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

Postby TheRumpledOne » Thu Sep 23, 2010 12:06 pm

2010.09.23 A NEW RAT IS IN TOWN

Image

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.
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TRO_Multi_Meters.zip
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Last edited by TheRumpledOne on Thu Sep 23, 2010 1:31 pm, edited 1 time in total.
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Postby ajaymein » Thu Sep 23, 2010 12:15 pm

Nice, and very interesting!

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TheRumpledOne
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Postby TheRumpledOne » Thu Sep 23, 2010 12:22 pm

Image

Price closed above the 112.47. OK to enter long.

NOTE: pipEASY likes to start from H4 and work down to M5.
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ajaymein
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Postby ajaymein » Thu Sep 23, 2010 12:31 pm

TheRumpledOne wrote:Image

Price closed above the 112.47. OK to enter long.

NOTE: pipEASY likes to start from H4 and work down to M5.


Would this be used at daily extremes, H4 extremes, or whenever the goings good?

johnsund
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Postby johnsund » Thu Sep 23, 2010 1:11 pm

It would be helpful to draw a trigger line at the point where a trade should be taken to avoid confusion.

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Postby TheRumpledOne » Thu Sep 23, 2010 1:16 pm

Image

Nice run.
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Postby gfg1 » Thu Sep 23, 2010 1:16 pm

Nice Avery. Any chance to turn it into a multi pair dashboard?

Yeah, I know we are trying to work you too hard. lol


TheRumpledOne wrote:Image

Price closed above the 112.47. OK to enter long.

NOTE: pipEASY likes to start from H4 and work down to M5.

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TheRumpledOne
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Postby TheRumpledOne » Thu Sep 23, 2010 1:18 pm

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.
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tmanbone
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Postby tmanbone » Thu Sep 23, 2010 1:20 pm

Nice, I can see clearly now. lol
"The simplicity of the markets is it's greatest disguise"

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TheRumpledOne
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Postby TheRumpledOne » Thu Sep 23, 2010 1:22 pm

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. lol


TheRumpledOne wrote:Image

Price closed above the 112.47. OK to enter long.

NOTE: pipEASY likes to start from H4 and work down to M5.


Image

Already did.. it's donational. But I have not sent it out yet. Have to document.
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