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Originally Posted by jdun
I am using MACD, ZigZag, SilverTrend, TrainManager, NRTR WATR indicators with it. I only lost one trade since I use this new strategy and it was today. Float and ZigZag miscalculated when the trend would end and I shorted heavily on GBPUSD. Still I netted around 30 pips today even with the lost of 37 pips. I would have made almost 70 pips today if it weren’t for the GBPUSD.
Recalculation of the float and ZigZag is a minor problem but today it became a major one because it keep recalculating in an upward trend. Every time I though that GBPUSD was over bought it keep going up.
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I would like to get some directions towards the "correct interpretation" of the FLOAT_indicator. I use it on the hourly chart for direction only, but any other suggestions will be welcomed. Thanks for assisting. Best wishes for successful trades.
