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Zig Zag 123

Zig Zag 123 tells us when a reversal or continuation is more likely by looking at the shift in supply and demand. When this happens a signature pattern appears known as 123 (also known ABC) will often break out in direction of higher low or lower high.

Stop loss and take profit levels have been added. There is a panel that shows the overall performance of your trades for if you was to use these stop loss and take profit levels. 

We get alerted if a pattern 123 appears and also if the price reaches our stop loss or take profit levels as set by user inputs.  

Features :

  • An effective way of recognising when a move is about to happen   
  • Choose your favourite signal color
  • Send alerts to either your PC, eMail or mobile device
  • Works on any timeframe
  • No repainting or other such exaggerated claims   

Settings : 

ZigZag Settings 

  • Depth Of ZigZag - Depth of ZigZag
  • Deviation - Deviation of ZigZag
  • Backstep - Backstep of ZigZag

Start Hour End Hour

  • Start Hour - We only allow signal after this start hour 
  • End Hour - We only allow signal before this ending hour   

Graphical Object Settings

  • Side Panel - For if we want the side panel on or off 
  • Price Target - If we want stop loss and take profit lines to appear or not
  • Stop Loss - Sets the stop loss line in points not pips
  • Take Profit - Sets the take profit line in points not pips
  • Arrow Size - The size of the arrow 1 is smallest 
  • Pattern Size - Size of lines drawn that outline pattern
  • Profit Size - Size of lines drawn that make our stop loss or takep profit levels
  • Pattern Color - Color of lines
  • Buy Arrow & Target Color - Color of buy arrows
  • Sell Arrow & Target Color - Color of sell arrows


