Multi Timeframe ZigZag Indicator

5

Description:

This indicator draw ZigZag Line in multiple time frame also search for Harmonic patterns before completion of the pattern.


Features:

  • Five instances of ZigZag indicators can be configured to any desired timeframe and inputs.
  • Draw Harmonic pattern before pattern completion.
  • Display Fibonacci retracement ratios.
  • Configurable Fibonacci retracement ratios.
  • Draw AB=CD based on Fibonacci retracement you define.
  • You can define margin of error allowed in Harmonic or Fibonacci calculations.
  • Define your scan depth level (more level = scan for patterns in larger scale).


Harmonic pattern supported:

  • AB=CD
  • Bat
  • Alternate Bat
  • Gartley
  • Deep Gartley
  • Crab
  • Deep Crab
  • Butterfly


Inputs:

  • ZigZag TimeFrame: define TimeFrame you want to use.
  • ZigZag Depth: The minimum number of price bars required where there is no secondary high or low.
  • ZigZag Deviation: The number of pips that pips can deviate above the previously plotted high or low for the Zig-zag indicator to re-change its highs and lows.
  • ZigZag Backstep: The minimum amount of bars between which the highs and lows can be plotted.
  • Margin of error (Tolerance) in Harmonic or Fibonacci calculations: chose accuracy level for B point retracement and C point retracement. by default 3% tolerance is used.
  • Margin of error (Tolerance) in PRZ calculations: tolerance for the 3 values of D point (XA retracement, AB=DC and BC retracement).
  • Define Fibonacci retracement levels: define ratio numbers to be used for other options.
  • ZigZag Bar history: number of bars used to calculate ZigZag.
  • ZigZag Points: number of Highs & Lows used for scan engine.
  • Harmonic validation period: Validation period from C point.
  • Use Standard Ratios only: scan for only retracement numbers defined in official recourses for B & C points.
  • Min. Harmonic scaner depth level: keep it 0 or try bigger number if you want to skip small patterns.
  • Max. Harmonic scaner depth level: should be equal or bigger than Min. level. the bigger the number the bigger pattern scan engine try to find and the more PC recourse will be consumed.
  • Show ZigZag on the chart: True to show zigzag lines.
  • Show Fibonacci retracement ratio on the chart: True to show retracement/expansion  of each zigzag line.
  • Show Fibonacci Defined levels on the chart: True to show ratios defined at the end of the chart.
  • ZigZag Color: choose your prefer color for ZigZag and Fibonacci levels.
  • Show Harmonic Patterns on the chart: True to show Harmonic patters.
  • Show AB=CD on the chart Based on Defined Fibonacci levels: True to show AB=CD Harmonic patters.
  • Show Harmonic Zones only: True if you want to show only the PRZ aria.
  • Harmonic Patterns Buy Color: Choose your prefer bullish color.
  • Harmonic Patterns Sell Color: Choose your prefer bearish color.






Reviews 2
hiro172cm
14
hiro172cm 2023.09.12 15:56 

Good

julian karpet
183
julian karpet 2022.03.01 15:26 

thanks

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Neuro Poseidon is a new indicator by Daria Rezueva. It combines precise trading signals with adaptive TP/SL levels - creating best possible trades as a result! Message me and get  Neuro Poseidon Assistant  as a gift to automize your trading process! What makes it stand out? 1. Proven profitability on all assets and timeframes 2. Only confirmed BUY and SELL signals present on the chart 3. Adaptive TP & SL levels generated by the software for each trade 4. Easy to understand - suitable for all
Gann Made Easy
Oleg Rodin
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Indicators
Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET TRADING  INSTRUCTIONS   AND GREAT EXTRA INDICATORS  FOR FREE! Probably you already heard about the Gann trading methods before. Usually the Gann theory is a
Liquidity Scalper System
Stanislav Konin
5 (2)
Indicators
Liquidity Scalper System: a liquidity-based trading system in indicator form. Most indicators only show an arrow, and the trader then has to decide where the stop goes, where the target is and whether the signal can be trusted at all. Liquidity Scalper System covers the full trade cycle: it finds liquidity pools, gives a signal when they are broken, immediately calculates Entry, Stop Loss and three targets, and shows statistics and out-of-sample test results on the panel. The system picks its o
Gold Channel XAUUSD
Paulo Rocha
5 (4)
Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
Currency Relative Strength
Ziheng Zhuang
5 (2)
Indicators
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  The basic principle Given eight currencies, USD,EUR,GBP,AUD,NZD,CAD,CHF,JPY, where each pair of two can be combined, resulting in a total of 28 pairs, a reverse algorithm is used to extract the strength of the eight currencies from these 28 pairs EURUSD,GBPUSD,AUDUSD,NZDU
Italo Volume Indicator
Italo Santana Gomes
4.92 (79)
Indicators
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
Non repaint MT4
Yan Zhen Du
5 (1)
Indicators
This is a professional chart indicator designed for traders focused on stability and clear price action. It helps filter market noise and provides clear visual entry and exit zones for your trading decisions. Core Features: Strictly Non-Repainting: The system is built with strict non-repaint logic. What you see on the chart is the true historical performance. Confirmed Signals: Signals are triggered and confirmed only after the candle closes . Once a trading arrow appears on a closed candle, it
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Gravity Force
Salman A A A T Bakhash
Indicators
Description: This indicator measures how far the price is away from Moving Average or multiple Moving Averages  (from Lowest MA Period to Highest MA Period). also you can apply  weighted factor that  increase / decrease from  lowest  MA to  highest  MA period. Inputs: Lowest MA Period Highest MA Period Weighted factor for Lowest MA Period Weighted factor for Highest MA Period MAs method MAs applied price ATR Period 1st band factor 2nd band factor 3rd band factor indicator Applied price
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Dolphin
Salman A A A T Bakhash
Experts
Live results: - Click Here . - Click Here . Manual File: you can find it Here in Telegram Group . What's new ... Click Here . Set files ... Click Here . By using Dolphin Expert you open a lot of new possibilities to your trading. It has a lot of customization and flexibility that no other expert in the markets offers! You can choose the strategy  based on rules or sequence of rules you define than  assign this rules to enter 1st order or/and enter cooling orders or/and enter boosting order
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hiro172cm
14
hiro172cm 2023.09.12 15:56 

Good

julian karpet
183
julian karpet 2022.03.01 15:26 

thanks

Salman A A A T Bakhash
7396
Reply from developer Salman A A A T Bakhash 2022.03.06 22:02
you are welcome
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