• Overview
  • Reviews (8)
  • Comments (13)
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ZigZag on average for MQL5

This is a well-known ZigZag indicator. But it differs by the fact that its plot is based on values of the middle line which is set by a user. It can display Andrews’ Pitchfork and standard or Bobokus Fibo levels. NO REPAINTING.


Parameters

  • Period МА — middle line period. Default value is 34. Minimum value is 4. Maximum value is set at your discretion.
  • Used to calculate price — type of price used for the midline calculations.
  • The averaging method — type of smoothing for the middle line.
  • Turning pitchfork — enable (true) or disable (false) Andrews’ Pitchfork.
  • PitchColor — Andrews’ Pitchfork color.
  • Inclusion levels Fibo — enable (true) or disable (false) Fibo levels.
  • Installing Fibo Bobokus levels — use Bobokus Fibo levels (true) ot standard Fibo levels (false).
  • Distance to turn Fib levels Bobokus — distance in points between spots of the last movement to visualize Bobokus Fibo levels.
  • Color Fibonacci zone — Bobokus Fibo levels color.
  • switch (OFF) display support and resistance levels — show (hide) support and resistance levels.
  • switch (OFF) display channels support and resistance — show (hide) support and resistance channels.

Customize here the color scheme and the width of lines. Please note the following construction specifics of support and resistance lines. They only appear where trend direction changes, so they are a good assistant in detecting entry/exit points. Also note the "traces" of previous channels, which appear as short trendlines on the zigzag tops (bottoms). This indicator provides more you confidence in trade decision making.

Reviews 8
Devonish
1762
Devonish 2021.09.10 23:51 
 

I like it. early days, but looks promising. Thank you for sharing and continued support of this indicator.

33359
72
33359 2021.06.23 06:16 
 

Хороший индикатор.

