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ZigZag Lines MTF

Multitimeframe ZigZag indicator. It displays the support/resistance lines and their breakouts, as well as draws the current targets of the market. It can also display lines of the Fractals indicator and candles from other periods (up to Quarterly). 

The indicator redraws the last (current) point, and in some cases can change the last 2-3 points.

This version is for MT4 only.

All lines are drawn as objects (not indicator buffers, but there is a possibility to receive the data for the EA).
When used in an Expert Advisor, you can read ZigZag points using iCustom. For this you need to specify the number of points in the very first parameter. The current (last) point will have an index of 0, the previous index of 1, etc.

For example:

//Calculate the last "10" points, and find out the current price-time.
double   price_0=iCustom(_Symbol,_Period,"ZigZagLines","10",0,Depth,Deviation,Backstep,0,0);
datetime start_time_0=(datetime)iCustom(_Symbol,_Period,"ZigZagLines","10",0,Depth,Deviation,Backstep,1,0);
datetime end_time_0=(datetime)iCustom(_Symbol,_Period,"ZigZagLines","10",0,Depth,Deviation,Backstep,2,0);


Parameters

  • Mode — draw support and resistance levels based on:
    • Zig Zag — the ZigZag indicator;
    • ZigZag Close — the ZigZag Close indicator;
    • Fractals — the Fractals indicator;
    • High-Low of the period — building an indicator by high-low levels. The timeframe is specified in the Period parameter;
    • Candles only — draw only Candles;
  • Depth — the minimum number of candlestick, for which Zigzag will not draw the second maximum (or minimum), if the last one is Deviation less (or greater) than the previous one;
  • Deviation — the minimum number of points between the Highs/Lows of two adjacent candlesticks for the Zigzag to form a local top/bottom;
  • Backstep — the minimum number of candlesticks between the local Highs/Lows;
  • Period — period for calculation of ZigZag of Fractals;
  • Max bars to calculate (bars) — the maximum number of bars for calculation. This limitation is introduced to speed up the calculations;
  • Show Zigzag — show the ZigZag;
  • Show current ZZ-point (redrawing point) — show current (last) point;
  • Show Price — show the price of the levels;
  • Show Targets — show the current targets (where the market is headed);
  • Show broken lines) — show the broken levels;
  • Extend broken lines (bars) — extend the broken lines to the right by the specified number of bars;
  • Show Dot at the start of the line — display dots at the turning points of the indicator;
  • Pop up alerts — pop-up alert when touching a level;
  • Push notifications — Push-notification;
  • E-mail notifications — notification by e-mail;
  • Sound alert — sound alert when touching a level;
  • Alert when "Line breakout" — alert when the ZigZag level is broken;
  • Alert when "Changing the ZigZag direction" — alert when changing direction of ZigZag;
  • Alert when "Price is near the line" — alert if the price is near the level (once a bar, the current point of the ZigZag is not checked);
  • Distance to the line for alert (points) — distance for alert (in points);
  • Upper line color — color of the upper lines;
  • Lower line color — color of the lower lines;
  • Main line width — width of the main line;
  • Main line style — style of the main line;
  • Used line width — width of the used line;
  • Used line style — style of the used line;
  • Font size price — font size for the Prices;
  • Font size dot — font size for the Dots;
  • ZigZag color — color of the ZigZagа;
  • ZigZag width — width of the ZigZag lines;
  • ZigZag style — style of the ZigZag lines;
  • Display candles — enable the display of candles from other periods;
  • Candles period — period for the candles, all standard ones plus Quarterly;
  • Number of Candles in the past — the number of candles on the chart;
  • Shadow color — candle of the candle wicks;
  • Body color (bullish) — body candle of a bullish candle;
  • Body color (bearish) — body color of a bearish candle;
  • Save points to global variables — store points in the Global Variables of the terminal;
  • Number of points to be stored — number of points to be stored (current point is zero);
  • Prefix global variables — prefix for Global Variable names.


Comentarios 8
varon
158
varon 2020.04.28 12:33 
 

спасибо! замечательный индикатор. рекомендую всем!

3316589p
739
3316589p 2019.04.09 10:44 
 

Great indicator, thank you

Babak Shahabi
9494
Babak Shahabi 2018.08.22 14:25 
 

Nice indicator!

