Hey walterw,

The only time in my experience that it has moved is when th eprice moves againts it. Otherwise it stays put. The ZIGZAG line will move but after the fact so its nothing to worry about.

Hope that helps.

Bear-

Hey jtre,

Great Job!

I am happy to see people making pips. I am noticing people using a lot of different pairs? I guess Im a stickler for YEN pairs because they move so much but maybe I should try to diversifiy.

Keep It Up,

Bear-

Hey tomstaufer,

The short answer is yes.

If you really want to get into it it woul ddepend on if it was counter trend or just a retrace etc....

So the ultimate decision is yours but I, ME, BEAR would get in again. Trading it for the last year had shown me that USUALLY it will move on the 2nd time based on the YEN pairs.

Hope that helps,

Bear-

thanks bigbear!

Hey walterw,

If price moves above/below the arrow it will disappear. It will be a stoploss.

Hope that helps.

Bear-

I placed a trade this morning on the eur/yen

in at 163.91(sell) out at 162.77 +114 pips.

not a bad day!

7 trades this week ALL POSITIVE!! for a total of +388 pips

Hey walterw,

The arrows will, from what I have seen, disappear if the arrow is broken by price BEFORE a new signal appears.

Once a candle is established then a new one appears, the old one will not vanish.

Also in the pic you have there that arrow is warped. When ever you place the POINTER on a new chart & if you change timeframes lower that 1 hour you will c warped settings.

Hope that helps.

Bear-

Hey walterw,

I am sure about what I say. I have used it for over 1 year & my dealings with it are correct. Also as I said abouve anything less than 1 hour & more than daily tends to warp results. It does not calculate correctly. But all future arrows are true according to my history on the YEN based pairs.

Use it for a few days on a 1 hr or higher chart & place a check or some icon next to the arrows. Test it out for yourself and if you have anymore questions please feel free to ask.

I would be interested in hearing what Dr. Richard Gains has to say. I tried to contact him but got no reply.

I have no problems answering questions. Dont hesitate to ask.

Hope This Helps,

Bear-

yes I noticed that big bear... have you done some statistics so far of how many hits / scrachs you got so far with this method ?... so far what I like is that you can have a very tight stop right below your entry pivot and go for nice decent moves having a very respectfull RRR.... the ideal here would be to have some coder here adding some alert to the arrows... and also wouyld be neet if we could have the arrows that "disapear" stay ploted on diferent color, so we can know where we had signals... nice job bear, keep it up ¡¡

cheers Walter.


Would we have a coder here helping us on doing this modifications to this arrow indicator ?

Hey fx_geezer,

I cant take all the credit. My partner & friend Forex11 helped me develop, test & use this method well over a year ago.

We have been toying with the NLZZ for even longer than that.

As far as quiting your job, I know how you feel. I was able to quit my job last year JUNE. I was making the same amount as I was working but with way less effort.

If you are serious about quitting one day shoot me a PM & we can talk about a smooth transition.

Good luck

Bear-