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Historical Memory ZigZag MT4

Do you want to see the future lines of the ZigZag indicator?

This indicator will help you do that because the indicator model is based on two indicators: Historical Memory and ZigZag. So it can forecast the ZigZag lines. Very useful as an assistant, acts as a key point to forecast the future price movement.

The forecast is made using the method of searching the most similar part in the history (pattern) to the current one. The indicator is drawn as a line that shows the result of change of the ZigZag lines. Moreover, you can visually find and compare the quality of a history pattern with an actual pattern. In addition to all the above, the indicator is able to make a forecast taking into account not a single found pattern, but multiple (in the indicator it is called layers). 

It also has a GUI.


Description of Parameters

The ZigZag indicator

  • Depth - number of bars on which the ZigZag node will not be built if the Deviation condition was not met.
  • Deviation - deviation (the difference between extremums of bars that is considered sufficient for building a new node).
  • Back Step - the minimum number of bars between the maximums (minimums).

Forecast

  • Prediction Freeze - allows to freeze displayed forecast.
  • Layers Show Mode - layer display mode: 'ALL' - all layers will be shown as separate lines; 'AVERAGE' - a multi-layer view as a smoothed line.
  • Show All Backward Lines - backward lines of all layers will be displayed.
  • Pattern: Size(in ZZ nodes)[1...] - the size of the pattern in ZZ nodes.
  • Prediction: the number of ZZ nodes[1...] - the number of ZZ nodes used for the forecast.
  • Searching: depth of history(in ZZ nodes)(0 - all ZZ nodes) - the depth of the history used to search for the best correlation.
  • Searching: Step(in ZZ nodes) - search step: the higher step value provides a higher speed with a lower search quality.
  • Prediction: Layers total [1...20] - the number of layers (no more than 20): the more layers, the greater the variability of the forecast.
  • Searching: From ZZ node (in history) - the forecast begins from this node of the ZZ.

    Panel

    • Use? - enable/disable the panel.
    • Panel Transparent(%)[0...100] - Transparency of the panel.
    • Background Color - color of the panel.
    • Button Color - color of the button.
    • Button Txt Color - the color of the text on the button.
    • Button Border Color - the color of button borders.
    • Correlation Color - the color of correlation text.
    • Description Color - the color of the parameter description label.
    • Description Border Color - the color of borders of the parameter description label.
    • Description Txt Color - the color of the parameter description text.
    • Value Txt Color - the color of the parameter value text.
    • Position: X - shift of the starting position of the panel in pixels from the left border.
    • Position: Y - shift of the starting position of the panel in pixels from the upper border.
    • Panel Size Scale - factor to change the panel size.

    Graphics

    • Objects Name Prefix - prefix name of the graphic objects. 
    • Use Vertical Lines - show/hide vertical lines on the chart.
    • Backward: vertical line color - the color of the past vertical line.
    • Backward: text color - the color of past labels.
    • Backward: vertical line style - the style of the past vertical line.
    • Forward: vertical line style - the style of the future vertical line.
    • Backward: Text Size - text size of past labels.
    • Forward: Text Size - text size of future labels.
    • Layer 1: color - the line color of the first (main) layer.
    • Layer 2: color - the line color of the second layer.
    • Layer 3: color - the line color of the third layer.
    • ...
    • Layer 20: color - the line color of the twentieth layer.




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    Ultimate Engulfing Scanner Multi Pair Multi TF
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    PipFinite Breakout EDGE
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    Better Volumes
    Illia Zhavarankau
    Description: The indicator of tick volumes Better Volumes allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volumes the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: Display_Bars - the number of displayed bars (at 0, all are
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    Bruces Price Predictor
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    MQLTA Support Resistance Lines
    MQL4 Trading Automation
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    Ultimate Reversal Scanner With Trend Filter
    ScorpionFX
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    Peace ind
    Vasiliy Strukov
    ⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ The most important task of the trader is to discover the trend and follow it. Peace - a trend indicator, used to determine the current trend. Manual how to use indicator you can find at comment #2. I use it to set the trading direction for the  Idea Pro Gold  adviser (trade buy or trade sell). It works on all instruments - forex, indices, oil, gold, stocks and all time frames. Recommended time fram
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    Williams Dashboard
    Pablo Mozo Bel
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    Best And Worst
    Chantal Sala
    The Best and Worst indicator (similar to Net Change Indicator) has the peculiarity of being a dynamic indicator. It seems a very Stock Exchange Indicator. This means that it is able to draw up a list and put in order the best and worst instruments in descending order. You can choose to show the percentage of any Time Frame: 1M, 5M, 15M, 30M, H1, H4 etc ... This instrument could really give great suggestions on your trading in order to center the right time and to have a total view of the markets
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    Sam TrendBlaster
    AKILA THILINDA JAYARATHNA RANASINGHEGE
    *****ARROWS NON REPAINT ***** Trade With Sam Simple Strategy Guide :  https://www.mql5.com/en/blogs/post/740855 Try Out and see the Difference The Sam's Trend Blaster indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. This is an arrow indicator that shows precise price reversals. A great arsenal to add to any chart. Amazin
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