your Zig-Zag index is a really useful instrument for determining the fashion, support
and resistance areas, in addition to for recognizing classic
graphical patterns such as “Head and Shoulders”, “double Bottom” and
“Double shirt”.
This is a multi-timeframe index.
The index automatically calculates another 3 accessible timeframes and brings a zigzag based on these timeframes.
The indicator cannot be used on a timeframe older compared to daily one (D1).
For the product to work in the Indicators/examples directory, that you must have a ZigZag indicator.