ThinkScript: Bar-based ZigZag (N-bar confirmed) + one bubble after each pivot

samhanoh

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I want a scan for a long setup during a pullback in an existing uptrend using your ZigZag swings:
  1. Confirm trend: two consecutive Higher Highs (HH1 → HH2) and two consecutive Higher Lows (HL1 → HL2) on the chosen timeframe (weekly for my use).
  2. Current price is now retracing into the area of the LAST swing high (HH2)—i.e., price is within X%/ticks of HH2 or has touched and is holding above HH2, which I expect to act as support (resistance→support flip).
 
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I need a ThinkScript study that:


  • Detects pivot highs/lows by bar confirmation: N bars to the right (default N = 50, user input).
  • Draws a ZigZag line only between consecutive confirmed pivots (no early lines / no repaint).
  • Shows exactly one bubble only when a pivot is confirmed (i.e., on bar t+N for a pivot at t):
    • Green bubble for confirmed pivot high, red for confirmed pivot low (black text).
    • Bubble text = bar count between the previous confirmed pivot and this pivot.

I’m not trying to plot the ZigZag in real time.

My goal is just to count the number of bars between each confirmed high and low in the last 300 bars, with at least 50 bars between pivots, to check if there’s a cyclical pattern like W.D. Gann’s time cycles.
 

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My goal is just to count the number of bars between each confirmed high and low in the last 300 bars, with at least 50 bars between pivots, to check if there’s a cyclical pattern like W.D. Gann’s time cycles.

Since the ZigZag cannot give you confirmed high and lows.
Consider useing Pivot Point Support & Resistance — they’re calculated from completed candles, don’t repaint, and give fixed intraday levels you can trade from.
 

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