2009.05.23 DRAIN THE BANKS - REV 007

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue May 26, 2009 12:44 am

Rascacio wrote:Hi to everyone here. I'm pretty new to this site and have been reading like fury and am especially grateful for all your (TRO) indicators. Prior to this I was studying loads of 'Squigglies'!! Now I'm on a new track, however I could do with a small bit of help and please forgive me for perhaps sounding dim but with the new TRO_DY_FIBS_SR_Trail with the D1 added I seem to get conflicting signals i.e D1 Bias Long with Green arrow down or D1 Bias Short with a Red arrow up and various combinations thereof. Any ideas about this please ? Also what does a weak or strong LWP mean ?
Sorry if I've missed something obvious but can anyone fill me in please.

Thanks to everyone and especially TRO and Michal for a top site.


Image

Please post a chart showing this happening.
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Rascacio
rank: <50 posts
rank: <50 posts
Posts: 14
Joined: Sun May 10, 2009 6:50 am
Reputation: 0
Gender: Male

Postby Rascacio » Tue May 26, 2009 6:53 am

Hi TRO thanks for your response. Here is the screenshot I hope !! I've been having some trouble attaching it as I've never done it before.
Attachments
Chart3j_Page_1_Image_0001.jpg
Chart3j_Page_1_Image_0001.jpg (117.87 KiB) Viewed 3414 times

User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Tue May 26, 2009 6:51 pm

TRO I think training wheels is getting stuck when going from "Ok to Buy" to resistance breakout" [img] i think wheels still getting stuck:
Image

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue May 26, 2009 7:28 pm

I will take a look.
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.

Heavenstorm
rank: <50 posts
rank: <50 posts
Posts: 8
Joined: Tue May 26, 2009 7:04 am
Reputation: 0
Gender: None specified

Postby Heavenstorm » Tue May 26, 2009 7:43 pm

hey guys,

I am new to this drain the bank indicator. Have been trying out past few days and have a question.

4) Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.

does this mean only open 1 trade or only drain the candle once?
coz there were few times after i drained it....the price may hit the trigger mark again so i not sure if i should trade again.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

john225
rank: <50 posts
rank: <50 posts
Posts: 10
Joined: Wed May 13, 2009 9:18 am
Reputation: 0
Gender: None specified

Postby john225 » Tue May 26, 2009 9:07 pm

What is the Training wheel

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue May 26, 2009 11:22 pm

4) Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.

does this mean only open 1 trade or only drain the candle once?

IT MEANS ONLY MAKE ONE ENTRY PER CANDLE. CUTS DOWN ON OVER TRADING.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue May 26, 2009 11:23 pm

What is the Training wheel?

IT IS A MODE THAT ONLY GIVES YOU A TRIGGER SIGNAL FOR THE BEST POSSIBLE TRADES.
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.

maceo
rank: <50 posts
rank: <50 posts
Posts: 1
Joined: Wed May 27, 2009 8:13 am
Reputation: 0
Gender: Male

Re: 2009.05.23 DRAIN THE BANKS - REV 007

Postby maceo » Wed May 27, 2009 9:54 am

TheRumpledOne wrote:
2) After you see the semafor on the H1 chart, look at the M15 chart for the long(indigo) and short(magenta) triggers based on TRO DYNAMIC FIBS SR TRAIL indicator.

3) When price touches the trigger you enter. DON'T THINK, JUST ACT!





Hello TRO,

do we have to consider the rule "Never trade against H1 candle" when using this "indicator" (template)?
Last edited by maceo on Wed May 27, 2009 11:22 am, edited 1 time in total.

Heavenstorm
rank: <50 posts
rank: <50 posts
Posts: 8
Joined: Tue May 26, 2009 7:04 am
Reputation: 0
Gender: None specified

Postby Heavenstorm » Wed May 27, 2009 10:16 am

Hey TRO,

Thanks for your reply :) sorry i got another question

sometimes the H1 current/previous candle has no semafor but the M15 shows a trigger ok to trade, do we still trade?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”