TRO BUY ZONE - KEEP IT SIMPLE

[TheRumpledOne]

NZDUSDH1.png (47.96 KiB) Viewed 9207 times

[vsmt]

https://www.kreslik.com/forums/download/file.php?id=19811

Hi Avery,

Which template/indicators do reproduce the BZ chart above?

Thanks

[Mr. Hyde]

https://www.kreslik.com/forums/download/file.php?id=19811

Hi Avery,

Which template/indicators do reproduce the BZ chart above?

Thanks

NO NO NO. You need no indy or template for the flipping BZ. Pick a sessions/hours open add subtract 4 pips from that. Then go long/short when price crosses. Do that every hour with a 10 pip sl and a tp of at least 1 to 1.

Or u can be smart and look to weave it into other price action, that way you can target larger TP with a nice and small SL. Look for 123/TTE entries. Or Larger/smaller bodies with at least 1, prefer 2 IB. Then you can get an early entry and target an hourly exit instead of "price moved 4 pips so I took it BS".

[Mr. Hyde]

All you need from TRO is the range indicator (which I still don't have and want), custom candle and crash zone. To me the rest is nothing PA cant tell you.

And no one reading this better think Im hating on TRO. Cuz its far from it. Im sure he could out trade me any day

[TheRumpledOne]

NZDUSDH1.png (39.59 KiB) Viewed 8863 times

[TheRumpledOne]

https://www.kreslik.com/forums/download/file.php?id=19811

Hi Avery,

Which template/indicators do reproduce the BZ chart above?

Thanks

Just need the buy zone indicator - attached.

Don't do this every hour. Better to use session beginnings. It is simple to understand. When NY session begins, price "needs" to go "somewhere". It will range. The range is larger than the buy zone. That's why the buy zone works!

[Mr. Hyde]

Assuming a 10 pip sl and tp, here is GU BZ trades for NY open. 2 nices losses. Good luck!!! Remember ameaturs set the open price and pros the close.

[TheRumpledOne]

Assuming a 10 pip sl and tp, here is GU BZ trades for NY open. 2 nices losses. Good luck!!! Remember ameaturs set the open price and pros the close.

TRO003.png (73.79 KiB) Viewed 8839 times

Why do you assume a TP/SL?
Why not trade "in the moment"? I am up 5, now up 4, now up 3, maybe exit? Up 2? Exit? Up 1? Exit? Which way is price heading?

[Mr. Hyde]

Assuming a 10 pip sl and tp, here is GU BZ trades for NY open. 2 nices losses. Good luck!!! Remember ameaturs set the open price and pros the close.

TRO003.png

Why do you assume a TP/SL?
Why not trade "in the moment"? I am up 5, now up 4, now up 3, maybe exit? Up 2? Exit? Up 1? Exit? Which way is price heading?

The zone is 8 pips wide. Then add a extra 2 for the spread and slippage. So you risked 10 pips for 5. Not my cup of tea. It wasn't meant as a put down. Just letting him know what he is getting into.

[dchappy]

When NY session begins, price "needs" to go "somewhere". It will range. The range is larger than the buy zone. That's why the buy zone works!.....,