Hello,
The XigXag indicator can be used for Elliot wave studies to identify waves. Another usage is in pattern detection. Check the AB = CD pattern identified in the image. The retracement levels are measured with the Fibonacci tool.
Regards
XigXag.zip (2.68 KB)
http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/xigxag.html
