PaintZigZag (RTX)
The PaintZigZag (PZZ) RTX Extension paints the legs of the Zig Zag indicator based on a number criteria of each leg or each bar.
The PaintZigZag (PZZ) RTX Extension paints the legs of the Zig Zag indicator based on a number criteria of each leg or each bar.
The Zig Zag Indicator is a series of trendlines that connect significant tops and bottoms on a price chart. The Minimum Price Change parameter specifies the percentage that the price must move to form a new zig or zag leg. It can be used to identify potential chart patterns and Elliot Wave formations.