DT_ZZ M1 Scapling System | Forex Factory

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Attachments: DT_ZZ M1 Scapling System
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DT_ZZ M1 Scapling System

  • #1
  • First Post: Edited Feb 14, 2011 10:51am Feb 12, 2011 8:54am | Edited Feb 14, 2011 10:51am
Long: Green DT_ZZ > red arrow > green arrow pull the trigger
Short: Red DT_ZZ > green arrow > red arrow pull the trigger
Stop = 200% of ATR (15) + spread
Exit = 1.5 x Stop
Pairs = Spread < 2

This is a new system to demo trade. Please do not trade on a live account until satisfied with the results.
Attached File(s)
File Type: mq4 ZigZag.mq4   6 KB | 3,070 downloads
File Type: mq4 DT_ZZ.mq4   4 KB | 5,027 downloads
File Type: mq4 EMA Crossover Signal.mq4   4 KB | 3,294 downloads
File Type: ex4 THV3 ATR Pips.ex4   3 KB | 3,131 downloads
File Type: mq4 #(T_S_R)-Daily Range Calculator .mq4   14 KB | 3,271 downloads
File Type: tpl ! dt.tpl   9 KB | 3,507 downloads
  • #2
  • Feb 12, 2011 8:54am Feb 12, 2011 8:54am
Long example
Attached Image (click to enlarge)
Click to Enlarge Name: dt_zz long.gif Size: 24 KB
  • #3
  • Feb 12, 2011 8:55am Feb 12, 2011 8:55am
Short example:
Attached Image (click to enlarge)
Click to Enlarge Name: dt_zz short.gif Size: 22 KB
  • #4
  • Feb 12, 2011 10:26am Feb 12, 2011 10:26am
Does this work on other pairs and oil?
  • #5
  • Feb 12, 2011 10:45am Feb 12, 2011 10:45am
Quoting criss73
Does this work on other pairs and oil?
Haven't looked at any else due to spread.
  • #6
  • Feb 12, 2011 11:54am Feb 12, 2011 11:54am
Looks even better on 5m or 15m - do the dtzz dots repaint?

thanks
  • #7
  • Feb 12, 2011 12:14pm Feb 12, 2011 12:14pm
Quoting Pardy
Looks even better on 5m or 15m - do the dtzz dots repaint?

thanks
No, not after the candle closes from what I have seen.
  • #8
  • Feb 12, 2011 5:17pm Feb 12, 2011 5:17pm
I am not sure I follow your instructions. Would you please put them in a narrative? Looks promising. Thanks for posting.
"Loss and failure are inevitable but misery is optional"
  • #9
  • Feb 12, 2011 5:28pm Feb 12, 2011 5:28pm
Quoting carmel
I am not sure I follow your instructions. Would you please put them in a narrative? Looks promising. Thanks for posting.
green dot, then wait for red arrow, then open long on green arrow

red dot, then wait for green arrow, then open short on red arrow
  • #10
  • Feb 14, 2011 2:52am Feb 14, 2011 2:52am
Hi,
Do you take all signals you get, or just one per leg?

Regards
  • #11
  • Feb 14, 2011 3:34am Feb 14, 2011 3:34am
EA will be good. Looking forward.

福 子 Victor V
  • #12
  • Feb 14, 2011 3:40am Feb 14, 2011 3:40am
Thanks I will watch this for a few days
  • #13
  • Feb 14, 2011 3:42am Feb 14, 2011 3:42am
And I added daily pivots
  • #14
  • Feb 14, 2011 4:14am Feb 14, 2011 4:14am
Pip Chaser, this is actually very good!! Thanks for posting.

Pardy
  • #15
  • Feb 14, 2011 10:54am Feb 14, 2011 10:54am
I am changing to M5 time frame. M1 was ranging to much for my liking.
  • #16
  • Feb 14, 2011 10:56am Feb 14, 2011 10:56am
Took this trade on EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: dt_zz long.gif Size: 22 KB
  • #17
  • Feb 14, 2011 10:58am Feb 14, 2011 10:58am
pip chaser,

do you have any criteria for getting into trades? long or short requirements...do you stop trading after a certain amount of trades?

more details please...
  • #18
  • Feb 14, 2011 11:03am Feb 14, 2011 11:03am
Quoting Madness
pip chaser,

do you have any criteria for getting into trades? long or short requirements...do you stop trading after a certain amount of trades?

more details please...
Following the rules for entry on the 1st page. No set times of trading for me. The nice thing about this system is that it is volatility based for stops/profits.
  • #19
  • Feb 14, 2011 2:46pm Feb 14, 2011 2:46pm
Hi Pip Chaser,

Thanks for sharing your strategy. A quick question about the TSR Average Daily Range indicator. Do we use it just as an overview of how far the currency pair has moved as compared to its average daily range ?
  • #20
  • Feb 14, 2011 4:00pm Feb 14, 2011 4:00pm
Having checked this out on a 5 min chart today, I am amazed at the apparent lack of interest. I know its early days, but if today was any indication to go by............. Thanks, my friend.
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