Originally Posted by droesparky

been playing with 5 minute chart this morning.
zigzag and Z-Z1 with RSI 2

notice what happen when zigzag line appears and RSI tops or bottoms out.

the zigzag line will extend but once the RSI maxs out its time to enter.

Now this was on a newsless day so when a trend is running not sure what would happen. But this might give you something to do on slow days.

wish I had put some real money in this experiment. it didnt loose all morning.

I will admit it wasnt very relaxing though. I like the 4 hr the best.

Originally Posted by nix

I've just read your "bouncing Pip" thread and I'm interested in developing an EA for this system. Generally I have bad experience with repainting indicators, but since you have tested this system manually for some time, I'm willing to give it a shot. I will post the EA as soon as I'm finished.

If you have any pointers for me please post them here.

Originally Posted by dswk

@ Nix : thank if you could manage to make an EA.

@ droesparky : on M5, (i will continue to manually forwardtest), but following Z-Z1+RSI with small lots and others indics for bigger lots = Many, many pips....

Use SL+MM :-)

Great job on his thread!

Originally Posted by schoe

Hi Dswk, Please could you give more details about how you use the RSI and other indicators

Many thanks

Originally Posted by SIMBA

Hi,

Walter,you should do the following:

1-Open strategy tester,and select a pair(ie GBPJPY) and timeframe(H4)

2-Select a very simple,included in the platform EA,like MA sample or MACD sample..this is just to allow for the chart running,do not care about the EA results..

3-Click visual tester,low and to to the left in the strategy tester,and select a normal(25 to 28) speed with the speed selector bar located just near the "visual tester"

4-Click play button,like in a dvd..then once you start seeing the chart moving..click pause button..DO NOT CLICK STOP

5-With the navigator,open _00_ZZ_Window,check the settings,and attach to chart

6-Click play button again ,wait until the moving chart starts painting rightly the indicator(it needs some initial history),15 to 30 seconds,then just relax and observe..you can alter the speed to what is more comfortable to you..Then you can do it "as it happens" or once finished,check both all the repaints and all the good signals and decide if you need or not to modify your strategy..you can do this to check "simulated live" the behaviour of your favourite indicators or strategies and it is an excellent learning tool

Originally Posted by hexadecimal

Hi there again, I just wanted to say i`m big fan of zig zag indicators, and the thread is just about that. The attached file is the best zig zag indicator i`ve bumped on, I`ve ran some back tests and the indicator doesn't repaint the past as the other zig zag indicators do, i even use the indicator on my chart since 2 months ago. So Simba i can see that you know how to run a back tests on indicators, so can you please run some back tests and share your opinion about the indicator i`ve attached.

SETUP
PAIRS: GBP/USD or GBP/JPY
TF: 15 min