ZUP 148 Indicator

📊 ZigZag-Based Analysis – Built on the popular ZigZag indicator to measure distances between points on a chart.
🎯 Entry & Exit Signals – Helps traders spot potential trading opportunities with precision.
⚙️ Non-Repaint Indicator – Provides reliable signals without redrawing past data.
🕒 Multi-Timeframe Support – Works on D1-W1, H1-H4, and M15-M30 charts.
💻 MT4 Compatible – Free and beginner-friendly tool for MetaTrader 4.
🌟 Price Action Tool – Useful for both intraday and swing trading strategies.

🔍 Comprehensive Market Insights – Identifies potential support and resistance levels using the ZigZag indicator.

📈 Distance Measurement – Measures the distance between two points to analyze market movement.

🛡️ Trade Confirmation – Combines ZigZag data with additional signals to confirm entry and exit points.

🎯 Visual Guidance – Displays support and resistance levels as colored lines (green for support, red for resistance) for easy chart interpretation.

⚙️ Customizable & Easy to Use – Quickly added to any MT4 chart with adjustable settings for traders’ preferences.

🧩 Intraday & Swing Trading Utility – Suitable for multiple trading styles, providing flexibility across timeframes.

🌟 Free & Popular – Trusted by traders worldwide for effective market analysis and decision-making. 

Input Settings & Controls

  1. ExtIndicator – Refers to an external indicator used as part of the calculation or signal system.

  2. Parametres ZZforDMLEWA – Parameters for ZigZag (ZZ) calculations specifically for the DML/EWA method.

  3. min Bars – Minimum number of bars/candles required for a calculation or pattern recognition.

  4. minSize – Minimum size (price movement or bar length) considered for signals.

  5. Ext Deviation – Deviation used for ZigZag or pattern calculations to control sensitivity.

  6. Ext Backstep – Minimum bars between pivots or peaks to avoid false signals.

  7. no Backstep – Option to disable the backstep restriction (true/false).

  8. RecoverFiltr – Filter setting to recover or ignore certain signals.

  9. GrossPeriod – Timeframe or period used for gross calculation (e.g., 1/2 means half period).

  10. minPercent – Minimum percentage change required for a signal to be valid.

  11. Ext Point – External point or buffer used for plotting or calculation.

  12. StLevel – Standard or starting level used in calculations.

  13. BigLevel – Significant level used in the indicator, can be set to auto or manual.

  14. min Bar – Minimum bar count considered for calculations.

  15. V/2 – Likely a midpoint or half-value used in calculations or plotting.

  16. max Bar – Maximum number of bars considered for calculations.

  17. Ext StyleZZ – Style of the ZigZag line (solid, dashed, dotted).

  18. Ext Max Bar – Maximum bar span for the ZigZag calculation.

  19. Ext Min Bar – Minimum bar span for the ZigZag calculation.

  20. Ext NumberPeak – Number of peaks considered in calculations.

  21. Ext NumberPeak 10 – Specific configuration to consider 10 peaks.

  22. Ext NumberPeak Low – Number of low peaks considered in calculations.

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

Risk Disclaimer

  • TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
  • We are not SEBI Registered Investment Advisors or Research Analysts.
  • All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
  • We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
  • TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
  • 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.
  • If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
  • Any such use is at the user’s sole discretion and risk.
  • We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
  • Use of our software, tools, or services.
  • Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
  • All market data and content provided are subject to delays, inaccuracies, or errors.
  • Past performance (actual or hypothetical) is not indicative of future results.
  • Hypothetical or backtested performance may not reflect the impact of actual market conditions.
  • Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
  • Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
  • Automated signals or scanners are tools for evaluation—not trading instructions.
  • TrendCharts content does not account for personal financial conditions, goals, or investment profile.
  • Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
  • Do not rely solely on any information presented on our site for actual trades.
  • Datafeeds and information may be delayed as per data vendor policies or exchange requirements.
  • We do not guarantee the real-time accuracy, timeliness, or completeness of such data.
  • No legal claim may be made against us or our data providers based on inaccuracies.
  • Any user testimonials are individual opinions and may not represent the typical user experience.
  • Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
  • All opinions, data, signals, and analyses shared on the website are subject to change without notice.
  • TrendCharts reserves the right to modify tools, content, and services at its discretion.
  • Our software or product names are for branding purposes only and do not imply any market prediction or financial guarantee.
  • No claim is made regarding profitability from any software usage.
  • All content—charts, indicators, tools, or data—is designed for testing, analysis, and learning.
  • 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. 🔥

Related Products

Scroll to Top

Contact US

Fill out the form below, and we will be in touch shortly.
Contact Information