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How You Use the Tiger Time Lanes band shades to create effective forex strategies

There are a number of setups that are derived from the Tiger Time Lanes  band shade formation and the white zone phases. Here we will look at the three most common.

Revision To The Mean Trade – Orange To White:

As we all know price doesn’t move in straight lines. It either moves within a range or it trends in either a long or short direction. But eve when it trends it tends (unless there is some major news event) to do so in a zig zag fashion, moving to a new high / low, then retracing back before continuing its trend and establishing another new high / low.

Why does this happen? Well as mentioned earlier, price is determined by the volume of buy and sell orders. Many traders place orders in the market at various points or levels that they think are important* so when price reaches these areas price can stall or reverse (depending on the number / size of orders). As price retraces or when it has retraced to a certain level, those traders who have been caught with positions on the wrong side of the move, often liquidate their positions, creating second / third wave of buying or selling momentum, pushing price to further highs / lows .

The Tiger Time Lanes grids are so good because the demarcation of the band shades predict, with stunning effectiveness, where these changes of direction will take place.

The most common trade is the Orange to White. It happens on the initial breakout or subsequent secondary move of price. The further the way price is from the white zone and the I minute L1 discs the greater the chance of reversal. The best way to think of it is as if price were attached to a piece of elastic, the further the stretch the more likelihood of it to come back unless the elastic breaks, which would then signify a significant breakout

*It you want to know why they cluster in specific areas you need to understand the concept of collective psychology to know why they cluster in specific areas.

The White Zone Trade:

As emphasized in the explanation of Orange To White trades, price reverses. But at what point does price stop reversing and the second / third wave start? Again the band shades are invaluable because what was once support often becomes resistance and vice versa. The most powerful level of all is the edge of the white zone. For scalping, the edge of the 1 minute is particularly important. As price breaks out and then retraces back to the white zone this has the effect of pushing price way again. Think of an analogy of refueling. The below video demonstrates this effect in action:

For it to be most effective it usually requires a new session high or low to have been made and that it is the first time that price has come back to the white zone from its break out. Think of a ball bouncing on the ground, the higher it is thrown the bigger the likely bounce.

Pre-emptive Reversal Trade:

This trade looks for clues of an ending of the move and a possible more substantial reversal. As pointed out above the white zone goes through a number of phase as it recalculates. More often than not when the white zone collapses, that is a signal that price, at this moment has finally stalled for the time being and that a possible retracement could happen. There are of course several courses of action that you could take. If you are out of the market you could consider this the moment to enter it against the trend. Alternatively, if you are trading with the trend you could take the opportunity to close your trade or to lighten you position (take some profit) obviously, this would be dependent upon your risk reward and your trading plan.

The tiger time lanes forex signal software is made up of several components. As you look at each matrix you can see the back drop to the levels is a series of coloured bands, referred in the live forex trading room as band shades. These band shades are determined by assessing the dynamic price movement using fibonacci ratios. They predict future support and resistance levels with the distance in between being shaded.

The first zone is called the white zone as in the most important zone on the grids. It represents what is “fair value”. What do I mean by that? Bear in mind that ostensibly forex is a relatively free market, where price is determined by the demand and supply for a currency pair (buyers and the sellers). “Fair Value” represents what the calculation has determined to be the natural range that price should be in on a given time frame. This is established using the historical data from that particular time frame (remember this natural price will be different on each time frame). However, price is constantly changing and so therefore the white zones are recalculating on every candle close. This means that when the market is quiet , i.e. where the price range over the time frame is small, for a protracted period, you will find that the white zones on all the time frames line up and the other indicators sit within the whites zone which gives the appearance of a congested area.

The zones either side of the white zone are coloured in various shades of orange. These orange zones get progressively darker the further away from the white zone they are from the natural price. On the basis that price always returns to its natural level (although is by definition the natural level must always be moving) the darker the colour the greater the chance that price will return to the natural level. The demarcation points between the levels, being based on fibonacci ratios, are the places with the highest probability of price change. If on a currency matrix several of these levels are in or close to alignment then that indicates strong areas of support and resistance.

As the white zone is always recalculating when price does move away into the orange zones it reacts and increases in size and follows the price. If or when the momentum of the price stalls for a reasonable period the white zone can collapse (quickly reduce in size) before expanding again to a more normal size. Thus the white zone can be deemed to go through a series of phases in any price move.

Tiger TimeLanes | Forex Trading Signals Software

Categories: Forex Trading Tools, Tiger Time Lanes Forex Signals Software
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The Tiger TimeLanes is a unique software tool that enables traders to more easily predict what will happen to price over various different time frames and see developing forex trading signals across multiple pairs at a glance. The information from the individual time frame is arranged into neat track / lane and when a individual’s currency pair’s tracks / lanes are aligned together it forms a matrix grid.

How are The Tiger Time Lanes calculated?


The algorithms and equations that are made to determine the levels shown on each lane are based on fibonacci calculations. There are two principle components that make up the ingredients for the trading signals.

The first is seven linear weighted fibbonacci levels. Of theses seven the three most important are represented by red, green and black discs with the other three shown as price levels. The second is the level of orange layering (often referred to as band shades). These are based on previous price movement on each particular time frame. The point of change between two colours is a significant barrier and the level is shown at the change.

The most important element is the dynamic nature of both of these elements. This is possible because the levels are recalculated with every tick. This means that the levels themselves always reflect the latest market situation allowing you to reflect any market changes that take place and compensate accordingly.

Forecasting price movement and showing developing forex trading signals



When brought together trading signals are created through the patterns that are formed on the grids. The time frames on the default version cover the shorter time frames 1, 5, 15 and 60 minutes and so are predominantly used for scalping strategies. When price action and current market conditions are factored in by the trader the signals that are provided become extremely powerful with certain patterns achieving success strike rates of 70 to 80%.

