TRO BUY ZONE - KEEP IT SIMPLE

[letstrade]

First off, Thank you all for such a rich learning ground!

I am trying to get the Buy Zone indicator setup, and have read this entire thread, so I am aware of following the instruction (LOL). My first quandry is what values for time should I use for the custom session FOREX_DST_LONDON. I pray this simple Q will not ruffle anyone.

Just to have a starting point, I used weekdays 08-17:00 (sse attached picture). So I think I have followed the guidelines in this thread, built custom session, imported latest ELD, opened workspace, and I only see the price and Dyn Fibs. OK, It's Sunday, so maybe the 'market must be open' comments suggest why I dont see the lines, but can someone point me to where I may reseacrch appropriate timevalues to put in the custome seesion... Please!

I have taken some basic FX classes, but if my Q implies I am still WAY TOO GREEN, please feel free to direct (nicely).

Please be gentle, this is my first post here!

Thanks again all! (and TRO especially!)

[letstrade]

Well, after 4 hours of reading this thread, and asking my first Q, I found the $Trillion thread, and it looks like Avery already posted his session settings there... Luckily, I too live in AZ, so I will simply mimic his settings.

I guess I should now read the next100 pages of that thread before asking another question!

Thanks anyways!

[tradewiz]

HI, TRO

i am just wondering if you've posted any indicator that can alert me
when the price approaching the open price through out the day? thanks.

[entropy]

HI, TRO

i am just wondering if you've posted any indicator that can alert me
when the price approaching the open price through out the day? thanks.

Here is a great indicator I use to notify me when price gets close to a target. Simple and very effective. It is for MT4 as I do not use TS.

Here is a video on how to use it. http://www.youtube.com/watch?v=5Ds1BZl78xQ

Best Regards,
Dave

[TheRumpledOne]

I wrote a PRICE ALERT indicator in TS. Just use DAILYOPEN or OPEND(0) as the input price.

I wrot PRICE ALERT 2... allows 2 inputs...

So you could place alerts at open +/- 4 pips.

[bh11111]

What would you change the inputs to for the esh08 with the Buy Zone indicator? I used the workspace and indicator you gave and after changing the symbol to the s&p march contract all I got was the white line and no buy or sell zones.
Thanks, Bill

[elis58]

didn't understand. is it also for stocks ? how can we aplly 0.10 ,0.20 to stocks like aapl with day range of dolars ? it immidiatly pass this range

thanks

[TheRumpledOne]

You have to be quick... that's how!

[winny]

TRO,
Is it possible to use the buy Zone on higher time frames ?
60 min, 240 min, 1 day
And if so, what interval/parameters would you use for trading eur-usd ?

[TheRumpledOne]

BuyZone can be used on anytime frame because it is PRICE BASED.

EURUSD zones are open +/- 3 and 4 pips.