ZigZag Dots MT5
- Göstergeler
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Salim Alyas Rasho
I develop practical technical indicators for MetaTrader 5 under the ALYAS brand, with a focus on clear visualization, simplicity, and ease of use.
My goal is to create reliable and useful trading tools that help traders analyze the market with greater clarity and efficiency. - Sürüm: 1.0
ZigZag Dots MT5 – Professional Edition
A Clean and Flexible ZigZag Swing Points Indicator for MetaTrader 5
ZigZag Dots MT5 is a simple yet customizable technical indicator designed to identify important price swing highs and swing lows directly on your chart.
Unlike traditional ZigZag indicators that connect swing points with lines, this indicator displays individual dots, providing a cleaner chart and making market turning points easier to visualize.
KEY FEATURES
1. ZigZag Swing Detection
- Identifies potential swing highs.
- Identifies potential swing lows.
- Displays swing points using individual dots.
- No connecting lines between points.
2. Fully Customizable Dot Appearance
- Independent colors for high and low points.
- Adjustable dot size.
- Multiple dot shapes.
- Adjustable distance between dots and price levels.
3. Flexible ZigZag Parameters
- Depth
- Deviation
- Backstep
These parameters allow traders to adjust the sensitivity of swing point detection according to their preferred trading style and timeframe.
4. Alert System
- Popup alerts for newly detected points.
- Optional sound notifications.
- Customizable alert sound file.
5. Confirmed Point Protection
An optional setting allows previously displayed points to be preserved during subsequent recalculations.
COMPATIBILITY
- Platform: MetaTrader 5
- Indicator Type: Custom Indicator
- Suitable for different financial markets and chart timeframes.
IMPORTANT NOTES
ZigZag indicators identify historical price swings and may update their latest point as new price data becomes available.
The indicator does not generate buy or sell signals, does not execute trades, and does not guarantee future price movements.
ZigZag Dots MT5 – Clean Charts. Clear Swing Points. Flexible Settings.
