There is an issue with the Zig Zag Indicator in 12.2 Beta 4 and Beta 5 that has been corrected in 12.2 Beta 6. In Beta 4 and Beta 5, a new "Minimum Price Change" option was added titled "Fractals" which enables Zig Zag to match the Fractals Indicator (see below). However, when upgrading to Beta 4 or Beta 5, some existing Zig Zag indicators will automatically turn this new option on, forcing existing Zig Zags based on "Bars, $, %, or Ticks" to now use "Fractals" instead. When you install Beta 6, Investor/RT will restore all Zig Zags to their pre
Investor/RT 15, 14, and 13 general release installers are available on the Download page.
Beta measures the volatility of a security relative to something else, usually a benchmark index like S&P. To calculate beta, you scatter plot the bar to bar changes of the symbol (stock or fund) along with the bar to bar changes of an index on an XY graph (with the index going on the X axis) for a user-specified period. A best fit (regression) line is then drawn through these points. The slope of that line is beta, while the Y intercept is alpha.