which indicator for MTC

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rkru
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which indicator for MTC

Postby rkru » Sun Feb 01, 2009 9:00 pm

I ran across stockfetcher.com and joined because I am interested in TRO's Milking the Cows. I downloaded his Tradestation indicators from here but I am not sure which one to use. Can anyone clear this up?

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koolbreeze
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Postby koolbreeze » Sun Feb 01, 2009 9:54 pm

rkru,

I use _TRO_BUYZONE

supergonzo
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Postby supergonzo » Wed Feb 11, 2009 9:38 pm

Is this the indicator you are looking for?

SMAA_MTC__TRADE

Middle Message Gap Fill Prev Close Gap Message

308 Above Mid 401.50 -13 -480 GapUp - Short
17 Above Mid 466.00 583.00 -690.00 Filled GapUp - Short
2 SELL SHORT 12.00 20.00 -10.00 Filled GapUp - Short


I found this somewhere, and I am actually wondering how exactly it is used, it obviously has to do with gaps, but not sure what the first column
"middle message" means.

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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 11, 2009 10:48 pm

Middle is (High + Low) / 2.

It tells you when price is crossing the middle and/or how far away price is from the middle.
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Postby supergonzo » Thu Feb 12, 2009 12:38 am

Thank You :D

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