ZigZag Scalper Indicator
- Indicatori
- Prabir Sarkar
- Versione: 1.0
- Attivazioni: 20
🔥 ZigZag Scalper – The Ultimate Smart Scalping Indicator for MetaTrader 5
Tired of late entries, false signals, and guessing where to place your Stop Loss and Take Profit? ZigZag Scalper solves all of that — automatically.
Built on a proven ATR-based ZigZag algorithm, this indicator identifies high-probability trend reversals and generates clean Buy/Sell signals with precise 3-level Take Profit and Stop Loss zones — all plotted directly on your chart in real time.
Whether you're scalping Gold (XAUUSD), Forex majors, indices, or crypto — ZigZag Scalper adapts to any symbol and any timeframe from M1 to Monthly.
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📊 WHAT YOU GET:
✅ Smart ZigZag Staircase Trend Line
• ATR-based adaptive algorithm that filters market noise
• Clean staircase-style trend line that holds steady until a confirmed reversal
• Gold pivot dots mark every key turning point
✅ Accurate Buy & Sell Arrow Signals
• Large, clearly visible Cyan (Buy) and Red (Sell) arrows
• MinBars filter prevents false signals and overtrading
• Signals are confirmed — no repainting after bar close
✅ Automatic 3-Level TP & SL Zones
• TP1, TP2, TP3 levels calculated from ATR — not random numbers
• Visual green TP zone and red SL zone drawn on chart
• Each level shows exact price, pips distance, and Risk:Reward ratio (R:R)
• Professional-grade zone visualization inspired by institutional trading tools
✅ Real-Time Professional Dashboard
• Draggable dark-themed panel with modern UI design
• INFO Tab: Live signal direction, entry price, all TP/SL levels, Win/Loss stats, Success Rate %, and cumulative profit tracker
• SETTINGS Tab: Adjust TP1/TP2/TP3/SL multipliers, Amplitude, MinBars, and Zone Width directly from the chart — no need to open indicator properties
• Settings auto-save and persist across chart reloads
• One-click RESET to defaults and APPLY to recalculate
✅ Built-In User Manual
• Click the "?" button to open a scrollable professional user guide
• Learn every feature without leaving your chart
✅ 50-Period EMA Trend Filter
• Optional Moving Average line for additional trend confirmation
• Helps you trade in the direction of the dominant trend
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💡 WHY TRADERS CHOOSE ZIGZAG SCALPER:
→ No Guesswork — Every signal comes with exact entry, 3 take profit targets, and stop loss
→ Risk:Reward Visible — See your R:R ratio (1:2, 1:3.5, 1:5) before entering any trade
→ Works Everywhere — Gold, EUR/USD, GBP/JPY, US30, NAS100, BTCUSD — any instrument
→ Any Timeframe — M1 for scalping, H1 for intraday, D1 for swing trading
→ Performance Tracking — Built-in Win/Loss counter and profit tracker helps you evaluate signal quality
→ Fully Customizable — Change colors, sensitivity, TP/SL ratios, and zone width to match your strategy
→ Drag & Drop Panel — Move the dashboard anywhere on your chart without affecting chart scrolling
→ Clean Chart — Professional dark-themed design that doesn't clutter your chart
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⚙️ KEY PARAMETERS:
• Amplitude (1-50): Controls zigzag sensitivity. Lower = more signals, Higher = smoother trend
• ATR Period: Period for ATR calculation (default 14)
• TP1 / TP2 / TP3 Multiplier: ATR-based take profit levels (default 2.0 / 3.5 / 5.0)
• SL Multiplier: ATR-based stop loss distance (default 1.3)
• MinBars: Minimum bars between signals to prevent overtrading
• MA Period: Moving average trend filter (set 0 to disable)
• Zone Width: How far TP/SL zones extend on chart (in bars)
• All colors fully customizable
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📈 BEST PRACTICES:
• Scalping (M1-M15): Amplitude 3-5, TP1=1.5, TP2=2.5, TP3=4.0
• Intraday (M30-H1): Amplitude 5-8, TP1=2.0, TP2=3.5, TP3=5.0
• Swing (H4-D1): Amplitude 8-15, TP1=2.5, TP2=4.0, TP3=6.0
• Always trade in the direction of the MA line for higher win rate
• Use TP1 for quick scalps, let runners hit TP2/TP3 for bigger gains
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🛡️ WHAT MAKES THIS DIFFERENT FROM OTHER ZIGZAG INDICATORS?
Most zigzag indicators just draw lines. ZigZag Scalper is a complete trading system:
✓ Staircase algorithm (not standard zigzag) — levels hold until confirmed reversal
✓ ATR-adaptive — automatically adjusts to volatility
✓ 3-level TP with R:R display — professional risk management built-in
✓ Live dashboard with stats — track your performance in real time
✓ Runtime settings — change parameters without reopening properties
✓ Persistent settings — your configuration survives chart reload
✓ Draggable UI — place the panel wherever you want
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📋 INSTALLATION:
1. Download and place the .ex5 file in MQL5/Indicators folder
2. Restart MetaTrader 5 or refresh the Navigator panel
3. Drag ZigZag Scalper onto any chart
4. Customize settings or use optimized defaults — start trading!
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⭐ If ZigZag Scalper helps your trading, please leave a review — it helps other traders discover this tool!
📩 Questions? Message me anytime. I provide full support and regular updates.
