zigzagpoint not supported

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    Seb
    Participant
    Average

    Hello,

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

    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?

    #149894 quote
    robertogozzi
    Moderator
    Master

    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.

    Seb thanked this post
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zigzagpoint not supported


ProOrder: Automated Strategies & Backtesting

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Seb @seb Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
5 years, 3 months ago.

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 11/09/2020
Status: Active
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