Trend Monitor VZ MT5

5

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 2
bandelero
474
bandelero 2023.10.01 12:22 
 

I use this indicator in order to narrow down the market each day. It gives me a very good overview and saves me a ton of time. The indicator is very stable and reliable and works based on fundamental market behavior. Highly recommended!

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Full Fractals — Fractals Without Noise The standard Fractals indicator overloads the chart : dozens of points, making it difficult to understand which ones actually matter. As a result, market structure becomes unclear, and levels have to be determined manually. Full Fractals solves this problem — it leaves only the key points where price actually responded. The indicator is based on the classic Bill Williams fractal logic and does not repaint after formation. Used in live trading to identify ma
FREE
Owl Smart Levels MT5
Sergey Ermolov
4.03 (32)
When trading with the trend, the main difficulty is not finding a level, but understanding where an entry is actually valid. Price often reacts to levels but fails to follow through — which leads to false entries or missed moves. Owl Smart Levels does not just show levels , but zones formed based on market structure and pullbacks. This allows you to evaluate entry points differently and avoid a portion of false signals. What is included in the Owl Smart Levels system? Owl Smart Levels is not ju
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
FREE
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
Universal Breakout
Sergey Ermolov
4.54 (35)
Universal Breakout is a simple and flexible expert advisor for trading range breakouts without unnecessary complexity. You define the time interval — the EA automatically determines the levels, places orders, and manages the trade.   HOW THE RANGE BREAKOUT STRATEGY WORKS The breakout strategy is based on a simple logic: when price moves beyond a formed range, it often leads to a strong movement. The range can be based on: trading sessions (Asian, European, American) daily highs and lows individu
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
Grid Hlevel MT5
Sergey Ermolov
4.56 (34)
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
Full Fractals
Sergey Ermolov
4.45 (11)
Full Fractals — Fractals Without Noise The standard Fractals indicator overloads the chart : dozens of points, making it difficult to understand which ones actually matter. As a result, market structure becomes unclear, and levels have to be determined manually. Full Fractals solves this problem — it leaves only the key points where price actually responded. The indicator is based on the classic Bill Williams fractal logic and does not repaint after formation. Used in live trading to identify ma
FREE
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
Valable ZigZag
Sergey Ermolov
4.57 (7)
Most traders use ZigZag incorrectly. It does not help to understand the market — it creates false signals and misleads you about the trend. Valable ZigZag solves this problem by showing the real structure of price movement and the market direction. Limitations of the classic ZigZag The classic ZigZag reacts to too many movements. As a result: even minor pullbacks look like significant changes level breakouts are perceived as signals but fail to follow through it becomes difficult to distinguis
FREE
Owl smart levels
Sergey Ermolov
4.26 (38)
When trading with the trend, the main difficulty is not finding a level, but understanding where an entry is actually valid. Price often reacts to levels but fails to follow through — which leads to false entries or missed moves. Owl Smart Levels does not just show levels , but zones formed based on market structure and pullbacks. This allows you to evaluate entry points differently and avoid a portion of false signals. What is included in the Owl Smart Levels system? Owl Smart Levels is not ju
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
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
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
FREE
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.
FREE
Grid HLevel
Sergey Ermolov
4.56 (25)
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
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
FREE
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
Trend Monitor VZ
Sergey Ermolov
3.67 (3)
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,
Panther Trade Scenario — displays a clear trade scenario directly on the chart. The indicator removes the main problem in trading — uncertainty at the moment you need to act. Instead of trying to guess the best timing, you see exactly: where to enter, where to limit risk, and where to take profit.   Why most trading mistakes happen at the entry The problem is not that you don’t understand the market. In most cases, it looks like this: you see the move, understand the direction, but at the moment
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bandelero
474
bandelero 2023.10.01 12:22 
 

I use this indicator in order to narrow down the market each day. It gives me a very good overview and saves me a ton of time. The indicator is very stable and reliable and works based on fundamental market behavior. Highly recommended!

Станислав Касьянов
83
Станислав Касьянов 2023.04.05 15:35 
 

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