Trend Monitor VZ

3.67

The Elliott Wave Theory is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The Valable ZigZag Indicator shows the wave structure of the market, as well as indicates the direction of the main trend at the moment on the current timeframe. For your convenience, the Trend Monitor VZ Indicator will display the trend direction on a chart for all timeframes, for the entire list of currency pairs that you trade.

Get an overall picture of the state of the market for all instruments on a single chart to make the right trading decisions!

The Valable ZigZag Indicator is very stable and does not often change direction like the classic ZigZag, confusing traders. This is achieved by using fractals for plotting the waves of the indicator.

The Valable ZigZag Indicator is first and foremost a trend indicator. It sets the main direction in which the trader should trade, and the Trend Monitor VZ Indicator gives a general idea of what is happening with the market at the moment.

For example:

If the indicator in all timeframes of the EURUSD pair shows the arrows upwards, it indicates a strongly established upward trend. It is too late to enter the market, because most likely the market has already passed enough points and there is a possibility of a local correction. In case the higher timeframes show an upward trend and the lower timeframes show a downward trend, we can look for an entry point in the direction of market movement on the higher timeframes.

Have a look at how the Valable ZigZag Indicator is used in the trend trading strategy Owl Smart Levels. And you can use the Trend Monitor VZ Indicator as a signal indicator to start looking for entry points in the direction of the global trend.

  • Have a look at the weekly trade reviews by clicking on the link >>

The basic indicator on which the main logic is tied is the Full Fractals Indicator, that is why there are only 2 main settings in external variables:

  • Candles on the left - determines the number of bars on the left to build a fractal
  • Candles on the right - determines the number of bars on the right to build a fractal

Use the Trend Monitor VZ Indicator in order to always follow the global trend in your trading, and see a cross-section of the market for all instruments at all timeframes on a single chart.

I'm Sergei Ermolov, subscribe to my updates!


Reviews 4
Jenny LK
1993
Jenny LK 2023.05.05 16:08 
 

I've been using Owl indicator of this author for one month and I found it very informative so I rent this scanner too. Great trend multi time analyzer. Worth the price.

danmar
2336
danmar 2023.03.24 09:35 
 

I just bought it and the first results are, for me , very interesting by the fact it give me early information for reversal before my others indicators and in scalping it is very important look very accurate, i appreciate a lot this dashboard not based on RSI that i already have but on trend i will come back after 1 week of trades, look so good already Thanks Warmly

