BUY ZONE FOR DUMMIES INDICATOR

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TheRumpledOne
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Postby TheRumpledOne » Fri Jun 20, 2008 12:11 pm

It's an alert to tell you that the TP you set has been exceeded and if you are still in the trade, you are being "GREEDY".
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby TheRumpledOne » Sat Jun 21, 2008 6:05 pm

Search for TradeStation Motherlodes.

I think the TRO_BuyZone is the name of the ELD for RadarScreen.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Aug 06, 2008 3:40 am

Yes, there is a MT4 thread.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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khalid
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Postby khalid » Fri Aug 08, 2008 12:36 pm

CTG4X,

The price one pays for FREE indicators which are better than many sold elsewhere for hundreds of dollars is ORGANISED search(es).

A matter of few minutes, really.

May I suggest YOU organise YOURSELF a little better?

Thank you.

Khalid

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Postby vladv » Tue Aug 12, 2008 7:44 am

The BUYZONE is free or commercial indicator!? Thanks.

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Postby khalid » Tue Aug 12, 2008 9:22 am

vladv,

The BuyZone is FREE, indeed.

Khalid

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Postby Anja102565 » Mon Nov 03, 2008 6:50 pm

Hi guys
Is the Buy Zone exclusively for Forex or can it be used for Futures?
Thanks

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Postby Anja102565 » Mon Nov 03, 2008 6:51 pm

Hi guys
Is the Buy Zone exclusively for Forex or can it be used for Futures?
Thanks

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 04, 2008 1:58 am

Anja102565 wrote:Hi guys
Is the Buy Zone exclusively for Forex or can it be used for Futures?
Thanks


The Buy Zone can be used for anything.

Look for the eminis thread about the buy zone.

But you have to run statistics to know where to place the lines.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Re: More Questions: Buy Zone and SM Trend in Radar Screen

Postby TheRumpledOne » Tue Nov 04, 2008 2:02 am

1. buy zone
a. What is the meaning of the candle column and the Dlt C-C(1) column ?

candle column shows the color of the candle

c-c(1) is the difference of the current price and the close of the last bar


b. What is the meaning of the various phrase in e BuyZone column (like: above 0.2200, X ShTOP MA5,BUY 0.0400, Wait -0.0200, BELOW 0.3600, X open0.1000) ?


above .2200 means above the zone by .2200

xShTOP means price crossing the short top line

Buy means price in buy zone and .04 above it

Wait means price between long and short zone

Below means price below short zone



2. SM Trend
What is the meaning of the + - = marks in combination of a color (red, green and yellow), and of the "down" and "up" ?

"+" means the ema is rising and green means price above the ema

"-" means the ema is falling and red means price below the ema.



Thanks

You're welcome
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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