Zig-Zag Indicator Amibroker AFL Code

Zig-Zag Indicator is a very popular indicator and is extensively used for technical analysis in the financial markets.

Those who use Amibroker mostly apply this indicator . However it may happen accidentally that the AFL used for Zig-Zag Indicator is deleted from the software. This brings in a lot of trouble for those who might not be very much familiar with the coding process.

To overcome this problem I am posting the AFL for the indicator here which can be copied from here then applied in the Amibroker software through the Formula Editor .


=============================Copy The Code From Below======================

_SECTION_BEGIN("ZIG - Zig");
P = ParamField( "Price field" );
change = Param("% change",5,0.1,25,0.1);
Plot( Zig(P, change), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();


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