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ZigZag - Normalized by Jose Silva

From: tan ming <reminiscenostalgia[at]>
To: equismetastock[at] <equismetastock[at]>
Date: Sunday, December 3, 2006, 10:34:06 AM
Subject: [EquisMetaStock Group] Zigzag Normalized

Can zigzag be normalized?

Eg all zigzag peaks at 1 and all zigzag tough at 0.


From: Jose Silva <josesilva22[at]>
To: equismetastock[at] <equismetastock[at]>
Date: Sunday, December 3, 2006, 2:35:05 PM
Subject: [EquisMetaStock Group] Re: Zigzag Normalized

ZigZag - Normalized

{ Custom normalized ZigZag indicator
for Claro/Dan/sKy/tan ming. }

{ User inputs }
ch:=Input("Minimum reversal amount",.001,100000,5);
method:=Input("Method: [1]$ points, [2]% percent",1,2,2);
x:=Input("[1]Open [2]High [3]Low [4]Close [5]WClose [6]Pvar",1,6,4);
plot:=Input("ZigZag: [1]Normalized, [2]Real",1,2,1);

{ Select price field }

{ Zig Zag }

{ Peak/Trough signals }
pk:=zz=pr AND zz>Ref(zz,-1);
tr:=zz=pr AND zz<Ref(zz,-1);

{ ZigZag normalized }

{ Plot normal ZigZag on chart,
normalized ZigZag in own window }

Source / From: TOP

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