PINE LIBRARY
Zigzag
Updated
Library "Zigzag"
Zigzag related user defined types. Depends on DrawingTypes library for basic types
method tostring(this, sortKeys, sortOrder, includeKeys)
Converts ZigzagTypes/Pivot object to string representation
Namespace types: Pivot
Parameters:
this (Pivot): ZigzagTypes/Pivot
sortKeys (bool): If set to true, string output is sorted by keys.
sortOrder (int): Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys
includeKeys (string[]): Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered
Returns: string representation of ZigzagTypes/Pivot
method tostring(this, sortKeys, sortOrder, includeKeys)
Converts Array of Pivot objects to string representation
Namespace types: Pivot[]
Parameters:
this (Pivot[]): Pivot object array
sortKeys (bool): If set to true, string output is sorted by keys.
sortOrder (int): Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys
includeKeys (string[]): Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered
Returns: string representation of Pivot object array
method tostring(this)
Converts ZigzagFlags object to string representation
Namespace types: ZigzagFlags
Parameters:
this (ZigzagFlags): ZigzagFlags object
Returns: string representation of ZigzagFlags
method tostring(this, sortKeys, sortOrder, includeKeys)
Converts ZigzagTypes/Zigzag object to string representation
Namespace types: Zigzag
Parameters:
this (Zigzag): ZigzagTypes/Zigzagobject
sortKeys (bool): If set to true, string output is sorted by keys.
sortOrder (int): Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys
includeKeys (string[]): Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered
Returns: string representation of ZigzagTypes/Zigzag
method calculate(this, ohlc, indicators, indicatorNames)
Calculate zigzag based on input values and indicator values
Namespace types: Zigzag
Parameters:
this (Zigzag): Zigzag object
ohlc (float[]): Array containing OHLC values. Can also have custom values for which zigzag to be calculated
indicators (matrix<float>): Array of indicator values
indicatorNames (string[]): Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames
Returns: current Zigzag object
method calculate(this)
Calculate zigzag based on properties embedded within Zigzag object
Namespace types: Zigzag
Parameters:
this (Zigzag): Zigzag object
Returns: current Zigzag object
method nextlevel(this)
Calculate Next Level Zigzag based on the current calculated zigzag object
Namespace types: Zigzag
Parameters:
this (Zigzag): Zigzag object
Returns: Next Level Zigzag object
method clear(this)
Clears zigzag drawings array
Namespace types: ZigzagDrawing[]
Parameters:
this (ZigzagDrawing[]): array<ZigzagDrawing>
Returns: void
method drawplain(this)
draws fresh zigzag based on properties embedded in ZigzagDrawing object without trying to calculate
Namespace types: ZigzagDrawing
Parameters:
this (ZigzagDrawing): ZigzagDrawing object
Returns: ZigzagDrawing object
method drawfresh(this, ohlc, indicators, indicatorNames)
draws fresh zigzag based on properties embedded in ZigzagDrawing object
Namespace types: ZigzagDrawing
Parameters:
this (ZigzagDrawing): ZigzagDrawing object
ohlc (float[]): values on which the zigzag needs to be calculated and drawn. If not set will use regular OHLC
indicators (matrix<float>): Array of indicator values
indicatorNames (string[]): Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames
Returns: ZigzagDrawing object
method drawcontinuous(this, ohlc, indicators, indicatorNames)
draws zigzag based on the zigzagmatrix input
Namespace types: ZigzagDrawing
Parameters:
this (ZigzagDrawing): ZigzagDrawing object
ohlc (float[]): values on which the zigzag needs to be calculated and drawn. If not set will use regular OHLC
indicators (matrix<float>): Array of indicator values
indicatorNames (string[]): Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames
Returns: [array<line> zigzaglines, array<label> zigzaglabels]
method getPrices(pivots)
Namespace types: Pivot[]
Parameters:
pivots (Pivot[])
method getBars(pivots)
Namespace types: Pivot[]
Parameters:
pivots (Pivot[])
Indicator
Indicator is collection of indicator values applied on high, low and close
Fields:
indicatorHigh (series float): Indicator Value applied on High
indicatorLow (series float): Indicator Value applied on Low
PivotCandle
PivotCandle represents data of the candle which forms either pivot High or pivot low or both
Fields:
_high (series float): High price of candle forming the pivot
_low (series float): Low price of candle forming the pivot
length (series int): Pivot length
pHighBar (series int): represents number of bar back the pivot High occurred.
pLowBar (series int): represents number of bar back the pivot Low occurred.
