2009.03.15 Do Your Homework: Start a T.A. Routine

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TheRumpledOne
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2009.03.15 Do Your Homework: Start a T.A. Routine

Postby TheRumpledOne » Sat Mar 14, 2009 11:13 pm

2009.03.15 Do Your Homework: Start a T.A. Routine


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SFO HOMEWORK


FREE MT4 version of TRO_HOMEWORK, including SOURCE CODE, attached.
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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noone22
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Postby noone22 » Sun Mar 15, 2009 8:56 am

TRO, thank for your next contribution.

One question: not sure, what is in the right value column.
It supposed to be difference between current value and value
from the left column, which seems to be in pips for price values.
However, for indicators - not clear. SMA(200) gives -208.
Is it pips or percentages?

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TheRumpledOne
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Postby TheRumpledOne » Sun Mar 15, 2009 3:01 pm

Yes, it is the difference between the current price and the value, in pips, where that makes sense or it is the difference between the current and previous values of the indicator.

For the moving averages, it is current price - moving average.
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Postby vladv » Mon Mar 16, 2009 11:50 am

This indicator is great tool for any trader to start his trading day with,thanks a lot TRO!

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