How to using ZigZag indicator to analyse price movement in Olymp Trade

Stochastic indicator How to using ZigZag indicator to analyse price movement in Olymp Trade
Stochastic indicator How to using ZigZag indicator to analyse price movement in Olymp Trade

العربية 简体中文 हिन्दी Indonesia Melayu فارسی Português Русский Español ไทย Türkçe Tiếng Việt

What is ZigZag indicator?

ZigZag is an indicator that is used to analysed the movement of price. This indicator does not provide the forecast for price trend in the future but by using this indicator, you can understand how price changed in the past.

When displayed, the indicator links the top and bottom of price and create a chart that help you easily see the top and bottom of price in the market.

How to set up ZigZag indicator in Olymp Trade

On the left side of the screen, you click Indicator tab and choose ZigZag, which is a yellow line which connects the tops and bottoms of price.

How to set up ZigZag indicator in Olymp Trade
How to set up ZigZag indicator in Olymp Trade

You can adjust ZigZag by changing its depth in toolbar. The smaller is the depth value, the narrower is the time frame that ZigZag refers to. On the contrary, the bigger is the depth value, the larger is the time frame that ZigZag refers to and it may ignore short term fluctuation.

Zig Zag indicator in Olymp Trade
Zig Zag indicator in Olymp Trade

How to use ZigZag indicator to analyse price movement in Olymp Trade

Looking at the chart, you can easily grasp the zone in which price moves as well as the top and bottom of the market. Using those information, you can make your own estimate.

How to use ZigZag to analyse price movement in Olymp Trade
How to use ZigZag to analyse price movement in Olymp Trade

ZigZag indicator does not provide you with an obvious sign to buy the Fixed Time Trade, but you can use ZigZag to estimate price movement and price reversal so that you can take appropriate actions.

Wish you success!

العربية 简体中文 हिन्दी Indonesia Melayu فارسی Português Русский Español ไทย Türkçe Tiếng Việt

How to using ZigZag indicator to analyse price movement in Olymp Trade
4.1 (82%) 132 reviews

LEAVE A REPLY

Please enter your comment!
Please enter your name here