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Centaurus Trend Engine is an indicator that uses custom indicators to give the current momentum moves of the market with a multi-timeframe approach to trading. Features Value Area -It is the (red/green) rectangular box on your chart based on the dynamic structure period set;Green to indicate you focus on LONG moves & Red for SHORT moves Analysis - Displays The Market Analysis Strength - Displays The Market Strength Trend - Displays The Market Trend Entry State - Displays the BEST entry time for
50 USD
CME CallPut Option Ratio MT4
CME CallPut Option Ratio MT4
Vasiliy Sokolov
Call/Put Ratio is one of the most well-known indicators of the market sentiment. The indicator has been developed by Martin Zweig. It is based on real volumes of the CBOE option market. As we know, a Call option gives its owner the right to buy the underlying asset at a predetermined price. A Put option gives the right to sell it. Thus, increasing volumes for Call options indicate the increasing demand. The growth of Put option volumes shows that supply starts exceeding demand. If we divide the
50 USD
VR Small Chart
VR Small Chart
Vladimir Pastushak
The indicator displays a separate mini chart in a working window similar to МТ5 mini charts. You can expand/collapse the chart, change the chart symbol, period, as well as time and price scales. The app works in the strategy tester and you can switch the period of a mini chart. Settings Select symbols - All Symbols: all symbols provided by a broker, Only market watch: only the symbols present in the Market Watch Prefix - two letters for distinguishing between a few indicator copies (if more th
59 USD
Actual Levels
Actual Levels
Ilya Fomin
The indicator shows significant support and resistance levels. When the price approaches these levels, it in some way responds either to the levels themselves, or to the areas that are near these levels. These levels can be viewed as potential reversal zone. Accordingly, the levels can be used for performing trading operations or closing previously opened positions. For example You can buy if the price rolls back from the support level upwards, or sell if the price rolls back from the resistan
99 USD
Best And Worst Dashboard
Best And Worst Dashboard
Chantal Sala
Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki
100 USD
TIL Timeframe Overlay
TIL Timeframe Overlay
Viktor Macariola
The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi
97 USD
Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
TPA True Price Action MT4 Indicator
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. The first part of the TPA manual "The Basics" is now available (free to g
168 USD
FXtraderariel Indicator
FXtraderariel Indicator
Ariel Capja
This is the FXTraderariel-Indicator . It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading . The indicator can be used on every time frame , but we advise to use it on H1, H4 and D1 . Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit point
100 USD
Netsrac ADR Dashboard
Netsrac ADR Dashboard
Carsten Pflug
The intention of the dashboard is to provide a quick overview of the daily, weekly and monthly range of configured assets. In "single asset mode" the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. If a configured threshold is exceeded, the dashboard can send a screen alert, a notification (to the mobile MT4) or an email.  There are various ways of using this information. One approach is that an asset that has completed nearly 100% of
59 USD
Bermaui Pin Bars
Bermaui Pin Bars
Muhammad Elbermawi
Bermaui Pin Bars   Or (BPB) is an indicator that find Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Hammer, Inverted-Hammer, Hanging Man, Shooting Star, Dragon Fly Doji or Grave Stone Doji. Bermaui Pin Bars indicator find this pattern depending on a formula that can be explained in the next steps: At first BPB calculate the
50 USD
Auto Trend Liner Displaying chart patterns
Auto Trend Liner Displaying chart patterns
Velmurugan Esakki
The Indicator automatically draws trend lines ( Support & Resistance Lines) when attached to any opened chart with any time frame. Button controls with on(green)/off(red) are provided to display the Support & Resistance lines of short, medium, long, very long, v.v.long trends. For ex: to display only short, long term trend lines, make sure that the short and long buttons are in green color and the remaining 3 buttons in red color.
90 USD
Naked Forex Kangaroo Tail
Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
147 USD
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Gann Square of 144
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Taras Slobodyanik
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ZigZag Dashboard for MT4
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Multicurrency and multitimeframe modification of the ZigZag indicator. Displays the current direction of the market, the height of the last movement, the number of bars in this movement and the breaking of the previous point of the ZigZag. You can specify any desired currencies and timeframes in the parameters. Also, the panel can send notifications when the ZigZag changes direction or when there was a breakthrough of the previous point. By clicking on a cell with a period, this symbol and peri
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
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Taras Slobodyanik
It is important to see the current and future goals of price movement. This indicator shows the level of possible targets and roll-backs. Levels are drawn beforehand meaning that possible futurev target levels are drawn at the current moment, while the current targets can be found in the recent past. Settings Multiplier for the levels — shift multiplier. On larger timeframes, this parameter should be lower, on the small timeframe you can put it higher. Fibo coefficients, as well as the values
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FX Snipers T3 CCI Divergence version
FX Snipers T3 CCI Divergence version
Taras Slobodyanik
This is the famous FX Sniper's T3 CCI indicator. It is a fixed version additionally containing search for classical and reverse (hidden) divergence. The classical divergence is displayed as a solid line, the reverse divergence is shown as a dotted line. Divergences are drawn in the indicator and on the chart (if you select the appropriate options). Parameters CCI Period — Commodity Channel Index indicator period CCI Type of price — price used for indicator calculation T3 Period — Sniper peri
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Fibo Candle Previous
Fibo Candle Previous
Taras Slobodyanik
The indicator plots the Fibonacci levels based on the previous closed bar (including non-standard timeframes: Year, 6 Months, 4 Months, 3 Months, 2 Months). The levels are redrawn every time the current bar closes. It is possible to enable alerts when crossing the specified levels. You can also analyze levels in history. To do this, it is necessary to specify the number of Fibo levels in the "Number of Fibo in the past" parameter. Parameters Number of Fibo in the past — the number of Fibo leve
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Levels of Timeframes
Levels of Timeframes
Taras Slobodyanik
The indicator shows the High/Low /Open/Close Levels from other (and non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, 4 Hours. You can also set the shift for opening candles and build virtual candles. "Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels. You can also shift all levels to the right by one period. That is, the High/Low of the pre
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Angle Dashboard
Angle Dashboard
Taras Slobodyanik
This is a multicurrency and multitimeframe indicator that calculates the angle between two points. Points for measuring the angle can be taken from the ZigZag (the last two points), or from the Moving Average (between two given bars), or it can be the closing prices of bars. Angle measurement is possible in degrees or in radians. You can select the scale for the calculation. For a better understanding of the indicator, you can study the free Angle High Low indicator. In the parameters you can sp
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Symbol Manager
Symbol Manager
Taras Slobodyanik
Symbol Manager or Grid Manager, designed to group orders into one position (by symbol and direction). This utility will be useful to multi-currency traders, who can have multiple orders on several pairs. You will be able to see the total number of lots, the total profit, and set virtual stop loss and virtual take profit. To set a real TP (or SL), you must first set the virtual value, and then enter the command: "set". Parameters Order Grouping Mode — grouping orders by symbol or without grou
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Bollinger Bands Dashboard MT4
Bollinger Bands Dashboard MT4
Taras Slobodyanik
Multicurrency and multitimeframe modification of the indicator Bollinger Bands. On the dashboard you can see breakouts and touches of the Bollinger Bands. In the parameters you can specify any desired currencies and timeframes. The indicator can also send notifications when touching Bollinger Bands. By clicking on a cell with a period, this symbol and period will be opened. You can download the demo and test it in the strategy tester (there will be only one symbol, but all periods). Parameters
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Standard Deviation Channel Dashboard
Standard Deviation Channel Dashboard
Taras Slobodyanik
Multicurrency and multitimeframe indicator of the Standard Deviation Channel. Displays the current direction of the market.   On the panel, you can see breakouts and touches (by price) of the levels of the linear regression channel. In the parameters, you can specify any desired currencies and timeframes. Also, the indicator can send notifications when levels are touched. By clicking on a cell, this symbol and period will be opened. «Standard Deviation Channel is built on base of Linear Regressi
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Filtro:
florica
21
florica 2020.11.24 17:57 
 

