Sometimes, while waiting for a pullback and fresh m1 signal for entry, price moves away leaving you behind, like this one.
ZIGZAG Indicator 56 replies
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Dislikedthe ea that i work on it.. {image} {image} {image} {image} {image} {image}Ignored
Disliked{quote} The problem: #1. You have created a sub-folder, you named it Zig Zag Strat. Solution: #1. Copy all indicators from your sub-folder, Zig Zag Strat, and paste then on Indicator folder. #2. Use updated MultiZigZag v3 {image} {file}Ignored
Disliked{quote} {file} Doesn't depend on other timeframes now - you can also put it on any chart now, i.e. works in any timeframe.Ignored
Disliked{quote} That EA will be so handy in the future! Love to hear more updates. It's been a long while I traded forex. Did some quick scalping while reading the whole thread on some strats people here posted and using Zig zag startlevel, MultiZigZag v3, indec_zig_dash and ! ZIG DASF MTF Clr indicators, with default settings on each indicator on a M15 timeframes on certain pairs I'm practicing on. {image}{image}{image}{image}Ignored
Change CROW's Indicator settings - higher lengths remove noise (https://www.forexfactory.com/thread/...gzag-3-windows):
You only need to use M15 timeframe. Trade between 8 AM GMT and 16 PM GMT. No restriction on pairs, but I tend to stay away from XAUUSD and XAGUSD. This is a mean reversion strategy, i.e. we buy SWING low and sell SWING high. Yes, sometimes the signal is delayed and other times it's earlier - however, it's a high probability setup - failures do happen and they are part of the game! Use the Fibonacci lines as take profit targets... take partial profits as you pass a Fibonacci level.
If you stick to these rules (and are not greedy), I promise you will profit from this system!
An example BUY and SELL trade on EURUSD below:
Disliked{image}{image} {image} {file} In the attached CSV: PL Pips - potential loss pips. PL - potential loss $. PP Pips - potential profit pips. PP - potential profit $. PD Pips - potential drawdown pips. PD - potential drawdown $. TP - take profit $, assuming target of 10 pips. CROW's Indicator settings (https://www.forexfactory.com/thread/...gzag-3-windows): Length = 10 Length2 = 25 You only need to use M15 timeframe. Trade between 8 AM GMT and 16 PM GMT. No restriction on pairs, but I tend to stay away from XAUUSD and XAGUSD. This...Ignored
Disliked{image}{image} {image} {file} In the attached CSV: PL Pips - potential loss pips. PL - potential loss $. PP Pips - potential profit pips. PP - potential profit $. PD Pips - potential drawdown pips. PD - potential drawdown $. TP - take profit $, assuming target of 10 pips. Change CROW's Indicator settings - higher lengths remove noise (https://www.forexfactory.com/thread/...gzag-3-windows): Length = 10 Length2 = 25 You only need to use M15 timeframe. Trade between 8 AM GMT and 16 PM GMT. No restriction on pairs, but I tend to stay...Ignored
Disliked{quote} That EA will be so handy in the future! Love to hear more updates. It's been a long while I traded forex. Did some quick scalping while reading the whole thread on some strats people here posted and using Zig zag startlevel, MultiZigZag v3, indec_zig_dash and ! ZIG DASF MTF Clr indicators, with default settings on each indicator on a M15 timeframes on certain pairs I'm practicing on. {image}{image}{image}{image}Ignored