Friday, March 24, 2017

Katong Zigzag

Katong Zigzag


This indicator is a modification of the original zigzag. I usually use the indicator on the GBPUSD with timeframe H4.


This indicator works best in trending markets.


The indicator shows:



  1. When combined open positions (two positions in one direction)

  2. Confirmation of the trend (always use the take-profit and stop-loss)

  3. Weekly breakdown Monthly breakdown


The red arrow indicates the trend confirmation. It works best in conjunction with other indicators.


Katong Zigzag

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