ZZVolatility: A ZigZag Indicator Based on Volatility Stop
Summary
ZZVolatility is described as a ZigZag indicator built from the Volatility Stop concept. Its stated purpose is to display ZigZag points derived from that indicator, with an option to hide the Volatility Stop points in the settings. The document says the indicator recalculates when a new candle opens, which is relevant to how often its displayed values are refreshed.
The description provides no formula, parameter details, chart examples, or performance evaluation. It does not explain how turning points are determined, whether past signals can change, or how the indicator should be used in a trading system. As a result, it offers a brief account of the indicator’s construction and display controls, but insufficient evidence to assess signal quality or suitability for a particular market or timeframe.
Key ideas
- The indicator combines a ZigZag display with the Volatility Stop concept.
- Users can disable the display of Volatility Stop points in the settings.
- The indicator recalculates when a new candle opens.
- The description gives no formula or evidence about signal quality.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.