FX Zigzag
Forex Tips VIP

Very useful message....Thank you! I knew I'd seen the video on the UTP showing how to do this but just couldn't remember where....

Hi Zigzag, we are all in ths together
Ths is simple and it makes a great difference to your confidence in entering a trade.
Put two rsi stochs on your chart.
If you are using a 60 min chart or whatever charts you use alter the time frame to
eg on a 15 min, you can make it 15,60 and 240.
click edit on the rsi indicator and in the top box change the o to an N and adjust the colour to your liking.
Click exit and two stochs will appear on your chart
One for the15 min which is the O at the top of the box and the other for the 60 min which is the N meaning near.
Sell or buy when they both align at the top or bottom ,having found your C ,A or D extension.
You will see the 15 wave as the 60 goes mostly in a straight line,good for scalping on the 15 min chart
You can also add a third say the 240 which will be H.
When the two align think about entering the market
Use in a trending market only along with your fibs or candle formations,trend breaks etc
good trading
Regards Ron

Hi Zigzag, we are all in ths together
Ths is simple and it makes a great difference to your confidence in entering a trade.
Put two rsi stochs on your chart.
If you are using a 60 min chart or whatever charts you use alter the time frame to
eg on a 15 min, you can make it 15,60 and 240.
click edit on the rsi indicator and in the top box change the o to an N and adjust the colour to your liking.
Click exit and two stochs will appear on your chart
One for the15 min which is the O at the top of the box and the other for the 60 min which is the N meaning near.
Sell or buy when they both align at the top or bottom ,having found your C ,A or D extension.
You will see the 15 wave as the 60 goes mostly in a straight line,good for scalping on the 15 min chart
You can also add a third say the 240 which will be H.
When they two align think about entering the market
Use in a trending market only along with your fibs or candle formations,trend breaks etc
good trading
Regards Ron