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Lines Target ZFS

The main function of the indicator is to draw the target lines (support and resistance lines). The lines are plotted according to a special fractal algorithm. The lines are calculated with consideration of the zero bar. A different, more complicated calculation algorithm is used on the zero bar, in contrast to the other bars. This allows reacting to the market situation in real time, but on the other hand, redrawing is possible on the zero bar. If necessary, the zero bar can be omitted from calculations.

Strategies based on the target lines can be different. Trade signals can be obtained from:

  1. Breakout of the target line - the main signal.
  2. Formation of the target line.
  3. Rebound from the target line.

Signals based on target line breakouts can be tracked using alerts, push-notifications and email messages.

For more successful trading, use a competent money management, take into account the current distances between the target lines, the ratio of losses and profits, use higher timeframes to select a priority direction for trades (H1 is recommended), and trending liquid instruments (EURUSD, USDJPY, GBPUSD, AUDUSD, etc.).

Additional options include the Channel Lines plotted based on the last three fractals, the Direction Line to the projected fourth fractal and the Trend Line that shows the direction of the current trend move.


Indicator Inputs

  • Calculate bars - the number of calculated bars
  • switch Target Line - enable the target lines
  • color Up Target Line - color of the upper target lines
  • color Down Target Line - color of the lower target lines
  • width Target Line - width of the target lines
  • style Target Line - style of the target lines
  • switch Channel Line - enable the Channel Lines
  • color Up Channel Line - color of the upper Channel Line
  • color Down Channel Line - color of the lower Channel Line
  • width Channel Line - width of the Channel Lines
  • style Channel Line - style of the Channel Lines
  • switch Direction Line - enable the movement Direction Line
  • color Up Direction Line - color of the upward Direction Line
  • color Down Direction Line - color of the downward Direction Line
  • width Direction Line - width of the Direction Line
  • style Direction Line - style of the Direction Line
  • switch Trend Line - enable the Trend Line
  • color Up Trend Line - color of the upward Trend Line
  • color Down Trend Line - color of the downward Trend Line
  • width Trend Line - width of the Trend Line
  • style Trend Line - style of the Trend Line
  • switch Push notification - enable sending push notifications at a signal of target line breakout on the current or previous bar
  • switch Mail notification - enable sending email messages at a signal of target line breakout on the current or previous bar
  • switch Alert - enable sending alerts at a signal of target line breakout on the current or previous bar
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⭐️   ⭐️   ⭐️   ⭐️   ⭐️     SUPPORT & RESISTANCE SCREENER      ⭐️⭐️⭐️   ⭐️⭐️ A technical indicator that identify support and resistance based price action and supply and demand levels. Important Note :  How to turn your Metatrader to Forex Screener ?   4.1   Trend Screener :   MT4 version   ||   MT5 version   4.2   Trend Line Map :   MT4 version   ||   MT5 version   4.3   Support and Resistance Screener :   MT4 version   ||   MT5 version What makes our Support & Resistance In
49 USD
Bruces Price Predictor
Bruce Webb
*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
AnyProfile MT4
Evgeny Shevtsov
The indicator displays market profiles of any duration in any place on the chart. Simply create a rectangle on the chart and this rectangle will be automatically filled by the profile. Change the size of the rectangle or move it - the profile will automatically follow the changes. Operation features You can manage the indicator using the buttons on the chart and the edit boxes for entering parameters. The settings are saved for each timeframe separately. The upper right corner of the chart win
39 USD
Lighthouse
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly brok
50 USD
Volume Delta Panel
Chantal Sala
Volume DeltaPanel is a very powerful indicator that read the supply on Market. It calculates the Delta from movement of the price and the difference of BUY volumes and SELL volumes. The Volumes are added to price and normalized to symbol points. Its special structure allows you to get all Time Frames values available on the platform MT4. Panel can show 28 instruments simultaneously all customizable according to the offer of the Broker. A good observation of this instrument can suggest great en
50 USD
Ultimate Engulfing Scanner Multi Pair Multi TF
ScorpionFX
(FOR MT4)   Ultimate Engulfing Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to find the strongest engulfing patterns in the forex market. - An engulfing pattern is very simple to trade, without the need for any complicated analysis. - This patterns provides an excellent risk and reward ratio. Because your potential wins will     always be considerably larger than your potential losses. And this is CRITICAL to your long term     trading success.  - You have t
79 USD
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