karthikmarar said:
Alok, James and Avinash
Sorry for the delay in posting the Advisor code. Because of the size I am enclosing the same as a word file.
Please note that the Advisor is using the ZigZag function to detect the peaks and bottoms. The ZigZag function filters out changes in the data that are less than X percent or points, punctuating the significant moves. Our Advisor detects changes up to 2%. My observation is that it works for most of the charts. For some stock with large movements 4% seems to be better. The formula can be changed for this if required. More details provided in the enclosed file. I am working out a method the select the % before applying the Advisor.
Please provide your feedback and suggestions to make it better.
Hope this will be useful to you.
Thanks and regards
karthik
Sorry for the delay in posting the Advisor code. Because of the size I am enclosing the same as a word file.
Please note that the Advisor is using the ZigZag function to detect the peaks and bottoms. The ZigZag function filters out changes in the data that are less than X percent or points, punctuating the significant moves. Our Advisor detects changes up to 2%. My observation is that it works for most of the charts. For some stock with large movements 4% seems to be better. The formula can be changed for this if required. More details provided in the enclosed file. I am working out a method the select the % before applying the Advisor.
Please provide your feedback and suggestions to make it better.
Hope this will be useful to you.
Thanks and regards
karthik
karthik
Thanks for your post. It will indeed help to all the forum users.
I will try to post the expert if any modifications are done.
Regards
James Alex
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