TRADESTATION BUYZONE

[TheRumpledOne]

TRADESTATION BUYZONE INDICATORS

There has been some confusion over plotting the Buy Zone in TradeStation.


_BUYZONE - uses the DAILYOPEN as the input default and it uses trendlines to plot the lines. UPDATE INTRABAR must be UNCHECKED.

_BUYZONE1 - uses the OpenD(0) as the input default and it uses trendlines to plot the lines. UPDATE INTRABAR must be UNCHECKED.

_BUYZONE2 - uses the user inputs to determine the zones and it uses trendlines to plot the lines. UPDATE INTRABAR must be UNCHECKED.

_TRO_BUYZONE - uses the DAILYOPEN as the input default and it uses trendlines to plot the lines. UPDATE INTRABAR must be UNCHECKED.

_TRO_BUYZONE_P - uses the OPEN as the input default and it uses PLOT statements to plot the lines. The code will use the SESSION OPEN to determine the zones.

_TRO_BUYZONE_TIME - Uses trendlines to plot the lines. The code will use the OPEN of the specified time to determine the zones. UPDATE INTRABAR must be UNCHECKED.

_TRO_BUYZONE_TIME_P - Uses PLOT statements to plot the lines. The code will use the OPEN of the specified time to determine the zones.

There is NOT a TradeStation version to automatically change the lines every hour.

Make sure your chart is formatted to have enough bar space to the right to display the labels.

I have attached all of the TradeStation BuyZone indicators for your convenience.

[transporter]

HOW CAN I OPEN EDL FILE?

[TheRumpledOne]

Start TradeStation.

Then download the eld file and open it. It will prompt you to import the ELD files.

[johnsund]

Is one preferred over the others for daytrading equities?

JS

[koolbreeze]

Is one preferred over the others for daytrading equities?
___
Johnsund,

Sounds like you are starting out with MTC buyzone. Other traders may have a different view. I would say use the first indicator listed _BUYZONE.

Read all the threads posted by TRO for trading equities.

Good Luck!

[johnsund]

TRO -

I am using TRO_Buyzone (no 1 or 2, etc.) along with TRO_BuyZoneTime and am simulating trading AAPL on Tradestation. It takes a minute after the open for the Prev Close, Open and the two buyzones to appear. Do any of the other versions plot these right after the market opens?

Thanks-

[TheRumpledOne]

LOL.. NO.. the first candle of the day is 9:31 am.

So you have to wait a minute.

But if you have RADARSCREEN, then you know what the open is from the dailyopen quote field.

[626mx]

TRO, will any of this work with either Marketscope charts or the MB Navigator Charts, both are similar to Tradestation I think. Thanks

[TheRumpledOne]

No.

They would have to be coded for those platforms.

[626mx]

I have heard you mention you use MB Navigator, I do as well, now they nice charting with that, might this be in the future? Not like your busy enough now.