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Average OHLC ZigZag

The 'Average OHLC ZigZag' indicator was designed for entry confirmations as well as scalping with a larger trend.

A custom formula to average the last two bars to generate arrows following market trends with bar 1 confirmation.


Key Features

  • An extreme scalper calculating the averages between the last two market periods to generate a buy or sell arrow.
  • No settings are available due to it's simplicity of custom price action pattern and using repainting four OHLC prices. 


Input Parameters

  • ZigZagPos = Averaged OHLC; - ZigZag Position: "Averaged OHLC", "Highs & Lows" or "None".


Integration

  • This indicator produces prices of the zigzag and of the arrows which can be compared with it's adjacent buffer.
  • There must be a value on one buffer and not the other, represented by a value of EMPTY_VALUE.


Improvements

  • Please be sure to leave any ideas, tips and suggestions in the "Reviews" section and they may be included.
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After purchase, contact me in private to get 7 days of FREE testing with EA Forex Proton where the robot automatically takes the trade alerts from MBFX Timing! MBFX Timing is an indicator that was developed and created by Mostafa Belkhayate, one of the best traders in the world. We decided to create a modified version that takes inspiration from the Stochastic Oscillator and the Relative Strength Quality Index indicators to improve your trading.  One of the main reasons we released MBFX Timing
Advanced Accumulated Currency Volume
Bernhard Schweigert
4.54 (48)
Indicators
Best Solution for any Newbie or Expert Trader! This Indicator is an affordable trading tool because we have incorporated a number of proprietary features along with a new formula. The Advanced Accumulated Currency Volume Indicator is specialized for the main 28 Forex pairs and works on all time frames. It is a new formula that on a single chart extracts all the currency volume (C-Volume) of AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD. This is a great advantage in trading. Volume traders will know
RSI Kernel Optimized MT4 with Scanner
Duc Hoan Nguyen
5 (4)
Indicators
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Introducing the revolutionary RSI Kernel Optimized with Scanner , a cutting-edge tool that redefines traditional RSI analysis by integrating the powerful Kernel Density Estimation (KDE) algorithm. This advanced indicator not only provides real-time insights into market trends but also in
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Order History
Brian Lillard
5 (2)
Utilities
A more advanced trade plotter indicator that also includes some additional information. Fully customizable to fit the desired look of the chart as well as the historical orders. Be sure that all the order history needed to view has been shown in the Account History tab Ensure that the order history is for example 1 week or 1 month when trading on live account Key Features The indicator has lots of preferences of how you like to see orders on the chart. Each order type has been made customizable
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MTF MA Cross
Brian Lillard
Indicators
The ' MTF MA Cross ' indicator comes from the time tested 'Moving Average Cross' strategy with several options available. The strategy in itself is one that was derived from rigorous testing on what was profitable in a moving average cross. Key Features This indicator contains a fast and slow Moving Average cross with MTF & filtering settings. There are additional settings to filter signals out with how many bars and how many points. Indicator can be no-repaint when set with open prices & NewBa
MTF Heiken Ashi MA
Brian Lillard
Indicators
MTF Heiken Ashi MA is a multiple timeframe Heiken Ashi & Moving Average indicator. Fully customizable for advanced & unique Heiken Ashi & Moving Average calculations. Key Features Modified appearance and appeal from the traditional using only H eiken Ashi MA bodies. MTF Higher or lower timeframes available making this it great for trends and scalping. There are many settings that can be non-repaint for signals at a new bar and at bar 0. Inputs Timeframe  = PERIOD_CURRENT - timeframe of Moving
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Average Bar Chart
Brian Lillard
4.6 (5)
Indicators
The ' Average Bar Chart ' indicator was created to showcase the traditional Heiken Ashi calculation as an exotic charting style. This indicator is known for reducing chart noise for a smoother price action. A dditional indicators are recommended Key Features Candlesticks for OHLC are removed from the chart. Average bars may be shown as complete bars without tails. All functionality and features of this exotic chart are inputs. Input Parameters Chart Timeframe =  PERIOD_CURRENT; - period to set
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Session Spreads
Brian Lillard
Utilities
The ' Session Spreads ' indicator was created to show spreads, their instances and averages, over the seven main sessions. This shows the most average & useful spreads occurring the most on the seven main sessions on chart, and via/CSV files. Key Features 7 Sessions automatically adjusted to the broker GMT & DST for logging spreads. Spreads logged per session with overlays equally processed on all applicable. Instances of spreads logged per spread amount that shows the most average. Average spr
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Chart Bucket
Brian Lillard
Utilities
The chart bucket indicator primarily creates custom candlesticks which comes with adjustable colors, color themes and sizes and even comes with a demo. Also included are trade details relevant to trading and binary options. If your a binary options trader this may be useful for timing of bars with actual price that you can compare with your binary options broker. Key Features Custom Candlestick Themes, Custom Colors & Sizes. Ask/Bid Point Difference. Open/Close Point Difference of current bar
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OHLC Breakz
Brian Lillard
Indicators
The 'OHLC Breakz ' indicator was developed to show breakouts of reversals with custom price action patterns. The arrows show price action of reversal conditions with trendlines which indicate long term trend formations. Key Features Custom price action pattern indicating a reversal/breakout from the prior bar. There are visual options available as well as modes which are all non-repaint. Non-repainting signals presented at the beginning of a new bar and at bar 0. Showcasing support & resistance
OHLC Moving MTF Average
Brian Lillard
Indicators
The ' OHLC Moving MTF Average ' indicator comes from the age old 'Moving Average ' strategy with signals available. There are many settings available to customize exactly how you would like to invent your own moving average algo. An advanced customizable stock moving average replacement and also comes with a tradable colorful signal strategy. Default  settings; using custom  OHLC moving average calculations; generates non-repainting trends & scalping signals. Key Features Four prices with a di
HLOC Cross
Brian Lillard
Indicators
The 'HLOC Cross' was created to show crosses of historical highs & lows Key Features This indicator looks for a custom pattern of 3 bars with a bars filter. There are many visual options available to choose from (bar count). Non-repainting trendlines & arrows: arrows either at bar 0 or bar 1. Input Parameters Bar Count = 3000 - all bars on chart or only a select few bars displayed. Bar Buffer = 1 - pattern taken from selected bar, minimum is bar 1. Lines Visible = true - trendlines displayed
MTF MA Cross Advanced
Brian Lillard
Indicators
The ' MTF MA Cross ADV ' indicator comes from MTF Moving Average Cross with  an   advanced algorithm . Fast & slow  m oving average crosses are used for generating up to four arrows either at bar 0 or bar 1. Key Features Advanced algorithm to detect changes in standard moving average cross w/arrows.  There are many settings which can all be non-repaint for signals at a new bar and at bar 0. NewBarConfirm  as 'true' means notifications come from bar 0  & bar 1(false). Audible Alerts, e-mail not
Renko Brick Arrows
Brian Lillard
Indicators
The ' Renko Brick Arrows ' indicator was developed to showcase the traditional renko brick grid pricing on chart. An alternative to using an offline chart generator for renko grid prices, and a unique charting style to strategize. Key Features Renko bricks are drawn over the chart without having to generate a new chart. Optional horizontal lines shows where the next arrows are supposed to appear. Both one and two step reversals are available to draw arrows for buy and sell. Input Parameters Gr
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Version 4.20 2025.01.28
Added alert when signal changes
Version 3.0 2023.09.24
Theme Colorization Changes
Input Parameters Changes
Version 2.0 2023.01.19
Upgrades for visibility as well as performance