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Auto ZZ SR Indicator

Auto ZZ SR Indicator

  • This indicator automatically draws trend lines using ZigZag top and bottom points. The more ZigZag tops/bottoms that are used, the greater the number of possible combinations. Therefore, the more possible trend lines can be drawn. And vice versa too. The fewer ZigZag tops/bottoms that are used, the lower the number of possible combinations. And therefore, the fewer the possible trend lines can be drawn. The indicator constantly updates the trend lines on the chart as the market progresses. The indicator will work on any type of account, account #, or chart. All settings are adjustable.


Settings:

  • # of ZZ Tops/Bottoms - The number of ZZ tops/bottoms in the past that will be used for drawing the trend lines. The higher this number, the higher the possible combinations will be considered. Which means the more support/resistance lines will be drawn.
  • Support Color - The color of the support trend lines.
  • Resistance Color - The color of the resistance trend lines.
  • ExtDepth, ExtDeviation, ExtBackstep - These are standard ZigZag indicator settings.


Notes:

  • The ZigZag indicator will not be shown by default. However, the ZigZag indicator can be drawn on the chart if you want. To do this, simply choose a color in the 'Color' tab.
  • IMPORTANT: Check out our site using the link in my profile to find other FREE indicators and EAs!

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Martin Eshleman
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Summary: This EA places a single trade at a time in a RANDOM direction (buy or sell) and uses a simple TP & SL. A lot multiplier is also optional. Once a trade hits TP/SL, it will place another trade in a random direction. And so on. Since it only ever has 1 trade open at a time, it can be used on any broker. Which means it can be used on US brokers with the FIFO rule. Inputs are few and everything is based in Points too. So it can be used on any chart reliably and easily. You will be amazed how
FREE
Fibonacci SR Indicator
Martin Eshleman
3 (2)
Fibonacci SR Indicator This indicator creates support and resistance lines. This indicator is based on Fibonacci Retracement and Extension levels. It will consider many combinations of the Fibonacci levels and draw support/resistance lines based on these. This indicator uses tops and bottoms drawn by the ZigZag indicator in its calculations. The ZigZag can also be drawn on the chart, if necessary. The indicator considers many combinations of past reversal points and Fibonacci ratio levels, and
FREE
Custom Pattern Detector Indicator This indicator lets you define your own custom pattern instead of the typical candlestick patterns. Everybody already knows about common candlestick patterns like the Doji pattern. This indicator is different though. The pattern you will define is a custom pattern based on CANDLE FORMATIONS . Once the indicator knows the pattern you want it to look for, then it will go through history on the chart and find matching patterns, make them visible to you, and calcul
FREE
Summary This indicator is based on RSI and Momentum indicators. It also considers moving averages of these two indicators. The three indicators have adjustable settings. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. The arrows can be used in the EA and the inputs can also be optimiz
FREE
MA RSI Arrows
Martin Eshleman
4 (3)
Summary This indicator is based on the MA applied to the RSI indicator. It draws arrows at the confirmed crosses of the MA over the RSI line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. Inputs All inputs
FREE
MA Momentum Arrows
Martin Eshleman
4.67 (3)
Summary This indicator is based on the MA applied to the Momentum indicator. It draws arrows at the confirmed crosses of the MA over the Momentum line. When the MA crosses upwards, then a buy arrow is displayed and vice versa. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. Inputs A
FREE
Cycles Predictor Indicator This indicator uses past market cycles to predict future price movements. The indicator scans through past data and considers  combinations  of cycles. When cycles  coincide  at the same future date/time then it is considered a valid future prediction. The predictions are drawn as vertical lines on the right side of the chart in the future. A prediction will often result in type of candle (ex. bull or bear) and/or a reversal point (ex. bottom or top) forming at this ex
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Version 1.10 2024.03.01
- Removed an unnecessary input for deleting lines.
- Changed input names to be more user-friendly and readable.
- Misc. small changes for increased performance.
- Other small changes not worth detailing.