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ZigZag System

This strategy uses fractals, zigzag, and moving average crossovers to identify trading opportunities with a 95% success rate. Potential trade signals occur where the zigzag line intersects a fractal, indicating whether to enter a buy or sell position. Stop losses should be placed 2 pips above the candle where the fractal formed. Best results are seen on 30 minute and 1 hour timeframes, with potential profits of 15-20 pips on 30 minutes and 30-45 pips on 1 hour. Moving averages help identify convergence points to maximize profits. The strategy works across all timeframes but should not be used around major news events.

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mz8893
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326 views1 page

ZigZag System

This strategy uses fractals, zigzag, and moving average crossovers to identify trading opportunities with a 95% success rate. Potential trade signals occur where the zigzag line intersects a fractal, indicating whether to enter a buy or sell position. Stop losses should be placed 2 pips above the candle where the fractal formed. Best results are seen on 30 minute and 1 hour timeframes, with potential profits of 15-20 pips on 30 minutes and 30-45 pips on 1 hour. Moving averages help identify convergence points to maximize profits. The strategy works across all timeframes but should not be used around major news events.

Uploaded by

mz8893
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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hi guys

Today I'll share my strategy which give 95% positive results , one should consider the daily support and resistance areas before placing trades so as to avoid purchasing tops and selling
bottoms , one should be on the safe side and go with the trend but this works in both directions . The indicators used in this strategy are
1- Fractals
2- zigzag
3- MA crossover(3,9)
how to trade : One should should look at a point where zigzag line joins fractal and deal should be placed opposite to the direction in which fractal has been formed , there will be many
fractals but one should consider a fractal which is joined by zigzag line . In the chart the blue circle indicates the point where zigzag line joins fractal , a sell deal should be placed at the open
price of next candle on which the fractal has been formed .
stop loss : stop loss should be placed 2 pips above the high price of the candle on which fractal has been formed
Time frame : this strategy works in every time frame but i got the best results using 30 mins and 1 hour time frame , those who are comfortable using multiple time frame analysis should use
this in multiple time frame for maximum gain .
TP : the minimum profits which can be obtained are
1- 15 min(8-10)
2- 30 mins(15-20)
3- 1 hour(30-45)
this strategy works in all time frames but it gives better results in higher time frame although I haven't used it in 4 hrs and daily chart
now I'll tell you about the use of MA in this strategy with the help of fractal and zigzag one can know about the convergence point of MA as you can see near the blue circle the 3 day SMA
starts moving down those using MA crossover can use fractal and zigzag to maximize their profits .
Note : This strategy should not be used at the time of high-impact and medium-impact economic data release and central bank conference
Traders should first practice trading with this strategy in demo account before trading into live account and should place trades based on this strategy only if they are comfortable using this
strategy.

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