Simple zigzag Expert Advisor - need help 7 replies
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ZigZag Indicator and Fibonacci Question! 9 replies
DislikedI'm not sufficiently convinced that what is laid out in the original rules (even with the oscillators) would make for a good strategy, but I won't discount the tendencies for Fib levels to be points of support / resistance (self-fulfilling prophecy or not). Looking forward to hear if anyone has any success with Fibs - I can incorporate it into code if that works.Ignored
Disliked{quote} Hi carddard! My experience says that NOT ALL WORKINNG can be CODED. Many traders think that EA is the only way to profit but it isn't. EYES, BRAIN & MONEYMANAGEMENT.... this is the key IMHO….. (& a bit of lucky )Ignored
Disliked{quote} I'm not sure why you keep harping on this point mate. If discretionary trading works for you, I'm genuinely happy for you. I know both successful discretionary and algorithmic traders, so both ways work. But if one works better for you then go ahead. Use it. Personally, going fully automated works for me because it saves me tons of time and helps me get rid of bad strategies from the beginning. I also get to keep my day job while trading in the background while I work, completely hands-free and emotionless. One thing that confuses me though,...Ignored
Disliked{quote} I sorry if u read my post as attack to u, it isn't. Discretional or algorithmic approach, doeasn't matter, the important thing is to close end of day GREEN A new day is coming, green pips to all...and stay safeIgnored
Disliked{quote} No harm done mate. All is well. I know you said you bought the indicator from a commercial member here. But would you be able to share more details about how it works? It seems like it is entering trades based on the classic ABCD reversal pattern. Is that accurate?Ignored