// Downloaded From https://www.WiseStockTrader.com SetChartBkColor( ColorRGB( 0, 0, 0 ) ); SetChartOptions( 0, chartShowArrows | chartShowDates ); Plot( C, "C", colorWhite, styleCandle, Null, Null, 0, 0, 1 ); pr = Param( "ZigZag change amount", 5, 0.05, 20, 0.05 ); bi = BarIndex(); fvb = FirstVisibleValue( bi ); lvb = LastVisibleValue( bi ); x = C; pk = PeakBars( x, pr ) == 0; tr = TroughBars( x, pr ) == 0; for( i = 0; i < 2; i++ ) { VarSet( "px" + i, ValueWhen( pk, bi, i ) ); VarSet( "tx" + i, ValueWhen( tr, bi, i ) ); VarSet( "ph" + i, ValueWhen( pk, x, i ) ); VarSet( "tl" + i, ValueWhen( tr, x, i ) ); } zzHiLo = Zig( x, pr ); PeakVal = Peak( x, pr ); TroughVal = Trough( x, pr ); validUp = Troughval + ( TroughVal / 100 ) * pr; validDn = Peakval - ( PeakVal / 100 ) * pr; Buy = ( ( Cross( C, validUp ) || C > validUp ) && tx1 > px1 ) || ( ( Cross( C, validUp ) || C > validUp ) && tx1 < px1 && pk ); BuyPrice = C; Short = ( ( Cross( validDn, C ) || C < validDn ) && px1 > tx1 ) || ( ( Cross( validDn, C ) || C < validDn ) && px1 < tx1 && tr ); ShortPrice = C; Buy = ExRem( Buy, Short ); Short = ExRem( Short, Buy ); Sell = Short; SellPrice = ShortPrice; Cover = Buy; CoverPrice = BuyPrice; PlotShapes( IIf( Buy, shapeUpArrow, shapeNone ), ColorRGB( 0, 250, 250 ), 0, L, -15 ); PlotShapes( IIf( Buy, shapeSmallSquare, shapeNone ), colorLightBlue, 0, BuyPrice, 0 ); PlotShapes( IIf( Short, shapeDownArrow, shapeNone ), ColorRGB( 250, 250, 0 ) , 0, H, -15 ); PlotShapes( IIf( Short, shapeSmallSquare, shapeNone ), colorOrange, 0, SellPrice, 0 ); Plot( zzHiLo, "", colorBlue , styleNoLabel ); Plot( validUp, "", colorBrightGreen, styleDashed | styleNoRescale, Null, Null, 0, 0, 1 ); Plot( validDn, "", colorRed, styleDashed | styleNoRescale, Null, Null, 0, 0, 1 ); ft = "Tahoma"; sz = 10; clr1 = ColorRGB( 0, 0, 0 ); clr2 = ColorRGB( 250, 250, 250 ); for( i = fvb; i < lvb; i++ ) { if( pk[i] ) { str = "Top"; PlotTextSetFont( str, ft, sz, i, H[i], clr1, clr2, 20 - sz ); } if( tr[i] ) { str = "Bot"; PlotTextSetFont( str, ft, sz, i, L[i], clr1, clr2, -20 ); } }