Big Tape / BuyZone on YM

September 9th, 2009, 01:00 PM

hi,
impressed from websouths template, here todays YM in BigTape-style with 2 perfect BuyZone-Entrys on a 1 Min chart.

here yopu get the basic template :

Download: bigTape

Price Action. Folds in the tape make seeing Support and Resistance easy. Follow the tape to be with the trend. Nothing predicts the future. Can you trade with less clutter? You need ColorSampleUniversalMovingAverage http://forum.bigmiketrading.co …

websouth

and the additional indicators from my version see below.

September 9th, 2009, 01:10 PM

Hey Max,

I was wondering if you could post this Websouth template?

Thanks, Jeff

September 9th, 2009, 02:32 PM

Jeff Castille

Hey Max,

I was wondering if you could post this Websouth template?

Thanks, Jeff

it is here

Download: TradeOneLine

With all the talk of indicators can you trade using just a line in the sand? How about using the hourly open... You will need the indicator from here http://kreslik.com/forums/viewtopic.php?t=811&postdays=0&postorder=asc&start=50 Only works on time …

websouth

SSS

September 9th, 2009, 02:40 PM

Thanks guys for the info.

I'm wondering what the settings are on the houly buy zone indicator? Is there a recommended setting?

Thanks, Jeff

September 9th, 2009, 02:53 PM

jeff,
look at my pic + you see the settings - its 3 , 3 here.
its the ticks offset from the last hour-Close.
it creates the lines + the zone.

September 9th, 2009, 03:16 PM

Thanks Max.... and thanks for the post that brings all the economic news/calendars together.

September 9th, 2009, 03:55 PM

Hey Max,

Do you know if there is a way to change the TRO hourly buy zone indicator to be a "half
hourly" buy zone indicator? I find that trades frequently set up on the half hour so I thought if I could get the indicator to read on the half hour it might be a good experiment.

Also, I'm finding that the indicator does not seem to function well on range bar charts. Is this me or the indicator?

Thanks, Jeff

September 10th, 2009, 03:14 PM

Max -
Thanks glad you like it. Here's an idea
2009-09-10_1407

Jeff that buyzone indicator is only for time based bars - no range, tick, point-o, etc.

September 11th, 2009, 05:08 AM

hey websouth,
i need some more words to what you wanna show me with the pic - lol -- dont get it !

September 11th, 2009, 09:19 AM

I was just showing that the tape hides the edge of a channel when it is rising or falling so when the tape clears the edge of a large channel (donchian50 in the pict) it is easy to see and you can reverse your trade using the channel for a stop.

Donchian channel is the blue step lines in the pict.

Big Tape / BuyZone on YM

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Big Tape / BuyZone on YM