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ZigZag strategy

ZigZag robot is working with classic ZigZag indicator. The strategy is pretty simple but working profitable and stable without martingale,grid or hedge,also there are no big stops. Stop loss always is tiny and take profit always is bigger than stop loss. It best works on EURUSD 1H and 4H time frames , of course you can test it on other pairs and time frames.

Real account monitoring: https://www.mql5.com/en/signals/137471


Parameters

  • magic number - unique number for each chart

Buy block

  • volume size - fixed lot (if you use a fixed lot, then "volume block percent" should be 0)
  • volume block percent - money management by risk % (if you use money management, then "volume size " should be 0.0)
  • stop loss - pips in stop loss
  • take profit - pips in take profit
  • slippage - permissible slippage for opening an order

Sell block

  • volume size - fixed lot (if you use a fixed lot, then "volume block percent" should be 0)
  • volume block percent - money management by risk % (if you use money management, then "volume size" should be 0.0)
  • stop loss - pips in stop loss
  • take profit - pips in take profit
  • slippage - permissible slippage for opening an order

Close time

  • start hour - e.g., 20:00. It depends on your broker. Set time before your broker stops working on Friday evening. The robot closes pending orders and starts next week from zero
  • end hour - e.g., 20:01

Trailing stop

  • stop pips - trailing stop in pips
  • step pips - one trailing step
  • start pips - pips offset from the open price
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