1 minutes incredible scalper system - page 3
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I mean, I really like the looks of this setup. but can you have confidence if the arrow is a signal and it keeps going on/off and even moving?
I believe...
The zig zag is a guide on entry... not the reason you enter.
Lets see a screen shot of the setup with this trade Stifland, so we all
can comment and see if we can illuminate. I also believe I can
contribute a note or two to help assure the better setups.
But please post this trade so we can see!
Thanks!
Brian
I mean, I really like the looks of this setup. but can you have confidence if the arrow is a signal and it keeps going on/off and even moving?
The ZigAndZag arrows?
Yes of course, the zigandzag arrow repaint. I agree that. We know that it's not time to entry new position but only tell us it's time to reversal.
For example, if the green arrow occur we don't entry buy position. We only take ready to buy, waiting the PA cross up above MA 34 and the up green bar and the down green bar of the iGentorLSMA is inline vertical. Please see the screenshot above.
So, repaint or not is not important. It's only to remind us that the trend could be moving reversal.
Thanks friend.
The ZigAndZag arrows?
Yes, it's the zigandzag's arrow. It's another version of zig zag.
Hi Wu
Really nice simple setup Wu.. I like it. I have a system I put together
I love myself that I would like to put a couple pieces of that with this
and post an example to see if it helps anyone. I trust you don't mind?
I first want to see the trade Stif is referring to so we all can
check out that example.
thanks!
Brian
Yes, it's the zigandzag's arrow.
The result using Profit System 1.1 scalping trading system
Here is the result.
I apply it for currency pair GBP/USD, EUR/USD and Hongkong stock index futures (Hangseng). The result for 2 days (16/4/2009 - 17/4/2009).
Good!
Good for you! Awesome start... liking this thread
already.
I will post a screen shot shortly myself.
Brian
Thanks wulancantiq for your explanations!
Do you not use the other indicators:
(NRTR_Rosh, KijunTenkan and the GMMAs)?
Thanks for your respond, increase.
The rules are here :
1. To take SHORT position :
- Red arrow of the zigandzag indicator occur on top
- PA (Price Action) must be below MA 34
- Short trend (up bar) and Long trend (down bar) of iGentorLSMAmust be red colour and in one line vertical
2. To take BUY position :
- Green arrow of the zigandzag indicator occur on bottom
- PA (Price Action) must be above MA 34
- Short trend (up bar) and Long trend (down bar) of iGentorLSMAmust be green colour and in one line vertical
3. MA 100 just for make sure that the trend is fix
4. To exit position according to your target point or wait until appear :
- Green arrow of zigandzag if you enter SHORT/SELL
- Red arrow of zigandzag if you enter BUY/LONG
5. You can place stop loss about max 30 point from your open position.Here is the screen shot.
Please repost working version of indicators. Thanks
I can't remember now guys where it was, I didn't mark it. But I understand the explanation. I am going to try trading this with some minis and will post where I think the good entries are as I understand the system. Maybe if others do it will help. Looking forward to it!