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Finance

Stock marke based on ZigZIndictaor!

Estimated read time 2 min read

The ZigZag

The stock market is the place where financial institutions or traders exchange their properties, bonds etc.  It allows us to earn money. But investing in the stock market is a very risky phenomenon as everything is based on the investor. The buying and selling of shares is the sole responsibility of the individual and his concise and choices.

Why use zigz calculator?

No one else has anything to do with the rise or fall luck in it. However, with the help of the Zigz or the ZigZag indicator as commonly called, one can lower the risk of fluctuating stock investment and bring better exchange options.

  • It notifies about the Price change in the stock market.It also notifies about the price trends. And ultimately protects us from any price fluctuation.When it highlights the lower and higher trends, it also decreases the level of noise.Its function is best seen when it works under the trending stocks market.In a given chart, it plots the points.
  • This happens when there is a reverse price from the preceding chosen price.It then draws straight lines to connect these points, and a graph is made.It ultimately becomes an indicator in this manner telling about the fluctuations in the price change trend. Zigz graph work in integration with the Elliot Wave theory.
  • The Elliot Wave theory help in determining the overall wave cycle of the total fluctuation happening. Stocks have different gradient patterns in the charts, so it depends on the traders to see the exchange’s security.

Conclusion

Usually, there is the presentation of these ZigZag lines only when the fluctuations of trends happen between Swing high and low, generally greater than 5%. Thus, by noticing the price change for a minor period graph carefully only can easily find out about the trend in a price change.