All posts in Tiger Time Lanes Forex Signals Software

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
Comments Off on Tiger TimeLanes | Forex Trading Signals Software

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

Tige_TimeLanes

 

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.

The Tiger TimeLanes Software: Two Versions

The Tiger TimeLanes software is available in two forms, a version that runs on an MT4 platform and as a Cloud based platform that is accessed through your browser.

MT4 Tiger TimeLanes

MT4 is far and away the most dominant trading platform out there and so we have developed a version of the TimeLanes that sits on top of a chart. When loaded onto a chart the TimeLane matrix grid for that charts currency pair appears, showing 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 the MT4 platform we are able to utilize additional functions to provide one click trading directly from each TimeLane matrix.

One of the biggest advantages of using the MT4 version of the Tiger TimeLanes is that it minimizes the use of screen real estate as all your TimeLanes and charts reside inside your existing platform.

The MT4 version of the software is a one off purchase of just $67 which includes a lifetime of updates and full access to our Training library which contains over 20 hours of videos on how to best use and utilize the TimeLanes for FREE.

Tiger TimeLanes Cloud Based Software

TimeLanes-1The most comprehensive way to view and utilize the TimeLanes is through the Cloud based application. It allows you incredible flexibility with a suite of enhanced features. The Cloud based TimeLanes allow you to access up to 20 pairs with each pair having up to 9 timeframes that you can choose to display.

Every pair you choose can be set up exactly the way you want with a very simple process. The initial choosing a pair creates a matrix and in this matrix you can have as many or as few time frames, in any combination, that you want. For example you could set up EUR/USD to display the 1min, 5min, 15min, 30min time frames on one matrix and GBP/USD with 1,5,15, 1HR and Daily on another matrix. You have have multiple matrixes for each currency, so you you have to or 3 matrix grids for EUR/USD one set up for scalping using short term time frames and one set up for longer term trades using a combination of both short and long term timeframes. The beauty of this method is that it allows you to design your own individual layout in terms of both the individual pairs matrix and you own personal trading style. In addition you can create trading personas so that you can set up different trading layouts for different trading strategies that you employ. These trading personas can be toggled between with just a couple of clicks.

A key feature of the Cloud based Tiger TimeLanes also have a unique charting application that displays the historic levels of the bands shades, documenting where the Fibonacci levels have been and how they have moved. This is particularly useful in utilizing the White zones (there is a particularly powerful scalping strategy that utilizes the expansion and contraction movement the white zone makes as price cycles) and seeing which particular levels and on which time frames have provided the best support over a given period.

The Cloud based software platform is a monthly subscription of $129 or quarterly subscription of $249 and includes access to the MT4 TimeLanes plugin and the Video Training Library.

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.

 

MT4 TimeLanes (Lifetime)
$67
MT4 TimeLanes Plugin
Video Training Library
 
 
 
Cloud TimeLanes Suite
$129/mo
Cloud TimeLanes Suite
Video Training Library
Access To MT4 TimeLanes
One to One Coaching*
FireFly EA
Cloud TimeLanes Suite (Lifetime)
$997
Cloud TimeLanes Suite
Video Training Library
MT4 TimeLanes Plugin
One to One Coaching*
FireFly EA

Resources:

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


 
This site uses cookies. Find out more about this site’s cookies.