black zones up or above in my screenshots are always daily zones.
Trading Institutional Order Flow
- #10,062
- Jan 9, 2023 10:59am Jan 9, 2023 10:59am
Following up on these latest videos by AKT, I'd like to share my own "tool" to save time on scoring zones.
If you have a very basic understanding of how to modify HTML and JS, you can adjust it to your preference.
For those of you that do write code, i haven't used these languages in years (i know it is poorly written code but it works, the focus is on trading
)
So far this is the system i have been using. Maybe it is useful to someone.
If you have a very basic understanding of how to modify HTML and JS, you can adjust it to your preference.
For those of you that do write code, i haven't used these languages in years (i know it is poorly written code but it works, the focus is on trading
)So far this is the system i have been using. Maybe it is useful to someone.
black zones up or above in my screenshots are always daily zones.
Hi Akt
I have a question regarding freshness of a zone, here is a rally base rally weekly demand zone ,from what I see, the zone is formed when the candle(with the blue arrow) removes the opposing zone(or closes above or with penetrates with 1 tick) now, it wicked down as it left ,but that's before it removed the opposing zone, now before price returns, can I consider this zone as fresh?
And if its so (that its fresh) , would this then be a valid confirmation trade(Not that its an imperetive for me to take the trade or not
I have a question regarding freshness of a zone, here is a rally base rally weekly demand zone ,from what I see, the zone is formed when the candle(with the blue arrow) removes the opposing zone(or closes above or with penetrates with 1 tick) now, it wicked down as it left ,but that's before it removed the opposing zone, now before price returns, can I consider this zone as fresh?
And if its so (that its fresh) , would this then be a valid confirmation trade(Not that its an imperetive for me to take the trade or not
- #10,072
- Jan 14, 2023 8:56am Jan 14, 2023 8:56am
- | Commercial User | Joined Jan 2016 | 2,682 Posts
Hi Akt I have a question regarding freshness of a zone, here is a rally base rally weekly demand zone ,from what I see, the zone is formed when the candle(with the blue arrow) removes the opposing zone(or closes above or with penetrates with 1 tick) now, it wicked down as it left ,but that's before it removed the opposing zone, now before price returns, can I consider this zone as fresh? And if its so (that its fresh) , would this then be a valid confirmation trade(Not that its an imperetive for me to take the trade or not
Thank you for the question
A zone is not fresh if prices have come back to test it. In this case you show, notice the candle that wicks down into the level is after the candle that represents the move out of the zone, showing that the zone was already formed and then retested. The retest in this case was quick but it is a retest nonetheless.
hope that helps
best wishes
Be careful what you think because your thoughts run your life..Solomon
- #10,073
- Jan 14, 2023 9:00am Jan 14, 2023 9:00am
- | Commercial User | Joined Jan 2016 | 2,682 Posts
Be careful what you think because your thoughts run your life..Solomon
- #10,075
- Jan 14, 2023 5:12pm Jan 14, 2023 5:12pm
{quote} What indicator would that be? Looks like it could save some time browsing charts drawing everything out manually?
nope its not indicator. i drew it manually using line template. i just draw the most recent and obvious peaks or lows or equal high/low or Break of Structure.
three indicators i normally use r in the red box. i use them for extra odds enhancers.
