ABCD Zigzag ScannerScan Charts for Any ABCD Zigzags, End of Day or in Real Time.
Leg 1 Minimum Percent Change
If you would like to set a minimum length for Leg 1 you can set it here. If you are not sure how to set this value, set it to zero and the scan will not limit the minimum length of Leg 1. This will work well and you can generally ignore this setting.
Leg 2 Price Change as a Percent of Leg 1
This entry allows you to control the length of Leg 2. The number you enter will be a percentage of the length of Leg1. If in doubt enter a minimum of 20 and a maximum of 110.
Leg 3 Price Change as a Percent of Leg 1
This entry allows you to control the length of Leg 3. The number you enter will be a percentage of the length of Leg1. If in doubt enter a minimum of 80 and a maximum of 200.
Include Automatic Support and Resistance Lines
If you check this box, Ramp will find the dominant support and resistance lines and add them to the ABCD Zigzag charts found. The settings for the Support and Resistance lines are taken from your BobChart settings.
Minimum Pattern Size
Start with a value of 2 and if the patterns found are too small select a larger number. This will allow you to control the pattern size.
Bullish or Bearish Radial Buttons
The image shown is a bullish pattern. The assumption is that an ABCD Zigzag downward pattern as shown in the image sets up the next bullish move. Here you can select the bullish or the bearish ABCD Zigzag setup.
Save Settings Button
This will save the entries you have chosen so that the next time you click on the stochastics scanner you personal defaults will be remembered.
Sample ABCD Zigzag Scan Result Without Auto Trendlines
The Same ABCD Zigzag Scan Result With Auto Trendlines Turned on.