ZigZag Indicator using Highs and Lows

• 09/04/2023 at 2:48 PM #220309
  nils_k

  Dear Nicolas, Dear Members of the Forum,

  I want to code a ZigZag Indicator that uses highs and lows instead of just the close (as the one included in the Platform does) as a reference point.

  I have found some great code for making a ZigZag Indicator (https://www.prorealcode.com/prorealtime-indicators/zigzag-indicator/), but it also uses the close instead of the high for peaks and the low for troughs. Although there is a suggestion of how to incorporate highs/lows in the comments, the version suggested there seems to hardcode the segments to be drawn instead of using arrays, thus limiting the segments that can be drawn. Has anybody got an idea of how the code linked above could be rewritten to use highs/lows instead of the close (or alternatively, how the code in the comments https://www.prorealcode.com/prorealtime-indicators/zigzag-indicator/#comment-12840 could be rewritten to make it possible to adjust the numbers of segments drawn freely)?

  Thank you so much for helping me.

   

  Regards, Nils

   

  1 user thanked author for this post.

  Avi_P

  

  nils_k

  Participant

  Topics: 7

  Replies: 8

  Been thanked: 1 time
  09/04/2023 at 3:45 PM #220316
  JS

  Hi Nils,

  Have you tried the high and low ZigZag code…?

  You can use this code to set how many points (k*ATR) or what percentage (%) should be between the tops and bottoms…

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  09/04/2023 at 3:48 PM #220317
  JS

  ZigZag High-Low

  DEFPARAM DRAWONLASTBARONLY=TRUE //Variabili: Punti=3 * averagetruerange[200] //Pips Percentuale=0.25 //% Tipo=0 //0=pips; 1=perc //VarY=CustomClose //close,tpicalprice, etc //inizializzo primo punto come TOP once LastPoint = 1 once TX0 = barindex once TY0 = close //Tipo ZZ in Punti o Percentuale If Tipo=0 then //ZZ in punti DeltaY=Punti//*pipsize elsif tipo=1 then //ZZ in % DeltaY=Percentuale/100*Dclose(1)//usato Dclose come rif. per stabilità del valore endif //ZZ in fase 1 if LastPoint=1 then //ultimo punto era un massimo if high>=TY0 then // aggiorno il punto di max e rimango in LastPoint=1 TY0=high TX0=barindex elsif low<=TY0-DeltaY then //primo punto definitivo low rem for i=PI downto 0 do //shift memoria punti precedenti LX4=LX3 LY4=LY3 LX3=LX2 LY3=LY2 LX2=LX1 LY2=LY1 LX1=LX0 LY1=LY0 LY0=low LX0=barindex LastPoint=-1 endif endif //ZZ in fase -1 if LastPoint=-1 then //ultimo punto era un minimo if low<=LY0 then // aggiorno il punto di min e rimango in LastPoint=-1 LY0=low LX0=barindex elsif high>=LY0+DeltaY then //primo punto definitivo top TX4=TX3 TY4=TY3 TX3=TX2 TY3=TY2 TX2=TX1 TY2=TY1 TX1=TX0 TY1=TY0 TY0=high TX0=barindex LastPoint=1 endif endif //—GRAFICA— If lastpoint=1 then drawsegment (barindex,high,TX0,TY0) style (dottedline,2) COLOURED (0,0,200) //segmento in progress drawsegment (TX0,TY0,LX0,LY0) style (line,2) COLOURED (0,0,200) //segmenti definitivi drawsegment (LX0,LY0,TX1,TY1) style (line,2) COLOURED (0,0,200) drawsegment (TX1,TY1,LX1,LY1) style (line,2) COLOURED (0,0,200) drawsegment (LX1,LY1,TX2,TY2) style (line,2) COLOURED (0,0,200) drawsegment (TX2,TY2,LX2,LY2) style (line,2) COLOURED (0,0,200) drawsegment (LX2,LY2,TX3,TY3) style (line,2) COLOURED (0,0,200) drawsegment (TX3,TY3,LX3,LY3) style (line,2) COLOURED (0,0,200) drawsegment (LX3,LY3,TX4,TY4) style (line,2) COLOURED (0,0,200) drawsegment (TX4,TY4,LX4,LY4) style (line,2) COLOURED (0,0,200) endif If lastpoint=-1 then drawsegment (barindex,low,LX0,LY0) style (dottedline,2) COLOURED (0,200,0) //segmento in progress drawsegment (LX0,LY0,TX0,TY0) style (line,2) COLOURED (0,0,200) //segmenti definitivi drawsegment (TX0,TY0,LX1,LY1) style (line,2) COLOURED (0,0,200) drawsegment (LX1,LY1,TX1,TY1) style (line,2) COLOURED (0,0,200) drawsegment (TX1,TY1,LX2,LY2) style (line,2) COLOURED (0,0,200) drawsegment (LX2,LY2,TX2,TY2) style (line,2) COLOURED (0,0,200) drawsegment (TX2,TY2,LX3,LY3) style (line,2) COLOURED (0,0,200) drawsegment (LX3,LY3,TX3,TY3) style (line,2) COLOURED (0,0,200) drawsegment (TX3,TY3,LX4,LY4) style (line,2) COLOURED (0,0,200) drawsegment (LX4,LY4,TX4,TY4) style (line,2) COLOURED (0,0,200) endif return

