ZigZag Pnts

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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

Plot

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