Does this apply to real-time bars only? Or also to historical bars?

Thanks

Vlan

Same High (Low) is for internal bars within the ZZ leg, not the top/bottom ones.

G.

Hi GG,

What bars do you consider to have ‘same highs’ ?  Do their highs have to be within certain static price range from each other? or maybe dynamic range?

Also, why is high/low important if both Fractals and ZigZag indicators are calculated based on Close price?

Thanks

Vlan

Bar count:

From Skype Q.: Same High (Low) consequent bars are counted as one bar.

G.

Great, thanks a lot G  

=smallcat

smallcat wrote:

gg53 wrote:
You can’t predict future price. But you can predict at what future price the MA (just an example) will start to turn or will go flat. Same goes to RSI, Stochastic, CCI, StdDeviation, etc. G.

OK, could you please give example on CCI or MA ? Thanks

Simple Average formula is: Sum(1…n)/n

Example:

(1+2+3+4+5)/5 = 3…[Read more]

Simple Average formula is: Sum(1…n)/n

Example:

(1+2+3+4+5)/5 = 3

Now we want to know what future number will cause this “uptrend” to go flat or move down.

This mean that:

(1+2+3+4+5+x)/6 <= 3

This one is easy to solve…

G.