Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Pivot legs | 10 | 2 to 500 |
| Envelope width (%) | 5 | 0.01 to 100 |
| Price label | On | On, Off |
| Price change label | Off | On, Off |
| Percentage label | Off | On, Off |
| Bar count label | Off | On, Off |
| Volume label | Off | On, Off |
What it plots
Drawn on the price chart, on the same scale as the candles.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Confirmed | Price | Segments | after 11 candles |
| Provisional | Price | Segments | after 11 candles |
Questions
What are the default settings of Zig Zag?
The defaults are Pivot legs: 10, Envelope width (%): 5, Price label: On, Price change label: Off, Percentage label: Off, Bar count label: Off, Volume label: Off. You can change every setting on the live chart.
Can I use Zig Zag for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.