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Zigzag indicator with pip count? 9 replies

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Attachments: ZigZag 3 Windows
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ZigZag 3 Windows

Quoting Slade2012
{quote} {image}
Very good chart setup, thanks for sharing,

I don't know what happened to CROW today?

Still holding GPUSD longs, needs a huge bounce in US session

Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 16.2%
Quoting Erebus
{quote} Very good chart setup, thanks for sharing, I don't know what happened to CROW today? Still holding GPUSD longs, needs a huge bounce in US session
Thank you! Just wanted to show that the system is working! CROW well done!
Based on this system Today's profit is $93.69 or +5.30%
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Quoting costarica21
Based on this system Today's profit is $93.69 or +5.30% {image}
Cool!

Please which time frame are you using?
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M15 is sell
M5 is buy
M1 is buy

So to use this indicator, must follow these steps?

1. Wait for M5 to become sell
2. Once M1 become sell, immediately place a sell trade
Quoting flashpaul
I liked. Subscribed. I hope this thread will go on. Is there not the possibility to add an alarm when the arrows appears?
Support this!
Quoting tradelab
Hi if you could add an option for an alert on a new arrow signal that would be great.
2nd this!
Quoting clubdio
{image} {quote} No, it's not! I like it, but I have to watch! Yes, it would be good to add an alarm.
Third!
Quoting lengendff
{image} M15 is sell M5 is buy M1 is buy So to use this indicator, must follow these steps? 1. Wait for M5 to become sell 2. Once M1 become sell, immediately place a sell trade
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But instead of M5 become sell, M1 become sell.

So should we open sell based on:
M15 - sell
M5 - buy
M1 - sell
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Now M5 become sell

All 3 now sell
M15 sell
M5 sell
M1 sell

Open sell.

Actually the description from the author is very poor, so no one can really know what is the "intended" way to trade using his indicator.

So I find it is funny when users post profit praising this indicator when the instructions to use this is inadequate.
Quoting lengendff
{image} Now M5 become sell All 3 now sell M15 sell M5 sell M1 sell Open sell. Actually the description from the author is very poor, so no one can really know what is the "intended" way to trade using his indicator. So I find it is funny when users post profit praising this indicator when the instructions to use this is inadequate.
Appreciate your effort!!!
Very well explained.
Until we will don't have an alarm, I guess that the best way to use this indicator is to apply only with one pair or index in open sessions market. Start with H1 and switch to the minor TF.
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Quoting costarica21
Hi thanks you very much for this indicator in two days i made 71% with drawdown 23.94% thanks! {image} {image} {image}
Wow, that's pretty good!
Do you use it the same way as suggested by @crow ?
Look at the 15m and then look at 5m if both are in the same direction then look at 1m and get the entry point there?
Any other tip?
Quoting ogbuefi1
{quote} Cool! Please which time frame are you using?
Hi only H1 and all pairs is traded
Hello, I just started using this system and have a very small question, how you guys are placing SL and TP using this system thank you.
Quoting costarica21
{quote} Hi only H1 and all pairs is traded

Okay!

Thank you
Quoting mhsawon
Hello, I just started using this system and have a very small question, how you guys are placing SL and TP using this system thank you.
Good question.
I imagine that we will have to try options.
It could be the SL in swing before the entry, change in the color of the line (or in the line of the upper TF, which would allow some reentry).
Any suggestion?
Quoting gerval
{quote} Good question. I imagine that we will have to try options. It could be the SL in swing before the entry, change in the color of the line (or in the line of the upper TF, which would allow some reentry). Any suggestion?
It is a very personal answer: don't worry too much about the SL. Take care about the right entry.
Look at a profit and set a SL:TP 1:1 , 1:2 , 1:3.
Use large Trailing Stop.
  • Post #59
  • Quote
  • Edited at 12:32pm Apr 26, 2022 2:03am | Edited at 12:32pm
AN AMAZING STRATEGY!!!

Full credit to the creator - CROW. Here's what works for me - very effectively!

ENTRY POINTS

  1. First, M15 arrow appears.
  2. Second, M5 arrow appears in same direction as M15.
  3. Third, M1 arrow appears in same direction as M5 - now enter trade in direction of M5 and M15.

STOP LOSS

  1. BUY - Stop loss below the low of the M1 candle where the buy arrow appears.
  2. SELL - Stop loss above the high of the M1 candle where the sell arrow appears.

TAKE PROFIT

  1. BUY - When M15 sell arrow appears.
  2. SELL - When M15 buy arrow appears.

Hi,
And when indy is repainting, what do you do?
Health
jf
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