ZigZagCore

ZigZagCore

ZigZagCore is a generic ZigZag engine that works with any user-defined threshold (ATR-based, volatility-based, fixed ticks, etc.).

API

Pine Script®

import ReflexSignals/ZigZagCore/<version> as zz var zz.ZzState state = zz.zz_new() float thr = ... // your threshold in price units state := zz.zz_update(state, thr)

zz_update(state, thr)
Parameters:
state (ZzState)
thr (float)

ZzState
Fields:
dir (series int)
highSinceLow (series float)
lowSinceHigh (series float)
lastHighLevel (series float)
lastLowLevel (series float)
lastHighIndex (series int)
lastLowIndex (series int)
highSinceLowIndex (series int)
lowSinceHighIndex (series int)
isNewHigh (series bool)
isNewLow (series bool)

Directional State
dir = 1 → market is in an upswing
dir = -1 → market is in a downswing
dir = na → initial undecided state

Live Swing Tracking (Unconfirmed Leg)
Continuously updated swing extremes:
highSinceLow — highest price since the last confirmed low
lowSinceHigh — lowest price since the last confirmed high
Their corresponding bar indices

These fields describe the current active swing leg, which updates every bar until a pivot is confirmed.

Pivot Detection
A pivot confirms only when price moves beyond the prior swing extreme by more than threshold. When this occurs, the library sets:
isNewHigh = true (on the detection bar only) and updates lastHighLevel, lastHighIndex
isNewLow = true and updates lastLowLevel, lastLowIndex

版本注释

v2
Added highBroken and lowBroken fields in ZzState

Updated:
ZzState
Fields:
dir (series int)
highSinceLow (series float)
lowSinceHigh (series float)
lastHighLevel (series float)
lastLowLevel (series float)
lastHighIndex (series int)
lastLowIndex (series int)
highSinceLowIndex (series int)
lowSinceHighIndex (series int)
isNewHigh (series bool)
isNewLow (series bool)
highBroken (series bool)
lowBroken (series bool)

版本注释

v3 added 2 new features:
-Stale bars: a direction switch will happen if a high/low has been standing and stale for N bars
-High/low break: a direction switch will be forced if a high/low is broken, despite the volatility threshold not being met

Both these changes are designed to improve stability in the face of rising and falling volatility measurements, while maintaining the direction switching rule (high must follow low, must follow high, etc.)

Updated:
zz_update(state, thr, staleBars)
Parameters:
state (ZzState)
thr (float)
staleBars (int)

版本注释

v4

Bugfix for stale bars logic to ensure correct pivot bar detection.

版本注释

v5 Bugfix for live leg.

版本注释

v6
Refactor for handling stale bars and break logic together.

Updated:
zz_update(state, thr, staleBars, switchOnPriorLevelBreak)
Parameters:
state (ZzState)
thr (float)
staleBars (int)
switchOnPriorLevelBreak (bool)

ZzState
Fields:
dir (series int)
lastHighLevel (series float)
lastLowLevel (series float)
lastHighIndex (series int)
lastLowIndex (series int)
candidateHigh (series float)
candidateLow (series float)
candidateHighIndex (series int)
candidateLowIndex (series int)
pullbackLow (series float)
reboundHigh (series float)
pullbackLowIndex (series int)
reboundHighIndex (series int)
highSinceLow (series float)
lowSinceHigh (series float)
highSinceLowIndex (series int)
lowSinceHighIndex (series int)
isNewHigh (series bool)
isNewLow (series bool)
highBroken (series bool)
lowBroken (series bool)

Pine脚本库

秉承TradingView的精神，作者已将此Pine代码作为开源库发布，以便我们社区的其他Pine程序员可以重用它。向作者致敬！您可以私下或在其他开源出版物中使用此库，但在出版物中重用此代码须遵守网站规则。

ReflexSignals

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。

Pine脚本库

ReflexSignals