ZigZag Indicator with Extra Features
Topic: ZigZag Indicator with Extra Features
The ZigZag Indicator is one on those indicators, that at a misleading first glans, seems to be the "Holy Grail" of all indicators for finding the Tops and Bottoms for set-ups like Swing or Trend Following strategies. Quite often, newcomers tend to be totally amazed by it, believing that with it, they cannot go wrong. In reality however, nothing could be further from the truth, mainly because it does something called "repainting".