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Trend Monitor VZ

3.67

The Elliott Wave Theory is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The Valable ZigZag Indicator shows the wave structure of the market, as well as indicates the direction of the main trend at the moment on the current timeframe. For your convenience, the Trend Monitor VZ Indicator will display the trend direction on a chart for all timeframes, for the entire list of currency pairs that you trade.

Get an overall picture of the state of the market for all instruments on a single chart to make the right trading decisions!

The Valable ZigZag Indicator is very stable and does not often change direction like the classic ZigZag, confusing traders. This is achieved by using fractals for plotting the waves of the indicator.

The Valable ZigZag Indicator is first and foremost a trend indicator. It sets the main direction in which the trader should trade, and the Trend Monitor VZ Indicator gives a general idea of what is happening with the market at the moment.

For example:

If the indicator in all timeframes of the EURUSD pair shows the arrows upwards, it indicates a strongly established upward trend. It is too late to enter the market, because most likely the market has already passed enough points and there is a possibility of a local correction. In case the higher timeframes show an upward trend and the lower timeframes show a downward trend, we can look for an entry point in the direction of market movement on the higher timeframes.

Have a look at how the Valable ZigZag Indicator is used in the trend trading strategy Owl Smart Levels. And you can use the Trend Monitor VZ Indicator as a signal indicator to start looking for entry points in the direction of the global trend.

  • Have a look at the weekly trade reviews by clicking on the link >>

The basic indicator on which the main logic is tied is the Full Fractals Indicator, that is why there are only 2 main settings in external variables:

  • Candles on the left - determines the number of bars on the left to build a fractal
  • Candles on the right - determines the number of bars on the right to build a fractal

Use the Trend Monitor VZ Indicator in order to always follow the global trend in your trading, and see a cross-section of the market for all instruments at all timeframes on a single chart.

I'm Sergei Ermolov, subscribe to my updates!


Reviews 4
Jenny LK
1807
Jenny LK 2023.05.05 16:08 
 

I've been using Owl indicator of this author for one month and I found it very informative so I rent this scanner too. Great trend multi time analyzer. Worth the price.

danmar
1541
danmar 2023.03.24 09:35 
 

I just bought it and the first results are, for me , very interesting by the fact it give me early information for reversal before my others indicators and in scalping it is very important look very accurate, i appreciate a lot this dashboard not based on RSI that i already have but on trend i will come back after 1 week of trades, look so good already Thanks Warmly

