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Trend Monitor VZ

33 USD

Demo downloaded: 67

Published: 22 March 2023

Current version: 1.3

Trend Monitor VZ

Name: Trend Monitor VZ
Price: 33.00 USD
Rating: 3.6666667 (3 reviews)
Author: Sergey Ermolov

3.67

Indicators
Sergey Ermolov
Version: 1.3
Updated: 13 April 2026
Activations: 5

MT5 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 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!

more...

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.

2417

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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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

33 USD

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

FREE

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

Prop Drawdown Dashboard — full real-time visibility into your prop challenge account All critical account information — in one panel and updated in real time: current drawdown, challenge progress, and how close you are to critical limits . 10 built-in prop firm presets: FTMO, FundingPips, The5ers, FundedNext , and others. Simply select the firm — all limits and timezone settings are loaded automatically . No more violations caused by incorrect trading day reset times. The indicator automatically

FREE

179 USD

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

FREE

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

FREE

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.

FREE

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

FREE

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

FREE

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

437 USD

107 USD

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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.

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Reply from developer Sergey Ermolov 2026.04.13 02:34 #

Hello, thank you for your feedback.
Refunds are handled according to MQL5 platform rules and cannot be influenced once the product is activated.
The feature you mentioned was later added as part of ongoing updates. Since then, the product has been significantly improved and further developed.

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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.

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danmar 2023.03.24 09:35 #

Станислав Касьянов 2023.03.23 10:42 #

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