The Ozymandias indicator is a VTL trend following indicator. It consists of a middle line, an upper band and lower band. The middle line color shows the trend direction, Red middle line – Down Trend and Sky Blue middle line – Up Trend. In an uptrend price usually remains above middle line and when it moves above upper band, it is likely to pull back to the upper band or middle line depending on trend strength. In a down trend price usually remains below middle line and pull backs are likely to happen when price moves beyond lower band.

XigXag is a modification of the ZigZag indicator is a VTL . XigXag Indicator tracks and connects peaks and troughs of the chart. ExtDepth is the minimal amount of bars where there will not be the second maximum (minimum) ExtDeviation pips higher or lower than the previous one. I.e., ZigZag can always diverge, but it can converge (or completely draw together) more than at the ExtDeviation value only after ExtDepth bars. ExtBackstep is the minimal amount of bars between maximums/minimums. The XigXag indicator can be used for Elliot wave studies to identify waves. Another usage is in pattern detection. Check the AB = CD pattern identified in the image. The retracement levels are measured with the Fibonacci tool.

Zero Lag MACD attempts to remove lag in the MACD is a VTL. It does this by using a Zero Lag Moving Average instead of traditional moving average. The Zero Lag  MACD places greater emphasis on recent prices, and generate earlier signals than the conventional MACD.