MarketGurukul's video: Zig Zag Indicator Right way to use - Hindi

Zig Zag indicator is the most misinterpreted indicator in the trading world. Some of it's popular interpretations are not only false but extremely dangerous for your hard earned money in your trading account. In this video first I would like to explain you, what Zig Zag indicator does not do, and then I would give you how they are supposed to be interpreted and used. You can read more about this indicator here http://www.investopedia.com/ask/answers/031115/how-do-i-use-zig-zag-indicator-create-forex-trading-strategy.asp Also understand the 3 most important parameters of Zig Zag Indicator : Depth, Deviation and Backstep. This will not only give you the idea how it works, but also it's limitations and strength. All Elliot Wave and ABCD pattern traders should look into Zig Zag indicator. I have briefly also tried to explain 'What is a Repainting Indicator?" quite important to understand because otherwise you will fall prey to many marketing gimmicks, and would be duped of your hard earned money. So friends, have look, learn and grow... God bless you all.