there are systems that work but its up to the trader to identify the weakness of the system. No system will guarantee 100% success rate. Take a look at Market Profile for profitable edge
There is no "system"
- Thread starter Direlect
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Yes, conventionally. It was why I asked indirectly: "laggy" zig zag for knowing the sentiment of fast fractal? And I got a reply.
An OHLC bar can be formed in 1, 2 or 3 legs (12 combination?). Leg 2 is the middle leg of a 3-leg bar. It tells the sentiment timely. I am sure you can reason out leg 2 of 1-leg and 2-leg bars.
Hope above of some help.
Not sure what you mean by "a leg of a bar",but:
"To create a zig-zag chart, just connect extreme bar values;I use volume signals to substitute for the zig-zag.I also use re entry..."
From what i gather from the Jack`s chart,he uses sort of a Acceleration Volume,Deceleration Volume formula,which is clear seen from the drawn vertical Cyan lines(3 of them,at least).And he`s probably ignoring what`s in the middle,hence - "I also use re entry..." expression.
"To create a zig-zag chart, just connect extreme bar values;I use volume signals to substitute for the zig-zag.I also use re entry..."
From what i gather from the Jack`s chart,he uses sort of a Acceleration Volume,Deceleration Volume formula,which is clear seen from the drawn vertical Cyan lines(3 of them,at least).And he`s probably ignoring what`s in the middle,hence - "I also use re entry..." expression.
The first chart represents the Volume lock-ins.It`s where the ZZ usually "scrolling".
No,i`m not.I got it automated long ago.
Gonna polish up my knowledge of markets till my beard turns grey
And in the upshot will find out that its rigged by high rollers and what we are doing is just catching a wave 
Those who use bars-by bar analysis and decision making, observe the parts of bars. Abar may have three distinct parts. the second part is the dominant part of the bar. Both the first and third parts are non dominant.
I call these parts legs and I number them in the order of their appearance.
Often some legs are omitted.
MADA is a routine I use. By having a leading indicator of price, it means that a person can take the full offer of the market.
I the lagging indicator, price, I Monitor the legs. Price also "gives permission" to measure the independent variable. leg 2 is where, during the formation of the bar, permission is granted as price comes out of the shadow of the prior bar.
The system of operation of the markets is a COMPLETE system. All of the parts work in a "relative" manner. The market is literally "read". Learning English is much more difficult than the language of the market.
"Run, Dick, Run" may be in your library. You could show this work to a child and over a few days, she would be able to learn English.
Today, you have found out that 81 five minute bars show up to 243 price movements in a RTH's. the zig zag sum of these bars allows you to double capital in one to three days. Show a child a 5 min bar chart and ask her to connect bar extremes in a zig- zag manner. She will know what to do from the sound of zig and zag. With a string, sum the zigs and zags. Measure the sum in points. In three days or less, she will have a string more than 20 points long.
Zigs and zags can be several bars long. just group bars with the same dominant leg 2. To make this easy, color up leg 2's as black and color down leg 2's as red. children can do all of this quite easily.
Predicting is not a necessary part of trading. Those who think it is are just mentally deprived for their reasons.
A zig zag chart just shows groups of bars with the same dominant leg 2's: black , red, black, red, ad nauseum.
This is just a collection of profit segments that takes the full offer of the market.
Draw the zigs and zags ahead of the bar's formation.
Better still use signals from the independent variable (volume) which leads price, thee dependent variable.