Zig Zag

之字转向

Stock TechnicalP2Support/Resistance & StructureApplies to: US stocks

Definition

Filters out minor fluctuations and connects significant high/low pivots.

Formula

Draws a new pivot only when price reverses ≥ a set % or point amount

How to read it

Does not predict and repaints; used to identify wave structure and draw trend lines and Fibonacci.

Inputshigh, lowOutputoverlay
Data source: H, L. Public knowledge, not investment advice.

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Related indicators

Reference metadata — public, well-known indicator definitions. Not investment advice.