On kite there is a zigzag indicator … Correct me if I’m wrong … this zigzag indicator gives us the swing high and Swing low ???
If yes then can this be used for positional trades
2 Likes
The zigzag indicator like any other indicator would be best used in confluence with other indicators or price action…that is chart pattern, support, and resistance.
Since they’re generally used to finds trend reversals, you can use it along with occurance of news/events as well.