Roulette Zig Zag Method

  
  1. Roulette Zig Zag Method Definition
  2. Roulette Zig Zag Method Template
  3. Roulette Zig Zag Method For Beginners
  4. Roulette Zig Zag Method Tutorial

The ZigZag forex trading strategy is a scalper’s delight, as it offers a whole new dimension towards making profits on price moves. A fine bled of the ZigZag.ex4 and Zigzagarrows.ex4 trading indicators is all that is required to kick start this awesome strategy.

Chart Setup

MetaTrader4 Indicators: ZigZag .ex4(default setting), Zigzagarrows.ex4 (default setting)

Roulette

Preferred Time Frame(s): 1-Minute, 5-Minutes

Recommended Trading Sessions: Any

Zig Zag indicator buy signal. Zig Zag should identify a new high. The Zig Zag crosses the moving average from bottom to top, while the market entry is not immediately after the intersection, but at the opening of the next candle. Zig Zag indicator buy signal Zig Zag indicator sell signal. A new low is formed. The Zig-Zag Roulette Strategy. Hello everyone, This week, I'd like to present you with an effective Roulette strategy, with which you can grind quite a few units of profit averaging about 1 unit every 5 spins. Clare Hoops, who previously decorated Christmas trees professionally, shared her zig-zag method on TikTok. Speaking in the clip, she explains: “If you’re coiling your Christmas tree lights.

Currency Pairs: any pair except exotics

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Trading Example (Click the picture for full size view)

Fig. 1.0

Strategy

Long Entry Rules

Place a buy entry when the following conditions or rules are in place:

Roulette Zig Zag Method
  1. If the blue upward facing arrow forms below price bars, it denotes a bullish signal. For the signal to be valid, the blue upward pointing arrow must be connected to another prior oppositely pointed red arrow via the Zigzagarrows.ex4 custom indicator.

On Fig. 1.0, buy alerts by blue upwards pointing arrows that formed on the chart were ignored, since they were not linked by the zigzag custom indicator.

Zag
  1. If the red line of the zigzag custom indicator that connects opposite pointing arrows sees a bullish candle close above its line, a buy is advised.

Stop Loss for Long Entry: Place stop loss ~ 5 – 15 pips below entry price.

Exit Strategy/Take Profit for Long Entry

Exit or take profit on position(s) if the following rules are observed:

  1. If the down pointing red arrow of the Zigzagarrows.ex4 custom indicator that is linked via the line of the zigzag custom indicator forms above price bars, it is an indication to exit or take profit.
  2. If price closes below the line of the zigzag custom indicator prior to “Rule 1” above, an exit or take profit is most suited.

Sell Entry Rules

Roulette zig zag method template

Initiate a sell position if the following chart or indicator patter(s) are on display:

  1. If the red downward facing arrow of the zigzagarrows.ex4 custom indicator forms above price bars, it signals a bearish trend. For the trend to be valid, the red downward pointing arrow must be connected to another preceding oppositely pointed blue arrow via the red line of the Zigzag custom indicator.
  2. Following “rule 1” if along the developing line of the ZigZag.ex4 custom indicator, price pushes below it, then we can say that price is being pressured lower, hence a bearish trend.

Stop Loss for Sell Entry: Place stop loss ~ 5 – 15 pips above entry price.

Exit Strategy/Take Profit for Sell Entry

Exit or take profit on position(s) if the following conditions are place:

Method

Roulette Zig Zag Method Definition

  1. If the upward pointing blue arrow of the Zigzagarrows.ex4 custom indicator that is linked via the line of the zigzag custom indicator to the preceding signal forming arrow (red arrow) forms below price bars, it is an indication to exit or take profit.
  2. If price closes above the line of the zigzag custom indicator after fulfilling “Rule 1” above, an exit or take profit is most suited.

Fig. 1.1

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About The Trading Indicators

The ZigZag.ex4 custom indicator is designed to track and link extreme points on the activity chart, offering traders one of the easiest ways to plot trend lines.

Roulette Zig Zag Method Template

The ZigZagarrows.ex4 custom indicator is very similar to the ZigZag indicator, howbeit the former replaces the plotted line with arrows, thereby offering a better visual representation of its signals.

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If you are looking for a guaranteed way of winning when you play slots then you are in the right place. The good news is that we are not going to charge you for this information but the bad news is that there is no system, strategy or scheme that will guarantee you will win every time you play slots. This is a fact based on how slot machines really work.

While there is no guaranteed system this has not stopped unscrupulous people trying to make money by selling systems to uninformed players. Most of these systems fit into one of two categories.

  • Systems based on locating 'hot' machine or what you see on the reels
  • Systems based on how you bet


The first category of systems tries to make you believe that you can walk into any casino and locate the slots that are about to pay out. This is either based on the machines locations or based on the symbols that are on the reels.

Roulette Zig Zag Method For Beginners

While there may be some advantage playing only the machines with the highest payout percentages even this does not guarantee that you will win in the short term. The placement of slots in a casino changes regularly and without seeing the audit sections of the machines there is no way of knowing what a specific games payout percentage is or finding the slots with the highest RTP.

Systems based on what you see on the reels such as the Zig Zag System are also useless. All you are seeing on the reels are the results of the last spin. If you know how slot machines work then you will also know that the results of the last spin have no relation to the next spin. Each spin is totally independent so picking games based on what is on the reels is no guarantee of winning.

The second type of slot systems focuses on how you bet rather than anything else. Again if you know how slots work you will also be aware of the fact that the amount you bet has no effect on what happens on the reels in terms of what symbols appear. Some systems suggest cycling between one, two and three coins. This won't do anything in terms of helping you win and can be disastrous if you are playing a progressive slot where maximum bet is required for the jackpot.

Roulette Zig Zag Method Tutorial

Other systems involve changing your bet levels based on losing and winning spins. The most common system of this type is the Martingale system where you increase your bets as you are losing in the hope of winning the loss back. This type of system is more commonly used on 50/50 bets such as red or black on a roulette game but are sometimes suggested for slots. The problem with this type of system is that if you have multiple losses in a row you will hit the top bet limit and even if you win you are only winning your losses back which is not really a win.

If you were looking for a winning slot system we hope that this article has given you enough information to know that there is no such thing. Instead of wasting your money buying systems why not put a few dollars in one of the big progressives or enter a slot tournament where at least you have a chance at getting some return from your investment!