OPEN-SOURCE SCRIPT
更新済 Zig Zag Pips
How does this zigzag indicator work? First of all, I would like to clarify that the original code is belong to TradingView. I only edit and add my personal touch to suit my style of trading.
1. This indicator is best use for Forex due to the calculation of pips.
2. Unfortunately, this indicator is not suitable to use in any Japanese pair due to the nature of the currency. " Japanese yen only has 2 decimals"
3. I change the input of "deviation" into "pips" so it will be much easier for me to calculate the distance between high and low.
4. U can change the source of price, let say, u prefer the indicator to draw at close price for both high and low, u can simply change the setting.
The purpose of this indicator is to draw high and low of the price. Thank you.
1. This indicator is best use for Forex due to the calculation of pips.
2. Unfortunately, this indicator is not suitable to use in any Japanese pair due to the nature of the currency. " Japanese yen only has 2 decimals"
3. I change the input of "deviation" into "pips" so it will be much easier for me to calculate the distance between high and low.
4. U can change the source of price, let say, u prefer the indicator to draw at close price for both high and low, u can simply change the setting.
The purpose of this indicator is to draw high and low of the price. Thank you.
リリースノート
An alternate ZigZag indicator of a preset indicator. I just change the calculation of from percentage to pips valueMar 25
Release Notes: Update version of zigzag in pips instead of the percentage. The original code belongs to TradingView and I only add a few lines of code to suit my style of trading. The setting of a decimal is for the calculation of pips in the instrument u are trading. Let's say if u are trading USDJPY, change the decimal to 1, and if u are trading EURUSD, change the setting to 100.
The logic behind this setting is, EURUSD has 5 decimal places (example = 1.43542).
1. 0.43 is sen
2. 0.0054 is the pip
3. 0.00002 is the tick.
Therefore we use 100
In the case of the Japanese pair (example = 111.161).
1. 0.161 is the pips so we set it to 1
I hope my explanation is understandable. Cheers
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。