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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Day Trader Master is a complete trading system for traders who prefer intraday trading. The system consists of two indicators. The main indicator is the one which is represented by arrows of two colors for BUY and SELL signals. This is the indicator which you actually pay for. I provide the second indicator to my clients absolutely for free. This second indicator is actually a good trend filter indicator which works with any time frame. THE INDICATORS DO NOT REPAINT AND DO NOT LAG! The system is
Gold Signal Pro XAUUSD with Auto TP SL
Genki Andou
5 (1)
Indicators
KURAMA GOLD SIGNAL PRO (MT4) — Complete XAUUSD Trading System with 7-Layer Filter, Auto TP/SL, and Quality Scoring NON-REPAINTING. NON-REDRAWING. NON-LAGGING. Every signal is permanent. What you see is what you get. BONUS: Buy the lifetime license and receive AI Zone Radar ($59 value) + full PDF manual FREE. Message me after purchase. AI Zone Radar: https://www.mql5.com/en/market/product/175834 TRUSTED BY TRADERS: Already used by an active community of Gold traders. Praised for accuracy and
PZ Head and Shoulders MT4
PZ TRADING SLU
Indicators
Master head and shoulders patterns for better trading decisions A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. It predicts a bullish-to-bearish trend reversal and is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that a trend is nearing its end. [ Installation Guide | Update Guide | Trouble
PZ Double Top Bottom
PZ TRADING SLU
5 (1)
Indicators
Trade double tops and bottoms effectively The PZ Double Top/Bottom Indicator is a technical analysis tool that helps traders identify potential price reversal patterns in the market. These patterns, known as double tops and bottoms, are characterized by two consecutive peaks or valleys in the price of an asset. Double tops and bottoms are often seen as potential reversal patterns because they can signal a change in the direction of the current trend. [ Installation Guide | Update Guide | Troubl
Apex Break PRO MT4
Kestutis Balciunas
Indicators
Apex Break PRO is a non-repainting pivot trendline breakout indicator for MetaTrader 4. It detects pivot highs and pivot lows, draws dynamic sloped trendlines between consecutive pivots, and generates buy and sell signals when price breaks through those trendlines on a confirmed bar close. Every signal is filtered through up to four independent confluence layers — EMA trend, RSI boundaries, volume spike detection, and ADX trend strength — and rated with a star system so traders can immediately s
Gold Scalper Super
Aleksandr Makarov
5 (2)
Indicators
Gold Scalper Super is an easy-to-use trading system. The indicator can be used as a standalone scalping system on the M1 time frame, as well as part of your existing trading system. Bonus: when purchasing an indicator, Trend Arrow Super is provided free of charge, write to us after purchase. The indicator 100% does not repaint!!! If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to the loss of a deposit, because they can show a signal and then remove it.
Cyclic Impulse
Vitalyi Belyh
Indicators
Technical indicator that structures charts and identifies cyclical price movements. Can work on any charts. Several types of alerts. There are additional arrows on the chart itself. Without redrawing on history, works on closing a candle. Recommended TF from M5 and higher. Easy to use and configure parameters. When using 2 indicators with different parameters, you can use without other indicators. Has 2 input parameters Cyclicality and Signal duration These 2 parameters work with the processin
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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
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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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
7226
Reply from developer Salman A A A T Bakhash 2022.03.06 22:02
you are welcome
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