TAS Indicator: TAS Boxes And TAS VEGA Retracement Trade Entries
Video for the TAS Indicator TAS Boxes and TAS VEGA combined for retracement trade entries.
http://www.envisionchart.com/tas-mark...
Both TAS indicators, boxes and VEGA, are used in this strategy to find retracment trade entries by only entering trades when they come within the bottom 20% of the TAS Box levels. We use TAS VEGA to indicate that the market has entered bullish breakout mode or bearish breakout mode, and then take trades based on a pullback in the market to a level of support and resistance as outlined by TAS Boxes.
We are focusing on trade entries that follow a standard pullback to support levels structure by using the levels of support and resistance in the market outlined by TAS Boxes. The TAS indicator, TAS Boxes, is primarily used to give us the outlined areas of support and resistance, and TAS VEGA is used to clearly show us when the market is in bearish breakout mode or bullish breakout mode.
These are two of the TAS Market Profile indicators in use, and I look forward to creating a host of new content for new users of the TAS Market profile indicators and long standing members. We will be focusing on other indicators including TAS Ratio, and statics as these can give you clear entries and levels of support / resistance.
This method is primarily used for day traders as the levels of support and resistance are often closer to one another, and allow you to quickly enter and exit trades with this method.
Bruce Banks, www.envisionchart.com specializing in Futures and Forex
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The indicators and methods that I use?
Methods: Technical analysis combined with a cursory overview of the market and it’s behavior as a whole. This includes high low mapping, prior resistance/support, multi time frame analysis, technical, and market conditions from outside sources.
Indicators and platform: TAS Market Profile Tools, custom indicators, and NinjaTrader. On our site we offer both training and a TAS Tools Discount
TAS VEGA is one of the key indicators in the TAS Tools indicator suit. It gives you a clear red light green light indication on strength or weakness in the market. With the orange bars giving you even more insight into what market profile is telling you about the current market situation.
TAS Tools works on Bloomberg, NinjaTrader, Meta Trader 4, MT4, eSignal, Gain Capital, and TradeNavigator. It overlays directly on your chart to give you valuable Market Profile Information in an easy to read interface.
The TAS Tools suit includes TAS VEGA, TAS Boxes, TAS MarketMap, TAS Navigator, TAS Ratio, TAS Static PCL support and resistance indicator, and TAS dynamic PCL support and resistance Indicator.
All of these are based off of Market Map which has been a powerful trading tool used for decades to see information that isn't readily available on your trading screen.
These tools work on Forex markets, Futures Contracts, Stocks, and ETF's.
NinjaTrader offers charting and an easy to customize package, it has been my go to platform for years:
www.totaltradinghub.com/ninjatrader
EnvisionChart Website: www.EnvisionChart.com
Trading with Tick and Range Charts For Short Term Profit: https://www.youtube.com/watch?v=u9oUT...
TAS Tools Trading Tip Videos:
TAS Trading Tip VEGA ATR Settings:
https://www.youtube.com/watch?v=uDPn8...
POC Line Thickness
https://www.youtube.com/watch?v=HiE00...
TAS Tools: VEGA Indicator Orange Bars and Scaling Out -Quick tip-
https://www.youtube.com/watch?v=_dkRS...
TAS Tools using TAS VEGA and TAS Boxes For Breakout Trades
https://www.youtube.com/watch?v=5yjju...
Bruce Banks Udemy Courses: https://www.udemy.com/user/trader1867
Bruce Banks Twitter: https://twitter.com/bruce_bank
Sign up for Free Videos and Bonus Content: http://envisionchart.com/free-trading...
More information on TAS Market Profile Tools:
www.EnvisionChart.com