The ZigZag feature on SharpCharts is not an indicator per se, but rather a means to filter out smaller price movements. A ZigZag set at 10% would ignore all price Zig Zag Indicator - Definition of Zig Zag Indicator on Investopedia - A trend following indicator that is used to predict when a given security's momentum is reversing.Zig Zag technical analysis indicator, used to identify large trends in stock, futures, or forex markets, how to interpret the Zig-Zag % and points indicator. ZigZag - Trends Indicators - Technical Indicators - MQL4 Technical Analysis
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