ZigZag
Category: market_structure
Connects swing highs/lows above a threshold. REPAINTS BY DESIGN — the last leg moves until confirmed. Analysis/labeling only, never a live entry signal.
Formula
Pivot confirmed when price retraces > deviation% from the running extreme
Inputs
- deviation (default: 5)
- depth (default: 12)
See signal primitives, usage in published strategies and more on WOBR StrategyVerse.