You guys are getting warm for the holy grail......lol
all you need are 2 lines.
entry, exit
doji
TRO BUY ZONE - KEEP IT SIMPLE
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- dojirock
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Re: TRO BUY ZONE - KEEP IT SIMPLE
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
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- volnmar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
dojirock wrote:You guys are getting warm for the holy grail......lol
all you need are 2 lines.
entry, exit
doji
The magic is in moving SL
Just learning
- volnmar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Does anybody trade it for 1 hour period Buy_zones? What does the statistic says about 1Hour sessions? how far from open is best to start with entering trades? How far is realistic to place Take profit?
Just learning
- volnmar
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Re: TRO BUY ZONE - KEEP IT SIMPLE
CAN ANYBODY REWRITE BUY_ZONE INDICATOR TO SHOW HISTORICAL DATA? TO BE ABLE TO BACKTEST IN STRATEGY TESTER MT4???????????????????????????????
Just learning
Re: TRO BUY ZONE - KEEP IT SIMPLE
I wanted to post this sequence as it included both methods that I use . 1st trade was a short from the horiz-line (NY open ). Exit on the trend line . 2nd trade entered on a 123 break , exit on the horiz-line . 3rd trade was another 123 short which broke right at the line also ..it was also a z-line, dragon line, rat reverse, dojo box,partridge in a pear tree...lol. It was hard to miss. I felt pretty good about it so I added @ the hook . Point is ..the horiz-line is a strong magnet and good things happen around it ...
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- aliassmith
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Re: TRO BUY ZONE - KEEP IT SIMPLE
dchappy wrote:I wanted to post this sequence as it included both methods that I use . 1st trade was a short from the horiz-line (NY open ). Exit on the trend line . 2nd trade entered on a 123 break , exit on the horiz-line . 3rd trade was another 123 short which broke right at the line also ..it was also a z-line, dragon line, rat reverse, dojo box,partridge in a pear tree...lol. It was hard to miss. I felt pretty good about it so I added @ the hook . Point is ..the horiz-line is a strong magnet and good things happen around it ...
Trading with a line chart, now you are just showing
off.
Trade Your Way as Long as It Makes Money!
Re: TRO BUY ZONE - KEEP IT SIMPLE
ha ha ..just trying to keep it simple alias ... Btw ,I found this EA for mt4 which may help scalpers ..I haven't used it but will try to post it here . Also , I can't find the $trillion thread .Can anyone post it? Thx ......
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Never mind .....found it.
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Re: TRO BUY ZONE - KEEP IT SIMPLE
dchappy wrote:I wanted to post this sequence as it included both methods that I use . 1st trade was a short from the horiz-line (NY open ). Exit on the trend line . 2nd trade entered on a 123 break , exit on the horiz-line . 3rd trade was another 123 short which broke right at the line also ..it was also a z-line, dragon line, rat reverse, dojo box,partridge in a pear tree...lol. It was hard to miss. I felt pretty good about it so I added @ the hook . Point is ..the horiz-line is a strong magnet and good things happen around it ...
Chappy, thx for this image showing both methods. You have won me over with the recent BZ trading. Quick is the word, though. I am trying to get up to 'speed.' I think previously I had been willing to absorb too large SLs on scalping, but the fast close out makes all the difference.
I was curious whether your insignificant losses did include your spread? If yes, then you are really quick on the close and evidently don't get beat up with much slippage on a fast manual close out. I notice I am losing 1+ on my closes from my visual click to close.
This seems to really suit my personality and time. It is often a case of taking a couple of smaller losses waiting for the more substantial move as you have documented. Take what you can get.
Thanks, C
- TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Yes, TAKE WHAT YOU CAN GET... before it gets taken away.
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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