although i think it is good to draw lines (z-lines and others) first by hand, to understand the idea behind......
blubbb has made some indicators, also for z-lines.
beginners-forum/blubbb-s-free-indicator-and-expert-advisor-thread-t1885
Mr. D's Humble Quest in the Wick Land
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Re: Mr. D's Humble Quest in the Wick Land
forexbob wrote:although i think it is good to draw lines (z-lines and others) first by hand, to understand the idea behind......
blubbb has made some indicators, also for z-lines.
beginners-forum/blubbb-s-free-indicator-and-expert-advisor-thread-t1885
Nice of you to point that page out. It would be interesting to learn about the thinking behind this indicator. It paints a z-line in a completely different place, still within the zone.
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Re: Mr. D's Humble Quest in the Wick Land
Mr. D wrote:forexbob wrote:although i think it is good to draw lines (z-lines and others) first by hand, to understand the idea behind......
blubbb has made some indicators, also for z-lines.
beginners-forum/blubbb-s-free-indicator-and-expert-advisor-thread-t1885
Nice of you to point that page out. It would be interesting to learn about the thinking behind this indicator. It paints a z-line in a completely different place, still within the zone.
I think one thing it identified first is a candle body 2x the
Size of the previous candle.
Second it is marking the breakout of the previous candle's body.
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Re: Mr. D's Humble Quest in the Wick Land
I have a different version of an indicator.
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Re: Mr. D's Humble Quest in the Wick Land
Mr. D wrote:I have a different version of an indicator.
nice clean view !
some indicators are more equal then others.
alias already shed some light on it.
apparently blubbb is not around anymore on the board (it seems)
quoting blubbb from his own thread:
"Zero lines are lines at prices where profits are "zeroed out". When you see that momentum is building, there is always a zone where a lot of traders got into the trade and who are very happy (at the moment) with their profits. Sooner or later price will turn on them (since more and more traders take their profits). As price rushes back to the zero line traders must hurry not to give away all their profits... for more please read the thread "Never lose again", especially MightyOne's posts!"
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Re: Mr. D's Humble Quest in the Wick Land
forexbob wrote:Mr. D wrote:I have a different version of an indicator.
nice clean view ! ... for more please read the thread "Never lose again", especially MightyOne's posts!"[/u][/i]
Thanks for the quote and heads up on the thread. Planning to read through that one once done with the HOLO thread.
Re: Mr. D's Humble Quest in the Wick Land
If you celebrate,
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Re: Mr. D's Humble Quest in the Wick Land
Hello, all!
Let's learn about Zero Line/Zone from MightyOne. Here is one of his summaries in two posts,
post18055?sid=0aa39a422fb51d3cfd6e408e4fe69686#p18055
Let's learn about Zero Line/Zone from MightyOne. Here is one of his summaries in two posts,
post18055?sid=0aa39a422fb51d3cfd6e408e4fe69686#p18055
- LeMercenaire
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Re: Mr. D's Humble Quest in the Wick Land
Welcome back, Mr.D!
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