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ZigZag Charm

  • #981
  • Jun 5, 2017 8:33am Jun 5, 2017 8:33am
working on updating the dynamic SR feature which will work like a supertrend indi.
Because of that I trade less and recently just opened and closed one trade, scalped EURUSD pair
Attached Image (click to enlarge)
Click to Enlarge Name: today profit.png Size: 48 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #982
  • Jun 5, 2017 8:35am Jun 5, 2017 8:35am
a glimpse of ZigCharm's own supertrend/dynamic SR feature

Working on progress

Attached Image (click to enlarge)
Click to Enlarge Name: glimpse.png Size: 22 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #983
  • Jun 5, 2017 4:00pm Jun 5, 2017 4:00pm
Quoting yousername
a glimpse of ZigCharm's own supertrend/dynamic SR feature Working on progress {image}
Just trade the pullback you idiot!
  • #984
  • Edited 7:49pm Jun 5, 2017 7:28pm | Edited 7:49pm
Quoting yousername
a glimpse of ZigCharm's own supertrend/dynamic SR feature Working on progress {image}
Here is logic/algorithm of this particular super trend/dynamic SR is

1. Identify the last frame point

2. Retrieve it's MOM value

3. If it's bullish add the frame's+MOM
For bearish case subtract it
Bullish Dynamic SR = last frame's price - MOM
Bearish Dynamic SR = last frame's price + MOM

4. Increase the Bullish dynamic SR every time the current price close is higher than the previous candle's high.
Decrease the bearish dynamic SR every time the current price close is lower than the previous candle's low.
Bullish Dynamic SR = (Current candle close - previous candle close)+dynamic SR
Bearish Dynamic SR = (Previous candle close - current candle close)-dynamic SR

5. When a candle broke particular dynamic SR, repeat #1
This is not investment/trading advise. Will not hold accountable for loss
  • #985
  • Edited 7:26pm Jun 13, 2017 7:13pm | Edited 7:26pm
Hello everyone.

It's been a long time. I just had some family time with my new additional family member, gorgeous baby girl.

Anyhow here is the latest update of ZigCharm.

Update
Attached Image (click to enlarge)
Click to Enlarge Name: zigcharm supertrend.png Size: 40 KB

Supertrend color change method. If you want to disable it, you can set the color to None.
Attached Image


Active S/R or the C.O.G (Center of Gravity)
Attached Image

The more the candle the stronger it is (theoretically). I often set it between 5 to 30 depending on the timeframe.
The shorter the timeframe, the more strength you should input.

I have also attached the template

Let me know if you need anything.
Attached File(s)
File Type: ex4 zigCharm3xdvl_5.ex4   76 KB | 443 downloads
File Type: tpl active_sr.tpl   591 KB | 326 downloads
This is not investment/trading advise. Will not hold accountable for loss
  • #986
  • Jun 13, 2017 7:30pm Jun 13, 2017 7:30pm
Quoting yousername
Hello everyone. It's been a long time. I just had some family time with my new additional family member, gorgeous baby girl. Anyhow here is the latest update of ZigCharm. Update {image} Supertrend color change method. If you want to disable it, you can set the color to None. {image} Active S/R or the C.O.G (Center of Gravity) {image} The more the candle the stronger it is (theoretically). I often set it between 5 to 30 depending on the timeframe. The shorter the timeframe, the more strength you should input. I have also attached the template Let...
Hey, hey, hey. ..Glad to hear from you again.
Congratulations and thanks for sharing the new features.
  • #987
  • Jun 13, 2017 7:32pm Jun 13, 2017 7:32pm
Quoting kennyxox
{quote} Hey, hey, hey. ..Glad to hear from you again. Congratulations and thanks for sharing the new features.
Thanks man!
I will show you some examples soon.
This is not investment/trading advise. Will not hold accountable for loss
  • #988
  • Jun 13, 2017 7:41pm Jun 13, 2017 7:41pm
EURUSD recent bullish example

First we had a downtrend, it broke X and then follow with ABC pattern.
You should look to place a long position when it broke above 2(B) and broke the 3(C) supertrend
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 29 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #989
  • Jun 13, 2017 7:44pm Jun 13, 2017 7:44pm
Quoting yousername
EURUSD recent bullish example First we had a downtrend, it broke X and then follow with ABC pattern. You should look to place a long position when it broke above 2(B) and broke the 3(C) supertrend {image}
Correction

