Hey. I add the ZigZag_pcnt or ZigZag_pnts indicator to the chart, but nothing is displayed on the chart. I tried different timeframe and indicator settings. Why?
regards,
ZigZag ind not work?
- Svetlana MultiCharts
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Re: ZigZag ind not work?
Hello, maxzhi,
It is required to find the correct RetracePct input for each symbol. By default, the input value is quite big.
Usually the suitable value is from 0 to 1.
It is required to find the correct RetracePct input for each symbol. By default, the input value is quite big.
Usually the suitable value is from 0 to 1.
Re: ZigZag ind not work?
RetracePct is mean the number of bars? For example, if the last leg was down and we're looking for a new up leg on a 9-Bar Zig Zag(RetracePct=9), the high must make a higher high that previous 9 bars in order to confirm an up leg.Hello, maxzhi,
It is required to find the correct RetracePct input for each symbol. By default, the input value is quite big.
Usually the suitable value is from 0 to 1.
Regards,
- Svetlana MultiCharts
- Posts: 645
- Joined: 19 Oct 2017
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Re: ZigZag ind not work?
maxzhi,
RetracePct - minimum percentage difference between swing points to plot.
RetracePct - minimum percentage difference between swing points to plot.
Re: ZigZag ind not work?
Thank you Svetlana,maxzhi,
RetracePct - minimum percentage difference between swing points to plot.
is there a ZigZag indicator in which the leg is calculated based on a high / low 1 bar ( or n-bars)?
regards,
- Svetlana MultiCharts
- Posts: 645
- Joined: 19 Oct 2017
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Re: ZigZag ind not work?
maxzhi,
There isn’t such an indicator in the list of pre-built studies. You can modify the code by your own, or search for the required indicator in the Internet and import it in MultiCharts:
https://www.multicharts.com/trading-sof ... ng_Studies
There isn’t such an indicator in the list of pre-built studies. You can modify the code by your own, or search for the required indicator in the Internet and import it in MultiCharts:
https://www.multicharts.com/trading-sof ... ng_Studies