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A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Reversal First Impulse levels (RFI)   -  Version MT5                INSTRUCTIONS                 RUS                 ENG                                       R ecommended to use with an indicator   -  
Mucizevi Forex Göstergesi Tanıtımı: Keskin Ticaretin Gücünü Serbest Bırakın Tüm zaman dilimlerinde gerçekten olağanüstü sonuçlar sunan en iyi Forex göstergesini aramaktan sıkıldınız mı? Artık aramayın! Mucizevi Forex Göstergesi, ticaret deneyiminizi devrimleştirip kazançlarınızı yeni zirvelere taşımak için burada. Gelişmiş teknoloji ve yılların özenli geliştirmesi temelinde Mucizevi Forex Göstergesi, döviz piyasasında güç ve keskinlik açısından doruğa çıkar. Bu olağanüstü araç, tüm seviyelerdeki
Entry Points Pro
Yury Orlov
4.7 (225)
Yeniden boyamadan bir ticarete girmek için doğru sinyaller sağlayan MT5 için en iyi gösterge! Herhangi bir finansal varlığa uygulanabilir: forex, kripto para birimleri, metaller, hisse senetleri, endeksler. MT5 versiyonu burada Oldukça doğru alım satım sinyalleri sağlayacak ve bir alım satımı açıp kapatmanın en iyi zamanını size söyleyecektir. Göstergeyi ödeyen yalnızca bir sinyali işleme örneğiyle videoyu (6:22) izleyin! Çoğu tüccar, Giriş Noktaları Pro göstergesinin yardımıyla ilk işl
Break and Retest
Mohamed Hassan
5 (2)
Break & Retest is unstoppable when combined with our other divergence indicator. After purchase, send us a message and you could get this  2nd indicator  for  FREE  as a  BONUS! ‍You can visually backtest Break & Retest to see how it behaved in the past!    Manual guide:   Click here $59  for the first 25 copies ( 4  left)! Next price is $120 .  After many months of hard work and dedication, we are extremely proud to present you our  Break and Retest price action indicator crea
TrendMaestro
Stefano Frisetti
5 (2)
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the moment in which prices have strong probability of f
FX Power MT4 NG
Daniel Stein
5 (8)
Sabah Brifingimiz burada mql5 ve on Telegram! FX Power MT4 NG , uzun zamandır çok popüler olan döviz gücü ölçerimiz FX Power'ın yeni neslidir. Peki bu yeni nesil güç ölçer ne sunuyor? Orijinal FX Power hakkında sevdiğiniz her şey PLUS GOLD/XAU güç analizi Daha da hassas hesaplama sonuçları Ayrı ayrı yapılandırılabilir analiz dönemleri Daha da iyi performans için özelleştirilebilir hesaplama limiti Özel çokluDaha fazlasını görmek isteyenler için örnek ayarlar Her grafikte en sevdiğiniz renkler i
Trend Forecasting
Mohamed Hassan
5 (15)
This indicator is unstoppable when combined with our other indicator called Katana. After purchase, send us a message and you could get Katana for FREE as a BONUS After purchase, send us a private message for your instructions.  MT5 version: click here 3 copies left available at $45. Next price is $99. Don't miss this great deal!  The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signals generated
Price Action Entry Alerts
Stephen Sanjeeve Sahayam
5 (3)
Bu gösterge, alış veya satış baskısı için her çubuğu tarar ve en yüksek hacme sahip 4 tip mum modelini tanımlar. Bu mumlar daha sonra Alış veya Satış sinyallerini göstermek için birkaç doğrusal filtre kullanılarak filtrelenir. Sinyaller, daha yüksek zaman çerçevesi yönüyle bağlantılı olarak ve yüksek hacimli saatlerde alım satım yapıldığında en iyi sonucu verir. Tüm filtreler özelleştirilebilir ve bağımsız çalışır. Bir düğmeyi tıklayarak tek bir yönün sinyallerini görüntüleyebilir. Bu gösterge
ŞU ANDA %31 INDIRIMLI !!! Yeni Başlayanlar veya Uzman Tüccarlar için En İyi Çözüm! Bu gösterge benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özellik ve gizli bir formül ekledik. Yalnızca BİR grafikle 28 döviz çiftinin tümü için Uyarılar verir. Yeni bir trendin veya scalping fırsatının tam tetik noktasını belirleyebildiğiniz için ticaretinizin nasıl gelişeceğini hayal edin! Yeni temel algoritmalar üzerine inşa edilen bu sistem, potansiyel işlemler
TrendDecoder Premium
Christophe, Pa Trouillas
5 (3)
Aralıkları ve bir sonraki olası hamleleri belirleyin   |  Trendlerin en erken sinyallerini ve gücünü alın   |  Geri dönüşten önce net çıkışlar alın   |  Fiyatın test edeceği Fibo seviyelerini tespit edin Gecikmesiz, takip edilmeyen gösterge - manuel ve otomatik ticaret için ideal - tüm varlıklar ve tüm zaman birimleri için uygun Sınırlı süreli teklif >>   %50 İNDİRİM Satın aldıktan sonra, kişiselleştirilmiş ayarlar için bu kanaldan benimle iletişime geçin . MT5   sürümü:   buraya tıklayın Tam y
Currency Strength Wizard , başarılı ticaret için size hepsi bir arada çözüm sağlayan çok güçlü bir göstergedir. Gösterge, birden çok zaman dilimindeki tüm para birimlerinin verilerini kullanarak şu veya bu forex çiftinin gücünü hesaplar. Bu veriler, şu veya bu para biriminin gücünü görmek için kullanabileceğiniz, kullanımı kolay para birimi endeksi ve para birimi güç hatları biçiminde temsil edilir. İhtiyacınız olan tek şey, işlem yapmak istediğiniz tabloya göstergeyi eklemektir ve gösterge size
ADR Ters Çevirme Göstergesi, normal ortalama günlük aralığına göre fiyatın şu anda nerede işlem gördüğünü bir bakışta size gösterir. Fiyat, ortalama aralığı ve seçtiğiniz seviyenin üzerindeki seviyeleri aştığında, açılır pencere, e-posta veya push yoluyla anında uyarılar alacaksınız, böylece hızlı bir şekilde geri çekilmelere ve geri dönüşlere atlayabilirsiniz. Gösterge, grafikte ortalama günlük aralık uç noktalarında yatay çizgiler ve ayrıca fiyatları aşan matematiksel olasılıkları olan seviye
