2009.09.10 DRAIN THE BANKS - LIKE A RAT

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MightyOne
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Postby MightyOne » Wed Oct 21, 2009 5:54 pm

Here at RAT CENTRAL we do not go both ways :lol:

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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 7:25 pm

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RED RAT GOT THE CHEESE
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 7:33 pm

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RED RAT GETTING FAT...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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aussiefx
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Postby aussiefx » Wed Oct 21, 2009 7:40 pm

Thanks Avery. I knew it would have been somewhere :)

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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 7:51 pm

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RED RATS, note the HiCl column to see how much the GBPUSD, EURUSD and EURJPY retraced off the daily high.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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pip9999
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Postby pip9999 » Wed Oct 21, 2009 8:41 pm

TheRumpledOne wrote:
pip9999 wrote:
TheRumpledOne wrote:Let's clear things up:


3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.

HOPE THAT HELPS.

------------------------

Ask :
==But The Training Wheels Signal will changing between time frame, e.g. 1H -->get ready, 15/5M--->Short Trade only, should we review Parameter setting for RAT Training Wheels Indicator, but how ? So that we can adjust Rat Training Wheels signal in accordance with our main Time frame + Entry TimeFrame, e.g. 1 H & 5 M-Entry give the same signal.(short Trade Only)

Thank you



The TRAINING WHEELS does NOT change between timeframes because the WEEKLY calculation is HARD CODED.


Thank for reply, I will re-read & re-install the indicator.

rgrs,

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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 11:46 pm

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I got to thinking...

GREEN RATS look to go long within 20 pips of the daily low.

RED RATS look to go short within 20 pips of the daily high.

I added the candles_m indicator to the DRAIN THE BANKS REV 8 template to show daily candles, changed the chart period to H1, changed periods to 24 for the TRO dynamic fibs sr trail indicator and the pip trigger to 20.

Now we can easily see when price is at the daily high or low and enter accordingly.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 11:49 pm

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Looks like I'll have to make a REV 9 template.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 11:50 pm

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Yes, I like this!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 21, 2009 11:54 pm

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Yes, REV 9 will be coming soon!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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