RBurgess wrote:TheRumpledOne wrote:
THIS IS HOW I TRACK MULTIPLE PAIRS FOR RAT REVERSALS.
What is this indicator called TRO?
oldmangeezer wrote:TRO have a few questions:
A. What is the horizontal line indicate?
B. What does the arrow indicate?
C. What does this price represent? Is it the price you enter your trade when it is hit?
D. What are the 2 prices at the top and bottom?
E. What is the name of this indicator?
In this shot, we are within 20 pips of the high, but the last setup for a trade was 4 candles ago. Why is RAT REVERSE being activated showing R S G? Wouldn't the current bar need to close as red and then you would have to go short at the low of that bar?