Fast ZZ Indicator with DiNapoli Target Levels & Time Targets
The Fast ZZ Indicator with DiNapoli Target Levels and Time Targets is a bit different from the usual ZigZag tools. It still shows the important swing points, but the more useful part starts after the swing is already there. The indicator takes that structure and projects several price targets and timing levels forward on the chart. I like the fact that it gives you something to watch without trying to tell you exactly what price is going to do. Some of the DiNapoli levels will be ignored completely, while others suddenly become interesting when price starts slowing down or reacting nearby. The time projections add another angle as well, especially when they begin to line up with one of the price targets. That does not mean every projected level will matter. Far from it. But that is actually what makes the indicator useful for me. You can watch how the market behaves around these areas and decide for yourself whether something is developing there. Sometimes nothing happens. Sometimes one of those levels becomes the most interesting part of the chart.