Advanced strategy #10 (Trend Line Trading Strategy)
Submitted by Edward Revy on October 4, 2008 - 08:30.
A truly great work has been done by Myronn, the author of the current Trend Line Trading Strategy.
Support-resistance trading, trend line trading, checking higher time frames, money management — the strategy has a concrete-like theory base and a simple implementation — a winning combination, that places it into the category of advanced strategies.
Remember, your feedback, comments and suggestions are always in great demand!
Edward Revy
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I Edward, i hope you are doing well.
I have a nice example trade for the Website on the Advanced # 10 Strategy.
see chart attached.
Please take a look at it and let me know what you think.
Using the 9 SMA as confirmation worked out very well.
Best regards
Jacinto.
Thank you, Jacinto
Taking 9 MA into account everything went according to the plan.
There was one nasty retracement afterward though, which you successfully survived because your initial stop was placed correctly.
Well done and inline with the rules!
Best regards,
Edward
Hey Myronn,
your system look good but i can't add your email yahoo say your email not valid
Hi all!
We started to test this system on demo account in tradestation. I found a ZigZag script in old (TS2000i) format, made some changes, now it's works in TS8. The eld file contains 3indicators, functions etc., so you can use "ZigZag trend" indicator, in the inputs you can change the "retrace", I think 0.3 is the best choice, equal to MT4 indicator.
Hope this helps.
gskinner
Here is the ELD file:
ZIG_ZAG_2009-08-22-10-26-12-771_1.ELD
gskinner
Thank you, gskinner
your contribution is greatly appreciated!
Best regards,
Edward
tanks for all
zezo
Myron,I love you.