Hi,sal wrote: ↑Sun Dec 04, 2022 10:15 pmalso changed to so that you can set which two zigzags the triangles are generated from, so you create triangles from levels 2 and 3 etc.
currently I have it set to how I like it for the 15 minute chart (showing 9 for 15 min, 36 for 1hr, 72 as just an extra, 144 as 4hr, and 864 for the daily)
do you have any suggestion for m1 chart setting numbers for m5 m30 ??
the triangle confirmation is based on the breakout of lower or higher or middle dot!! ?? can you show or update the level
I've never traded the 1m chart but it is just multiplied so a zigzag of 10 would be 10 on 1 minute, 50 to show 5min, 150 to show 15 min, 600 to 1 hr and 2400 to show 4hr. Of course they dont have to line up with timeframes, on the 15 min, I found the gap between 36 and 144 to be too big for my preference so I put and the extra level in 72 for extra clarity.
The triangle is drawn when there is a higher dot followed by 2 dots of the lower period and then price reverses slightly.
By default it is set to the two lowest periods so a dot on 36 followed by 2 dots on the 9. I made it changeable with a dropdown as I wanted to try having it on 144 and then 36 (also if someone wants to use numbers for symbols, then it has be in opposite order).