OPEN-SOURCE SCRIPT

ZigZag (Using Line Array)

已更新
This is standard zigzag indicator. I just coded them using lines array feature of pine - so that it can be done in least number of lines of code.

Few possible improvements:

  • Use label array to mark HH, HL, LH and LL
  • Add standard deviation check

版本注释
Added updates mentioned in the description.
版本注释
Corrected HL and LH labels
版本注释
Added ratios display.
版本注释
  • Previously, using pivotHigh and pivotLow on every bar for last 10 periods caused some inconsistencies in plotting zigzag. Hence, switched to points based calculation. However, zigzags are still created via lines array
  • Fixed empty label issue
版本注释
Solved array index out of bounds issue
版本注释
Adding option to apply zigzag on different source such as RSI. This enables plotting zigzag and ratios on RSI - which can be used for finding divergence.
版本注释
  • Corrected minor logical error.
  • Removed DeviationThreshold as it was leading to wrong calculation
ZigzagZig Zag Indicator

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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