PZ The Zone

4.33

This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  | 👉 Get Help ]

  • Easy to use and understand
  • Avoid trading flat markets
  • Deterministic indicator with clear rules
  • The indicator is non-repainting
  • It implements alerts of all kinds
It has straightforward trading implications.
  • A blue arrow is a buy signal
  • A red arrow is a sell signal

    According to Bill Williams trading in the zone helps to maximize/double/triple profits when the market goes your way, namely, when momentum, acceleration and price confirm that you have strong trend or acceleration period. Armed with this information, you can add to positions aggressively. Please, note that this is a reactive indicator and signals are triggered after the price has already accelerated. It can be used to get into trends safely or adding to positions aggresively. For the record, it makes use of the following:

    • Alligator to find strong trends
    • AC and AO to identify trading zones
    • MACD to avoid trading exhausted trends


    Input Parameters

    • MACD Fast: Parameter for the Alligator Indicator
    • MACD Slow: Parameter for the Alligator Indicator
    • MACD Signal: Parameter for the Alligator Indicator
    • Jaws Period: Parameter for the Alligator Indicator
    • Jaws Shift: Parameter for the Alligator Indicator
    • Teeth Period: Parameter for the Alligator Indicator
    • Teeth Shift: Parameter for the Alligator Indicator
    • Lips Period: Parameter for the Alligator Indicator
    • Lips Shift: Parameter for the Alligator Indicator
    • Alerts: enable or disable visual alerts, mail alerts, push alerts or sound alerts.

    Author

    Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    Değerlendirmeler 6
    11808337
    26
    11808337 2023.11.13 21:37 

    This indicator is profitable. You'd have to combine with another trend following indicator for confirmation.

    Daniel Schwoerer
    1271
    Daniel Schwoerer 2022.09.20 15:10 

    Excellent indicator

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    Ian Andrew Nicholson
    5 (1)
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    PZ TRADING SLU
    3.8 (5)
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
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    PZ Harmonacci Patterns
    PZ TRADING SLU
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    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
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    PZ TRADING SLU
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    Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  | Get Help ] Find overbought or oversold currency pairs easily Plot up
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    PZ Trade Pad MT5
    PZ TRADING SLU
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    PZ Inside Bars MT5
    PZ TRADING SLU
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    PZ Turtle Trading MT5
    PZ TRADING SLU
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    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
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    PZ Pivot Points MT5
    PZ TRADING SLU
    4.91 (22)
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    PZ Turtle Trading EA
    PZ TRADING SLU
    5 (1)
    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f
    FREE
    Transform your trading approach with reliable bullish and bearish patterns [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue
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    PZ Three Drives
    PZ TRADING SLU
    5 (2)
    This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl
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    PZ Trendlines
    PZ TRADING SLU
    4.27 (11)
    Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, softwar
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    Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] A value of zero means the market is absolutely flat A value of 100
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    Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound ale
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    PZ Inside Bars
    PZ TRADING SLU
    4.2 (5)
    Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of
    FREE
    Filtrele:
    11808337
    26
    11808337 2023.11.13 21:37 

    This indicator is profitable. You'd have to combine with another trend following indicator for confirmation.

    Daniel Schwoerer
    1271
    Daniel Schwoerer 2022.09.20 15:10 

    Excellent indicator

    John Winsome Munar
    3471
    John Winsome Munar 2022.06.15 01:32 

    Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

    Fernando Alonso
    1055
    Fernando Alonso 2021.03.20 21:52 

    Best

    DarknezzGR
    240
    DarknezzGR 2020.07.12 00:33 

    Good when the trend is clear, give good signals, but when the trend changes in gives many false signals in wrong position

    [Silindi] 2020.03.15 01:59 

    Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

    Değerlendirmeye yanıt