karl_gt wrote:hi azim had a look at that one before and it is very good indeed i use it. it is simply put basic trend line system and looking for the trend line to continue or break i find that the 4h and daily trend line are very strong and it they break usually it may mean at least a couple of days down if daily trend is very strong on upside. but either way you can probably see at least a 300 pip move depending on currency and how long u hold it. i use it in combinations with using macd on multi-timeframe it generally give you a good idea on where market may go by looking for divergence etc if you know how to uses it properly. With this i can usually tell if there is going to be a break out of one of these line or not.
Hello again karl_gt
ohh i see, so how it is?is it working well?and do u still using that system?I'm really curious about that strategy as it can easily pick up the top and the bottom if we draw the trendline correctly with the trend.
By the way, the strategy that i just posted, i think that has a great potential.it uses zigzag and parabolic SAR to enter the trade and in addition, you can enter the trade once again if the price break the resistance of the zigzag as shown above in the picture.