Zigzag Pro EA
- Experts
- Version: 1.6
- Activations: 5
EA only runs with XAUUSD, Not XAUUSD – EA will run but no trades.
EA is built based on 3 indicators: Zigzag + RSI + Candlesticks with the following buying and selling rules 1. Buying principle:
Zigzag pulls the bottom + RSI below the threshold + Closing price of the candle is greater than the opening price
2. Selling principle:
Zigzag pulls the top + RSI above the threshold + Closing price of the candle is less than the opening price
3. Profit-taking principle:
Take profit when Zigzag pulls the top with a buy order and pulls the bottom with a sell order --> can maximize the profit as much as possible
4. Stop-loss principle:
Cut loss when the price goes against the trend, with a buy order, cut loss when the price is greater than or equal to the old peak, with a sell order, cut loss when the price is less than or equal to the old bottom
* you can customize the Zigzag + RSI parameters for yourself

