Hey traders! If you're looking to enhance your trading game, let me introduce you to the Double ZigZag indicator. This nifty tool draws virtual Buy and Sell levels right on your price chart, making it easier to spot opportunities.
Here's the scoop: the TP (Take Profit) and SL (Stop Loss) sizes can be customized in the settings. The indicator will then draw two distinct ZigZags. One ZigZag highlights the peaks and troughs of the Buy price movements, while the other focuses on the Sell price movements. It’s like having a roadmap to navigate the market!
Additionally, you'll notice horizontal lines marking the last levels of each ZigZag. These lines can be a game-changer for your trading decisions, helping you visualize the market trends and potential reversals.
Comments 0