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Thread: Simple ZigZag EA

  1. #11
    Junior Member
    Join Date
    Dec 2009
    Posts
    5

    Default Beneficial Additions to Zig Zag

    Hi Funyoo,

    I have been analyzing the use of the Zig Zag indicator and have found a strategy that shows to be very consistent and profitable in manual analysis. It uses the following strategy:

    - Use last low and high zig/zag as support and resistance indicators. If price goes above last high, buy, if it goes below last low, then sell.

    -Set dynamic stoploss using Average True Range indicator, also available with MT4. Make it possible to use a % of the ATR for a defined number of trailing days.

    In the manual analysis a 15 minute chart was with various % of ATR(21) worked well.

    If this is something you would consider I think it would be a good addition to Zig Zag. Thank you for your consideration.

  2. #12
    Junior Member
    Join Date
    Oct 2013
    Location
    danang
    Posts
    1

    Default

    How do I download this EA?

  3. #13
    Junior Member
    Join Date
    Nov 2008
    Posts
    1

    Default

    Funyoo, Could you please add a Stochastic filter to this EA? I have been running this EA in demo and observing the standard Stochastic indy in MT4 and seems a better filter.

  4. #14
    Junior Member
    Join Date
    Feb 2015
    Posts
    1

    Default

    could u give me setting for 5 decimal broker?

    Let say i have equity USD100, then i want to open usd0.01 per/lots, tp 100pips, sl, 200 pips..

    please

    TQ

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