4 Level ZZ Semafor Alert Indicator MT4 + MT5

The 4 Level ZZ Semafor Alert Indicator extends the 3-level semafor with one extra fractal depth for the biggest market turns. Also, pale yellow dots mark micro swings, light green = small swings, light coral = medium swings, deep pink = major structural turns. Alerts fire only on the level-4 deep-pink swings so you only get pinged on the moves that matter for higher-timeframe structure.

For more like this, browse the more trend indicators for forex or jump to the full all MetaTrader indicators.

What the 4 Level ZZ Semafor Alert Indicator does on the chart

Also, the 4 Level ZZ Semafor Alert Indicator extends the 3-level concept with one more fractal depth. Also, still, level 1 (pale yellow) marks the smallest swings, level 2 (light green) marks medium swings, level 3 (light coral) marks larger swings, and level 4 (deep pink) marks only the most significant turning points.

Each dot is placed above the bar (swing high) or below the bar (swing low) and stacked vertically so the four scales are visually distinct. Thus, alerts fire on confirmed level-4 swings – these are the structural turns you’d want to know about even when away from the screen.

Key features and settings

  • Level 1 pale yellow dots – 2-bar fractal (tiny swings)
  • Level 2 light green dots – 4-bar fractal
  • Level 3 light coral dots – 7-bar fractal
  • Level 4 deep pink dots – 12-bar fractal (major structural turns)
  • Alerts fire only on level-4 swings
  • Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels can be toggled independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
  • Built for both MT4 and MT5; works on every timeframe and every symbol your broker offers.
  • Lightweight code that does not slow down the chart.
Setting Description Default
Level1Depth Level-1 fractal depth 2
Level2Depth Level-2 fractal depth 4
Level3Depth Level-3 fractal depth 7
Level4Depth Level-4 fractal depth (major) 12
OffsetPoints Vertical offset between dot layers 25
EnableAlerts Master alert toggle true
EnablePopup Popup on level-4 swing true
EnablePushNotify Mobile push false
EnableEmail SMTP email false
EnableSound Play sound on level-4 false

How to read signals from the 4 Level ZZ Semafor Alert Indicator

4 Level ZZ Semafor Alert Indicator - buy and sell signals example chart
Buy/sell signals example

Use level-4 deep-pink dots as your major-structure reference. Also, still, hence, lower levels are intra-swing pullbacks.

Entry idea (long). Wait for a deep-pink dot below a bar (confirmed level-4 swing low). Next, enter on next bar’s open. Stop sits below the dot.

Entry idea (short). Wait for a deep-pink dot above a bar (confirmed level-4 swing high).

In practice, Exit idea. Trail with level-3 (light coral) dots – exit on the first opposite level-3 dot, or hold for the opposite level-4 dot for a bigger move.

Tuning the 4 Level ZZ Semafor Alert Indicator inputs

Start with the defaults, then tune for your market. Level1Depth (default 2) is the threshold a reading must clear before it counts as a signal; Level2Depth (default 4) is the threshold a reading must clear before it counts as a signal; Level3Depth (default 7) is the threshold a reading must clear before it counts as a signal. Then, every alert channel — pop-up, sound, email and mobile push — toggles independently in the same inputs panel, and alerts fire once per closed bar.

Recommended timeframes and instruments

this indicator needs room for structure to form, so favour the higher timeframes.

  • H1 and H4 for reliable, tradable structures.
  • Daily for the cleanest patterns and levels.

Below H1 you get frequent, lower-quality structures. Thus, yet, it works best on the majors and XAUUSD where swings are well defined.

How to install on MT4 and MT5

4 Level ZZ Semafor Alert Indicator - indicator inputs and settings panel
Indicator inputs and settings

Installation is the same for every indicator on this site. Also, hence, truly, unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.

Best practices and tips

  • Wait for the pattern to complete and confirm with price action before acting.
  • Add a momentum check so you are not catching a falling knife.
  • Wait for the bar to close before acting on a signal.
  • Backtest your configuration on at least 200 closed bars before trading live.
  • Keep position sizing small while you learn how the tool behaves on your instrument.
  • Review your results weekly and prune settings that underperform.

Get the 4 Level ZZ Semafor Alert for MT4 and MT5

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Built by forexmt4systems.com

As a result, this it is one of 1,383 free MT4, MT5 and TradingView indicators we publish and maintain. Also, every tool ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files, a 4-channel alert system (popup + mobile push + email + sound), and is loaded on EURUSD H1 before release to confirm it draws cleanly without repainting. The same one-step email opt-in below unlocks the entire library – not just this one indicator.

FAQ

What does the 4 Level ZZ Semafor Alert measure?

It plots a clear signal layer that the 4 Level ZZ Semafor Alert computes from recent price and volume on the chart.

Is the indicator non-repaint?

By default the indicator only confirms a signal on the bar close, so the printed signal locks in once that bar closes. Then, typically, some users prefer the early intra-bar mode for faster signals — both options are in the inputs.

Which timeframe should I use?

There is no single best timeframe. Also, still, yet, still, m15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?

It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Thus, fast-moving instruments may need a smaller period setting.

Can I add alerts?

Yes. Thus, truly, hence, Pop-up, sound, push, and email alerts live in the inputs panel. On MT4 and MT5 the alert plays on the bar close that triggers the signal. Next, this indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. In addition, you toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Then, alerts trigger once per closed bar.

For external background reading, see the background reading on moving averages. Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the tool as one input. Always backtest before trading live.

Category: this is part of our Trend collection. Also, still, hence, plainly, yet, browse more Trend for MetaTrader, or explore every MT4 indicator and MT5 indicator on the site.

External references

About the author

Dominic Walsh built and documented this indicator. Also, truly, the author is Dominic Walsh, a Forex trader and MT4/MT5 indicator developer. Every tool on forexmt4systems.com goes through live-chart testing before release, and ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files. Learn more about the trader and developer behind this site.

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