Disliked{quote} Spot on with Strategy 1 Dewey. It is a high probability trade if the Stoch reaches the 0 or 100 level with your conditions in strat 1.Ignored
Quoting Jmn Now for the system.
After a DZ is formed, we wait for price to move away from it. It needs to move far enough away for price to breach the BB, a semaphor and zigzag must also have formed. The original similarity thread has gone deep into theory, so I thought I would use a piece of that theory and create a system for everyone to test. The rules are not in stone. So everyone is welcome to contribute. The idea for this thread is to have clear, concise rules. Coders and testers are welcome, of course.
Quoting Dewey Strategy 1
Stoch goes outside band, EMA goes outside same band, ZZ Top or Bottom forms, Enter trade, SL = 10 pips, TP is middle band