Sylvain Zig-Zag [Mark804]

> Overview:
The Sylvain Zig-Zag [Mark804] is a premium trend-tracking and structural turning-point indicator designed to identify precise market reversals, swing points, and support/resistance zones using a dynamic ATR-based Zig-Zag logic.

> Key Features:

Dynamic Zig-Zag Algorithm powered by ATR, percentage moves, absolute and tick-based reversal logic.

Support & Resistance Zones auto-drawn from key swing points for real-time structural mapping.

New Trend & Continuation Icons highlight trend shifts and extended moves with visual clarity.

Customizable Colors & Line Widths to match your chart’s style or branding.

Live Bar Coloring based on bullish or bearish trend structure.

Highly Configurable: Adjust ATR period, reversal %, tick distance, absolute threshold, and more.


> Ideal For:
Swing Traders looking for clean structural highs/lows
Smart Money Concept (SMC) practitioners
Price Action traders
Support/Resistance zone mappers
Those who value premium visuals and minimal clutter


> How It Works: This Zig-Zag engine calculates new swing highs or lows using a hybrid logic combining:
ATR-based price movement filter
Reversal percentage confirmation
Optional absolute price or tick-based padding
It plots each pivot, draws connecting lines, and generates real-time support/resistance levels based on recent pivots.

> Visual Enhancements:
Multi-layer polylines for deep contrast and style
Optional trend labels (e.g., "Up Trend", "Down Trend")
Transparent multi-line S/R stacking
Real-time continuation icons for ongoing strength

> Note:
This indicator is Pine Script v5 compatible and follows TradingView's latest visual architecture. Publishing-ready. Fully customizable