Profitable Zigzag | Forex Indicator Download - MT4/MT5 Resources

Hi

While trying to mechanize trend trading, I keep coming back to the ZZ indicator.

One thing you have to note, the word "egg and suck" comes to mind here, but don't forget that the current waving zz can change, but in the past zz waves were locked in place and that's what we used.

I watched it in my favorite time frame of 5 minutes.. not too slow to make you bored and not too fast to make you manic

This type of system may have been posted here before, but I can't find anything under search.

I rushed out after 10 minutes but wanted to get something down on paper just to lock it in here and remind me to post something about it.

There were only 7 signals in 5 minutes for EURUSD last week

+1+30+44-14+4+40+71

initial

Set the ZZ on your 5 minute chart to 13-5-5, we use it for entry trend magic - we use it for sliding stops
There is a vertical line at 8am UK time and another vertical line at 8pm UK time ... We do not trade during the Asian session.

Use this link to view Forex opening times.. Just enter your location and click "Start".. The chart above will update to the correct times

http://www.forexmarkethours.com/

Will return in 3 hours to show entrance station etc.

Again, don't think of this as flawless, but think of it as one to put in your arsenal

i personally like it

Paulus