156# Zig Zag Hist system
Zig Zag trading price action
Submit by Lukas 30/09/2015
Zig Zag Hist system is a strategy based on the zig zag indicator. This strategy is for is good for trading also with binary options high/low.
Time Frame 1min or higher.
Financial Markets: any.
Binary Options High/low expiry time 1-2 candles.
Metatrader Indicators:
Moving average 2 period close (optional).
Moving average 3 period close (optional),
Moving average 200 period close, (only for 1 min time frame, optional),
Zig Zag hist (12, 5, 3),
Sixty second trades.
Trading rules for 60 second time frame.
Trades only in the direction of the 200 EMA (optional).
Buy
Line red dotted
Sixty second trades green dot.
Sell
Line blue dotted
Sixty second trades red dot.
For re-entry you can also use the cross of the EMA's fast.
Re-entry expiry time 1-2 candles.
Buy green dot+cross.
Sell red dot + cross.
Intraday Trading 5min, 15 min, 30min.
The same rules with 55 EMA
Buy
Price above 55 EMA
Line red dotted
Sixty second trades green dot.
Sell
Price Below 55 EMA
Line blue dotted
Sixty second trades red dot.
Exit with predetermined profit target or at opposite arrow.
In the pictures Zig Zag Hist system in action.
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