Indicator Settings
December 6, 2021
Ichimoku Cloud Signals – Type 3
December 6, 2021

What is ZigZag?

ZigZag is an indicator used to analyze the movement of an asset’s price.

It does not forecast the future behavior of the price. ZigZag shows how the price has changed in the past – the direction of trends and their reversal points.

Visually, the indicator appears as an unbroken line similar to a zigzag, which is where the name comes from.

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