Announcement
Collapse
Looking for a User App or Add-On built by the NinjaTrader community?
Visit NinjaTrader EcoSystem and our free User App Share!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less
Partner 728x90
Collapse
NinjaTrader
ZigZag deviation type
Collapse
X
-
binwang2,
The DeviationTypes are used when determining if you are over the high/low deviations. That information is then used to determine whether or not to set a new high/low or not.
bool isOverHighDeviation = (deviationType == DeviationType.Percent && IsPriceGreater(highSeries[1], (lastSwingPrice * (1.0 + deviationValue * 0.01))))
|| (deviationType == DeviationType.Points && IsPriceGreater(highSeries[1], lastSwingPrice + deviationValue));
-
ZigZag deviation type
Hello, NT experts,
The ZigZag deviation type has 2 options: points and percentage. I would like to know the exact definitions of points and percentage.
Now I assume the following: if the prior ZigZag is a swing high, then the percentage is the (ZigZag_Immediate_prior_HighBar_price - current_price)/ZigZag_Immediate_prior_HighBar_price. If this percentage is greater than the input value, then ZigZag is ready to find the next ZigZag low.
Let me know if that makes sense.Tags: None
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by arvidvanstaey, Today, 02:19 PM
|
4 responses
11 views
0 likes
|
Last Post Today, 04:08 PM | ||
Started by samish18, 04-17-2024, 08:57 AM
|
16 responses
61 views
0 likes
|
Last Post
by samish18
Today, 03:30 PM
|
||
Started by jordanq2, Today, 03:10 PM
|
2 responses
9 views
0 likes
|
Last Post
by jordanq2
Today, 03:23 PM
|
||
Started by traderqz, Today, 12:06 AM
|
10 responses
18 views
0 likes
|
Last Post
by traderqz
Today, 02:49 PM
|
||
Started by algospoke, 04-17-2024, 06:40 PM
|
5 responses
48 views
0 likes
|
Last Post Today, 02:36 PM |
Leave a comment: