The technical indicator ZigzagFr v1 is a ZigZag indicator calculated on a Fractals indicator.
The algorithm of the indicator ZigzagFr v1 allows it not to repaint.
Broker - Online Broker : Metatrader Platform MT4
Interpretation Trading Signals & Trading Rules
* Bull trend
. The indicator ZigzagFr v1 marks a lower price of prices (hollows) - Purchase signal
Tip: wait for the upward break of the previous peak to open a long position
* Trend down
. The ZigzagFr v1 indicator marks a higher price point (pic) - Signal of sale
Tip:
