ZIG
|
Basic price pattern detection |
| SYNTAX | zig(ARRAY, change ) |
| RETURNS | ARRAY |
| FUNCTION | Calculates the minimum % change Zig Zag indicator. Caveat: this function is based on Zig-Zag indicator and may look into the future - this means that you can get unrealistic results when back testing trading system using this indicator. This function is provided rather for pattern and trend recognition formulas. |
| EXAMPLE | zig(close,5) |
| SEE ALSO |
The ZIG function is used in the following formulas in AFL on-line library:
See updated/extended version on-line.