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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.
Last edited by newdigital; 10-04-2005 at 07:23 AM.
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).
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.
Last edited by newdigital; 11-16-2005 at 10:23 AM.
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!
Last edited by newdigital; 11-16-2005 at 06:31 PM.
HI, HV A LOOK ON THE ATTACHED INDICATOR AND TELL ME YOUR OPINION.TKS
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.
Linear Mode
