There are several advantage of using this tool to calculate the ZigZag indicators.
1. This simple tool produces the ZigZag indicator values for multiple cycles. It produce the ZigZag indicator values up to four different cycles from Cycle 0 to Cycle 3. Cycle 0 is the smallest ZigZag cycle and Cycle 3 is the largest ZigZag cycle.
2. This simple tool produces the ZigZag indicator values + turning point probability corresponding to each ZigZag point. In another words, you can find out what is the turning point probability at each ZigZag point. This can help you to predict the Stock market or Forex market.
How to use this free tool is really simple.
Firstly, load the data.
Secondly, click on “Perform Fractal Decomposition” Button.
Thirdly, go to ZigZag indicator page. With right mouse click, you can either copy the data to clipboard or you can save the ZigZag data to CSV file.
It is as simple as ABC. However, this is a powerful tool that can predict the Stock market. This is free tool. You can free to use this tool and free to share this tool on online.
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