Forex Pattern Searching Zig Zag Indicator
From the Old Kings archive: Forex Pattern Searching Zig Zag Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around the ZigZag swing tracer and candlestick patterns. It can send alerts. It has 3 settings, for example Senior TF (default 60), NUnits (default 10) and First Bar Time (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Pattern Searching Zig Zag Indicator
Forex Pattern Searching Zig Zag Indicator is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 3 settings, such as Senior tf, N units and First bar time. MQL source code included.
Files in the download: installation manual.txt, SZZReader.mq4, SZZ_without_ZZ.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Senior tf | 60 | c ( >=Period() ! ) |
| N units | 10 | ( =20 max) |
| First bar time | 0 | ! |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: ZigZag · Alerts · MT4 Indicator · MQL4 Source Code