PureBytes Links
Trading Reference Links
|
> 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
>
|