Impulse up / down or Zigzag
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Hi all,
I am trying to work out how to build an impulse up or down. This would just be consecutive bars up which can also include inside bars and outside bars.
For instance a series of candles that have higher highs and higher lows, and also inside bars that are within the impulse. Let's say 8 bars in total.
The buy signal would be once the 9th bar breaks the previous high. Is this possible?If so, is it also possible to construct a zigzag pattern , A being the impulse down (8 bars) , B being the correction (5 bars in opposite direction) C being impulse down of 8 bars also, and the buy is at the 9th bar that breaks the previous bar high?
Thank you
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I personally don't understand how and why people use ZigZag
For the other blocks... I made them looong time ago when I was in this mood to create as much stuff as possible. But I don't like these blocks now and I keep them only because if I remove them, someone will complain. They do what some custom indicator should do, but in worse way.