ZigZag WaveSize

Development of the previous version of the indicator ZigZag WaveSize MT4

ZigZag WaveSize - modified standard ZigZag indicator with added information about wave length in points, levels, and different alert logic


General Improvements:

  • Code adaptation for MetaTrader 5

  • Optimized work with graphical objects

New Features:

  • Horizontal levels at extremes

  • Selection of level types: horizontal/rays/segments

  • Filter for liquidity levels (not broken by price)

  • Buffer for breakouts: adjusting sensitivity to false breakouts

  • Label settings and functionality: quantity, appearance, deleting old labels

  • Alerts for structure breakout (BoS)

  • Alerts for change of movement character (ChoCH)

Optimizations:

  • Fixing the logic of updating extremes

  • Dynamic update of new objects

  • Reducing load when new bars appear

  • Centralized label system

Fixes:

  • Fixed out-of-bounds array access

  • Correct positioning of labels

  • Removed duplicate parameters


Use the ZigZag WaveSize indicator as a supplement 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!

Wishing you big profits in trading!

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tihe
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tihe 2025.08.03 08:16 
 

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Ivan Butko
16329
Reply from developer Ivan Butko 2025.08.03 12:16
Благодарю Вас за отзыв
Aliaksei Pinchuk
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Aliaksei Pinchuk 2025.08.01 06:31 
 

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Ivan Butko
16329
Reply from developer Ivan Butko 2025.08.03 12:17
Thank you
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