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Old 08-19-2007, 07:43 AM
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Zz
Hi,

I think there's zigzag indicator that not repaint....HiLow Zigzag is not repaint

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  #42 (permalink)  
Old 09-11-2007, 01:45 PM
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I don't want to be importunate, but it would be very nice if someone can make this trend lines to update automatically. When I run backtest with this indicator there is only zigzag line updating, but trend lines stays at their initial positions. Is there any way to fix it? I've tried to do this by myself but nothing worked. Sorry for bad english and thanks in advance.
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  #43 (permalink)  
Old 09-11-2007, 01:53 PM
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Could someone post these indicators
Please post these indicators

Quote:
Originally Posted by stljeffbb View Post
Here is the code for these three indicators written in metastock/tradestation language:


ZIG ZAG VALIDATION

This indicator validates the LAST LEG of Zigzag.

Values returned:
1 = valid leg (not revisable), 0 = invalid leg (revisable).
Do NOT use this indicator in systems or for backtesting.}
perc:=Input("Percent",0.0001,1000,10);

Z:=Zig(CLOSE,perc,%);
last:=ValueWhen(1,( Z > Ref(Z,-1) AND Ref(Z,-1) < Ref(Z,-2) )
OR
( Z < Ref(Z,-1) AND Ref(Z,-1) > Ref(Z,-2) ),
Ref(Z,-1));

pc:=(CLOSE-last) * 100 / last;
pc:= Abs(pc);

SD:=(z>Ref(z,-1) AND Ref(z,-1)>Ref(z,-2)) OR (z<Ref(z,-1) AND Ref(z,-
1)<Ref(z,-2));

res:=If(pc>=perc ,1,0);
If(Alert(res,2) AND SD,1,res)



ZIG ZAG TREND
{This is a safe indicator as it deals with valid trends only.
You can trade it directly or incorporate it in any other
tool or system.}

Values returned:
1 = Valid uptrend, -1 = valid downtrend }

vr:=Input("Field (0=Ind/tor, 1=Open, 2=High, 3=Low, 4=Close)",0,4,0);
amnt:=Input("Reversal amount",0.0001,1000,10);
md:=Input("Method (1=Percent, 2=Points)",1,2,1);

vr:=If(vr=1,OPEN,If(vr=2,HIGH,If(vr=3,LOW,If(vr=4, CLOSE,P))));
zz0:=If(md=1, Zig(vr,amnt,%), Zig(vr,amnt,$));
zz1:=Ref(zz0,-1);
zz2:=Ref(zz0,-2);

tr:=ValueWhen(1,zz0>zz1 AND zz1<zz2, zz1);
pk:=ValueWhen(1,zz0<zz1 AND zz1>zz2, zz1);
PU:=If(md=1,tr+Abs(tr)*amnt/100,tr+amnt);
PD:=If(md=1,pk-Abs(pk)*amnt/100,pk-amnt);

res:=If(vr>=PU AND zz0>zz1,1,
If(vr<=PD AND zz0<zz1,-1,0));
res:=If(res<>0,res,ValueWhen(1,res<>0,res));
res

ZIG ZAG THRESHOLD

{This indicator returns the price at which Zigzag Trend (ZZT) will change direction
(the price at which we will have a new confirmed trend)}

vr:=Input("Field (0=Ind/tor, 1=Open, 2=High, 3=Low, 4=Close)",0,4,0);
amnt:=Input("Reversal amount",0.0001,1000,10);
md:=Input("Method (1=Percent, 2=Points)",1,2,1);


vr:=If(vr=1,OPEN,If(vr=2,HIGH,If(vr=3,LOW,If(vr=4, CLOSE,P))));
zz0:=If(md=1, Zig(vr,amnt,%), Zig(vr,amnt,$));
zz1:=Ref(zz0,-1);
zz2:=Ref(zz0,-2);


tr:=ValueWhen(1,zz0>zz1 AND zz1<zz2, zz1);
pk:=ValueWhen(1,zz0<zz1 AND zz1>zz2, zz1);
PU:=If(md=1,tr+Abs(tr)*amnt/100,tr+amnt);
PD:=If(md=1,pk-Abs(pk)*amnt/100,pk-amnt);

res:=If(vr>=PU AND zz0>zz1,1,
If(vr<=PD AND zz0<zz1,-1,0));
res:=If(res<>0,res,ValueWhen(1,res<>0,res));


top:=HighestSince(1,res>Ref(res,-1),vr);
bot:=LowestSince(1,res<Ref(res,-1),vr);

threshold:=If(res=-1,
If(md=1,bot+Abs(bot)*amnt/100,bot+amnt),If(md=1,top-Abs(top)*amnt/100,top-amnt));

threshold;



Thanks!
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  #44 (permalink)  
Old 09-11-2007, 08:25 PM
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salam codersguru
Thank you for your great indicator.
I consider to test this in visual mode of strategy tester but it doesn’t work properly in visual mode (don’t draw yellow lines).
Can you modify zigzag channel indicator for this.
Thanks in advance
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  #45 (permalink)  
Old 10-03-2007, 08:25 PM
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Question
What about the exit?Any ideas....
Attached Images
File Type: jpg jpy_zgzag.jpg (85.6 KB, 984 views)
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  #46 (permalink)  
Old 10-06-2007, 11:58 PM
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Zigzag
Is it possible to find ZZ indi with adjustable minimum % of price range?

Thanks
Viat
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Old 10-07-2007, 01:03 AM
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Here is my first attempt at adding Auto Quadrant lines to coders ZigZag Channels indicator.
You can change the colour & style of the Quadrant lines from the user menu.

What are Quadrant lines?

You select a peak and a bottom and you divide the distance between them into four equal sections.
The lines that separate these sections are called Quadrant lines and they are:
  • the trough (the lowest price line) or 0% line
  • the 25% line,
  • the 50% line (the middle of the distance between peak and trough)
  • the 75% line
  • and the peak (the highest price line) or 100% line
  • I have also added ±25% & ±50% Quadrant Lines for future S&R
Many traders use Quadrant lines to predict levels of price retracements.
When prices move between a recent peak-trough pair they often find
temporary support and resistance at or near the Quadrant lines.

I include the mq4 file if anyone is interested in taking it further.

Xard777

enc indicator plus chart showing indicator.
Attached Images
File Type: gif zzt+auto_quadrant.gif (31.8 KB, 888 views)
Attached Files
File Type: mq4 ZigZag_Channels+Auto_Quadrant_lines-v1.0.mq4 (11.9 KB, 375 views)
Last edited by xard777; 10-07-2007 at 01:38 AM.
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  #48 (permalink)  
Old 10-07-2007, 05:25 AM
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Great job XArd777!

The Quadrant lines indeed further in helping trade using zigzag channel, where the price find the SR.

If you can add an alert if price breaking the channel lines it will be great.

Thanks. You da man!

matfx
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  #49 (permalink)  
Old 10-07-2007, 02:25 PM
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Quote:
Originally Posted by viat View Post
Is it possible to find ZZ indi with adjustable minimum % of price range?

Thanks
Viat
Check this thread Zigzag indicators (may be you will find something there).
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Old 03-11-2008, 11:35 PM
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Quote:
Originally Posted by codersguru View Post
Hi there!
A new indicator needs your comments !
ZigZag Channels
Coders,

could be this indicator translated to the new zig zag code.
Thanks mate.
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