GBPJPY great reaction on Rev Zone, RR 1.7
Simple zigzag Expert Advisor - need help 7 replies
ZigZag - Keep It Simple Stupid 129 replies
Simple ZigZag modification 15 replies
simple zigzag alert 2 replies
ZigZag Indicator and Fibonacci Question! 9 replies
DislikedFolks, I want to bring on here a very simple strategy. The basis of this strategy is the use of two traditional tools which are Zigzag and fibonacci. Sell Rules : 1. Drag Zigzag indicator on the chart and leave default settings for now. Zigzag just helps to identify the swings but any trader should be able to identify the swings with the naked eye. 2. Identity a Low (L) and a High (H). Wait for price to break the low to form a (LL). 3. Draw a fib retracement from the LL to the H. 4. Enter short if price retraces to your desired fib level. I prefer...Ignored