Thanks, Avery. This is very helpful. I can see the opportunity.
I have to ask you these questions that has been nagging me all the time trading RAT.
1. How do you be sure (or at least be confident) enough that the low (or hight) AT A TIME is the daily low (or high) so that you enter the RAT trade?
2. How to you come up with a 10 pips stop? Do you have any stats (or anything) to support that?
Thanks for your enlightenment.
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.