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TRO BUYZONE2 PMSM

Posted: Sun Jun 24, 2007 6:33 pm
by TheRumpledOne
UPDATE: TRO BUYZONE2 PMSM



Added a row for the 5 minute candle color.

Row 1 is trade trigger

Row 2 is 5 minute candle color

Row 3 is 60 minute candle color

Row 4 is daily candle color.

Updated ELD attached.

TRO BUYZONE2 PMSM



There was a request to include the 60 minute candle color.

First row is trade trigger: green = long, red = short.

Row 2 is 60 minute candle color

Row 3 is Daily candle color.

ELD and Workspace attached.

Posted: Mon Jun 25, 2007 10:15 am
by alichambers
Thanks Avery. I'm really focusing on the BZ now and trying to nail it on GBP:USD.

Do you only take a long trade if:

a) Green candle entering LongZone

AND

b) 60min candle = GREEN

AND

c) Daily candle = GREEN???

Posted: Mon Jun 25, 2007 11:05 am
by Patch
TRO

At last we are getting TS code like the eSignal code.

Thank you very much,

Patch
In VA

Posted: Mon Jun 25, 2007 11:25 am
by vittorio
HI,

I setup a new custom session FOREX_DST_LONDON.
Then I changed the buyzone inputs to match the GBPUSD.

All works fine, but (maybe) there is a little problem
in the behavior of theTRO_BuyZone2_PMSM indicator:
today in row 1 (trade trigger) the color is almost always
yellow .
(only at 7 it was red but the indication was
wrong)

Thank you
Vittorio

Posted: Mon Jun 25, 2007 12:04 pm
by TheRumpledOne
alichambers wrote:Thanks Avery. I'm really focusing on the BZ now and trying to nail it on GBP:USD.

Do you only take a long trade if:

a) Green candle entering LongZone

AND

b) 60min candle = GREEN

AND

c) Daily candle = GREEN???



Row 1 is the TRADE TRIGGER... if it is GREEN, go LONG.

***WARNING***
This indicator does NOT include dynamic support/resistance. You'll have to add that to the chart yourself and trade accordingly.

Posted: Mon Jun 25, 2007 12:05 pm
by TheRumpledOne
Patch wrote:TRO

At last we are getting TS code like the eSignal code.

Thank you very much,

Patch
In VA


What are you talking about?

I haven't written an eSignal indicator in over a month?

Posted: Mon Jun 25, 2007 12:12 pm
by TheRumpledOne
vittorio wrote:HI,

I setup a new custom session FOREX_DST_LONDON.
Then I changed the buyzone inputs to match the GBPUSD.

All works fine, but (maybe) there is a little problem
in the behavior of theTRO_BuyZone2_PMSM indicator:
today in row 1 (trade trigger) the color is almost always
yellow .
(only at 7 it was red but the indication was
wrong)

Thank you
Vittorio


Post a screenshot so I can SEE what you are talking about.

Posted: Mon Jun 25, 2007 12:22 pm
by vittorio
Post a screenshot so I can SEE what you are talking about.


screenshot of GBPUSD .

I used last version of _TRO_BUYZONE, TRO_BUYZONE2_PMSM, TRO_DYNAMIC_FIB_SR.
I posted the workspace used.

Posted: Mon Jun 25, 2007 12:33 pm
by alichambers
Understood on trading the Row 1 candle direction and using it as a trigger.

However, why put 5,60min and daily candle directions? Do you use these as added confirmation (ie. all these are green to confirm row 1)?

Posted: Mon Jun 25, 2007 12:35 pm
by vittorio
Post a screenshot so I can SEE what you are talking about.


the workspace.