ZLINES...

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TheRumpledOne
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Re: ZLINES...

Postby TheRumpledOne » Sun Jun 03, 2018 3:22 am

LeMercenaire wrote:
TheRumpledOne wrote:
LeMercenaire wrote:Your Return Trade (RET-Trade) simply adds in the retrace back to the Z-Line and would no doubt be a RAT-style entry, though doesn't have to be a true RAT.


Thanks for the annotation. I sure had it backwards!

Actually a RAT, HOLO, 1-2-3 and/or WICK ZONE.

If it is in the daily ATR ZONE, that would be a bonus!

TRO001.png


Z-Lines aren't always RAT, HOLO, 1-2-3 and / or Wick Zone, because the levels ('A' on that chart) don't HAVE to be new highs or lows on the day but just have to be a distinct level-of-interest.

They could just as easily be in the middle of the day's range.


I understand. I just like having the extra "odds enhancers".

Thanks.
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Re: ZLINES...

Postby dojirock » Sun Jun 03, 2018 3:57 am

TheRumpledOne wrote:TRO001.png

Something I have been doing profitably:

I noticed price usually retraces the bigger bars sometime in the near future and I wait and trade accordingly.

"Identify the most recent momo bar and trade TOWARD its open from an extreme."

The orange lines highlight bars 5 pips or bigger.

I guess I still don't get "ZLines".


I will give it a try Tro,

Sema's, I know your familiar with those.
When Sema Candle is the High, look at that candles Low. If that candle and the one before it is not a CC(colorchange) then wait till next candle.
After you have a set Sema and a CC(colorchange) mark the low.
At the minimum, no trades until a candle Closes below that Low.
That Candle that closes below that low, I call a MC (MotherCandle).
Drawing a line from the low, through the MC(MotherCandle)body gives you the zline. (Ideal Entrypoint)
I dont call the MC(MotherCandle), momentum due to my definition of momentum is any close above or below the previous Candles high or low.
A MC(MotherCandle) may be a momentum, but a lot of momentum candles by my definition are not MC's, hence why I use two terms.

ps, i just drew it up on Bretts pic instead of starting from scratch

doji

2018-06-02_2325.png
2018-06-02_2325.png (92.42 KiB) Viewed 1513 times
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Re: ZLINES...

Postby roctao » Sun Jun 03, 2018 5:37 pm

=D> =D> =D> =D> =D> Absolutely AWESOME DOJI !!!!!!!!

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Re: ZLINES...

Postby TheRumpledOne » Sun Jun 03, 2018 11:42 pm

dojirock wrote:
I will give it a try Tro,

Sema's, I know your familiar with those.
When Sema Candle is the High, look at that candles Low. If that candle and the one before it is not a CC(colorchange) then wait till next candle.
After you have a set Sema and a CC(colorchange) mark the low.
At the minimum, no trades until a candle Closes below that Low.
That Candle that closes below that low, I call a MC (MotherCandle).
Drawing a line from the low, through the MC(MotherCandle)body gives you the zline. (Ideal Entrypoint)
I dont call the MC(MotherCandle), momentum due to my definition of momentum is any close above or below the previous Candles high or low.
A MC(MotherCandle) may be a momentum, but a lot of momentum candles by my definition are not MC's, hence why I use two terms.

ps, i just drew it up on Bretts pic instead of starting from scratch

doji

2018-06-02_2325.png


Thanks Doji... I actually understand that. Now, I guess I will have to code an indicator... has anyone already coded one?!
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Re: ZLINES...

Postby TheRumpledOne » Mon Jun 04, 2018 12:12 am

TRO001.png
TRO001.png (57.3 KiB) Viewed 1422 times


Small scalp taken using the RETurn line. I will have to post in another thread.
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Re: ZLINES...

Postby LeMercenaire » Mon Jun 04, 2018 3:51 pm

TheRumpledOne wrote:TRO002.png

The Frequency Distribution shows number of candle bodies larger than....


So, anyway, TRO...this RET-Trade of yours, lol.

Got me out of trouble this morning :P

.DE30.H1soanywayTRO-thisRET-Tradeofyours-lol-4thJune18.png
.DE30.H1soanywayTRO-thisRET-Tradeofyours-lol-4thJune18.png (37.84 KiB) Viewed 1371 times

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Re: ZLINES...

Postby TheRumpledOne » Tue Jun 05, 2018 3:55 pm

LeMercenaire wrote:
TheRumpledOne wrote:TRO002.png

The Frequency Distribution shows number of candle bodies larger than....


So, anyway, TRO...this RET-Trade of yours, lol.

Got me out of trouble this morning :P

.DE30.H1soanywayTRO-thisRET-Tradeofyours-lol-4thJune18.png


How did it get you out of trouble??
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Re: ZLINES...

Postby LeMercenaire » Tue Jun 05, 2018 5:50 pm

TheRumpledOne wrote:
LeMercenaire wrote:
TheRumpledOne wrote:TRO002.png

The Frequency Distribution shows number of candle bodies larger than....


So, anyway, TRO...this RET-Trade of yours, lol.

Got me out of trouble this morning :P

.DE30.H1soanywayTRO-thisRET-Tradeofyours-lol-4thJune18.png


How did it get you out of trouble??


I was being a stubborn sod and trying to make the market do what I wanted it to do. Funnily enough, it refused and by the time I bailed, I was sitting negative.

Then that push happened and I thought, ''Hey, that would be a good example to illustrate TRO's RET-Trade!'' DOH!

So instead of illustrating it, I traded it. :P

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Re: ZLINES...

Postby LeMercenaire » Tue Jun 05, 2018 9:10 pm

Even ButtCoin got in on the act today...

BTCUSDH1asZ-LineOnButtCoin5thJune18crop.png
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Re: ZLINES...

Postby brettnchrism » Wed Jun 06, 2018 5:22 pm

dojirock wrote:
TheRumpledOne wrote:TRO001.png

Something I have been doing profitably:

I noticed price usually retraces the bigger bars sometime in the near future and I wait and trade accordingly.

"Identify the most recent momo bar and trade TOWARD its open from an extreme."

The orange lines highlight bars 5 pips or bigger.

I guess I still don't get "ZLines".


I will give it a try Tro,

Sema's, I know your familiar with those.


When Sema Candle is the High, look at that candles Low. If that candle and the one before it is not a CC(colorchange) then wait till next candle.
After you have a set Sema and a CC(colorchange) mark the low.
At the minimum, no trades until a candle Closes below that Low.
That Candle that closes below that low, I call a MC (MotherCandle).
Drawing a line from the low, through the MC(MotherCandle)body gives you the zline. (Ideal Entrypoint)
I dont call the MC(MotherCandle), momentum due to my definition of momentum is any close above or below the previous Candles high or low.
A MC(MotherCandle) may be a momentum, but a lot of momentum candles by my definition are not MC's, hence why I use two terms.

ps, i just drew it up on Bretts pic instead of starting from scratch

doji

2018-06-02_2325.png



Hey Doji that loos great can you mark one up with the sema's, I don't have that indi, years ago I know dragon33 used them in some of examples but I could never figure out how to trade them. Thanks
Your friend Brett

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