Attachments: ZigZag Indicator and Fibonacci Question!

ZigZag Indicator and Fibonacci Question!

#1
First Post: Dec 27, 2010 6:56pm Dec 27, 2010 6:56pm

mindreality
| Joined Mar 2010 | Status: Trader | 249 Posts

Hi,

I am using the Zig Zag Indicator and the Fibonacci with my EA.

I draw the fibonacci line on two zig zag points.

When the price breaks the high or low of the fibonacci, how do I code my EA to determine whether the Zig Zag remains on the two points or not?

#2
Dec 27, 2010 7:30pm Dec 27, 2010 7:30pm

akukaya
| Commercial User | Joined Jul 2008 | 567 Posts

Quoting mindreality

Disliked

Hi,

I am using the Zig Zag Indicator and the Fibonacci with my EA.

I draw the fibonacci line on two zig zag points.

When the price breaks the high or low of the fibonacci, how do I code my EA to determine whether the Zig Zag remains on the two points or not?

Ignored

check the last value of zigzag using the icustom function.
if the last value zigzag differ, meaning it is already change value..

#3
Dec 27, 2010 7:38pm Dec 27, 2010 7:38pm

mindreality
| Joined Mar 2010 | Status: Trader | 249 Posts

How do I check the last value of the zig zag? Do I use shift1?

Is it something like this?

double ZigZagShift0 = iCustom(NULL,0,"ZigZag",12,5,3,0,0);
double ZigZagShift1 = iCustom(NULL,0,"ZigZag",12,5,3,0,1);

if (ZigZagShift0 == ZigZagShift1)
{
ZigZagHasNotChanged == true;
}

#4
Dec 27, 2010 7:51pm Dec 27, 2010 7:51pm

mindreality
| Joined Mar 2010 | Status: Trader | 249 Posts

Btw that might not be enough, because new zig zag points might have formed after my initial fibo points.

What I want is to find out with my EA whether the zig zag point in my fibo has shifted or not.

#5
Dec 27, 2010 9:06pm Dec 27, 2010 9:06pm

mindreality
| Joined Mar 2010 | Status: Trader | 249 Posts

Nvm, let me get the first part settled first.

Is the code I wrote above correct in order to check whether the last ZigZag point has changed?

#6
Dec 28, 2010 8:04am Dec 28, 2010 8:04am

akukaya
| Commercial User | Joined Jul 2008 | 567 Posts

Quoting mindreality

Disliked

How do I check the last value of the zig zag? Do I use shift1?

Is it something like this?

double ZigZagShift0 = iCustom(NULL,0,"ZigZag",12,5,3,0,0);
double ZigZagShift1 = iCustom(NULL,0,"ZigZag",12,5,3,0,1);

if (ZigZagShift0 == ZigZagShift1)
{
ZigZagHasNotChanged == true;
}

Ignored

zz=iCustom(NULL,0, "ZigZag", 0, 0);
if(zz>0)
{lastzz=zz;}

try this simple code

#7
Jan 13, 2011 7:47am Jan 13, 2011 7:47am

WolfCounselor
| Joined Dec 2005 | Status: Trader | 6 Posts

If someone could give me a helping hand, I really would appreciate it.
I am trying to identify the last two zig zag points and which one is the most recent.
How do I determine if the last fixed point was “last high” or “last low” using the icustom function?

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