If a zigzag has proved reliable, then the average should be very close to 50%, and you would expect a narrow range shown by the standard deviation. 3 numbers are provided, one standard deviation below the average, the average, and one standard deviation above the average. Line %: this is the point at which the line which connects the peak and trough (the line from the start to the end of the zigzag pattern) is crossed by the 'crossing line' or 2nd leg of the move.

There are 3 statistics provided for each cycle. The third leg is the final move from the peak reached during the second leg down to the target trough.The second leg will be a move up towards the greatest magnitude cycle that must form a peak before the target trough.

The first leg will be a move down to the greatest magnitude cycle that must form a trough on the way down to the target trough.

The Zig-Zag tool provides us with a three leg move down from a peak of a particular cycle to the trough of that same cycle. It will then be possible to display the zig-zags for the different cycles. Then you must open the dropdown zig-zags submenu and click on 'Calculate zig-zags'. To use the zig-zags in Sentient Trader you must make sure that you have a Trough&Peak analysis on your chart. The Zig-Zag tool helps us to understand the shapes that cycles are going to form in the market. Zig-Zag lines are based upon the tendency that price has to move between a trough (in the trough analysis) and a peak (in the the peak analysis) of the same magnitude, and can be useful for clarifying price movements.

Zigzag lines