ZigZag chart
ZigZag records confirmed price pivots after a configured percentage, absolute or ATR-based reversal and does not invent intrabar high-low ordering.
Plain-language meaning
ZigZag records confirmed price pivots after a configured percentage, absolute or ATR-based reversal and does not invent intrabar high-low ordering.
Why it is useful
ZigZag chart is useful as descriptive evidence when it is compared on the same definition, source, period, unit and exact listing. It is one input to research, not a verdict.
Where it appears in XMarketRadar
Look for ZigZag chart in Advanced Chart settings, indicator panels, screeners and technical research for the selected listing and bar interval.
How it is calculated or sourced
Confirm pivots only after the selected scalar reverses by the configured percentage, absolute or ATR threshold. The last leg can remain provisional until a reversal confirms it, and XMarketRadar does not invent intrabar high-low ordering.
Inputs, period and unit
Read the disclosed inputs or source, observation period, bar interval, unit, native currency and scale. A value without its source and as-of context is incomplete; unlike units must not be combined.
Worked example
Illustrative only: a user reviews ZigZag chart over a stated 20-bar or FY2026 period, checks the displayed source, unit and as-of date, and keeps an absent field as — rather than guessing 0.
What high and low mean
A higher or lower ZigZag chart value is descriptive, not automatically good or bad. Meaning depends on the instrument, comparison period, method and related evidence.
Positive, negative and genuine zero
Positive and negative ZigZag chart values retain the definition shown here. A genuine reported or computed zero is displayed as 0 and is not the same as missing evidence.
Limitations and common mistakes
ZigZag chart may differ by provider definition, observation time, instrument and venue. Common mistakes are dropping units or dates, comparing unlike scopes, and treating a missing value as zero.
Market-specific differences
The concept is used across all supported markets, but currency, price scale, session calendar, source field and regulatory definition can differ. XMarketRadar preserves the exact exchange context.
Suggested next steps
Open the related Technical analysis terms below, then follow the matching Help Centre task guide and inspect ZigZag chart on an exact exchange listing. Confirm source, as-of time, units and unavailable reason before using it in research.
Educational information only; not investment advice or an order service.
This ZigZag chart tutorial is educational and descriptive. It is not investment advice, a price prediction, a recommendation, or an instruction to buy, sell, rebalance or place an order.