The Zone Indicator Of Bill Williams Trading Zone

The Zone indicator projects Buy and Sell signals according to Bill Williams definition of the Trading Zone and could be used as a confirmation to add more aggressively to orders opened in the direction of the trend.

How to trade with Zone indicator

According to Bill Williams trading in the zone helps to increase your profits when the market moves in your favour, namely, when acceleration, momentum, and price confirm that you have strong trend. Knowing this, you could add to your positions more aggressively.

However, this is a reactive indicator and arrow signals are displayed after the price has already accelerated. Therefore, the slope and over trend of the lines, rather than the arrows, should be taken as more important.

Lastly, avoid trading markets in consolidation.

Download Now

Free Download