ZZ = ZigZag. Strategy uses the ZigZag indicator. From the top points of the ZigZag indicator lime lines are drawn. From the lower points of the ZigZag indicator red lines are drawn.
Strategy
market-stop-orders are necessary. Or it is very desirable.
If the price became higher than the lime line - to open a long position.
If the price became lower than the red line - to open a short position.
It is a reverse system.
For:
- crypto
- any timeframe