TRO_BuyZone_PMSM
Posted: Fri Jun 22, 2007 4:05 pm
TRO_BuyZone_PMSM
_TRO_BuyZone_PMSM is the Poor Man's Slot Machine version of the Buy Zone.
Some traders are still having trouble with the Buy Zone, so I wrote _TRO_BuyZone_PMSM to make it even simpler:
If top row dot is GREEN, go long.
If top row dot is RED, go short.
The bottom row dot corresponds to the daily candle color. Be careful when you trade against the daily candle color. Take profits quick.
Just to be 100% crystal clear - use this on a 5 minute chart and DO NOT wait for the candle to close!! When you see a red or green dot, that's the entry trigger.
Start out by taking tiny profits like a nickel or dime until you get the hang of it.
ELD attached.
_TRO_BuyZone_PMSM is the Poor Man's Slot Machine version of the Buy Zone.
Some traders are still having trouble with the Buy Zone, so I wrote _TRO_BuyZone_PMSM to make it even simpler:
If top row dot is GREEN, go long.
If top row dot is RED, go short.
The bottom row dot corresponds to the daily candle color. Be careful when you trade against the daily candle color. Take profits quick.
Just to be 100% crystal clear - use this on a 5 minute chart and DO NOT wait for the candle to close!! When you see a red or green dot, that's the entry trigger.
Start out by taking tiny profits like a nickel or dime until you get the hang of it.
ELD attached.