ZigZag Plus [xdecow]

A ZigZag Like based on candle close.

A lot of options that can be hide in options.

Triangle/ bright - reversal confirmation candle
Circle/dark - higher/lower candle breakout
Square/light - Insidebar
เอกสารเผยแพร่: Added swing volume labels
เอกสารเผยแพร่: Added reversal point alerts
Fixed some repaint issues :x
เอกสารเผยแพร่: Added support & resistence lines
Option to change the zigzag line color
เอกสารเผยแพร่: Screenshot updated
เอกสารเผยแพร่: bugfix: max_bars_back
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


What should i use in order to get alerts based on the swing volume labels?
+18 ตอบกลับ
xdecow dpanday
@dpanday, done :)
+9 ตอบกลับ
Very interesting - thank you for sharing. Can somebody explain how to make most of this indicator please.
Does the percentage compare the volume to the previous candle or the last candle on the bottom or top at the end of the zigzag line?
+6 ตอบกลับ
Hello, First of all I wanted to say thank you for a great job. Is it possible to have S/R lines in this script as well ?
+5 ตอบกลับ
xdecow hamed1286
@hamed1286, done :)
+1 ตอบกลับ
can u make one in zigzag percentage and price change
+1 ตอบกลับ
Cara, sensafuckingcional, parabens, tava procurando isso, nao sabia nem que era possivel colocar os labels dos volumes na pernada, vou testar aqui
+1 ตอบกลับ
Dont know if this will be of any help but a lot of times the latest wave count doesnt show up (doesnt matter whether candle close is selected or not). I often load a page and see a number on a completed wave for a second and then it disappears only to show up much later (with the same number count as before). Other times there is a delay in volume count several candles after the direction has changed.

Another error I just noticed is this particular week BTC/Dollar/Tether doesnt change directions above the 15 minute mark (for several days now), while BTC Futures and all the other Crypto coins work perfectly. Dont know why BTC in particular does this - on the 5 minute its functional.

Anyway thanks for making this indicator.
+1 ตอบกลับ
Thank you for your amazing work, how would we increase the length of the zig-zag ?
+1 ตอบกลับ
Cool indicator, but there is one problem. With sharp price movements of 10 percent or more, it stops working. After a couple of hours, the problem disappears. There is a screenshot.
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