3LZZ Scanner Dashboard – Extras

This post contains the extra Metatrader 4 indicators for mql5.com Market product:

3LZZ Scanner Dashboard

available here:

https://www.mql5.com/en/market/product/41459

Additional indicators/template:

3LZZ-Scanner-Dashboard-Extras.zip (326 downloads)

To use 3LZZ.tpl file, in Dashboard properties: “Use Template For New Window”: 3LZZ

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10 Responses

  1. Chandra K says:

    Can I use your 3LZZ Scanner for Indian stock market.

  2. DP says:

    Can i purchase it directly from your site ?
    Is there any limitation on no of accounts i can use this indicator ?

    • Abir says:

      Actually I don’t sell it directly on my site. But you can purchase it from metatrader Marketplace:
      https://www.mql5.com/en/market/product/41459

      It gives you 5 activations. One activation is per PC.
      No matter how many brokers or Metatrader 4 apps you use on a PC doesn’t matter. It will still use up only 1 activation.
      But if you install in another PC, it will take up another activation.

  3. DP says:

    So in case after formatting the PC and reinstalling the OS, hope it will not be counted as another installation.
    What will happen after 5 PC installations, is there any top up option ?

    Is there any discount if i purchase multiple products from you ?

  4. DP says:

    Apologies for duplicate posts, i was getting error every time i try to post, so thought that it did not go through.

  5. ignasi says:

    Hello,
    I am interested in the 3LZZ indicator EA, which you have hanging in mql5, but I do not understand the concept of semaphore very well … I do not understand the video very well, you have some information from the EA in writing so that I can better understand the concept of semaphore, and what does the scanner data mean? Thank you very much in advance.

    • Abir says:

      Hi there,
      This is actually a scanner dashboard which is just an indicator. This is not an EA. So it won’t auto trade for you 🙂
      It is based on the 3 Level zz semafor indicator which is available here:
      https://www.mql5.com/en/code/7730

      Semafors are basically high and low points which this indicator finds using ZigZag algorithm.
      Based on Periods and Deviations specified.
      Semafors for periods 1 (short-term), 2 (medium-term) or 3 (long-term).
      Number 3 is the most important Semafor level to keep an eye on. Because that will show a greater probability for reversal.
      Which is why 1 is weak semafor, 2 is medium and 3 is strongest semafor signaling reversal.
      But while a semafor is forming on current bar, we should not trade. As semafor might shift to next bar if it makes a new high/low.
      Instead wait for a few bars and check higher timeframes to see if a semafor is fully formed.

      Here’s a good video which will explain the overall concept:

      And the product description for the scanner describes the features it provides:
      https://www.mql5.com/en/market/product/41459

      Hope it clarifies things 🙂
      But do let me know if you need any help with this.

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