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SVEHLZigZagTicks

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Syntax

public SVEHLZigZagTicks(Bars bars, int Ticks, string description)
public static SVEHLZigZagTicks Series(Bars bars, int Ticks)

Parameter Description

barsThe Bars object
TicksNumber of ticks for to reverse a trend

Description

SVEHLZigZagTicks by Sylvain Vervoort is a trailing reverse indicator for Tick-based charts which marks the reverse of a trend following a move of a certain number of ticks off the last price extreme.

Crossovers and crossunders of the indicator line can be used to trigger trend trades.

Example

Please refer to the "V-Trade Part 7" article in September 2018 issue of Stocks & Commodities by Sylvain Vervoort. Also, see SVEHLZZperc.

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