TRO_CONTROL

[TheRumpledOne]

TRO_CONTROL

I didn't want to leave out the TradeStation users.

Here's the Multi Frequency SLOT MACHINE version for my TRO_CONTROL indicator:



EFS and Workspace attached.

[tommy23]

Wowsa - have you developed this one for eSignal - yummy!! - :-)


[quote="TheRumpledOne"][b][size=24]TRO_CONTROL[/size][/b]

I didn't want to leave out the TradeStation users.

Here's the Multi Frequency SLOT MACHINE version for my TRO_CONTROL indicator:

[img]http://kreslik.com/forums/userpix/3_TRO_CONTROL_1.jpg[/img]

EFS and Workspace attached.[/quote]

[TheRumpledOne]

LOL.. I developed it on eSignal first..

[cfrn]

TRO CONTROL

You watch the struggle between buyers and sellers.

How I use it:

The Major/Minor daily is the row that dictates which way to trade.

If buyers/buyers then I look to buy.

If sellers/sellers then I look to short.

If Major and Minor disagree... I WAIT. NO TRADING.

Then, I look at the 60 minute row. Same rules as daily.

If I am a buyer and the 1/5/15 rows all say seller, I know the buyers will be pushing the sellers back soon.

When I see the price stop moving at DYNAMIC SUPPORT, then I buy.

When I see the price stop at dynamic resistance and the sellers take control on the 1 or 5, I sell.

This is so simple it's not funny.

All you have to do is follow the rules.

[cfrn]

When I opne the workspace I get a message that TRO Control has been deleted / yet the workspace does open

Once it opens how do I change the symbol to ER2U06 ?

When I just open the ELD in a Radar Screen I only get the Major Minor columns. I know I'm missing something really simple here. Thx in advance!

[TheRumpledOne]

You must import the ELD BEFORE you open the workstation.

You must not have been downloaded all of the Motherlodes. The other indicators are in there.

To change the symbol, just type over the symbol (AAPL) that's there.

You can add more rows and change the rows interval if you like.

[cfrn]

I followed your instructions, downloaded the most recent Motherlode and it looks like all systems are go (not to mention all green for the ER2)

I would like to buy a vowel now. (or ask 1 more question please)

I understand support and resistance but in your reply you mention Dynamic support and resistance. I'm gonna go way out on a limb here and wager you have an indicator for just such a thing. Would I find it in the Motherlode somewhere? Is it self explanatory or would you offer a few words of how to "read" it best? If you've already explained elsewhere, can you point me to it?

I will be using this to trade the ER2 on Monday live in real time with real cash. (I heard that gasp) I've traded the ER2 long enough to know if the signal I'm getting makes sense. I highly recommend always Paper Trade first but I'm at a point where I can fool myself all day long with simulation. I must put rubber to road or else I can't believe it.

Therefore, I CT, do hereby volunteer to be the Human Crash Test Dummy for the TRO Control Indicator in regards to the ER2.

I will report back Monday night with the actual trades / p&l / screenshots etc.........

Or you can tune in 11AM to 1PM eastern and hear the trades unfold live.

Blessings
CT

[TheRumpledOne]

Yes, dynamic support/resistance is a SHOW ME...

_SHME_DYNAMIC_SR2 is the version you want.

[cfrn]

OK - 2 questions

I loaded your Mid Long and Mid Short indicators onto a 10 minute chart of the ER2. How long does it take for the words Buy and Short to appear on the chart after the market moves?

Looking at it on a Saturday night with the market closed, it appears to have a rather "Holy Grail" appearance to it. (I just saw the DaVinci Code out of morbid curiosity at the $2 movie house up the road. Perhaps that's skewing my perception of reality)

If it works the way it looks like it works, you may have just solved World Hunger.

Maybe even World Peace.
(not to be confused with Whirled Peas > see World Hunger Menu)

Somebody set me straight so I can get some sleep.

Thx
=)

[hallmark2]

Hope you don't mind me jumping here. I'm a long time follower of TRO's great work and I don't remember an indicator that gives the actual written BUY and SHORT commands on a chart for Middle. I must have missed it. Would you mind pointing me in the direction of this indicator? Thanks.