# ZigZag Traders who use Elliott waves in their trading frequently use the ZigZag indicator to identify waves. The indicator will also be useful for determining the current trend and plotting a trend line.

Chart with ZigZag indicator

#### **Indicator settings** ![](https://s3-eu-central-1.amazonaws.com/euc-cdn.freshdesk.com/data/helpdesk/attachments/production/80119141038/original/YsCaHKtcXwAXVAteFZzd-g2fx9r0tZebXw.png?1656949839) #### Parameters | Name | Description | | --------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Depth | Depth is a parameter that sets the minimum interval at which the indicator will build a new extremum if the condition for the Deviation parameter is met. Measured in the number of candles, the default value is 12. | | Deviation | Deviation sets the minimum amount of price change required for the indicator to form a maximum/minimum on the symbol chart. Measured as a percentage, the default value is 5. | | Backstep | Step is the minimum number of candles that should be between local extrema. A new minimum/maximum will not be built on this section if it differs from the previous one by the value of the Deviation indicator. The default value is 3. | #### Charts | Name | Description | | ----------- | ------------------------------------------------ | | Chart | Enable or disable display of the chart. | | Marker | Enable or disable display of the marker. | | Chart type | Selection of the type of chart. | | Split color | Possibility of splitting the color in the chart. | | Color | Selection of the chart color. | | Line width | Selecting the chart line width. | | Line style | Selecting the chart line style. | #### Indicator | Name | Description | | ----------- | -------------------------------------------------------------------------- | | Indicator | Enabling or disabling the indicator display on the chart. | | Name | Enabling or disabling the indicator name display in the information line. | | Values | Enabling or disabling the indicator value display in the information line. | | Markers | Enabling or disabling the indicator markers display on the scale. | | Calculation |

Select when the calculation will be performed.

| | Area | Selection of an area to display the indicator. | --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://support.tiger.com/english/windows/chart/main-indicators-in-chart-window/zigzag.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.