BuyZone for Dummies

[TheRumpledOne]

John.. please post the charts so we can SEE them. Not everyone has word. Thanks.

[johnsund]

Based on what price has done during the current and previous 3 candles, what do you suppose was happening on the MM CC and MM Control panels? Perhaps they were substantially GREEN, saying GO LONG? It is now in the noon hour in NYC. Yet during the first 20 minutes into the noon hour 4 of the 6 pair I watch and trade have triggered for a minimum of +6 pips, and the other 2 have yet to do much. Too easy!!! Thans TRO.

C:\Documents and Settings\Johns\Desktop\chart1 08 2410.gif

[tfg]

Thanks, johnsund. Your postings are very useful.

You don't happen to know which motherlode the TRO2010_Multimeter_CandleColor is? I can find TRO2010_Multimeter_Internal...just struggle to dig out the Candle Color one. Thanks.

Here is my first example. I added the gauge only from TRO2009_SR_RR, and TRO2010_MulitiMeter_Candle_Color. These were added to let me know what the larger time frames were doing. In both cases they said to me that price would PROBABLY go up. MMCC is green out thru H4 and bias on SR_RR is up strong.

So, looking at the BuyZone at the tiop of the hour, the long trigger at 85.286 would have been entered with a 6 pip TP, and 7 pip SL.

Note that price hit the dashed green line at 85.356 for 6 pip profit. This is way too easy and profitable, and repeats itself over and over and over again. Thank you Avery!!!

[johnsund]

tfg - sorry but I had a typo in that original post. The MM CC I am using is a donational 2009 version. If you search TRO_Multi_Meter_CandleColor here on kreslik the free version will come up. As far as I know it is the same as the donational version.

[johnsund]

Another easy 6 pips. Top of the hour, price entered the long Buyzoneand before the end of the first 5 minute candle price had hit the 6 pip TP.







C:\Documents and Settings\Johns\Desktop\chart1 08 26 10.gif

[TheRumpledOne]

Hey John:

1) Click on your chart

2) Press the <F8> key

3) Click on the COMMON tab

4) Click on CHART SHIFT

That should get the candles out of the range gauges.

[tfg]

Avery, what does the indicator TRO Multi Meter Control indicate?

Hey John:

1) Click on your chart

2) Press the <F8> key

3) Click on the COMMON tab

4) Click on CHART SHIFT

That should get the candles out of the range gauges.

[TheRumpledOne]

Avery, what does the indicator TRO Multi Meter Control indicate?

Shows if sellers, buyers or no one is in control based on where price is compared to previous candle.