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MTF Trend – Simple Trend Direction Indicator ( 3 timeframes ) You open a chart and don’t understand whether the market direction matches across different timeframes. MTF Trend shows it instantly — 3 arrows, 3 timeframes - one decision : are you trading with the trend or against it. What the indicator does A compact panel with 3 arrows appears on the chart. Each arrow shows the trend direction on its timeframe: ↑ uptrend ↓ downtrend You simply look at the panel and immediately understand: whether
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Universal Breakout MT5
Sergey Ermolov
4.23 (48)
Settings  |  MT4 version  |  Universal Box Trading Sessions Indicator   |   FAQ Universal Breakout   is an Expert Advisor that trades on   the classic price range breakout strategy . It can be set up for any   strategy that involves price breaking out of the price band , which is set by the time interval. For example : breakout of Asian, European or American trading session extremums, breakout of daily extremums or even the first H4 candle of Monday. In the EA settings you set the time range o
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Owl smart levels
Sergey Ermolov
4.26 (38)
MT5 version | How to install? | FAQ Owl Smart Levels — structured trend entries without unnecessary signals Owl Smart Levels is a complete trading system built into a single indicator. It doesn't just plot levels — it highlights zones where entering the market actually makes sense . The core logic is simple and proven: trend → pullback → entry The indicator automatically detects these zones and filters out situations where price only touches a level without continuation. Key difference: Most to
MiloBot PRO MT5
Sergey Ermolov
4.8 (5)
Backtests from 2015 |  MT4 version |  FAQ MiloBot PRO  is a Forex Expert Advisor (EA) based on the  author's strategy  which has been developed, tested and optimized for more than 2 years. The main indicator of the MiloBot PRO’s reliability is developers’  real accounts totaling more than  100 000 USD . The MiloBot Pro’s advanced  algorithmic strategy  gives everyone the opportunity to earn the stable profit every month.  Copyrighted indicators   help the EA accurately to enter the market when
Candle Countdown — Accurate Time to Close for MT5 Candle Countdown is a simple and precise tool that shows the remaining time until the current candle closes directly on the chart. When your entry depends on the candle close, even a few seconds matter. This indicator helps you see the exact time and make decisions without rushing or guessing. An indicator for precise control over candle closing time. The indicator displays: time remaining until candle close current server time spread Stop Level
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Full Fractals
Sergey Ermolov
4.45 (11)
MT5 version  |   Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |  FAQ The Fractals Indicator is one of the elements of the author's trading strategy of  Bill Williams . It is used to search for price reversal points on the price chart and, consequently, support and resistance levels. The Full Fractals Indicator is an improved Fractals which is available in the toolkit of almost all trading terminals. Its only difference is that to build a fractal we use 5 candles to the left and 2
FREE
MTF Trend
Sergey Ermolov
MTF Trend – Simple Trend Direction Indicator ( 3 timeframes ) You open a chart and don’t understand whether the market direction matches across different timeframes. MTF Trend shows it instantly — 3 arrows, 3 timeframes - one decision : are you trading with the trend or against it. What the indicator does A compact panel with 3 arrows appears on the chart. Each arrow shows the trend direction on its timeframe: ↑ uptrend ↓ downtrend You simply look at the panel and immediately understand: whether
FREE
Shuttle Runner
Sergey Ermolov
4 (20)
The swing strategy is the basis of the Shuttle Runner Expert Advisor . The strategy was described as far back as 2009 and is actively used by traders in the Forex market. Shuttle runner is a revised and improved version of this strategy. The basic gist of the strategy is this: This advisor should be traded  only during active market phases . And we know that the market is active during the European and American trading sessions (you can also take the Asian, but the prerequisite is the presence
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Universal Breakout
Sergey Ermolov
4.53 (34)
Settings  |  MT5 version  |  Universal Box Trading Sessions Indicator |  FAQ Universal Breakout is an Expert Advisor that trades on the classic price range breakout strategy . It can be set up for any strategy that involves price breaking out of the price band , which is set by the time interval. For example : breakout of Asian, European or American trading session extremums, breakout of daily extremums or even the first H4 candle of Monday. In the EA settings you set the time range over which
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Valable ZigZag
Sergey Ermolov
4.57 (7)
MT5 version  |  Trend Monitor VZ Indicator  |  Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |   FAQ The Elliott wave theory   is an interpretation of processes in financial markets that relies on a visual model of waves on price charts.   The Valable ZigZag indicator   displays the wave structure of the market, which can be used to make trading decisions. The Valable ZigZag indicator is more stable and does not often change its direction like the classic ZigZag indicator, misleadin
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Grid Hlevel MT5
Sergey Ermolov
2 (1)
MT4 version |  Valable ZigZag Indicator  |   FAQ The  Grid HLevel  Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works  according to  the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the in
Universal Box MT5
Sergey Ermolov
4.43 (7)
MT4 version   |  FAQ  |   EA Universal Breakout   Universal Box   plots   price ranges   on the chart which can be used later to trade on a price range breakout. There are many strategies with which you can apply this indicator. The indicator is set by default to mark   Asian, European and American trading session   ranges on the chart. Ranges are plotted as rectangles, the boundaries of which are the beginning and end time of the trading session, and the levels of maximum and minimum prices fo
FREE
Candle Countdown — Accurate Time to Close for MT4 Candle Countdown is a simple and precise tool that shows the remaining time until the current candle closes directly on the chart. When your entry depends on the candle close, even a few seconds matter. This indicator helps you see the exact time and make decisions without rushing or guessing. An indicator for precise control over candle closing time. The indicator displays: time remaining until candle close current server time spread Stop Level
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Universal Box
Sergey Ermolov
5 (1)
MT5 version |  FAQ  | EA Universal Breakout   Universal Box plots price ranges on the chart which can be used later to trade on a price range breakout. There are many strategies with which you can apply this indicator. The indicator is set by default to mark Asian, European and American trading session ranges on the chart. Ranges are plotted as rectangles, the boundaries of which are the beginning and end time of the trading session, and the levels of maximum and minimum prices for that period.
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Safety
Sergey Ermolov
5 (2)
I think everyone knows such a rule of money management as "Safe". For those who are not aware, the safe assumes closing half of the position after the profit on the transaction has equaled the size of the stop. Thus, even if the price reverses and catches the stop, you will not lose money, because exactly the same amount of profit was received when closing part of the position earlier. The Safety Expert Advisor has only one setting – the closing lot. Leaving it at position 0, the adviser will
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Grid HLevel
Sergey Ermolov
MT5 version |  Valable ZigZag Indicator   |   FAQ The Grid HLevel Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works  according to the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the indi
MiloBot PRO
Sergey Ermolov
5 (3)
Backtests from 2015 |  MT5 version  |  FAQ MiloBot PRO  is a Forex Expert Advisor (EA) based on the  author's strategy  which has been developed, tested and optimized for more than 2 years. The main indicator of the MiloBot PRO’s reliability is developers’  real accounts totaling more than  100 000 USD . The MiloBot Pro’s advanced  algorithmic strategy  gives everyone the opportunity to earn the stable profit every month.  Copyrighted indicators   help the EA accurately to enter the market when
ATR Zone
Sergey Ermolov
ATR is an important indicator for any financial market. The abbreviation ATR stands for Average True Range. This indicator is a tool to determine the volatility of the market, this is its direct purpose. ATR shows the average price movement for the selected period of time. The initial price of the indicator is 63$. The price will increase every 10 sales up to 179$ The original ATR indicator is present in many trading programs. The ATR indicator is not very informative, so I modified its data and
Trend Monitor VZ MT5
Sergey Ermolov
5 (1)
MT4 version   |  Valable ZigZag Indicator  |   FAQ The Elliott Wave Theory  is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The  Valable ZigZag Indicator  shows the   wave structure of the market , as well as indicates the direction of the main trend at the moment on the current timeframe. For your conven
ATR Zone MT5
Sergey Ermolov
ATR is an important indicator for any financial market. The abbreviation ATR stands for Average True Range. This indicator is a tool to determine the volatility of the market, this is its direct purpose. ATR shows the average price movement for the selected period of time. The original ATR indicator is present in many trading programs. The ATR indicator is not very informative, so I modified its data and got the   ATR Zone Indicator . The ATR Zone Indicator displays levels on the chart, which ar
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Forex4trade
70
Forex4trade 2023.08.21 18:05 
 