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90

  DEFPARAM DRAWONLASTBARONLY=TRUE //Variabili: Punti=3 * averagetruerange[200] //Pips Percentuale=0.25 //% Tipo=0 //0=pips; 1=perc   //VarY=CustomClose //close,tpicalprice, etc   //inizializzo primo punto come TOP once LastPoint = 1 once TX0 = barindex once TY0 = close   //Tipo ZZ in Punti o Percentuale If Tipo=0 then //ZZ in punti DeltaY=Punti//*pipsize elsif tipo=1 then //ZZ in % DeltaY=Percentuale/100*Dclose(1)//usato Dclose come rif. per stabilità del valore endif   //ZZ in fase 1 if LastPoint=1 then //ultimo punto era un massimo if high>=TY0 then // aggiorno il punto di max e rimango in LastPoint=1 TY0=high TX0=barindex elsif low<=TY0-DeltaY then //primo punto definitivo low rem for i=PI downto 0 do //shift memoria punti precedenti LX4=LX3 LY4=LY3 LX3=LX2 LY3=LY2 LX2=LX1 LY2=LY1 LX1=LX0 LY1=LY0   LY0=low LX0=barindex LastPoint=-1 endif endif   //ZZ in fase -1 if LastPoint=-1 then //ultimo punto era un minimo if low<=LY0 then // aggiorno il punto di min e rimango in LastPoint=-1 LY0=low LX0=barindex elsif high>=LY0+DeltaY then //primo punto definitivo top TX4=TX3 TY4=TY3 TX3=TX2 TY3=TY2 TX2=TX1 TY2=TY1 TX1=TX0 TY1=TY0   TY0=high TX0=barindex LastPoint=1 endif endif   //—GRAFICA— If lastpoint=1 then drawsegment (barindex,high,TX0,TY0) style (dottedline,2) COLOURED (0,0,200) //segmento in progress drawsegment (TX0,TY0,LX0,LY0) style (line,2) COLOURED (0,0,200) //segmenti definitivi drawsegment (LX0,LY0,TX1,TY1) style (line,2) COLOURED (0,0,200) drawsegment (TX1,TY1,LX1,LY1) style (line,2) COLOURED (0,0,200) drawsegment (LX1,LY1,TX2,TY2) style (line,2) COLOURED (0,0,200) drawsegment (TX2,TY2,LX2,LY2) style (line,2) COLOURED (0,0,200) drawsegment (LX2,LY2,TX3,TY3) style (line,2) COLOURED (0,0,200) drawsegment (TX3,TY3,LX3,LY3) style (line,2) COLOURED (0,0,200) drawsegment (LX3,LY3,TX4,TY4) style (line,2) COLOURED (0,0,200) drawsegment (TX4,TY4,LX4,LY4) style (line,2) COLOURED (0,0,200) endif If lastpoint=-1 then drawsegment (barindex,low,LX0,LY0) style (dottedline,2) COLOURED (0,200,0) //segmento in progress drawsegment (LX0,LY0,TX0,TY0) style (line,2) COLOURED (0,0,200) //segmenti definitivi drawsegment (TX0,TY0,LX1,LY1) style (line,2) COLOURED (0,0,200) drawsegment (LX1,LY1,TX1,TY1) style (line,2) COLOURED (0,0,200) drawsegment (TX1,TY1,LX2,LY2) style (line,2) COLOURED (0,0,200) drawsegment (LX2,LY2,TX2,TY2) style (line,2) COLOURED (0,0,200) drawsegment (TX2,TY2,LX3,LY3) style (line,2) COLOURED (0,0,200) drawsegment (LX3,LY3,TX3,TY3) style (line,2) COLOURED (0,0,200) drawsegment (TX3,TY3,LX4,LY4) style (line,2) COLOURED (0,0,200) drawsegment (LX4,LY4,TX4,TY4) style (line,2) COLOURED (0,0,200) endif   return

