Z1 Indicator
Platform: MT4 Type: Reversal Last update: April 19, 2026The Z1 Indicator for MT4 provides blue dots on the price chart.
These dots act a spots for potential short-term reversals. This tool is also good choice for scalpers.
Example chart:
How to use the Z1 Indicator?
Once the fresh dot appears, traders should wait for current candle to close. This is to make sure it stays and not recalculates.
After that, one can consider opening a trade in the opposite direction. However, this needs to be done within context of market structure or support & resistance levels or trendlines. Not every signal generated by Z1 indicator should be taken – but rather solid setups.
