$hah 210 (Finally touch points)

Really interesting

Shahrooz, you're right, but in my opinion the modern Iranian culture kick butt too! For example, one of my favorite books is "My Uncle Napoleon" by Iranian author Iraj Pezeshkzad! I've never read anything like this, it is a real masterpiece, one of the best ever!

http://en.wikipedia.org/wiki/My_Uncle_Napoleon

What i meant about the culture is going to get better during past 50 years ! i have read that book also there was a movie on it ! thank you for your kind glance toward iranian culture .

Ok dear friends

please start posting your trading (or backtesting results here using the indic)
to continue the following post

i am going to post the positions i took today

Here is my scalping trades on eurusd M1/M5

Total tp = +63
Total SL=-19
Net Profit = 44 Pips

Dear Shahrooz, It would have been Better for all of us followers here , If you would put your trades here when you execute please. So we can learn at what point you entered n made money!

Nice job...

Some questions....

Your TPs are the next Turning Point lines?
Why did you took the -6 pips loss? Coz price went down....
Why did you use only 2 indis instead of 3?

Thanks!

DearBehman
I read somewhere in a forum that when you are trading focus 150 % for your trading ! perhaps there are professional traders here who can do both trading and posting but this is out my ability !
indic won't repaint so you can turn times to the trades and see the results !

Tps and sls are the most positional zones , (M5/M15/H1 Fractals HERE)i mean

the -6 pip loss is for trend changing and 2nd it has passed complete a touch point line !

when scalping i use M1/M5 indic because m15 means it should compare 15 candles of m 1 that is too high ! for a MTF system i prefer to use a maximum 8-10 range candles except perhaps (perhaps) day trading which use weekly and monthly (again perhaps )
look at these !


M1/M5 >>> 5
M5/M15/M30 >>> 3 and 6
D1/W1 >> 7

Please read completely previous posts especially ravie Guidance

Dear Shahrooz:
What is the trading rule(s)?
what is buy or sell signal based on your indicator?
how use the horizontal lines drew based on ziz zag indicator for trading?
please first describe about signals then share pics for better scenes.
thank you in advance.

the trading rules havn't published yet !
i have just postet the indicator because of asking the people or even the private messaging which they accused me to a person who wants to sell anything ! So now anyone can trade with the indic with its rules ! i siad before green = bullish , red=bearish black =side

yes they are touchpoints

dear
you mean green dots for three time frames appear simultaneously means Buy?
and the same scenario for the red dots is valid?
then would you please describe more about points that marked by vertical red lines
please note at a moment you do not know about future dots.
thanks

if i understand correctly your question , in my ravie
the first line from left is valid
and then agian 6th candle before the forth vertical line was another sell position

i know i was lazy today for posting anything
but today was a busy line for me .

Je suis Desole

this is another successful trade for today
Good night all

HI SHA

maybe you are interested in this indicator to your strategy

saludos

Thx for sharing Man

I'm going to work on more details in 2 days

before that, Seems there is an obligation to make some comments about the ZIGZAG indic Settings.
As I said before there are three factors which handle this indicator .
ExtDepth =10
ExtDeviation =2
ExtBackStep =3

But what are these factors and why these number ?!
Ext Depth is the key factor in my opinion but why ?!
Because as the Metatrader MQL help says it is : Number of periods (in direction from the start bar to the back one) on which the calculation is carried out.

That means for finding a top or bottom it analyze 10 candles and then picks them .
But why ten ?! I ‘am not going to print the Hand math calculations here ( I think there is no need for that and here is not a math forum ) But just you should know this ten !
As you may know when we have a turning points anywhere in the world, the derivation of its function in that point will tend to get close and closer to zero!
So that, the function I have used to modelized the charts will make something Like this



Y*(1-Log x)
That
X=ExtDepth
Y= A*Sin(Mθ+Ω1) + B*Cos(Nθ+Ω2)
Which
A and B = amplitude
M=angular frequency
Θ=Current Wave Position in Radian
And
Ω1 and Ω2 are the difference in phases of two Waves !
Any way As Y needs Prediction of future and very very very hard calculation of Phase Calculating and at least i can not do this.
The Phrase in the Prentices should equal to Zero to simpilfy every thing
So cooz Log 10 = 1 then X = 10

ExtDeviation =2
It can be the numbers between 0 to anything you would like but as higher it gets we have lower range of freedom for our calcs I have considered it to be 2 (It should be selected by the range of the pair ). As the Name of these factor has a deviation on it it is clear its duty

ExtBackStep =3

Look at these :

for(back=1; back<=ExtBackstep; back++)
{
res=ExtMapBuffer2[shift+back];
if((res!=0)&&(res<val)) ExtMapBuffer2[shift+back]=0.0;
}

As you all know this can be considered as modifying Block it backs to our First Guessed Geometrical Function



As I considered this ravie as a Totally Geometrical Wave pattern modeled which uses two main Shape Called Triangle and Ellipse BakcStep Should set to 3
Why ?!
Because you need to three Point to draw A triangle and an ellipse
you say no ?1 Ok Try IT

Seems there are too many grammatical and spelling problem in this text, I wrote it too fast

Guys, I'm sorry that I kind of "disappeared". Some family matters, everything is OK, but I couldn't trade Thursday-Friday because my relatives are visiting me . I think I will be able to start testing on Monday or Tuesday.

I look forward to reading Shahrooz's posts during weekend!