Absolute ZigZag

19 Sep

This ZigZag Indicator is a bit unique in it's kind.
It uses my own Absolute ZigZag Lib to calculate the pivots:

Instead of using percentages or looking more than 1 bar left or right, this Zigzag library calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is a very fast and accurate way of calculating pivots.

The library also features a solution for bars that have both a higher high and a higher low like seen below.


You can also use your own colors for the labels and the lines:


You can also quickly select a one-colored theme without changing all colors at once:

27 Nov

Catatan Rilis

This ZigZag Indicator is a bit unique in it's kind.
It uses my own Absolute ZigZag Lib to calculate the pivots:

Instead of using percentages or looking more than 1 bar left or right, this Zigzag indicator calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is a very fast and accurate way of calculating pivots.

The indicator also features a solution for bars that have both a higher high and a higher. In this situation the indicator will look into a lower time-frame to detect what event happened first. You can turn this feature off in the settings.