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ZigZag Lines MTF for MT5

5
Multi timeframe ZigZag indicator. It displays the support/resistance horizontal 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.

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.

Settings

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;
      Display on the chart

      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;

      Check the breakout of the Lines by price:

      • High-Low (current bar)
      • High-Low (previous bar)
      • Close (previous bar)
      • Open (current bar)
      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;
      Show amount of touches — show the number of touches near the line price;
      Offset for touches (above/below from the ZZ-point, points) — the range in which the ZZ-point will be considered as touching the level. 
        Alerts

        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);
          Colours

          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;
            Candles

            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.


              Avis 7
              Tyler Sanchez
              528
              Tyler Sanchez 2022.11.07 23:33 
               

              I highly recommend this indicator, it is very well developed!

              Alessandro Lopes Da Silva
              353
              Alessandro Lopes Da Silva 2022.06.15 13:30 
               

              I've been working with the Gold market for many years, the best indicator I've ever used, I recommend it to everyone! Very useful for those looking for medium and long term targets, the indicator gives a very broad view of the market!

              HOGJoerch63
              249
              HOGJoerch63 2022.05.09 07:39 
               

              very useful indicator to get an overview. Thumbs up

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              Marzena Maria Szmit
              5 (1)
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              Trend Line Map Pro MT5
              STE S.S.COMPANY
              4.88 (8)
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              The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
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              Smart Peak Bottom
              Xiaoyu Huang
              5 (2)
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              Présentation       Quantum Breakout PRO   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous négociez les zones d'évasion ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Évasion quantique PRO       est conçu pour propulser votre parcours commercial vers de nouveaux sommets grâce à sa stratégie de zone de discussion innovante et dynamique. Quantum Breakout Indicator vous donnera des flèches de signalisation sur le
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              Taras Slobodyanik
              5 (1)
              This is an indicator of trading sessions  that can display all levels (Open-High-Low-Close) for four sessions . The indicator can also predict session levels. Sessions can be drawn with lines or rectangles (empty or filled), lines can be extended to the next session. You can easily hide/show each session by pressing hotkeys (by default '1', '2', '3', '4'). You can see ASR (Average Session Range) lines  (default hotkey 'A'). This is similar to the ADR calculation, only it is calculated based on
              Multicurrency and multi timeframe modification of the Relative Strength Index (RSI) indicator. You can specify any desired currencies and timeframes in the parameters. Also, the panel can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the chart is "D" by default. Similar to the Currency Strength Meter, the Dashboard can automatically select pairs
              MA Dashboard MT5
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              Multicurrency and multitimeframe modification of the indicator Moving Average (MA). On the dashboard you can see the current state of the indicator - breakouts and touches (by price) of the Fast MA and Slow MA, as well as the intersection of the MA lines between each other (moving average crossover). In the parameters you can specify any desired currencies and timeframes. Also, the indicator can send notifications about the price touching the lines and about their crossing. By clicking on a cell
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              The indicator automatically draws the Fibonacci levels based on  ZigZag indicator,  Trading Sessions,  Fractals or Candles (including non-standard timeframes: Year, 6 Months, 4 Months, 3 Months, 2 Months) ( Auto Fibonacci Retracement ). You can choose any higher time frame for Fibo calculation. 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 specif
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              Taras Slobodyanik
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              The indicator displays profit (loss) on the current symbol. You can freely drag and drop the line to display the current profit or loss. Parameters Calculation in money or in points — calculate the profit/loss in points or money. Add pending orders to calculate — take pending orders into account in calculations. Magic Number (0 - all orders on symbol) — magic number, if it is necessary to evaluate specific orders. Offset for first drawing (points from the average price) — offset of the line f
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              Time Scale for MT5
              Taras Slobodyanik
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              MACD Dashboard
              Taras Slobodyanik
