ZigZag Charm

Quoting yousername

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USDJPY Weekly analysis. Looking from above We had a strong upward move drawn in blue channel. Now we are in a correction phase of that upward move. It began with Frame B (colored in red) broke Frame A's lower FibEx (colored in pale green). Until Frame C, we had a lower volume (colored in pale red) in bear in relation to Frame B's volume. That equals to bullish divergence. So the Bull did took control and able to broke Frame C's upper FibEx. Now we are in a bullish correction "Frame E". It has a higher volume of bear compare to Frame C's bearish...

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Quoting kprsa

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Cindy, one could potentially benefit from an anchored Donchian with a 38.2 and 61.8% autoplotted to follow with the pyramid. Since I had a similar indicator coded, I could quickly modify it for this strategy. One uses it in the following way: Plot a vertical line on the bar of your initial entry. Double-click the vertical line to select it, then Right-click on it and select "Vertical line properties" Rename it to V1 Drag and drop the cindy_donch indicator. The DodgerBlue and Tomato colored lines will be the running Add Position/Trailing SL lines....

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Quoting yousername

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USDJPY H1 This is interesting. Contraction in MOM. Decrease in volume. A breakout to either side about to blow sometime today {image}

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Quoting yousername

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EURUSD H1 In case EURUSD fall. That oversold area will become our anchor or S/R. That particular area had a high demand in bear with a small momentum which equals to market saturation or strong support. Just pay attention to that particular area again, after the oversold phase ended it followed with a strong bull. So that mean it's a strong support {image} The anchor is in line with FIB .382 {image}

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Quoting yousername

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EURUSD H1 There's MOM contraction in B's bullish frame. With that it has a higher volume in B's bullish frame in relative to the A's bullish frame. Therefore B's frame is saturated or over bought which equals to Resistance. Going above that it became a Support. {image}

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Quoting Batavier

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THE EYE worked again. Very powerful on range bar charts. This bears some intensive study!!! {image}

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Quoting Batavier

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THE EYE worked again. Very powerful on range bar charts. This bears some intensive study!!! {image}

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Quoting yousername

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{quote} Please kindly show us how you can have that chart? Idk how... Thanks!

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Quoting Batavier

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{quote} Hi username you need an indicator that produces range bar charts offline. There are some already posted on FF. You'll find one on my journal as well. These days I use a commercially available one from (ovo.com.cz ) I am not affiliated or trying to market their product. I've found it to be very stable on MT4. You can select the bar size of your choice and their product allows you to change bar size on your charts. Very useful if you want to check the trend on a higher bar size. On a side note - Please be careful not to use the Lords name...

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Quoting Batavier

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THE EYE worked again. Very powerful on range bar charts. This bears some intensive study!!! {image}

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Quoting yousername

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{quote} {quote} EURUSD H1 Volume B>A Momentum B<A, contraction That mean frame B is overbought. Market is too saturated with the bull in relation to Frame A's volume and contraction. Furthermore there's a higher demand in the bear, "X". Therefore the risk buying EURUSD is getting higher. In addition to that the MAthMuray shown "Ultimate Resistance - Extremely OverBought". This tells that the analysis above is in the same page as MathMuray indi. {image}

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