Indicators: ZMA

 

ZMA:

The ZMA indicator

ZMA

Author: Scriptor

 
Interesting, let's test online in real life. Thank you.
 
Unfortunately only good on story, online showed not what I wanted.
 
MrShuM:
Unfortunately it's good only on history, online it didn't show what I wanted.

Tell me, did you find a mistake, or did you just expect something else, except that it is counted from the last vertex of the zigzag as it is written in its description?

Yes, it's a logical error. I'll fix it.

 

This is what it shows in the tester. Not at all the same as on the history.


Later I will add from a real account, online trading.

 
MrShuM:

This is what it shows in the tester. It's not at all like the story.


I'll add later from a real account, online trading.

I've redone it. It calculates MA from the last ZZ break. But it still redraws.

 

Zigzag is a redraw indicator ...

if the indicator base is a zigzag, the component will recolour ...

we have some "modification" of the zigzag that says it "doesn't" replicate, but it will disrupt the signal and do a rough reverse ...