Description
- Determines the current market bias:
- Bullish / Bearish
- Uptrend / Downtrend
- Validates wave rules such as:
- Wave overlap conditions
- Relative wave lengths
- Impulse continuation probability
Example shown:
Wave: 2 (Impulse)Bias: Bullish / Up
2. ZigZag Swing Detection
- Uses a ZigZag algorithm to identify:
- Swing highs
- Swing lows
- Market structure turning points
- Helps simplify price action and wave counting.
The green/orange connected lines on the chart repre
Summary
Indicator profile
Indicator category
Trend
Output type
Signals
Data requirements
Bars only
Supported signals
Volatility
Discussion
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FAQ
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