Chart tool
Your Z, your P. On the Pro chart.
A marking tool made by one of our partners. Mark the two ends of a move, and ZonePips draws two levels to watch, Wave 1 and Wave 2. While it is on, the rest of the chart steps aside.
XAU/USD · H1Illustration
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How it works
- Pick the pair, then BUY or SELLWith the buttons above the chart: gold, GBP/JPY, GBP/USD or BTC/USD. The side decides which end of the move is Z.
- Tap Z, then POn a BUY, Z is the low of the move and P the high. On a SELL, Z is the high and P the low.
- Read Wave 1 and Wave 2Measured from the size of the move, both run from P back towards Z: Wave 1 nearer P, Wave 2 further back.
- Fine-tune itDrag Z or P, nudge them a pip at a time, or snap them to the candle's high or low. The waves follow. Each pair's marking is remembered on this device.
- Before / AfterTake a screenshot when you mark and another one later, then download the two side by side to compare.
A marking tool, not a trade signal. Educational purposes only · Conduct your own analysis · Manage risk