BUY ZONE FOR DUMMIES INDICATOR

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jonisonvespa
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Postby jonisonvespa » Sun Nov 01, 2009 3:06 pm

hi tro

been lookinhg at by b zone, i read a feq times you say, buy zone was designed on stats,
which pair was it designed on, i would guess the biggest range pair?
or the pair with the smallest spread?

im going trade it all next week on eu next week, which pair do you reccomend? is there a best pair??

thanks for you time/input/and enthusiasm
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TheRumpledOne
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Postby TheRumpledOne » Sun Nov 01, 2009 6:37 pm

All of the major pairs were analyzed.

Trade GBP or EUR pairs during London session.

Trade USD pairs during New York session.

Trade JPY, AUD or NZD pairs during Asian session.
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.

jonisonvespa
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Postby jonisonvespa » Mon Nov 02, 2009 8:08 pm

hi tro

when using buyzone, noticed a few times price stopped b/zone triggered, then went up from trigger, didnt trade these.

is a propper trade zone trade, when...

price is dropping, trade zone triggered.. price then stops then goes up through trigger to target??




RANGE is key to the Buy Zone trades.

You need H1 AVERAGE RANGE.

Normally, I use a MA(960).

But look at what happened the last 24 hours:
bove
* Maximum Hourly Range: 53 pips
* Minimum Hourly Range: 13 pips
* Average Hourly Range: 25.62 pips
* Current Hourly Range: 19 pips

The Buy Zone is 8 pips wide.
Yo

also cant seem to find the above indi "h1 average range", is that what your refering to ??


thanks for taking the time tro




t

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Kenyuki
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Postby Kenyuki » Mon Nov 02, 2009 9:21 pm

Hi jonisonvespa,

Just trade the first trigger of the hour, you do not need any MA's (or any other indicator for that matter) to trade the BZ.

Cheers,
Ken.

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 10:53 pm

Hi jonisonvespa,

If you enter when the trade is triggered, that is a proper entry. What happens next is up to the market and your stop loss.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby Wakatta » Tue Nov 03, 2009 12:57 am

Thanks for sharing all your indicators Avery. Is it possible to try out the Buy zone strategy manually without the Buy zone for dummies indicator?
Also is there any MT4 indicator , which will just show the Hourly range?
Thanks for all you guys time.

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 03, 2009 1:14 am

Yes, you can do the Buy Zone without the indicator. But there are some FREE Buy Zone indicators here.

The FREE TRO_RANGE_GAUGE or TRO_RANGE indicators will show the hourly range.


Links to MT4 Motherlodes:

http://kreslik.com/forums/viewtopic.php?p=17490#17490
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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djukrie
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Postby djukrie » Wed Nov 04, 2009 6:01 am

Hi Avery,

I have read your threads. Amazing knowledge :smt023
Your thread and the indicators are very helpful and simple.
I also interest your buy zone indicator.
How i can get the indicator?
Manythank

Djukrie

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Postby xtremeforex » Thu Nov 19, 2009 12:58 am

Yes, the TIME of day DOES matter when trading with the BUYZONE strategy.

When London and NY were open. All my USD, CDN, GBP and EU trades were ALL winners. 4 out of 4.

When I tried to trade the same pairs after close, ALL the trades started to LOSE after those markets closed. 0 out of 4.

So I can ascertain that the BUYZONE stats/method/analysis is based upon optimal market volume and volatility.

Moral of the story?... Trade PAIRS of the markets that are OPEN - as TRO previously stated. I believe Tro is accurate about this and it makes sense anyways.

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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 19, 2009 6:29 am

djukrie wrote:Hi Avery,

I have read your threads. Amazing knowledge :smt023
Your thread and the indicators are very helpful and simple.
I also interest your buy zone indicator.
How i can get the indicator?
Manythank

Djukrie


There are a few free versions in the Motherlodes.


Links to MT4 Motherlodes:

http://kreslik.com/forums/viewtopic.php?p=17490#17490


I think TRO_BZ_Skyline is the last one I uploaded.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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