ZIG ZAG PROJECTION INDICATOR

[rose123]

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.

[Apprentice]

Your request is added to the development list.
Development reference 514.