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Market Intelligence › Basic Terminologies
A drawing tool that removes small moves and shows only big swings.
Published by The Retail Trader · JUL 31, 2026 · Indicators
ZigZag — a drawing tool that removes small moves and shows only large swings. It repaints, so not for the signal, but for reading the structure.
This term comes under Indicators, in the "And TOOLS that appear every day" section. These are not as famous as RSI and MACD, but their names are often heard on charts:
Other terms in this group — understanding them together is more useful:
• Keltner Channel
• Donchian Channel
• Williams %R
• CMF (Chaikin Money Flow)
• Accumulation / Distribution Line
• Awesome Oscillator
• TRIX
• Aroon
• Vortex
• Elder Ray (Bull / Bear Power)
• Linear Regression Channel
• Supertrend Multiplier
To read the entire group and all its examples in one place, see the journal "INDICATORS: FORMULA TOOLS" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.