So what to do?

I'm trying to code Williams % Range (W%R) conditions into an EA. I'm an experienced trader but beginner at coding. If anyone is willing to help me code the following condition I would appreciate it. The strategy uses H1 as the HTF and for a Buy the ...

I've found looking at H1 and filtering through M5 and entering a trade on M1 works well.

I have a Buy 2014.08.12 15:01 (Pepperstone) at 1.3341. The entry is at BE. We'll see if it gets knocked out. If not, the next step is locking in profit and exiting.

What you're exploring is interesting, let's keep going with this. I have no experience with 'averaging'.

If we look at the 8.8 EURUSD D1 candle/bar what do we see? We are not using the zigzag indicator on D1 for this observation. What if on the next trading day the EURUSD H1 zigzag indicator forms a 'zag' to the 'zig' that has formed? Not really 'if' ...

And if you have a pattern you think has possibilities, and want to share.

I've observed wolfe waves and harmonic patterns on different timeframes for many months. Now I'm narrowing down the observation to only zigzags. I'm looking at H1 zigzags in relation to M5 zigzags. Looking for a repeatable pattern on M5 once an H1 ...

The intention is to use zigzags as a pattern finder. At the moment my attention is on the relationship between H1 an M5. From there I will look to see if there are any repeating patterns. M1 would not use zigzags. If the zigzag relationship is ...

Thank you WhiteArrow. I'll play around with later today and get back to you.

I start every trade as an M1 momentum trade. The trick now is discovering if zigzags can help in defining a reliable pattern on higher timeframes.

That was more of a question. I know how to filter through different timeframes to make an entry on M1. I have very little experience with zigzag indicators and any any variations of their usage.

Hi TdHowl, Did you include in your research what others were doing with zigzags, and if so, was anyone consistently profitable?

Tunera, I have protocol that allows me to use a 10 pip sl on a variety of entry methods. If your average gain is 19+ my protocol may help in the win/loss ratio as well as drawdown. If you're interested send me a pm.

I enter on M1 but exit on whatever higher timeframe I got my entry cue from. I have no experience with scalping and will watch and learn.

Nepul, what is your entry point and time? I'd like to see how you use a 3-4 pip SL. Here's my entry and exit . . . Entry: H4 higher timeframe EURUSD 2014.07.01 20:16 Sell @ 1.3690 10 pip + spread SL Exit: 2014.07.07 10:00 candle @ 1.3579 Profit: 111 ...