Zig Zag Indicator: Simplify, Organize, and Aggregate Market Moves

Duration:11:00
Variable speed version: Watch

This video provides an overview of the Zig Zag Indicator. Zig Zag is a very popular and powerful indicator designed to simplify, organize, and aggregate market moves. Zig Zag draws trendlines between key pivot/reversal highs and lows determined by a user specified minimum price move. Each trendline or leg can be labeled with a variety of statistics that involve the volume, delta, bars, price moves, time, or relative retracement of each move. These labels may be stacked vertically to simultaneously view multiple pieces of data on each leg. A variety of other presentation options are also detailed.