Level Z Semafor with dashboard

3-Level ZZ Semafor + Multi-Asset Dashboard — the only ZigZag indicator with a built-in scanner that tells you not just where a reversal is forming, but which pairs to trade right now.

Stop switching between charts. Stop missing setups. The dashboard scans up to 8 symbols across 9 timeframes simultaneously and scores each one from -18 to +18 so you know in seconds where the strongest opportunities are — before you open a single chart.

What makes this different

Most ZigZag indicators show you one level on one chart. This one stacks three independent ZigZag layers (periods 5, 13 and 34 — pure Fibonacci) and requires all three to agree before calling a signal. The result: far fewer signals, but significantly higher quality.

When ZZ1, ZZ2 and ZZ3 all converge on the same pivot, the market has confirmed a reversal on three time scales at once. That is the only moment worth trading.

The dashboard then extends this logic across your entire watchlist. Instead of opening 40 charts manually, you open one. The scanner does the rest.

The signal you are looking for

The most powerful signal this indicator produces is the ZZ3 exhaustion.

During a healthy trend, ZZ3 makes wide, well-spaced pivots — each one extending further than the last. As the trend ages, those gaps begin to shrink. ZZ3 is still pointing in the same direction, but the market is running out of fuel.

When ZZ3 finally fails to print a new extreme, the reversal is near. That is your exit from the old direction — and your preparation for the new one.

The dashboard will confirm it: the score that was sitting at +14 will start dropping. Once it crosses into negative territory, the reversal is underway.

The rule is simple: trade with ZZ3, never against it.

Dashboard at a glance

The dashboard displays every symbol × timeframe combination in a clean colour-coded grid:

• ▲▲▲ — all 3 ZZ levels confirm a bullish pivot. Strong buy bias.
• ▼▼▼ — all 3 ZZ levels confirm a bearish pivot. Strong sell bias.
• ▲▲ / ▲ — partial signal. Confirmation needed before entry.
• — — no signal. Stay out.

The SCORE column sums every active timeframe for that symbol. A score of +12 or above means the pair is in strong bullish alignment across the board. A score near zero means the pair is undecided — ignore it and move on.

Features

• 3 independent ZigZag levels — fully configurable depth, deviation and backstep
• Real-time scanner — up to 8 symbols × 9 timeframes (M1 through MN)
• Score system from -18 to +18 for instant multi-market ranking
• Dashboard position — 4 corner anchors + custom X/Y pixel offset
• Dashboard fully toggleable — one parameter to show or hide
• Cell size and font size adjustable from inputs
• All colours customisable — background, borders, bull/bear cells, headers
• Auto-refresh every 60 seconds + on every chart resize event
• Based on confirmed closed pivots — no repainting
• No external DLLs — single .mq5 file, installs in seconds

Settings

ZigZag Periods: 5 / 13 / 34 (Fibonacci defaults — no need to change unless you want to adapt to a specific instrument) Deviation and backstep configurable per level via simple "X,Y" string input Arrow offset from pivot adjustable in points

Dashboard Enable/disable — true / false Position — Top-Left / Top-Right / Bottom-Left / Bottom-Right X offset, Y offset, cell width, cell height, font size

Symbols — 8 fully editable fields (default: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, NZDUSD, XAUUSD)

Timeframes — 9 individual toggles: M1, M5, M15, M30, H1, H4, D1, W1, MN

Requirements

MetaTrader 5 — compatible with all instruments and brokers. All symbols used in the scanner must be visible in your Market Watch.

This indicator is a confluence tool. It identifies high-probability reversal zones based on multi-level ZigZag alignment. As with any technical indicator, always apply proper risk management and combine with your own price action analysis.