DO NOT BUY from this user!!!!! I purchased the product and it did NOT work. I requested from the user to modify the indicator, and he said he will do it but that he will place it at the bottom of his queue. Since he did not provide me with a release date, which it could be in a several Months I requested for a refund for which he said he would not honor my request. He said refunds are provided via the web site, however, he clearly knows that once you download the product and try to run it or activate it, you are no longer able to request for a refund. I reached out to him to see if there was anything that can be done, and he said he would address making changes to the indicator, but basically at his own time and that did not work for me. Bottom line - DO NO BUY from this user as the products are not good.

Sergey Ermolov
215492
Reply from developer Sergey Ermolov 2023.09.26 08:30
Hello.
As you requested, I added the ability to move the information panel to the indicator. Everything is in the order of the queue of assigned tasks.
Although I do not believe that if the information panel does not have the ability to move it is considered a low-quality product
Jenny LK
1993
Jenny LK 2023.05.05 16:08 
 

I've been using Owl indicator of this author for one month and I found it very informative so I rent this scanner too. Great trend multi time analyzer. Worth the price.

danmar
2336
danmar 2023.03.24 09:35 
 

I just bought it and the first results are, for me , very interesting by the fact it give me early information for reversal before my others indicators and in scalping it is very important look very accurate, i appreciate a lot this dashboard not based on RSI that i already have but on trend i will come back after 1 week of trades, look so good already Thanks Warmly

Станислав Касьянов
83
 

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