instead of the traditional "pivot points" that are by definition lagging by a large lookback period, the (almost-) Zero Lag lags by about 2 bars on average (depending on the candles forming)
The pattern can be used to draw and S/R lines
It can also be used for "wave counting" in a way that reduces interpretation.
If you find other uses, please leave your ideas in the comments!
Shoutout to Everget for the awesome Jurik code!!
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
A little tip is always nice!