Hi Mr TRO and all in this forum thread, first post here although I have been reading quite a lot here. Thanks for all the contribution.
I have a question regarding the bid / ask line on DTB indicator.
The DTB indicator always uses the Bid price, right? (Regardless of an indication to Long or Short). Or do we need to turn on the Ask price line in our Meta 4 software?
For example, in the attached image, there is only the BID line shown. Do we need to use the ASK line in MT4 as well for the indicator to show us Long possible trades?
I am asking this because somewhere in DTB Ver 6, TRO mentioned:
"The indicator uses BID for shorts and ASK for longs. "
Hope this question can be answered, thanks a lot in advance
Bob
2009.06.17 DRAIN THE BANKS REV 8
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Re: question regarding bid and ask line
Thanks Mr TRO.
So does that mean, I would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?
Bob
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TRO: You can turn on the Ask Line. Or you can use the TRO SPREAD DOTS indicator.
So does that mean, I would wait for the Ask Line to touch the trigger (if going long) and Bid Line to touch the trigger (if going short)?
Or do we just use Bid Line all the way for everything on the DTB triggers?
Bob
--------------------------------------------------------------------------
TRO: You can turn on the Ask Line. Or you can use the TRO SPREAD DOTS indicator.
bobbypips wrote:Hi Mr TRO and all in this forum thread, first post here although I have been reading quite a lot here. Thanks for all the contribution.
I have a question regarding the bid / ask line on DTB indicator.
The DTB indicator always uses the Bid price, right? (Regardless of an indication to Long or Short). Or do we need to turn on the Ask price line in our Meta 4 software?
For example, in the attached image, there is only the BID line shown. Do we need to use the ASK line in MT4 as well for the indicator to show us Long possible trades?
I am asking this because somewhere in DTB Ver 6, TRO mentioned:
"The indicator uses BID for shorts and ASK for longs. "
Hope this question can be answered, thanks a lot in advance
Bob
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bobbypips
You can also click on the three blue tents in the top right corner and that takes you to the home page where TRO introduces new programming, and updates it there also. jb
You can also click on the three blue tents in the top right corner and that takes you to the home page where TRO introduces new programming, and updates it there also. jb
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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