Zigzag Trend Oscillator

The Zigzag Trend Oscillator system detects trends using a set of indicators and a set of algoritms.

This indicator can be used as a direct trend indicator or an auxiliary indicator.

is an easy indicator to use and understand. Green bars show the up trend. Red bars show the down trend.

PARAMETERS

• Space -  The gap adjustment is done from here.
• Labelshift - Label shift is set here.