such as 2%, will filter out noise in stable markets. Short-term traders would generally use lower thresholds while long-term traders would use higher thresholds. The Zig Zag indicator is a tool ...

You can spot the zig-zag letters from their zig-zag lines. Let's look at the ‘V’ here. That down up movement makes the zig-zag. ‘W’ is the same, only with more diagonals. Down, up ...