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MT4 version  |   Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |  FAQ The Fractals Indicator   is one of the elements of the author's trading strategy of  Bill Williams . It is used to search for price reversal points on the price chart and, consequently, support and resistance levels. The Full Fractals Indicator   is an improved Fractals which is available in the toolkit of almost all trading terminals. Its only difference is that to build a fractal we   use 5 candles to the left
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Grid Hlevel MT5
Sergey Ermolov
4.64 (33)
MT4 version |  Valable ZigZag Indicator  |   FAQ The  Grid HLevel  Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works  according to  the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the in
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Full Fractals
Sergey Ermolov
4.85 (13)
MT5 version  |   Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |  FAQ The Fractals Indicator is one of the elements of the author's trading strategy of  Bill Williams . It is used to search for price reversal points on the price chart and, consequently, support and resistance levels. The Full Fractals Indicator is an improved Fractals which is available in the toolkit of almost all trading terminals. Its only difference is that to build a fractal we use 5 candles to the left and 2
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Owl Smart Levels MT5
Sergey Ermolov
4.07 (28)
MT4 version  |   FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User
Universal Breakout
Sergey Ermolov
4.56 (34)
Settings  |  MT5 version  |  Universal Box Trading Sessions Indicator |  FAQ Universal Breakout is an Expert Advisor that trades on the classic price range breakout strategy . It can be set up for any strategy that involves price breaking out of the price band , which is set by the time interval. For example : breakout of Asian, European or American trading session extremums, breakout of daily extremums or even the first H4 candle of Monday. Telegram chat:   @it_trader_chat The new Expert Advis
FREE
Universal Box MT5
Sergey Ermolov
4.75 (8)
MT4 version   |  FAQ  |   EA Universal Breakout   Universal Box   plots   price ranges   on the chart which can be used later to trade on a price range breakout. There are many strategies with which you can apply this indicator. The indicator is set by default to mark   Asian, European and American trading session   ranges on the chart. Ranges are plotted as rectangles, the boundaries of which are the beginning and end time of the trading session, and the levels of maximum and minimum prices fo
FREE
Grid HLevel
Sergey Ermolov
4.54 (24)
MT5 version |  Valable ZigZag Indicator   |   FAQ The Grid HLevel Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works  according to the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the indi
FREE
Valable ZigZag
Sergey Ermolov
4.5 (6)
MT5 version  |  Trend Monitor VZ Indicator  |  Owl Smart Levels Indicator  |  Owl Smart Levels Strategy  |   FAQ The Elliott wave theory   is an interpretation of processes in financial markets that relies on a visual model of waves on price charts.   The Valable ZigZag indicator   displays the wave structure of the market, which can be used to make trading decisions. The Valable ZigZag indicator is more stable and does not often change its direction like the classic ZigZag indicator, misleadin
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Shuttle Runner
Sergey Ermolov
4 (16)
The swing strategy is the basis of the Shuttle Runner Expert Advisor . The strategy was described as far back as 2009 and is actively used by traders in the Forex market. Shuttle runner is a revised and improved version of this strategy. Telegram chat:   @it_trader_chat The new Expert Advisor Prop Master -   test it in your trading terminal https://www.mql5.com/en/market/product/115375 The basic gist of the strategy is this: This advisor should be traded  only during active market phases . An
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Prop Master MT5
Sergey Ermolov
5 (1)
Prop Master  Expert Advisor works according to the classical strategy and follows all the rules set by  Prop   firms for their clients. The Expert Advisor can be traded both on funded accounts of Prop firms and on your own accounts. There is no restriction on the type of trading account. How to test the Expert Advisor? It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly? T
Prop Master MT4
Sergey Ermolov
2 (1)
Prop Master   Expert Advisor works according to the classical strategy and follows all the rules set by   Prop   firms for their clients. The Expert Advisor can be traded both on funded accounts of Prop firms and on your own accounts. There is no restriction on the type of trading account. How to test the Expert Advisor? It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly?
Universal Box
Sergey Ermolov
5 (1)
MT5 version |  FAQ  | EA Universal Breakout   Universal Box plots price ranges on the chart which can be used later to trade on a price range breakout. There are many strategies with which you can apply this indicator. The indicator is set by default to mark Asian, European and American trading session ranges on the chart. Ranges are plotted as rectangles, the boundaries of which are the beginning and end time of the trading session, and the levels of maximum and minimum prices for that period.
FREE
MiloBot PRO MT5
Sergey Ermolov
5 (4)
Backtests from 2015 |  MT4 version |  FAQ MiloBot PRO  is a Forex Expert Advisor (EA) based on the  author's strategy  which has been developed, tested and optimized for more than 2 years. The main indicator of the MiloBot PRO’s reliability is developers’  real accounts totaling more than  100 000 USD . The MiloBot Pro’s advanced  algorithmic strategy  gives everyone the opportunity to earn the stable profit every month.  Copyrighted indicators   help the EA accurately to enter the market when
Molecule AI
Sergey Ermolov
3.86 (7)
Reports V4 since 2010 |  MT5 version   |  FAQ   !!! NEW VERSION V4 - ON 09/23/2023!!! Added a new more stable algorithm (see below for details).  PLEASE SET UP CORRECTLY BEFORE TESTING It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly? The setting should be made at the time when the market is open and ticks are received in the trading terminal. Open Google and search f
ATR Zone MT5
Sergey Ermolov
ATR is an important indicator for any financial market. The abbreviation ATR stands for Average True Range. This indicator is a tool to determine the volatility of the market, this is its direct purpose. ATR shows the average price movement for the selected period of time. The initial price of the indicator is 63$. The price will increase every 10 sales   up to 179$ The original ATR indicator is present in many trading programs. The ATR indicator is not very informative, so I modified its data a
Safety
Sergey Ermolov
5 (2)
I think everyone knows such a rule of money management as "Safe". For those who are not aware, the safe assumes closing half of the position after the profit on the transaction has equaled the size of the stop. Thus, even if the price reverses and catches the stop, you will not lose money, because exactly the same amount of profit was received when closing part of the position earlier. The Safety Expert Advisor has only one setting – the closing lot. Leaving it at position 0, the adviser will
FREE
Owl smart levels
Sergey Ermolov
4.34 (35)
MT5 version  |  FAQ The Owl Smart Levels Indicator  is a complete trading system within the one indicator that includes such popular market analysis tools as  Bill Williams' advanced fractals , Valable ZigZag which builds  the correct wave structure  of the market, and  Fibonacci levels  which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private
MiloBot PRO
Sergey Ermolov
5 (3)
Backtests from 2015 |  MT5 version  |  FAQ MiloBot PRO  is a Forex Expert Advisor (EA) based on the  author's strategy  which has been developed, tested and optimized for more than 2 years. The main indicator of the MiloBot PRO’s reliability is developers’  real accounts totaling more than  100 000 USD . The MiloBot Pro’s advanced  algorithmic strategy  gives everyone the opportunity to earn the stable profit every month.  Copyrighted indicators   help the EA accurately to enter the market when
ATR Zone
Sergey Ermolov
ATR is an important indicator for any financial market. The abbreviation ATR stands for Average True Range. This indicator is a tool to determine the volatility of the market, this is its direct purpose. ATR shows the average price movement for the selected period of time. The initial price of the indicator is 63$. The price will increase every 10 sales up to 179$ The original ATR indicator is present in many trading programs. The ATR indicator is not very informative, so I modified its data and
Babylon
Sergey Ermolov
Babylon Expert Advisor trades on support and resistance levels. Support and resistance levels are determined on the basis of a genetic algorithm based on artificial intelligence. This allows you to open trades not only at levels that are already visible in history, but also at the expected levels that may be formed in the future. Moreover, trading only in the direction of the trend increases reliability and minimizes possible drawdowns. After purchase, send me a private message to receive the se
Trend Monitor VZ MT5
Sergey Ermolov
5 (1)
MT4 version   |  Valable ZigZag Indicator  |   FAQ The Elliott Wave Theory  is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The  Valable ZigZag Indicator  shows the   wave structure of the market , as well as indicates the direction of the main trend at the moment on the current timeframe. For your conve
Molecule AI MT5
Sergey Ermolov
2.67 (6)
Reports V4 since 2010  |  MT4 version   |  FAQ   !!! NEW VERSION V4 - ON 09/23/2023!!! Added a new more stable algorithm (see below for details).  PLEASE SET UP CORRECTLY BEFORE TESTING It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly? The setting should be made at the time when the market is open and ticks are received in the trading terminal. Open Google and search
Babylon MT5
Sergey Ermolov
Babylon Expert Advisor trades on support and resistance levels. Support and resistance levels are determined on the basis of a genetic algorithm based on artificial intelligence. This allows you to open trades not only at levels that are already visible in history, but also at the expected levels that may be formed in the future. Moreover, trading only in the direction of the trend increases reliability and minimizes possible drawdowns. After purchase, send me a private message to receive the se
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Forex4trade
65
Forex4trade 2023.08.21 18:05 
 

