ZigZag (Using Line Array)

3 Tem 2021

This is standard zigzag indicator. I just coded them using lines array feature of pine - so that it can be done in least number of lines of code.

Few possible improvements:

• Use label array to mark HH, HL, LH and LL
  
• Add standard deviation check
  

3 Tem 2021

Sürüm Notları

Added updates mentioned in the description.

3 Tem 2021

Sürüm Notları

Corrected HL and LH labels

4 Tem 2021

Sürüm Notları

Added ratios display.

5 Tem 2021

Sürüm Notları

• Previously, using pivotHigh and pivotLow on every bar for last 10 periods caused some inconsistencies in plotting zigzag. Hence, switched to points based calculation. However, zigzags are still created via lines array
  
• Fixed empty label issue
  

5 Tem 2021

Sürüm Notları

Solved array index out of bounds issue

11 Tem 2021

Sürüm Notları

Adding option to apply zigzag on different source such as RSI. This enables plotting zigzag and ratios on RSI - which can be used for finding divergence.

13 Tem 2021

Sürüm Notları

• Corrected minor logical error.
  
• Removed DeviationThreshold as it was leading to wrong calculation