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ZigZag

Zig Zag is an overlay which attempts to filter out random noise and compare relative price movements. The Zig Zag can be set to filter out minimum price changes and ignore those that do not meet the criteria. The Zig Zag minimum price movements are set in percentage terms, meaning that until price changes by the set percentage no line will be drawn. If the price reverses greater than the specified amount then a line will be drawn.

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