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ZigZag WaveSize MT4

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Published: 28 March 2025

Current version: 1.3

ZigZag WaveSize MT4

Name: ZigZag WaveSize MT4
Rating: 4.75 (4 reviews)
Author: Ivan Butko

4.75

Indicators
Ivan Butko
Ivan Butko
Russia

20220
4.8 (8)
Greetings, friends!
I write in mql4 and mql5. In my market you will find a variety of products, every day I develop something new, I research something. New indicators and advisors will appear in the near future.

24 products 9 codes 130 topics 6139 comments
Version: 1.3
Updated: 25 July 2025

ZigZag WaveSize - a modified standard ZigZag indicator with added information about the wavelength in points.

Features:

Optimized online construction logic: labels are not redrawn from scratch on each tick, but work in parallel with the main calculation, drawing only the latest labels when ZigZag draws new lines or updates them.
Added another calculation mode in points: the line is drawn if it exceeds the specified number of points in the settings: manual and automatic (according to ATR with a coefficient for fine tuning)
Added trend lines to highlight any number of ZigZag lines by color and thickness, starting with the most recent
Added 2 color rendering modes: 1) Standard (upward line - one color, downward line - another); 2) Structural (classic trend with simultaneously rising or falling extremes - one color)
Added two Alert modes: 1) Appearance of a new ZigZag line; 2) Breakthrough of the last extremum by the current ZigZag line
Added values of the average line size and their median. Both are optional, you can disable their calculation and drawing. Both labels can be moved along the chart to a convenient place. Font size, color - optional for each.

Use the ZigZag WaveSize indicator as an addition to your trading system

Also try my other products in the market https://www.mql5.com/ru/users/capitalplus/seller

✅ If you liked the indicator, please rate it and leave a review, it is very important to me!

Big profits to you in trading!

more...

838

Rich8989 2025.11.11 11:20 #

Good indicator. Many thanks for sharing

krampe87 2025.08.07 16:38 #

Очень хороший инструмент, особенно для начинающих трейдеров. Хорошо дополнит любую стратегию, повысив точность и прибыльность.

8438

Evgeniy Chumakov 2025.07.31 08:05 #

Отличный вариант ЗигЗага.

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Chart Navigator MT4 Base is a mini-map for fast navigation across the price chart and quick jumps to your own marks on it. This indicator adds a compact mini-map of the entire price chart to the chart. The map helps you move quickly through history and return to important places marked with vertical lines. The main benefit of this simple navigator is not just chart scrolling, but a fast jump to the required area without painful manual scrolling. If you place a vertical line on the chart as a mar

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Market Noise Market Noise is an indicator that determines market phases on a price chart, and also distinguishes clear smooth trend movements from noisy flat movements when an accumulation or distribution phase occurs. Each phase is good for its own type of trading: trend for trend-following systems, and flat for aggressive ones. When market noise begins, you can decide to exit trades. In the same way, and vice versa, as soon as the noise ends, you need to turn off aggressive trading systems. S

30 USD

MinMax Levels – is an indicator of the maximum, minimum and opening price levels for important trading periods: day, week and month. Each Forex market participant uses levels in their trading system. They can be either the main signal for making transactions or an additional one, acting as an analytical tool. In this indicator, days, weeks and months were selected as important periods, since they are the key trading periods of large market participants. As you know, prices move from level to

30 USD

45 USD

Chart Navigator MT4 is an interactive minimap for MetaTrader 4 charts. It helps you see the whole chart, understand where the current visible area is located, and move through long historical periods without endless scrolling. The indicator is designed for traders, analysts and developers who work with long chart history, graphical objects, arrow-based indicators, historical trade markers or manually marked setups. Chart Navigator adds a visual navigation layer to the chart without occupying t

39 USD

SMC Larry Williams Structure PRO I am pleased to present an advanced market-structure indicator for MetaTrader 4, built on Larry Williams' hierarchical swing method. Unlike the standard version, PRO is not limited to a single sequence of local highs and lows. The indicator builds three interconnected levels of market structure , processes inside and outside bars, identifies Breakout, Break of Structure, Change of Character and Reversal events, and provides confirmed data to Expert Advisors throu

59 USD

The Palantir indicator predicts a price reversal by the number of points specified by the user in the settings. You select the size of the trend you are interested in and the indicator will predict with what probability the price will move in the opposite direction the specified number of points from the nearest extreme. The indicator's operation is based on statistical calculation of historical trends. Palantir analyzes trends in history with the size specified in the settings, collects stati

30 USD

MultiFractal is a modified Bill Williams fractal indicator, supplemented by higher order fractals, the difference between which is four in size, similar to changing the time frame. Advantages over the original terminal indicator: Convenience Visibility Information content The indicator is convenient because you do not need to switch to different timeframes when working. Visibility - in one chart you can see the structure of the chart from smaller to medium and large market movements. Information

30 USD

Currency Strength Dynamic Currency Strength Dynamic is an indicator of currency strength. Currency strength refers to the trend direction of most or all currency pairs that a currency is a part of. The indicator is based on readings of the difference between moving averages, similar to the MACD indicator, on the 28 most popular currency pairs: majors and minors. Advantages Unique oscillatory calculation method Availability of buttons to disable or enable lines of specific currencies Informat

45 USD

MultiFractal Levels MultiFractal Levels is a modified Bill Williams fractal indicator with the addition of levels. Fractals are built from all TFs allowed in the settings. Levels are built only based on the latest fractals that have not yet been tested by price. Advantages over the original terminal indicator: Convenience Visibility Informativeness Latest levels Customizable fractal Customizable levels The indicator is convenient because you do not need to switch to different timeframes when w

39 USD

30 USD

Chart Navigator MT5 is an interactive minimap for MetaTrader 5 charts. It helps you see the whole chart, understand where the current visible area is located, and move through long historical periods without endless scrolling. The indicator is designed for traders, analysts and developers who work with long chart history, graphical objects, arrow-based indicators, historical trade markers or manually marked setups. Chart Navigator adds a visual navigation layer to the chart without occupying the

39 USD

SMC Larry Williams Structure PRO I am pleased to present an advanced market-structure indicator for MetaTrader 5, built on Larry Williams' hierarchical swing method. Unlike the standard version, PRO is not limited to a single sequence of local highs and lows. The indicator builds three interconnected levels of market structure , processes inside and outside bars, identifies Breakout, Break of Structure, Change of Character and Reversal events, and provides confirmed data for Expert Advisors and

59 USD

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Rich8989 2025.11.11 11:20 #

Good indicator. Many thanks for sharing

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Reply from developer Ivan Butko 2025.11.11 11:21 #

Thank you very much for your attention to the product.

krampe87 2025.08.07 16:38 #

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Reply from developer Ivan Butko 2025.08.07 16:40 #

Большое спасибо!
Рад, что полезен

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Evgeniy Chumakov 2025.07.31 08:05 #

Отличный вариант ЗигЗага.

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Reply from developer Ivan Butko 2025.07.31 10:33 #

Благодарю Вас

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pan898899 2025.04.03 09:54 #

如果有高低位阻力线就更完美了。

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Reply from developer Ivan Butko 2025.07.31 10:33 #

我们开始做吧