THE BUY ZONE FOR DUMMIES INDICATOR
THE BUY ZONE RULES
Go long on green (bull) candle in the long zone and short on red (bear) candle in short zone.
I reset the Buy Zone at the start of the hour.
Or you can use the London, New York and Sydney open prices.
SL is 5 to 7 pips.
TP is whatever you can get before it goes against you.
Knowing the hourly range allows you to make more pips.
Having an idea how the price is moving allows you to exit when things start to go against you.
Being able to see multiple time periods also helps.
MESSAGE FROM THE RUMPLED ONE
These indicators are really NOT for sale. I send them, as a THANK YOU, to people who make a CONTRIBUTION into my PayPal account. But to comply with the rules of this forum, I can only show them and discuss them in this section.
I have been posting FREE indicators for TradeStation and eSignal for years. In Dec 2007, I started coding MT4 indicators and started to share them with the world.
I created the BUY ZONE years ago. The Buy Zone has been used to trade stocks, currencies, futures, etc... just about everything except baseball cards, booble head dolls, comic books and beanie babies...LOL! The Buy Zone has been proven mathematically, physically, geometrically and statistically.
The BUY ZONE FOR FOREX MANUAL is available for FREE. Traders from all over the world have downloaded it.
Q) Why don't you just sell your indicators?
A) I believe if my indicators are any good, then I should be able to use them and make all the money I want and I should be able to AFFORD to give them away. Also, people have helped my in both my programming and trading careers. So to PAY IT BACK and PAY IT FORWARD, I give my indicators away for free.
Also, in the old days, there was something called SHAREWARE. Programmers would offer their code for free. If you found it useful, they would hope you would make a CONTRIBUTION to support their efforts. That is the path I have taken.
Q) If you give your indicators away for free, why do I have to make a CONTRIBUTION to get the BUY ZONE FOR DUMMIES VERSION?
A) If someone makes a CONTRIBUTION or sends me a gift, I like to give something back as a THANK YOU. So I have a couple of indicators that I "hold back" for that purpose. You do not need the BUY ZONE FOR DUMMIES VERSION to make money using the Buy Zone.
Q) How much do I have to CONTRIBUTE or is there a minimum CONTRIBUTION?
A) You do NOT have to CONTRIBUTE. But if you choose to, CONTRIBUTIONS usually range from $50 to $1000.
I would like to say THANK YOU to owners and admins of this site. They have had to endure some people who were not very nice because I started posting about the BUY ZONE. But my supporters far outnumber my detractors. I would like to say THANK YOU to each and everyone of my supporters.
Linear Mode
