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The indicator calculates ZigZag using the classic algorithm with three parameters: Depth, Deviation, and Backstep. Its main function is detecting and visualizing repaints — moments when the last ZigZag point shifts to a new bar. Upon loading, the indicator performs a simulation over the specified history depth. The algorithm sequentially recalculates ZigZag for each bar, comparing the current position of the last point with the previous one. If a shift is detected, a repaint line appears on the
Explosion Signal Indicator analyzes the market for sharp changes in volatility and volume that often precede significant price movements. The indicator uses the ratio of short-term and long-term ATR to assess current volatility relative to the average level. Simultaneously, it monitors current volume compared to the average over a specified period. When the volatility or volume exceeds the defined thresholds, the indicator determines the direction of movement through momentum calculation — the