OPEN-SOURCE SCRIPT
Actualizado Denies Kresna Zigzag 4
This indicator is a simplified version inspired by the ZigZag Plus algorithm, designed to focus only on the features that matter most: ZigZag swing detection and Support & Resistance levels.
All non-essential components such as volume analysis, alerts, labels, bar coloring, and candle markers have been removed to provide a clean and lightweight charting experience.
Features
Automatic ZigZag swing detection
Dynamic Support and Resistance levels
Lightweight implementation for better performance
Clean chart with no unnecessary visual clutter
How it Works
The indicator identifies swing highs and swing lows using the original trend-switching logic. Every confirmed swing creates a new support or resistance level:
Swing High → Resistance
Swing Low → Support
Support and resistance levels remain active until they are invalidated by price.
Best Used For
Market structure analysis
Identifying swing highs and lows
Support & Resistance trading
Trend reversal confirmation
Price action trading
Notes
This script is intentionally minimalistic. It does not include volume analysis, breakout alerts, candle coloring, or other visual enhancements found in the original implementation.
The goal is to provide a fast, clean, and easy-to-read ZigZag indicator focused purely on market structure.
All non-essential components such as volume analysis, alerts, labels, bar coloring, and candle markers have been removed to provide a clean and lightweight charting experience.
Features
Automatic ZigZag swing detection
Dynamic Support and Resistance levels
Lightweight implementation for better performance
Clean chart with no unnecessary visual clutter
How it Works
The indicator identifies swing highs and swing lows using the original trend-switching logic. Every confirmed swing creates a new support or resistance level:
Swing High → Resistance
Swing Low → Support
Support and resistance levels remain active until they are invalidated by price.
Best Used For
Market structure analysis
Identifying swing highs and lows
Support & Resistance trading
Trend reversal confirmation
Price action trading
Notes
This script is intentionally minimalistic. It does not include volume analysis, breakout alerts, candle coloring, or other visual enhancements found in the original implementation.
The goal is to provide a fast, clean, and easy-to-read ZigZag indicator focused purely on market structure.
Notas de prensa
add break line high to more high, low to more lowNotas de prensa
add input to show confirmed diagonal SNR.Show confirm on Break Body will maintain latest solid diagonal SNR which broken by candle body
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.