Zig Zag Indicator

The Zig Zag Indicator can be used to filter out relatively small price movements. You can preset the deviation as a percentage in order to discard smaller moves. The indicator only draws a line if a relative price move is bigger than the set deviation, thus clarifying the chart by removing market noise and ignoring sideways moves. It does not generate automatic signals. Traders can use it by itself to visualise the current trend or together with other analysis techniques such as Elliott Wave, Support and Resistance and price patterns like the Double Top or the Parallel Channel.

Please note that every up leg is always followed by a down leg and vice versa. The Zig Zag indicator is similar to a moving average: both signal a trend change when the indicator changes direction. Whether used alone or in combination with other techniques, the Zig Zag indicator is a useful tool in a technical trader's toolbox.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out