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Economic Analysis

ZEGZAG Indicator

The ZIGZAG indicator identifies major trends by reducing noise in price movements, helping traders see overall trends clearly.

00:17:03 1 lessons Intermediate + Addvanced Updated Dec 2023
Research & Analysis Department
Created by Research & Analysis Department
Research & Analysis Department
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ZEGZAG Indicator

Updated Dec 2023 1 lessons 2,589 views Intermediate + Addvanced
Research & Analysis Department
Research & Analysis Department
Research & Analysis Department

The ZIGZAG indicator is a technical analysis tool used to identify major trends in price movement by filtering out noise from minor fluctuations. This indicator connects the swing highs and lows in the market, helping traders to clearly visualize overall trends. The ZIGZAG is useful for identifying support and resistance levels, making it easier to make informed trading decisions.

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