Multi ZigZag

I created this as basis for my next scripts. We are just trying to plot multiple zigzags with different length basis here. Input allows you to select different Length, Width, Color and Line Style for each Zigzags.

Max_pivot_size says how many pivots each Zigzag can have. Value 100 means, each zigzag will show 99 lines joining 100 points.

Additional option ShowStatsTable allows you to print pivots in a table. Table only shows selected zigzags.

Release Notes

Add max_bars_back

Release Notes

Updated color coding of table cells to reflect higher high/higher low

Release Notes

Fix small error in zigzag calculation

Release Notes

Fix logical bug in calculating the bar upon no change direction

Release Notes

Major update

Fix all zigzag calculation issues
Simplified settings
Added option for external/alternate source

Release Notes

Convert to pine 5

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

Trendoscope

Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.