📈 Struggling to see the trend through all the market noise? The Zig Zag indicator filters out smaller price moves and connects key highs and lows with straight lines.

The indicator makes it easier to spot the main trend, gauge the size of price swings, draw support and resistance levels, and identify Elliott wave patterns.

🔍 However, Zig Zag doesn't predict price movements, and its latest line segment can change as new price data comes in.

Our new article explains how to read Zig Zag signals, what the indicator does well, where it falls short, and how to use it in your trading.

🔍 Different trading instruments can have different contract sizes, minimum volumes and overnight swap rates.

Check the contract specification before opening a trade to understand the trading conditions and calculate your position size correctly. You can find it for every instrument in LiteFinance terminals.

👇 Do you check the contract specification before trading a new instrument?