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why should it be a constant instead of array. the pivot can change based on the volatility of the instrument. there is little value in putting a number that would work only for a certain time period.
--- In amibroker@xxxxxxxxxxxxxxx, "Mike" <sfclimbers@xxx> wrote:
>
> The % change parameter is used to indicate what the *minimum* movement must be before qualifying as a pivot. Each pivot point will be guaranteed to be at least that percentage above/below the last pivot point. All other lesser swings between the recognized pivots are just noise.
>
> Using a smaller % will result in many more recognized pivots with very little noise in between. Using a larger % will result in fewer recognized pivots with more noise in between.
>
> Mike
>
> --- In amibroker@xxxxxxxxxxxxxxx, "murthysuresh" <money@> wrote:
> >
> > i am trying to plot the peaks and troughs.
> > i could use some help with the zigzag as i am confused with the paramter % change which is defined as a number. any ideas is appreciated.
> >
>
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