The Z Transform system

hi thefox91

what a refreshing idea.

is there indicator to draw Z line? or need manually draw?

No indicator for now, manually drawing it's simple

Good day Ahmed,

I tried your strategy in the 4hr chart..it worked perfectly well.Traders in FF are afraid of hard work..they prefer anything indicator.i saw a break of the line and stepped down to !hr chart for entry.

Thanks once a again for your system
rgds

Hello thefox91!
Where do you put your SL? You didn't mention it in the manual.

Hi Ahmed,

Thanks for putting your time into this system; I have a few questions for you.

1/ you mentioned 1:2 Risk Reward in the book - do you just set Target first (high/low of Time Zone 1) and then just take half that value as your SL?
2/ when the price breaks the extension levels - what Stop Loss would you use here? since you are closing the trade at the end of the week
3/ you mention trailing stop loss - what value or formula would you determine a value to use for this?

hi thefox91
it is the correct drawing ? and how to trade using Z-transform ?

Great Work Ahmed.

I will give it a try, and may be work out some sort of automation for easier back-testing.

@thefox91

Few Questions to fully understand the method (Chart Attached):

1. In this chart the bottom extension is inside the reliable zone:
   
   
   

    

   1. So in such cases do we consider the pattern INVALID, or Trade the UP move Only ?

2. The upper edge of Reliable zone was broken down:
   
   
   

    

   1. Is this also Invalid break as it broke down the upper edge NOT the Lower Edge, or it doesn't matter which edge is broken and we only trade in the direction of the break

3. Also Profit Target for the Up Move will be invalid

Thanks in advance

@thefox91

Is it correct that :

1. If the Z pattern is pointing UP : Its better to look for a Short Entry at the Reliable Zone, Or Long Entry at the Extension,
2. While if the pattern is pointing DOWN : its better to look for a Long Entry at the Reliable Zone, Or Short Entry at the Extension

Very interesting, continue. Hugs and success!

did anyone test this system?

I've tested the system....awesome....

To perform good MM....I use Fib Retracement ratio....

SL = 1.618
Entry = 100
TP 1 = 61.8
TP 2 = 50
TP 3 = 38.6

That's it.....and I suggest to read "Super Sharp Pitcfork" also...cause the crossing to median line is useful...

The Z transform better use with H1 (day trade) & H4 (position trade)....

thankx for sharing this cool Idea

should I go short the gbp/usd 1H chart here....with your rules ?

Price is under the Zone3 low but not the reliable zone

LOL thought this was a new thread 2014

looking to go long gbpusd....staring at 2am est

EdIT trade was a loser S*it

Wouldn't that be long ?

yes thanx--changed my post