TFlab
🔵 Introduction 🟣 Zigzag Zigzag is a lagging indicator; this indicator identifies points on a price chart that have more significant changes than its previous wave and then by connecting these lines to each other, it assists traders in trend detection. This indicator reduces random price fluctuations and attempts to make the primary price trend clearer.🟣...
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Elliott Wave
Elliott Wave theory is one of the most accepted and widely used forms of technical analysis. It describes the natural rhythm of crowd psychology in the market, which manifests itself in waves. The essence of Elliott waves is that prices alternate between impulsive phases that establish the trend and corrective phases that retrace the trend. In their most basic and straightforward form, impulses contain 5 lower degree waves and corrections contain 3 lower degree waves.
Elliott Wave is fractal and the underlying pattern remains constant. The 5 + 3 waves define a complete cycle. They can form different patterns such as ending diagonals, expanded flats, zigzag corrections and triangles. Fifteen different degrees of waves can be identified with each of the 5 smart drawing tools, allowing users to visually identify different degrees of waves on a chart. The key to trading Elliott waves successfully is counting them correctly for which there are rules and guidelines.
Volatility_ZigZag_Library
brettkind
This is a Pine Script library for the public indicator "Volatility ZigZag" by brettkind. For further description, please refer to the information available on the original indicator page.Library "Volatility_ZigZag_Library" getValues_andStyling_VolatilityZigZag_byBrettkind(hl_src, SOURCE, length, min_dev_input, stdev_fctr, ZigZag, zz_color, zz_width,...
3
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ZigZag Library [TradingFinder]
TFlab
🔵 Introduction The "Zig Zag" indicator is an analytical tool that emerges from pricing changes. Essentially, it connects consecutive high and low points in an oscillatory manner. This method helps decipher price changes and can also be useful in identifying traditional patterns. By sifting through partial price changes, "Zig Zag" can effectively pinpoint...
47
4
ZigZag Library
AlphaViz
This is yet another ZigZag library.🔵 Key Features1. Lightning-Fast Performance : Optimized code ensures minimal lag and swift chart updates.2. Real-Time Swing Detection : No more waiting for swings to finalize! This library continuously identifies the latest swing formation.3. Amplitude-Aware : Discover significant swings earlier, even if they haven't...
TFlabUpdated
🔵 Introduction "Zigzag" is an indicator that forms based on price changes. Essentially, the function of this indicator is to connect consecutive and alternating High and Low pivots. This pattern assists in analyzing price changes and can also be used to identify classic patterns. "Zigzag" is an analytical tool that, by filtering partial price movements based on...
415
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Zigzag Fibonacci Golden Zone [UAlgo]
UAlgoUpdated
🔶 Description: The "Zigzag Fibonacci Golden Zone" aims to identify potential trend pullback points by utilizing a combination of zigzag patterns and Fibonacci "Golden Zone (0.618 - 0.786)" retracement levels. It plots zigzag lines on the price chart, highlighting significant swing highs and swing lows, and overlays Fibonacci retracement levels to indicate...
469
16
Trended CVD [Mxwll]
MXWLL-Capital-Trading
Hey!This indicator "Trended CVD" categorizes price movement by trend (using zig zag) and calculates cumulative volume delta for the entirety of the price move. Features CVD calculated for the trend CVD divergences are distinguished (uptrend and falling CVD / downtrend and rising CVD) CVD output normalized to scale with chart, and is plotted alongside...
281
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ZigzagLite
TrendoscopeWizardUpdated
Library "ZigzagLite" Lighter version of the Zigzag Library. Without indicators and sub-component divisions method getPrices(pivots) Gets the array of prices from array of Pivots Namespace types: Pivot Parameters: pivots (Pivot ) : array array of Pivot objects Returns: array array of pivot prices method getBars(pivots) Gets the array of...
84
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Zigzag
TrendoscopeWizardUpdated
Library "Zigzag" Zigzag related user defined types. Depends on DrawingTypes library for basic types method tostring(this, sortKeys, sortOrder, includeKeys) Converts ZigzagTypes/Pivot object to string representation Namespace types: Pivot Parameters: this (Pivot) : ZigzagTypes/Pivot sortKeys (bool) : If set to true, string output is sorted by...
92
5
Volatility ZigZag
brettkindUpdated
It calculates and plots zigzag lines based on volatility and price movements. It has various inputs for customization, allowing you to adjust parameters like source data, length, deviation, line styling, and labeling options.The indicator identifies pivot points in the price movement, drawing lines between these pivots based on the deviation from certain price...
347
22
Zig-Zag Open Interest Footprint [Kioseff Trading]
KioseffTradingWizard
Hello!This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends! Features Open interest footprints anchored to zig zag trends Summed OI x price level footprints Total OI (for each category) for the entire trend shown Standard POC lines, in addition to separated POC lines for each category of open interest x...
371
10
ZigZag++ Fibonacci
DevLucem
Auto Fibonacci tools are powerful ways designed to simplify your technical analysis by automatically drawing Fibonacci retracement and extension levels on your chart. This indicator is built to enhance your trading experience with clearer market moves and informative insights.You can easily spot your waves and patterns when the percentages are moving with you....
787
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Zigzag Chart Points
RozaniGhani-RGUpdated
█ OVERVIEWThis indicator displays zigzag based on high and low using latest pine script version 5 , chart.point which using time, index and price as parameters.Pretty much a strip down using latest pine script function, without any use of library .This allow pine script user to have an idea of simplified and cleaner code for zigzag.█ CREDITS...
448
3
ZigLib
DevLucem
Library "ZigLib" Calculate the points for ZigZag++. You can use custom data and resolution for your ZigZag++.Sample Usage import DevLucem/ZigLib/1 as ZigZag = ZigZag.zigzag(low, high)bgcolor(direction<0? color.rgb(255, 82, 82, 80): color.rgb(0, 230, 119, 80))line zz = line.new(z1.time, z1.price, z2.time, z2.price, xloc.bar_time, width=3)if...
40
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The Next Pivot [Kioseff Trading]
KioseffTradingWizard
Hello!This script "The Next Pivot" uses various similarity measures to compare historical price sequences to the current price sequence! Features Find the most similar price sequence up to 100 bars from the current bar Forecast price path up to 250 bars Forecast ZigZag up to 250 bars Spearmen Pearson Absolute Difference Cosine Similarity Mean...
1992
55
Zigzag Trend-based Color [SteinG]
SteinGUpdated
Zigzag Indicator with Trend-based Color Coding and Info Table This indicator is forked from Trendoscope's Recursive Zigzag The Zigzag Indicator with Trend-based Color Coding and Info Table is a powerful tool for technical analysis, designed to help you identify significant price swings, visualize trends, and analyze pivot points with ease. This advanced...
304
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Pivot
niquedegraaffUpdated
Library "Pivot" This library helps you store and manage pivots. bias(isHigh, isHigher, prevWasHigher) Helper function to calculate bias. Parameters: isHigh (bool) : (bool)Wether the pivot is a pivot high or not. isHigher (bool) : (bool)Wether the pivot is a higher pivot or not.@return (bool) The bias (true = bullish, false = bearish,...
15
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Absolute ZigZag Lib
niquedegraaffUpdated
Library "Absolute_ZigZag_Lib" This ZigZag Library is a Bit different. Instead of using percentages or looking more than 1 bar left or right, this Zigzag library calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is the most accurate way of calculating pivots and it also eliminates lag. The library also...
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