Hi Apprentice & Team,
Price to have a retracing move creating new zigzag x=% amount required on last printed zigzag
Price to create a double top/bottom for
Reversals (trigger candle must close within last printed zigzag) with outside bar to close biased of MA (linear weighted ma) & VPC biased to trade direction
Trend continuation just need outside bar close biased MA & VPC biased to trade direction
Price to close biased MA (below for short and above for long)
Volume Price change to be biased trade direction (below the signal line for short and above signal for long)
Exit indicator use Volume Price change (To have end of turn option)
Short trade will close when the volume price change crosses above signal line
Long trade will close when the volume price change crosses below signal line
Stop Loss x=amount of pips above previous printed zigzag high for short and x=amount of pips below previous printed zigzag low for long
Double tops use previous high on bid price and price needs to close below on ask price
Double bottoms use previous low on ask price needs to close above on bid price
In screenshot if price failed to break & close previous zigzag structure and conditions with outside bar and VPC biased to direction then reversal alert to be given for sell
Hope this helps
Thanks in advance
Susan