Username: LuckyWoman Rating: Asked to: Talitha Taslim Date Created: 12 Oct 2015 |
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Category | 25 |
Tag | Forex-indicator |
Question | What is Zig Zag indicator? |
Hello LuckyWoman, A trend following indicator that is used to predict when a given security's momentum is reversing. The indicator is used by traders to eliminate random price fluctuations and attempts to profit when the trend changes. The Zig Zag tool is often used in wave analysis to determine the positioning of the stock in the overall cycle. |
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