Kerol Annwar
118
Kerol Annwar 2021.06.03 06:37 
 

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This Indicator draws Fibonacci Extension levels in two different ways. You can select whether to draw Fibonacci Extension levels based on your favourite ZigZag settings or you can let the indicator to draw Fibonacci Extension  level based on given number of Bars or Candles.  You can also set Mobile and Email notification for your favourite Extension  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your
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TPA True Price Action MT5 Indicator
TPA True Price Action MT5 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Trend Semaphore Indicator
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Rodrigo Silva
TSI - Trend Semaphore Indicator Work tool developed to display the force of movement. This tool was developed for Trend Following strategies. Recommended for all types of traders. Can be used in any instrument and market. Can be used in any period of time. Trend indication using multicolored candles. New trend A new trend is signaled by the changing colors on the chart's candles. The indicator indicates the upward trend with the green color, the downward trend by the red color and weak moveme
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Supply Demand RSJ PRO
Supply Demand RSJ PRO
JETINVEST
The indicator Supply Demand RSJ PRO calculates and plots the "Supply" and "Demand" zones on the graph, identifying the type of Zone (Weak, Strong, Verified, Proven) and in case of retests of the Zone it shows how many times it was retested. "Supply" Zones are the price zones where more supply than demand has occurred, driving prices down. "Demand" Zones are the price zones where more demand than supply has occurred, pushing prices up. Classification of zones Weak: Price region which, if re-te
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Weis Wave with Alert MT5
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit    http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:   ht
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Channels Indicator MT5
Channels Indicator MT5
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the time frames. But, they will not be able to draw
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Synthethic Savages Alert for Volatility Indexes
Synthethic Savages Alert for Volatility Indexes
Ziggy Janssen
*Non-Repainting Indicator Arrow Indicator with Push Notification based on the Synthethic Savages strategy for synthethic indices on binary broker. Signals will only fire when the Synthethic Savages Strategy Criteria is met BUT MUST be filtered. Best Signals on Fresh Alerts after our Savage EMA's Cross. Synthethic Savage Alerts is an indicator that shows entry signals with the trend. A great tool to add to any chart.  Best Signals occur on Fresh Alerts after our Savage EMA's Cross + Signal
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FX Market Correlation
FX Market Correlation
Igor Pokorni
FX Market Correlation indicator calculates the weakness/strength from all 28 currency pairs in the market. This is unique and powerful way of watching the market. It works on all timeframes. You can use it for scalping, or you can use it for long term trading. FX Market Correlation indicator is NOT repainting. Features: --------- -easy determine which currency is strengthening and which is weakening -choose best currency pairs to trade and times to trade them -find correlation between pairs -N
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IQ WD Gann Pivot Point MT5
IQ WD Gann Pivot Point MT5
Somsri Sarkar
VIEW INDICATOR MANUAL Note!  "Arial Bold" font should be installed in your operating system, specially on windows 10 server. Indicator can be applied with all types of instruments including Forex, Stocks, Commodities, Indices, etc. Just adjust the indicator scale accordingly. Metatrader 4 version available Indicator Benefit The indicator is inspired by WD Gann trading style & customized for the modern market with a simplistic approach. It is designed for scalping to day trading. A complete
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Neya
Neya
Ivan Gherlani
Quantitative  intra-day & intra-week  trading indicator based on   machine learning for MetaTrader 5. - Identify the trend: Demand/supply equilibrium analysis identifies the market trend which is shown on the chart together with dynamic support and resistance levels. - Know when to enter: After detecting an equilibrium imbalance (excess demand or supply in trading volume), blue and red arrows show you buy and sell opportunities. - Know when to exit a trade: The algorithm elaborates market data
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Weis Wave
Weis Wave
Sergey Mylnikov
The indicator displays the total or average volume in the price movement. Due to this, it is easy to determine the demand and supply in the market, turning points. It works in any Forex markets, futures, stocks.  It does not redraw, the construction algorithm allows you to work with any instrument on any timeframe, regardless of the volatility "without adjustment to the instrument." The ideas from the books of David Weiss  "A Modern Adaptation of the Wyckoff Method" and Timothy Orda  "The_Secret
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Reversal Z
Reversal Z
Sugianto
Reversal Z is an indicator to determine the reversal point based on support and resistance. Reversal Z is equipped with up and down arrow plus alert to suggest entry positions. How To use this indicator : here Input indicators: + Averaging Period: Total Bar history to determine support and resistance. + Popup message : Show alert window + Push notification: Send notification to MetaQuotes id + Email: Send email + Play sound on alert: Play alert sound + Sound files: Sound Name
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AO unpaid divergences
AO unpaid divergences
Diego Arribas Lopez
How to use the Demo version AO unpaid divergences MT5 - Goldenlifestyle AO unpaid divergences is the first indicator developed to detailed analyze Regular and Hidden Divergences. It uses this analysis to find out possible entry points and targets. Below some of the characteristics of this indicator:  Time saving Highly customizable Working for all pairs (Crypto, Forex, Stocks, Indices, Commodities...) Suitable for Scalping or Swing trading Possible reversal swings Alerts and Notifications on MT
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Moving channels Medvedev
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The indicator generates of a symbol's price movement and can become a good assistant in a trader's day-to-day routine. The main features of the indicator lie in formation of six main channels, one adaptive channel and lines of price movement direction. It works on any financial instrument and time frame. We have four tops and four bottoms used for drawing six lines for formation of channels which can serve as guidemarks in the process of detecting the price movement direction and its reversal po
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The indicator is based on two buffer ZigZag indicators that require no external settings, as well as a proprietary development regarding the formation of two types of channels: a channel of Buys and a channel of Sells. Respective buy and sell areas are formed inside each of them, they are marked by individual colors, allowing the user to clearly identify the current trade direction. The procedure for determining Buy and Sell patterns is the following: Areas overlap — trade in the direction of th
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Three simple lines for MQL5
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Heiken Ashi MIX
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This indicator is based on Heiken Ashi. Its peculiarity is that it contains two indicators, each of which is calculated with different degree of price normalization. In addition, it does not have shadows, but it shows levels of price consolidation. How to trade with Heiken Ashi MIX? It must be stated that you will have to learn more about this indicator and watch distinctive patterns of a financial instrument on its history. The indicator settings: Used to calculate price - applied calculation
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Valeriy Medvedev
The idea of the indicator stems from the necessity to clearly define the borders of support and resistance levels, which helps to plan the opening and closing of positions in the areas that most appropriately determine the process. Look at the breakdowns of the resistance level that confirm the intention of the price to continue the upward movement, after it passed the support level and entered the channel formed by the two levels. The same is for the case when the price enters the channel downw
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Valeriy Medvedev
This indicator is designed for analyzing your positions on 30 financial instruments with the font size of the output information between 8 and 10. If the font size is 11 you will see only 26 instruments and so on: 12-25, 13-24, 14-20. The font size can range from 8 to 14. The main window contains buttons with names of financial instruments and lines where brief information about all open positions is displayed. Two columns show the total volumes in lots of positions in each trading direction: BU
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The EA consists of two panels, and each of them can be placed in any convenient parts of your screen not losing their features. You can place any number of any pending orders with a step and a lot volume which correspond to your trading style. There is a special consistent procedure for this: After clicking the TAGS button on the selected trading direction you will be offered to place an amount of tags of future orders and their location: with a fixed step, 2 - with extension to the bigger tag n
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ZigZag Medvedev
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Valeriy Medvedev
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it is not redrawn . The indicator allows to easy detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of price movement. Indicator Parameters MinBars – amount of calculated bars, the default is 500. 0 - all bars. Constructive suggest
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Channel Range Medvedev Percentage
Channel Range Medvedev Percentage
Valeriy Medvedev
This indicator is a logical extension of the product at https://www.mql5.com/en/market/product/12526 . The only difference is that price movement is displayed using a histogram with levels, allowing to assess the direction and strength of the movement. How to interpret the signal: 0 - the middle of the channel; above 0.5 - the breakdown of the channel up; below -0.5 - the breakdown of the channel down. Both indicators are displayed in the attached screenshots. Install the indicator and you will
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Zigzag Medvedev on the closing prices
Zigzag Medvedev on the closing prices
Valeriy Medvedev
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it does not redraw . The indicator allows to easily detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of a price movement. The calculations are based on the candles' Close prices, thus improving the reliability of the levels. Para
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Filter:
Devonish
1762
Devonish 2021.09.10 23:51 
 

