Power ZigZag MultiTF MT4

Introducing the new multi-currency ZigZag – a powerful tool for high-quality technical analysis.

The indicator can be tested for free in the terminal's strategy tester.

ZigZag draws a zigzag line on the current timeframe chart based on the bars of the user-selected timeframe in the parameters – starting from the current timeframe and above. This scales the zigzag line; it has no other plotting parameters.

Multiple ZigZag indicators can be applied to a single chart, so it will display lines from different timeframes and different scales simultaneously. The color, thickness, and style of these lines are configurable in the indicator's parameters.

The indicator allows the user to specify a key in the parameters to turn it on/off on the active chart. This means that if there are multiple indicators from different timeframes, setting different keys in the parameters allows for conveniently turning zigzags on and off for individual timeframes.

Indicator input parameters:

Timeframe - Timeframe plotted
Key to toggle on/off - key to turn chart lines on/off
Use Ctrl - use Ctrl and the key
Line style - Line style
Line width - Line thickness
Line color - Line color
Drawing start (bars) - Start of drawing (bars ago)

The last bar of the timeframe plotted is not included in the calculations (to prevent redrawing of the indicator data).

If you need to add/change anything, or suggest anything based on this, please send me a private message.
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ControlPoints Indicator Purpose: Identifies Control Points (CP) — local extremums (fractals) on the chart. Upper CPs are local highs, lower CPs are local lows. Displayed on the chart as diamond markers. No-Repaint: The indicator does not repaint. A CP at bar i is only confirmed when all bars in the window [i − BarsBefore, i + BarsAfter] are closed. The forming (current) bar is never evaluated. Once confirmed, the value is never recalculated. Detection Logic Upper CP: high[i] is strictly greater
FREE
Control Points MT5
Ilya Malev
Indicators
ControlPoints Indicator Purpose: Identifies Control Points (CP) — local extremums (fractals) on the chart. Upper CPs are local highs, lower CPs are local lows. Displayed on the chart as diamond markers. No-Repaint: The indicator does not repaint. A CP at bar i is only confirmed when all bars in the window [i − BarsBefore, i + BarsAfter] are closed. The forming (current) bar is never evaluated. Once confirmed, the value is never recalculated. Detection Logic Upper CP: high[i] is strictly greater
FREE
Market Structure Break of Structure MT4
Ilya Malev
Indicators
Market Structure - Break of Structure (MS-BOS) for MT4 Added simple dashboard in the right center of the chart - indicating direction of last cancelled BOS level for main set of Timeframes. This panel can be switched off in parameters All my indicators work only at closed bars, they do not repaint any values (if it is not otherwise mentioned in the description). So that they are fully compatible with autotrading, and are ready for making qualitative technical analysis.   Market Structure - Brea
Market Structure Break of Structure MT5
Ilya Malev
5 (1)
Indicators
Market Structure - Break of Structure (MS-BOS) for MT5 Added simple dashboard in the right center of the chart - indicating direction of last cancelled BOS level for main set of Timeframes. This panel can be switched off in parameters All my indicators work only at closed bars, they do not repaint any values (if it is not otherwise mentioned in the description). So that they are fully compatible with autotrading, and are ready for making qualitative technical analysis.   Market Structure - Bre
Power ZigZag MultiTF MT5
Ilya Malev
Indicators
Introducing the new multi-currency ZigZag – a powerful tool for high-quality technical analysis. The indicator can be tested for free in the terminal's strategy tester. ZigZag draws a zigzag line on the current timeframe chart based on the bars of the user-selected timeframe in the parameters – starting from the current timeframe and above. This scales the zigzag line; it has no other plotting parameters. Multiple ZigZag indicators can be applied to a single chart, so it will display lines f
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