Zig Zag Ratio Simplified calculates ratio relationships between market swings, displaying ratio labels, high and low price tags, and an optional status helper table. Main settings allow users to set the swing evaluation length, toggle ratio displays, and customize table positioning. Note that like traditional ZigZag tools, pivot points and ratios update retroactively on live bars until confirmed.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Length
int
10
i_i_len
Show Colored Ratios
string
Both
i_s_dir
Show Ratio Status
bool
false
i_b_stat
Show High Low Labels
bool
false
i_b_HL
Show Helper |
bool
false
i_b_table
Font size
string
normal
i_s_font
Table Position
string
bottom
i_s_Y
i_s_X
string
left
i_s_X
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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