pHigh (series float): Pivot High Price
pLow (series float): Pivot Low Price
indicators (Indicator[]): Array of Indicators - allows to add multiple
Pivot
Pivot refers to zigzag pivot. Each pivot can contain various data
Fields:
point (chart.point): pivot point coordinates
dir (series int): direction of the pivot. Valid values are 1, -1, 2, -2
level (series int): is used for multi level zigzags. For single level, it will always be 0
componentIndex (series int): is the lower level zigzag array index for given pivot. Used only in multi level Zigzag Pivots
subComponents (series int): is the number of sub waves per each zigzag wave. Only applicable for multi level zigzags
microComponents (series int): is the number of base zigzag components in a zigzag wave
ratio (series float): Price Ratio based on previous two pivots
sizeRatio (series float)
subPivots (Pivot[])
indicatorNames (string[]): Names of the indicators applied on zigzag
indicatorValues (float[]): Values of the indicators applied on zigzag
indicatorRatios (float[]): Ratios of the indicators applied on zigzag based on previous 2 pivots
ZigzagFlags
Flags required for drawing zigzag. Only used internally in zigzag calculation. Should not set the values explicitly
Fields:
newPivot (series bool): true if the calculation resulted in new pivot
doublePivot (series bool): true if the calculation resulted in two pivots on same bar
updateLastPivot (series bool): true if new pivot calculated replaces the old one.
Zigzag
Zigzag object which contains whole zigzag calculation parameters and pivots
Fields:
length (series int): Zigzag length. Default value is 5
numberOfPivots (series int): max number of pivots to hold in the calculation. Default value is 20
offset (series int): Bar offset to be considered for calculation of zigzag. Default is 0 - which means calculation is done based on the latest bar.
level (series int): Zigzag calculation level - used in multi level recursive zigzags
zigzagPivots (Pivot[]): array<Pivot> which holds the last n pivots calculated.
flags (ZigzagFlags): ZigzagFlags object which is required for continuous drawing of zigzag lines.
ZigzagObject
Zigzag Drawing Object
Fields:
zigzagLine (series line): Line joining two pivots
zigzagLabel (series label): Label which can be used for drawing the values, ratios, directions etc.
ZigzagProperties
Object which holds properties of zigzag drawing. To be used along with ZigzagDrawing
Fields:
lineColor (series color): Zigzag line color. Default is color.blue
lineWidth (series int): Zigzag line width. Default is 1
lineStyle (series string): Zigzag line style. Default is line.style_solid.
showLabel (series bool): If set, the drawing will show labels on each pivot. Default is false
textColor (series color): Text color of the labels. Only applicable if showLabel is set to true.
maxObjects (series int): Max number of zigzag lines to display. Default is 300
xloc (series string): Time/Bar reference to be used for zigzag drawing. Default is Time - xloc.bar_time.
ZigzagDrawing
Object which holds complete zigzag drawing objects and properties.
Fields:
zigzag (Zigzag): Zigzag object which holds the calculations.
properties (ZigzagProperties): ZigzagProperties object which is used for setting the display styles of zigzag
drawings (ZigzagObject[]): array<ZigzagObject> which contains lines and labels of zigzag drawing.
Zigzag related user defined types. Depends on DrawingTypes library for basic types
method tostring(this, sortKeys, sortOrder, includeKeys)
Converts ZigzagTypes/Pivot object to string representation
Namespace types: Pivot
Parameters:
this (Pivot): ZigzagTypes/Pivot
sortKeys (bool): If set to true, string output is sorted by keys.
sortOrder (int): Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys
includeKeys (string[]): Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered
Returns: string representation of ZigzagTypes/Pivot
method tostring(this, sortKeys, sortOrder, includeKeys)
Converts Array of Pivot objects to string representation
Namespace types: Pivot[]
Parameters:
this (Pivot[]): Pivot object array
sortKeys (bool): If set to true, string output is sorted by keys.
sortOrder (int): Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys
includeKeys (string[]): Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered
Returns: string representation of Pivot object array
method tostring(this)
Converts ZigzagFlags object to string representation
Namespace types: ZigzagFlags
Parameters:
this (ZigzagFlags): ZigzagFlags object
Returns: string representation of ZigzagFlags
method tostring(this, sortKeys, sortOrder, includeKeys)
Converts ZigzagTypes/Zigzag object to string representation
Namespace types: Zigzag
Parameters:
this (Zigzag): ZigzagTypes/Zigzagobject
sortKeys (bool): If set to true, string output is sorted by keys.