  1 user thanked author for this post.

  Avi_P

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  09/04/2023 at 4:44 PM #220321
  nils_k

  Dear JS,

  thank you for replying. I have tried the ZigZag Code that you reposted here. The problem that I have is that it draws only 10 Segments, as this is what is hardcoded below line 64. What I want is the possibility to dynamically adjust the amount of segments coded like it can be done with the indicator I linked above (https://www.prorealcode.com/prorealtime-indicators/zigzag-indicator/) just with highs and lows instead of just the close.

  Regards, Nils

  

  nils_k

  Participant

  Topics: 7

  Replies: 8

  Been thanked: 1 time
  09/04/2023 at 5:34 PM #220323
  JS

  Hi Nils,

  I understand what you want, I don’t think it’s that simple…

  Job for the real experts… 🙂

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  09/04/2023 at 5:38 PM #220324
  nils_k

  Yes, I’m hoping for Nicolas, Roberto, or Vonasi, et al. 🙂

  

  nils_k

  Participant

  Topics: 7

  Replies: 8

  Been thanked: 1 time
  09/08/2023 at 12:38 PM #220573
  LaMaille

  Here’s the same ZigZag Indicator (https://www.prorealcode.com/prorealtime-indicators/zigzag-indicator/), with the high and lows instead of close.

  ZigZag Highs and Lows with Array

  //17/12/2022 - T.F. - ZigZag code with Array //Sharing ProRealCode DEFPARAM DRAWONLASTBARONLY=TRUE //Variables: //Points=20 //Pips //Perc=0.25 //% //Type=0 //0=pips; 1=perc //Segments=10 //n. segments up/dw to show PI=max(0,(Segments-1)) //points top/low back to store VarY=CustomClose //close,tpicalprice, etc //inizializzo primo punto come TOP once LastPoint = 1 once $TX[0] = barindex once $TY[0] = High //Tipo ZZ in Punti o Percentuale If Type=0 then //ZZ in pips DeltaY=max(2*pipsize,Points*pipsize) elsif Type=1 then //ZZ in % DeltaY=max(0.001,Perc/100*Dclose(1)*pipsize) //Dclose used as ref. endif //ZZ in fase 1 if LastPoint=1 then //lastpoint was a top if High>$TY[0] then //update last top and stay in LastPoint=1 $TY[0]=High $TX[0]=barindex elsif Low<=($TY[0]-DeltaY) then //first point in low for i=PI downto 0 do //shift memory previous points $LX[i+1]=$LX[i] $LY[i+1]=$LY[i] next $LY[0]=Low //store new low and change lastpoint $LX[0]=barindex LastPoint=-1 endif endif //ZZ in fase -1 if LastPoint=-1 then //lastpoint was a low if Low<$LY[0] then //update last low and stay in LastPoint=-1 $LY[0]=Low $LX[0]=barindex elsif High>=($LY[0]+DeltaY) then //first point in top for i=PI downto 0 do //shift memory previous points $TX[i+1]=$TX[i] $TY[i+1]=$TY[i] next $TY[0]=High //store new top and change lastpoint $TX[0]=barindex LastPoint=1 endif endif //---GRAPH--- If LastPoint=1 then drawsegment (barindex,Low,$TX[0],$TY[0]) style (dottedline,2) COLOURED (0,0,200) //segment in progress for i=0 to PI do //final segments drawsegment ($TX[i],$TY[i],$LX[i],$LY[i]) style (line,2) COLOURED (0,0,200) drawsegment ($LX[i],$LY[i],$TX[i+1],$TY[i+1]) style (line,2) COLOURED (0,0,200) next endif If LastPoint=-1 then drawsegment (barindex,High,$LX[0],$LY[0]) style (dottedline,2) COLOURED (0,0,200) //segment in progress for i=0 to PI do //final segments drawsegment ($LX[i],$LY[i],$TX[i],$TY[i]) style (line,2) COLOURED (0,0,200) drawsegment ($TX[i],$TY[i],$LX[i+1],$LY[i+1]) style (line,2) COLOURED (0,0,200) next endif return

