KT ZigZag Arrows MT5

5

The indicator plots the Up and Down arrows on every price swing made by the classic Zigzag indicator. When Zigzag makes a new swing low, a green arrow is plotted. Likewise, a red arrow is plotted when Zigzag makes a new swing high.


Features

  • Compared to the classic ZigZag, it marks the swing points more effectively.
  • It helps to identify the forming chart patterns in advance.
  • It comes with a Multi-Timeframe scanner which shows the Zigzag direction on each timeframe.
  • All Metatrader alerts included. 

Inputs

  • Depth: an integer value to decides the no. of bars in Zigzag turning points.
  • Deviation: percentage deviation before changing the direction.
  • Back Step: The min. no. of bars between Zigzag highs/lows. 
  • MTF Scanner: Shows the ZigZag direction across multiple time-frames.
  • Alert Settings

Drawbacks

The Zigzag is a repainting and lagging indicator, so it's pretty evident that the arrows based on it will also repaint and lag. It may seem perfect on historical data because it keeps adjusting itself according to the swing highs and lows.
Reviews 1
Burak Vardar
313
Burak Vardar 2025.01.30 17:43 
 

So ganz okay wäre besser wenn man nicht nur Pfeil hoch und runter Alarme bekommt sondern auch MTF Alarme was die genaue Trendrichtung zeigt das ermöglicht gute Ein und Ausstiege. Würde mich freuen wenn es zu ermöglichen ist.

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FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade
FX Trend MT5 NG
Daniel Stein
5 (6)
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FX Trend NG: The Next Generation Multi-Market Trend Intelligence Overview FX Trend NG is a professional multi-timeframe trend and market monitoring tool designed to give you a complete structural overview of the market in seconds. Instead of switching between dozens of charts, you instantly see which symbols are trending, where momentum is fading, and where strong alignment exists across timeframes. This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI tradi
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KEENBASE SOFTWARE SOLUTIONS
Experts
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Burak Vardar
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Burak Vardar 2025.01.30 17:43 
 

So ganz okay wäre besser wenn man nicht nur Pfeil hoch und runter Alarme bekommt sondern auch MTF Alarme was die genaue Trendrichtung zeigt das ermöglicht gute Ein und Ausstiege. Würde mich freuen wenn es zu ermöglichen ist.

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