              Multi-currency and multi-timeframe indicator MACD. The dashboard can display both the Traditional (true) MACD and the MACD which is built into MetaTrader. On the panel you can see the current state of the indicator — the direction of movement of the MACD lines, their intersection and a pop-up window with the indicator chart. In the parameters you can specify any desired pairs-symbols and timeframes. The scanner can also send notifications about lines crossing each other and about lines crossing
              The indicator has three main tools: Magnifier (Zoom chart), Ruler  ( Time and Price scales ),   and Crosshair. You can move it all around with your mouse and customize different formats for  displaying , customize   size and color of each element. The Magnifier (zoom chart) allows you to display candles from any time frame and at different scales. Default hotkeys: 'Q' - higher timeframe, 'A' - lower timeframe, 'W' - decrease candle size, 'S' - increase candle size, 'Z' - show/hide zoom chart.
              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. This is MTF Scanner. The key to hide the dashboard from the char
              Multicurrency and multitimeframe modification of the Stochastic Oscillator. You can specify any desired currencies and timeframes in the parameters. The panel displays the current values and intersections of the lines — Signal and Main (stochastics crossover). Also, the indicator can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the chart is "D"
              ADX Dashboard
              Taras Slobodyanik
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              Multicurrency and multi-timeframe indicator Inside Bar (IB). In the parameters, you can specify any desired currencies and timeframes. The panel displays the last found Inside Bar (and Mother Bar) pattern, the current price position and the breakout of the levels of the Mother and Inside Bars. You can set the size and color for bars and text in the cells. The indicator can also send notifications when levels are broken. By clicking on a cell with a period, the specified symbol and period will b
              Pro Sessions MT4
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              Taras Slobodyanik
              4.8 (10)
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              Symbol Manager or Grid Manager, designed to group orders into one position (by symbol and by 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 in this cell: "set". If you want to set real TP/SL for all orders at once, then en
              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 the price touches the Bollinger Bands, when the current volatility changes (expands or falls), and when the price touches all the bands. By clicking on a cell with a period, this symbol and period will be opened. This is MTF
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              Taras Slobodyanik
              5 (1)
              Multi-currency and multi-timeframe indicator MACD. The dashboard can display both the Traditional (true) MACD and the MACD which is built into MetaTrader. On the panel you can see the current state of the indicator — the direction of movement of the MACD lines, their intersection and a pop-up window with the indicator chart. In the parameters you can specify any desired pairs-symbols and timeframes. The scanner can also send notifications about lines crossing each other and about lines crossing
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              Taras Slobodyanik
              4.75 (4)
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              ZigZag Dashboard for MT5
              Taras Slobodyanik
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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 (horizontal line). This is MTF Scanner. 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
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              Taras Slobodyanik
              4.5 (2)
              Multicurrency and multitimeframe modification of the indicator Moving Average (MA). On the dashboard you can see the current state of the indicator - breakouts and touches (by price) of the Fast MA and Slow MA, as well as the intersection of the MA lines between each other (moving average crossover) . In the parameters you can specify any desired currencies and timeframes. Also, the indicator can send notifications about the price touching the lines and about their crossing. By clicking on a cel
              The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full"
              Gann Square of 144
              Taras Slobodyanik
              4.33 (6)
              The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full"
              Multicurrency and multitimeframe modification of the Stochastic Oscillator. You can specify any desired currencies and timeframes in the parameters. The panel displays the current values and intersections of the lines — Signal and Main (stochastics crossover). Also, the indicator can send notifications when crossing overbought and oversold levels. By clicking on a cell with a period, this symbol and period will be opened. This is MTF Scanner. The key to hide the dashboard from the chart is "D"
              Filtrer:
              Tyler Sanchez
              528
              Tyler Sanchez 2022.11.07 23:33 
               

              I highly recommend this indicator, it is very well developed!

              Alessandro Lopes Da Silva
              353
              Alessandro Lopes Da Silva 2022.06.15 13:30 
               

              I've been working with the Gold market for many years, the best indicator I've ever used, I recommend it to everyone! Very useful for those looking for medium and long term targets, the indicator gives a very broad view of the market!