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75

  //17/12/2022 - T.F. - ZigZag code with Array //Sharing ProRealCode   DEFPARAM DRAWONLASTBARONLY=TRUE //Variables: //Points=20    //Pips //Perc=0.25    //% //Type=0       //0=pips; 1=perc //Segments=10  //n. segments up/dw to show     PI=max(0,(Segments-1)) //points top/low back to store VarY=CustomClose //close,tpicalprice, etc   //inizializzo primo punto come TOP once LastPoint = 1 once $TX[0]    = barindex once $TY[0]    = High   //Tipo ZZ in Punti o Percentuale If Type=0 then //ZZ in pips DeltaY=max(2*pipsize,Points*pipsize) elsif Type=1 then //ZZ in % DeltaY=max(0.001,Perc/100*Dclose(1)*pipsize) //Dclose used as ref. endif   //ZZ in fase 1 if LastPoint=1 then //lastpoint was a top if High>$TY[0] then //update last top and stay in LastPoint=1 $TY[0]=High $TX[0]=barindex elsif Low<=($TY[0]-DeltaY) then //first point in low for i=PI downto 0 do //shift memory previous points $LX[i+1]=$LX[i] $LY[i+1]=$LY[i] next $LY[0]=Low //store new low and change lastpoint $LX[0]=barindex LastPoint=-1 endif endif   //ZZ in fase -1 if LastPoint=-1 then //lastpoint was a low if Low<$LY[0] then //update last low and stay in LastPoint=-1 $LY[0]=Low $LX[0]=barindex elsif High>=($LY[0]+DeltaY) then //first point in top for i=PI downto 0 do  //shift memory previous points $TX[i+1]=$TX[i] $TY[i+1]=$TY[i] next $TY[0]=High //store new top and change lastpoint $TX[0]=barindex LastPoint=1 endif endif   //---GRAPH--- If LastPoint=1 then drawsegment (barindex,Low,$TX[0],$TY[0]) style (dottedline,2) COLOURED (0,0,200) //segment in progress for i=0 to PI do //final segments drawsegment ($TX[i],$TY[i],$LX[i],$LY[i]) style (line,2) COLOURED (0,0,200) drawsegment ($LX[i],$LY[i],$TX[i+1],$TY[i+1]) style (line,2) COLOURED (0,0,200) next endif If LastPoint=-1 then drawsegment (barindex,High,$LX[0],$LY[0]) style (dottedline,2) COLOURED (0,0,200) //segment in progress for i=0 to PI do //final segments drawsegment ($LX[i],$LY[i],$TX[i],$TY[i]) style (line,2) COLOURED (0,0,200) drawsegment ($TX[i],$TY[i],$LX[i+1],$LY[i+1]) style (line,2) COLOURED (0,0,200) next endif   return

  4 users thanked author for this post.

  Avi_P, Nicolas, robertogozzi, nils_k

  

  LaMaille

  Participant

  Topics: 1

  Replies: 18

  Been thanked: 12 times
  09/08/2023 at 12:42 PM #220575
  LaMaille

  I forgot to do it, but You can put line 13 as comment.

  1 user thanked author for this post.

  nils_k

  

  LaMaille

  Participant

  Topics: 1

  Replies: 18

  Been thanked: 12 times
• Author
  Posts