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 Raftopoulos’s 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. Raftopoulos’s new zigzag trend indicator, described in this issue, can now display this previously undisplayed information on the chart.




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