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Zig Zag UTC - Exactly how does it work?

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    Zig Zag UTC - Exactly how does it work?

    Need clarification with the ZigZag UTC Indicator.

    When the dot exactly gets painted to indicate the Swing High as an example?

    Let's say the parameter Span = 2 .

    In this example (Span = 2), does the count begin with the current bar or the bar prior to the current bar?

    Does it also mean that there are 2 bars on either side of the High Bar for a Swing High (in our example of Span =2)?

    Which bar does it look to take out the low of the High bar – is it starting from bar second (minimum) after the swing high bar or third bar (minimum) after the Swing High?

    Thanks.

    #2
    katwil, I would highly suggest to contact the original developer of the study to clarify. Will leave this open here though for other community members to potentially share their thoughts.
    BertrandNinjaTrader Customer Service

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