Aizig
indicator mq4 is a trend following indicator that generates buy and
sell signals following the trends and it's based also on zig zag.
I show an example how to use Aizig indicator on 5 min chart for scalping and day trading.
Download
Aizig
indicators and template.zip
I show an example how to use Aizig indicator on 5 min chart for scalping and day trading.
The
purpose of this example is to show how to filter Aizig indicator.
Currency
pairs majors as EUR/USD, GBP/USD, EUR/JPY, EUR/AUD, EUR/NZD, GBP/JPY,
AUD/JPY, AUD/NZD.
Trading
Sessions: London and New York.
Metatrader
4 Indicators:
Aizig
arrow;
Confirm
2;
Confirm
3;
Zwinner
trend indicator default setting;
Pivot
Poins Levels;
Info.
Trading
rules Forex Treasure Map
Buy
Aizig
buy arrow
Confirmation
2 blue bar.
Confirmation
3 blue bars.
Zwinner
trend indicator blue bar.
Sell
Aizig
sell arrow.
Confirmation
2 red bar.
Confirmation
3 red bars.
Zwinner
trend red bar.
Exit
options:
Place
initial stop loss on the previous swing high/low.
Profit
target on pivot points levels or ratio stop loss 1:1.18
In
any case the best way to use this indicator is to look for currencies
in a time frame H1 trend.
Copy
mq4 and ex4 files to your Metatrader Directory / experts /
indicators /
Copy
tpl file (Template) to your Metatrader Directory / templates /
Start
or restart your Metatrader Client
Select
Chart and Timeframe where you want to test your forex system
Right
click on your trading chart and hover on “Template”
Move
right to select Aizig.
You
will see Aizig
on
your Chart.
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