PROTECTED SOURCE SCRIPT
Close zig-zag label
Updated
This indicator is a beta and is created to indicate the valid high and low close pattern, this isn't a stand alone strategy or reader of the market but can help to read the trend direction.
!ATTENCTION!
this indicator have repainting, don't thrust it until a candle close
some labels have more transparency than other, this is beacause they are lower high or higher low, the duller are the trend extention (friendly reminder, I can find the exact higher or lower close after a pullback, not running)
I don't know if I would implement other stuff in this indicator or if I'm going to remake it better, but for now I have this
!ATTENCTION!
this indicator have repainting, don't thrust it until a candle close
some labels have more transparency than other, this is beacause they are lower high or higher low, the duller are the trend extention (friendly reminder, I can find the exact higher or lower close after a pullback, not running)
I don't know if I would implement other stuff in this indicator or if I'm going to remake it better, but for now I have this
Release Notes
- Added customization
- Implemented zig-zag (sadly have gap when price is not clear)
Release Notes
QUICK FIX- Changed the color of zig-zag from only black to green and red for bearish or bullish market condition
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