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Zigzag with additional ARROW signal

60 USD

Demo downloaded: 28

Published: 11 April 2025

Current version: 1.0

Zigzag with additional ARROW signal

Indicators
Igor Nagorniuk
Version: 1.0
Activations: 5

The zig-zag indicator is standard with a period of 34 with an additional arrow signal. The additional signal is calculated separately from the zig-zag indicator.The work on this indicator is as follows: 1. when forming a segment of the zig-zag indicator and an additional arrow signal appears, you need to open a position in the direction of the arrow; 2. when forming another arm of the zig-zag indicator in the opposite direction of the additional signal (arrow) at the top of the previous arm, it becomes possible to establish the position of a pending order; 3. after the formation is completed from the opposite zig-zag shoulder to the additional signal (arrows), you can add to the previously open position or move the stop loss to this level;4. You cannot open additional positions before the first pullback of the price movement if you are trading in a conservative trading mode; 5. to accurately enter the market, you can wait for the formation of the zig-zag indicator segment and the appearance of an additional signal on the senior timeframe, while placing a stop no closer than 40 points from the open position. 6. After you have added additional positions to the trade, the stops on open positions should be kept at the same price level, if the positions are closed at the stop, then you will make a profit at the average value; 7. stop at no loss, it is recommended to rearrange after the next price pullback is formed (a segment of the indicator will be formed zig-zag towards the additional signal (arrows) ). 8. All open positions are closed if, after forming a zigzag segment, an additional signal is formed in the form of an arrow on the timeframe where you are trading.9. In a highly volatile financial market, it is recommended to use additional filters; 10. When closing positions on a trading timeframe, it is always necessary to analyze the senior timeframe.and if your signal persists on the senior chart, then it is recommended to close all positions except the first open position, while the stop will need to be moved closer to the first open position.

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Screenshot #1 Zigzag with additional ARROW signal

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Full Description of the WPRV2 Indicator The WPRV2 indicator is an enhanced version of the classic technical analysis tool known as Williams' Percentage Range (%R). It is primarily used in financial markets such as stock exchanges, Forex, and cryptocurrency platforms to analyze market trends and identify optimal entry and exit points for trades. Purpose of the Indicator The main goal of the WPRV2 indicator is to measure the current price relative to its recent high and low extremes. This helps t

60 USD

Detailed Description of the GannZigZagMACD Indicator Purpose and Concept GannZigZagMACD is a hybrid technical indicator for the MetaTrader 5 platform that combines the classic MACD indicator with elements of Gann's zigzag. It is designed to identify trend reversals and generate trading signals based on extreme patterns. The main idea of the indicator is to detect significant highs and lows using Gann's method and then project signals onto the MACD histogram. Principle of Operation Main Componen

80 USD

ZigZag_3LZZ — Three-Level ZigZag Indicator What It Is For The ZigZag_3LZZ indicator is designed for technical analysis of financial markets. It displays three multi-colored broken ZigZag lines with different periods (5, 13, 34) on the chart, allowing the trader to: Visually identify key price reversal levels Filter out insignificant price fluctuations and market noise Build trend lines based on the latest extremums Automatically calculate Fibonacci levels (0.24, 0.382, 0.5, 0.618, 0.76) Identi

150 USD

X Sensors Pro is a professional volume profile indicator that visualizes the distribution of trading volume across price levels over a selected period. The indicator automatically identifies local extremes (HH and LL), calculates the Point of Control (POC) — the level with maximum volume, and builds support and resistance levels based on the identified range. Key Features: Visualization of volume profile as colored histograms Automatic POC (Point of Control) detection Construction of HH (Highe

100 USD

ZigZag_Keel is a technical indicator for MetaTrader 5 based on a double zigzag. It is designed to determine trend direction and generate buy and sell signals. How It Works The indicator uses two zigzags with different periods. KeelOver with a longer period determines the global price direction. Slalom with a shorter period finds local extremes. Signals are generated only in the direction of the global trend, which filters out false entries. Trading Signals A green arrow up indicates a buy signal

100 USD

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