BONZ. Using technical indicators to trade.

[Don_xyZ]

Fractals MTF.png (48.01 KiB) Viewed 2124 times

MTF Fractal_TRO_MODIFIED_VERSION
post147236?sid=36cc58fec7bb886faef3213bed877fee#p147236
The version is very good because it has a line to mark it into the future.

3LZZ Semas.png (55.95 KiB) Viewed 2124 times

3_Level_ZZ_Semafor_TRO_MODIFIED_VERSION
post149203#p149203
The semas are much smoother with no lines.

Gonna play with them. No trading today.

[Goonslinger]

There is really no need to introduce MA and the way to trade it is very simple. We'll see how to push this idea to the max.

Not selling anything. Just trying to share some (possibly) good trading ideas

So, chart

Put 2 layers of MA.
Buy if price goes above upper layer,
Sell if it's below.
If it's in the middle, don't trade. That's the No Zone. Thus the name, Break Or "No!" Zone - BONZ.

Screenshot_20220517-214544.png

I designed an EA using similar idea and it passed FTMO challenge 2x after 8 attempts and modifications. We're talking about 18 months ago give or take.

Can entries be taken at the high of a candle if you think it will break out?

2910-EU-BONZ.png (76.02 KiB) Viewed 2067 times

[Don_xyZ]

There is really no need to introduce MA and the way to trade it is very simple. We'll see how to push this idea to the max.

Not selling anything. Just trying to share some (possibly) good trading ideas

So, chart

Put 2 layers of MA.
Buy if price goes above upper layer,
Sell if it's below.
If it's in the middle, don't trade. That's the No Zone. Thus the name, Break Or "No!" Zone - BONZ.

Screenshot_20220517-214544.png

I designed an EA using similar idea and it passed FTMO challenge 2x after 8 attempts and modifications. We're talking about 18 months ago give or take.

Can entries be taken at the high of a candle if you think it will break out?

2910-EU-BONZ.png

The idea was to use the bands as a filter to avoid getting stuck when the market goes sideways because this is clearly the weakness of moving average. Yes, of course you can. You can also experiment with this stuff and find what work best for you.

[Don_xyZ]

Let's open the Pandora Box!
Fractals with filters. No repaint, no bs.

Wanna make big money?
Easy!
Can you stomach the risk though?

Pandora Box.png (56.51 KiB) Viewed 1948 times

Pandora Box 2.png (67.4 KiB) Viewed 1948 times

Pandora Box 3.png (57.36 KiB) Viewed 1948 times

You can start with the most common tf, the H1 and combine it with D1.
Or you can start with H4 and combine it with the W1.
You can also go solo with only one of them.

Each of the charts above can bring you tons of money. Or maybe you prefer this one?

Pandora Box 4.png (62.13 KiB) Viewed 1948 times

Questions:
0. How to make sense of these arrows? Which one to pick and which one to ignore?
1. How do you do anchor trade on those charts? Is there a way?
2. How to manage the risk? How much to risk?
3. How to make money after you lose money? The best loser win.
4. What's your base time for the anchor?

... and then we have this freak!

[kiwiarian]

Let's open the Pandora Box!
Fractals with filters. No repaint, no bs.

Wanna make big money?
Easy!
Can you stomach the risk though?

Pandora Box.png

Pandora Box 2.png

Pandora Box 3.png
You can start with the most common tf, the H1 and combine it with D1.
Or you can start with H4 and combine it with the W1.
You can also go solo with only one of them.

Each of the charts above can bring you tons of money. Or maybe you prefer this one?
Pandora Box 4.png

Questions:
0. How to make sense of these arrows? Which one to pick and which one to ignore?
1. How do you do anchor trade on those charts? Is there a way?
2. How to manage the risk? How much to risk?
3. How to make money after you lose money? The best loser win.
4. What's your base time for the anchor?

... and then we have this freak!

I will go with the easy part of the answer
A moving average will give you your bias selecting the fractals in the same direction, you could get the average range of the peaks and lows of your session to make that your target and scalp away, depending on the angle of your MA bias you may close 2/3 partial at target and leave a runner, and add again at the next fractal.

Fractal1.png (55.44 KiB) Viewed 1919 times

[Goonslinger]

Let's open the Pandora Box!
Fractals with filters. No repaint, no bs.

Wanna make big money?
Easy!
Can you stomach the risk though?

Pandora Box.png

Pandora Box 2.png

Pandora Box 3.png
You can start with the most common tf, the H1 and combine it with D1.
Or you can start with H4 and combine it with the W1.
You can also go solo with only one of them.

