Dynamic Zigzag Levels

5

The indicator displays two nearest levels in real time. The one above the current BID price is a resistance level. The one below the current BID price is a support level.

The levels are calculated by the standard ZigZag indicator.


Application

The indicator can be used as an assistant in manual trading to obtain data on the nearest support/resistance levels.

The indicator can be used on any timeframe.

When a displayed level is touched or broken through, an audio alert is triggered (specified in the settings).


Settings

  • The period of history to calculate = 500 - history period, within which the levels (in bars) are searched for
  • Depth - the setting indicator zigzag = 12 - ZigZag indicator parameter
  • Deviation - the setting indicator zigzag = 5 - ZigZag indicator parameter
  • Backstep - the setting indicator zigzag = 3 - ZigZag indicator parameter
  • The color of the line Up = SteelBlue - Up line color
  • The color of the line Dn = SteelBlue - Dn line color
  • The thickness for lines of the levels = 1
  • The thickness for points of the levels = 5
  • An audible signal to the level crossing = false - enable the level crossing audio alert
  • Sound File = "alert.wav" - select a sound file for the audio alert
  • Show Comments (in the upper left corner of the Chart) = true - comments in the upper left corner of the chart (enable / disable)
Recensioni 1
ZJYY9788
160
ZJYY9788 2020.08.09 13:39 
 

This is an awesome indicator, one of a kind actually, I've been looking everywhere for it and now I found it. Thank you so much!

