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Re: Zig Zag indicator in EL codes?



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> Hi.
> 
> Does anyone have Zig Zag indicator, as the one used in MetaStock, in EL
> codes?
> 
> This Zig Zag indicator does not intend to be used for trading directly,
> but only for backtesting.  It can filters out "changes" in the data series
> or your favorite indicators that are less than x percent or points on each
> swing. Since it isolates all the meaningful swings or moves that you are
> interested in, you can concentrate on identifying your trading rules more
> effectively.
> 
> Since I switched from MetaStock to TS 4 years ago, I miss this Zig Zag
> Indicator a lot.  Hope someone out there can help me on this.  Thanks!
> 
> Regards,
> 
> Hank
>