sortOrder (int): Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys
includeKeys (string[]): Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered
Returns: string representation of ZigzagTypes/Zigzag
method calculate(this, ohlc, indicators, indicatorNames)
Calculate zigzag based on input values and indicator values
Namespace types: Zigzag
Parameters:
this (Zigzag): Zigzag object
ohlc (float[]): Array containing OHLC values. Can also have custom values for which zigzag to be calculated
indicators (matrix<float>): Array of indicator values
indicatorNames (string[]): Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames
Returns: current Zigzag object
method calculate(this)
Calculate zigzag based on properties embedded within Zigzag object
Namespace types: Zigzag
Parameters:
this (Zigzag): Zigzag object
Returns: current Zigzag object
method nextlevel(this)
Calculate Next Level Zigzag based on the current calculated zigzag object
Namespace types: Zigzag
Parameters:
this (Zigzag): Zigzag object
Returns: Next Level Zigzag object
method clear(this)
Clears zigzag drawings array
Namespace types: ZigzagDrawing[]
Parameters:
this (ZigzagDrawing[]): array<ZigzagDrawing>
Returns: void
method drawplain(this)
draws fresh zigzag based on properties embedded in ZigzagDrawing object without trying to calculate
Namespace types: ZigzagDrawing
Parameters:
this (ZigzagDrawing): ZigzagDrawing object
Returns: ZigzagDrawing object
method drawfresh(this, ohlc, indicators, indicatorNames)
draws fresh zigzag based on properties embedded in ZigzagDrawing object
Namespace types: ZigzagDrawing
Parameters:
this (ZigzagDrawing): ZigzagDrawing object
ohlc (float[]): values on which the zigzag needs to be calculated and drawn. If not set will use regular OHLC
indicators (matrix<float>): Array of indicator values
indicatorNames (string[]): Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames
Returns: ZigzagDrawing object
method drawcontinuous(this, ohlc, indicators, indicatorNames)
draws zigzag based on the zigzagmatrix input
Namespace types: ZigzagDrawing
Parameters:
this (ZigzagDrawing): ZigzagDrawing object
ohlc (float[]): values on which the zigzag needs to be calculated and drawn. If not set will use regular OHLC
indicators (matrix<float>): Array of indicator values
indicatorNames (string[]): Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames
Returns: [array<line> zigzaglines, array<label> zigzaglabels]
method getPrices(pivots)
Namespace types: Pivot[]
Parameters:
pivots (Pivot[])
method getBars(pivots)
Namespace types: Pivot[]
Parameters:
pivots (Pivot[])
Indicator
Indicator is collection of indicator values applied on high, low and close
Fields:
indicatorHigh (series float): Indicator Value applied on High
indicatorLow (series float): Indicator Value applied on Low
PivotCandle
PivotCandle represents data of the candle which forms either pivot High or pivot low or both
Fields:
_high (series float): High price of candle forming the pivot
_low (series float): Low price of candle forming the pivot
length (series int): Pivot length
pHighBar (series int): represents number of bar back the pivot High occurred.
pLowBar (series int): represents number of bar back the pivot Low occurred.
pHigh (series float): Pivot High Price
pLow (series float): Pivot Low Price
indicators (Indicator[]): Array of Indicators - allows to add multiple
Pivot
Pivot refers to zigzag pivot. Each pivot can contain various data
Fields:
point (chart.point): pivot point coordinates
dir (series int): direction of the pivot. Valid values are 1, -1, 2, -2
level (series int): is used for multi level zigzags. For single level, it will always be 0
componentIndex (series int): is the lower level zigzag array index for given pivot. Used only in multi level Zigzag Pivots
subComponents (series int): is the number of sub waves per each zigzag wave. Only applicable for multi level zigzags
microComponents (series int): is the number of base zigzag components in a zigzag wave
ratio (series float): Price Ratio based on previous two pivots
sizeRatio (series float)
subPivots (Pivot[])
indicatorNames (string[]): Names of the indicators applied on zigzag
indicatorValues (float[]): Values of the indicators applied on zigzag
indicatorRatios (float[]): Ratios of the indicators applied on zigzag based on previous 2 pivots
ZigzagFlags
Flags required for drawing zigzag. Only used internally in zigzag calculation. Should not set the values explicitly
Fields:
newPivot (series bool): true if the calculation resulted in new pivot
doublePivot (series bool): true if the calculation resulted in two pivots on same bar
updateLastPivot (series bool): true if new pivot calculated replaces the old one.
Zigzag
Zigzag object which contains whole zigzag calculation parameters and pivots
Fields:
length (series int): Zigzag length. Default value is 5
numberOfPivots (series int): max number of pivots to hold in the calculation. Default value is 20
offset (series int): Bar offset to be considered for calculation of zigzag. Default is 0 - which means calculation is done based on the latest bar.
level (series int): Zigzag calculation level - used in multi level recursive zigzags
zigzagPivots (Pivot[]): array<Pivot> which holds the last n pivots calculated.
flags (ZigzagFlags): ZigzagFlags object which is required for continuous drawing of zigzag lines.
