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The indicator displays the price movement as three zigzags of different time periods (current, higher and even higher periods) on a single chart. Zigzag is plotted based on the Heiken Ashi indicator and the High/Low price values. The indicator also displays: Support and resistance levels based on the latest peaks of zigzags; Unfinished movement of the current period's zigzag, higher-period zigzag and even higher-period zigzag is displayed in another color. Parameters TimeFrame : periods tot ca
The Zigzag Zotik indicator displays the price movement in the form of a zigzag based on the AO_Zotik indicator values. The Zigzag Zotik indicator displays the trend movements and their corrections. The AO_Zotik indicator consists of three lines moving relative to "0": "main" line; "support and resistance" line; "balance" line. The "main" line crossing the "support and resistance" line indicates the end of one wave and the beginning of the other. The Zigzag Zotik indicator displays this on the ch