[GARUFI] Averan Zig Zag — Indicator by eduardogarufi

This is the Averan Zig Zag, that uses the volatility concept of Averan (created by Eduardo Garufi) to identify key higs and low on the market.

The indicator measures the volatility in percentage chance in order to comply with different timeframes.

The default configuration values are indeed the one used by Eduardo Garufi in the Grid System.

Release Notes:

Now you can select the Grid Depth on the zig zag presentation.

Conheça o Telegram Money Makers com Garufi!

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?