The original 3 Level ZZ Semafor for MT5

The 3 Level ZZ Semafor is a legendary technical analysis tool now optimized for MetaTrader 5. It is a sophisticated fractal system that overlays three separate ZigZag indicators with different periods onto a single chart.

This indicator helps traders visualize market structure by identifying Highs and Lows across three different magnitudes: short-term, medium-term, and long-term trends. It is widely used for Elliott Wave counting, identifying Support & Resistance, and spotting potential market reversals.

How It Works

The indicator displays numbered "Semafor" (semaphore) signals on the chart peaks and valleys:

  • Level 1 (Smallest / Chocolate): Represents minor price fluctuations and short-term trends.

  • Level 2 (Medium / Violet): Represents intermediate market corrections and waves.

  • Level 3 (Largest / Yellow): Represents major trend reversals and significant structural Highs/Lows.

Key Features

  • 3-in-1 Logic: Combines three ZigZag calculations (Fast, Medium, Slow) into one clean interface.

  • Fibonacci Default Settings: Comes pre-loaded with Period settings 5, 13, and 34 for natural harmonic detection.

  • Customizable Symbols: You can change the Wingdings codes to display different shapes (circles, stars, squares) instead of numbers.

  • MT5 Optimized: rewritten for efficiency using MQL5's OnCalculate and Series arrays.

Trading Strategy

The 3 Level ZZ Semafor is best used as a confirmation tool rather than a standalone entry signal.

  1. Trend Reversals: Watch for the Level 3 (Yellow) ball. This indicates the price has reached a significant extreme.

  2. Elliott Waves: Use the Levels to count waves. Level 3 often marks the end of Wave 3 or Wave 5, while Level 2 often marks corrective waves (A-B-C).

  3. Breakout/Pullback: Identify a Level 3 High, wait for a pullback to a Level 2 Low, and enter in the direction of the main trend.

Input Parameters

  • Period 1, 2, 3: Sets the sensitivity for the High/Low search. Higher numbers ignore smaller noise. (Defaults: 5, 13, 34).

  • Dev_Step_1, 2, 3: Fine-tunes the ZigZag Deviation and Backstep logic. Format is "Deviation,Step" (e.g., "1,3").

  • Symbol_Kod: The Wingdings code for the chart icon (e.g., 140, 141, 142).

⚠️ Important Disclaimer (Repainting)

Please note that like all ZigZag-based indicators, the 3 Level ZZ Semafor is a dynamic (repainting) indicator.

  • A signal appears when a new High or Low is formed.

  • If the price continues to move higher (or lower), the signal ball will move to the new extreme.

  • Recommendation: Do not enter a trade immediately when a ball appears. Wait for price action confirmation (such as a candle close or a reversal pattern) to confirm the top or bottom is in place


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A new King in town - Indicator + Order management indications(tp1+tp2+tp3) + Optional Telegram Signal sender   INCLUDED (FREE) ( FULL TRADING  and SIGNAL SYSTEM ) Our best EA for Gold: Gold Slayer  This indicator includes an advanced Strategy, a trading system with customisable order management and a mean reversion system that combines envelope extensions, backed by multiple intelligent confirmation filters like RSI to catch high probability reversal entries with BUY and SELL signals . The indi
Volume flow Profile
Israr Hussain Shah
Indicators
Money Flow Profile MT4  HERE Here our more valuable tools SMC Trend Trading   ,  Easy SMC Trading  ,  Institutional SMC Architect Volume Analysis Tools  ,  Volume flow Profile  ,  Market volume profile  , FVG with Volume  , Liquidity Heatmap Profile  ,  Volume Spread Analysis  Master Edition is a professional-grade analytical tool designed to visualize market structure through the lens of volume and money flow. Unlike standard volume indicators, this tool displays a Daily Volume Profile
Gartley Hunter Multi
Siarhei Vashchylka
5 (12)
Indicators
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
Btmm state engine pro
Garry James Goodchild
5 (4)
Indicators
BTMM State Engine Pro by G-Labs — Beat The Market Maker indicator for MetaTrader 5. Asian session range, London and New York kill zones, level progression (L1/L2/L3), peak formation detection (PFH/PFL), entry signals, and a multi-pair scanner from one chart. Stop scanning charts one pair at a time. The State Engine tracks the BTMM daily cycle automatically — Asian box, room boundaries, level blocks, peak formations, and filtered entries — while the scanner dashboard shows level, peak status, d
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Ottaviano De Cicco
5 (1)
Indicators
The Oracle Pro: Synthetic Multi-Timeframe Bias Engine for MT5 ️ Summer Launch Offer — Get The Oracle Pro for USD 199 (early buyers). Price rises with traction; final price USD 399. The Oracle Pro is a premium multi-timeframe bias engine for MetaTrader 5, built for demanding and professional traders. It answers one question with discipline: what is the directional bias on each timeframe right now, how strong is it, and how much do the timeframes agree? Everything is computed on closed bars only
ORB Seeker MT5
Marcela Goncalves De Oliveira
Indicators
Limited Discounted Price!  Only $99! After purchase contact me to get the bonus ORB Seeker EA and personal optimized set files. Catch clean session breakouts with confidence! ORB Seeker MT5 is a professional Opening Range Breakout (ORB) indicator built for traders who want accuracy, simplicity, flexibility, and clear chart structure. It automatically plots the pre-market or custom session range on any instrument, then gives clear breakout signals with entry, stop loss, take profit, and optiona
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james mugendi
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Simple Vwap with the daily, weekly and monthly VWAP is the abbreviation for   volume-weighted average price , which is a technical analysis tool that shows the ratio of an asset's price to its total trade volume. It provides traders and investors with a measure of the average price at which a stock is traded over a given period of time. How it's used Identify entry and exit points:   Traders can use VWAP to determine when to buy or sell an asset.   Understand price trends :  Traders can use V
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Previous Candle High/Low with Custom Time and Timeframe This indicator automatically plots two horizontal lines on your chart, showing the high and low of the most recent completed candle from a user-selected timeframe. It is designed for traders who want to clearly mark important intraday or higher-timeframe levels without manually drawing them. At the start of each trading day, the indicator waits until your chosen activation time (HH:MM server time). Once that time is reached, it deletes Prev
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james mugendi
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CandleCountdown Indicator — Overview This indicator displays a live countdown timer for the current candle on your chart, updating every second. It’s designed to be visually intuitive, resilient across timeframes, and smartly formatted for clarity. Core Features • Real-Time Countdown Shows how much time remains until the current candle closes, updating once per second. • Smart Time Formatting Adapts the display based on remaining time: • → shows just seconds (e.g., ) • → shows  (e.g., ) •
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Set and Forget orders with sl and tp
james mugendi
Utilities
Once you have done your chart analysis there is no need to wait for the market to get to your levels. Just Set and Forget. The Ea will do this for you. How it works: - for buys. set the entry price, the stoploss and take profit. When price gets to entry price, It will wait till candle close above entry price, then when new candle opens and crosses above previous calndle high, the trade is triggered, The reverse is true for sells. Other Ea setting incluse: - 1. trading days 2. trading time range
Show Days of The week MT5
james mugendi
Indicators
Key Features  Start Date Control Choose a specific date from which labels begin to appear. Prevents clutter from old history data. Ideal for focusing on recent or relevant trading periods. Latest N Days Limiter Input option to display labels only for the most recent N days. Keeps your chart uncluttered during long backtests. Example: Set LatestDays = 10 to only show the last 10 trading sessions. Font Customization Set your preferred font name (default: Arial). Adjust font size for readability. C
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