EURUSD recent bullish example

First we had a downtrend, it broke X and then follow with ABC pattern.
You should look to place a long position when it broke above 2(B) and broke the 3(C) supertrend
This is not investment/trading advise. Will not hold accountable for loss
  • #990
  • Jun 13, 2017 7:49pm Jun 13, 2017 7:49pm
We had 1,2,3,4,5 bullish Elliot wave.
Follow with consolidation at after the break of 5th leg supertrend.
Short when the price broke the 5th leg supertrend and went into the 3rd leg supertrend territory.
Make sure the supertrend color is bearish before placing the short position drawn in circles

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 25 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #991
  • Edited 8:10pm Jun 13, 2017 7:52pm | Edited 8:10pm
Quoting yousername
We had 1,2,3,4,5 bullish Elliot wave. Follow with consolidation at after the break of 5th leg supertrend. Short when the price broke the 5th leg supertrend and went into the 3rd leg supertrend territory. Make sure the supertrend color is bearish before placing the short position drawn in circles {image}
btw that rectangle, wave count and circle objects is drawn manually (not drawn by the indi) but the other lines are drawn by the system
This is not investment/trading advise. Will not hold accountable for loss
  • #992
  • Jun 13, 2017 8:11pm Jun 13, 2017 8:11pm
Quoting yousername
Hello everyone. It's been a long time. I just had some family time with my new additional family member, gorgeous baby girl. Anyhow here is the latest update of ZigCharm. Update {image} Supertrend color change method. If you want to disable it, you can set the color to None. {image} Active S/R or the C.O.G (Center of Gravity) {image} The more the candle the stronger it is (theoretically). I often set it between 5 to 30 depending on the timeframe. The shorter the timeframe, the more strength you should input. I have also attached the template Let...
Please explore this indi's new feature and share something your experience/findings here. I appreciate it.
This is not investment/trading advise. Will not hold accountable for loss
  • #993
  • Jun 13, 2017 8:31pm Jun 13, 2017 8:31pm
GBPUSD Daily, I think it's self explanatory.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 27 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #994
  • Jun 13, 2017 9:22pm Jun 13, 2017 9:22pm
audusd

The Eye acted as the daily S/R.
Continue long after the price broke the bearish supertrend (black arrow) and born the new bullish supertrend.


Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 21 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #995
  • Jun 13, 2017 9:24pm Jun 13, 2017 9:24pm
Quoting yousername
audusd The Eye acted as the daily S/R. Continue long after the price broke the bearish supertrend (black arrow) and born the new bullish supertrend. {image}
FYI, the daily strength S/R is set to 5
This is not investment/trading advise. Will not hold accountable for loss
  • #996
  • Jun 14, 2017 2:51am Jun 14, 2017 2:51am
EURUSD 15Min

We're still inside the uptrend channel and the market is looking for buyer (demand or support area).
That rectangle area looks like a good demand area for EURUSD.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 27 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #997
  • Jun 14, 2017 5:37am Jun 14, 2017 5:37am
Quoting yousername
EURUSD 15Min We're still inside the uptrend channel and the market is looking for buyer (demand or support area). That rectangle area looks like a good demand area for EURUSD. {image}
long EURUSD

Not luck, but I own this world including every pennies you have in your nano/micro/pico account

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 41 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #998
  • Jun 14, 2017 5:48am Jun 14, 2017 5:48am
Quoting yousername
{quote} long EURUSD Not luck, but I own this world including every pennies you have in your nano/micro/pico account {image}
so sad, i see so many people shorting in the EURUSD thread LMFAO. You just got Pawned by who? MEEEEEEEEEEEEEEEEEEE
This is not investment/trading advise. Will not hold accountable for loss
  • #999
  • Jun 14, 2017 5:51am Jun 14, 2017 5:51am
Quoting yousername
{quote} so sad, i see so many people shorting in the EURUSD thread LMFAO. You just got Pawned by who? MEEEEEEEEEEEEEEEEEEE
Feels good to be back in the game after having a wonderful time with my new born trader
This is not investment/trading advise. Will not hold accountable for loss
  • #1,000
  • Jun 14, 2017 6:21am Jun 14, 2017 6:21am
Quoting yousername
audusd The Eye acted as the daily S/R. Continue long after the price broke the bearish supertrend (black arrow) and born the new bullish supertrend. {image}
Kudos to those who long this pair

God bless
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 17 KB
This is not investment/trading advise. Will not hold accountable for loss
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