Modification to BUYZONE
Posted: Thu Nov 19, 2009 10:12 pm
Hi TRO.
I was wondering, when a new hour starts. If the BUYZONE lines appear well ABOVE the current candle.
Is there any way/indicator to predict the probability of hitting the buyzone. I know this may sort of be asking "is there any way to predict the future", but I mean specifically the buyzone lines. Like a percentage likelihood etc?
Because, if I could enter a trade earlier knowing that the buyzone would be hit, then the trade usually continues well above the buy-zone giving more pips/profit. If I wait until the buyzone, and it goes beyond then my profit is really between the buyzone and the point in where I sell. If I can make pips earlier, knowing it will enter the buyzone.. Why not enter a trade sooner?
I was wondering, when a new hour starts. If the BUYZONE lines appear well ABOVE the current candle.
Is there any way/indicator to predict the probability of hitting the buyzone. I know this may sort of be asking "is there any way to predict the future", but I mean specifically the buyzone lines. Like a percentage likelihood etc?
Because, if I could enter a trade earlier knowing that the buyzone would be hit, then the trade usually continues well above the buy-zone giving more pips/profit. If I wait until the buyzone, and it goes beyond then my profit is really between the buyzone and the point in where I sell. If I can make pips earlier, knowing it will enter the buyzone.. Why not enter a trade sooner?