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Zig Zag Support & Resistance Indicator For MT4

    The Zig Zag Support & Resistance Forex indicator for Metatrader 4 displays support and resistance levels based on the Zig Zag technical indicator.

    The indicator appears in the main chart window as a red line that connects the support and resistance levels.

    It’s a versatile indicator that can be used for breakout trading, stop loss placement and take profit.

    From our testings, the indicator does not repaint and works for any currency pair and time frame without slowing down the trading platform.

    It can be used as a standalone technical tool or it can be combined with other technical indicators and trading systems.

    Try first on a demo account until you fully understand how this indicator works!

    Free Download

    Download the High_Low_oZigZagt.mq4 indicator file (MT4)

    Indicator Chart Example

    The picture above shows the indicator attached to the Euro / U.S. Dollar chart.

    How to install the Zig Zag Support & Resistance indicator to your Metatrader 4 platform?

    • Download the High_Low_oZigZagt.mq4 indicator file here and save it to your computer
    • Open your Metatrader 4 platform
    • Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
    • Click on “MQL4” and open the “Indicators” folder
    • Paste the indicator file in this folder
    • Restart Metatrader 4 and you’re ready to start using the indicator

    How to edit the indicator?

    • Attach the indicator to any trading chart of your preference
    • Right click in the chart and select “Indicators List” from the drop down menu
    • Select the indicator from the list and click on “Edit”
    • Now you can start editing the indicator (Inputs, Colors and Visualization)
    • Final step, click on the “OK” button to save the new configuration