Hi apprentice,
I request following indicator based on zig zag
Indicator- zig zag
Parameters: depth-12 , deviation-8,back up-5,
Range = zig zag high - zig zag low
Range number (N )(number of high low to be calculated)= 3
Range average=
_ (range1+range2+ range 3+......range N)/ range number N
Projection value:
If last zig zag is low --
projection value =zig zag + range average
If last zig zag is high
Projection value = zig zag - range average
Horizontal line to be drawn at projection value.
Projection value to be displayed on chat corner as " zig zag projection value is xxxxx"
Thank you.