Attention: All Traders . . .
"Ever Bought Into the High Of Day Or Sold Into The Low Of Day?"
Never Again . . . With Hawkeye Zones!
This module expands the functionality of the Hawkeye method by integration with real-time supply and demand zones and draws future predicting, accurate support and resistance zones on your TradeStation or NinjaTrader charts in real-time.
Supply and demand zones are vividly displayed in real-time giving you why the low or high is where it is.
- Learn how profitable trading can be using supply and demand zones theory
- Clearly see market turning points and breakout zones
- Understand the link between support and resistance and future price action
- Increase your winning trade percentage dramatically using Zone theory
- Integrate your existing Hawkeye strategies with dynamic Zone theory
Using Hawkeye Zones has many advantages:
- Based on reading market consolidation of the previous market conditions
- Pattern recognition
- Ability to see dynamic support and resistance
- Automatically drawn, color coded bounce counts
- Know where retail and wholesale prices are
- Combine multiple time frame zones to generate confluence and market context
Hawkeye Zones can be applied to any type of time chart (minute, hourly, daily, weekly) or specialty charts (tick, renko, share, range…). When using Zones on different timeframes, notice that sometimes the zones overlap, or appear in the same price areas but on multiple timeframe charts. We refer to this as confluence.
We like to see Zones with multiple timeframe confluence. For example, look for a zone using a 5 minute chart, and see if you can see the same zone on a 15 minute chart at the same price area. In addition, look for the same zone on a 60 minute chart, or even on a 240 minute chart and a daily chart. If a support or resistance zone appears on multiple charts in the same area, you have a very high degree of confluence, indicating that price will be affected by that price zone!
Thank you for the shear genius behind Hawkeye Zones. The automatic zones really simplify finding supply and demand areas and help make the picture clear. Trading is hard enough, but the zones and cool colors let you know exactly what is happening in an instance. Thank you for this outstanding product.
– Pat H. (Trader) GA
Hawkeye Zones is a trading system that helps the trader identify key levels of support and resistance, so they can enter and manage low risk, high probability trades in any market. Hawkeye Zones does much of the heavy lifting allowing the trader more freedom and confidence in placing trades.
– Randy D(Trader) TX
Hawkeye Zones is the single most important link in the trading arsenal of my firm. Originally bought for my individual use in my personal portfolio It was obvious this wasn’t just for retail customers. I was fast to implement this software into my firm, Royal Wealth Management’s methodology. This firm is now proud to say we are powered by the Hawkeye Zone software.
– Brian R. (CTA)
Hawkeye Zones nails areas of support and resistance like nothing else I have ever seen. With these key levels, my risk to reward skew is great, and that gives me confidence to take the trade and keep trading simple.
– Frank M Investor
Hawkeye Zone Basics The Confluence of Zones
Most traders, whether they are newbies or seasoned veterans, have come across support and resistance in some way. The methodologies available to calculate support & resistance levels are as varied as the markets we trade in. We often hear gurus on Bloomberg TV say the market is currently hitting resistance at a 50% Fibonacci retracement level, only to be followed up by someone else saying the same area is resistance because it is a Double Top.
If we listen long enough, we’ll hear people talk about moving averages, volume profiles, floor pivots, Elliott waves, as well as, an endless list of methods for identifying support and resistance. The question facing most traders today is which of them, if any, actually work? Well, the answer is that they all do, but only to a certain extent.
Most traders recognize that the market goes through phases. These include accumulation, distribution, bullish, bearish, trending, range bound, high and low volatility, and various combinations of these. These phase shifts lead to one of the most common issues for traders, the “Wow! My strategy worked so well last month, but this month it’s killing me!” syndrome. Most trading strategies are built for certain market phases, and when the markets shift, traders struggle.
So, how does this tie in with our support and resistance zones? Well, at any given point in time based upon the market’s phase or “personality,” certain methods of support and resistance will do well, where others may lag or completely not function at all.
Advanced Price Action Edge
So, we start by taking a very basic way of looking at the market. We believe that no matter how you see them, there are price action support and resistance lines. It’s all based on either previous price action higher highs, lower lows, or a failure to break them. These are basics laws of supply and demand.
Our software highlights and tracks these areas of support and resistance for you, using dynamic creation and self-terminating zones and a color coded bounce count system. These areas can be very old or perhaps created within just the last 3 bars. Our zones are a price predictive system that doesn’t lag. They work great by themselves or together. It is the advanced price action edge!