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