Auto ZZ SR Indicator

Auto ZZ SR Indicator

  • This indicator automatically draws trend lines using ZigZag top and bottom points. The more ZigZag tops/bottoms that are used, the greater the number of possible combinations. Therefore, the more possible trend lines can be drawn. And vice versa too. The fewer ZigZag tops/bottoms that are used, the lower the number of possible combinations. And therefore, the fewer the possible trend lines can be drawn. The indicator constantly updates the trend lines on the chart as the market progresses. The indicator will work on any type of account, account #, or chart. All settings are adjustable.


Settings:

  • # of ZZ Tops/Bottoms - The number of ZZ tops/bottoms in the past that will be used for drawing the trend lines. The higher this number, the higher the possible combinations will be considered. Which means the more support/resistance lines will be drawn.
  • Support Color - The color of the support trend lines.
  • Resistance Color - The color of the resistance trend lines.
  • ExtDepth, ExtDeviation, ExtBackstep - These are standard ZigZag indicator settings.


Notes:

  • The ZigZag indicator will not be shown by default. However, the ZigZag indicator can be drawn on the chart if you want. To do this, simply choose a color in the 'Color' tab.
  • IMPORTANT: Check out our site using the link in my profile to find other FREE indicators and EAs!

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Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins
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Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! Dow
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