How to use “HA ZigZag Pointer MT4 Indicator & Trading System” – This high accuracy trading system eliminates random price fluctuations and attempts to show trend changes.
The ZigZag Pinter signals only appear when there is a price movement between a swing high and a swing low that is greater than a specified percentage; often 5%.
By filtering minor price movements, the trading system makes trends easier to spot in all time frames.
- Time Frames: M15 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Heiken Ashi
- ZigZag Pinter
- BBands Stop
- MACD Colored
- Stochastic Filter MTF
- Williams’ Percent Range
BUY Rules
- Heiken Ashi: Blue candle
- ZigZag Pinter: Blue arrow (a BUY signal)
- BBands Stop: Blue line
- MACD Colored: Blue histogram and above level 0 line
- Stochastic Filter MTF: Blue histogram
- Williams’ Percent Range: Upward and above level 55 line
SELL Rules
- Heiken Ashi: Red candle
- ZigZag Pinter: Red arrow (a SELL signal)
- BBands Stop: Red line
- MACD Colored: Red histogram and below level 0 line
- Stochastic Filter MTF: Red histogram
- Williams’ Percent Range: Downward and below level 45 line
Trading NOTES
- The trading system is lagging
- You can use ZigZag Pinter as Stop Loss area