Duyck

Zero Lag - ZigZag - JD

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 lines
It can also be used for "wave counting" in a way that reduces interpretation.

If you find other uses, please leave your ideas in the comments!

Shoutout to Everget for the awesome Jurik code!!

JD .

#NotTradingAdvice #DYOR
ملاحظات الأخبار: Code cleanup.
ملاحظات الأخبار: update to v4.
ملاحظات الأخبار: - Added alerts, due to popular request!
IMPORTANT NOTE:
if alerts ettings are adjusted ALL ALERTS MUST BE RESET manually, the running alerts don't update automatically!!!

- settings tab and code cleanup.
نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الكود في منشور تحكمه قواعد الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.

You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!

التعليقات

hello mate, do u offer service on translating MT4 EA into pine script strategy?
+2 رد
Duyck ahmad_naquib
@ahmad_naquib, hi, i could look into it. PM me for more details please.
رد
thank you so much, your indicator is very accurate
+1 رد
Just used this script for a few days now and I would say it's great! Almost no lag and not the typical zigzag indicator that is lagging. The option to choose the preferred timeframe for me is good. Could be better if there would be an auto-fib retracement plotted along with labels for highs and lows but all in all great work!
+1 رد
Duyck JBhebZ
@JBhebZ, Thx for the support!

Gr, JD.
+1 رد
This is a wizardry script! I have not seen a zigzag script that's this effective, your script just made me to fall in love with zigzag again. Please, keep updating this script, it's very much effective. Thanks for sharing.
+1 رد
Duyck ilesanmipepsi
@ilesanmipepsi, Thx for the nice words!

Gr, JD.
+1 رد
is this helpful for scalping?
+1 رد
Duyck xadehshah
@xadehshah, can be yes, works on all timeframes.

of course never rely on only one indicator!!

always try to base your trade on the conversion of different factors!

Gr, JD.
+1 رد
thank you so much, your indicator is very accurate
+1 رد