Never Lose Again

[MightyOne]

Hey Tro,

Have you ever ran frequency distribution on the weekly candle wicks pertaining to rat zone setups? I am going over some of Mo's space posts and I think stats on weekly wicks can help here. So Daily candle we use 20 pips. How about weekly?

Also, how do you run frequency distribution? Can you show us how? Sorry, If you already went over this in previous posts.

A Rat Zone is 20 pips connected to the highest or lowest price of the day; I am not aware of any other Rat Zone.

To trade a similar zone on the next largest chart I would just double the zone.

Personally, I would look for a trade between 0.76302 & 0.76470, use a 2 line Buy-zone, or a 1 line SweetSpotsGOLD.

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[Leoheart]

Thanks for replying Mo, appreciate it.


Doubling the zone does make sense, but I am more interested in how the weekly wicks behave. Similar methodically to the daily rat zone. Running frequency distribution should give us that number.

[Leoheart]

Mo, are you still using "TRO_MO_CRASH_ZONES"? I have the this indicator. I don't think mine is plotting correctly. I'll post a picture when I get a chance.

[MightyOne]

Mo, are you still using "TRO_MO_CRASH_ZONES"? I have the this indicator. I don't think mine is plotting correctly. I'll post a picture when I get a chance.

Crash-zones project targets down from the high and up from the low.

You will occasionally see price break strongly through the maximum target, after a series of abnormally small ranges, but it will usually do little more than poke its head out and retreat.

It's a good indicator but I currently do not use it as my targets are based on lines (a % of H1 range * chart period).

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[Leoheart]

Thanks Mo,
I see profit taking potential in this indicator on the weekly charts, will have to observe it more get a better feel. What are the price levels based off of? Sorry if you already went over this.

[TheRumpledOne]

DANG SPAMMERS!

[PhilipLangford]

Any particular reason why my bitcoin Zline trades were deleted from the thread? Seems rather odd.

[michal.kreslik]

Any particular reason why my bitcoin Zline trades were deleted from the thread? Seems rather odd.

post109343#p109343

[PhilipLangford]

Any particular reason why my bitcoin Zline trades were deleted from the thread? Seems rather odd.

post109343#p109343

Ah thanks. Glad to know I hadn't unwittingly broken any rules.

[MightyOne]

The weekly range is an end result that is of an approximate size.

There are only two options:
1. go up and expand the range
2. go down and expand the range

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