ZigZag Pointer Daily Time Frame Trading System

Forex ZigZag Pointer Daily Time Frame Trading System – The zig-zag indicator is used to help identify price trends. The indicator eliminates random price fluctuations and attempts to show trend changes. By filtering out minor price movements, the indicator makes trends easier to spot.

Although the zig-zag indicator does not predict future trends, it helps identify potential future areas of support and resistance from the swing highs and swing lows it plots.

• Time Frame: D1
• Currency Pairs: GBPUSD, EURUSD, GBPJPY, and USDJPY

 

• ZigZAg Pointer
• ZZ Xard
• ZigZag 1
• a-ang Zad
• Data Window
• RSI

 

• ZigZag Pointer: Lime arrow
• a-ang Zad: Blue line > Red line
• Data Window: Lime color (Bullish)
• RSI: Above the level 55 line

 

• ZigZag Pointer: Red arrow
• a-ang Zad: Blue line < Red line
• Data Window: Red color (Bearish)
• RSI: Below the level 45 line