ZigZag trend lines

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ZigZag trend lines

Postby arfs9090 » Sun Jan 17, 2021 3:57 am

Hey Apprentice & Team,
Can you add to the existing zigzag channel or code new indicator, to add a horizontal line & two trend lines taken from the candle pattern, would take the close of the 2nd candle b4 the high/low and the open & close of the candle that closed past the close of the 2nd b4 the high/low,
To plot the lines from A to B = trend line A to C = trend line and from A = horizontal line

To have option to show x= historical data only to show if previous structure broken (trend lines & horizontal lines)

For new down zigzag printed use ASK price from the close of the 2nd buyers candle b4 the down zigzag to the 1st sellers candle that closed below the open of the 2nd buyers candle b4 the zigzag .Then to plot horizontal line from A then plot trend line from A to B also from A to C
A= the close of 2nd buyer’s candle b4 zigzag on ASK price
B= the open of 1st seller’s after zigzag closed below point A
C= the close 1st seller’s after zigzag closed below point A

For new up zigzag printed use BID price from the close of the 2nd sellers candle b4 the up zigzag to the 1st buyers candle that close above the open of the 2nd sellers candle b4 the zigzag, Then to plot horizontal line from A then plot trend line from A to B also from A to C
A= the close 2nd seller’s candle b4 zigzag on BID price
B= the open 1st buyer’s after zigzag closed above point A
C= the close 1st buyer’s after zigzag closed above point A


Thanks in advance
Arfs


ZZ trend lines.jpeg
arfs9090
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Re: ZigZag trend lines

Postby Apprentice » Mon Jan 18, 2021 7:50 am

Your request is added to the development list.
Development reference 92.
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Apprentice
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