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Date/Time: Sat, 04 May 2024 16:14:58 +0000

Post From: zigzag not working accurately

[2013-08-07 15:05:09] Link To Thread - Link To Post [Go To First Post]
Al SC Developer - Posts: 434
This is working correctly. The first ZZ you show as missing is picked up, but gets replaced when the later pivot exceeds it. The second ZZ you show as missing is not picked up because it does not "exceed" the reversal amount. You have the reversal amount set to 2.0, and the ZZ has a depth of 2.0, which does not exceed the reversal amount. The documentation for the ZZ study (http://www.sierrachart.com/index.php?l=doc/doc_TechnicalStudiesReference.html#s133) explains how the lines are calculated. If you really want a ZZ to trigger at 2.0, you should specify a reversal amount of 1.99.