SVEHLZZperc

Modified on 2019/01/31 06:26 by Eugene — Categorized as: TASCIndicators

Syntax

public SVEHLZZperc(Bars bars, double priceChange, int atrPeriod, double atrFactor, TASCIndicators.SVEHLZZperc_Type type, string description)
public static SVEHLZZperc Series(Bars bars, double priceChange, int atrPeriod, double atrFactor, TASCIndicators.SVEHLZZperc_Type type)

Parameter Description

bars	The Bars object
priceChange	Percent price change
atrPeriod	ATR Lookback period
atrFactor	ATR Factor
type	Type of indicator calculation: Percent, ATR, Combined Percent+ATR, Point

Description

This zigzag indicator is supporting to Sylvain Vervoort's Traders' Tips article series (Stocks & Commodities magazine). The zigzag indicator from June 2013 issue of Stocks & Commodities magazine is a trailing reverse indicator that is based on a percent price change between high and low prices, or uses an ATR volatility factor, or both of them combined.

As a later addition, starting from v2019.02 of TASCIndicators we've added a new type: SVEHLZZperc_Type.Point. In this mode, the priceChange parameter accepts a value of the price change expressed in points (or ticks) as opposed to percent/ATR-based change in the other modes.

Example

Please refer to: The 1-2-3 Wave Count (Vervoort).