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Implement ZigZag (ZZ) indicator #8454
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Martin-Molinero
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JosueNina:feature-3179-zig-zag-indicator
Dec 23, 2024
Merged
Implement ZigZag (ZZ) indicator #8454
Martin-Molinero
merged 8 commits into
QuantConnect:master
from
JosueNina:feature-3179-zig-zag-indicator
Dec 23, 2024
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jhonabreul
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Dec 11, 2024
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Nice, thank you! 🚀
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- Refactored logic to streamline pivot updates and condition checks. - Exposed PivotType enum to track pivot direction (High/Low). - Updated CSV processing to reflect pivot type (High/Low).
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Martin-Molinero
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Thank you! 🙌
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Description
This pull request introduces the ZigZag indicator, which is used to identify significant price movements and trends by connecting key high and low points in a financial time series. It helps traders and analysts visualize trend changes and potential reversals in the market.
Related Issue
Closes #3179
Motivation and Context
The ZigZag indicator is useful for detecting trend changes and filtering out market noise, which can improve technical analysis by focusing on significant price movements.
Requires Documentation Change
Yes, the documentation should be updated to include usage instructions for the ZigZag indicator and explain the parameters such as sensitivity and minimum trend length.
How Has This Been Tested?
The ZigZag indicator has been tested using unit tests that verify the calculation of the indicator over historical data. The Talipp library was used to compare values and ensure the accuracy of the indicator's output against expected results.
Types of changes
Checklist:
bug-<issue#>-<description>
orfeature-<issue#>-<description>