Each of the charts above can bring you tons of money. Or maybe you prefer this one?
Pandora Box 4.png

Questions:
0. How to make sense of these arrows? Which one to pick and which one to ignore?
1. How do you do anchor trade on those charts? Is there a way?
2. How to manage the risk? How much to risk?
3. How to make money after you lose money? The best loser win.
4. What's your base time for the anchor?

... and then we have this freak!

0. Agree with Kiwi to decide on which direction to trade.
1. I would guess you need to decide on your bias and take the anchor trade as close to the daily high/low (depending on your bias)
2. Smallish % (<1%) as it looks like there would be quite a few trades. Another consideration would be your winrate to date although I appreciate you could have a bad day.
3. I think this would boil down to resilience and faith in your own ability.
4. I don't understand this question. Does this mean the TF on which you take the anchor trade?

[kiwiarian]

Another thing to note on my MT4 built in Fractal indicator is that the arrow appears on candle 1 after the fractal is confirmed on close of candle 0. To wait or not to wait for candle 0 to close, that is the question...

[Don_xyZ]

Let's open the Pandora Box!
Fractals with filters. No repaint, no bs.

Wanna make big money?
Easy!
Can you stomach the risk though?

Pandora Box.png

Pandora Box 2.png

Pandora Box 3.png
You can start with the most common tf, the H1 and combine it with D1.
Or you can start with H4 and combine it with the W1.
You can also go solo with only one of them.

Each of the charts above can bring you tons of money. Or maybe you prefer this one?
Pandora Box 4.png

Questions:
0. How to make sense of these arrows? Which one to pick and which one to ignore?
1. How do you do anchor trade on those charts? Is there a way?
2. How to manage the risk? How much to risk?
3. How to make money after you lose money? The best loser win.
4. What's your base time for the anchor?

... and then we have this freak!

I will go with the easy part of the answer
A moving average will give you your bias selecting the fractals in the same direction, you could get the average range of the peaks and lows of your session to make that your target and scalp away, depending on the angle of your MA bias you may close 2/3 partial at target and leave a runner, and add again at the next fractal.
Fractal1.png

Yes, with MA it's a matter of choosing how far back you want to use as your bias.

[Don_xyZ]

Let's open the Pandora Box!
Fractals with filters. No repaint, no bs.

Wanna make big money?
Easy!
Can you stomach the risk though?

Pandora Box.png

Pandora Box 2.png

Pandora Box 3.png
You can start with the most common tf, the H1 and combine it with D1.
Or you can start with H4 and combine it with the W1.
You can also go solo with only one of them.

Each of the charts above can bring you tons of money. Or maybe you prefer this one?
Pandora Box 4.png

Questions:
0. How to make sense of these arrows? Which one to pick and which one to ignore?
1. How do you do anchor trade on those charts? Is there a way?
2. How to manage the risk? How much to risk?
3. How to make money after you lose money? The best loser win.
4. What's your base time for the anchor?

... and then we have this freak!

0. Agree with Kiwi to decide on which direction to trade.
1. I would guess you need to decide on your bias and take the anchor trade as close to the daily high/low (depending on your bias)
2. Smallish % (<1%) as it looks like there would be quite a few trades. Another consideration would be your winrate to date although I appreciate you could have a bad day.
3. I think this would boil down to resilience and faith in your own ability.
4. I don't understand this question. Does this mean the TF on which you take the anchor trade?

An Anchor trade is a trade based on time and price level. The goal is to get in at the highest and exit at the lowest or vice versa during a particular time period. The indicator is just there to show the potential of using an indicator and mimic the original naked chart anchor trade. Risk can be reduced provided you are flexible enough with your entries. A losing trade is just the market's way to tell you that you should be trading this direction instead of that. With this mindset, all you need is the right amount of SL and timing. When you go with bigger tf like the ones shown in the pix you must take an even bigger tf to be used as the anchor time. What everyone in this forum is familiar with is the M1 tf entry and trading session as the anchor time for the daily anchor trade. So if we use let's say H1 then obviously it's useless to use the trading session as the cage/ anchor time. Thus, finding this anchor time is of utmost importance.

[Don_xyZ]

Comparison (again). Fractals indicator plus 3LZZ TRO.

US30 Fractals ZZ.png (230.78 KiB) Viewed 1610 times

US30 Fractals ZZ 2.png (198.72 KiB) Viewed 1610 times

US30 Fractals ZZ 3.png (221.24 KiB) Viewed 1610 times

Wonderful opportunities to make a lot of money! If you don't know how to read the market properly then this might be a good tactic.

Fractal is the core of any market structure, zigzag is the further development of fractal (a fractal with filter). So, any of them will help you to make money.