2009.09.10 DRAIN THE BANKS - LIKE A RAT

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roger_over
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Indi list

Postby roger_over » Thu Nov 05, 2009 1:41 pm

Hi Avery,
Could you please post the exact indi list that you use in the last screen shot you posted ? I have looked through the latest batch and I cannot find the exact one like you are using. No hurry take your time ,Thanks for all your help
Genius is more often found in a cracked pot than in a whole one.
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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 05, 2009 1:42 pm

gfg1 wrote:Avery. thanks for the new batch of indicators. What is the purpose of the vertical gray bar?



The gray bar is based on the weekly open. If price is above the weekly open and you are a RED RAT, you want price to move at least 100 pips above the weekly open BEFORE you enter a trade. You don't want to be overrun by the green rats.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 05, 2009 1:52 pm

jhtumblin wrote:
I always wondered, if a "system" always lose, no matter how many and how precise the indis used.


Why not make the opposite trades ?

Defy "conventional trade logic" , be like a rat.


Carlos


A system is not what typically what causes losses. Losses come from overtrading (aka losses to transaction fees), bad position sizing, and greed. We all know that a simple moving average, if you take every signaled trade, will break your account in the long term. However, you will find that the W/L ratio is near 50/50. So why can't you make money off trading just a moving average? For the reasons stated above.


Actually, if you "trade like a rat" and only trade in one direction you can make money with a moving average.

If you keep your losses to 10 pips, sooner or later, you'll catch a big run and more than make up for stops and transaction costs.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 05, 2009 1:55 pm

Image

GOT CHEESE?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: Indi list

Postby TheRumpledOne » Thu Nov 05, 2009 1:59 pm

roger_over wrote:Hi Avery,
Could you please post the exact indi list that you use in the last screen shot you posted ? I have looked through the latest batch and I cannot find the exact one like you are using. No hurry take your time ,Thanks for all your help


Image

I just posted "rat_zone" template in the DRAIN THE BANKS REV 9 thread.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Thu Nov 05, 2009 3:51 pm

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HERE WE GO AGAIN...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 05, 2009 4:15 pm

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GOT CHEESE?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 05, 2009 4:55 pm

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YES! LOL!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby jhtumblin » Thu Nov 05, 2009 10:01 pm


Actually, if you "trade like a rat" and only trade in one direction you can make money with a moving average.

If you keep your losses to 10 pips, sooner or later, you'll catch a big run and more than make up for stops and transaction costs.


That is my point. It's not the system, it's how you manage it.

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Postby tunwirwas » Fri Nov 06, 2009 9:24 am

Hi TheRumpledOne !

Thanks for the indicators, wow !!!

A question:

My problem is the order entry, I can not execute the order , the close is too near to the entry,.

I can no set the order by the 1.65783 GBP/USD M5 ,..

How do you do that?
If the entry point is not so well?
You have a screenshot live Account ?

thanks
tun,....Image

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