2009.03.26 NO MERCY!!

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winny
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Postby winny » Wed Apr 08, 2009 9:07 am

rowdy wrote:
winny wrote:
incomesolution wrote:Thanks for the quick reply Winny
Very helpful information and congratulations on your success!

Can you tell me more about your SL (the ebook suggests 7 pips)
Also, how you use the trend to determine your trailing stop?

Regards,
Al


I assume you use MT platform,
Now for this I personally like TRO's Toptrend and the Snake.
This is my trailing stop. Please have a look at the chart that I refered you yesterday. In pic 3 you see the buyzone together with Toptrend and Snake. You see that Toptrend points up, Snake points up and Buyzone is triggered. You take that trade. Your stop would not be the other side of the buyzone, but when either toptrend is hit, or snake turns, whatever you feel comfortable with. My friend, this works.


Thanks Winny, I want to study this further. I really appreciate you giving such details. This morning was interesting. At the London Open, all the signals said go long and you were right. You could have had a nice 8 pip scalp. However, then the trend topped out and moved the other direction. Scrictly by your rules, it would be difficult to take the reverse trade because by the time toptrend and snake said go short, you were already out of the sell zone. However, if you had taken that trade you would have absolutely cleaned house! So I am curious, did you take the reverse trade anyway?



You should have taken the short at 07:00 gmt, all signals were red.
You would have made a small + during the hour.
At 08:00 gmt a new buyzone was formed, all signals were red again.
You would have taken the trade. You would have made at least 30 pips.
At 09:00 gmt same procedure, same signals, you would have made 70 pips.

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rowdy
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Postby rowdy » Wed Apr 08, 2009 10:41 am

winny wrote:
rowdy wrote:
winny wrote:
incomesolution wrote:Thanks for the quick reply Winny
Very helpful information and congratulations on your success!

Can you tell me more about your SL (the ebook suggests 7 pips)
Also, how you use the trend to determine your trailing stop?

Regards,
Al


I assume you use MT platform,
Now for this I personally like TRO's Toptrend and the Snake.
This is my trailing stop. Please have a look at the chart that I refered you yesterday. In pic 3 you see the buyzone together with Toptrend and Snake. You see that Toptrend points up, Snake points up and Buyzone is triggered. You take that trade. Your stop would not be the other side of the buyzone, but when either toptrend is hit, or snake turns, whatever you feel comfortable with. My friend, this works.


Thanks Winny, I want to study this further. I really appreciate you giving such details. This morning was interesting. At the London Open, all the signals said go long and you were right. You could have had a nice 8 pip scalp. However, then the trend topped out and moved the other direction. Scrictly by your rules, it would be difficult to take the reverse trade because by the time toptrend and snake said go short, you were already out of the sell zone. However, if you had taken that trade you would have absolutely cleaned house! So I am curious, did you take the reverse trade anyway?



You should have taken the short at 07:00 gmt, all signals were red.
You would have made a small + during the hour.
At 08:00 gmt a new buyzone was formed, all signals were red again.
You would have taken the trade. You would have made at least 30 pips.
At 09:00 gmt same procedure, same signals, you would have made 70 pips.


I see it now. Thanks again Winny for being so generous.

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TheRumpledOne
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Postby TheRumpledOne » Wed Apr 08, 2009 6:17 pm

Image
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Postby TheRumpledOne » Wed Apr 08, 2009 6:32 pm

Image

NO MERCY!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Postby TheRumpledOne » Wed Apr 08, 2009 7:15 pm

Image
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby ahdrewforex » Tue Apr 14, 2009 3:35 am

Hi to all, can someone assist me here?

After I download the latest Zip File, there are 19 files:
(a) 13 files ending with *.mq4
(b) 4 files ending with *.ex4
(c) 2 files ending with *.tpl (namely tro_drain_the_banks_rev01.tpl and tro_drain_the_banks_rev02.tpl)

I am really a newbie at this software, can someone kindly guide me where do i copy these files to in my MIG MT4 software please?

And loading them from?

Thanks in advance, appreciate the great help in this forum and to TRO!

ahdrewforex

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TheRumpledOne
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Postby TheRumpledOne » Tue Apr 14, 2009 3:53 am

1) Make sure MetaTrader is closed.

2) Download and unzip the indicators to

C:\Program Files\your metatrader folder name\experts\indicators

3) Run MetaTrader

4) Click on VIEW

5) Click on Navigator

6) Drag an drop the indicator you want onto the chart


The TPL files are templates. Put them in the C:\Program Files\your metatrader folder name\templates folder.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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ahdrewforex
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Postby ahdrewforex » Tue Apr 14, 2009 4:53 am

Thank you Avery! :-)

I have done that, and it's showing up well. Except for one little issue, I noted using tro_drain_the_banks_005.tpl, there is a BOLD heading appearing across every chart that I loaded 005.tpl with, it reads M30 USDCAD 1.2357.




any clues on that?

Thanks in advance :-)Image

prasath2008
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hi

Postby prasath2008 » Tue Apr 14, 2009 5:13 am

Hi tro in your charts top middle there is one percentage meter is there, wt kind of indicator that is and wt usage of it, can u send it to me

Thanking you

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TheRumpledOne
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Postby TheRumpledOne » Tue Apr 14, 2009 5:39 am

ahdrewforex:

You are missing the MAGNIFIED MARKET PRICE indicator so the last object is being displayed.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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