Zig Zag helps to identify trend reversals and filters out relatively small price movements by determining the support and resistance levels of the market.

It accepts a percentage of deviation as the input and displays a line if the price change is larger than the percentage of deviation.

Zig Zag ignores any sideways movement and is useful to filter out “market noise”.

On Deriv’s DTrader, you can use Zig-Zag for free and apply it on any chart you want.

To log in to Deriv’s DTrader, go to Deriv Official Website.

Go to Deriv Official Website