I like it. early days, but looks promising. Thank you for sharing and continued support of this indicator.

Valeriy Medvedev
55855
Reply from developer Valeriy Medvedev 2021.09.11 05:57
Hello. I will be glad that my work will be useful to you.
33359
72
33359 2021.06.23 06:16 
 

Хороший индикатор.

Kerol Annwar
118
Kerol Annwar 2021.06.03 06:37 
 

Helpful

Valeriy Medvedev
55855
Reply from developer Valeriy Medvedev 2021.06.03 06:40
Thank you for your attention to my work. I hope I did not disappoint you.
Valter Oliveira
1809
Valter Oliveira 2021.05.12 13:19 
 

Great tool! Thank you for the development and availability of this indicator.

Valeriy Medvedev
55855
Reply from developer Valeriy Medvedev 2021.05.12 17:37
Thank you for your feedback. Sometimes it is so difficult to achieve the desired result ...
Max Brown
11791
Max Brown 2021.05.06 10:09 
 

Good job

MAHMOUD SHWAISH
2550
MAHMOUD SHWAISH 2021.05.06 09:40 
 

Great job . Thanks

25170142
69
25170142 2020.09.08 15:48 
 

For the traders who use pitchfork in their trading, this is a very good tool, always the right pitchfork on your chart.

gomainlai
24
gomainlai 2020.04.30 11:51 
 

well design and useful, doing practice on it

Reply to review
Version 1.3 2021.06.14
Minor changes in the program.
Version 1.2 2021.06.12
Due to the update of MQL5.
Version 1.1 2021.05.06
В связи с обновлениями в MQL5.