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)
Comentários 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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Step into the world of Forex trading with confidence, clarity, and precision using   Gold Indicator   a next-generation tool engineered to take your trading performance to the next level. Whether you’re a seasoned professional or just beginning your journey in the currency markets, Gold Indicator equips you with powerful insights and help you trade smarter, not harder. Built on the proven synergy of three advanced indicators, Gold Indicator focuses exclusively on medium and long-term trends eli
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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O Pips Stalker é um indicador de seta longa e curta, o indicador ajuda traders de todos os níveis a tomarem melhores decisões ao negociar no mercado, nunca repinta e usa o RSI como lógica principal do sinal; uma vez que uma seta é aplicada, ela nunca repinta ou repinta e as setas não são atrasadas. RECURSOS DA SETA PIPS STALKER : PAINEL DE ESTATÍSTICAS Um painel de informações único que mostra a % geral de taxa de vitória e estatísticas úteis como o máximo de vitórias e derrotas em trocas seg
CRT Multi-Timeframe Market Structure & Liquidity Sweep Indicator Non-Repainting | Multi-Asset | MT5 Version Available MT5 Version:   https://www.mql5.com/en/market/product/162075 Full User Guide — explains what each feature does and why:   https://www.mql5.com/en/blogs/post/767525 Quick Start User Guide  — explains how to configure and in what order:  https://www.mql5.com/en/blogs/post/767540 Indicator Overview CRT Ghost Candle HTF Fractal is a complete institutional-grade market structure too
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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
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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
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
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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
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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.
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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
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 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 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
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
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
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
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 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 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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