I have some funny idea.
Do you know that many forex teams from many countries tried to develop the zigzag system? Yes, it is the true.
But everybody knows that indicator (zigzag) can not be usable for the forex at all. So, What did they develop in this case?

Next week we will start to develope our very strategical system.
Zigzag system.

Sounds great! I think that's a good idea.

Ok.
Once upon a time some people developed the zigzag system.
5 years ago. At least.

We want to start now.
I will post all the history of the process, all the indicators and EAs which were created before us in others.

I will post all the history of the process here. Because if we want to develop our own strategy we need to know what other people did. But they did a lot.

Several years ago some people tried to develop the EA based on zigzag.
They estimated the standard zigzag indicator and decided that they can not use it. Because zigzag is moving on the chart with big delay almost on the historical data. They estimated this delay in min and created great indicator ZigZagReal.mql, where:
- blue line is standard zigzag line;
- white line is the zigzag real indicator's line moving in the real time (time berween blue and real white line is the delay, it means stardard zigzag was showing the min or max some time ago - delay).

Attach this indicator to the chart and you will see the image (attached).

See the indicators in download area http://www.forex-tsd.com/showpost.ph...23&postcount=1

Attached Images

zigzag_real.jpg (125.5 KB, 2606 views)

It was ok but some people wanted to trade manually using this zigzag system. And they created next step of indicators http://www.forex-tsd.com/showpost.ph...24&postcount=2

Attached Images

zigzag_pointer.jpg (92.7 KB, 2354 views)

After that they developed several EAs using fractals, patterns etc. Many EAs each of them was very great and different trading system.

They wanted to create one EA only. They created many EAs:
Zigzag Trading System Development
Look at:
http://zzz.fromru.com/250125chf.html
http://zzz.fromru.com/250126jpy.html

HI, HV A LOOK ON THE ATTACHED INDICATOR AND TELL ME YOUR OPINION.TKS

Attached Files

RPoint.mq4 (2.8 KB, 389 views)

Well.

Once upon a time, 5 years ago, Nemo-X from Latvia said to Eugene5 and Tartan from Russia: let's develop the very simple zigzag EA. They answered: ok it is just a few days.

It was 5 years ago. They finished now only.

Please find the final EAs here :
BronzeWarrior
SilverWarrior and
GoldWarrior

They developed the PlatinumWarrior as well but did not publish it.

I wanted to post all the history of the development here. But somebody posted BronzeWarrior to the yahoo group without any explanation and I decided to make it shorter.

I want to say only that the people worked very hard developing the zigzag sistems during the almost the 5 years. They are famous now.

.................................................. ......
One person said: look at this - one line is crossing an other line. What is your opinion? May you develop very simple EA for me?

An other person said: ok, it is just a few days, very simple. It's nothing: very easy
.................................................. ......

And they were developing it during the 5 years!

I think it is good High-Low zigzag. Look at the pictures: it is your reversal points zigzag together with SHI_Channel1, HL_Activator_NEXT and HiLo_Activator.

But i am not using this system. I was trading manually using some other zigzag system. I still hope that we are able to create EA based on my system.

That is why I posted about zigzag here.

Attached Images

	prpoint.gif (19.6 KB, 2372 views)
	prpoint1.gif (22.5 KB, 1861 views)