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ZigZag Lines MTF for MT5

Multitimeframe ZigZag indicator. It displays the support/resistance 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.

This version is for MT5 only.

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. For this you need to specify the number of points in the very first parameter. The current (last) point will have an index of 0, the previous index of 1, etc.

For example:

//Calculate the last "10" points, and find out the current price-time.
handle_ZZ=iCustom(_Symbol,_Period,"ZigZagLines","10",0,Depth,Deviation,Backstep);

   double price=iZZ(0,0);
   datetime start_time=(datetime)iZZ(1,0);
   datetime end_time=(datetime)iZZ(2,0);

double iZZ (int buff, int index)
{double ArrDouble[1];if(index<0)return(0);if(CopyBuffer(handle_ZZ,buff,index,1,ArrDouble)>0)return(ArrDouble[0]);else return(0);}


Parameters

  • 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;
  • 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;
  • 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;
  • 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);
  • 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;
  • 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.
    Comentários 3
    Revilo2200
    913
    Revilo2200 2020.08.13 22:55 
     

    Love it

    cmaker
    256
    cmaker 2020.06.12 16:29 
     

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

    Tarun Chaudhry
    3680
    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.

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    The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history.  The indicator calculates Take Profit and Stop Loss marks. Important information:  To use the full potential of the indicator, we strongly recommend that you
    55 USD
    Pivot Prof
    Paul Anscombe
    Um excelente indicador ... Obtenha oportunidades de negociação incríveis com o Pivot Prof e use os níveis que os profissionais usam para aprimorar sua negociação hoje! O Pivot Prof é rico em recursos e usa algoritmos exclusivos para calcular e exibir os níveis de negociação de vários prazos em um único gráfico fácil de ler e fornece alertas de terminal, celular e e-mail, além de personalização completa. Atualização Importante Maximize o potencial do Pivot Prof visitando o Pivot Prof - Trading
    79 USD
    Advanced Supply Demand MT5
    Bernhard Schweigert
    ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
    128 USD
    Premium Trend Entry MT5
    Amani Fungo
    Premium retracement notifier - Kilimanjaro Version This packs a-lot on enhancement on signal quality for the purpose of reducing drawdown. This tool have gone along way and that length of traveled distance it means a-lot of learning and enhancement. so with every release, we are focusing to improve the overall usability and quality.  become our premium user by buying this and in exchange we promise you a quality service and education on how to use our trading systems. Strategies The kilimanjaro
    39.99 USD
    Trend Line Map Pro MT5
    Sayadi Achraf
    ⭐️   ⭐️   ⭐️   ⭐️   ⭐️      Limited Time Offer,  Rent Trend Line Map    PRO  for  only 10$/Month      to   try our algorithm before getting lifetime version     ⭐️⭐️⭐️   ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener. Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screener Indicator. Please make sure that you get  Trend Screener Pro  before getting
    49 USD
    Advanced Currency Strength28 MT5
    Bernhard Schweigert
    ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency moment
    128 USD
    VTrende
    Andrey Dyachenko
    VTrende - MTF indicator for trend trading with a display panel for MT5 Although the signals of the VTrende indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. The main task of the indicator - is to determine the points of change in the direction of the trend. The indicator signal appears in two versions: Advance - when the trend ends To be continued - when the trend is already on The indicator sho
    497 USD
    Bruces Price Predictor mt5
    Bruce Webb
    *Non-Repainting Indicator Bruce Webb Explains How To Use Bruce's Price Predictor In Detail And Free Forex Strategy  https://youtu.be/hfoB1tZZpTo Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do
    50 USD
    Meta Trend
    Ehsan Tarakemeh
    Meta Trend Indicator  is the most efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Click here for
    99 USD
    PZ Harmonacci Patterns MT5
    Arturo Lopez Perez
    Este é sem dúvida o indicador de reconhecimento automático de formação de preço harmônico mais completo que você pode encontrar para a MetaTrader Platform. Ele detecta 19 padrões diferentes, leva as projeções de Fibonacci tão a sério quanto você, exibe a Zona de Reversão Potencial (PRZ) e encontra níveis adequados de stop loss e take-profit. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Detecta 19 formações harmônicas de preços diferentes Tr
    399 USD
    Resistance and Support Zones MTF for MT5
    Pavel Zamoshnikov
    The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong pos
    40 USD
    Naked Forex Tweezer Pro Indicator for MT5
    Renaud Candel
    Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let users
    177 USD
    LT Easy Market
    Thiago Duarte
    Easy Market torna o mercado mais fácil de operar. Ele te proporciona ver um mercado "eternamente" lateral (sem tendência), tornando extremamente fácil ver quando o preço está sobre comprado ou sobre vendido. Tanto quem gosta de operar tendência quanto mercado consolidado irá gostar do Easy Market. Você pode usá-lo como uma janela auxiliar (em baixo do gráfico) ou em modo tela cheia. Veja as capturas de tela e note como ele te dá entradas precisas! Versão de demonstração:   https://www.mql5.com/p
    50 USD
    PipTick VSA MT5
    Michal Jurnik
    PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience. What is VSA? VSA - Volume Spread An
    97 USD
    PipFinite Binary Options PRO MT5
    Karlo Wilson Vendiola
    This LEGIT Indicator Can Accurately Predict the Outcome of One Bar. Imagine adding more filters to further increase your probability! Unlike other products, Binary Options PRO can analyze past signals giving you the statistical edge. How Increase Your Probability Information revealed here ► www.mql5.com/en/blogs/post/727038 NOTE: The selection of a Good Broker is important for the overall success in trading Binary Options. Benefits You Get Unique algorithm that anticipates price weaknes
    98 USD
    Filtro:
    Revilo2200
    913
    Revilo2200 2020.08.13 22:55 
     

    Love it

    cmaker
    256
    cmaker 2020.06.12 16:29 
     

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

    Tarun Chaudhry
    3680
    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.

    Responder ao comentário
    Versão 4.0 2020.06.08
    1) Recompilation for the new MT5 build.
    Versão 3.9 2020.04.14
    1) Fixed a new bug with displaying dots.
    Versão 3.8 2020.04.14
    1) Added parameter "Show Horizontal Lines".
    Versão 3.6 2019.10.30
    1) Fixed copy bug for iCustom function.
    Versão 3.5 2019.10.23
    1) Added a new mode "High-Low of the period".
    2) Code optimization.
    Versão 3.4 2019.04.11
    1) Added new mode "ZigZag Close".
    2) Added alert when the price is near the line.
    Versão 3.3 2018.10.28
    1) Fixed a bug in the calculation of the time of the end of the line.
    Versão 3.2 2018.10.14
    1) Added the ability to read points using iCustom. Points are saved sequentially in the indicator buffer.
    Versão 2.31 2018.08.28
    1) Added the name of the pair, to the prefix of the global variables.
    Versão 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.
    Versão 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.
    Versão 2.10 2017.08.16
    1) Added option "Add alert when changing the direction of ZigZag"
    2) Fixed minor bugs.
    Versão 2.0 2017.06.08
    1) Added Candles of other periods (up to Quarterly).
    2) Small fixes.