Kreslik.com - traders community since 2006

Sorry to hear about your cat, Lem.
Hope the remaining weeks in the year treat you well.

I find price often bounces off the base of the Momo though, particularly ‘clean’ ones like that (big red one)

Hi Mr.D,
JTLYK, I’m no pro....but I would put the Zline at the green candle....

Sorry, I think my wording was confusing....
Also, I don’t have ES on my MT4, so had to use a doodling app, but the yellow line up top is where I would put the Zline

“Do you mind sharing your criteria for drawing Z-line(s)?”


I usually put the line on the last candle of the previous move..... sometimes at the body, sometimes at the wick.

Here is a simple chart.... sorry best I could do with mobile MT4. Long arrow shows original move..... small arrow shows Momo and red line is Zline, but as others have said where the Zline goes is a little subjective.

Mr.D, Zlines are used differently by different traders here on the forum. Zlines are formed when price moves and creates held profit and if price returns to the origin of that move, we can say that the held profit has been zeroed out. I use the Zline as a target, so I trade the retrace back to the o...

Sorry, thought I had added a link....
http://www.alertfx.com/

Have you tried these guys?
I used to use them for indicator alerts not perfect but not bad, have never tried the price alerts.

Thank you Michal!
Really missed the site while it was down, so glad it’s back up.