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.
Simple ZZ Consolidation Zones:
More experiments with the Simple ZigZag indicator. A small upgrade allows the indicator to find and mark the price consolidation areas with colored rectangles.
Author: Oleg Shenker