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Historical Memory ZigZag

Do you want to see the future lines of the ZigZag indicator?

This indicator will help you do that because the indicator model is based on two indicators: Historical Memory and ZigZag. So it can forecast the ZigZag lines. Very useful as an assistant, acts as a key point to forecast the future price movement.

The forecast is made using the method of searching the most similar part in the history (pattern) to the current one. The indicator is drawn as a line that shows the result of change of the ZigZag lines. Moreover, you can visually find and compare the quality of a history pattern with an actual pattern. In addition to all the above, the indicator is able to make a forecast taking into account not a single found pattern, but multiple (in the indicator it is called layers).

Also the GUI will simplify the work with this useful tool.


Description of Parameters

The ZigZag indicator

  • Depth - number of bars on which the ZigZag node will not be built if the Deviation condition was not met.
  • Deviation - deviation (the difference between extremums of bars that is considered sufficient for building a new node).
  • Back Step - the minimum number of bars between the maximums (minimums).

Forecast

  • Prediction Freeze - allows to freeze displayed forecast.
  • Layers Show Mode - layer display mode: 'ALL' - all layers will be shown as separate lines; 'AVERAGE' - a multi-layer view as a smoothed line.
  • Show All Backward Lines - backward lines of all layers will be displayed.
  • Pattern: Size(in ZZ nodes)[1...] - the size of the pattern in ZZ nodes.
  • Prediction: the number of ZZ nodes[1...] - the number of ZZ nodes used for the forecast.
  • Searching: depth of history(in ZZ nodes)(0 - all ZZ nodes) - the depth of the history used to search for the best correlation.
  • Searching: Step(in ZZ nodes) - search step: the higher step value provides a higher speed with a lower search quality.
  • Prediction: Layers total [1...10] - the number of layers (no more than 10) : the more layers, the greater the variability of the forecast.
  • Searching: From ZZ node (in history) - the forecast begins from this node of the ZZ.

    Panel

    • Use? - enable/disable the panel.
    • Panel Transparent(%)[0...100] - Transparency of the panel.
    • Background Color - color of the panel.
    • Button Color - color of the button.
    • Button Txt Color - the color of the text on the button.
    • Button Border Color - the color of button borders.
    • Correlation Color - the color of correlation text.
    • Description Color - the color of the parameter description label.
    • Description Border Color - the color of borders of the parameter description label.
    • Description Txt Color - the color of the parameter description text.
    • Value Txt Color - the color of the parameter value text.
    • Position: X - shift of the starting position of the panel in pixels from the left border.
    • Position: Y - shift of the starting position of the panel in pixels from the upper border.
    • Panel Size Scale - factor to change the panel size.

    Graphics

    • Objects Name Prefix - prefix name of the graphic objects. 
    • Use Vertical Lines - show/hide vertical lines on the chart.
    • Backward: vertical line color - the color of the past vertical line.
    • Backward: text color - the color of past labels.
    • Backward: vertical line style - the style of the past vertical line.
    • Forward: vertical line style - the style of the future vertical line.
    • Backward: Text Size - text size of past labels.
    • Forward: Text Size - text size of future labels.



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    TTM Squeeze is an indicator to time entries based on volatility. Good timing might be more important than direction. If you are right with direction but you don't have correct timing then you could end up losing money in the market. If you have good timing and only pick direction correctly 50% of the time you might be profitable with correct risk management. The indicator will plot red and white points (squeeze line in the center) and histogram (above and below the center line). When the indic
    147 USD
    Engulfing Bar Indicator for MT5
    Renaud Candel
    Engulfing Bar Indicator is a pattern recognition indicator for Forex and Binary Options. The Engulfing Bar Indicator is a slightly enhanced pattern of the popular engulfing candle. The strategy that comes with the Engulfing Bar is purely based on price action. Inputs Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable popup alerts EmailAlerts (true/false): enable email alerts PushAlers
    97 USD
    Harmonic ABCD Monitor MT5
    Mihail Matkovskij
    Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
    230 USD
    LT Easy Market
    Thiago Duarte
    Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! Free demo version:   https://www.mql5.com/pt/market/product/41869 Free signals emitter:   https://www.mql5.com/en/market
    50 USD
    Trend Line Map Pro MT5
    Sayadi Achraf
    ⭐️   ⭐️   ⭐️   ⭐️   ⭐️        TREND LINE MAP ⭐️⭐️⭐️   ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener. Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screener Indicator. Please make sure that you get  Trend Screener Pro  before getting Trend Line Map indicator. 3.  If you don't have  Trend Screener Pro  Indicator, the  Trend Line Map Pro  it will
    49 USD
    Pivot Channels PRO MT5
    Dmitry Zmitrovich
    ⭐⭐⭐⭐⭐ I'm glad to present you my new "Pivot Channels Pro" indicator. ⭐⭐⭐⭐⭐ It builds on my previous indicators and over six years of experience using them. This indicator includes all the best strategies that I have researched. When developing and optimizing, I used ML algorithms. The indicator is very easy to use. Now the indicator has 3 basic strategies and the ability to customize your own strategy. I am constantly looking for better strategies. Telegram channel:   https://t.me/d_product
    50 USD
    BlueDigitsFx Easy 1 2 3 System MT5
    Ziggy Janssen
    !! 50 % OFF - BLACK FRIDAY SALE !! *All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader ! Message Me Immediately After Purchase For Installation Help and V.I.P Access With Additional Strategies BlueDigitsFx Explains How To Use The System In Detail :  https://youtu.be/fIOWwWuE5ZQ BlueDigitsFx's Easy 1 2 3 System is an all in 1 Indicator with a variety of options to work with. Telegram Channel & Group  here Performs Amazingly with a Market Base Line for exa
    49 USD
    Asgard Arrow
    Renars Dericans
    Good arrow indicator for trading in Forex and Binary Options Forex: Trade forex using H1, H4 time frame Asgard arrow you can combine with other indicators Binary Options: Trade Binary Options using M1 or M5 time frame Expiration on M1 char is 15 min Expiration on M5 char is 30 min Asgard inbdicator analyze best reversal point. This tool can help you understand what direction marke will go. Video for Binary Options using other indicators - https://youtu.be/dCRZ1mY5Z6A Video for Forex tradin
    50 USD
    Herrick Payoff Index
    Konstantin Gruzdev
    Herrick Payoff Index (HPI) confirms strong trends and helps to determine a moment when they change their direction, it also tracks prices, volume of trades and open interest (current liabilities) , combining them into one parameter . In MetaTrader 5, Herick Index can be displayed as a histogram or a linear chart for all trading instruments for which open interest is transmitted. Current liabilities or open interest represents the total volume of effective contracts (futures, options) for which t
    49 USD
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