TRO DYNAMIC RANGE SR

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TheRumpledOne
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TRO DYNAMIC RANGE SR

Postby TheRumpledOne » Wed Jun 13, 2007 9:20 pm

TRO DYNAMIC RANGE SR







TRO DYNAMIC RANGE SR plots a histrogram of the range between dynamic support and resistance.

If you know the statistics for the range of the interval, you can input the minimum and maximum thresholds and the TRO DYNAMIC RANGE SR will alert you.




It's almost unfair having TRO Dynamic SR!




ELD attached.
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TRO_DYNAMICRANGESR.ELD
(6.44 KiB) Downloaded 1240 times
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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vittorio
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Postby vittorio » Thu Jun 14, 2007 3:32 pm

It seems very interesting.
TRO, Could you please explain a little more.

How do you use it ?
I.E
go SHORT/LONG on breach of dynamic support/resistence AND
range of the interval breach minimum/maximum thresholds ?

How do you calculate the statistics for the range of the interval?

thank you
Vittorio
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TheRumpledOne
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Postby TheRumpledOne » Thu Jun 14, 2007 6:58 pm

It's not a TRADE TRIGGER.

It's just INFORMATION. Now you know the minimum, maximum and average range for the interval. If you see the dynamic sr range is at/near one of those thresholds, you can trade accordingly.

I use the statistics indicator that I wrote to calculate the statistics.
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Shane280us
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Postby Shane280us » Fri Jun 15, 2007 12:06 am

TRO - Is this on the forum for Esignal, I did a search but could not find it but perhaps I'm missing it.
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Postby TheRumpledOne » Fri Jun 15, 2007 2:07 pm

NO.

I have not written the eSignal version.
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Postby Susana » Mon Jun 18, 2007 5:51 am

Useful to gauge volatility.

Good work TRO.

Susana
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FX-watcher
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Postby FX-watcher » Wed Mar 26, 2008 11:22 pm

Hi, TRO:

The code for TRO Dynamic S/r is excatly waht I was going to ask for. But forgive my naiveness here, will ELD file work for Trade Station's chart ? If not, what chart I need for this ELD file?

I just opened a acccount today with Trade Station, has EFX demo just last week.

Thank you very much for your posting!
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rrobin
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Postby rrobin » Thu Mar 27, 2008 1:13 pm

FX-watcher

Yes
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Stijn1234
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Postby Stijn1234 » Thu Mar 27, 2008 7:02 pm

wow, very impressive :)

How on earth do you make such stuff ? :)
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Postby FX-watcher » Thu Mar 27, 2008 10:55 pm

rrobin:

Thank you for the reply.
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