DislikedWhere the Opportunities Exist {image} Problem Do you struggle to see the opportunity for you to profit that exist before you each and every day? Are you unsure as to which direction you should be trading in to give yourself the best chance of profit? Solution In this thread I am going to give away a specially configured template using freely available indicators. Please note this is not a trading system, but it will highlight where the opportunities exist, specifically on a 1 minute chart for GBP/USD. Essentially, it will show you a structure or...Ignored
Just stumbled onto here. Thanks for what looks like an interesting concept.
It will be much appreciated if you could help me in better understanding this.
I loaded the template and Indi's and watched it for some time.
1. Though they look/behave like Zig-Zag and Donchian channel, I haven't found the typical input parameters that are used for the Indi's. So am i right in saying logic behind the "ZZ" and "Donchian Channel" is different? Could you please shed some time on what exactly do the indicators are trying to convey?
2. About the "Donchian Channel", is it super imposing two channels? Kindly check the snapshot as it can convey my thoughts better. Is there any significance in price falling in the top part or bottom part?
Your help is greatly appreciated.
Thanks