EURUSD Trades

[TheRumpledOne]

Ali.... THE EVALUATOR is to be used to test out new ideas... and if it works, you can use it as a trade trigger.

Congestion tells you when there is congestion based on the input parameters.

But TRO_CONTROL is the latest and perhaps best indicator that I have developed.

[Ali Son]

So, TRO, what is the significance of BSHH and BSLL since we already have a Cycle and PBCycle?

Both measure the lowest low, unless you are talking about a further check of absolutely the highest high/lowest low...sort of an inter/intra cycle comparison. Or, is it the start of the current new/just started cycle since the completion of the last 2 cycles ("Cycle" and "PBCycle").

Thanks.

Been awhile since I looked at that indicator Ali...

Cycle is bars between the last Highest High and Lowest Low

PB Cycle is bars for the previous cycle.

BSHH is bars since Highest High

BSLL is bars since Lowest Low

Right click on the line in the radar screen to change the interval.

[TheRumpledOne]

Think about it...

Cycle and PB Cycle measure the LAST 2 COMPLETED cycles...

BSLL and BSHH are telling you the CURRENT status.

[Ali Son]

Per my message to you yesterday, how are you measuring the cycles, to clearly determine what is an end of one cycle vs. the beginning of another one with such CERTITUDE? What's the formula?

Moreover, yes BSLL/BSHH shows current status, but how are the two working to determine the completion of CURRENT cycle?They don't seem to ever match with the previous two cycles, usually exceeding them far beyond the previous two cycles, so it's unclear how one can gauge the CURRENT cycle.

What's the synchronization between the two for pragmatic use?

[TheRumpledOne]

If you want to know how it works then look at the code.

That will tell you EXACTLY what it is doing.

Seems like you are looking for something that I can't answer.

[TheRumpledOne]

EURUSD hit a low of 1.2835 so far.

I called short at 1.2865

[watzdorf]

Is there a eSignal version of this ? If yes, what's the name?
Thank you,
alex

[TheRumpledOne]

There are many eSignal versions of TRO_Control.

[TheRumpledOne]

Simple

[TheRumpledOne]

EURUSD - THE BIG PICTURE