Indicators: ZigZag_channel
Absolutely useless indicator (!) .... builds a channel by current extremums ... nothing informative, alas ...
Vitaliy Kostrubko #:
Absolutely useless indicator (!) .... builds a channel by current extremums ... nothing informative, alas ...
You can use it as a support/resistance indicator and better recognize breakouts. not “useless” at all.
Absolutely useless indicator (!) .... builds a channel by current extremums ... nothing informative, alas ...
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ZigZag_channel:
A channel based on peaks and troughs of the ZigZag indicator.
Author: Nikolay Kositsin