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Access the CodeBase from your MetaTrader 5 terminal
Couldn't find the right code? Order it in the Freelance section
How to Write an Expert Advisor or an Indicator
The indicator sends a signal at the moment the price crosses a given level, using alerts and push notifications
ZigZag BOS CHoCH Detection indicator is based on the original MetaQuotes ZigZag algorithm and extends it by detecting and marking market structure events. It tracks recent ZigZag swing points and automatically identifies Break of Structure (BOS) and Change of Character (CHoCH) using pivot trend confirmation. BOS and CHoCH levels are drawn directly on the chart with labeled horizontal lines for clearer price action analysis.