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HZZ

This is a very fast and not redrawing ZiGZag; it supports switching the segments at breakouts of price levels located at a specified distance (H parameter) from the current extremum. MinBars parameter sets the depth of history for drawing the indicator; 0 means drawing on the entire history. SaveData parameter allows writing the coordinates of extremums to a file (time in the datatime format and price).

Some statistics calculated on the basis of the ZigZag is displayed in the form of comments.

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Rise or fall volume demo
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COSMOS4U AdMACD MT4
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COSMOS4U - D. Vezeris & Co, L.P.
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Detroit Trade v2
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Johnneid Amme Gomes E Silva
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Mustafa Doruk Basar
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
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Francesco Rubeo
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ScorpionFX
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Perfect Pennants And Triangles
Perfect Pennants And Triangles
ScorpionFX
(FOR MT4) Perfect Pennants and Triangles  (Breakout Scanner) Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles. IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you  to have excellent risk and reward ratios. And this is one of the most important factors  in the institutional
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FX Trend
FX Trend
Daniel Stein
You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
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Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
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Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an adva
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Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? A fixed period is usually used for such calculations. But is such approach relevant to the very nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Therefore, the nature of the market is better described by dynamic ranges designed for the processes occurring "here and
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High, Low, Open, Close — isn't this too much? Sometimes you need a unique history of prices. But if choose one thing, you lose the rest. Smoothing also leads to data loss. Often you lose one of the most important market details: information about extremes. It is due to the preservation of information about the highs and lows, the correct "smoothing" for the history of price is a zigzag. But zigzags also have drawbacks — they do not provide intermediate values. The Price Line indicator solves thi
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RTrends
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Nikolay Likhovid
The RTrends indicator does two things: first, it automatically draws the layout of the price chart by plotting trend lines and, secondly, it produces bearish and bullish signals. The layout reflects the fractal nature of the market. Trends from different time horizons are applied simultaneously on the chart. Thus, from a single chart a trader can see trend lines of higher timeframes. The lines, depending on the horizon, differ in color and width: the older the horizon, the thicker the line is. T
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Smart ZigZag
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Smart ZigZag indicator is a ZigZag, for which the market is actually not accidental. This is not mere words, as this can be confirmed by displayed charts comparing Smart ZigZag and HZZ parameters. But before I describe the screenshots, let's examine a few details concerning Smart ZigZag. This indicator analyzes the chart and identifies certain activity horizons assigning numbers to them. This can be called ranking. For example, M1 EURUSD chart from 4.01.1999 to 3.12.2013 has the average segment
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Growing Bands
Growing Bands
Nikolay Likhovid
Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? Usually such calculations use a fixed period, but does it reflect the nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Accordingly, the dynamic ranges built for the process occurring "here and now" suit the nature of the market better. The Growing Bands indicator u
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Maksym Mudrakov
25942
Maksym Mudrakov 2016.08.31 13:51 
 

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Rodrigo da Silva Boa
7141
Rodrigo da Silva Boa 2015.11.27 08:55 
 

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Vadim Strelkov
7810
Vadim Strelkov 2014.05.12 12:52 
 

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