Hi and Low of the Day Indicator- good for RAT method

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SilverPrince
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Hi and Low of the Day Indicator- good for RAT method

Postby SilverPrince » Tue Sep 29, 2009 9:32 pm

For those who need it - I quickly made an indicator that has 2 lines: High and Low.
So when you trade RAT - you can see how close your price is to the Hi and Low of the Day.

By default it uses High and Low of the current day.
You can also use it for the previous day and also change the period to whatever you want.
So it can show Hi and Low for the hour for example as well.
It's my first indicator - so let me know if it needs improvement or you need it to behave a little bit different.



Actually, RAT is quite easy to implement in an Expert Advisor - to make it trade automatically if someone wants to do that.

Enjoy and make ton of money!
SilverPrince
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TheRumpledOne
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Postby TheRumpledOne » Tue Sep 29, 2009 10:10 pm

Image

Thanks for sharing SilverPrince.

You may want to take a look at my TRO_PLOT indicator in the MT4 Motherlodes. It plots many lines.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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foreman01
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Postby foreman01 » Wed Sep 30, 2009 1:47 am

TheRumpledOne wrote:Image

Thanks for sharing SilverPrince.

You may want to take a look at my TRO_PLOT indicator in the MT4 Motherlodes. It plots many lines.

Great. I've been meaning to ask which one did that.

SilverPrince
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Postby SilverPrince » Wed Sep 30, 2009 6:01 pm

TRO, man, you need description to your many great tools ;)

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Postby TheRumpledOne » Wed Sep 30, 2009 6:04 pm

Takes more time to document and explain than it does to code.

If it is NOT intuitive, then forget it. Find another tool. Should be obvious to the user.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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