ZIGZAG CALIBRATION TOOLS - indicator for MetaTrader 5

Purpose

This is not just a regular ZigZag.
It has been designed as aprecise visual reference tool to helpbalance or analyze other indicators, whether on the main chart or in sub-windows.

It worksonly with confirmed ZigZag values, ensuring that the displayed points are fully reliable.
Each detected move is enriched with key information:

• Theperiods defined by the ZigZag

• Theexact price of the top or bottom

• Thedirection and movement

• Thenumber of pips covered

All this is displayed in a clear way and can befully disabled via simple checkboxes in the settings.

Main Features

1. Custom ZigZag

   • Adjustable colour, thickness, and style

   • Option to turn ZigZag display on/off

2. Visual Markers

   • Colored vertical lines for each top and bottom

   • Distinct colours for highs and lows

   • Perfect alignment with the corresponding bars

3. Dynamic Labels

   • Price display + direction symbol (triangle ▲ or ▼)

   • Number of pips between two ZigZag points

   • Adjustable font size and color

   • Smart positioning to avoid overlapping with price candles

4. Full Control

   • Boolean parameters to toggle ZigZag and labels independently

   • Option to limit the number of analyzed bars for better performance

   • Automatic removal of all indicator objects upon uninstall