Definitely build an EA, but with a stop loss ( see first page where stop loss should be. Above X mark on 1hr). This works, but not in a strong trending market. there s a possibility to make very much money with this, because it works amazing in a ranging market.
Suggestion My Holy Grail After 4 years of trading
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boxose7086
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From what the original author had in the first page to the last page here now a trader can get really confused at first the author had a simple explained strategy with pictures to follow and trading rules and by the end of the thread even the original author started adding more complicated indicators and a dozen other filters as he named them making the original trading rules harder and confusing i do not know should we just stick to original post from page 1 and its trading rules and disregard the other confusing additions that remained for this strategy hopefully i get an answer from someone profitably using this system
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Hi... i think your trading in a vacuum add Support and Resistance to see key price levels - price could have been rejected and you wouldn't know why.
Ricky201517
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YESSSS...correct man!
Why make more money when you already making tonnes???!
my honest review this EA is off no use, Original post's EA is gold, just need a way to trigger alerts, has anyone figured out how to recieve the cross as an alert?
deisra deansun
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This is my review for this thread:
amazing
amazing
How do you use it ? what is your results using this? Are you also using another system in conjunction with this system?
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Thanks mohdridzuan to sharing with us your system and your results. The system is good, the strategy is a little risky because it is based on zigzag. In general, when H1 shows the "X", you will have the same "X" also in M15 NECESSARILY. This because any HH or LL in H1 is the same in any other LTF. The unique filter with a zigzag system is to wait! There's no other indicator which can properly filter a zigzag.
In my opinion you can try like this (I take as example a BUY):
1. H1 showing "X" (in the blue zone is much better)
2. M15 necessarily showing "X" too (inside blue zone)
3. Don't buy this first "X", just wait!
4. M15 showing counter trend "X", meaning sell signal. Of course don't get it because H1 is on buy mode
5. M15 showing another "X" buy signal (which is the second one): HERE YOU BUY!
With this strategy you can avoid bigger DD and the "X" signal in H1 will be more reliable.
Instead, if you buy at the first "X" in M15, you are just buying the signal in H1, which is risky and completely wrong
In my opinion you can try like this (I take as example a BUY):
1. H1 showing "X" (in the blue zone is much better)
2. M15 necessarily showing "X" too (inside blue zone)
3. Don't buy this first "X", just wait!
4. M15 showing counter trend "X", meaning sell signal. Of course don't get it because H1 is on buy mode
5. M15 showing another "X" buy signal (which is the second one): HERE YOU BUY!
With this strategy you can avoid bigger DD and the "X" signal in H1 will be more reliable.
Instead, if you buy at the first "X" in M15, you are just buying the signal in H1, which is risky and completely wrong
Ion Matache
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Doesn't work. Says "Account expired!" and prompts you to visit author's website. Stop posting crap that doesn't work!
From what i have understand, the Stop Loss should be placed in the final price of the marked zones right?
In this case, the X appeared in the end of the blue zone, so how to set SL in this situation?
Btw a few moments earlier when i placed the buy entry 1.00 that you can see in the chart.. the blue X and the end of the blue marked zone was very close to that entry... as price continued to fall, the blue X kept rapainting down... and even the blue marked zone moved down!
I just noticed, that yes... the zones rapainted!
So i thought in cases like this... how about to a Bollinger Bands? When the price re enters one of the Bands zones, then it's safe to say, that a trend reversal is happening, and best moment to enter a position.
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Aris sugiono
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Where do you place the TP after entry?
This is my review for this thread:
The marked blue and red zones moves away as price moves too, and the arrows repaints or recalculate.. whatever... (at least the arrow don't simply vanish).
Since the thread claims to be "Holy Grail", giving the impression of being the Grandchampion of all forex strategies ever, i felt more confident and made a trade with larger lot size.
The strategy is based on price reversal... well.. that didn't happened on the signal..
The price continued the trend and that treacherous arrow kept repainting...and i got a big Game Over.
Lost 200 usd.
This strategy may work, in some cases, but overall.. it's just not good
The marked blue and red zones moves away as price moves too, and the arrows repaints or recalculate.. whatever... (at least the arrow don't simply vanish).
Since the thread claims to be "Holy Grail", giving the impression of being the Grandchampion of all forex strategies ever, i felt more confident and made a trade with larger lot size.
The strategy is based on price reversal... well.. that didn't happened on the signal..
The price continued the trend and that treacherous arrow kept repainting...and i got a big Game Over.
Lost 200 usd.
This strategy may work, in some cases, but overall.. it's just not good
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sorinchartsarchitects
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Dear mohdridzuan, I may have found the filter you were looking for. Get in touch here with me and we can discuss upon this.
I am getting it tested for the following months to see how stable it is, and once its confirmed, I will begin trading on live account.
This is current entry from my side, in demo account
Once white arrow appear on both H1 and M15 along to your X sing, its a signal to get ready for the trade.
We should wait for one candle after H1 arrow shows up, to be sure it sticks there. Maybe even enter at the second candle to give it room. I entered quicker, I am following to see if stochastic goes to the bottom area on H1, or it will turn around at the middle level, the 50 level.
If you are still here on this thread, don't hesitate to share your thoughts and get in contact.
All the best to you and your family !
I am getting it tested for the following months to see how stable it is, and once its confirmed, I will begin trading on live account.
This is current entry from my side, in demo account
Once white arrow appear on both H1 and M15 along to your X sing, its a signal to get ready for the trade.
We should wait for one candle after H1 arrow shows up, to be sure it sticks there. Maybe even enter at the second candle to give it room. I entered quicker, I am following to see if stochastic goes to the bottom area on H1, or it will turn around at the middle level, the 50 level.
If you are still here on this thread, don't hesitate to share your thoughts and get in contact.
All the best to you and your family !
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Nguyen Huy Hoang
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anyone still using this method?
we can create group in telegram and call when signal avaiable
we can create group in telegram and call when signal avaiable