DAILY WICK ZONE TRADING

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forexbob
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Re: DAILY WICK ZONE TRADING

Postby forexbob » Thu Dec 24, 2015 10:37 pm

TheRumpledOne wrote:
How exactly are you trading using this?


I would trade the rat reversal, but as the ratzone is at the top of the wickzone i trade the wickzone breakout. (If it breakouts and my order get filled)
But still testing this on demo, and have to get more stats to see if this is just stupid (&complicating things) or has any merit.
I know it sounds as a yalie,but i see that as just open to new things ....

Maybe it is the same as looking at the overall dashboard to see where trade possibilities arise and then switch to a chart with the one or the other (ratzone or wickzone), but i prefer to see rat&wick zone in 1 chart and that the zones do not overlap.
(And ofcourse all is not realy needed. Traded also from mt4 on an ipad where you can not load custom indicators)

Just killing time and doing some testing between half december and the first week of january, when volume is small and all kind of family things disturb. ... So no live trading.

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TheRumpledOne
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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Sat Dec 26, 2015 7:12 pm

Your picture changed...LOL!
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.

graftonian
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Re: DAILY WICK ZONE TRADING

Postby graftonian » Sat Dec 26, 2015 8:37 pm

Avery,
How do I get started with your wick zone trading software? I have opened a Forex trader-pro practice account, and am learning the "lingo" and procedures. I assume the screen-shots I see here are "overlays" on another trading platform. Any info or direction to get started at square one would be appreciated.
Last year, after being derailed by a stroke, I decided to look into day trading as a way to keep busy, and earn a little beer money. Good fortune led me to SockFetcher, where posts by you, Kevin, Four, and others led me to a whole new world of oppertunity. Looking forward to unraveling the complexities of another market.
Thanks for all your hard work and generosity,
Graftonian

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Re: DAILY WICK ZONE TRADING

Postby MightyOne » Sun Dec 27, 2015 6:41 am

graftonian wrote:Avery,
How do I get started with your wick zone trading software? I have opened a Forex trader-pro practice account, and am learning the "lingo" and procedures. I assume the screen-shots I see here are "overlays" on another trading platform. Any info or direction to get started at square one would be appreciated.
Last year, after being derailed by a stroke, I decided to look into day trading as a way to keep busy, and earn a little beer money. Good fortune led me to SockFetcher, where posts by you, Kevin, Four, and others led me to a whole new world of oppertunity. Looking forward to unraveling the complexities of another market.
Thanks for all your hard work and generosity,
Graftonian


I would give a Tallinex ECN-PRO account a try simply because they give you leverage out the wazoo and let you increment in micro lots; their swaps leave a lot to be desired though.

The Wick-Zone is an indicator placed on the Metatrader4 platform & is simply the wicks of the previous daily candle as a "channel" breakout.

Another indicator that I prefer to use is called the "Rat-Zone" & it connects to the high/low extreme with a preset zone of around 15-20 pips.

You can get both of these indicators by donating to TheRumpledOne@gmail.com, via PayPal, in the amount of $50, and sending an attached message with what you desire to receive from him.

The other option is to learn how to code your own indicators from Jim Dandy; but truth be told, as a novice coder myself, I would rather have TRO do it :lol:
but it is still good to know how to write buy/sell scripts and gather information.

Start your own thread & post charts. If you are not doing something "correctly", or if someone has an opinion, they will respond and you will get the information that you are looking for.

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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Mon Dec 28, 2015 5:13 pm

EURJPYH1.png
EURJPYH1.png (48.81 KiB) Viewed 901 times
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Tue Dec 29, 2015 4:51 pm

EURJPYH1.png
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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: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Wed Dec 30, 2015 5:35 pm

EURJPYH1.png
EURJPYH1.png (46.85 KiB) Viewed 832 times
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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TheRumpledOne
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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Thu Dec 31, 2015 5:56 pm

EURJPYH1.png
EURJPYH1.png (41.04 KiB) Viewed 777 times
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: DAILY WICK ZONE TRADING

Postby graftonian » Sat Jan 02, 2016 12:08 am

tro 25nov.png
If I may, a few questions
tro 25nov.png (46.43 KiB) Viewed 759 times

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Re: DAILY WICK ZONE TRADING

Postby TheRumpledOne » Sat Jan 02, 2016 6:19 pm

graftonian wrote:
tro 25nov.png


The H1, D1, W1 indicate which way the price has moved from the open. If price is above the open, then only trade long. If below, only trade short.

The lot size is based on whichever wick zone the price is inside.

The risk is an input that you can change.
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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