newark18 wrote:noushina wrote:
You will notice if you adjust the settings on his zline indicator that it will draw the zline at the top of the MZ or the bottom (you have to remove mz indicator to see the zlines it draws through).
The best looking mz is when there was a real large bar - a large green one then the mz will be the bottom half of the bar. (Sort of like a fib retrace to the 50% line).
Is the mightyzone alway in the middle of the green or red boxes drawn by MZ indicator? Is that where I should expect to see the most resistance?
I don't trade the MZ, thought maybe I should. ES and others are the experts. Just study and scroll charts. I think everything has been thoroughly explained at this point.
PUt the indicator on your charts and set the time period for it to 240, then when you change time frames the 240 mz will still be there.
The MZ indicator generally draws from the open of the bar to the half way point, I think Blubb set it so that it would not overlap other mightly zones so sometimes there is a somewhat narrow bar.
I really think its time for you to put it on your charts and scroll and analyze.