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Questo prodotto è stato aggiornato per il mercato 2026 e ottimizzato per le ultime build di MT5. AVVISO DI AGGIORNAMENTO PREZZO: Smart Price Action Concepts è attualmente disponibile a $200 . Il prezzo aumenterà a $299 dopo i prossimi 30 acquisti . OFFERTA SPECIALE: Dopo l’acquisto, inviami un messaggio privato per ricevere un bonus gratuito + regalo . Prima di tutto, vale la pena sottolineare che questo strumento di trading è un indicatore non-repainting, non-redrawing e non-lagging, il che lo
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PRO Renko System
Oleg Rodin
5 (31)
PRO Renko System è un sistema di trading altamente accurato appositamente progettato per il trading di grafici RENKO. Questo è un sistema universale che può essere applicato a vari strumenti di trading. Il sistema neutralizza efficacemente il cosiddetto rumore di mercato che consente di accedere a segnali di inversione accurati. L'indicatore è molto facile da usare e ha un solo parametro responsabile della generazione del segnale. Puoi facilmente adattare lo strumento a qualsiasi strumento di
Legacy of Gann
Pavel Zamoshnikov
4.83 (12)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
Altri dall’autore
This utility displays the name of the current symbol and the current period in the chart background in a large font. It is very convenient, e.g. when you use multiple charts with different symbols, period or when saving a chart screenshot. The information is displayed in two lines. In the first line, the chart symbol and current timeframe are shown in a larger font (e.g. AUDUSD,h1 ). In the second line, the full name of the current symbol is displayed in a smaller font (e.g. for GPBJPY it shows
A dealer with simple logic of opening orders and reliable closing control for advanced. The input signal is determined by only one indicator. Closing occurs on target profit. When drawdring first orders, the following appears. Maximum number of orders - no more than three in each direction. Settings for configuration: ----------- Trade Settings ----------- Quantity Lot 1 - the size of the first transaction Quantity Lot 2 - the size of the second transaction in the series Quantity Lot 3
The ZigZag Repaint Tracker indicator is a powerful tool for traders and analysts, which not only constructs the classic ZigZag but also carefully tracks all instances of its repainting across the entire historical dataset. Main features and advantages: Full history analysis: The indicator analyzes the entire available chart history, identifying moments when ZigZag changed its extremes, which allows understanding the dynamics and reliability of the constructions. Tracking repainting: Unlike stand
FREE
Hunter on the channel breakout Bot The Expert Advisor places the necessary amount of BuyStop and SellStop pending orders with predefined StopLoss and TakeProfit levels at the specified time daily. The EA calculates the channel width using the ZigZag indicator and sets a grid of BuyStop and SellStop pending orders according to the specified settings. The first pair of BuyStop and SellStop pending orders is placed at a predetermined distance from the channel borders. The distance is set in the per
This expert Advisor is a more developed version of  News Hunter Bot OneTime . The EA places pending orders BuyStop and SellStop before the news release at a specified distance from the current price. The date and time of the news release is set in the EA parameters for a few days in advance. In total, you can set the time for 20 news. Also, the EA indicates how many minutes before the news you need to place pending orders and after how many minutes you should remove pending orders that have not
An Expert Advisor. A channel breakthrough signal. Attach two horizontal lines to a chart: one for the upper channel line, name it < Up > the other one for the lower border, name it < Dn > Settings: sound = true - play a sound notification alert = true - show a dialog box containing user data comment = true - show a comment in the upper left corner of the chart print = false - print a message to the Experts log repet = 3 - number of times the sound file is played.
FREE
Script Hunting for the Channel Breakout The script is designed for semi-automatic trading. It can place required number of pending BuyStop and SellStop orders with preset StopLoss and TakeProfit levels in one go. The script calculates the channel width using the ZigZag indicator and places a grid of pending BuyStop and SellStop orders according to specified settings. The first pair of pending BuyStop and SellStop orders is placed at the specified distance from the channel's borders. This distanc
FREE
Purpose The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy. It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc. The number of instruments can be limited by capacity of the МТ4's parameters. But if desired, you can create several windows with various set of instruments and parameters. Operation Principle The indicator uses the modified Triple Screen Strategy for determining trend direction in the
Script Deleting the Hunter The script is developed for fast deletion of pending orders, Up and Dn border lines, as well as arrows (symbols) which appear when an order is placed. Features: Can delete all pending orders of the current chart in one go Can delete all pending orders of the current account in one go Can delete only those orders which have specified magic number Can delete lines which show the channel's border, support and resistance levels marked Up and Dn Can delete all arrows (symb
FREE
This utility displays the name of the current symbol and the current period in the chart background in a large font. It is very convenient, e.g. when you use multiple charts with different symbols, period or when saving a chart screenshot. The information is displayed in two lines. In the first line, the chart symbol and current timeframe are shown in a larger font (e.g. AUDUSD,h1 ). In the second line, the full name of the current symbol is displayed in a smaller font (e.g. for GPBJPY it shows
This adviser can be used without optimization. To get started, you only need to install the desired risk (or the size of the lot) and regularly withdraw profit. For a start, you can install the trial version of the Expert Advisor Hunter bot PriceLines Lite , which will work on a real account with a minimum lot (and therefore with minimal risk). In this, the main version, all settings are available. EA is designed for fully automated trading. It spelled out the function of protection against most
A dealer with simple logic of opening orders and reliable closing control for advanced. The input signal is determined by only one indicator. Closing occurs on target profit. When drawdring first orders, the following appears. Maximum number of orders - no more than three in each direction. Settings for configuration: ----------- Trade Settings ----------- Quantity Lot 1 - the size of the first transaction Quantity Lot 2 - the size of the second transaction in the series Quantity Lot 3
Purpose The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy. It works with any symbols located in the Market Watch window of the MT5: currencies, metals, indexes, etc. The number of instruments can be limited by capacity of the МТ5's parameters. But if desired, you can create several windows with various set of instruments and parameters. Operation Principle The indicator uses the modified Triple Screen Strategy for determining trend direction in the
The robot uses the logic of triangular arbitration. To work it, you need to choose a triangle of currency pairs, for example EURUSD_GBPUSD_EURGBP. The robot compares the basic cross-pair with its artificial analogue and trades towards the lag of quotations. The lag is calculated for each of the three currency pairs. The difference in quotations (spread) can be set in the settings. The adviser is multi currency, as it can trade at once with several triangles of currency pairs. The list of cross-
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ZJYY9788
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ZJYY9788 2020.08.09 13:39 
 

This is an awesome indicator, one of a kind actually, I've been looking everywhere for it and now I found it. Thank you so much!

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