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ZigZag Lines MTF (MT4) — review, price and free alternatives
MT4 indicator$35 on MQL5by Taras Slobodyanik
ZigZag Lines MTF is a MetaTrader 4 indicator by Taras Slobodyanik, sold on the MQL5 Market for $35. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
ZigZag Lines MTF — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Taras Slobodyanik
- Price
- $35
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded ZigZag Lines MTF on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Multi timeframe ZigZag indicator. It displays the support/resistance horizontal lines and their breakouts, as well as draws the current targets of the market.
Before you buy ZigZag Lines MTF
What the developer claims
- It can also display lines of the Fractals indicator and candles from other periods (up to Quarterly).
- Indicator – connects key lows and highs to show trend lines.
- You can also use it as indicator for the Break of Structure(BOS) & Market Structure Shift(MSS).
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on ZigZag Lines MTF
Compiled from its public MQL5 listing. FxRobotEasy has not traded ZigZag Lines MTF; what these notes say about how it works comes from that listing.
Overview
ZigZag Lines MTF by Taras Slobodyanik represents a comprehensive automated trading solution for MT4 traders. What sets ZigZag Lines MTF apart is its balanced approach to trade execution and capital preservation.
Risk notes
ZigZag Lines MTF implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Taras Slobodyanik
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing ZigZag Lines MTF on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Our breakout robot — entries confirmed by pivot structure
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Breakopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
ZigZag Lines MTF or Breakopedia AI?
| ZigZag Lines MTF | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($35) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Taras Slobodyanik | FxRobotEasy |
ZigZag Lines MTF modelled Strategy Tester aggregate
As of September 1, 2026-14.61%
Simulated average ROI
32.74%
Simulated average drawdown
1,143
Simulated trades
1.00
Simulated profit factor
46.7%
Simulated win rate
2
Modelled scenarios
Subject: ZigZag Lines MTF averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
ZigZag Lines MTF — questions
What is ZigZag Lines MTF?
ZigZag Lines MTF is a MetaTrader 4 indicator published on the MQL5 Market by Taras Slobodyanik, priced at $35 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does ZigZag Lines MTF work on MT4 or MT5?
ZigZag Lines MTF runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does ZigZag Lines MTF cost?
ZigZag Lines MTF is a paid product listed at $35 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-11-27. It is sold and downloaded through the developer's (Taras Slobodyanik) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for ZigZag Lines MTF?
FxRobotEasy has not traded ZigZag Lines MTF on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for ZigZag Lines MTF elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.