Difference between revisions of "ZigZag Pnts"

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'''LineWidth''' - trendlines’ thickness
 
'''LineWidth''' - trendlines’ thickness
  
===Plot===
+
===Plots===
 
Values are not plotted. The indicator plots lines connecting high and low swing points.
 
Values are not plotted. The indicator plots lines connecting high and low swing points.
  
 
[[Category:Pre-built Indicators]]
 
[[Category:Pre-built Indicators]]

Revision as of 14:22, 3 September 2021

The ZigZag Pnts indicator finds swing points that are at least some points defined by the RetracePnts input away from each other. A high swing point is where the price is higher than the previous or subsequent prices. A low swing point is where the price is lower than the previous or subsequent prices.

Inputs

HighPivotPrice - price value indicating the pivot high

LowPivotPrice - price value indicating the pivot low

RetracePnts - minimum point difference between swing points to plot

LineColor - trendlines’ color

LineWidth - trendlines’ thickness

Plots

Values are not plotted. The indicator plots lines connecting high and low swing points.