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TRO BUY ZONE - KEEP IT SIMPLE
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- TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: TRO BUY ZONE - KEEP IT SIMPLE
TheRumpledOne wrote:https://www.kreslik.com/forums/download/file.php?id=19811
Hi Avery,
Which template/indicators do reproduce the BZ chart above?
Thanks
Re: TRO BUY ZONE - KEEP IT SIMPLE
vsmt wrote:TheRumpledOne wrote:https://www.kreslik.com/forums/download/file.php?id=19811
Hi Avery,
Which template/indicators do reproduce the BZ chart above?
Thanks
NO NO NO. You need no indy or template for the flipping BZ. Pick a sessions/hours open add subtract 4 pips from that. Then go long/short when price crosses. Do that every hour with a 10 pip sl and a tp of at least 1 to 1.
Or u can be smart and look to weave it into other price action, that way you can target larger TP with a nice and small SL. Look for 123/TTE entries. Or Larger/smaller bodies with at least 1, prefer 2 IB. Then you can get an early entry and target an hourly exit instead of "price moved 4 pips so I took it BS".
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Re: TRO BUY ZONE - KEEP IT SIMPLE
All you need from TRO is the range indicator (which I still don't have and want), custom candle and crash zone. To me the rest is nothing PA cant tell you.
And no one reading this better think Im hating on TRO. Cuz its far from it. Im sure he could out trade me any day
And no one reading this better think Im hating on TRO. Cuz its far from it. Im sure he could out trade me any day
- TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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Re: TRO BUY ZONE - KEEP IT SIMPLE
vsmt wrote:TheRumpledOne wrote:https://www.kreslik.com/forums/download/file.php?id=19811
Hi Avery,
Which template/indicators do reproduce the BZ chart above?
Thanks
Just need the buy zone indicator - attached.
Don't do this every hour. Better to use session beginnings. It is simple to understand. When NY session begins, price "needs" to go "somewhere". It will range. The range is larger than the buy zone. That's why the buy zone works!
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- TRO_BUY_ZONE.mq4
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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.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: TRO BUY ZONE - KEEP IT SIMPLE
Assuming a 10 pip sl and tp, here is GU BZ trades for NY open. 2 nices losses. Good luck!!! Remember ameaturs set the open price and pros the close.
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- TheRumpledOne
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Re: TRO BUY ZONE - KEEP IT SIMPLE
Mr. Hyde wrote:Assuming a 10 pip sl and tp, here is GU BZ trades for NY open. 2 nices losses. Good luck!!! Remember ameaturs set the open price and pros the close.
Why do you assume a TP/SL?
Why not trade "in the moment"? I am up 5, now up 4, now up 3, maybe exit? Up 2? Exit? Up 1? Exit? Which way is price heading?
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: TRO BUY ZONE - KEEP IT SIMPLE
TheRumpledOne wrote:Mr. Hyde wrote:Assuming a 10 pip sl and tp, here is GU BZ trades for NY open. 2 nices losses. Good luck!!! Remember ameaturs set the open price and pros the close.
TRO003.png
Why do you assume a TP/SL?
Why not trade "in the moment"? I am up 5, now up 4, now up 3, maybe exit? Up 2? Exit? Up 1? Exit? Which way is price heading?
The zone is 8 pips wide. Then add a extra 2 for the spread and slippage. So you risked 10 pips for 5. Not my cup of tea. It wasn't meant as a put down. Just letting him know what he is getting into.
Re: TRO BUY ZONE - KEEP IT SIMPLE
When NY session begins, price "needs" to go "somewhere". It will range. The range is larger than the buy zone. That's why the buy zone works!.....,
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