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My 6E trading strategy

  #861 (permalink)

Como Italy
Trading Experience: Intermediate
Platform: Ninjatrader, customized
Favorite Futures: ES
Posts: 526 since Feb 2010
Thanks: 471 given, 636 received

monpere View Post
How about alerting when price goes higher then the last swing high, or lower then the last swing low, since that is the only time you are interested in looking at the 1508. I think that is one of the rules right? No reason to be alerted for lower highs or a higher lows, if my understanding is correct.

Yes, I thought of that, but I prefer keeping a closer eye on the action, since there are other ways to trade.

Also, it's a bit more complicated because it would require tracking the swings (the PriceActionSwing indicator does that, but ZigZag doesn't).