2009.09.10 DRAIN THE BANKS - LIKE A RAT

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TheRumpledOne
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Postby TheRumpledOne » Sun Feb 14, 2010 3:52 pm

Pro Trader wrote:Hi TRO is your TRO2009_Multi_Meter_Open similar to or the same as your new TRO2010_MM_CANDLECOLOR?


Different implementation, same results.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby TheRumpledOne » Sun Feb 14, 2010 3:53 pm

gangsta1 wrote:Question for GREEN RATS: Are you adding the spread to the high of the set-up candle? E.g. High of green candle is 1.5500, would you place a limit order at 1.5500 or would you place a limit order at 1.5500 + spread so if spread was 1 pip then entry would be 1.5501.


What are YOU doing?
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Postby gangsta1 » Sun Feb 14, 2010 4:43 pm

Adding the spread, And you?

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TheRumpledOne
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Postby TheRumpledOne » Tue Feb 16, 2010 11:34 pm

ab1 wrote:Tro

Think I entered this question in the wrong place so Ill do it again here.....

The Rat Zone indicator Ive notice doesent reset automatically at the start of each trading day.....you have to switch back and forth between time frames to reset it...is that normal or is there a fix for that.

Thanks


ab1


I'll have to take a look at the code.
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Postby TheRumpledOne » Wed Feb 17, 2010 12:25 pm

Image

Opportunity....


Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
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Postby gangsta1 » Wed Feb 17, 2010 1:04 pm

How about clearing up if YOU enter on the bid or ask when taking green rats.

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Postby TheRumpledOne » Wed Feb 17, 2010 1:22 pm

Image

RESULTS.

GREEN RAT REVERSAL - LONG ENTRY CRITERIA:
1) RED CANDLE CLOSES
2) GREEN CANDLE CLOSES
3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG. STOP LOSS IS ALWAYS 10 PIPS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 18, 2010 2:03 pm

Image

RESULTS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby roger_over » Thu Feb 18, 2010 3:43 pm

stratigf wrote:I Love this indicator. All green look for Green Rat reversals all red look for Red Rat reversals. Pick. Very cool Avery.


Could you save me some time please and post the name of this indi ?Thank you
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Chart EAs'

Postby kcbnyc » Sat Feb 20, 2010 2:23 am

TheRumpledOne wrote:Image

RESULTS.


TRO,

What EAs are you using on the chart? Is it a template? Are any of them included in the donationals? If not, where can I find them? Thanks!

Kirk

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