              HOGJoerch63
              249
              HOGJoerch63 2022.05.09 07:39 
               

              very useful indicator to get an overview. Thumbs up

              Alexander Eduardo Camarena Hermoso
              305
               

              Hello, I have bought the Zig Zag Lines MTF indicator for MT5 but I have some doubts about how the targets work, how can I interpret them, thank you if you can send me more information

              Taras Slobodyanik
              62298
              Réponse du développeur Taras Slobodyanik 2022.04.12 16:51
              Hello. Targets shows the levels according to the current ZZ-points. If you do not use them or are in doubt, you can disable them in the settings. Thank you.
              Devonish
              2933
              Devonish 2020.11.06 12:05 
               

              I like it, finding it very useful.

              Mr Laszlo Menyhart
              514
              Mr Laszlo Menyhart 2020.06.12 16:29 
               

              The most useful indicator .Excellent product support . Highly recommend it .

              Tarun Chaudhry
              2895
              Tarun Chaudhry 2018.07.06 01:06 
               

              The product does what it says.

              It does it very well. Happy with it.

              The options are satisfactory.

              The author is very helpful.

              I can happily recommend.

              Répondre à l'avis
              Version 5.5 2024.03.26
              1) Added the parameter 'Horizontal Lines will become Broken after X bars (0-off)'.
              Version 5.4 2024.03.12
              1) Added the "Check the breakout of the Lines by price" parameter. Now you can specify the price and bar at which the line breakout will be checked: High-Low (current bar), High-Low (previous bar), Close (previous bar), Open (current bar).
              Version 5.3 2023.09.03
              1) Added "Enable buy alerts" and "Enable sell alerts" parameters.
              Version 5.2 2023.08.27
              1) Fixed the bug of checking the last bar in the "High-Low of the period" mode.
              Version 5.1 2023.08.27
              1) Now the "Show current ZZ-Point" parameter affects the "High-Low of the period" mode. If "Show current ZZ-Point" is disabled, then the indicator will not show the levels of the current candle.
              Version 5.0 2022.11.29
              1) Added separate sounds for each alert.
              Version 4.9 2022.11.17
              1) The current direction of the candle has been added to the text of the alert about touching ZZ-Ray.
              Version 4.8 2022.11.15
              1) Added parameter "Alert when price touches ZZ-Ray".
              Version 4.7 2022.09.04
              1) Added parameters for displaying rays on the last ZigZag points ("Show ZZ-Rays").
              2) Added hotkey to toggle "Show ZZ-Rays".
              3) Line extension bug fixed.
              Version 4.6 2022.08.18
              1) Added parameters for displaying the distance between ZigZag points — "Show ZZ-Distance at the start of the line" and "Key to show Distance".
              Version 4.5 2021.11.05
              1) Added parameters for displaying the number of times the price touches the ZigZag point. (Show amount of touches, Offset for touches)
              Version 4.4 2021.07.12
              1) Added "Hotkeys" parameters. Now you can switch the display of indicator elements by pressing hot keys.
              Version 4.3 2021.05.03
              1) For the parameter "Candles" added "Show Day of week", "Show Date" and the ability to specify a color for each day of the week.
              Version 4.2 2021.04.05
              1) Added display of the number of points between High and Low (Show range High-Low).
              Version 4.0 2020.06.08
              1) Recompilation for the new MT5 build.
              Version 3.9 2020.04.14
              1) Fixed a new bug with displaying dots.
              Version 3.8 2020.04.14
              1) Added parameter "Show Horizontal Lines".
              Version 3.6 2019.10.30
              1) Fixed copy bug for iCustom function.
              Version 3.5 2019.10.23
              1) Added a new mode "High-Low of the period".
              2) Code optimization.
              Version 3.4 2019.04.11
              1) Added new mode "ZigZag Close".
              2) Added alert when the price is near the line.
              Version 3.3 2018.10.28
              1) Fixed a bug in the calculation of the time of the end of the line.
              Version 3.2 2018.10.14
              1) Added the ability to read points using iCustom. Points are saved sequentially in the indicator buffer.
              Version 2.31 2018.08.28
              1) Added the name of the pair, to the prefix of the global variables.
              Version 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.
              Version 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.
              Version 2.10 2017.08.16
              1) Added option "Add alert when changing the direction of ZigZag"
              2) Fixed minor bugs.
              Version 2.0 2017.06.08
              1) Added Candles of other periods (up to Quarterly).
              2) Small fixes.