Overview of the Indicator
idealzzp 1.00 is a simplified zigzag-style indicator that connects significant swing highs and lows on the chart. It filters out small price fluctuations and highlights the main directional moves, making market structure easier to read.
By drawing straight lines between meaningful turning points, it helps traders quickly identify trends, pullbacks, and potential reversal zones without unnecessary noise.
How to Use It in Practice
Use the indicator to visualize higher highs and higher lows in an uptrend, or lower highs and lower lows in a downtrend. This makes it easier to confirm trend direction at a glance.
It is also useful for identifying wave structures, breakout levels, and areas where momentum shifts. Many traders combine it with support and resistance or Fibonacci tools to refine entries and exits.
Parameter Explanations
Minimum price percent in a ray
Defines the minimum percentage price movement required before a new swing line is drawn. A smaller value makes the indicator more sensitive and produces more swings, while a larger value filters out minor fluctuations and focuses on stronger moves.
