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Does anyone know the detailed information about the build-in
indicators - Peak, Trough and Zigzag? According to those build-in
indicators with option with different sensitivity, such as 1%
sensitivity, is this sensitivity based on specific price level
[H,L,C,O] or the range of fluctuation between recent peak and trough
to confirm the Peak and Trough?
According to Peak(1,C,1), it is the recent peak with 1% sensitivity,
Does anyone know how to determine the triggered level for
confirmation? will it be the formula as shown below;
1) Zigzag based on Range of Fluctuation to determine peak and trough
Peak(1,C,1) - (Peak(1,C,1) - Trough(1,C,1))*(1+1/100) [1% of the
range below the peak] = the triggered level for confirmation or
2) Zigzag based on Price Percentage to determine peak and trough
Peak(1,C,1)*(1-1/100) [99% of the peak level]
In order to confirm the triggered level for Zigzag, which one should
I use for confirmation (1 or 2)?
Thank you
Eric
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