Support Board
Date/Time: Wed, 14 May 2025 10:10:34 +0000
Post From: Zig Zag request (reversal amount)
| [2016-01-16 20:07:09] |
| rhovega - Posts: 279 |
|
Hi, Two suggestions for you to consider adding to the Zig Zag study that would be enormously helpful: 1) Alllowing "Reversal Amount for Calculation Mode 2,3" to make reference to a study. Thus, the user could make reference for example to ATR, normalizing the reversal amount by a standard measure applicable across instruments. That would enable the user to make the same Zig Zag study applicable across instruments. For example, using a reversal amount of "5" for a Zig Zag applied to ES is useless if applied to ZB or CL. The end result is having to keep different Study Collections for every instrument whenever Zig Zag is part of the Study Collection. Another big benefit would be making the reversal amount a dynamic measure. 2) Enabling an option to make Higher Highs / Lower Lows only on strict inequalities. For example right now (using method 2), if a reversal price is equal to a prior Higher Low / Lower High, then the study will label such reversal price as a new Higher High / Lower Low, rather than another Higher Low / Lower High. That would be very useful and seemingly easy to implement. Thank you. |