TRO BUY ZONE - KEEP IT SIMPLE

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Anja102565
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Postby Anja102565 » Tue Nov 04, 2008 1:58 am

HI
I would like to use the TRO buy zone for e minis, what do I need to change in order to get it to work?
Thank you! Anja

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willkohsg
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hi there , i'm new to BZ method

Postby willkohsg » Tue Nov 11, 2008 3:47 pm

hi TRO and fellow Buyzone Traders :)


i just want to check with you about the buyzone. - no hurry to reply me ok, take ur time :)

got 2 questions here..


Question 1) if the candle moves out of the blue lines or the red lines, does it mean i have to wait for them to move back to the "zone" before i put out my orders again?

attached a picture here below to show wat i meant:

Image


Question 2) I read that TRO and the others more experienced traders put their limit orders for trades instead of market orders, may i know if it's limit orders at the blue and red outer lines of the zone ??

for eg

limit buy order at buy zone top blue line and

limit sell order at buyzone top red line - there is a possibility of the stop loss being triggered if the currency being traded decides to "whipsaw" around the buy zone range?

thanks a lot for reading my post :)

regards,
william koh

willkohsg
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Postby willkohsg » Tue Nov 11, 2008 5:32 pm

just a trade i did 5 mins ago..

traded off the resistance in the 5 mins chart.. did a sell order when the BZ indicator told me to short- Thanks TRO for coding all these wonderful indicators :)

Q: am i doing it right??

did try to trade in the buyzone+ using the dynamic support and resistance to time a "rebound" off the resistance :)



Image

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 11, 2008 8:38 pm

If you make money, that's all that matters.

I use limit orders at the zone values.
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.

Manwalker
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Postby Manwalker » Wed Nov 12, 2008 4:36 pm

Hello TRO,

is there a MQL4 Buyzone Indicator? I have read a little bit but dont know if I can code me self one, I have use the Open[1] from Day beginning and then callculate above and below 10 Pips the zones, is that right?

And I want to ask you if this is the best strategie for a beginner in forex?

I have also coding my a Resistance Support Indicator that makes a goLong ans goShort Line with x pip distance above and below, I have the Problem in trending market to loosing to much, no solution find for that, have you tipps there for?

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Postby TheRumpledOne » Wed Nov 12, 2008 6:28 pm

Yes, search here at Kreslik. It's the BZ_Skyline indicator for MT4.

Read the FREE BuyZone manuals and then read the NEVER LOSE AGAIN thread.
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.

Manwalker
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Postby Manwalker » Wed Nov 12, 2008 7:28 pm

Ok, I seach and it looks like you want money for this indicator?

BlowFish
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Postby BlowFish » Wed Nov 12, 2008 9:27 pm

No.

try this thread http://kreslik.com/forums/viewtopic.php?t=983 for it.

If you come across an indicator called day borders let me know if you wouldn't mind :)

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Postby Manwalker » Wed Nov 12, 2008 10:34 pm

Ok Thanks for the Link I just dont understand here is te topic but the indicator nowere, here is the link to the page where I have find it: http://kreslik.com/forums/viewtopic.php ... c&start=40

BlowFish
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Postby BlowFish » Thu Nov 13, 2008 12:28 am

Thats the same thread!! or did you expect me to search through it for you? :)

There where several refinements made make sure you have the last one.

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