ZigZag no repaint?

Hi there,

I am looking for a basic zigzag indicator, which does not repaint in real time.

Anybody has a clue if this is possible?


Also it would be cool for backtesting, if it is "trustworhty" = no repainting.

Any input is highly appreciated,

PC

This is the one

HI there,

thank's, but the input settings are looking different fromo the normal one. I mean, the normal one is exptDepth, extDeviation, and ExtBackStep ( i use 3,3,3). But how do i use these settings in the new one, here we got other inputs rice, lenght and prctfilter?

Thank's a lot for any input

PC

Having quickly looked it on chart would say settings 2,3,2 match closest to your settings of 3,3,3.

Can only tell you for sure that the 'ExtDeviation' is same as 'length' settings in non lag one.

You'll have to experiment little further. But it doesn't repaint. That is a sure thing.

These are the comments in the code:

Price = 0; //Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close)
Length = 14; //Period of NonLagMA
PctFilter = 2; //Dynamic filter in decimals

Are you sure? This is where you took the indicator.



http://www.forex-tsd.com/indicators-...tml#post149132

Meaning?

I believe they come in orange and white packets depending on the size of the zig zag, but it's been awhile so I could be wrong. Of course you can never go wrong with a *rhymes with gong and uses water*

great post sulz

is this any good though?

the whole point of zig zag is that it repaints.

otherwise if it doesn't, it won't work.

Lol.

Understand what zigzag is about before you try to backtest/trade it first. A non repainting zigzag as stated is ... well not a zigzag and does not work.

These don't repaint, except the last leg of course. But they are really not zigzags in strict sense. However, I found them useful and accurate (to some extent) in determining swing highs/lows (EA).

Hi Tritom, both indicators repaint badly.