how to plot a customized zigzag

how to plot a customized zigzag

dimitri
2016-07-28 04:09:42

Hi,
I am trying to plot a zigzag line which will go from the high of one bar to the low ten bars after and vise versa.
I was looking to use the PlotFixed but I do not know how to associate the price and the date with x and y axis coordinates.

How can I do that or if there is another way to plot a zig zag line please let me know.

QuantShare
2016-07-28 06:16:21

You can use the zigzag function:
a = zigzag(close, 10);
plot(a, "");

This will plot the zigzag line where a change in direction happens after a +- 10% change in price.

dimitri
2016-07-29 02:48:00

Thanks for the response.
I need to set my own highs and lows not with percentage that's why I need to build another.

QuantShare
2016-07-29 14:47:04

For this, you will need to create your own C# based function using Tools -> Create Functions

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