The bottom-catching trading system with ZigZag indicator earns 100 pips a week on Forex Factory
This is a system that uses pure indicators with the owner ZigZag to give trading signals. This system has earned 100 stable pip Every week for the author for more than 1 year, now shared again for you
All TOPIC Indicators ARE GLASS AT THE LAST ARTICLE
The system is translated by the author for easy tracking
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Hello friends. I want to share with you a great strategy that I’ve been using for over 1 year now, it’s earned me over 100 pip profit per week. And I have been quite successful with this system, and as long as you follow ALL the principles of the system there will be similar success.
This system is based on trend reversals to make a profit. It loves you need to be patient and calm because the setup doesn’t have much, but once there is a setup it will be profitable most of the time. There are 4 main indicators used in this system.
We will deal mainstream on H4, and frames H1 and D1 will be used for add-ons.
It is very important that you ensure all the indicators give confirmation signals to the command, otherwise your success rate will drop to very low.
The usual SL will be placed below the nearest swing low (with the BUY command) and above the nearest High swing (with the SELL command), and sometimes I will set based on the levels. pivot. I am also very interested in price action. TP can be 1 fixed level (50-100 pip) or use Fibonacci regression, %ADR or when the system gives 1 reverse reversal signal to get the highest profit level. You can also use 1 level of stop sonling after having earned a certain profit to store profit, or relocate SL to capital. All decisions after the position is entered will be made by me by observing price action and market behavior, and I will exit as soon as possible when the trend is changing and a new reversal model is taking shape.
Principle on the BUY command:
- The green ZigZag arrow appears
- Turbo JSRX indicator is in the oversold area (below 30%) and is growing
- Prices will touch or lie in pivot regions (0-25 pips away) including S61, S78, S100
- When the candle bar is closed above ema 10 from the bottom AND the indicator keeps the buy signal, I BUY
Principle on SELL command:
- The red ZigZag arrow appears
- Turbo JSRX indicator is in the overbought area (over 70%) and is decreasing
- Prices will touch or lie in pivot regions (0-25 pips) including R61, R78, R100
- When the candle bar is closed under ema 10 from the top down AND the indicator retains the selling signal, we SELL
For example:
Buy
For example:
Sell
For example:
Wait for the candle to close the bottom door ema is sell
Link Download Indicator: Drive
