The ZigZag is most successful in conjunction with other technological analytics devices. These includes fractals, bollinger bands, or elliott wave structure, traditional. These combinations can further extend the indicator’s capabilities. Like several other technological metrics, ZigZag does not forecast future demand activity. It rather indicates their actions in the past. Because of its design, you will have more information by using the zigzag indicator with other indicators. The zigzag indicator should be able to screen out lesser price change for you when used in combination with other indicators. You should be able to disregard the noise in the market and see the bigger picture.
The ZigZag indicator fits very well with a channel predictor such as
Bollinger Bands: the integration of both metrics allows details to be viewed very accurately. As we have said earlier in this guide, the ZigZag indicator allows you to do two things perfectly. To show the formation of a new wave of Elliott and to determine the currency instrument trend. Hence the ZigZag is often used as a method in approaches focused on measures to access patterns.