DT ZigZag EA - help needed

Quoting garyghouri

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ok guys
i have been playing with this very promissing ea to come up with profit full settings
just take a look and see if this can be improved in to some (holly grail) lol
please all you big brains come and take a look the report
and may make it more productive
be waiting

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Quoting tdhowl

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Thanks for posting. I demo traded this week with this dt zigzag lauer indicator. Out of many thousands of indicators.. This is the single best indicator I ever tested on demo! "Methodtraders" can probably make you this EA for under $100..

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Quoting tdhowl

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I tested it on the minute 5, and I found it not to repaint , however, if there is a color change on the current line that is generating the signal, then i would suggest closing the open position in that direction, and possibly take a new position in the new direction indicated for that same line. So, If the signal line is red, and your short, and that same red line starts to turn blue, then i would close the short, and possibly open a long position. Further testing is needed though.. I am going to continue demo testing with this indicator next week....

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Quoting tdhowl

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Hi, I'll check it again next week and I'll let you know. Last week I did not see it repaint. At the first indication of the next trend color, I will add a line on the screen of the mt4 platform at the point of indication, and this way I can see if the line forming is moving away from the price.

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Quoting tdhowl

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Hi, I rechecked the indicator again, and I found it to repaint. The signal line forming started to appear, and then it disappeared when the market changed. This indicator may still work well combined with other indicators.. but i dont think it should be used as a stand alone indicator for trading. I'm still looking for a stand alone indicator for trading, but i have not found one yet.

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Quoting tdhowl

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Back in 2011 I commissioned an ea to be made for me using a custom and 100% repainting zigzag indicator. In just over 10 hours this ea completed 5 consecutive trades which were all winners even with repainting. This ea looks unstoppable so far. See attachments. The .02 lot size was the completed trades for this ea on the 2nd screenshoot attachment. {image} {image}

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Quoting tdhowl

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Hi, I found free on the internet on another site the next version of the DT-ZigZag-Laurer EA and i'm attempting to attach to this thread. It occured to me that there may have been a good reason why this EA opens positions well after the trend line signal forms. At this point in the middle of the formed trend signal.. the indicator may not repaint. But, at the beginning of the forming trend signal.. it surely can repaint. This new version of this EA has a risk management feature, and the original one does not. I have not tested it yet on demo, but...

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Quoting garyghouri

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i have found this ea looks great , can any one make this ea to take only one trade stricktly with dt zigzag lauer indicator, not in between like a small reverses, simply long at blue, short at red ,not to open and close in between , since dt zigzag lauer follows the price perfectly at h1 this could be a great ea i am a silent reader of all the great contributers like ronald reygun ,xux99 your kind attention be greatly appreciated . {file} {file}

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