Zline

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88888
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Zline

Postby 88888 » Mon Sep 07, 2009 8:50 pm

Hi,

I am new on this forum. However I have spent a lot of time reading the different threads and learnt quite a few things. Having said that, I still dont understand Zlines. I have actually downloaded a word document with hundred of charts made by the MightyOne and I simply don't get it.

I dont understand which elements you need to draw the Zlines on the charts. Do you do it manually draw the line or do you use an indicator to calculate the Zline?

I understand it might be a silly question with so many threads about it but after reading, it's still don't understand the Zline process. Actually, I feel that those threads are more about the use of Zlines and how to trade with them but not so much about drawing them.

I hope somebody will be kind enough to explain me this process.

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zapzinig
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Postby zapzinig » Tue Sep 08, 2009 8:05 pm

Hi 88888,

I suggest you download the NLA thread archive for offline reading from here:

http://kreslik.com/forums/viewtopic.php?t=2005

Once you read through the over 5,000 posts I think you will understand why and where to draw zlines/ mighty zones. PS the zlines start at about page 131.


--zz

88888
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Postby 88888 » Tue Sep 08, 2009 9:31 pm

Thanks. I already had had a look at this topic. The thread is very long and I am sure I have missed many information. Thanks for the page 131!!

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