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The Bouncing Pip

  • #21
  • Jun 13, 2008 6:38pm Jun 13, 2008 6:38pm
as I understand it, zigzag looks for a series of lower lows/higher highs.

So, let's say there are two lower lows in a row. ZigZag paints a line to that. But what happens when there is a third lower low in a row? The line is moved to that low.

Hence, repainting.
  • #22
  • Jun 13, 2008 6:40pm Jun 13, 2008 6:40pm
Quoting Ronald Raygun
as I understand it, zigzag looks for a series of lower lows/higher highs.

So, let's say there are two lower lows in a row. ZigZag paints a line to that. But what happens when there is a third lower low in a row? The line is moved to that low.

Hence, repainting.
Yes, that is what I said.
Moving legs if higher/lower price(repainting)...same thing I think.
Request custom Expert Advisor or Indicator: dostapyuk "at" gmail . com
  • #23
  • Feb 24, 2010 4:21am Feb 24, 2010 4:21am
Quoting Ronald Raygun
as I understand it, zigzag looks for a series of lower lows/higher highs.

So, let's say there are two lower lows in a row. ZigZag paints a line to that. But what happens when there is a third lower low in a row? The line is moved to that low.

Hence, repainting.
1.Yes, ZigZag repaints. You can also use Nonlagzigzag(setting 100)which also repaints.So we have to use combination with RSI.

2.When arrow appears on Nonlagzigzag peak, check RSI is 90 or 10 if yes,
follow the arrow direction to place a trade with stoploss.
  • #24
  • Dec 8, 2011 6:16am Dec 8, 2011 6:16am
Does anybody ever still comes to this thread ???????????

This is a real nice system ... Its just no body understood it better !!!!!
Human
  • #25
  • Dec 15, 2011 1:53pm Dec 15, 2011 1:53pm
wandering if your still trading this method? and how are the results up to now?
I have watched it repaint over and over again this week on the eur/usd with allot of fustration.
I saw an up indicator on all time frames starting with 4hr, then 1hr, 30min... but it kept repainting for the whole week, would have lost 3800pip in 94 hours
Could use some idvise, so far i think there is something here that can be used.
  • #26
  • Dec 15, 2011 3:44pm Dec 15, 2011 3:44pm
is just an idea ... But you must try ... I have no time
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  • #27
  • Last Post: Dec 15, 2011 3:58pm Dec 15, 2011 3:58pm
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