ZigZag Lines MTF

Hello.

I want to show you my development, the ZigZag Lines MTF indicator for MT4 & MT5.
Demo version you can download directly from MT4 (MT5), from the Market tab. And you can try it in the strategy tester, in the visual mode.

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 rare cases can change the last 2-3 points.

All lines are drawn as objects (not indicator buffers, but there is a possibility to receive the data for the EA, using iCustom).
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.


Video with indicator capabilities:


Some pictures:

Parameters

1. Zigzag — show the ZigZag;
2. Support & Resistance — show the support and resistance lines;
3. Price — show the price of the levels;
4. Targets — show the current targets (where the market is headed);
5. Used line — show the broken levels;
6. Extend broken lines (bars) — extend the broken lines to the right by the specified number of bars;
7. Max bars to calculate (bars) — the maximum number of bars for calculation. This limitation is introduced to speed up the calculations.
8. Depth — the minimum number of candlestickы, for which Zigzag will not draw the second maximum (or minimum), if the last one is Deviation less (or greater) than the previous one;
9. Deviation — the minimum number of points between the Highs/Lows of two adjacent candlesticks for the Zigzag to form a local top/bottom;
10. Backstep — the minimum number of candlesticks between the local Highs/Lows;
11. Period for ZigZag — the ZigZag calculation period;
12. Sound alert — sound alert when touching a level;
13. Display alert — pop-up alert when touching a level;
14. Push notifications — Push-notification;
15. E-mail notifications — notification by e-mail;
16. Upper line color — color of the upper lines;
17. Lower line color — color of the lower lines;
18. Main line width — width of the main line;
19. Main line style — style of the main line;
20. Used line width — width of the used line;
21. Used line style — style of the used line;
22. Font size — font size;
23. ZigZag color — color of the ZigZagа;
24. ZigZag width — width of the ZigZag lines;
25. ZigZag style — style of the ZigZag lines;
26. Display candles — enable the display of candles from other periods;
27. Candles period — period for candles, all standard periods plus Quarter;
28. Number of Candles in the past — number of candles on the chart;
29. Shadow color — color shadow of a candle;
30. Body color (bullish) — body color of a bullish candle;
31. Body color (bearish) — body color of a bearish candle.

ZigZag Lines MTF (update 2.20)
1) Now, the indicator can draw levels using fractals. The parameter "Draw Support & Resistance on the Fractals"
2) Added option to disable points at the beginning of the lines - "Dot at the start of line". And the option for the size of these points - "Font size dot".
3) Now you can run several indicators in one chart.
4) Code optimization.

The Indicator needs to be posted here. We shouldn't have to go to another site...and there is a cost involved which is BS. And your English is not so good?...and you leave that explanation?

Well, if you are interested in this indicator, then you can buy it from your MT4 / MT5 terminal (Market tab).
...or you can download the demo version (without going to the site) from your terminal.
...and yes, my English is not so good, I'm sorry. (please feel free to correct me on this)

ZigZag Lines MTF (update 2.30)
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.

ZigZag Lines MTF (update 3.2)
1) Added the ability to read points using iCustom. Points are saved sequentially in the indicator buffer. Lines, as before, are drawn by objects.

ZigZag Lines MTF (MT4 & MT5) (update 3.4)
1) Added new mode "ZigZag Close".
2) Added alert when the price is near the line.

ZigZag Lines MTF (MT4 & MT5) (update 3.5)
1) Added a new mode "High-Low of the period".
2) Code optimization.

Thank you

You are welcome.

also (update 3.6)
1) Fixed copy bug for iCustom function.


mql-example of getting data from an indicator:
———————————————————————————————————
string num="10"; // calculate the last 10 points. If "0" then all points.
int Depth=12; // Depth
int Deviation=5; // Deviation
int Backstep=3; // Backstep // read the last point
int i=0; // point of ZZ

double price = iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,0,i);

datetime start_time=datetime)iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,1,i);

datetime end_time =(datetime)iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,2,i);

bool unbroken = (bool)iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,3,i);

int direction = (int)iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,4,i);

double targetDN = iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,5,i);

double targetUP = iCustom(_Symbol,_Period,"ZigZagLines",num,0,Depth,Deviation,Backstep,6,i);

Comment ("point="+IntegerToString(i)+"\n"+

"price="+DoubleToStr(price,_Digits)+"\n"+

"start="+TimeToString(start_time)+"\n"+

"end="+TimeToString(end_time)+"\n"+

"unbroken="+(string)unbroken+"\n"+

"direction="+((direction==1)?"up":"dn")+"\n"+

"lower target="+DoubleToStr(targetDN,_Digits)+"\n"+

"upper target="+DoubleToStr(targetUP,_Digits) );

———————————————————————————————————

Version 3.8 2020.04.14
1) Added parameter "Show Horizontal Lines".
Version 3.9 2020.04.14
1) Fixed a new bug with displaying dots.
Version 4.0 2020.06.10
1) Recompilation for the new build.
Version 4.1 2021.03.17
1) Update for the new MT4 build.
Version 4.2 2021.04.05
1) Added display of the number of points between High and Low (Show High-Low range).
Version 4.3 2021.05.03
1) For the parameter "Candles" added "Show Day of week", "Show Date" and the ability to specify a color for each day of the week.

Morning please can we get the value of last broken line into index to call with iCustom.
Or tell me how I can get the line value of the latest broken line to use in EA

Thanks
Gavin

Hello, sure.
You can see the post above, there is a ready-made code for getting information from the indicator.

Version 4.4
1) Added "Hotkeys" parameters. Now you can switch the display of indicator elements by pressing hot keys.

Hi Good Indicator
Hi
I want to Buy this indicator.
If possible You can make a EA.
Based on your indicator.

How much cost if indicator and how much cost to make EA.

Thanks

Hello.
The message above.

To answer about the price of EA, I need a detailed description first.

Version 4.5
1) Added parameters for displaying the number of times the price touches the ZigZag point. (Show amount of touches, Offset for touches)

Version 4.6
1) Added parameters for displaying the distance between ZigZag points — "Show ZZ-Distance at the start of the line" and "Key to show Distance".

Version 4.7
1) Added parameters for displaying rays on the last ZigZag points ("Show ZZ-Rays").
2) Added hotkey to toggle "Show ZZ-Rays".
3) Line extension bug fixed.