Never Lose Again
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- TheRumpledOne
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Re: H1 zline trades
Monalisa,
My time frame is H1. I also look at H4 and D1. I draw my zlines where I see profit held and not yet zeroed out.
Draw some on your charts and see how they react in real time. I like my zlines to be coming off an extreme ie break above high or low of the day or last few days Wait for the momo break out then enter on the zline and ride it to the next zline
-ZZ
My time frame is H1. I also look at H4 and D1. I draw my zlines where I see profit held and not yet zeroed out.
Draw some on your charts and see how they react in real time. I like my zlines to be coming off an extreme ie break above high or low of the day or last few days Wait for the momo break out then enter on the zline and ride it to the next zline
-ZZ
monolisa wrote:Hi zapzinig,
Excellent trades.
May I ask why do you draw the zlines at those specific positions? I notice they are quite different from blurbb's zlines.
Do you draw the zline when there's a change in momentum?
Also, did you enter long @ 1.2625 after retracement? (ie. wicked the second momentum candle)
Based on which tf did you trade? I presume H1 is the "target" tf.
Can MO also comment please?
Thanks all for your help.
Liszapzinig wrote:Zline trades for today H1 on GBP/USD 3 trades +290 pips !!!!! Thanks MO for your insight and simplicity.
-ZZ
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- TheRumpledOne
- rank: 10000+ posts
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TheRumpledOne wrote: BARRY'S IS FRACTALS!!
Point taken. Perhaps I find it easier to see s & r with straight lines and perhaps your chart had fractals appearing more often the barry's do. Looks like this is easy to change in the code, mute point now though. Thanks.
"Is it really THAT SIMPLE?"
It will be if you can code it Must look to see how it works with previous days (known) extreme points.
Which Platform??
monolisa wrote:I saw this on another trader's platform. The chart shows the volume/tick histogram on the bar!
Such information could be useful.
Not sure if we can replicate it in MT4. TRO and fellow programmers your opinion please.
Thanks.
Lis
Hello Lis:
Do you know which platform has this capability?
Thanks
Francisco
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