How to use Zigzag Indicator

Some of the traders who know and do not know how the price action indicator mennggunakan called ZIGZAG.

Zigzag is, the only indicator in MetaTrader to use the High and  Low.even it's just drawing a line from Highest and Lowest, High & Low,actually Zigzag can also provide much guidance the current market movements and futures.

For Example, zigzag can be seen from the function to support and resistance  Fibonnaci, Elliot Wave patterns and wave.

Zigzag will use the term as follows:

[KEY-POINT]

Highest, High = Highest prices and higher price.
Lowest, Low = Lowest prices and lower price.

Lowest High =  Lower Price, but the high price level (ressistance).
Highest Low = The Highest price, but the low price level (support)

It is difficult for me to explain more about zigazag.Walau However, I will give you a diagram for you, to see how the function actually zigazag.

See Price Action vs. Volatility

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