Indicators: MA Zigzag Trend

 

MA Zigzag Trend:

Another ZigZag trend indicator based on extremum points of SMA indicator.

MA(44) Zigzag Trend

Author: Reza Anvari

 
Usually used in what currency?
 
Ali irwan:
Usually used in what currency?

It's just like moving average indicator but with straight lines instead of curves. So we can use it in every currency pair with each timeframe it has. With fast MA PERIOD, for example 6, the indicator becomes to an extremum finder.

Reason: