ZigZag Channel | Forex Factory

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ZigZag Channel

  • #1
  • First Post: Sep 22, 2011 8:00pm Sep 22, 2011 8:00pm
This the new update of the ZigZag Channel indicator.
I need to hear your comments!

http://www.xpworx.com/images/zz.gif
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #2
  • Sep 22, 2011 9:57pm Sep 22, 2011 9:57pm
the thing about zigzag i find pesky, is the repaint.

there is a nrp version, but even that, is extremely lagging.

i have a friend, he uses nrp and nonlag zz and making thousands of pips without watching fundies.

so did u try this?
Have I got something on my face, SOLDIER?
  • #3
  • Sep 22, 2011 10:06pm Sep 22, 2011 10:06pm
For sure ZigZag indicator repaints. Simply it finds the higher high and lower low of the price and these points change once the price go behind them. So the repaint of ZigZag is logical and expected.

Think as they are support and resistance levels.

Quoting bumapatria
the thing about zigzag i find pesky, is the repaint.

there is a nrp version, but even that, is extremely lagging.

i have a friend, he uses nrp and nonlag zz and making thousands of pips without watching fundies.

so did u try this?
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #4
  • Sep 22, 2011 10:12pm Sep 22, 2011 10:12pm
Quoting CodersGuru
For sure ZigZag indicator repaints. Simply it finds the higher high and lower low of the price and these points change once the price go behind them. So the repaint of ZigZag is logical and expected.

Think as they are support and resistance levels.
ah okay man. i think its best trading them when the levels are near past support or resistance or supply and demand levels.
Have I got something on my face, SOLDIER?
  • #5
  • Sep 24, 2011 12:12am Sep 24, 2011 12:12am
I'll build simple EA based on ZigZag Channel to prove it's good system.

Quoting bumapatria
ah okay man. i think its best trading them when the levels are near past support or resistance or supply and demand levels.
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #6
  • Sep 24, 2011 11:31am Sep 24, 2011 11:31am
Quoting CodersGuru
I'll build simple EA based on ZigZag Channel to prove it's good system.
hence your name, codersguru .

You might want to talk to one of my good friends, he's a trader which uses zigzag nrp, and non lag zigzag to trade. He knows the highs and lows of the system, and incredibly makes around 1000 pips a week, after 4 years of trial and error.

Hes master of zigzag in my pov, and you should talk to him

Have I got something on my face, SOLDIER?
  • #7
  • Sep 24, 2011 8:02pm Sep 24, 2011 8:02pm
Quoting bumapatria
hence your name, codersguru .

You might want to talk to one of my good friends, he's a trader which uses zigzag nrp, and non lag zigzag to trade. He knows the highs and lows of the system, and incredibly makes around 1000 pips a week, after 4 years of trial and error.

Hes master of zigzag in my pov, and you should talk to him

hello bumapatria,

can you share with us your friend's strategy ?

good luck
  • #8
  • Sep 26, 2011 2:57pm Sep 26, 2011 2:57pm
Quoting CodersGuru
I'll build simple EA based on ZigZag Channel to prove it's good system.
Thanks CodersGuru the ZigZagChannel looks good I wil give it a try.

The ZigZagChannel EA you mentioned where can I find more info of it?

Thanks in advance

AJ
  • #9
  • Sep 26, 2011 9:56pm Sep 26, 2011 9:56pm
Thanks for trying the Indicator.
I'm working in the EA right now, once I finish I upload it.

Quoting AJvdB
Thanks CodersGuru the ZigZagChannel looks good I wil give it a try.

The ZigZagChannel EA you mentioned where can I find more info of it?

Thanks in advance

AJ
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #10
  • Sep 27, 2011 3:03am Sep 27, 2011 3:03am
Here's the Expert Advisor based on the ZigZag Channel Indicator.

Please give it a test and tell us your comment.

Zigzag Channel EA
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #11
  • Sep 27, 2011 6:30am Sep 27, 2011 6:30am
Quoting CodersGuru
Here's the Expert Advisor based on the ZigZag Channel Indicator.

Please give it a test and tell us your comment.

Zigzag Channel EA
Thanks CodersGuru,

I wil set it up and let it run.

AJ
  • #12
  • Sep 27, 2011 11:58am Sep 27, 2011 11:58am
Quoting mamz2006
hello bumapatria,

can you share with us your friend's strategy ?

good luck
yeah. he uses a nonlag zigzag, and a zigzag non repaint and once they two meet, sell or buy. sell at peak, buy at dip. i honestly dont like it used alone. use it with knowledge of supply demand, support resistance.
Have I got something on my face, SOLDIER?
  • #13
  • Sep 27, 2011 12:10pm Sep 27, 2011 12:10pm
Hi Codersguru , Test the ea it still not open trade as every candle cross the trandline Do you lock these ea at some TF ?
  • #14
  • Sep 27, 2011 12:21pm Sep 27, 2011 12:21pm
add option at ext bool close @ reverce yes / no .
  • #15
  • Sep 27, 2011 12:24pm Sep 27, 2011 12:24pm
ext bool Do not close possition before the sl , tp hit yes / no
  • #16
  • Edited 12:52pm Sep 27, 2011 12:27pm | Edited 12:52pm
Yepp , these ea dont follow rules yet
  • #17
  • Sep 27, 2011 2:20pm Sep 27, 2011 2:20pm
With now version back stab > PF 1:2 , ea source hog need fszter may be if limit the look back is good , more up date , I am pretty wet , where are you CG
  • #18
  • Sep 27, 2011 6:06pm Sep 27, 2011 6:06pm
Geez are you running Mandarin through Google Translate or something?
You are in a maze of twisty little passages, all alike.
  • #19
  • Sep 27, 2011 10:52pm Sep 27, 2011 10:52pm
What do you mean? :|

Quoting ccr
With now version back stab > PF 1:2 , ea source hog need fszter may be if limit the look back is good , more up date , I am pretty wet , where are you CG
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #20
  • Sep 28, 2011 12:29am Sep 28, 2011 12:29am
Well nobody takes jokes any more nowadays ? ..... lol . Back stab = back test ( you know what back test means ... it can throw the ea to the fish tank or the food bank ) but is nice to know that what back test resault is . These ea back test slow may be becouse the zigzag counting is not limit to some bars .
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