Library "mZigzag" Matrix implementation of zigzag to allow further possibilities. Main advantage of this library over previous zigzag methods is that you can attach any number of indicator/oscillator information to zigzag
calculate(length, ohlc, indicatorHigh, indicatorLow, numberOfPivots) calculates zigzag and related information Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned Returns: pivotMatrix Matrix containing zigzag pivots, pivot bars, direction, ratio, and indicators added via indicatorHigh/indicatorLow newZG is true if a new pivot is added to array doubleZG is true if last calculation returned two new pivots (Happens on extreme price change)
draw(length, ohlc, indicatorLabels, indicatorHigh, indicatorLow, numberOfPivots, lineColor, lineWidth, lineStyle, showHighLow, showRatios, showIndicators) draws zigzag and related information Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorLabels: Array of name of indicators passed indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned lineColor: zigzag line color. set to blue by default lineWidth: zigzag line width. set to 1 by default lineStyle: zigzag line style. set to line.style_solid by default showHighLow: show HH, HL, LH, LL labels showRatios: show pivot retracement ratios from previous zigzag showIndicators: show indicator values Returns: pivotMatrix Matrix containing zigzag pivots, pivot bars, direction, ratio, and indicators added via indicatorHigh/indicatorLow zigzaglines array of zigzag lines zigzaglabels array of zigzag labels
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v2
Updated: draw(length, ohlc, indicatorLabels, indicatorHigh, indicatorLow, numberOfPivots, lineColor, lineWidth, lineStyle, showLabel, showIndicators) draws zigzag and related information Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorLabels: Array of name of indicators passed indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned lineColor: zigzag line color. set to blue by default lineWidth: zigzag line width. set to 1 by default lineStyle: zigzag line style. set to line.style_solid by default showLabel: Show pivot label showIndicators: Include indicators in labels. If set to false, indicators are shown as tooltips Returns: valueMatrix Matrix containing zigzag pivots for price and indicators directionMatrix Matrix containing direction of price and indicator values at pivots ratioMatrix Matrix containing ratios of price and indicator values at pivots barArray Array containing pivot bars zigzaglines array of zigzag lines zigzaglabels array of zigzag labels
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v3
Updated: calculate(length, ohlc, indicatorHigh, indicatorLow, numberOfPivots, supertrendLength) calculates zigzag and related information Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned supertrendLength: is number of pivot history to calculate supertrend Returns: valueMatrix Matrix containing zigzag pivots for price and indicators directionMatrix Matrix containing direction of price and indicator values at pivots ratioMatrix Matrix containing ratios of price and indicator values at pivots divergenceMatrix matrix containing divergence details for each indicators doubleDivergenceMatrix matrix containing double divergence details for each indicators barArray Array containing pivot bars supertrendDir is direction of zigzag based supertrend supertrend is supertrend value of zigzag based supertrend newZG is true if a new pivot is added to array doubleZG is true if last calculation returned two new pivots (Happens on extreme price change)
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v4
Added: calculate2(length, ohlc, indicatorHigh, indicatorLow, numberOfPivots, supertrendLength) calculates zigzag and related information uses shift/unshift rather than pop and push Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned supertrendLength: is number of pivot history to calculate supertrend Returns: valueMatrix Matrix containing zigzag pivots for price and indicators directionMatrix Matrix containing direction of price and indicator values at pivots ratioMatrix Matrix containing ratios of price and indicator values at pivots divergenceMatrix matrix containing divergence details for each indicators doubleDivergenceMatrix matrix containing double divergence details for each indicators barArray Array containing pivot bars supertrendDir is direction of zigzag based supertrend supertrend is supertrend value of zigzag based supertrend newZG is true if a new pivot is added to array doubleZG is true if last calculation returned two new pivots (Happens on extreme price change)
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v5
Added: calculateplain(length, ohlc, indicatorHigh, indicatorLow, numberOfPivots) calculates zigzag and related information uses shift/unshift rather than pop and push. Also does not calculate divergence and ratios. Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned Returns: valueMatrix Matrix containing zigzag pivots for price and indicators directionArray Matrix containing direction of price and indicator values at pivots barArray Array containing pivot bars newZG is true if a new pivot is added to array doubleZG is true if last calculation returned two new pivots (Happens on extreme price change)
Removed: calculate2(length, ohlc, indicatorHigh, indicatorLow, numberOfPivots, supertrendLength) calculates zigzag and related information uses shift/unshift rather than pop and push
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v6
Updated: calculateplain(length, ohlc, indicatorHigh, indicatorLow, numberOfPivots) calculates zigzag and related information uses shift/unshift rather than pop and push. Also does not calculate divergence and ratios. Parameters: length: is zigzag length ohlc: array of OHLC values to be used for zigzag calculation indicatorHigh: Array of indicator values calculated based on high price of OHLC indicatorLow: Array of indicators values calculated based on low price of OHLC numberOfPivots: Number of pivots to be returned Returns: valueMatrix Matrix containing zigzag pivots for price and indicators directionArray Matrix containing direction of price and indicator values at pivots barArray Array containing pivot bars newZG is true if a new pivot is added to array doubleZG is true if last calculation returned two new pivots (Happens on extreme price change)
@HeWhoMustNotBeNamed, can u please post the call to get the zigzag-description like in the actual plot of this libary? This would give a really nice "infosource" as stand alone indicator
Trendoscope
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@djmad, line 174 to 175. But, you need to add an import statement at the start.
import HeWhoMustNotBeNamed/mZigzag/1 as zigzag
And when calling draw, you need to add library namespace.