Adaptive ZigZag Context v1 (Stable)

Adaptive ZigZag Context v1 (Stable) is a versatile swing structure indicator that adaptively detects pivot highs and lows while providing higher timeframe context. It helps traders visualize market structure, trend bias, and potential reversal points with stable signals.

Key Features:
Detects swing highs and lows adaptively using a configurable pivot leg length.
Draws ZigZag lines connecting confirmed pivots for clear market structure visualization.
Highlights higher timeframe trend bias using EMA and background color (green for bullish, red for bearish).

Usage:
Analyze market swings and identify potential reversal zones.
Combine with other indicators for trend confirmation.
Useful for multi-timeframe analysis with higher timeframe EMA context.

Important Notes:
This indicator does not provide performance guarantees.
Past behavior does not imply future results.
Traders are encouraged to use this tool alongside other analysis techniques and risk management strategies.