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Al, if you are referring to the ZigZag code below, it should also work
on 5 min charts.
jose '-)
==============
ZigZag - Hi/Lo
==============
---8<---------------------------
{ High/Low ZigZag v1.0 }
{ Plot on price chart }
{ ©Copyright 2004 Jose Silva }
{ http://users.bigpond.com/prominex/pegasus.htm }
pr:=Input("ZigZag reversal amount",
0.001,100000,5);
choose:=Input("[1]Hi/Lo ZigZag, [2]Close ZZ, [3]Peaks/Troughs",1,3,
1);
pk:=PeakBars(1,H,pr)=0;
tr:=TroughBars(1,L,pr)=0;
pktr:=pk-tr;
zz:=Zig(C,pr,%);
zzHi:=Zig(H,pr,%);
zzLo:=Zig(L,pr,%);
avg:=(zzHi+zzLo)/2;
x:=
If(pk,zzHi,If(tr,zzLo,If(avg>Ref(avg,-1),H,L)));
zzHiLo:=Zig(x,pr,%);
If(choose=1,zzHiLo,If(choose=2,zz,pktr))
---8<---------------------------
--- In equismetastock@xxxxxxxxxxxxxxx, elnaseer dina <zebra7860@xxxx>
wrote:
> Hello,
>
> A while ago Jose developed the zigzag code for EOD charts but now I
> wish to employ the Zigzag for my intraday ( 5 min) charts to
> identify swing highs and lows.
>
> Does anybody have a code that can accomplish this?
>
> I would certainly appreciate the help.
>
> Thanks,
> Al
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