2009.09.10 DRAIN THE BANKS - LIKE A RAT

[TheRumpledOne]

A little refresher.

Legend for the control multimeter:

Strong Buyers = Lime;
Weak Buyers = Green;
None = Gold;
Weak Sellers = Crimson;
Strong Sellers = Red.

FREE MT4 indicators and template attached.



PLEASE DO NOT POST MY CODE ON OTHER FORUMS.

[2 xrismak]

Hi Tro,
I know where the template file goes, but where do all the other eight files go please on this TRo_RAT indicator, I love what I am seeing and I liberated you too for all the good work men, keep it up and expect another Donation from me Again pretty soon buddy !

[2 xrismak]

Tro,

Figured it out, put all the files in the experts/ Indicator folder in Meta trader. Yeah.

[TheRumpledOne]

Notice my post a couple of posts earlier.

Note the price of USDCAD and ClLo value.

Look at the price of USDCAD and the ClLo value in this post.

What do you SEE?

What does that mean?

[TheRumpledOne]

2 xrismak:

Read this thread

http://www.forexfactory.com/showthread.php?t=67529

[2 xrismak]

Thanks Tro !

[TheRumpledOne]

1) price within 20 pips of the daily low - that is OPPORTUNITY

===========================

Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.

==========================

[TheRumpledOne]

EURUSD lower price is 32 pips above the daily low.

What does this mean?

[TheRumpledOne]

What does this chart tell you?

[YES-IT'S]

Hi TRO,

I would like to say big thank you for great contribution to improve stuggling/new trader to be successful,you are appreciated.

The refreshner Rat zip I dowloaded was showing only 2 dots. i've attached the chart and the template setting cor your consideration on what went wrong.





1)I would also like to know more about HERD MENTALITY, which I read in 1 of your threads.
1) I have being demo-trading you using RAT edge with improving success. but how can deal/react to the H1/D1 candle colour(s)
turning from green to red withing an hour trade and back to green before the hour ran out with exitng, or better put How do I maintain my position on H1 tf trade when H1 n (or) W1 CAN switched color.
3)lastly do you support trading the ZL,MOMO it it coincide with H1/W1 buy trade.

I belife I and may newbee really appreciate the great work and effort of you and loads of other teaching ppl to be successful, cheers!