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From: tan ming <reminiscenostalgia[at]hotmail.com> To: equismetastock[at]yahoogroups.com <equismetastock[at]yahoogroups.com> Date: Sunday, December 3, 2006, 10:34:06 AM Subject: [EquisMetaStock Group] Zigzag Normalized Can zigzag be normalized? Eg all zigzag peaks at 1 and all zigzag tough at 0. Claro =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= From: Jose Silva <josesilva22[at]yahoo.com> To: equismetastock[at]yahoogroups.com <equismetastock[at]yahoogroups.com> Date: Sunday, December 3, 2006, 2:35:05 PM Subject: [EquisMetaStock Group] Re: Zigzag Normalized |
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ZigZag - Normalized { Custom normalized ZigZag indicator for Claro/Dan/sKy/tan ming. http://www.metastocktools.com } { User inputs } ch:=Input("Minimum reversal amount",.001,100000,5); method:=Input("Method: [1]$ points, [2]% percent",1,2,2); x:=Input("[1]Open [2]High [3]Low [4]Close [5]WClose [6]Pvar",1,6,4); plot:=Input("ZigZag: [1]Normalized, [2]Real",1,2,1); { Select price field } pr:=If(x=1,O,If(x=2,H,If(x=3,L,If(x=5,WC(),If(x=6,P,C))))); { Zig Zag } zzPts:=Zig(pr,ch,$); zzPer:=Zig(pr,ch,%); zz:=If(method=1,zzPts,zzPer); { Peak/Trough signals } pk:=zz=pr AND zz>Ref(zz,-1); tr:=zz=pr AND zz<Ref(zz,-1); { ZigZag normalized } zzNorm:=(Zig(pk-tr,1,$)+1)/2; { Plot normal ZigZag on chart, normalized ZigZag in own window } If(plot=1,zzNorm,zz) |
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