BONZ. Using technical indicators to trade.
Posted: Tue May 17, 2022 1:48 pm
There is really no need to introduce MA and the way to trade it is very simple. We'll see how to push this idea to the max.
Not selling anything. Just trying to share some (possibly) good trading ideas
So, chart
Put 2 layers of MA.
Buy if price goes above upper layer,
Sell if it's below.
If it's in the middle, don't trade. That's the No Zone. Thus the name, Break Or "No!" Zone - BONZ.
I designed an EA using similar idea and it passed FTMO challenge 2x after 8 attempts and modifications. We're talking about 18 months ago give or take.
Links to all important posts in this thread:
BEFORE YOU START TRADING...
post162798#p162798
post163190?sid=583d367e5bd30bb3513c83ccc5b3e88d#p163190
How to use Moving Average indicator
post151831#p151831 - BONZ
post151833#p151833 - BONZ
post151895#p151895
post154129#p154129 - BONZ Simplified (1 MA only)
post155447?sid=c301d79de681b7c51569e26156212ed4#p155447
post155712#p155712
post159541#p159541 - BONZ 2023
post159793#p159793 - BONZ 2023
post159847#p159847
post159854#p159854
post163194#p163194 - WIL on BONZ
How to use Stochastics indicator
post154144#p154144
post154862?sid=8c18b975f34bc840a8aa2f46bdcb32ba#p154862
post155712#p155712
How to use Ichimoku Kinkyo Hyo indicator
post159264#p159264
post159378#p159378
post159404#p159404 - Frichi
post159451#p159451
post159460#p159460
post159514#p159514
How to use Bollinger Band indicator
post155461#p155461
post161969#p161969
post162012#p162012
post162016#p162016
post162025#p162025
post162078#p162078 - Fringer
post169835#p169835 added Jan. 04, 2024 (% results shown)
post169847#p169847 added Jan. 04, 2024 (% results shown)
post169856#p169856 added Jan. 04, 2024 (% results shown)
post169978#p169978 added Jan. 04, 2024 (% results shown)
post169979#p169979 added Jan. 04, 2024 (% results shown)
The indicators
(modified to work as a dotted line chart coz I'm just too lazy lolz)
(modified to work as a dotted line chart coz I'm just too lazy lolz)
(TRO put this indicator in his MotherLode but I forgot where so to ease finding it I'll just put it here for those looking for it)
(this is the better version compared to the one from before because this version has a drop down list of the time frame so you only need to choose. It even offers other tf such as 2 minutes, 3 minutes, 6 hours, 8 hours and a lot more).
better version of custom candle indicator
Shifted MTF BB.
Gonna update the links regularly.
Not selling anything. Just trying to share some (possibly) good trading ideas
So, chart
Put 2 layers of MA.
Buy if price goes above upper layer,
Sell if it's below.
If it's in the middle, don't trade. That's the No Zone. Thus the name, Break Or "No!" Zone - BONZ.
I designed an EA using similar idea and it passed FTMO challenge 2x after 8 attempts and modifications. We're talking about 18 months ago give or take.
Links to all important posts in this thread:
BEFORE YOU START TRADING...
post162798#p162798
post163190?sid=583d367e5bd30bb3513c83ccc5b3e88d#p163190
How to use Moving Average indicator
post151831#p151831 - BONZ
post151833#p151833 - BONZ
post151895#p151895
post154129#p154129 - BONZ Simplified (1 MA only)
post155447?sid=c301d79de681b7c51569e26156212ed4#p155447
post155712#p155712
post159541#p159541 - BONZ 2023
post159793#p159793 - BONZ 2023
post159847#p159847
post159854#p159854
post163194#p163194 - WIL on BONZ
How to use Stochastics indicator
post154144#p154144
post154862?sid=8c18b975f34bc840a8aa2f46bdcb32ba#p154862
post155712#p155712
How to use Ichimoku Kinkyo Hyo indicator
post159264#p159264
post159378#p159378
post159404#p159404 - Frichi
post159451#p159451
post159460#p159460
post159514#p159514
How to use Bollinger Band indicator
post155461#p155461
post161969#p161969
post162012#p162012
post162016#p162016
post162025#p162025
post162078#p162078 - Fringer
post169835#p169835 added Jan. 04, 2024 (% results shown)
post169847#p169847 added Jan. 04, 2024 (% results shown)
post169856#p169856 added Jan. 04, 2024 (% results shown)
post169978#p169978 added Jan. 04, 2024 (% results shown)
post169979#p169979 added Jan. 04, 2024 (% results shown)
The indicators
(modified to work as a dotted line chart coz I'm just too lazy lolz)
(modified to work as a dotted line chart coz I'm just too lazy lolz)
(TRO put this indicator in his MotherLode but I forgot where so to ease finding it I'll just put it here for those looking for it)
(this is the better version compared to the one from before because this version has a drop down list of the time frame so you only need to choose. It even offers other tf such as 2 minutes, 3 minutes, 6 hours, 8 hours and a lot more).
better version of custom candle indicator
Shifted MTF BB.
Gonna update the links regularly.