zigzag indicator use
4 replies
Uwe6000
6 years ago #117003
hi guys,
the default zigzag indicator gives low and high signals at different periods.
how can i use zigzag in wizard ?
i had imported zigzag as custom indicator, but now for strategy i need values from indicator – highs and lows…
strategy is … zigzag high – go short, zigzag low – go long
how can i use zigzag high and lows ? in wizard nothing values to see
tomas262
6 years ago #143307
Hello,
most probably this won’t work correctly with EA since ZigZag tops and bottoms are defined retrospectively. Look at the screenshot what I mean. ZigZag low is established 4 bars back at the moment marked bar closed. When the bar at the low closed the low did not exist there yet
You can see it yourself when running market replay or live data. There is no ZigZag low defined and suddenly it appears several bars back ..
Uwe6000
6 years ago #202865
hello, i add the zigzag indicator to trail the SL with the low of the zigzag (for long market), but i need the low value from this. Here my simple strategie file but is not working… ? How can i do this with zigzag ?
tomas262
6 years ago #202961
Hello,
there is no “low” value for the ZigZag. Its output contains a single value. Better to trail using Lowest[x] where you set x to large number of bars like 50.
Uwe6000
6 years ago #202970
Hi, okay i understand … thank you
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