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【ZigZag Pnts】
[code]inputs:
Price( Close ),
RetracePnts( 5 ),
LineColor( Yellow ),
LineWidth( 1 ) ;
variables:
var0( 0 ),
var1( Price ),
var2( Date ),
var3( Time ),
var4( 0 ),
var5( false ),
var6( false ),
var7( false ),
var8( 0 ) ;
var0 = SwingHigh( 1, Price, 1, 2 ) ;
if var0 <> -1 then
begin
condition1 = var4 <= 0 and var0 >= var1 + RetracePnts ;
if condition1 then
begin
var5 = true ;
var6 = true ;
var4 = 1 ;
end
else
begin
condition1 = var4 = 1 and var0 >= var1 ;
if condition1 then
begin
var5 = true ;
var7 = true ;
end;
end ;
end
else
begin
var0 = SwingLow( 1, Price, 1, 2 ) ;
if var0 <> -1 then
begin
condition1 = var4 >= 0 and var0 <= var1 - RetracePnts ;
if condition1 then
begin
var5 = true ;
var6 = true ;
var4 = -1 ;
end
else
begin
condition1 = var4 = -1 and var0 <= var1 ;
if condition1 then
begin
var5 = true;
var7 = true ;
end ;
end;
end ;
end ;
if var5 then
begin
var1 = var0 ;
var2 = Date[1] ;
var3 = Time[1] ;
var5 = false ;
end ;
if var6 then
begin
var8 = TL_New( var2, var3, var1, var2[1], var3[1],
var1[1] ) ;
TL_SetExtLeft( var8, false ) ;
TL_SetExtRight( var8, false ) ;
TL_SetSize( var8, LineWidth ) ;
TL_SetColor( var8, LineColor ) ;
var6 = false ;
end
else if var7 then
begin
TL_SetEnd( var8, var2, var3, var1 ) ;
var7 = false ;
end ;
[/code]
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