TRO 2017 DONATIONAL INDICATORS

[TheRumpledOne]

GBPJPYDaily.png (45.5 KiB) Viewed 3314 times

REAL TIME PRICE ANALYZER SHOWING PREVIOUS LEVELS STATISTICS.

[adrian2012]

Coding request:

For the ATR zones that are in the first pic in the thread:

therumpledone/tro-2016-donational-indicators-t9238/page290

Imagine I have the daily chart up and I've charted the Weekly ATR zones. I would like to know what are my odds that during the Mon thru Fri week, that a daily candle will hit the innermost edge of the ATR zone in that week?

I have a trading idea and knowing this would help immensely, please lmk if such a stat indicator already exists.

[adrian2012]

Would also be nice to know this given the daily opens above weekly open.

[adrian2012]

I thought about this a bit more, I suppose the question "what are my odds that a daily candle will hit a weekly thing" can be deduced from the weekly charts. So knowing how often a weekly candle touches the innermost ATR band for it's candle would be the same analysis.

[TheRumpledOne]

GBPJPYH4.png (69.85 KiB) Viewed 3256 times

USDCADDaily.png (84.95 KiB) Viewed 3256 times

GBPJPYDaily.png (43.04 KiB) Viewed 3256 times

[TheRumpledOne]

Coding request:

For the ATR zones that are in the first pic in the thread:

therumpledone/tro-2016-donational-indicators-t9238/page290

Imagine I have the daily chart up and I've charted the Weekly ATR zones. I would like to know what are my odds that during the Mon thru Fri week, that a daily candle will hit the innermost edge of the ATR zone in that week?

I have a trading idea and knowing this would help immensely, please lmk if such a stat indicator already exists.

You can use the PRICE TRAVEL ANALYZER or the REAL TIME PRICE ANALYZER. You can specify a fixed price.

Guess I need to give the analyzers the option to work with internal indicators... wonder how much work that will be!!

[adrian2012]

Good point, I thought about it some more and realized:

1. I can take the weekly avg of open to high and open to low over 100 bars or so.

2. Then place that in the price analyzer and look at stats for weekly high Greater than or equal to weekly open plus the weekly avg offset found in 2. Ditto for the other side when looking at weekly low stats. That should give me the stats I'm looking for.

I think that might work, need to give it some more thought, thanks for the tip.

[adrian2012]

TRO001.png

A new trade stopped by the TWO PERCENT CLUB PalTalk chatroom today. He told us about selling the EURUSD on Friday and closing on Monday (Sunday).

I ran the analysis using the TRO2017_PRICE_TRAVEL_ANALYZER and TRO2017_FreqDist_Display_UI.

You can SEE this looks like a highly profitable trade!

I had to modify the indicators to include a day of week filter. Some of you will be happy for that addition since I have had several requests for day of week.

Would love to see how this strategy plays out for other pairs, looking forward to this indicator being fully released!

[EdmundX]

Hi TheRumpledOne,

I have been using the Market Profile indicator that you have modified under 2017 MT4 MotherLodes and I like to find out if you have the intention to add into the dashboard whereby it will show the current open price is above/below or within the previous value area? Thanks.

[TheRumpledOne]

Hi TheRumpledOne,

I have been using the Market Profile indicator that you have modified under 2017 MT4 MotherLodes and I like to find out if you have the intention to add into the dashboard whereby it will show the current open price is above/below or within the previous value area? Thanks.

I will have to see if I can do that.

Thanks!!