DM ziggy lines..

Use on chart

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Understand What ZigZag Shows

The ZigZag connects swing points:

Up move (Bull leg) → identifies higher swing lows (potential start of uptrend)

Down move (Bear leg) → identifies lower swing highs (potential start of downtrend)

It doesn’t repaint here (since you used a non-repainting logic), so signals are confirmed once the line appears.

Entry Logic (Trend-Following Style)

You can trade in the direction of the last confirmed ZigZag leg:

Long entry idea

Wait for the ZigZag to plot a bullish leg (green line in your script).

Confirm the higher low (price doesn’t break below the last swing low).

Enter when a candle closes above the recent swing high or with bullish momentum (e.g., a bullish engulfing candle).

📉 Short entry idea

Wait for the ZigZag to plot a bearish leg (red line).

Confirm the lower high (price doesn’t break above the last swing high).

Enter when a candle closes below the recent swing low or with bearish momentum.

. Exit or Stop-Loss

Stop-loss: Place just beyond the most recent swing point (ZigZag high/low).

Take-profit: Use risk/reward (e.g. 1:2 ratio) or next opposite ZigZag point.

Example:

Long trade after green ZigZag up-leg → stop below last swing low → exit near next swing high (red ZigZag reversal).

Optional Enhancements

You can combine the ZigZag logic with:

RSI or MACD → to confirm momentum.

Moving averages → to confirm overall trend.

Volume spikes → to confirm strong swing reversals.