FX Volume
Daniel Stein
4.6 (35)
Sabah Brifingimiz aracılığıyla ayrıntılar ve ekran görüntüleri ile günlük piyasa güncellemenizi alın burada mql5 ve on Telegram ! FX Volume, bir brokerin bakış açısından piyasa duyarlılığı hakkında GERÇEK bir fikir veren İLK ve TEK hacim göstergesidir. COT raporlarından çok daha hızlı bir şekilde, brokerlar gibi kurumsal piyasa katılımcılarının Forex piyasasında nasıl konumlandıklarına dair harika bilgiler sağlar. Bu bilgileri doğrudan grafiğinizde görmek, ticaretiniz için gerçek oyun değiştir
Öncelikle, bu Trading Sisteminin Non-Repainting, Non-Redrawing ve Non-Lagging Gösterge olduğunu vurgulamak önemlidir, bu da profesyonel ticaret için ideal hale getirir. "Smart Support and Resistance Trading System", yeni ve deneyimli tüccarlar için özel olarak tasarlanmış gelişmiş bir göstergedir. Forex piyasasında tüccarları hassasiyet ve güvenle donatır. Bu kapsamlı sistem, 7'den fazla strateji, 10 gösterge ve günlük ticaret stratejisi, swing ticaret stratejisi, destek ve direnç stratejisi,
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Trend Line Finder MT5
Stephen Reynolds
5 (2)
Trend Line Finder will project forward a support and resistance lines using 2 previous highs for resistance and 2 previous lows for support.  It will then signal to the trader by alert making the trader more aware that a possible good move is about to happen.     This is not a stand-alone trading system but is very useful in finding key areas of support resistance levels where price will usually either rebound from or breakthrough. Its down to the trader to decide what to do with use of other s
DESCRIPTION 3 Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the previous bar's High is less than the 3rd bar's High as well as the previous bar's Low to be higher than the 3rd bar's Low. It then predicts the market might breakout to new levels within 2-3 of the next coming bars. Must also be traded during the active hours of the market you want to trade. EG EURUSD 7am - 5pm This
Break It Down
Stephen Reynolds
4 (1)
Break It Down is based on the Directional Movement Index and tells the trader when a market trend probably maxed out and ready to fall back. This pattern is more predictable when we apply this system only when the market is rallying but within a trading range. Because traders Sell off in fear the market often moves faster when declining! When this happens, good moves can occur. As traders are no longer interested in the trend, the volume will decline and the price will usually fall back on itsel
FREE
Bouncing Bollinger tells the trader when the market is about to reverse using 3 candlestick formations as well as the Directional Movement Index Indicator.    When the previous candle has dipped into the upper or lower Bollinger Band and a candle signal appears along with DMI showing un-volatile a signal occurs showing possible reversal ahead.  Features : A practical way of recognising when a new reversal is about to occur. Choose your favourite signal color. Send alerts to either your PC,
FREE
Three Bar Break
Stephen Reynolds
4.71 (7)
Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars. It should be used mainly on the daily chart to help spot potential moves in the coming days. Features : A simple meth
FREE
Double Smoothed Stochastic is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Double Smoothed Stochastic Calculation is :    DSS = EMA(r) (X - Lxn / Hxn - Lxn) x 100  MIT = EMA(r) (close - Ln / Hn - Ln) x 100 Ln = lowest low of n periods Hn = highest high of n periodsLxn = lowest low of the price se
FREE
With Break Even Trader placed onto your chart, it will automatically place the stop loss and take profit levels when you open a buy or sell order. And when you are in profit by the amount defined in user settings, it will automatically move your stop loss to that break even level, thereby protecting your trade from a loss. Features : Simple to trade with you just enter your trade it will place the stop loss and take profit as input in user inputs. Sends you an alert when your trade is in profi
FREE
Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars. It should be used mainly on the daily chart to help spot potential moves in the coming days. Features : A simple met
FREE
DESCRIPTION 3 Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the previous bar's High is less than the 3rd bar's High as well as the previous bar's Low to be higher than the 3rd bar's Low. It then predicts the market might breakout to new levels within 2-3 of the next coming bars. Must also be traded during the active hours of the market you want to trade. EG EURUSD 7am - 5pm This
FREE
DESCRIPTION 3 Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the previous bar's High is less than the 3rd bar's High as well as the previous bar's Low to be higher than the 3rd bar's Low. It then predicts the market might breakout to new levels within 2-3 of the next coming bars. Must also be traded during the active hours of the market you want to trade. EG EURUSD 7am - 5pm This
FREE
