You use normal ZigZag for this strategy or kind of special ZigZag like ATR ZigZag?
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Disliked{quote} See Post 17 about the ZigZag, we are testing a switch to another ZigZag indicator as the Swing ZZ code is not working under all circumstances.Ignored
Disliked{quote} Thank you for your help. Do you think its better to use a ZigZag with Min. leg height adjustable from indicator settings? like if we set on 350 points, it will just draw legs/swings bigger than 350 points height.Ignored
Disliked{quote} ok, the market decides where the ZZ's print, removing ZZ's is not handy because you also want to see if the market goes into a small range (when the ZZ's have a shorter distance to each other. You can set the ZZ-3 to ZZ-4 if you want, but you would get less ZZ's. So we dont use the ZZ for distance measure, before we open a trade we measure the distance to the upper support line for a short. Depending on the timeframe, it should have a minimum distance.Ignored
Disliked{quote} Bubalus, didn’t I read somewhere that the psar switch needed to happen within 3 bars after the yellow dot?Ignored
DislikedI just join Discord, and there is a section in which the trading signal is issued by the bot. ============ PSAR is at TOP D1Candle(1) direction is SHORT M5 Candle(1) direction is SHORT ZZ13(M5) at Top. 70 bars ago. ZZ-Value=0.84841 Price:0.84823 ZZ3(M5) at Top. 2 bars ago. ZZ-Value=0.84815 Price:0.84794 Optional Checks: OSMA D1 is below OSMA (0)M5 is above M5 SupDem check: price is in right corner from 0.84825 to 0.84793 Broker time: 04:50:08 UTC Time: 15.10.2021 01:50:12 ============ Below is the image showing in D1 in my terminal. I think it is...Ignored
Disliked{quote} In the right top of the chart you see S1 (yesterday candle 1) and S0 (todays daily candle color), the spotter uses 1 till approx 8 am london and then switches to 0 You want to temove the osma indicator and place it back again to clear all these springing colors from the osma oscillatorIgnored
Disliked{quote} Thanks Babalus for the answer. Can you kindly elaborate what is the usage and the meaning of the Right Top Indicator on our chart as you mention? I really no idea what is it all about and what is it for. Thanks you.Ignored
Disliked{quote} above the row you see the timeframes, so if on s1 row on tf D1 the color is red, yesterdays daily candle was a shortIgnored
Disliked{quote} If it is yesterday color red, which means it short. May I know how to use this indicator with this strategy? Do you mean that yesterday D1 must same as today D1 which is RED, then only can go for "Short"?Ignored
Disliked{quote} Simple Follow the Rules : From page 1 4. Timeframes: H4 and M30 Direction: Trade in the direction of todays D1 candle.Ignored
Disliked{quote} Sorry for the dumb question, regarding the rules No 4. 1. Timeframe, do it means by scanning valid entry Signal on H4, then switch to M30 to enter trade on good position? 2. About "Trade in the direction of today D1 candle", what do it actually means? Do it means by waiting today candle to form bullish, then only can go Buy? Or waiting today candle to form bearish then only permit to go Sell? Regards.Ignored
Disliked{quote} Timeframe, do it means by scanning valid entry Signal on H4, then switch to M30 to enter trade on good position? No drop to M15 or lower. Do it means by waiting today candle to form bullish, then only can go Buy? Yes Or waiting today candle to form bearish then only permit to go Sell? YesIgnored