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[USER=17857]@qldfrog[/USER] please do not waste your time.

[USER=9682]@Gringotts Bank[/USER] disputes my findings of substituting his base ZigZag code as the buy & sell criteria of my "HYBRID Strategy".

[USER=17857]@qldfrog[/USER] it will only take you seconds, would you be kind enough to run a simulated backtest using GB's buy & sell conditions of his non-repainting ZZ code?

GB's simplified code

This is the code I used to run the backtest from the 1st of January to the 7th of November 2022

 

    _SECTION_BEGIN( "NonPainting" );

    pr = .00001;

    zzHiLo = Zig( c, pr );

    pk = zzHiLo > Ref( zzHiLo, -1 ) AND zzHiLo > Ref( zzHiLo, 1 );

    tr = zzHiLo < Ref( zzHiLo, -1 ) AND zzHiLo < Ref( zzHiLo, 1 );

    Plot( zzHiLo, "", colorYellow, styleLine );

    Buy = tr;

    Sell = pk;

    _SECTION_END();

Let me say it once again

The ZigZag's indicator of its many forms has a major issue being its dynamic nature which is a real disadvantage. Furthermore, the indicator cannot be used in mechanical systems, since the backtesting of such systems should exclude any revisable parameters in order to be valid and accurate.

Skate.