Kreslik.com - traders community since 2006

Tro is that still FXCM MT4?

Great thanks

What does the black line show?

TheRumpledOne wrote:

Hi Tro
What is the indicator called that shows the hourly colour blocks when you drop down a timeframe? You showed the 15min chart and it showed the colour of the hourly candles.
Very cool!
Thanks

I understand MO, thank you. But wondered how Tro manages this strategy to give me an idea how to start looking at various options....

Tro when do you move your stop loss with this strategy as I saw on the rat posts you move the stop loss when trade is +5

Thanks Tro, but I meant when do you move your stop loss? And how do you manage the trade when it's in play?

Thanks Tro for another great trading idea. But I have a couple of questions 1) the green boxes indicate previous up day so would you only look for buy/long trades when there is a green box? 2) do you still only choose to be one colour rat with this style of trading? only long trades? you don't swit...

Thanks Tro for another great trading idea. But I have a couple of questions 1) the green boxes indicate previous up day so would you only look for buy/long trades when there is a green box? 2) do you still only choose to be one colour rat with this style of trading? only long trades? you don't switc...

Ok great thanks!

Hi Tro,
SL is 10 pips but what if the green candle you are trading the high of is only 5 pips high? Would your stop just be below this small candle or would you keep it at 10 pips? Thanks