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Horizontal Line that Follows Zig Zag


Discussion in Sierra Chart

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 jdrower 
Alameda, CA
 
Experience: Intermediate
Platform: Sierracharts
Trading: NQ
Posts: 45 since Oct 2011
Thanks Given: 177
Thanks Received: 30

In Sierra, I'd like to have the Horizontal Line follow the Zig Zag Highs and Lows.

E.G. If the market price action is dropping and the TF has just dropped to a HL or LL of say 1179.8, then the Horizontal Line (ALT-8) drops to a corresponding level above the HL or LL. In the example, I'd like to see the Horizontal Line 20-tics above the HL or LL or at 1181.8.

If the Price Action dropped lower, then the Horizontal Line would drop a corresponding amount.

If the Price Action were to rise and go through the Horizontal Line and create a LH or HH condition, then the Horizontal Line would adjust to the new LH or HH.

Is this something that can be done?

Thanks
JD
Cary, North Carolina


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