2009.09.10 DRAIN THE BANKS - LIKE A RAT

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tfg
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RAT Stats

Postby tfg » Fri Jan 21, 2011 9:19 am

Avery, thanks for posting your trades and please keep posting them. I notice that recently, something clicks in my RAT trading and I start picking the same trades that you 've posted.

Do you have any RAT stats that you can share? In particular, I am very interested in any stats that support your saying about "opportunity is within 20pips of daily high/low AT A TIME".

I listened to your recent interview on tradersinterviews.com and you stress ".....daily high/low AT A TIME". It is the "AT A TIME" bit that I am struggling to understand. In your donational indicators manual, the stats generated from e.g. DW_COUNT_UI are based on "daily high/low" but not "daily high/low AT A TIME"?

Please enlighten me . Thanks.

TheRumpledOne wrote:Image

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

This is how you make 2% per day.
<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.

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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 21, 2011 2:45 pm

Image

1) Price within 20 pips of the daily low - that is OPPORTUNITY

<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
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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dojirock
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Postby dojirock » Fri Jan 21, 2011 2:49 pm

Hi Avery,
trade with the hourly and daily...
is the daily open for each session? London time for all sessions?
When using it for a bias, when is the starting point?

thnx
doji
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

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TheRumpledOne
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Re: RAT Stats

Postby TheRumpledOne » Fri Jan 21, 2011 2:53 pm

tfg wrote:Avery, thanks for posting your trades and please keep posting them. I notice that recently, something clicks in my RAT trading and I start picking the same trades that you 've posted.

Do you have any RAT stats that you can share? In particular, I am very interested in any stats that support your saying about "opportunity is within 20pips of daily high/low AT A TIME".

I listened to your recent interview on tradersinterviews.com and you stress ".....daily high/low AT A TIME". It is the "AT A TIME" bit that I am struggling to understand. In your donational indicators manual, the stats generated from e.g. DW_COUNT_UI are based on "daily high/low" but not "daily high/low AT A TIME"?

Please enlighten me . Thanks.

TheRumpledOne wrote:Image

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

This is how you make 2% per day.
<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.


Image

The chart has a frequency distribution of the wick sizes for the last 10 days.

The gray dots on the wicks are at low + 20 pips and high - 20 pips.

The histogram shows the wicks sizes for each day.

You should be able to SEE how entering within 20 pips of the high or low can be profitable.
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.

tfg
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Re: RAT Stats

Postby tfg » Fri Jan 21, 2011 3:37 pm

Thanks very much, Avery. I am beginning to see...

What are the names of the indicators you use to display this, particularly, the histogram and the text at the bottom?

TheRumpledOne wrote:
tfg wrote:Avery, thanks for posting your trades and please keep posting them. I notice that recently, something clicks in my RAT trading and I start picking the same trades that you 've posted.

Do you have any RAT stats that you can share? In particular, I am very interested in any stats that support your saying about "opportunity is within 20pips of daily high/low AT A TIME".

I listened to your recent interview on tradersinterviews.com and you stress ".....daily high/low AT A TIME". It is the "AT A TIME" bit that I am struggling to understand. In your donational indicators manual, the stats generated from e.g. DW_COUNT_UI are based on "daily high/low" but not "daily high/low AT A TIME"?

Please enlighten me . Thanks.

TheRumpledOne wrote:Image

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

This is how you make 2% per day.
<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.


Image

The chart has a frequency distribution of the wick sizes for the last 10 days.

The gray dots on the wicks are at low + 20 pips and high - 20 pips.

The histogram shows the wicks sizes for each day.

You should be able to SEE how entering within 20 pips of the high or low can be profitable.

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

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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 21, 2011 5:37 pm

Image

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

This is how you make 2% per day.
<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
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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Re: RAT Stats

Postby TheRumpledOne » Fri Jan 21, 2011 6:07 pm

tfg wrote:Thanks very much, Avery. I am beginning to see...

What are the names of the indicators you use to display this, particularly, the histogram and the text at the bottom?


Those are 2009 DONATIONAL indicators. TRO2009_WICK_HISTOGRAM is on the bottom.

TRO2009_WICK_COUNT_UI is used to display the frequency distribution.

TRO_RAT_DOTS display the dots on the wicks.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 21, 2011 6:09 pm

hopearisen wrote:Hi Tro,appreciate your quick response. I have deleted and reinstalled the MT4,still the above said indicators isnt updating.


Please post a regular chart - no indicators.. I need to see something...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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hopearisen
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Postby hopearisen » Fri Jan 21, 2011 7:10 pm

Thank you TRO, a normal non-indicator chart is attached.
Attachments
consideration.JPG
Thank you TRO, a normal non-indicator chart is attached.
consideration.JPG (224.6 KiB) Viewed 1793 times

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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 21, 2011 8:40 pm

Ok.. that narrows it down...

Can you place the indicator on this chart?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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