In the trading world a golden rule that stuck with me is "hold on to your winners and cut your losers short". This golden rule is how this EA gains a positive advantage.  The EA is based on the indicator Trendy Trader. As stated unlike a standard moving average this unique algorithm will show you a less choppy signal resulting in a smoother and easier trend to follow. Put simply when price moves above the average it signals a bullish trend and when price moves below the average it signals a
Trend Line Finder
Stephen Reynolds
5 (1)
Trend Line Finder will project forward a support and resistance lines using 2 previous highs for resistance and 2 previous lows for support.  It will then signal to the trader by alert making the trader more aware that a possible good move is about to happen.     This is not a stand-alone trading system but is very useful in finding key areas of support resistance levels where price will usually either rebound from or breakthrough. Its down to the trader to decide what to do with use of other s
Candlestick Oscillator
Stephen Reynolds
4 (1)
Candlestick Oscillator is a truly unique Oscillator that uses the concepts of within candlestick trading called the Record Session High. This is a method of analysing candlesticks to gauge when a trend might be wearing out and therefore ready for reversal or pause. We call it a record session high when we get 8 or more previous candles that have higher closes. We call it a record session low when we get 8 or more previous candles that have lower closes.  We don't rely on the typical Oscillatio
FREE
A system with steady ROI > 10% a month like clockwork!  Hi Lo Breakout strategy opens and closes trades based on the time of day in relation to the highs and lows of both yesturday and today. It will then trade out these prices using the trade management settings within user inputs.    For best results see .set file at comment  no2 . Features : A purely mechanical system. Simply set and leave. No martingale or grid.    Risks are small per trade.   An optional automatic lot adjustment feature t
Midnight Scalper is based on a sound trading principle. It is made to trade during times when the market is at low volatility. From 23:00 to 00:00 is best.  It uses multiple indicators for precise entry and exits with a basic fixed stop loss and take profit as part of its money management strategy.It does not put your funds at high risk with such methods as martingale, grid, averaging positions or no stop loss trading. ECN broker is required with a tight spread and low commission. NOTE : After a
Midnight Scalper is based on a sound trading principle. It is made to trade during times when the market is at low volatility. From 23:00 to 00:00 is best.  It uses multiple indicators for precise entry and exits with a basic fixed stop loss and take profit as part of its money management strategy.It does not put your funds at high risk with such methods as martingale, grid, averaging positions or no stop loss trading. ECN broker is required with a tight spread and low commission. NOTE :   Afte
Triple X Scalper is based on 3 types of triangular price patterns along with some volume analysis. It also must be traded at the times in day when the market is most active. The method is inspired by some of Linda Bradford Raschke's trading techniques.  The 3 price patterns are as follows :  System 1 Inside Bar = Looks for a volume spike followed by the inside bar formation. Also known as my indicator 3 Bar Break.  System 2 Triangle by Fractal = Looks for when the 2 previous highest and low
Record Session High Trader uses the concepts of within candlesticks trading to gauge when a trend might be wearing out and therefore ready for reversal or pause simply by looking at the candles. We call it a record session high when we get 8 or more previous candles that have higher closes. We call it a record session low when we get 8 or more previous candles that have lower closes. We don't rely on the typical Oscillation Indicators for recognizing overbought or oversold but more we rely on lo
FREE
DSS is similar to Stochastic except for this Indicator we use what is called double exponentially smoothing. This will give the trader a more speedy response to price changes which tends to smooth out the erratic movements of a regular Stochastic. Because its always best to know what the larger timeframes are doing. I have adopted the tactic of overlaying the larger chart of DSS over the smaller chart to gauge whats going on overall and to pint point best entry or exit points. I have left it adj
Convergence is when the higher highs and higher lows of an uptrend are also confirmed by our indicator making lower lows which helps us confirm that momentum is increasing and so the trend is likely to continue. Vice versa for a downtrend. Divergence is when we get higher highs on an uptrend but which are not supported by our indicator which makes lower highs and therefore signals the underlying momentum is failing and so a reversal might occur. Vice versa for downtrend. I have combined these me
Divergence Convergence MACD is based on the classical divergence and convergence methods of charting. Divergence is when we get higher highs and lower lows on our uptrend but which are not supported by our indicator which makes lower highs and therefore signals the underlying momentum is failing and so a reversal might occur. Vice versa for downtrend. Convergence is when the higher highs and higher lows of an uptrend are also confirmed by our indicator making lower lows which helps us confirm th
