2009.09.10 DRAIN THE BANKS - LIKE A RAT

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 13705
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1987
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Mon Nov 25, 2019 5:52 pm

TRO003.png
TRO003.png (29.83 KiB) Viewed 275 times


I noticed you asked about the HL version.

The lines are plotted from the current daily high/low unless you specify a different chart period.

You may have an old HL test version that I was working on for someone else.
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.

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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 13705
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1987
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Mon Nov 25, 2019 6:01 pm

TRO_ATR_LINES_HL5 was an experiment. Never finished that code. Decided to keep the ATR lines as a separate indicator. But the latest version of TRO_HL5 has an option to show distance from open in pips or ATR%.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 13705
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1987
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Mon Nov 25, 2019 6:12 pm

TRO001.png
TRO001.png (32.28 KiB) Viewed 269 times



Updated TRO_ATR_LINES_HL attached.
Attachments
TRO_ATR_LINES_HL.mq4
(32.34 KiB) Downloaded 11 times
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.

JP1
rank: <50 posts
rank: <50 posts
Posts: 8
Joined: Wed Nov 13, 2019 1:03 pm
Reputation: 2
Gender: None specified

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby JP1 » Mon Nov 25, 2019 7:38 pm

TheRumpledOne wrote:TRO001.png


Updated TRO_ATR_LINES_HL attached.


Thanks mate - much appreicate the explanations. Ur probably getting sick of me, but i still dont know what the 14 and 2 next to ATR (in ur last post), and then 6 and 2 next to ATR in this post?

So lets say yesterdays daily ATR on gold was 150 pips ($15)......what would those numbers be next to ATR on the chart?

I cant trade something unless i 100% understand what im looking at - hence my questions! Apologies, if im missing something obvious

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 13705
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1987
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Mon Nov 25, 2019 8:27 pm

Load a chart with the ATR indicator 13 times, ATR(2), ATR(3), ATR(4)...ATR(13),ATR1(14).

Select the smallest ATR value, that will be the minimum.

Select the largest ATR value, that will be the maximum.

Add each of those to the open price. Plot a line at each price. The area between those two lines is the upper ATR zone.

Does that make it clearer?
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.

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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 13705
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1987
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Tue Nov 26, 2019 4:07 pm

Instance 1 - atr period = 2
Instance 2 - atr period = 3
Instance 3 - atr period = 4
.
.
.
Instance 12 - atr period = 13
Instance 13 - atr period = 14

Now, all the instances will not have the same value.

One value will be the max and one will be the min.
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.

User avatar
BambinoFlex
rank: 50+ posts
rank: 50+ posts
Posts: 54
Joined: Thu Oct 10, 2019 4:40 am
Reputation: 26
Location: Houston
Real name: Jorge Alvarado
Gender: None specified

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Tue Nov 26, 2019 7:14 pm

TheRumpledOne wrote:Instance 1 - atr period = 2
Instance 2 - atr period = 3
Instance 3 - atr period = 4
.
.
.
Instance 12 - atr period = 13
Instance 13 - atr period = 14

Now, all the instances will not have the same value.

One value will be the max and one will be the min.


Admire your genius in creating this indicator. Makes rat trading sooo easy.
Trading the TRO way

"If you're wrong, guess what...thats TRADING"

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 13705
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1987
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Fri Dec 06, 2019 10:16 pm

Latest TRO_RAT_ZONE indicator attached.
Attachments
TRO_RAT_ZONE.mq4
(56.14 KiB) Downloaded 1 time
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.

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


Return to “TheRumpledOne”