Library "ZigzagTypes"
Zigzag related user defined types. Depends on DrawingTypes library for basic types
Indicator
Indicator is collection of indicator values applied on high, low and close
Fields:
indicatorHigh: Indicator Value applied on High
indicatorLow: Indicator Value applied on Low
PivotCandle
PivotCandle represents data of the candle which forms either pivot High or pivot low or both
Fields:
_high: High price of candle forming the pivot
_low: Low price of candle forming the pivot
length: Pivot length
pHighBar: represents number of bar back the pivot High occurred.
pLowBar: represents number of bar back the pivot Low occurred.
pHigh: Pivot High Price
pLow: Pivot Low Price
indicators: Array of Indicators - allows to add multiple
Pivot
Pivot refers to zigzag pivot. Each pivot can contain various data
Fields:
point: pivot point coordinates
dir: direction of the pivot. Valid values are 1, -1, 2, -2
level: is used for multi level zigzags. For single level, it will always be 0
ratio: Price Ratio based on previous two pivots
indicatorNames: Names of the indicators applied on zigzag
indicatorValues: Values of the indicators applied on zigzag
indicatorRatios: Ratios of the indicators applied on zigzag based on previous 2 pivots
ZigzagFlags
Flags required for drawing zigzag. Only used internally in zigzag calculation. Should not set the values explicitly
Fields:
newPivot: true if the calculation resulted in new pivot
doublePivot: true if the calculation resulted in two pivots on same bar
updateLastPivot: true if new pivot calculated replaces the old one.
Zigzag
Zigzag object which contains whole zigzag calculation parameters and pivots
Fields:
length: Zigzag length. Default value is 5
numberOfPivots: max number of pivots to hold in the calculation. Default value is 20
offset: Bar offset to be considered for calculation of zigzag. Default is 0 - which means calculation is done based on the latest bar.
level: Zigzag calculation level - used in multi level recursive zigzags
zigzagPivots: array<Pivot> which holds the last n pivots calculated.
flags: ZigzagFlags object which is required for continuous drawing of zigzag lines.
ZigzagObject
Zigzag Drawing Object
Fields:
zigzagLine: Line joining two pivots
zigzagLabel: Label which can be used for drawing the values, ratios, directions etc.
ZigzagProperties
Object which holds properties of zigzag drawing. To be used along with ZigzagDrawing
Fields:
lineColor: Zigzag line color. Default is color.blue
lineWidth: Zigzag line width. Default is 1
lineStyle: Zigzag line style. Default is line.style_solid.
showLabel: If set, the drawing will show labels on each pivot. Default is false
textColor: Text color of the labels. Only applicable if showLabel is set to true.
maxObjects: Max number of zigzag lines to display. Default is 300
xloc: Time/Bar reference to be used for zigzag drawing. Default is Time - xloc.bar_time.
ZigzagDrawing
Object which holds complete zigzag drawing objects and properties.
Fields:
properties: ZigzagProperties object which is used for setting the display styles of zigzag
drawings: array<ZigzagObject> which contains lines and labels of zigzag drawing.
zigzag: Zigzag object which holds the calculations.