A ZigZag Like based on candle close.
A lot of options that can be hide in options.
Triangle/bright - reversal confirmation candle
Circle/dark - higher/lower candle breakout
Square/light - Insidebar
Trend Analysis, shows clear direction of the market
Includes automatic Zig-Zag tracement to show reversals coming up & also has a refined version of different variants of MA's to show really strong support/resistance channels.
Combined with CoinExpert Oscillator and CoinExpert Overlay it is possibly the best trading tool up to now.
This is not an...
Useful in finding the percent change in the ATR. Google it and see how you can implement it. I use it in a zig zag indicator made by Ricardo Santos.
Happy Trading!
This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points. Use this in conjunction with the R100 Wave indicator to determine the best fit Jurik length and power settings.
A great indicator to help...
This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use.
It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows. If you are using with the R100 Wave Volume indicator, first...
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
This is a alternative version of the well known "ZigZag indicator" but it uses turning points of the Jurik ma
instead of the traditional "pivot points" that are by definition lagging by a large lookback period, the (almost-) Zero Lag ZigZag lags by about 2 bars on average (depending on the candles forming)
The ZigZag pattern can be used to draw trendlines and S/R...
Introduction
Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns).
However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
For those who never heard about these two huge strategies:
* * * Darvas Box Strategy - www.netpicks.com
* * * Turtle Way Strategy - www.investopedia.com
In very short terms, both strategies are based on breakouts, probably the easiest way to trade (with proper education, obviously)
I created this indicator based on highs and lows, which will create support...
This is zigzag % , no repaint and no lag as it based on % changes
the main issue is the addition of take profit and stop loss together with trailing (thanks to Yatrader to his code)
set the zigzag% according to best fit of your graph for best results
![BTCUSDT: ZigZag Plus [xdecow]](https://s3.tradingview.com/c/Cdz6oslH_mid.png "ZigZag Plus [xdecow]")
