PROTECTED SOURCE SCRIPT
Aggiornato Recursive Zigzag

DO NOT USE THIS FOR TRADING. I am just showing off my new found recipe for pattern recognition ;)
This script generates recursive zigzags till there are only 2 pivots. So, the logic goes like this.
Level1 - Standard zigzag calculated from user input of length and max pivots using OHLC values
Level2 - Multi level zigzag calculated on the basis of level1 pivots.
Level3 - Multi level zigzag calculated on the basis of level2 pivots
..
..
..
Level(n) - Multi level zigzag calculated on the basis of level(n-1) pivots and number of derived pivots is 3 or less.
Ability to generate multi level zigzags were explored earlier in many scripts. But, they were just single level up from base and not fully recursive as this. This can be powerful piece of code for pattern recognition algorithms - will be exploring how useful these are going forward.
This script generates recursive zigzags till there are only 2 pivots. So, the logic goes like this.
Level1 - Standard zigzag calculated from user input of length and max pivots using OHLC values
Level2 - Multi level zigzag calculated on the basis of level1 pivots.
Level3 - Multi level zigzag calculated on the basis of level2 pivots
..
..
..
Level(n) - Multi level zigzag calculated on the basis of level(n-1) pivots and number of derived pivots is 3 or less.
Ability to generate multi level zigzags were explored earlier in many scripts. But, they were just single level up from base and not fully recursive as this. This can be powerful piece of code for pattern recognition algorithms - will be exploring how useful these are going forward.
Note di rilascio
Made few corrections. Plus added option for better visualisation.Note di rilascio
Update librariesNote di rilascio
Updated zigzag library versionNote di rilascio
Update to latest rZigzag libraryNote di rilascio
Updated library version.Added option to use only confirmed bars.
Note di rilascio
Hopefully last update for today :)Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Subscribe - trendoscope.io/pricing
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Subscribe - trendoscope.io/pricing
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.