ZigZag and Bollinger Pro

ZigZag Bollinger EA is a professional technical analysis tool that combines ZigZag structural wave analysis with Bollinger Bands dynamic levels. The algorithm is designed to identify entry points in the direction of an established trend during the completion of corrective pullbacks.

The core logic of the Expert Advisor is based on identifying market structure through a sequence of ZigZag extrema. A buy signal requires two consecutive higher highs and higher lows. A sell signal requires two consecutive lower highs and lower lows. The signal is formed when the price corrects to the Bollinger Bands middle line, provided that the specified wave distance filters are met.

Technical Specifications

  • Platform: MetaTrader 4
  • Execution Type: Indicator assistant with an alert system
  • Recommended Timeframes: M15, H1, H4
  • Recommended Trading Instruments: High-volatility currency pairs, Gold (XAUUSD)

Key Features

  • Comprehensive market structure analysis based on the last four ZigZag extrema.
  • Signal filtering by minimum distance between peaks and troughs in points.
  • Candle close control relative to the Bollinger Bands middle line to confirm a reversal.
  • Automatic history scanning upon startup with signal visualization for a specified bar depth.
  • Terminal sound notification system for new patterns.

Adjustable Parameters

  • ZigZag Block: Full configuration of Depth, Deviation, and Backstep parameters.
  • Distance Filters: Setting the minimum distance in points between external and internal vertices to eliminate market noise.
  • Bollinger Bands Block: Configuration of the period, deviation, and calculation method for the middle line (can be used as a simple moving average).
  • Visualization: Management of the size and color of signal arrows.
  • History Depth: Adjustment of the number of bars for preliminary analysis during initialization.

Important Note

For the algorithm to operate correctly, ensure that the standard ZigZag indicator is present in your terminal. In the EA settings, the ZZ_Name field must contain the exact name of the indicator as it appears in your terminal's custom indicators list.

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BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
Ichimoku Scanner Dashboard
Abir Pathak
4.75 (16)
Indicators
Dashboard uses Ichimoku Strategy to find best trades. Get extra Indicators/Template: And read more about detailed Product Description and usage here: https://www.mql5.com/en/blogs/post/747457 Read more about Scanner Common features in detail here: https://www.mql5.com/en/blogs/post/747456 Features: Price Kumo Breakout Tenkan-Kijun Cross Chikou/CLoud and Chikou/Price Support/Resistance (SR-SS or SR-NRTR) Stochastic OB/OS and back Awesome Oscillator Higher Timeframe Ichimoku Trend Align
Hydra Trend Rider
INTRAQUOTES
5 (4)
Indicators
Hydra Trend Rider is a non-repainting, multi-timeframe trend indicator that delivers precise buy/sell signals and real-time alerts for high-probability trade setups. With its color-coded trend line, customizable dashboard, and mobile notifications, it's perfect for traders seeking clarity, confidence, and consistency in trend trading. Setup & Guide:  Download  MT5 Version here. To learn how to use the Indicator: Indicator Manual & Guide -   Read Here Exclusively for you: It's your chance to st
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RangeImpulse
Sharl Larionov
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Range Impulse Expert Advisor — an intelligent momentum algorithm. Strategy Concept RangeImpulse is a powerful trading tool designed to identify abnormal market activity. Unlike standard indicator-based bots, this EA analyzes price movement energy relative to recent volatility (the range of the last N candles). The logic is simple and effective: if the price covers a significant portion of its average range within a single candle, it indicates a strong institutional impulse, which the robot ent
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