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Home » The Best Zigzag Indicator MT4 (DOWNLOAD LINK)

The Best Zigzag Indicator MT4 (DOWNLOAD LINK)

If you are looking for a zigzag indicator MT4, you’ve come to the right place. To download the MT4 zigzag indicator, you have to scroll all the way to the bottom, the download link is there.


Here’s the problem: the default zigzag indicator given in MT4 trading platform does not really capture most of the highs and lows on a chart do draw zigzags.

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On the chart below, notice that some of the high and lows of price have been missed to draw zigzags by this default zigzag indicator:

Default zigzag indicator mt4

It is not so apparent until you compare default zigzag indicator to the Swing_ZZ indicator, which in my opinion is the best zigzag MT4 indicator on the planet at the moment.

Have a look on the two charts below when placed side by side, which zigzag indicator do you think you will choose?

default mt4 zigzag indicator vs swing Zigzag indicator mt4



The swing zigzag indicator is the best zigzag mt4 indicator because it captures most of the swing highs and swing lows of price action to draw zigzags.

And with these zigzags, you can:

As you can see, there’s a handful of things you can do with this zigzag forex indicator.


The thing I like about the swing zigzag indicator is that you can adjust the setting to get more accuracy.

Here’s how to adjust the settings:

  1. right click on your chart where the swing zigzag indicator has been upload and click “indicators list” and this will bring up a window with a list of all the indicators you have on that chart.
  2. Find Swing_ZZ and double click it and this will open up the second window
  3. In the second winder, By default,  in the “inputs” tab, the “minBars” is set to 2. By changing this number to 1, you get more accuracy. By increasing this number to 3 or 4, the accuracy decreases because it will only pick those significant swing highs and lows to draw zigzags.
  4. Then click “Ok” and this will close the 2nd window then you are only left with the first winder and you click”close”

how to adjust swing zigzag mt4 indicator settings

That’s it.

So lets compare a few charts to see how the accuracy changes when you change the “minBars”:

changing mt4 zigzag indicator settings

As you can see:

  • if you want to get more accuracy, then change minBars to 2 and this will make the zigzag indicator pick up even the smallest swing highs and lows of prices to draw zigzags.
  • if you want to only focus on the major swing highs or lows to draw zigzags, increase minBars to 3.


Here are list of  “zigzag” forex trading strategies…What I actually mean is that this swing zigzag indicator can become a very handy tool to use with these forex trading strategies listed below:

  1. Trendline Trading Strategy
  2. Broken Trendline Retest Forex Trading Strategy
  3. Trendline Breakout Forex Trading Strategy
  4. Support and Resistance Forex Trading Strategy
  5. Head and Shoulders Pattern Trading Strategy
  6. Symmetrical Triangle Pattern Forex Trading Strategy
  7. Support Level Breakout Forex Trading Strategy
  8. Resistance Level Breakout Forex Trading Strategy
  9. Ascending Triangle Pattern Forex Trading Strategy
  10. Descending Triangle Pattern Forex Trading Strategy
  11. 123 Forex Trading Strategy


Here is the download link for the mt4 zigzag indicator: Swing_ZZ

Forex Zigzag Indicator MT4

It would mean the world to me if you can share this if you’ve enjoyed this. Thanks

6 thoughts on “The Best Zigzag Indicator MT4 (DOWNLOAD LINK)”

  1. Thank you Rkay for the reply message. Today it got added to mt4 trading chart. thank you so much. I need Camrilla indicator. If you have that indicator, can u give me the link to download that indicator. if you dont have camrilla, its ok fine.

  2. Hi Rkay,

    I’m reading your article, its really superb. I’m new to this forex trading,but your articles gives me some idea as to how to trade. normal default zigzag adding to chart, but your swing zigzag not able to add to chart. eagerly waiting for your reply.

  3. I tried to add this swing zigzag. I have added to indicator, but its not coming to my chart. its showing nothing. how can i attach swing zigzag to my chart. im new to trading.please advise how to add to chart.

    1. (1)If your trading platform is not metatrader 4 (MT4), it will not work. its only to be used with MT4 trading platform
      (2) make sure after you download it, it should be saved in your “indicators” folder and file path would look like this:
      C:\Program Files (x86)\MetaTrader – (your forex broker name here)\MQL4\Indicators

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