ZigZag Indicator V1.0 MT5 – Spot Trends with Ease on US500, EURUSD & More


Ever find yourself staring at charts for hours, trying to figure out where the trend begins… and where it might end? You’re not alone. One of the most confusing parts of trading is knowing when price has actually changed direction. That’s where the ZigZag Indicator V1.0 for MT5 steps in—a deceptively simple yet highly practical tool used by pros and beginners alike.


Whether you're swing trading the US500, scalping AUDCAD, or testing new strategies on EURCHF, understanding the major pivots of the market is crucial. The ZigZag Indicator doesn’t predict the future (nothing really can), but it clears up the noise and shows where price has turned—so you can better plan your next move.


And the best part? It’s completely free on FxCracked.org. Let’s unpack how this indicator works, how to install it, and why it should absolutely be part of your charting toolkit.


What Is the ZigZag Indicator V1.0 MT5?


The ZigZag Indicator for MT5 is a trend-confirmation tool that connects swing highs and swing lows to reveal the broader price structure of the market. It doesn’t repaint historical points—it simply connects pivot points once a price has moved far enough in the opposite direction.


Unlike lagging indicators that react slowly, the ZigZag gives you visual clarity—fast. It marks Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) so that you can quickly assess if the trend is up, down, or ranging.


How It Works



  • You choose the depth, deviation, and backstep—these control how sensitive the indicator is.

  • It scans the chart for highs/lows that meet those parameters.

  • When a new pivot point is confirmed (e.g., price reverses beyond your set deviation), it draws a line connecting to the last point.

  • The result? A beautiful, clean zigzag pattern that gives instant clarity.


This isn't a signal-based tool—but when combined with support/resistance, Fibonacci retracements, or SMC (Smart Money Concepts), it becomes super powerful.


Best Use-Cases



  • Trend Reversals: Confirm when the market structure flips from HH-HL to LH-LL.

  • Swing Trading: Identify major swing points for high-RR entries.

  • Breakout Confirmation: Pair it with volume or breakout strategies for more confidence.

  • Scalping & Intraday: Works smoothly on M5, M30, and H1—ideal for shorter timeframes.

  • Confluence Tool: Combine it with RSI divergence or order blocks.


Key Features of ZigZag Indicator V1.0 MT5


• + Clear visual representation of swing highs/lows
• + Helps spot chart patterns: triangles, double tops/bottoms, head and shoulders
• + Adjustable sensitivity via depth and deviation parameters
• + No lagging behavior; updates once structure is confirmed
• + Compatible with US500, AUDCAD, EURCHF, EURUSD
• + Works on M5, M30, H1 (and higher timeframes too)
• + Non-repainting historical levels
• + Lightweight and fast, doesn’t slow your MT5 terminal
• + Fully free download on FxCracked.org
• + Great for both beginners and technical analysis pros


How to Install ZigZag Indicator on MT5


Installing the ZigZag Indicator V1.0 on MetaTrader 5 is a breeze:



  1. Download the .ex5 file from FxCracked ZigZag Download Page

  2. Open MT5 → Click File → Open Data Folder

  3. Navigate to MQL5 → Indicators

  4. Paste the file inside

  5. Restart MT5 or refresh the Navigator panel

  6. Find the ZigZag Indicator under Custom Indicators, drag it to the chart

  7. Adjust the depth, deviation, and backstep to your liking

  8. Done! You’ll see the zigzag lines forming based on swing highs/lows.


Real-World Trading Example


Let’s say you’re trading EURUSD on the H1 chart. You notice the ZigZag has drawn a Lower High and a Lower Low. That’s a bearish market structure—so instead of buying the dip, you might look for short entries after a minor pullback.


Or maybe you’re swing trading the US500, and you spot a fresh Higher Low—indicating possible trend continuation. The indicator helps confirm what your eyes think they see.


It simplifies the noise, plain and simple.


Why the ZigZag Works


ZigZag doesn’t try to predict. It’s not about entry signals—it’s about structure awareness. And that’s its power. When combined with your own analysis or strategies (supply-demand, SMC, trendlines), it offers the confirmation you need to commit to a trade.


Unlike lagging tools like moving averages or RSI, ZigZag reacts once the market confirms, not before—and that’s often safer for new traders.


Why Choose Tools from FxCracked and YoForex?


At FxCracked.org, all the indicators and bots come vetted by the YoForex team—a trusted brand in the world of free forex tools.


They don’t just throw random indicators at you. Everything is tested in live charts, optimized for MT5, and kept 100% free for traders like you and me. No paywalls, no clickbait, just clean tools that work.


YoForex is all about transparency, education, and building a trader-friendly ecosystem. If you're serious about improving your technical edge, this is the kind of brand you want backing your tools.


Check out YoForex’s full suite of tools if you haven't already!


Support & Disclaimer


Need help installing or using this indicator? YoForex offers full support via:



And as always—
Disclaimer: No tool or indicator guarantees profits. Use ZigZag as a confirmation aid, not a signal generator. Always test in demo mode before risking real funds. Responsible trading is smart trading.


Final Thoughts: Is ZigZag V1.0 Worth It?


Absolutely. If you’re looking for a non-repainting, easy-to-use, visually clean MT5 indicator that helps you read structure—ZigZag V1.0 delivers.


Whether you're a chart pattern trader, SMC believer, or just someone who hates clutter, this indicator brings clarity.


   Download it free from FxCracked.org
   Join the YoForex trading fam on Telegram


Start spotting those pivots. Start trading smarter.


Happy Trading