zigzag with macd

unique system, basically it uses divergence method, right? but combined with zigzag

The zigzag with MACD strategy is a popular forex trading strategy that combines the use of the zigzag indicator and the MACD oscillator. The zigzag indicator is used to identify trend reversals by filtering out market noise and highlighting significant price movements. The MACD oscillator is used to confirm trend direction and identify potential entry and exit points. Traders use this strategy to capture trend movements while avoiding false signals. The zigzag with MACD strategy involves waiting for the zigzag indicator to form a swing high or low, then using the MACD to confirm the trend direction and enter a trade. Stop loss and take profit levels are set based on the trader's risk tolerance and market conditions. Proper risk management is essential to maximize profits and minimize losses.

Zigzag and MACD is good combination trading strategy, the MACD has many function to identity the trend based overbought and oversold, and also looking divergence signal. Meanwhile zigzag is useful to identity reversal pattern, however risk management is needed because sometimes indicator gives false signal.