No worries anything to save us some £’s in this climate 
Blizard if the fibs are too difficult to code in what about adding pivots or the SAR’s (as you mentioned above) as alternatives or additional items to the EA ?
Cheers
Take a look at the first thread it has all the rules, i think some of the confusion is as were talking about trading on oil and trading other items other than forex pairs?
Correct me if im wrong, how can we help, what are you getting stuck on ?
Hi guys! It’s now one year that I am trading forex and am convincing everday the most that there is only one way to win:
Do the exact contrary of what I do!
Today I decided to start trading using the original system and was looking for a 8 pip gain:
Got my balls on the line with these 3 sell lots.
1st sell open on (all M15 EU) break down of red line
2nd sell open on slight retracement back to red line
3rd sell open on full retracement back to 76.4
All live trades with real money! (using prorealtime on IG Index spreadbetting platform)
Hi Sandybeach, thank you very much for you kindness in reply me.
I have looked at the first post but the rules have changed a lot…for example I think you are not trading anymore on 1 min chart, isn’t it?
Furthermore I have downloaded the two attachment and I really don’t iunderstand the meaning of all the arrows for the ZCOM Fx trend indicator…I just understand the meaning of the upper right arrow (that should mean the main trend for the day, isn’t it?).
In the interest of transparency and the good spirit of this particular thread I have attached my IG trading chart below. This shows my 3 open live sell positions. This isn’t exactly scalping but it is still the 3ZZ break line method of Blizards that I use on a higher time frame of M15. IG Index does not have good zig zag indicators that I can find.
The trend line above is basically my SL based on ZZ3 dot connections (taken from MT4). Scary SL numbers but this is forex, not for the faint hearted…
yes, why not?, but i still need a pair of weeks to finish and stabilize the system… im adding new things and changing the rules every single day. There is an interesting tool we could use to see how the trades and profits are going; thats called zulutrade, if you are trading with one of their allowed brokers, you can open an account as a signal provider so we could be able to follow you with a demo account. It is free.
i have lost this trade too, -50 pips :(.i get 67 from the last 3 trades in the chart, but today im still in red. i think i wont trade again when the line between the blue dots and the other one between the reds are going far away one from the other, forming this <.
trading the > formation seems to be more profitable.
the fibo expansion is working perfectly this past 2 days. I encourage you to try it, just put it on the most important low, hight, low and watch at 161,8 lvl.
Nice, when we stop thinking about money it comes flowing i hope 
No problem, were here help and hey the way i see things were all here to share, teach and help each other to improve. Plus i have had lots of help on babypips so only fair to share the love 
With regards to the 1min chart, correct i only trade the 5min, the main reason is as the 1min chart changes so quickly there are alot of fakeouts and you have to be super quick! Im not saying its impossible to trade, but you have to be fast, good and have a super tight spread from a broker. It might be something i experiment in the future once i am a competant and good trader, but just too many fakeouts.
From my experience and from everyone’s trading experience here, use the 5min chart as the lowest chart to trade on, anything on and above 5min chart and your good to go.
Im sure most of everyone here is on the 5min, 15min and 1 hour charts unless i missed someone (sorry if i did).
With the Zcomfx indicator it should just give you one arrow when you place it onto any chart. It should be one of the following:
But don’t forget any major movement can throw things off. For example i noticed than with the anouncement at the weekend of Spain asking for anything upto 100 billion euro’s for its banks, this indicator was pointing the wrong way for most of monday. But to be fair this is the first time i have seen this happen in about 3 months.
So just remember nothing is perfect and with everything going on as it is, just be wary. For me i don’t plan to live trade until this news with Greece is done one way or another on the 17th.
With this indicator if the price is not sloping in the direction of the arrow on a few charts check out the news.
On monday about 20 out of 24 of my pairs were all off due to the Spanish news for this indicator.
Im just proving the point nothing is 100%, just have a play with it and be careful, remember this indicator is only to give you the direction of the daily trend, don’t open your trades soley based upon it.
If i was well on monday i would of realised this much sooner and stopped trading, so now i have an additional check. If this indicator is not showing what the chart is showing then i will trade without it.
Awesome, how did i just see this now ?!?!?!?!?! lol
Also got to say loving this thread guys, thanks for everyone who has contributed. Is it wrong for me to like the idea of making a profit on oil when prices keep going up lol ?
Wow what a day on EU, whippy whipsaw as everyone tries to work out if the Spanish bailout thing is good enough. Where will the market go? Made some small profit this morning (thank God) and am still in my trades but the system appears to have gone out the window in this ranging mad day. Technically there is no break up yet according to ZZ3 M15. All my other indis are going wild though!
Luck now I guess…
On my MT4 I have one big arrow on the upper right corner (which is well described by you) then there several other arrows in the chart some of them are blue with a circle around it.
Regarding last Monday the reason for tha anomaly is that there was a big gap between Friday close and Monday opening…so it should have been used only good sense and after 8 hours of prices going down it was for sure a downtrend!
I just closed my 76.4 retracement trade out for 25 pips profit. Thought that was wise this particular day. Last two trades still going but I note that on M30 there is a blue line potential break up only 25 pips away. I have modified my SL to account for this and maybe get ready to take some buy trades…
waiting for a reverse or breakout on eurusd, now it is in a interesting zone.
Can you show how you are charting this so I can learn what you are looking at?
Right now I’m on EURUSD M5 and current dot is near previous support. I see a downside breakout creating the new dot. Should it continue this bearish direction?
Thanks!
As I type lot 2 TP’d out at 30 pips and last lot is going for -61.8 on fib based on high of the day so far 40 pips in profit…
I will post chart later if all goes well and any one interested. So far today banked 82.2 pips from multiple lots with one trade still left open.
had to be patient for these trade eh madmkiv! but with the rules in place you get rewarded!
Year i doubt the news with Spain and with Greece event coming up is going to make things any easier for trading over the next few weeks…
The other arrows if i remember correctly relate to movements, but i generally ignore those as they are not useful to me and i dont use those little arrows for Blizard’s strategy
That makes more sense, thanks for that your helping a newbie learn Funny, first time it has ever displayed odd results.
there was a nice breakout,
green lines=fiboexpansion 161,8 lvls from the past wave of hights and lows
yellow lines =important resistance lvls from last dots/strong fractals (remember that im not trading strictly the same system, but it gives similar entries)
i lost this one, cause i was trading this other:
ita40, +105pips, i close it 40 pips above the 161,8 lvl, but i couldnt wait for more, 105 pips in 20 min… covered all morning losses.
Excellent stuff! Well done
Could you plz attach the green line fibo indicator that you are using?
Thanks paw3000 I happened to catch the downside breakout on the EURUSD but I am having a hard time sticking to the rules and wanted to get back into another trade. Wiped out my pips. Discipline is tough. I have got to learn it though and soon!
I noticed the horizontal lines on your EUR chart. Were those trending lines or horizontal lines on previous support. Still trying to learn where to put more “weight” in analyzing S/L.
search it in your mt4, insert- fibonacci- fibonacci expansion, edit it, and let only the 161,8 lvl
i use this indicator to show the important sup/res lvls
Arrows.zip (2.68 KB)
there was a bearish breakout at oil… i hope this will go down again. I would have to go out with +15pips…
argh ****ing job, i have to let this trade riding alone…
I wish you good luck and happy trading
I’m loving the EA with the horizontal lines. Can we have it coded so that the arrows are optional. They’re killing me. :32:
