OPEN-SOURCE SCRIPT
已更新 Zig Zag with HHLL
This powerful tool calculates and displays two Zig Zag patterns simultaneously while dynamically identifying key market structure points—Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH).
Because the script is dynamic, the most recent HH, HL, LL, or LH can update in real-time as price action evolves. For example, if the price continues to rise, a previously marked HL may be reclassified as an LL. Likewise, a falling LH may later turn into a HH if the market reverses.
This script is versatile and can be applied to various trading strategies, including trend analysis, support and resistance identification, breakout setups, and more.
Added a new input parameter decimals that allows you to control the decimal precision:
Set to -1 (default) for automatic detection based on the symbol's minimum tick size
Set to 0-8 for a specific number of decimal places.
How it works:
Auto mode (decimals = -1): The script automatically determines how many decimal places to show based on the instrument's minimum tick size. For example:
Forex pairs (0.00001) → 5 decimals
Stocks ($0.01) → 2 decimals
Crypto (0.00000001) → 8 decimals
Manual mode (decimals = 0-8): You can force a specific number of decimal places if needed
Because the script is dynamic, the most recent HH, HL, LL, or LH can update in real-time as price action evolves. For example, if the price continues to rise, a previously marked HL may be reclassified as an LL. Likewise, a falling LH may later turn into a HH if the market reverses.
This script is versatile and can be applied to various trading strategies, including trend analysis, support and resistance identification, breakout setups, and more.
Added a new input parameter decimals that allows you to control the decimal precision:
Set to -1 (default) for automatic detection based on the symbol's minimum tick size
Set to 0-8 for a specific number of decimal places.
How it works:
Auto mode (decimals = -1): The script automatically determines how many decimal places to show based on the instrument's minimum tick size. For example:
Forex pairs (0.00001) → 5 decimals
Stocks ($0.01) → 2 decimals
Crypto (0.00000001) → 8 decimals
Manual mode (decimals = 0-8): You can force a specific number of decimal places if needed
發行說明
Ehanced with fractals.Key Benefits:
Comprehensive Analysis: Combines Zig Zag trend analysis with precise fractal identification
Clean Interface: Well-organized input groups make the script easy to configure
Flexible Display: Independent toggles for Zig Zag lines, HHLL labels, and fractals
Advanced Fractal Logic: Handles equal highs/lows for more accurate fractal detection
Visual Harmony: Fractals use subtle transparency (25%) to complement the Zig Zag lines
The script now provides a comprehensive market structure analysis tool, displaying both major trend changes (ZigZag) and precise reversal points (fractals) with full customization options. You can use them together for comprehensive analysis or independently as needed.
發行說明
Updated the script to allow accurate price display across all instruments開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。