ZigzagObject
Zigzag Drawing Object
Fields:
zigzagLine (series line): Line joining two pivots
zigzagLabel (series label): Label which can be used for drawing the values, ratios, directions etc.
ZigzagProperties
Object which holds properties of zigzag drawing. To be used along with ZigzagDrawing
Fields:
lineColor (series color): Zigzag line color. Default is color.blue
lineWidth (series int): Zigzag line width. Default is 1
lineStyle (series string): Zigzag line style. Default is line.style_solid.
showLabel (series bool): If set, the drawing will show labels on each pivot. Default is false
textColor (series color): Text color of the labels. Only applicable if showLabel is set to true.
maxObjects (series int): Max number of zigzag lines to display. Default is 300
xloc (series string): Time/Bar reference to be used for zigzag drawing. Default is Time - xloc.bar_time.
ZigzagDrawing
Object which holds complete zigzag drawing objects and properties.
Fields:
zigzag (Zigzag): Zigzag object which holds the calculations.
properties (ZigzagProperties): ZigzagProperties object which is used for setting the display styles of zigzag
drawings (ZigzagObject[]): array<ZigzagObject> which contains lines and labels of zigzag drawing.
Release Notes
v2Added:
method getPoints(this)
Namespace types: Zigzag
Parameters:
this (Zigzag)
ZigzagDrawingPL
Object which holds complete zigzag drawing objects and properties - polyline version
Fields:
zigzag (Zigzag): Zigzag object which holds the calculations.
properties (ZigzagProperties): ZigzagProperties object which is used for setting the display styles of zigzag
zigzagLabels (label[])
zigzagLine (series polyline): polyline object of zigzag lines
Updated:
method drawplain(this)
draws fresh zigzag based on properties embedded in ZigzagDrawingPL object without trying to calculate
Namespace types: ZigzagDrawingPL
Parameters:
this (ZigzagDrawingPL): ZigzagDrawingPL object
Returns: ZigzagDrawingPL object
ZigzagProperties
Object which holds properties of zigzag drawing. To be used along with ZigzagDrawing
Fields:
lineColor (series color): Zigzag line color. Default is color.blue
lineWidth (series int): Zigzag line width. Default is 1
lineStyle (series string): Zigzag line style. Default is line.style_solid.
showLabel (series bool): If set, the drawing will show labels on each pivot. Default is false
textColor (series color): Text color of the labels. Only applicable if showLabel is set to true.
maxObjects (series int): Max number of zigzag lines to display. Default is 300
xloc (series string): Time/Bar reference to be used for zigzag drawing. Default is Time - xloc.bar_time.
curved (series bool): Boolean field to print curved zigzag - used only with polyline implementation
Release Notes
v3Updated:
method tostring(this, sortKeys, sortOrder, includeKeys)
Namespace types: Zigzag
Parameters:
this (Zigzag)
sortKeys (bool)
sortOrder (int)
includeKeys (string[])
method getPrices(pivots)
Gets the array of prices from array of Pivots
Namespace types: Pivot[]
Parameters:
pivots (Pivot[]): array<Pivot> array of Pivot objects
Returns: array<float> array of pivot prices
method getBars(pivots)
Gets the array of bars from array of Pivots
Namespace types: Pivot[]
Parameters:
pivots (Pivot[]): array<Pivot> array of Pivot objects
Returns: array<int> array of pivot bar indices
Release Notes
v4Release Notes
v5Updated:
method clear(this)
Clears zigzag drawings array
Namespace types: ZigzagDrawingPL[]
Parameters:
this (ZigzagDrawingPL[]): array<ZigzagDrawingPL>
Returns: void
Release Notes
v6Release Notes
v7Updated:
Pivot
Pivot refers to zigzag pivot. Each pivot can contain various data
Fields:
point (chart.point): pivot point coordinates
dir (series int): direction of the pivot. Valid values are 1, -1, 2, -2
level (series int): is used for multi level zigzags. For single level, it will always be 0
componentIndex (series int): is the lower level zigzag array index for given pivot. Used only in multi level Zigzag Pivots
subComponents (series int): is the number of sub waves per each zigzag wave. Only applicable for multi level zigzags
microComponents (series int): is the number of base zigzag components in a zigzag wave
ratio (series float): Price Ratio based on previous two pivots
sizeRatio (series float): Ratio of size beteen current zigzag wave and the last zigzag wave in the same direction.
barRatio (series float): Bar Ratio based on previous two pivots
subPivots (Pivot[])
indicatorNames (string[]): Names of the indicators applied on zigzag
indicatorValues (float[]): Values of the indicators applied on zigzag
indicatorRatios (float[]): Ratios of the indicators applied on zigzag based on previous 2 pivots
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.
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.