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its good to be seen, as it really beats the alternative !
mp
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Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! |
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ZigZag Alert formula
Hi everyone, seems to be a very nice thread, makes me sorry to join it so late. I'm currently only on page 15 of this thread, still a long way to go. But here's a question straight away, as I prefer to understand what is actually going on:
What is the formula for ZigZag Pointer Alert? Or at least could anyone give a general description of the way its decision-making works? I can't figure it out from mq4 code because I'm illiterate programming-wise... Understanding this will help consider if any proper supporting indicators (filters) can logically be added to the system - and spoil it's simplicity . Always want to overcomplicate matters and riun the great idea dished out to you.....![]() Thanks, BigBear 3391 for sharing this great system. |
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Hey All,
Update for today is as follows. Several false signals on the 30min chart followed by a solid down signal. ![]() No matching signals on the 1hr chart. ![]() No matching signals on the 4hr. ![]() No trade so far. See you 2marrow. Bear- ![]() |
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Quote:
My second trade using the system, +85 pips so far IN A DAY! Absolutely awesome. Both trades could be better with a stochastic-type filter though, or simply a confirming bullish(bearish)/two-three neutral candles. If signal is given right before news, better wait for the news. These are simple rules I learnt so far, but Rule #1 is: The system is absolutely awesome! Could anyone explain pls, what's the math behind ZigZag Pointer Alert? Last edited by SVGuss; 05-28-2008 at 08:03 PM. |
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what arent u banned yet?!!! you've been ripping people off all over the place. check this site everyone. His been banned from there.
T2W Day Trading & Forex Forums |
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Quote:
Glad you are having success. I only trade GBP/JPY. I had no trade 2day. They did not all match up perfectly. See Below. 30min ![]() 1hr ![]() 4hr ![]() Close but no cigar. See you 2marrow. Bear- ![]() |
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LinkBack to this Thread: http://www.forex-tsd.com/suggestions-trading-systems/8728-follow-bouncing-pip.html
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