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Random article: Zig-Zag indicator
Zig-Zag indicator is a famous indicator (overlapping) represented by lines that connect extreme prices (minimum and maximum).  Zig-Zag measures price changes as percentage and ignores those does not matching certain criterion. In other words, Zig-Zag is a price filter of a particular kind, because it is able to filter insignificant fluctuations of price. Until change for a scheduled percentage takes place, the line moves along with price. When price changes for the value beyond scheduled value , the line takes a reversal into another side. Thus, chart price is formed by curves (zig zag).
Popular article: Swap Forex
Swap – is the retention or accrual amount settled in the process of overnight rollover of a trading position. Swaps are measured in pips and depend on direction of opened position and on the difference in the interest rates of Central Banks of states, which currencies constitute currency pair. Settlement and fixation of swaps take place in the last minutes of a trading day as per time of server (from 11:59 p.m to 00:00). Also there is a rule settling triple swaps for rollover from Wednesday to Thursday night, whereas swaps incurred from Friday to Monday are taken as for one time. If rollover of a position takes place during holidays, when the market is closed, swaps are respectively computed for the number of holidays falling to business days.
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