Signal Bender

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lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 4:01 pm

just playing with z lines and this indi....will post a chart
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lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 4:09 pm

Not a perfect entry,would like it to be closer to the sr lines but something to play around with...

Relativity
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Postby Relativity » Thu Oct 13, 2011 4:11 pm

I don't know.

I don't trust z lines for 1 reason : everyone's timezone is different, so you are gonna get all sorts of H4 candles -> all sorts of H4 z lines.

The only z line I would trust is the H1.

lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 4:20 pm

just playing around but i think i will use this the way you made it to be used rather than playing around.

Relativity
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Postby Relativity » Thu Oct 13, 2011 4:32 pm

lazygeorge wrote:just playing around but i think i will use this the way you made it to be used rather than playing around.


Lol. No its ok, keep playing around. See what you can find, but back it up. It will help you see what price action really is!

Trust me; I still have plenty to do and plenty of tools to play around with and keep learning :

- Fib grids; extensions and retracement grids
- Improve Psych Zones
- Horizontal lines; H1 zero lines, standard supply and demand zones
- Wave theory and patterns
- Tick data

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lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 4:37 pm

Relativity wrote:
lazygeorge wrote:just playing around but i think i will use this the way you made it to be used rather than playing around.


Lol. No its ok, keep playing around. See what you can find, but back it up. It will help you see what price action really is!

Trust me; I still have plenty to do and plenty of tools to play around with and keep learning :

- Fib grids; extensions and retracement grids
- Improve Psych Zones
- Horizontal lines; H1 zero lines, standard supply and demand zones
- Wave theory and patterns
- Tick data



And in the meantime we still gotta trade to earn a living too :lol:

Relativity
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Postby Relativity » Thu Oct 13, 2011 4:42 pm

lazygeorge wrote:
Relativity wrote:
lazygeorge wrote:just playing around but i think i will use this the way you made it to be used rather than playing around.


Lol. No its ok, keep playing around. See what you can find, but back it up. It will help you see what price action really is!

Trust me; I still have plenty to do and plenty of tools to play around with and keep learning :

- Fib grids; extensions and retracement grids
- Improve Psych Zones
- Horizontal lines; H1 zero lines, standard supply and demand zones
- Wave theory and patterns
- Tick data



And in the meantime we still gotta trade to earn a living too :lol:


Do both research and trading? I can't see why both cannot go together.

lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 4:55 pm

true say.

zhaozilong
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Postby zhaozilong » Thu Oct 13, 2011 11:13 pm

Relativity wrote:
lazygeorge wrote:just playing around but i think i will use this the way you made it to be used rather than playing around.


Lol. No its ok, keep playing around. See what you can find, but back it up. It will help you see what price action really is!

Trust me; I still have plenty to do and plenty of tools to play around with and keep learning :

- Fib grids; extensions and retracement grids
- Improve Psych Zones
- Horizontal lines; H1 zero lines, standard supply and demand zones
- Wave theory and patterns
- Tick data


Hello Relativity,

how does the psych zones and the trigger lines work? I notice that it doesnt appear all the time once the original one is breach or after it is used?
when does psych zones and the trigger lines appear?

SBZ means selling buying zone?

Best regards

-zhao
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Relativity
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Postby Relativity » Fri Oct 14, 2011 4:17 am

zhaozilong wrote:Hello Relativity,

how does the psych zones and the trigger lines work? I notice that it doesnt appear all the time once the original one is breach or after it is used?
when does psych zones and the trigger lines appear?

SBZ means selling buying zone?

Best regards

-zhao


Change the TAD_LongORshort
True = decided to Long
False = decided to Short

The trigger line will appear on 2 conditions :
1-your decision of direction (short or long)
2-the current wave direction. If the current wave of a certain timeframe is down, a long trigger line will appear and vice versa
1+2 matches = lines appear accordingly
That is assuming you already done your analysis.

The lines do disappear when the current wave has 'expired'. Meaning, if you have a short trigger off a long wave, it will expire when the long wave has became a short wave, due to price demand beating supply. This helped me many times, to increase my patience on pulling triggers only if it is really there.

Don't try to fight it. Keeps me safe from the impending order flow. If I are too late to enter a trade, accept that I missed it, move on and wait for the next one. The alarm helps to alert me to enter a trade as not to miss it.

Psych zones work differently. The set of zones only appear if current price is closer. e.g. if price is at 1.4549, then the set of zones at 1.4500 will appear. If price is at 1.4551, then the set of zones at 1.4600 will appear. The indicator's panel will tell you which set of zone is currently closer + the distance away.

All this is done to minimize clutter on the chart. If I did not do these, I am sure you will agree it would be really messy. I only want to see what I need. When you think about it, every single thing I put on display is not without purpose.

SBZ = Signal Bender Zone

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