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Simple Zigzag + Fibonacci Strategy

  • #21
  • Apr 30, 2020 3:13am Apr 30, 2020 3:13am
I think this one is better

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  • #22
  • Apr 30, 2020 3:16am Apr 30, 2020 3:16am
Quoting cural
Hi MQLTrade is it correct? {image}
Hi! My chart is a bit different.....anyway i'm using zigzag depth 24, u?

To avoid repainting of ZigZag i use not LAST leg but the previous one.....
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  • #23
  • Apr 30, 2020 3:22am Apr 30, 2020 3:22am
I downloaded the indicator
what is the setting for time frames?
  • #24
  • Apr 30, 2020 3:38am Apr 30, 2020 3:38am
Quoting cural
I downloaded the indicator what is the setting for time frames?
i use 24 depth for all TFs
  • #25
  • Apr 30, 2020 3:42am Apr 30, 2020 3:42am
GOLD 1H
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  • #26
  • Apr 30, 2020 7:58am Apr 30, 2020 7:58am
Quoting MQLTrade
EJ 1H.....REVERSAL ZONE {image}
TP hit
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  • #27
  • Apr 30, 2020 7:59am Apr 30, 2020 7:59am
Quoting MQLTrade
GOLD 1H {image}
TP hit
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  • #28
  • Apr 30, 2020 10:07am Apr 30, 2020 10:07am
Quoting MQLTrade
GChf 1H nice setup {image}
After retrace .2120 area, now it broke previous reversal zone....so it could be a good trade breakout of HH swing......in this kind of trading RR is low but high positive rate

Let's see
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  • #29
  • May 1, 2020 2:50am May 1, 2020 2:50am
Good morning to all.....EU 4H update....green pips to all
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  • #30
  • May 1, 2020 4:48am May 1, 2020 4:48am
UJ 1H...perfect swing.....
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  • #31
  • May 1, 2020 6:13am May 1, 2020 6:13am
UC 1h...reached a reversal zone, after a long short swing....
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  • #32
  • May 1, 2020 6:47am May 1, 2020 6:47am
Quoting MQLTrade
UC 1h...reached a reversal zone, after a long short swing.... {image}
Possible NEW SHORT SWING (we have to wait the end of candle), entry point short:
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  • #33
  • May 1, 2020 8:04am May 1, 2020 8:04am
EA 1h......reached reversal zone......
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  • #34
  • May 1, 2020 8:13am May 1, 2020 8:13am
UsaInd 1H..... nobody else use ZigZag + Fibonacci?????? EngineerFX where are u????
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  • #35
  • May 1, 2020 8:45am May 1, 2020 8:45am
I am using regular zigzag

XAGUSD 4H

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  • #36
  • May 1, 2020 9:10am May 1, 2020 9:10am
Quoting cural
I am using regular zigzag XAGUSD 4H {image}
Great!!! So don't be shy, post your view....it's important
  • #37
  • May 1, 2020 9:19am May 1, 2020 9:19am
Thank you MQLTrade
I am trying to understand system.What is the entry rule?
price touch the 78.2
  • #38
  • May 1, 2020 9:28am May 1, 2020 9:28am
Quoting cural
Thank you MQLTrade I am trying to understand system.What is the entry rule? price touch the 78.2
Yes EngineerFX advises to use 78.2 for reversal entry, i prefere area 61.8/78.6
  • #39
  • May 1, 2020 10:08am May 1, 2020 10:08am
OK
Should I wait the bar close or just only touch the line?
and what is the stop loss?
  • #40
  • May 1, 2020 10:39am May 1, 2020 10:39am
Quoting cural
OK Should I wait the bar close or just only touch the line? and what is the stop loss?
For me it's all automatic, indicator tells me
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