Under specific conditions, an issue was found with the tool's behavior, and we have temporarily halted sales. We apologize for the inconvenience, but the resale date is undecided.

This product is a trial version that only operates with NZD/CHF (NZ Dollar/Swiss Franc).

For the full version,click here.

Do you have any of these concerns?

Not sure where to set highs and lows.
When you buy, it goes down, and when you sell, it goes up, causing confusion.
The standard ZigZag in MT4 repaints and cannot be trusted.

This indicator is recommended for such people

Not sure where to set highs and lows.It draws waves on the chart based on the definition of Swing Highs (highs)/Swing Lows (lows) used by many people.
When you buy, it goes down, and when you sell, it goes up, causing confusion.It visualizes the transition points by drawing a baseline at the pullback low/high, and coloring the background of the buy/sell areas.
The standard ZigZag in MT4 repaints and cannot be trusted.Since it draws lines using confirmed bars, once a line is drawn, it won't change. However, as an exception, if a new high is continuously determined to be higher than the previous high, the previous high will be canceled (the same applies to lows).

Main Features

Plots highs and lows on the chart according to the definition of Swing High/Swing Low and draws waves (can be hidden).

Displays prices and short horizontal lines to the right of Swing High/Swing Low (prices and horizontal lines can also be displayed at the close price of the Swing High/Low bar). Each can be toggled on/off individually.
Draws a line at the last pullback low or return high, color-coding the background above it as a buy area and below it as a sell area to make it easy to see current trends and visualize where trend shifts occur (can be hidden).
Notifications via sound/push/email/alert messages can be enabled when a line is breached. Notifications can be easily toggled on/off by clicking the line.
Displays the position of higher time frame pullback lows or return highs.

[Trial Version] Indicator that Draws Dow Theory and Waves VisualizeDow2 [MT5]