DO NOT BUY from this user!!!!! I purchased the product and it did NOT work. I requested from the user to modify the indicator, and he said he will do it but that he will place it at the bottom of his queue. Since he did not provide me with a release date, which it could be in a several Months I requested for a refund for which he said he would not honor my request. He said refunds are provided via the web site, however, he clearly knows that once you download the product and try to run it or activate it, you are no longer able to request for a refund. I reached out to him to see if there was anything that can be done, and he said he would address making changes to the indicator, but basically at his own time and that did not work for me. Bottom line - DO NO BUY from this user as the products are not good.

Sergey Ermolov
189008
Reply from developer Sergey Ermolov 2023.09.26 08:30
Hello.
As you requested, I added the ability to move the information panel to the indicator. Everything is in the order of the queue of assigned tasks.
Although I do not believe that if the information panel does not have the ability to move it is considered a low-quality product
Jenny LK
1807
Jenny LK 2023.05.05 16:08 
 

I've been using Owl indicator of this author for one month and I found it very informative so I rent this scanner too. Great trend multi time analyzer. Worth the price.

danmar
1541
danmar 2023.03.24 09:35 
 

I just bought it and the first results are, for me , very interesting by the fact it give me early information for reversal before my others indicators and in scalping it is very important look very accurate, i appreciate a lot this dashboard not based on RSI that i already have but on trend i will come back after 1 week of trades, look so good already Thanks Warmly

Станислав Касьянов
83
 

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Version 1.2 2023.09.26
- Acceleration of the indicator
- Added the ability to move the information panel on the chart