566# Zone Trade System
Zone Trade with stochastic indicator
Submit by Lebosky 16/05/2014
Zone Trade system is an strategy based on the Zone Trade indicator and Stochastic indicator (Stoch cross alert).
indicator (source http://codebase.mql4.com/4797) this is based on the
The indicator is written by the fourth dimension of B. Williams - Trading Zone:
If the current bars of AC and AO are green, it shows that the zone is green.
If the current bars of АС and АО red, it shows that the zone is red.
If the bars of AC and AO are differently directed then the bar is colored grey (grey zone).
Time Frame 15 min, 30 min, 60 min, 240 min, daily time frame.
Markets: forex (all currency pairs also the exotic), Indicies, Futures, Stocks.
Sochastic indicator (Stochastic Cross alert 5,3, 3 ).
Bollinger bands (20:2)
Rules for Zone Trade System
Wait alwais that the bar is colored grey (grey zone).
On the grey zone buy arrow of the stochastic;
On the grey zone sell arrow of the stochastic;
Exit position at the opposite arrow, or make profit at the middle band or predetermined profit target. Initial stop loss is disctretionary.