how will you measure zig zag motion
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Explanation:
How To Calculate the Zig Zag Indicator
- Choose a starting point (swing high or swing low).
- Choose % price movement.
- Identify next swing high or swing low that differs from the starting point = > % price movement.
- Draw trendline from starting point to new point.
- Identify next swing high or swing low that differs from the new point = > % price movement.
- Draw trendline.
- Repeat to most recent swing high or swing low.
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