TheRumpledOne Indicators - how to choose the right ones?

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newscalper
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Postby newscalper » Wed Apr 30, 2014 12:58 pm

Good tip, thanks TRO

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Re: indicator appearance on the screen

Postby Lbtrader » Sun Jun 19, 2022 10:07 am

TheRumpledOne wrote:Think of indicators as eyeglasses, microscopes, telescopes or gauges.

They help you SEE or they inform you of a condition.

That is all indicators do.

They problem lies within the indicators as much as within the trader. Most tools are not defective. If the saw cuts you, who is to blame? If you lose while using a certain indicator, who is to blame?

If you trade when price crosses a horizontal line in the direction of the cross, you will win some and lose some. Whether or not you profit or lose in the long run is up to you and your skills as a trader where risk, money management and trade management are concerned.

I suggest you use the SWEETSPOTSGOLD_TRO_MODIFIED and the TRO_MULTIMETER_CANDLE_COLOR and perhaps TRO_TRAININGWHEELS_DW.

Use H1 chart. Trade the line cross when H1 and D1 are the same color.

Image


@TheRumpledOne

This is my first post here, I would like to start by thanking you for your huge contributions be it indicators, strategies or sound advice to fellow traders. I would like to ask about how to get the TRO_multimeter_candle indicator to appear like in your picture? the same indicator on my screen appears crammed together and not so well spaced.
TRO_multimeter.png
TRO_multimeter.png (88.92 KiB) Viewed 195 times
, Another question regarding the TRO_macd_2 color histogram, when I load it on my chart I get a blank window, I tries on white and black background, I only get the long risk and short risk showing,

Thanks
Screenshot 2022-06-19 103809.jpg
Screenshot 2022-06-19 103809.jpg (205.75 KiB) Viewed 195 times

I tried different screen resolutions but to no avail. I have a screen resolution of 1920x1080.

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Re: TheRumpledOne Indicators - how to choose the right ones?

Postby TheRumpledOne » Sun Jun 19, 2022 4:29 pm

You would have to change the code to change the spacing if the resolution doesn't work. Not sure why the histogram isn't showing.
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