best zig zag indicator for tradestation 9.5 tick charts

Valid numbers are integers between 0 and 6 Int TLWeight( 3 ), // Determines the thickness of the horizontal line. String LineColor( “Orange” ), // Color of line if new zig zag is within Tolerance of previous zig zag in same direction Int LineThickness( 3), // Thickness of line if new zig zag is within Tolerance of previous zig zag in same direction String ColorOfText( “Lightgray” ), // Color of label showing price change of zig zag lines Int ZZStyle( 2 ), // 0 = solid, 1 = dashed, 2 = dotted, 3 = dashed2, 4 = dashed3 Int ZZWeight( 3 ), // Determines the thickness of the zig zag line. String ZigZagColDn( “Magenta” ), // Color of up zig zag line String ZigZagColUp( “Cyan” ), // Color of up zig zag line 1 ), // Percentage above running pivot that pivot must be formed to start a new zig zagĭouble Tolerance( 10 ), // Percentage tolerance calculating a range above and below last change Using the form to change program inputs and ‘restart’ the programĭouble RetracePerc(.Using the trendline, horizontal line and text drawing objects.Storing information using AppStorage so that it remains after a program is restarted.

Program 67 is commented throughout and demonstrates various useful programming techniques and constructs, including: It was written for TradeStation 9.5 and higher, works with volume, second, tick, kagi, Kase, line break, momentum, point and figure, range, renko charts.Īfter purchase you will be redirected to a download page, so don’t close the browser. The program uses EasyLanguage drawing objects to draw all the lines and text objects.

See the video demonstration below for a demonstration of the program. Notice how the transparency of the horizontal lines vary. Clicking a radio button stores the values selected in AppStorage and issues a recalculate exception.The selection of which Fib level to use to determined using a form with radio buttons.Horizontal lines are stored in a vector and their alpha value is decreased as more zig zag lines are added, so the newer lines are ‘brighter’.Calculates either 38.2%, 61.8%, or 100% retracements based on either up zig zags or down zig zags (user selectable using the form).Displays a visual signal that two consecutive up or down zig zag moves are equal or nearly equal to each other.Program 67 is a TradeStation EasyLanguage ShowMe study that:

Fibonacci retracements based on historic zigzag moves

Best zig zag indicator for tradestation 9.5 tick charts