Zig instead of Zag - Repainting EA

Hmmmm.....wanted to start a thread to piss all the repaint indicator haters off....lol

Anyways how about any indicator that repanits is a leading indicator? WOW and everyone hates them because they think there suspose to always be right WOW once again....

Anyways was just wondering if anyone has just used the zigzag indicator...and instead of buying when it shows down and it just came from a high....HOW ABOUT sell? Of course you would look at 2 TFs lets say the M15 and H4.....if H4 is in a down trend only look for shorts.... Anyone that has played sports can tell you sometimes you have to Zig when they Zag or you will get caught lol

Just a thought!!

P.S. I love repainting indicators!!! they give you a possible heads up that price might turn and make a run the other way!!


Please Comment on My Thoughts!!

I agree, they can always give you a heads up but defining when the turn is actually going to happen is a whole different ballgame.

Well i wasnt saying just use the zigzag indicator but for people that really want to make money but they think there going to use just lagging,leading or price action there full of it.
To make a complete trading system you have to include some kind of leading(repainting indicator) for the heads up....then price action for possible enter/exit and then you can use a lagging(stoch/rsi/macd) to confirm the trade is valid.
If is funny how this was in the trading system but now its in platform tech....and they added repainting EA to the title no wonder 95% of traders always have loss more then profit when people start a thread it gets moved to places that will never be found

Whats really funny to me is all the price action people or naked chat traderss......if they can do it with DBHLC, DBLHC, Pin bars etc..... why not add a leading indiactor like zigzag? and confirm with the price action? would make sense to me

Which Zig Zag are you refering to ? Thats lotta breed of it . Better still ... show us which on you are on with .

view my thread under trading systems "Price Action with Indicators-Freebie system"

Ok thanks GL

May I add my two cents about zigzag repainting? I want to develop my strategy which use repainting of zigzag. Statistically zigzag repaints in almost more than 60-70%. So, why dont we use this fact? I mean, we put pending order on the peak of zigzag leg (maybe + 1-2 pips). Statistically zjgzag`s leg can break out
that level (not always but statistically often). I mean we trade in the direction of zigzag`s leg. I just want to find out TP and SL values. Any thoughts about this strategy?

Please look at the thread i started called Freebie BOLOSO ....it is want you are talking about in a nut shell.

Well, what TF is better for that zigzag strategy? Can I trade on 5M TF?

My custom repainting zigzag ea can trade on my live account all day long and twice on Sunday too!! see attachments.