The zigzag indicator is easy to understand and use, looking at the chart above you can identify zigzag price movements and the zigzag indicator draws a trending zigzag pattern between price peaks and price bottoms, as explained by other professional traders, this zigzag indicator is an indicator used to analyze asset movement.
However, there is a special note for this indicator that the zigzag indicator does not predict future price behavior. But it shows how the price has passed. Using this indicator you can then make a decision about whether to BUY OR SELL.
How to set up zigzag indicator on OLYMP TRADE
On the left side of the screen, all you have to do is click the indicators tab and select the zigzag, which is the yellow line that connects the tops and price botoms.
This indicator is an indicator that is very easy to understand by novice traders and professional traders. Besides, you can determine between SELL AND BUY in a short time. But before that the mind must be more careful in paying attention to this indicator
This indicator is also one of the least used indicators in analyzing techniques, hopefully this article will be useful for you and can give you insight, especially when it comes to trading at an Olymp Trade broker.