ZigZag with percent?
-
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
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 RETURNAnamaTrader thanked this post
- You must be logged in to reply to this topic.
Author
Summary
This topic contains 4 replies,
has 3 voices, and was last updated by 
4 years, 5 months ago.
Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 08/03/2021 |
| Status: | Active |
| Attachments: | 3 files |
