Summary of "馃専KillZones Hunt + Sessions Indicator to TradingView - Free - [TradingFinder]"
The video discusses the "Kill Zones Hunt" indicator available on TradingView, which helps traders identify volatile trading periods known as "Kill Zones." The main financial strategies and methodologies presented include:
Key Financial Strategies:
- Kill Zone Trading: Traders focus on specific time zones during trading sessions that are known for high volatility and frequent trading.
- Three Trading Models:
- Hunting in the Kill Zone: Traders look for opportunities within the Kill Zone.
- Breakout and Pullback to the Kill Zone: Traders enter trades when the price breaks out of the Kill Zone and then pulls back.
- Trading Towards the Kill Zone: Traders identify order blocks and enter trades when prices return to these blocks.
Methodology:
- Indicator Application:
- Access the Kill Zones Hunt indicator on TradingView and add it to favorites for quick access.
- Apply the indicator to the chart to visualize session ranges and Kill Zones.
- Trading Steps:
- Observe price reactions at the high and low lines of the Kill Zone.
- Enter trades based on price hitting these lines (indicating a bottom) or breaking below (indicating a strong reaction).
- Use breakout and pullback strategies as prices stabilize within the Kill Zone.
- Identify order blocks during uptrends to enter trades when prices return to these ranges.
- Customization:
- Traders can customize the display of session times, colors, and alerts for price movements within the Kill Zone.
Alerts and Information:
- Traders can enable alerts to notify them when prices reach significant levels within the Kill Zone.
- Additional information such as trading volume can be displayed for better decision-making.
Presenters/Sources:
Category
Business and Finance
