Zig Zag(auto Horizon lines) — Indicator by xinolia

supportandresistance zigzagindicator zigzag

A guy who automatically draws a horizon from the top of the zigzag
*Gray horizon may be repainted
The horizon of the characteristic price in the past reacts well, so it is used for contrarian

ジグザクの頂点から、自動で水平線を引く奴です
※灰色の水平線はリペイントする可能性があります
過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です

Release Notes:

update: add alert

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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