Pivot Trend ZigZag Swing With MA Filter
- Indicators
-
Kenichiro Sakamoto
I'm Kenichiro Sakamoto, the developer behind FXEA365 — a studio building transparent, rule-based Expert Advisors for MetaTrader 5. - Version: 1.0
FREE — ZigZag swing pivots plus a moving-average trend filter, drawn together. It shows the pivot levels and trend context that a pivot-breakout system trades on. Tuned for gold (XAUUSD).
A pivot break only means something in the direction of the larger trend. This indicator marks each confirmed swing pivot and plots a trend moving average, so you can see at a glance whether a break of the last pivot is with the trend or against it.
=== WHAT IT DRAWS ===
- Confirmed ZigZag swing highs and lows (dots) - the pivots a breakout system reacts to.
- The trend moving average (default MA 50).
=== NO REPAINTING OF CONFIRMED PIVOTS ===
A pivot is only plotted once it is confirmed as the local extreme of its window. Confirmed pivots do not move. (Like every ZigZag, the most recent, still-forming leg is provisional until a new extreme confirms it - that is inherent to swing detection, not a defect.)
=== SETTINGS ===
- ZZDepth (default 12), ZZDev (default 5), ZZBackstep (default 3): swing sensitivity.
- MA_Period (default 50): the trend filter.
Defaults are an XAUUSD configuration - a starting point, not a universal setting.
=== HONEST NOTE ===
A visualisation tool, not a signal service. A pivot breakout with the trend is a setup, not a guarantee. Trend systems have a win rate below 50%. Watch how pivots and the MA behave on your instrument before trading the idea.
=== THE SAME LOGIC AS AN EA ===
Our Gold Pivot Trend Follower EA trades a pivot breakout confirmed by an MA trend filter and a stochastic gate, with a hard stop-loss on every trade, no martingale and no grid.
Gold Pivot Trend Follower: https://www.mql5.com/en/market/product/185372
Our free Donchian Trend Engine EA: https://www.mql5.com/en/market/product/185534
More free tools from us:
- Donchian Trend Engine (EA): https://www.mql5.com/en/market/product/185534
- Donchian Channel + ATR Trailing Stop (indicator): https://www.mql5.com/en/market/product/185547
- Crypto Trend Channel (indicator): https://www.mql5.com/en/market/product/185642
- Dip Buyer Zones (indicator): https://www.mql5.com/en/market/product/185644
All our products: https://www.mql5.com/en/users/app.develop.sk/seller
If it is useful, a review helps us more than anything else.