Bollinger Breakout Trader tells the trader when the market is about to breakout from a non-volatile period. Non volatility usually means its building up steam for more good moves in future. A signal is formed when this switch from non-volatile to volatile occurs. These periods are measured by both Bollinger Bands and Keltner Channels. Bollinger Bands measure the standard deviation of price from the Moving Average which results in an expanding and contracting channel. Keltner Channels are based o
ZZ Scalper
Stephen Reynolds
4 (1)
This EA exploits the inevitable behaviour of price fluctuations and breakouts. Because market prices will always fluctuate to higher highs before ebbing down to lower lows, breakouts of these levels will occur.   This EA will open a trade in anticipation of catching some of the profits from these breakout moves. We use the fixed exit methods of Stop Loss, Take Profit and Trailing Stop in such a way so that we will scalp small but consistent profits.  No martingales needed, just a simple but e
MA And Oscillation simple system that overcomes all the market confusion by simply looking at the moving average and stochastic oscillator and signalling when the moving average and stochastic or heading in same direction. The moving average is arguably the simplest but most effective tool when trading larger timeframes. We use this and the Oscillator to time our market entry. Features : A method of simplifying a sometimes confusing market. Choose if you want to signal only when moving average
Volume Analysis Trader looks at volume using a fixed average of volume. This averaging helps spot when volume is rising or declining. Also I have added volume spikes which are when volume suddenly is above the average. These help spot market reversals. This will hep a trader look for the following in their trading: Rising volume during a rally shows trend is strong. Falling volume on a rally shows trend is weakening. As a rule of thumb on daily charts if current volume is higher than yesterday's
Test & Trade Pad works on strategy tester as well as on live and demo charts. You can really hone your trading skills in strategy tester especially with the control of tester speed feature.  It is multi-functional tool with many useful features for testing or trading live. Has trade management features such as stop reversal, break even and trade re-entry to help you deal with stopped out trades.  It sits neatly on the left of the screen out of the way but with extra buttons, features can be e
The Triangular Breakout looks for when there is a volume spike followed by a 3 bar break. It then draws arrow when price breaks out of the recent high or low of the 3 bar pattern. We also look for triangles that form when price fractals converge. It also will draw arrows when price breaks out of the recent high or low of this triangle pattern. There are alerts set for when either we get a 3 bar break or triangle or when we get an arrow.   According to DOW theory triangles are really momen
The Hi Lo Breakout
Stephen Reynolds
5 (1)
The Hi Lo Breakout is taken from the concept of the ZZ Scalper EA which exploits the inevitable behaviour of price fluctuations and breakouts.  The fact that because market prices will always fluctuate to higher highs before ebbing down to lower lows, breakouts will occur. But here I've added a few more filters which I see work well also as an Indicator.    Range Analysis :    When price is within a tight range this Indicator will be able to spot this and only then look for price breaks. Yo
Stop Reversal & Re Entry is a varied way to exit trades and manage your losses.  I all in have made it into a 4 option utility of stop reversal, re entry with break even and partial close features for good measure.  These 4 systems are : Stop Reversal : When true will place an opposite pending order exactly where the stop level is on your current trade. In the possibility of your trade being wrong it will get you in again in the opposite direction. Ive added a Only Recover Loss feature
Elliot's Triangle is taken from 1 of the 13 patterns within the Elliot Wave Theory that says social or crowd behaviour tends to reverse in recognisable patterns and of which they reveal a structural pattern that appears in nature, as well as the mass psychology of trading participants. From this, he has devised various identifiable patterns that appear in market prices. One of these is what I have named Elliot's Triangle. This triangular pattern appears to reflect a balance of forces, causing
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Sürüm 1.3 2019.04.30
- Fix of a bug that didnt allow the Indicator to display when placed on a live chart.
- Also a temporary removal of panel as there has been error reported.
Sürüm 1.2 2018.11.12
Changed zig zag color from red to black
Sürüm 1.1 2018.11.12
Bug fixes : Version 1.0 to 1.1
A reported error by a buyer they werent getting the alert
there was problems in 2 areas :

1) For main statement if(countZ==ExtLevel && fst2>fst4 && fst2<fst3 && ((fst3-fst4)<(_Point*PatSize)) && Low[1]<fst3 && Bid>fst3) the alert statement only see's when i is at end of cycle because of countZ==ExtLevel so i took away the i=1 within alert atatement

2) if(buySwitch && Bid>=fst3+(TakeProfit*_Point) && pipsBuySwitch) i had if(i == 1 && TStamp != Time[0]) but when condition is met it only see's i=o so i changed i=1 to i=0