编辑精选OPEN-SOURCE SCRIPT

HH-LL ZZ

已更新

Another ZigZag, yes...
I believe though this concerns another angle/principle, therefore I wanted to share

How does it work?

Given:

source for level breach -> close
X breaches -> 3

Let's say this is the latest found 'lower low' (LL - blue dot under bar):

This bar has been triggered because 3 bars closed under low of previous 'trigger bar' (TB )

The high and low of this new TB will act as triggers
(aqua blue lines, seen in image above)

Then there are 2 options:
- again 3 bars closes under the latest TB , in that case the TB moves to that new LL.
- 3 bars closes higher than the high of previous TB

The high and low of this new TB act again as trigger

If a new TB LL/HH is found, the script checks previous LL/HH
and searches the highest/lowest point in between.
If necessary, the temporary highest/lowest will be adjusted:

Another example:

The last 2 points can change (repaint).
Yellow coloured lines/labels are set and won't change anymore.

Concluded:
In case of these settings:
*source for level breach -> close
*X breaches -> 3
once a new TB is found, the high and low act as trigger lines
- when 3 bars closes under that low, a new LL is found, this will be the new TB
- when 3 bars closes above that high, a new HH is found, this will be the new TB
and so on...

Settings: