It is donational and in both 2009 and 2010.
The FREE TRO_RANGE_GAUGE will give you the same information ( and more ) for one pair.
2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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For being profitable
stevegee58 wrote:I'm starting to think that the key to successfully trading this is to sit there with your finger over the "close trade" button as soon as you're filled.
My observation has been that once the trade moves into profit, even if it's only 1 or 2 pips, you have to be ready to close it. If it stalls, just close it, but don't wait for more pips or you risk turning a profit into a loss. You're entering a trade with an eye toward a sudden favorable move in your direction, but you take what you're given.
This is also been my observation today, I scalped 5 times the 5 min. EURGBP this afternoon.
Yes price might retrace 20 pips from daily low but it takes several tries to catch a winner. Not sure if the winner is going to pay for the small losses + commisions...
Don't forget, price may also consolidate in a narrow range 20 pips or so from daily low and stay there...
TRO2010_MM_CANDLECOLOR???
...Hi TRO is your TRO2009_Multi_Meter_Open similar to or the same as your new TRO2010_MM_CANDLECOLOR?
Different implementation, same results.
I would appreciate a link (or clue) to location of the above captioned indicator.
I have scoured all Motherlodes and have the 2010 Donationals; I still do not find it anywhere.
I have also used these search strategies:
http://www.google.com/search?q=MM_CANDL ... art=0&sa=N
http://www.google.com/search?hl=en&q=MM ... =&gs_rfai=
and various searches on this site to no avail.
Thanks in advance and sorry to take up the bandwidth.
Different implementation, same results.
I would appreciate a link (or clue) to location of the above captioned indicator.
I have scoured all Motherlodes and have the 2010 Donationals; I still do not find it anywhere.
I have also used these search strategies:
http://www.google.com/search?q=MM_CANDL ... art=0&sa=N
http://www.google.com/search?hl=en&q=MM ... =&gs_rfai=
and various searches on this site to no avail.
Thanks in advance and sorry to take up the bandwidth.
- Patch
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adeo
I ran a scan of my data files for "candlecolor" and had several hits. I've attached a gif showing all the files the scan found that had candle color in the indi name. Note the date of the indi and the directory it is in and you should be able to find the indi. Most are from 2009 donationals as you will see.
I hope this helps, and Welcome to my favorite trading website. There are a lot of fine people and some great traders here. Never quit, ever. It is alright to get mad at yourself and upset, but keep going on no matter what...
Patch
InVA
I ran a scan of my data files for "candlecolor" and had several hits. I've attached a gif showing all the files the scan found that had candle color in the indi name. Note the date of the indi and the directory it is in and you should be able to find the indi. Most are from 2009 donationals as you will see.
I hope this helps, and Welcome to my favorite trading website. There are a lot of fine people and some great traders here. Never quit, ever. It is alright to get mad at yourself and upset, but keep going on no matter what...
Patch
InVA
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- snap593-candlecolor.gif (25.44 KiB) Viewed 5319 times
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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Hello all,
Been a while since I was here.
Does anyone know how to calculate this?
If I have .50 lot long position at 1.3447 and I have one 1.0 lot short position at 1.3373, at what point am I at break even in either direction? I don't have a calc for this.
Can anyone help? Does such a calculator exist for this?
Been a while since I was here.
Does anyone know how to calculate this?
If I have .50 lot long position at 1.3447 and I have one 1.0 lot short position at 1.3373, at what point am I at break even in either direction? I don't have a calc for this.
Can anyone help? Does such a calculator exist for this?
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BlackPearl wrote:If I have .50 lot long position at 1.3447 and I have one 1.0 lot short position at 1.3373, at what point am I at break even in either direction? I don't have a calc for this.
Without being too critical, if you have to ask this question you should not be trading a live account. Why? With a short position twice as large as the long position, you will never break even in the long direction.
To answer your question...
Let x (drop the 1. for clarity and simplicity) be the break even price
Assume a mini contract of $1 per pip for simplicity.
The long position will be behind 3447-x pips
The short position will be ahead 3373-x pips.
Weight the long position by the 0.5 lot size and the formula becomes...
0.5(3447-x)=3373-x
Solve for x...
0.5x=3373-0.5(3447)
x=(2*3373)-3447
x=3299
To check...
The long will be behind (at a loss of) 3447-3299=148pips at 0.5lot or $74
The short will be ahead (in profit for) 3373-3299=74pips at 1.0lot or $74
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Thanks. I closed out my short position with a $627.00 profit and am now waiting for my long to go into profit. If the trend continues in favor of the short positions, I will add a new short to offset the old long...again.
I have been trading for quite some time and made well over six figures last year. I don't think that not being able to calculate this has been or is a deal killer for me. But I appreciate having the formula now....just in case I need it in the future.
Thanks again....
I have been trading for quite some time and made well over six figures last year. I don't think that not being able to calculate this has been or is a deal killer for me. But I appreciate having the formula now....just in case I need it in the future.
Thanks again....
adeo wrote:BlackPearl wrote:If I have .50 lot long position at 1.3447 and I have one 1.0 lot short position at 1.3373, at what point am I at break even in either direction? I don't have a calc for this.
Without being too critical, if you have to ask this question you should not be trading a live account. Why? With a short position twice as large as the long position, you will never break even in the long direction.
To answer your question...
Let x (drop the 1. for clarity and simplicity) be the break even price
Assume a mini contract of $1 per pip for simplicity.
The long position will be behind 3447-x pips
The short position will be ahead 3373-x pips.
Weight the long position by the 0.5 lot size and the formula becomes...
0.5(3447-x)=3373-x
Solve for x...
0.5x=3373-0.5(3447)
x=(2*3373)-3447
x=3299
To check...
The long will be behind (at a loss of) 3447-3299=148pips at 0.5lot or $74
The short will be ahead (in profit for) 3373-3299=74pips at 1.0lot or $74
- TheRumpledOne
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Here is a link to the Drain The Banks thread archive,
http://s210.com/tro/archived/
Pages 1-140 - download thread as a zip file for offline reading.
Enjoy,
-ZZ
http://s210.com/tro/archived/
Pages 1-140 - download thread as a zip file for offline reading.
Enjoy,
-ZZ
- TheRumpledOne
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