2010.09.23 A NEW RAT IS IN TOWN
I have been following pipEASY's thread HERE since the beginning.
Recently, pipEASY mention he would wait for a green candle to close and then for price to close BELOW the green candle's open price. To me, this almost sounds like Mighty One's ZERO LINES.
Of course, you know I had to start coding indicators ( because I can ).
I updated TRO_HL5 to show the open lines and TRO_MULTIMETER_OpCl to indicate when you can go long or go short based on pipEASY's criteria.
On the chart, the line at 112.631 is the open price that the current price MUST CLOSE BELOW BEFORE YOU CAN ENTER. It is NOT a TRIGGER LINE. As you can see, the RED RAT got some cheese on the next 2 candles.
RAT REVERSAL - pipEASY style:
GREEN RAT:
1) RED CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES ABOVE THE NOTED OPEN PRICE.
RED RAT:
1) GREEN CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES BELOW THE NOTED OPEN PRICE.
PLEASE DO NOT POST MY CODE ON OTHER FORUMS.
2010.09.23 A NEW RAT IS IN TOWN
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- TheRumpledOne
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2010.09.23 A NEW RAT IS IN TOWN
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Last edited by TheRumpledOne on Thu Sep 23, 2010 1:31 pm, edited 1 time in total.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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- TheRumpledOne
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johnsund wrote:It would be helpful to draw a trigger line at the point where a trade should be taken to avoid confusion.
You should be able to SEE IT!!
RAT REVERSAL - pipEASY style:
GREEN RAT:
1) RED CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES ABOVE THE NOTED OPEN PRICE.
RED RAT:
1) GREEN CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES BELOW THE NOTED OPEN PRICE.
Last edited by TheRumpledOne on Thu Sep 23, 2010 1:28 pm, edited 2 times 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
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gfg1 wrote:Nice Avery. Any chance to turn it into a multi pair dashboard?
Yeah, I know we are trying to work you too hard. lolTheRumpledOne wrote:
Price closed above the 112.47. OK to enter long.
NOTE: pipEASY likes to start from H4 and work down to M5.
Already did.. it's donational. But I have not sent it out yet. Have to document.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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