🎯 “Hunting Ambush” — Catch the Trap Before It Springs! 🎯

Predictive Pattern Detection for High-Probability Reversals in MT4

🔍 Overview

"Hunting Ambush" is a MetaTrader 4 (MT4) custom indicator developed by R.KH that identifies potential reversal patterns using a multi-level ZigZag algorithm. This tool draws triangles based on nested ZigZag levels and visually marks ambush zones for buy or sell setups—places where smart money may trigger price reversals.

This indicator is best suited for traders seeking:

High-probability entry signals

Geometric patterns formed by market structure

Confirmation tools for support/resistance zones

🛠️ How It Works

At its core, Hunting Ambush relies on two ZigZag levels (Level 1 and Level 3), with each detecting different structural points based on different depths (Period1, Period3).

Steps:

Detects ZigZag highs/lows:

Level 1 = Short-term swings

Level 3 = Longer-term structure

Scans for nested patterns: When a Level 3 high/low is confirmed, the algorithm looks backward for two more Level 1 confirmations to form a triangle (price pattern).

Draws triangle shapes connecting these 3 points.

Plots arrows (Buy/Sell markers) at the third point for possible entry zones.

Optional alerts can be triggered when patterns form.

⚙️ Input Parameters

Input NameTypeDescription

ShowSemaforsboolShow ZigZag semafor dots/arrows

ShowTrianglesboolShow triangle pattern structures

FillUpboolFill triangles with background color

ShowMarksboolShow directional arrows at signal points

ShowAlertboolAlert when Level 3 high/low forms

ShowAlertTrboolAlert when full triangle pattern forms

Period1doubleZigZag depth for Level 1

Period3doubleZigZag depth for Level 3

Width1, Width3intLine width for ZigZag Level 1 / Level 3

BarsCountintNumber of historical bars to check

BuyTrianglecolorTriangle color for Buy setup

SellTrianglecolorTriangle color for Sell setup

BuyMarkcolorArrow color for Buy signal

SellMarkcolorArrow color for Sell signal

DATA1intMax pip distance allowed between pattern legs (filters noise)

Dev, StpintDeviation and backstep for ZigZag filtering

SYM1, SYM3intArrow symbol codes for ZigZag 1 & 3

🖼️ Visual Elements on Chart

ZigZag Lines (optional): If ShowSemafors = true

Triangles: Drawn when pattern is found (up to 3 historical bars)

Buy/Sell Arrows: Drawn after triangle formation

Alerts: Popup when enabled

🧠 Logic Behind the Pattern

Buy Setup:

Level 3 Low (point A)

Previous Level 1 High (point B)

Previous Level 1 Low (point C)

Pattern drawn A → B → C

Arrow plotted at C

Sell Setup:

Level 3 High (point A)

Previous Level 1 Low (point B)

Previous Level 1 High (point C)

Pattern drawn A → B → C

Arrow plotted at C

Triangle must stay within the range defined by DATA1 (converted to points). If conditions are met, alert is optionally triggered.

🧽 Cleanup Functionality

Whenever new data comes in, the chart is cleaned:

All previously drawn triangles and arrows are deleted

Ensures chart remains up-to-date and not cluttered

✅ Benefits

Predictive setup rather than reactive signal

Visually clean, even with complex logic

Highly customizable

Works well as a confirmation tool with trend indicators or support/resistance

📢 Pro Tip:

Use this indicator on H1 or H4 timeframes for swing trading. Combine with a trend filter (like EMA or RSI) to reduce false signals.

👨‍💻 Developer & Credits

Developer: R.KH

Version: 1.00

Website: www.robomql.com

Year: 2025