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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Clone MT5 is an interactive tool for finding similar situations in chart history. You select any price section with a frame, and Clone finds the most similar historical sections of the same instrument, marks them on the chart and lets you compare them with the current sample. This is not a signal indicator and not an Expert Advisor. It is a market research tool designed to help answer a simple question: “Where has something similar happened before, and what happened next?” Sample — the chart se
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
The  SMC Venom Model BPR MT5 indicator is a tool for visual analysis of BPR/FVG zones within the Smart Money Concept (SMC). It automatically detects key price imbalance zones on the chart and allows you to analyze them not only on the current timeframe, but also in multi-timeframe mode. FVG   (Fair Value Gap) — a price imbalance zone detected from a three-candle structure, where an unfilled price area forms between the first and third candle. BPR   (Balanced Price Range) — a structure related t
ZigZag WaveSize MT4
Ivan Butko
4.75 (4)
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
FREE
TimeBar
Ivan Butko
5 (1)
TimeBar TimeBar is a simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time. For ease of perception, two types of display modes have been added: in the form of a comment in the upper left corner of the graph, or in the form of a graphic object. Advantages Font selection Font size. You can set any one. When commenting it is too small You can move objects. Any time can be selected by double clicking t
FREE
Chart Navigator MT5 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
FREE
TimeBar TimeBar is a simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time. For ease of perception, two types of display modes have been added: in the form of a comment in the upper left corner of the graph, or in the form of a graphic object. Advantages Font selection Font size. You can set any one. When commenting it is too small You can move objects. Any time can be selected by double clicking t
FREE
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
FREE
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
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
The  SMC Venom Model BPR indicator is a tool for visual analysis of BPR/FVG zones within the Smart Money Concept (SMC). It automatically detects key price imbalance zones on the chart and allows you to analyze them not only on the current timeframe, but also in multi-timeframe mode. FVG   (Fair Value Gap) — a price imbalance zone detected from a three-candle structure, where an unfilled price area forms between the first and third candle. BPR   (Balanced Price Range) — a structure related to tw
SMC Larry Williams Structure is an indicator for analyzing price chart structures that builds and connects the most important swing points using the method of the famous trader Larry Williams from his bestseller “Long-Term Secrets of Short-Term Trading”, creating a solid foundation for adapting the market structure and analyzing the areas of interest of large participants using the Smart Money concept. The swing construction is based on simple and clear logic — identifying key local extremes whe
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
AutoColor PRO MT4 is a utility indicator for automatically managing the colors of graphical objects in MetaTrader 4. It recognizes the object type and geometry, determines its direction or its position relative to the current price, and applies the appropriate color. For composite analytical tools, AutoColor PRO MT4 colors the visually meaningful parts: lines, channels, levels, rays, and arcs. For example, an ascending trend line can automatically receive a bullish color, a descending line a bea
Clone MT4 is an interactive tool for finding similar situations in chart history. You select any price section with a frame, and Clone finds the most similar historical sections of the same instrument, marks them on the chart and lets you compare them with the current sample. This is not a signal indicator and not an Expert Advisor. It is a market research tool designed to help answer a simple question: “Where has something similar happened before, and what happened next?” Version for MetaTrade
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
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
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
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
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
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 l
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
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
AutoColor PRO is a utility indicator for automatically managing the colors of graphical objects in MetaTrader 5. It recognizes the object type and geometry, determines its direction or its position relative to the current price, and applies the appropriate color. For composite analytical tools, AutoColor PRO colors the visually meaningful parts: lines, channels, levels, rays, and arcs. For example, an ascending trend line can automatically receive a bullish color, a descending line a bearish col
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tihe
17
tihe 2025.08.03 08:16 
 

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Ivan Butko
20830
Reply from developer Ivan Butko 2025.08.03 12:16
Благодарю Вас за отзыв
Aliaksei Pinchuk
2766
Aliaksei Pinchuk 2025.08.01 06:31 
 

User didn't leave any comment to the rating

Ivan Butko
20830
Reply from developer Ivan Butko 2025.08.03 12:17
Thank you
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