Fanatic TZ

📊 Indicator Type: Sideways
🎯 Trading Style: Intraday, Swing
Timeframe: D1–W1, H1–H4
💻 Platform: MT4
📂 Category: Price Action

📈 Popular Forex Tool – Fanatic TZ is a free MT4 indicator designed for traders of all levels.

🔎 Identifies Opportunities – Detects profitable entry and exit points by analyzing price action.

🧩 Proprietary Algorithms – Uses advanced calculations to spot trend reversals and market shifts.

📊 Support & Resistance Mapping – Plots multiple levels to guide better trading decisions.

Momentum Detection – Highlights changes in market momentum to capture potential moves.

🎨 Color-Coded Display – Uses different colors for clarity in support, resistance, and reversals.

🎯 Versatile Strategy Use – Suitable for both short-term (intraday) and long-term (swing) trading.

🚀 Profitability Boost – Helps traders refine strategies and improve overall profitability.

🛠 Easy to Use – Simple MT4 setup, beginner-friendly yet powerful for advanced traders.

Input Settings & Controls

  • General Settings

    • h_value: Defines the lookback range used for detecting transient zones (TZ).

    • TZ_pre: Refers to the settings that control how transient zones are displayed.

  • Display Settings

    • show_high / show_mid / show_low: Toggles visibility of high, middle, and low transient zones on the chart.

    • bars_limit: Sets the maximum number of candles to process for calculations.

    • uneven_tz: Allows or disallows uneven zone detection.

    • show_stats: Displays statistical information related to transient zones.

    • do_alert: Enables or disables alerts when a condition is met.

    • show_remain_ptz_bars_num: Shows or hides the number of bars remaining for a potential TZ.

  • Color Settings

    • remain_ptz_bars_num_color: Defines the color of the remaining-bar counter for potential TZs.

    • tz_left_clr: Sets the color for the left boundary of a TZ.

    • tz_right_clr: Sets the color for the right boundary of a TZ.

    • potential transient zone color: Specifies the fill color for potential zones.

    • stats_color: Sets the text color for the displayed statistics.

  • Statistics Position

    • stats_pos_x: Adjusts the horizontal placement of the statistics panel.

    • stats_pos_y: Adjusts the vertical placement of the statistics panel.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
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  • No real-money trading or investment recommendations are provided or supported.

⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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