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When I set hilo of timeframe to 16,15,9,29 it plots the range from 929 - 1615 . Is there a way to get it to plot the overnight session range ( 1615 - 929 ) or did I miss something when I set it up ?
thanks much .
Can you help answer these questions from other members on NexusFi?
For Tro_hourly buy zone, you can see from high to low is 1 point=4 ticks, for Tro_Buy zone it is 2 points, normally if you trade tro_hourly breakup/down, you can set your stop above/below 1 tick for the buyzone high/low, for me my stop is 4-5 ticks, that is why.
For Tro_Buy Zone, I consider it is a up/down trend indication, if price is above/below the Blue/Red zone, it is clearly a up/down trend. If you apply the template, and watch the 5 min chart for 20-30 days back, you will get something. But for other instruments, like YM, NQ, CL, you need to adjust the range according to your trading style and stoploss.
Very cool - Thanks Mahlonhersh. I went all the way thru the Indicator Downloads, saw this one and kept moving - I need to read about these a little more carefully.
John
Anyone trading range bars, instead of ticks or minutes?
Seems sweet for all of the commodities.
Even CL is great trading 3 - 4 range, YM 10 range, ES 5 range, TF 8 range,
please take a look and give me your comments please.
Thanks to Jeff for the Forum.
Good work Jojo,....nice trade....yes I prefer range bars......there are limitations inherent to all bars but the range bars eliminate time and transactions as a factor and I like that.
