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TheRumpledOne
rank: 1000+ posts
Age: 54
Joined: 14 May 2006
Posts: 6736
Location: Tucson, Arizona
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_________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!
You are on the internet - If you (google) search for it, you'll probably find it.
DRAIN THE BANKS T-shirts here: http://www.drainthebanks.com
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techboy
rank: <50 posts
Joined: 03 Oct 2009
Posts: 5
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| Please understand my ignorance, Im a newbie here, Just want to ask, Why do we have to look for 15 min chart to place a trade, can we not just trade on a particular chart alone, after all signals are present whatever chart you are using? Thanks
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TheRumpledOne
rank: 1000+ posts
Age: 54
Joined: 14 May 2006
Posts: 6736
Location: Tucson, Arizona
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Feel free to use any timeframe you want to use.
This method was designed and tested on the M15.
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_________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!
You are on the internet - If you (google) search for it, you'll probably find it.
DRAIN THE BANKS T-shirts here: http://www.drainthebanks.com
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sunnyboy
rank: <50 posts
Joined: 05 Oct 2009
Posts: 2
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Hi Rumpledone,
I am a total newbie and have been following your forumn. Could u explain what is a semafor. Also i have downloaded the motherloades but how can i get instructions on how to use them. Appreciate your help as i have already lost a lot of funds. Thanks
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TheRumpledOne
rank: 1000+ posts
Age: 54
Joined: 14 May 2006
Posts: 6736
Location: Tucson, Arizona
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_________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!
You are on the internet - If you (google) search for it, you'll probably find it.
DRAIN THE BANKS T-shirts here: http://www.drainthebanks.com
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techboy
rank: <50 posts
Joined: 03 Oct 2009
Posts: 5
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To my understanding TRO, DTB indicator is designed and tested for scalping type of activity? can you differentiate the difference of a 1,2 or 3 appearing in a candle. Is my understanding correct? that if a number 3 semaphor appear on the low side, the next 3 semaphor will appear on the high side of a candle. Can this be use as a signal for buy or sell?
Thanks in advance.
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fres
rank: <50 posts
Joined: 25 Sep 2009
Posts: 7
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| TheRumpledOne wrote:
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TRO,
What is the "Current Range" being referenced by the gauge (tro_range_ez) on the lower right corner? Is it the range from high to low for that particular hour ?
Thanks
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TheRumpledOne
rank: 1000+ posts
Age: 54
Joined: 14 May 2006
Posts: 6736
Location: Tucson, Arizona
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| Yes, range of the current bar. The current M15 bar is 31 pips from high to low.
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_________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!
You are on the internet - If you (google) search for it, you'll probably find it.
DRAIN THE BANKS T-shirts here: http://www.drainthebanks.com
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TheRumpledOne
rank: 1000+ posts
Age: 54
Joined: 14 May 2006
Posts: 6736
Location: Tucson, Arizona
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| techboy wrote:
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To my understanding TRO, DTB indicator is designed and tested for scalping type of activity? can you differentiate the difference of a 1,2 or 3 appearing in a candle. Is my understanding correct? that if a number 3 semaphor appear on the low side, the next 3 semaphor will appear on the high side of a candle. Can this be use as a signal for buy or sell?
Thanks in advance.
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There is no DTB indicator. DRAIN THE BANKS is a template that has a few indicators. The main indicators are the TRO_DYNAMIC_FIBS_SR_TRAIL and the 3_LEVEL_ZZ_SEMAFOR_TRO_MODIFIED_VERSION.
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_________________
IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!
You are on the internet - If you (google) search for it, you'll probably find it.
DRAIN THE BANKS T-shirts here: http://www.drainthebanks.com
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Leviathan
rank: <50 posts
Joined: 26 Sep 2009
Posts: 15
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| I'd seen in another thread that someone believed these strategies only work well with ECN brokers. Do you feel that's true?
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