zig zag

6 posts / 0 new
Last post
Sat, 05/03/2025 - 18:17
#1
Eyal Okin
Last seen: 5 months 2 weeks ago
Joined: 06/03/2023 - 12:54
Trying to build a simple indicator (Ratio of the ongoing wave Vol. vs the avg Vol. of the past 10 waves)

Hi there,
I'm trying to build a custom indicator I can use on native rt investor zigzag. The idea is to calculate the ratio of the current wave volume to the average volume of other 10 waves, both up waves and down waves. So for instant if the wave shows 1.4 it means that this wave is 150 percent of the average of last 19 waves. I'm positive it is pretty simple for somebody who does coding, but I'm struggling with implementation. Any help?

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1 post / 0 new
Mon, 01/02/2023 - 13:19
#1
cpayne
Last seen: 3 years 2 months ago
Joined: 03/30/2009 - 00:00
Zig Zag Volume Value/Labels Explained

The Zig Zag, and Zig Zag Oscillator indicators, have various options to display the volume of each leg including those seen below...

In the upper pane, the Zig Zag indicator labels the legs with "Total Volume" of each leg.  In the lower pane, the Zig Zag Oscillator is showing the Up/Down Volume result.

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PaintZigZag (RTX)

PaintZigZag

The PaintZigZag (PZZ) RTX Extension paints the legs of the Zig Zag indicator based on a number criteria of each leg or even each bar. PZZ provides up to 6 paint criteria with each criteria having a unique color and width. PZZ can paint each leg based on conditions such as: up sloping vs down sloping, leg volume > 50,000, leg delta > 12,000, leg move > 35 ticks. Or PZZ can individually paint each bar within each leg based on a bar by bar condition which can be provided via a signal: up bar vs down bar, bar volume > 5000, bar delta > 3500, CCI > 100 vs CCI < -100, etc.

PaintZigZag (RTX)

The PaintZigZag (PZZ) RTX Extension paints the legs of the Zig Zag indicator based on a number criteria of each leg or each bar.

6 posts / 0 new
Last post
Wed, 03/18/2020 - 07:29
#1
chrisw
Last seen: 3 years 9 months ago
Joined: 06/10/2019 - 20:31
"Delta Since Last Pivot" for previous pivots

Hi,

I'm trying to compare ZZO's "Delta Since Last Pivot" for the current down pivot and the previous 3 down pivots. I'm sure it must be possible to access that, but I can't figure out how. Anyone able to help?

Thanks,

-Chris

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Zig Zag 12.7: Equi-Zig and Delta/Volume Shading

This video highlights some exciting new visual presentation options available to the Zig Zag Indicator: Equi-Zig, Delta Shading, and Volume Shading. The Equi-Zig option draws each leg of the Zig Zag in a variable width reflective of the volume of the leg. The Delta and Volume Shading colors each leg with a shade reflective of the magnitude of the delta or volume respectively. With Equi-ZIg, the user may choose the maximum width in pixels; each leg is drawn with a width that is a percentage of that max width.

Zig Zag Periodicity

Zig Zag Periodicity

A periodicity named Zig Zag has been added. The magnitude of the periodicity is supplied in ticks. Bar formation operates on the same principles as the Zig Zag indicator. Each bar represents a market move of at least the user specified magnitude. Each bar is an accumulation of the data of a market move. Zig Zag bars are unique in several ways. Each bar opens on one extreme and closes on the other extreme, thus there are no wicks. Also, not only does the last bar change with price movement, but the next to last bar can also change.

Using Zig Zag Oscillator in RTL

Using Zig Zag Oscillator in RTL

This video demonstrates how to manage the usage of the forward-looking Zig Zag Oscillator within a Custom Indicator or Signal Marker. The Zig Zag Oscillator is unique in that it is a forward looking indicator, and as such, past values can change based on future price movement. Due to this forward-looking nature, when the ZZO token is used within RTL, special consideration must be made to accommodate the addition of any Custom Indicators or Signals that contain ZZO when adding to a chart. This video describes how to setup such Custom Indicators or Signal.