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
danator.
BUY ZONE FOR DUMMIES INDICATOR
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- TheRumpledOne
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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
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
- TheRumpledOne
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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
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!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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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.
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.
- TheRumpledOne
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djukrie wrote:Hi Avery,
I have read your threads. Amazing knowledge
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!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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