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Zig Zag Swing Detector MT4

Zig Zag Swing Detector is a talking indicator tool, that let you track new highs and lows using Zig Zag patterns and allows you to react to new highs and lows. For example for uptrend each time there is higher hi spotted, the strength of the trend is increased. Trend is ended with lower low than the previous one.

Be notified by Alerts, Speech and Notifications and be alerted about new highs/lows!

You can also setup conditions to open trades automatically on new heights. Speech synthesis allows you to hear trend direction, pair, time-frame and signal strength in 2 languages - English and Polish.  More languages planned for the future - Russian and German.

While drawing Zig Zag the Indicator counts bars as relevant or irrelevant. Relevant are the ones setting new highs/lows, irrelevant are bars in between.

If both new high and low are established, they are both plotted on the same bar in occurrence order.

Please take a look at the video to understand mechanics or try it in back-tester.

Tool is available for both MetaTrader 4 and MetaTrader 5.

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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 FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
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maleke1
606
maleke1 2020.02.12 08:35 
 

Push notification please

Aravind
7459
Aravind 2019.04.12 04:30 
 

User didn't leave any comment to the rating

CENK GUNER
230
CENK GUNER 2018.01.23 21:24 
 

not bad

pnutfx503
1536
pnutfx503 2017.07.31 15:38 
 

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Maksym Mudrakov
25945
Maksym Mudrakov 2016.08.31 07:29 
 

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Reply to review
Version 2.10 2020.04.18
- added 3 outputs for the indicator. (0 - signal strenght, 1 - last swing size in points, 2 - previous swing size in points) Now you can programm it with Grid Harvester "Your AI" system, if you want to turn this indicator into a trading bot with your own rules.
Version 2.0 2020.04.15
Actions forced by MetaQuotes:
- recompiled as indicator
- removed trading ability
- raised price from 10 to 30 USD
Actual upgrades:
- added send notification feature instead of trade function