More often than not, Zig will not be useful. Zig looks into the future. By the time you're able to verify the Zig pivot without looking forward, it's too late to do anything with it.
Mike --- In [email protected], "Richard" <richpa...@...> wrote: > > Hello, > > I am looking to code "momentum filter" to filter out any signals preceded by > sideways movement. I want to see a price action before the signal with the > substantial movement up or down. Has anyone done anything similar? Could you > share any ideas on how to implement this kind of filter? > I was thinking about using, SAR indicator and measuring number of bars > between SAR and $ cross (top to bottom of SAR leg) and multiplying by the % > Zig change for the last High to Low. Is this idea any good? I am looking > basically for the way to filter out sideways price action even if I have to > forego breakouts signals from sideways consolidation. > > Regards > Richard >
