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Indicators: ZZ Color Retracement

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Automated-Trading
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Automated-Trading 2016.10.10 15:33 

ZZ Color Retracement:

The ZZ Color Retracement based on the Simple ZigZag indicator. In addition to the functionality of the base indicator, the Color Retracemnt analyzes the length of wave movements, highlighting the longer impulse movements in blue and the shorter retracements in red.

ZZ Color retracement could differentiate impulse moves and retracements

Author: Oleg Shenker

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