TRO, thanks again for all your help. I've found the answer to most of the questions I asked above. Only thing I still dont know is how to make the indicators work as I still can't load them onto my charts.
Thanks
Joe
2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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DRAIN THE BANKS - LIKE A RAT
1) price within 20 pips of the daily low - that is OPPORTUNITY
2) red candle closes
3) green candle closes - note the high price of the green candle.
4) enter long at the green candle's high price
5) STOP LOSS IS 10 PIPS
6) Take whatever profit you can.
Let's clear things up:
1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.
2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.
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 do NOT PM me with trading or coding questions, post them in a thread.
Made few pips. The price is still in the 20 pips zone and making new low, so waiting for new opportunity.
TRO , when i make mistake , please just inform me. ok?
I ll be posting my oportunities and rezultats.
Thx for great sistem. Now i know the reason , way you got erased from lot of forums. Shame on them. This is the best sistem ever posted on any forex forum. Thx for shering indis and setup for trading.
TRO , when i make mistake , please just inform me. ok?
I ll be posting my oportunities and rezultats.
Thx for great sistem. Now i know the reason , way you got erased from lot of forums. Shame on them. This is the best sistem ever posted on any forex forum. Thx for shering indis and setup for trading.
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Balkan wrote:When the price is within 20 pips range, i only go in trade when is a numbar 1-2 or 3 on previus candle ??
The RAT rules do not mention to only trade when there is a number:
DRAIN THE BANKS - LIKE A RAT
http://kreslik.com/forums/viewtopic.php?p=25593#25593
1) price within 20 pips of the daily low - that is OPPORTUNITY
2) red candle closes
3) green candle closes - note the high price of the green candle.
4) enter long at the green candle's high price
5) STOP LOSS IS 10 PIPS
6) Take whatever profit you can.
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 do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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Made a small fix to TRO_RAT_ZONE.
I noticed I forget to put the W1 bias in the upper left hand corner so I fixed that.
PLEASE DO NOT POST MY CODE ON OTHER FORUMS.
- Attachments
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- TRO_RAT_ZONE.mq4
- (26.99 KiB) Downloaded 363 times
Last edited by TheRumpledOne on Fri Jan 29, 2010 6:36 pm, edited 1 time in total.
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 do NOT PM me with trading or coding questions, post them in a thread.
TheRumpledOne wrote:Balkan wrote:When the price is within 20 pips range, i only go in trade when is a numbar 1-2 or 3 on previus candle ??
The RAT rules do not mention to only trade when there is a number:
DRAIN THE BANKS - LIKE A RAT
http://kreslik.com/forums/viewtopic.php?p=25593#25593
1) price within 20 pips of the daily low - that is OPPORTUNITY
2) red candle closes
3) green candle closes - note the high price of the green candle.
4) enter long at the green candle's high price
5) STOP LOSS IS 10 PIPS
6) Take whatever profit you can.
Thx for clarification.
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