The Channel Zigzag Indicator is an advanced and distinct version of the classic Zigzag line indicator available on the "MT4" platform.
Similar to its traditional counterpart, the Zigzag indicator features a dynamic line that simplifies market fluctuations by filtering out price noise.
The Channel Zigzag Indicator can draw a dynamic channel around the trend, representing support and resistance zones.
Additionally, this MT4 Trading Assistant indicator records the numerical value of changes in recent steps for comparative analysis.