ZUP - Arrangements for the derivation of the potential reversal zones (target zones, and labels)

Source Forex | FAQ for ZUP


In the article "ZUP - Description of the output price tag when working with Andrews Pitchfork" are examples of conclusion:
1) marks the intersection of the line (SSL) basic fork with external forks - mSelectVariantsPRZ = 1;
2) the zone of intersection of the channel base with a fork outer fork mSelectVariantsPRZ = 5.

Examples of other parameter values ​​mSelectVariantsPRZ can do yourself.

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Just throw a fork at the chart and draw a mark on the forks makes no sense. Need to understand HOW to build a pitchfork, to what point it is necessary to tie a pitchfork, which tags may be relevant in a particular situation.

Roughly the choice of the anchor points of forks can be offered that way.
For those who can do the wave counting. Anchor points are chosen to fork tops of waves.
For all the rest. Must be separated and the trend over flat areas of the market. And build the villas from the beginning of the respective trend (flat).

How to work with pitchforks (and any graphic constructions).
Necessary to build villas on different time frames, and not just on your favorite timeframe.
Stripes instruments fork with higher timeframes give the following:
1) to help determine where we are at the current time;
2) help in time to see an obstacle for the market.
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ZUP - Description of the output price tag when working with the Andrews Pitchfork

Source Forex | FAQ for ZUP


Targets and areas (price tag).

The price tag or price band - it's graphical elements drawn on the basic tools of Andrews' Pitchfork, such as lines SSL; FSL; median, lines, limiting the channel Med - ISL 38.2 and ISL 61.8; 50% of the median; line SLM - signal lines 50% of Median - SLM 38.2 and SLM 61.8; FLS Shiff Lines; LTL; UTL; LWL; UWL, as well as the intersection of some perecheslennyh lines. Also, the price tag can be displayed at the anchor points of Andrews' Pitchfork.

Price tags can help in setting goals.

In fact, the price tag (price band) is a potential reversal zones - PRZ. Practice shows that in areas of potential reversal zones of likely occurrence of a reversal or correction. The probability is large, but not 100%. This should be considered.

In describing the earlier order of the parameters describe the parameters correspond to the order of parameters in ZUP.
In describing the parameters for working with labels such compliance is not obtained. This is the most difficult section.

The names of all the parameters in this group start with the letter m.

The most common options:

mPivotPoints - derived from the price tag of the anchor points of Andrews' Pitchfork
в зависимости от текущего рынка mPivotPointsChangeColor - true - changing the color of Marks PivotPoints depending on the current market
= True - changing the color of labels, depending on the position of the current market price with respect to the label.
If the label above the current price, the color label = mColorUP
If the label below the current price, the color label = mColorDN
When the label is located on the current price, the color label = mColor
= False - does not change the color of Marks PivotPoints
Only labels PivotPoints can fix the color. All other labels change color depending on the position of the market.
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ZUP - Examples of offset price tag

Source Forex | FAQ for ZUP


To accurately derived tags, you need to choose as small as possible timeframe for the withdrawal of basic fork. Let me explain this. By the same extremes can be attached, for example, on a monthly time frame and on the weekly timeframe.
If the binding of basic forks will be made on a monthly timeframe, then the tags can be removed with a large offset from the true position. And if you do it on the weekly timeframe, then the position will be more accurate label. This specific work with MT4.

Let me explain this with an example.
Take the chart GBPUSD. Print out the chart yellow fork by hand. Anchor points forks 1-2-3 aqua color. This will be the outer forks (mTypeExternalAP = 6). From point 2 using ZUP deduce dark blue static pitchfork. This will be a basic fork.

We set the parameters:
mSelectVariantsPRZ = 1 - output tags at the intersection of the line SSL fork base with tools outside of the pitchfork. External Forks by using the mTypeExternalAP = 6, we have chosen any "manual" forks.
mTypeBasiclAP = 0 - basic forks of the fork are static ZUP.
= 1 ) базовых вил будут выводиться метки. mExternalHandAP = 1 - will be displayed on the chart tools external hand fork at the intersection of that line of SSL (mSelectVariantsPRZ = 1) basic fork marks will be displayed.
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ZUP - Description of the parameters used to work with the Andrews Pitchfork

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The indicator was developed in ZUP platform Metatrader 4. In MetaTrader interface for working with primitive parameters of the indicators. MetaTrader 4 by means of a more user-friendly interface is problematic. So we had to use what is available. Opportunities for working with graphics in ZUP laid a lot. Many parameters. The result was a huge list of options. In order to somehow navigate in the list, all parameters are divided into sections. In each section of the specification together a common task that solve the parameters.
To work with Andrews' Pitchfork uses parameters that are in the following sections.

______________0_____________ Parameters for ZigZag

______________4_____________ Parameters for Andrews Pitchfork

______________5_____________ Parameters for micmed Channels

______________15____________ Common Parameters

Below I will consider the options of 0, 4, and 15 sections. Channels micmed-a are a special case of Andrews' Pitchfork. Regardless of ZUP forum member under the nickname balbesik develops its use of Andrews' Pitchfork, which to some extent be regarded as a further development of channels micmed-a, but the development takes place, regardless of micmed-a.

A few words about the parameters.

In the early development of ZUP it was not clear where this will lead. No system has been developed titles parameters. Therefore, some parameter names suggest themselves now that they have changed. Nothing will change. Any change in existing relations causes stress. Change the familiar names and their location must be done with great care. The consequences can be negative.
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ZUP - Description of the main elements of the pitchfork

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In Fig. 1 shows the numbering of the extrema of a zigzag. In the future, when referring to a number of extreme zigzag is assumed numbering as in this example.

Рис. 1 Нумерация экстремумов ЗигЗага

In Fig. 1 The numbering of the extrema ZigZag

Description of the elements of Andrews' Pitchfork.

Every element of Andrews' Pitchfork is considered a separate tool.

In Fig. цвета Аква . Two yellow dotted line shows the Andrews pitchfork, with anchor points 1-2-3 Aqua color. Must comply with the order of the points of attachment. и последней – точка 3 . First comes a point a further time point 2 and last - point 3. You can not have the anchor points in the following order 1 - 3 2. There have been cases of the location of the anchor points of forks in that order. This caused an incorrect construction of some elements of Andrews' Pitchfork.
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