The two principle components of the Tiger TimeLanes are the levels marked by disks and the line of demarcation between two shades of orange layers provide levels of support and resistance. Although at first glance you might think that the grid looks very complicated, it is in fact based on the simple principle of support and resistance. When several of these levels combine over different time frames the stronger the level of support or resistance is at that point. So if, when looking at a grid for a particular pair you see the levels in and around the same price point on all four time frames then that indicates a relatively strong area of support or resistance.

In addition, price and the one minute boxes are, in a ranging market, fairly close together. If price breaks out then the one minute disc 1 and 2 quickly follow. If prices moves too far away from these two boxes then it is usually an indication that the market is over extended. Either price will have to spring back toward the disk or it will have to hold while the boxes catch up. Imagine price being on a piece of elastic attached to the one minute box one. If however, price completely runs away from the one minute disks then the probability is that a significant move in the market is happening (imagine the elastic breaking). Instead of looking for retracements we should, in this scenario, be searching for entries to go with the price.

This is just the very basics, the patterns that are formed on the matrix grids by the box positions and the band shades provide a multitude of trading opportunities. Indeed these patterns themselves create a pattern in the order in which they are formed. This is particularly powerful as it can tell you where in the price cycle you actually are.

Tiger TimeLanes

When loaded the TimeLanes, both the TimeLanes matrix grid for the tiger charts, sit on the chart of the appropriate currency pair. The TimeLanes matrix shows four time-frames. The 1min, 5min, 15min and 1HR. This set up is ideal for watching how the price movement between various pairs correlates and provides pinpoint entries to your trades.

In addition by building on top of charts, we are able to utilize additional functions such as one-click trading directly from each TimeLane matrix so reducing the required screen real-estate.

We have a full training library available to enable you to get the most out of the TimLanes.

Using the software

The forex TimeLanes is a powerful piece of software which, if used correctly, can be a license to print money. Learning to use them is actually fairly simply, especially because we have produced a comprehensive training library of over 20 videos that accompanies the TimeLanes. The videos explain every detail of how to set up and use the TimeLanes, as well as covering all the most commonly used trading set ups. In addition, there are hundreds of companion videos that show examples of all the different set ups being taken in live trading situations.


TimeLanes (Lifetime)
Forex TimeLanes
Video Training Library
TimeLanes Only
Forex TimeLanes
Indices TimeLAnes
Video Training Library
FireFly EA
Indices Signals


The Tiger Time Lanes Band Shades: Understanding what they are and how they work
Trading the Tiger Time Lanes Band Shades: Trade set ups

FireFly Auto Trading Software

Categories: FireFly EA, Forex Trading Tools
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No time to trade? Well each of our levels of membership provide access to our FireFly auto trading software for MT4.

What Is FireFly

FireFly is an automated trading strategy coded into a MT4 EA. An automated trading system (sometimes referred to as “black-box trading”) is a computer trading program that automatically submits trades to a broker or to an exchange. Automated trading systems are systematic trading structures based on specific strategy parameters using algorithms to execute pre-programmed trading instructions whose variables may include timing, price, or quantity of the order, or in initiating through the program.
The Trading Logic

FireFly enters trades based on a range breakout approach. The EA uses an algorithm to establish the range and then checks to see if certain conditions are met, one being that the CCI indicator has to be above or below a certain level, the EA sets pending orders for a breakout to the long side or for a breakout to the short side; these orders are reviewed on open of every candle.

Once in a trade there are several possible exit criteria. The main criteria for exiting is a trailing stop. The initial stop is based on a fixed multiple of ATR. The trail is calculated on the value of the upper or lower Keltner channel level and Bollinger Band range. If the overall stop or trail is not activated then there is an overriding parameter of trade length whereby the trade will be exited after a fixed number of periods.

The entry and exit points have been optimised to provide the most consistent profitable results over the back test periods. They have not been optimised for the most profitable scenarios as this could result in “curve fitting”.

As you are aware each currency pair behaves differently from any other. Some pairs are more similar than others. The bottom line is that generally speaking every automated trading system needs to be optimised for the specific currency that it is going to be used on. This particular EA was designed and tested on EUR/USD and is primarily intended for use on that pair. In back testing however positive results were also achieved on GBP/USD, and USD/JPY although bay far and away the best results were achieved on EUR/USD.

In the same way that each pair behaves differently the choice of time frame also changes the dynamics of the EA. The shorter the timeframe the more erratic price action becomes with the result that false triggers can be produced The FireFly EA has be designed to be used on the 1 hour time frame, although good results were also achieved on the 15 minute time frame. Running FireFly on timeframes shorter than 15 minutes or longer than 1HR are likely to produce negative results.
Indicators Used

CCI: An oscillator used in technical analysis to help determine when an instument has been overbought and oversold. It quantifies the relationship between the asset’s price, a moving average (MA) of the asset’s price, and normal deviations (D) from that average.

Keltner Channel: Keltner channel is a technical analysis indicator showing a central moving average line plus channel lines at a distance above and below. The centre line is a 10-day simple moving average of typical price, where typical price each day is the average of high, low and close. The lines above and below are drawn a distance from that centre line, a distance which is the simple moving average of the past 10 days’ trading ranges (i.e. range high to low on each day).

Bollinger Bands: Bollinger Bands are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases.

Bollinger Band Range: Measures the percentage difference between the upper band and the lower band. Band Width decreases as Bollinger Bands narrow and increases as Bollinger Bands widen. Because Bollinger Bands are based on the standard deviation, falling Band Width reflects decreasing volatility and rising Band Width reflects increasing volatility.

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