ZigZag Plus [xdecow]

A ZigZag Like based on candle close.

A lot of options that can be hide in options.

Triangle/ bright - reversal confirmation candle
Circle/dark - higher/lower candle breakout
Square/light - Insidebar
Release Notes: Added swing volume labels
Release Notes: Added reversal point alerts
Fixed some repaint issues :x
Release Notes: Added support & resistence lines
Option to change the zigzag line color
Release Notes: Screenshot updated
Release Notes: bugfix: max_bars_back
Remove from Favorite Scripts Add to Favorite Scripts


What should i use in order to get alerts based on the swing volume labels?
+14 Reply
xdecow dpanday
@dpanday, done :)
+8 Reply
Hello, First of all I wanted to say thank you for a great job. Is it possible to have S/R lines in this script as well ?
+4 Reply
xdecow hamed1286
@hamed1286, done :)
+1 Reply
Very interesting - thank you for sharing. Can somebody explain how to make most of this indicator please.
Does the percentage compare the volume to the previous candle or the last candle on the bottom or top at the end of the zigzag line?
+3 Reply
Dont know if this will be of any help but a lot of times the latest wave count doesnt show up (doesnt matter whether candle close is selected or not). I often load a page and see a number on a completed wave for a second and then it disappears only to show up much later (with the same number count as before). Other times there is a delay in volume count several candles after the direction has changed.

Another error I just noticed is this particular week BTC/Dollar/Tether doesnt change directions above the 15 minute mark (for several days now), while BTC Futures and all the other Crypto coins work perfectly. Dont know why BTC in particular does this - on the 5 minute its functional.

Anyway thanks for making this indicator.
+1 Reply
What should i use in order to get alerts based on the swing volume labels?
Its a really wonderful indicator, no repaint issues. I've studied the indicator for quite a while & now i am earning good. Thank you @xdecow for creating this amazing indicator. Lots of love :)
thanks Xdecow for the wonderful indicator,, is it possible to interpret volume in terms of K??,
Thanks once again
It stop working, this is the error: ZigZag Plus : Pine cannot determine the referencing length of a series. Try using max_bars_back in the study or strategy function
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out