LonesomeTheBlue

LTB Zigzag Circles

Hello All,

Today I am here with a new idea and script, "LTB Zigzag Circles". The idea is to create Circles using last 2 zigzag waves and to catch the breakouts earlier than horizontal lines. if a circle is broken then the script shows entry for Long/Short positions. and if broken circle reappears again then the position is closed. You can change Zigzag period as you wish and see the different results.

Here you can see how the script calculates and draws the Circles:

Below you can see how the script draws part of the circle on each bar:

Optionally the script can show levels:


P.S. I haven't tested it as a strategy, Result and Performance may change by Zigzag period, you need to find best Zigzag period according to your strategy. By the way, my Zigzag Circles idea can be improved, if you have any recommendation let me know please ;)


Enjoy!
Notes de version: Added Alerts :)
Script open-source

Dans le plus pur esprit de TradingView, l'auteur de ce texte l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur ! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par les règles internes. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Commentaires

Like always great script and love the idea behind it. I personally backtested it found a nice 75% accuracy so far
100 coins
+23 Répondre
@josh189, Thank you :)
+2 Répondre
gmeneguzzo josh189
@josh189, what timeframe and zigzag period did you use in your backtest ?
+40 Répondre
Can you make a Strategy?
500 coins
+10 Répondre
@BorC, Thank you
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100 coins
+3 Répondre
@Macael, thanks
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Great idea. thank you
100 coins
+2 Répondre
LonesomeTheBlue ea05c5df-f05e-45ad-b8ba-dff1f8
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