ZigZag with percent?

• 08/03/2021 at 1:58 PM #174601
  AnamaTrader

  Hi all,

  I am fairly new to these forms, but have been looking around for an indicator such as the ZigZag but that also prints the percent of the “rotation” as a bubble on the chart. as seem to be available in some other platforms. Basically, just the ZigZagPct rather than just ZigZag, where we choose a certain threshold for a rotation up or down, and the line is drawn etc, but also when is passes the threshold prints (and updates) the actual percent change no the chart. Much like what for example Brian Watt is using. i have been think of constructing it myself, but I figured someone here is likely to have already done this perhaps. Any tip os help is welcome!

  I am attaching a screenshot of an exmple what it might look like

   

  

  AnamaTrader

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  08/03/2021 at 6:00 PM #174627
  robertogozzi

  There you go, simply add it to your chart as well as built-in ZigZag:

  //DEFPARAM DrawOnLastBarOnly = true //ONCE p = 200 ONCE LastPeak = 0 ONCE Up = 1 ONCE Down = -Up ONCE PeakUP1 = close ONCE PeakUP2 = close ONCE PeakDN1 = close ONCE PeakDN2 = close X = average[100,0](range) / 3 //offset to plot percentages ZZ = ZigZagPoint[p](close) PeakUP = (ZZ[1] > ZZ[2]) AND (ZZ < ZZ[1]) PeakDN = (ZZ[1] < ZZ[2]) AND (ZZ > ZZ[1]) IF PeakUP AND ((LastPeak = Down) OR (LastPeak = 0)) THEN LastPeak = Up PeakUPprice = close[1] PerCent = (PeakUPprice * 100 / PeakDNprice) - 100 DrawText("#PerCent#",BarIndex[1],high[1] + X,Dialog,Bold,12) coloured(0,128,0,140) ELSIF PeakDN AND ((LastPeak = Up) OR (LastPeak = 0)) THEN LastPeak = Down PeakDNprice = close[1] PerCent = (PeakDNprice * 100 / PeakUPprice) - 100 DrawText("#PerCent#",BarIndex[1],low[1] - X,Dialog,Bold,12) coloured(255,0,0,255) ENDIF RETURN

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  //DEFPARAM DrawOnLastBarOnly = true //ONCE p       = 200 ONCE LastPeak  = 0 ONCE Up        = 1 ONCE Down      = -Up ONCE PeakUP1   = close ONCE PeakUP2   = close ONCE PeakDN1   = close ONCE PeakDN2   = close X              = average[100,0](range) / 3    //offset to plot percentages ZZ             = ZigZagPoint[p](close) PeakUP         = (ZZ[1] > ZZ[2]) AND (ZZ < ZZ[1]) PeakDN         = (ZZ[1] < ZZ[2]) AND (ZZ > ZZ[1]) IF PeakUP AND ((LastPeak = Down) OR (LastPeak = 0)) THEN    LastPeak    = Up    PeakUPprice = close[1]    PerCent     = (PeakUPprice * 100 / PeakDNprice) - 100    DrawText("#PerCent#",BarIndex[1],high[1] + X,Dialog,Bold,12) coloured(0,128,0,140) ELSIF PeakDN AND ((LastPeak = Up) OR (LastPeak = 0)) THEN    LastPeak    = Down    PeakDNprice = close[1]    PerCent     = (PeakDNprice * 100 / PeakUPprice) - 100    DrawText("#PerCent#",BarIndex[1],low[1] - X,Dialog,Bold,12) coloured(255,0,0,255) ENDIF RETURN

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  AnamaTrader

  

  robertogozzi

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  08/03/2021 at 8:20 PM #174635
  AnamaTrader

  Great! thank you. this will work fine. thanks a lot for your quick help!

  

  AnamaTrader

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  09/03/2021 at 8:32 AM #176709
  thebaron

  hello

  is it possible to have it in value also (exemple for futur contract in points) to have the choice betwen percent and value ?

  sincerely eric

  

  thebaron

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  09/04/2021 at 10:17 AM #176775
  robertogozzi

  What do you mean by “futur contract in points“?

   

  

  robertogozzi

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