Replies to post #124234 on Simple's Green Room

[pennies2007]

I think the bars show up the same either way stk. I'm still playing with settings but so far I like the ability to limit the zones that show up. Flipping back and forth between time frames was a nightmare because you'd have tons of zones pop up that weren't even relevant to the larger zones. I ran the fibs across the AU daily zones I got filtered out and guess what...we got a hit dead on the 88.6 fib right at the daily supply zone bottom. I'm running the fibs between the outer levels of both the supply and demand zone. SG is using the 4 hour zones but I'm trying out the daily ones to see how they stack up.

Here's the view from the 4 hour chart with only daily zones selected and with the fib tool in place. Based on the previous daily zone that's next in line at 0.9311, I've got TP set for 0.9320. Let's see how well it works.

[pennies2007]

Here's something else I'm doing. I'm still using the rectangle indicator to draw some zones in manually that the auto indicator either doesn't catch or erases because they were invalidated in the past.

This zone we're in on NU on the daily, for example...that used to be a demand zone. Then it broke down. The indicator would remove this box but I consider these past "broken zones" to be quite valuable since they can now be considered "flip" zones, which Alfonso mentions in one of his videos. So what was demand can now be considered supply and should be shorted on the retest.

NU Daily Chart...