Zigzag indicator depth and backstep equivalence

[op1031]

Hi all,

I am developing a strategy using the Zigzag indicator. I am using the zigzag settings from another platform which has depth=12 deviation=5 and backstep=3. The Zigzag indicator in NinjaTrader has the deviation parameter, but I can't find the equivalent parameter for Depth and Backstep. Could someone tell me how to set the depth and backstep?

My code simply says ZigZag(DeviationType.Percent, 5, true).ZigZagHigh[0], and there isn't anywhere I can set the depth and backstep.

I have read through the zigzag indicator page: https://ninjatrader.com/support/help...t8/?zigzag.htm, but I am still not getting it.

Thank you,

[NinjaTrader_ChelseaB]

Hello op1031,

Unfortunately, I'm not certain what the other platform values are referring to.

This thread will remain open for the community to provide suggestions.

To me, the depth word sounds similar to deviationValue, backstep sounds similar to lookBackPeriod.

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[op1031]

Hi Chelsea,

To me, the depth word sounds similar to deviationValue, backstep sounds similar to lookBackPeriod.

I thought deviationValue is deviation=5

I saw the description of depth and backstep from here: https://fbs.com/analytics/guidebooks/zigzag-235
Depth = the minimal number of candlesticks which won’t be regarded as a top/bottom if a top/bottom was already found using deviation
Backstep = is the minimal number of candlesticks between local highs or lows.

You can also contact a professional NinjaScript Consultant who would be eager to create or modify this script at your request or assist you with your script.

I am not sure if I am at the point yet. I am thinking the indicator is likely implemented the same way in different platforms, but probably different naming fields, so I am hoping to find the equivalence of Depth and Backstep in NinjaTrader's platform.