money thrown away .... it's not what it looks like in the demo ... I want my money back

Naser
1243
Naser 2020.10.05 12:23 
 

❌❌❌❌❌

varon
158
varon 2020.04.28 12:33 
 

спасибо! замечательный индикатор. рекомендую всем!

3316589p
739
3316589p 2019.04.09 10:44 
 

Great indicator, thank you

Babak Shahabi
9494
Babak Shahabi 2018.08.22 14:25 
 

Nice indicator!

rainwalker123
2768
rainwalker123 2018.03.18 10:49 
 

Very Good Product

PJ CHAWLA
1764
PJ CHAWLA 2017.08.17 17:57 
 

Deserves 5 Stars. Good job.

Ferdinandus Charlie
1199
Ferdinandus Charlie 2017.06.04 16:24 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 4.2 2021.04.05
1) Added display of the number of points between High and Low (Show range High-Low).
Versión 4.1 2021.03.17
1) Update for the new MT4 build.
Versión 4.0 2020.06.10
1) Recompilation for the new build.
Versión 3.9 2020.04.14
1) Fixed a new bug with displaying dots.
Versión 3.8 2020.04.14
1) Added parameter "Show Horizontal Lines".
Versión 3.7 2019.10.30
1) Code optimization.
Versión 3.6 2019.10.30
1) Fixed copy bug for iCustom function.
Versión 3.5 2019.10.23
1) Added a new mode "High-Low of the period".
2) Code optimization.
Versión 3.4 2019.04.07
1) Added new mode "ZigZag Close".
2) Added alert when the price is near the line.
Versión 3.3 2018.10.28
1) Fixed a bug in the calculation of the time of the end of the line.
Versión 3.2 2018.10.14
Fixed buffer name "ZZ Broken" to "ZZ Unbroken".
Versión 3.1 2018.10.14
1) Added buffer for current Zigzag targets (ZZ Target UP, ZZ Target DN).
Versión 3.0 2018.10.14
1) Added the ability to read points using iCustom. Points are saved sequentially in the indicator buffer.
Versión 2.31 2018.08.28
1) Added the name of the pair, to the prefix of the global variables.
Versión 2.30 2018.08.25
1) Added displaying the current point - "Current ZZ-point (Redrawing point)".
2) Added options for saving points in the Global Variables. Now you can read the coordinates of points using EA.
3) Code optimization.
4) Fixed bug of double fractal.
Versión 2.20 2018.06.01
1) The indicator can now draw levels using Fractals. The "Draw Support & Resistance on the Fractals" parameter.
2) Added the option ti disable dots at the beginning of lines using "Dot at the start of line". Also, there is an option to set the size of these dots using "Font size dot".
3) Now you can run several instances of the indicator in one window.
4) Code optimization.
Versión 2.10 2017.08.16
1) Added option "Add alert when changing the direction of ZigZag"
2) Fixed minor bugs.
Versión 2.0 2017.06.06
1) Added Candles of other periods (up to the Quarter).
2) Small fixes.