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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FX Volume: Experience Genuine Market Sentiment from a Broker’s Perspective Quick Overview Looking to elevate your trading approach? FX Volume provides real-time insights into how retail traders and brokers are positioned—long before delayed reports like the COT. Whether you’re aiming for consistent gains or simply want a deeper edge in the markets, FX Volume helps you spot major imbalances, confirm breakouts, and refine your risk management. Get started now and see how genuine volume data can
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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
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Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The Pytrader ecosystem consists of a python script and a MT4 EA. (  MT5  version ) Further for the licensing an indicator is used.  The communication between the python script and the EA is based on sockets. EA is the  Server   and the python script the  Client .  It is always query(function / python script) and output(data / server). The EA doe
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Route Lines Prices is an indicator designed for finding price directions. Its simple interface contains multiple algorithms for price behavior and future direction calculations. These algorithms include volatility calculations and price smoothing based on the timeframes used. The indicator has a single parameter for changing the " Calculating Price Values " value. The default value of 1 provides a balanced automatic calculation, which can be used without manually configuring the indicator. By m
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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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Salman A A A T Bakhash
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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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Salman A A A T Bakhash
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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
7210
Reply from developer Salman A A A T Bakhash 2022.03.06 22:02
you are welcome
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