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The ZoneTraderPro Exhaustion Trade Zip File

 

The zip file can be downloaded here.

The abbreviations in the Excel worksheet are as follows

  1. NTW = No Trade Win based on the ZoneTraderPro TICK strategy
  2. NTL = No Trade Loss based on the ZoneTraderPro TICK strategy
  3. BE = Breakeven
  4. Rev Int = Reverse from Intermediate support/resistance
  5. MFE = Maximum Favorable Excursion
  6. MAE = Maximum Adverse Excursion
  7. Definition of a win = 6 Ticks or more of favorable excursion from the entry point.
  8. Definition of a loss = 4 Ticks from the entry point of the trade
  9. Definition of a breakeven trade = The market trades 4 ticks or more higher, then retraces and takes out the previous high/low. It is important to note that you will rarely buy/sell the exact high/low. Where you enter the trade is irrelevant. Breakeven only refers to what the previous high or low was. Your actual entry could be a small loss, based on your trading plan.
  10. Ticks From Trend = If the trade was started between the intermediate and trend zone, how many ticks was it from the trend zone.
  11. Previous Tick = In the ZoneTraderPro TICK strategy what was the TICK reading on the previous reference point.
  12. Current Tick = In the ZoneTraderPro TICK strategy what was the TICK reading at the time you had to make a trading decision. It is very important to note that when the statistics are developed, the TICK value was considered at the moment when the ES touched the Light Blue Trend Support/Resistance Zone, because this is where you ultimately have to make a decision to trade or not to trade.

The entry point for all statistics is based on a fixed point. For a short trade, it is the bottom of the Zone. For a long trade it is the top of a Zone.

 

 

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