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V. 21:11 (103-113): Traders' Tips by Technical Analysis, Inc.

V. 21:11 (103-113): Traders' Tips by Technical Analysis, Inc.

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Traders Tips by Technical Analysis, Inc.

TRADESTATION: ZIGZAG TREND INDICATOR

Spyros Raftopouloss article in this issue, The Zigzag Trend Indicator, describes a method of deducing trend from reversal filters. In earlier articles, Raftopoulos described methods for charting zigzags, but his zigzag validity indicator only displayed the locked high and low, not the moment when the retracement criteria were met. Raftopouloss new zigzag trend indicator, described in this issue, can now display this previously undisplayed information on the chart.
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