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INVITE-ONLY SCRIPT

Percentage Based ZigZag with trend colouring

47
A modification of the original ZigZag script, where the current price change in percentages are tracked, and the background is being marked based on trend strength. If a reversal is confirmed, the value of 2 or -2 is given, if its fading, meaning it is getting further from the highest high or lowest low by a treshold, 1 or -1 is given.
Colouring based on strength.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact zszatay directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

set zigzag reversal pct and treshold
Warning: please read our guide for invite-only scripts before requesting access.
zszatay
Chart patterns

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.
Chart patterns

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact zszatay directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

set zigzag reversal pct and treshold
Warning: please read our guide for invite-only scripts before requesting access.
zszatay

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.