Absolute ZigZag

١٩ سبتمبر ٢٠٢٤

This ZigZag Indicator is a bit unique in it's kind.
It uses my own Absolute ZigZag Lib to calculate the pivots:

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 a very fast and accurate way of calculating pivots.

The library also features a solution for bars that have both a higher high and a higher low like seen below.


You can also use your own colors for the labels and the lines:


You can also quickly select a one-colored theme without changing all colors at once:

٢٧ نوفمبر ٢٠٢٤

ملاحظات الأخبار

This ZigZag Indicator is a bit unique in it's kind.
It uses my own Absolute ZigZag Lib to calculate the pivots:

Instead of using percentages or looking more than 1 bar left or right, this Zigzag indicator calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is a very fast and accurate way of calculating pivots.

The indicator also features a solution for bars that have both a higher high and a higher. In this situation the indicator will look into a lower time-frame to detect what event happened first. You can turn this feature off in the settings.

١٣ يناير

ملاحظات الأخبار

Added support for custom amount of pivots to be shown on the chart

١٣ يناير

ملاحظات الأخبار

Update: Pivot Limit setting now under General section in settings screen

١١ مارس

ملاحظات الأخبار

Update: Fixed error on 1 minute charts for users that have lower tiers or free subscription plans.
Users with subscription plans that support second charts can now mark a checkbox in the settings that allows the script to process seconds charts for accurate in-candle lookup.