You will find in the Object Tree three items: Long Zones, Short Zones, and Trading Ranges.
For the Long and Short Zones, those are areas I am waiting for price to come into prior to taking the next trade. They are derived with standard Fibonacci, volume zones, and areas of volatility. There is an alert (Horizontal Ray) for each box that is placed at an area that will be sufficient enough to give the user time to watch the market and verify indicators for confluence before the price fully develops into the set zones. When confluence is confidently displayed, trades in the respective direction will be taken.
Trading ranges are the volume sessions for the current session, the lower session, and the higher session. These zones I will look to scalp top to bottom, while using the Long/Short zones as added indication of when to leave or enter trades.
Thanks!
For the Long and Short Zones, those are areas I am waiting for price to come into prior to taking the next trade. They are derived with standard Fibonacci, volume zones, and areas of volatility. There is an alert (Horizontal Ray) for each box that is placed at an area that will be sufficient enough to give the user time to watch the market and verify indicators for confluence before the price fully develops into the set zones. When confluence is confidently displayed, trades in the respective direction will be taken.
Trading ranges are the volume sessions for the current session, the lower session, and the higher session. These zones I will look to scalp top to bottom, while using the Long/Short zones as added indication of when to leave or enter trades.
Thanks!