What is IdealZZP 1.00?
IdealZZP 1.00 is an MT5 indicator that draws a simplified, low-noise ZigZag line connecting key market highs and lows.
It uses a percentage channel threshold to filter out minor market noise, producing clear swing wave segments.
How to use IdealZZP 1.00
Use the swing points to map higher highs and higher lows in uptrends, or lower highs and lower lows in downtrends.
Combine swing turning points with key support and resistance zones for additional chart context.
Where it helps
Percentage channel logic eliminates minor intraday price fluctuations.
Connects major highs and lows with distinct, high-contrast trend lines.
MT5 Indicator Parameters
The table below lists the available MT5 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| ChannelPercent | Sets the percentage channel threshold required to record a new swing high or low. Default: 0.1. |
The screenshot above shows the default input parameters in the MT5 settings window.
How to Install .ex5 Indicator in MetaTrader 5
- Download the ZIP file and extract it.
- In MT5, select File → Open Data Folder.
- Open MQL5 → Indicators and copy the EX5 or MQ5 file into it.
- If the package includes library files, copy them to MQL5 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT5, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
