ZigZag LibraryThis is yet another ZigZag library.
🔵 Key Features
1. Lightning-Fast Performance : Optimized code ensures minimal lag and swift chart updates.
2. Real-Time Swing Detection : No more waiting for swings to finalize! This library continuously identifies the latest swing formation.
3. Amplitude-Aware : Discover significant swings earlier, even if they haven't reached the standard bar length.
4. Customizable Visualization : Draw ZigZag on-demand using polylines for a tailored analysis experience.
Stay tuned for more features as this library is being continuously enhanced. For the latest updates, please refer to the release information.
🔵 API
// Import this library. Remember to check the latest version of this library and replace the version number below.
import algotraderdev/zigzag/1 as zz
// Initialize the ZigZag instance.
var zz.ZigZag zig = zz.ZigZag.new().init(
zz.Settings.new(
swingLen = 5,
lineColor = color.blue,
lineStyle = line.style_solid,
lineWidth = 1))
// Analyze the ZigZag using the latest bar's data.
zig.tick()
// Draw the ZigZag.
if barstate.islast
zig.draw()
