As regards channel I was just watching DAX on M5 and price had dropped 40 points before the channel printed.

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My two pennyworth is pretty good overall. Going back to something Ronin mentioned earlier, you will likely have more issues with a setting of 12 than you will with say 32 or 64 which I like. However, it may well be that this is not a one size fits ...

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and that's exactly where Market Structure comes into play.

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As regards your last paragraph, of course one can't ignore things like the fractal nature of the market, and specially Market Structure (HH HL LH LL)

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It's possible they were green at the time

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I can't fault that assuming all the other rules were in place.

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Don't be too hard on yourself - no such thing as a non repainting/recalculating ZigZag

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Well your goodself, Ronin and some others maybe have an advantage over me cos I don't have an mql4 file to look inside but given we know it's based on ZigZag I'm not sure why it should be such a surprise. Either that or I'm missing something obvious. ...

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At the end of the day, it's all about risk cos that's the only thing you have control over.

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She who must be obeyed.

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You gotta luv these colour coordinated templates

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I'm sure I remember seeing a post from Ronin where he said he was an M1 junkie and at a quick glance looks like M1 works.

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True but unfortunately it's fear and greed that help to move markets.

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[quote=Ronin-;14609736] That Agimat is the same as an indicator called Beast Super signal - not sure who copied who. Basically zigzag with a few other parameters built in.

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[quote=Ronin-;14609736] Makes sense. I tend to use 32 or 64 but everyone will have their own view.

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[quote=Ronin-;14609705] And depending on your setting for the S&R Indicator the stop loss can be quite reasonable

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[quote=cpfleger;14609202]xinitial, Do not think, just follow those lovely dotted lines... cpfleger[/quote Yes one might argue you don't need much more than that

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Brixen that Bellingham goal was special last night.

DAX Futures December 2023