zigzagpoint not supported

• 11/09/2020 at 11:09 AM #149883
  Seb

  Hello,

  I want to use the zigzagpoint with ATR as input in a strategy:

  ZigZagPoint[2*averagetruerange[200]](close)

  1	ZigZagPoint[2*averagetruerange[200]](close)

  If I want to run the backtest I get an error that states that zigzagpoint is not supported.

  Is there a way around this/an alternative?

  

  Seb

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  11/09/2020 at 12:03 PM #149894
  robertogozzi

  ZigZag, ZigZagPoint, like DPO are not allowed in strategies because they are so-colled REPAINTING indicators, that is, at a later moment they draw in the past to plot the correct signal, which cannot be done live.

  It can be useful, at times, for manual trading as you ARE watching the chart and can evaluate what’s happening. Automated strategies cannot.

   

  1 user thanked author for this post.

  Seb

  

  robertogozzi

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