ANATOMY OF DRAINING THE BANK

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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 01, 2009 8:27 pm

Whoops, you are correct, Rev 8 is the latest.

http://www.kreslik.com/forums/viewtopic.php?t=1897
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby techboy » Sun Oct 04, 2009 12:45 pm

Please understand my ignorance, Im a newbie here, Just want to ask, Why do we have to look for 15 min chart to place a trade, can we not just trade on a particular chart alone, after all signals are present whatever chart you are using? Thanks

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Postby TheRumpledOne » Mon Oct 05, 2009 2:54 am

Feel free to use any timeframe you want to use.

This method was designed and tested on the M15.
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Postby sunnyboy » Mon Oct 05, 2009 11:50 am

Hi Rumpledone,

I am a total newbie and have been following your forumn. Could u explain what is a semafor. Also i have downloaded the motherloades but how can i get instructions on how to use them. Appreciate your help as i have already lost a lot of funds. Thanks

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 05, 2009 9:20 pm

A semafor is a "sign" or "signal".

Here is the original 3 Level ZZ Semafor thread:

http://www.forex-tsd.com/indicators-met ... r-mt4.html
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Postby techboy » Mon Oct 05, 2009 11:30 pm

To my understanding TRO, DTB indicator is designed and tested for scalping type of activity? can you differentiate the difference of a 1,2 or 3 appearing in a candle. Is my understanding correct? that if a number 3 semaphor appear on the low side, the next 3 semaphor will appear on the high side of a candle. Can this be use as a signal for buy or sell?

Thanks in advance.

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range

Postby fres » Tue Oct 06, 2009 12:45 am

TheRumpledOne wrote:Image

TRO,
What is the "Current Range" being referenced by the gauge (tro_range_ez) on the lower right corner? Is it the range from high to low for that particular hour ?
Thanks

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Postby TheRumpledOne » Tue Oct 06, 2009 5:16 am

Yes, range of the current bar. The current M15 bar is 31 pips from high to low.
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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 06, 2009 5:18 am

techboy wrote:To my understanding TRO, DTB indicator is designed and tested for scalping type of activity? can you differentiate the difference of a 1,2 or 3 appearing in a candle. Is my understanding correct? that if a number 3 semaphor appear on the low side, the next 3 semaphor will appear on the high side of a candle. Can this be use as a signal for buy or sell?

Thanks in advance.


There is no DTB indicator. DRAIN THE BANKS is a template that has a few indicators. The main indicators are the TRO_DYNAMIC_FIBS_SR_TRAIL and the 3_LEVEL_ZZ_SEMAFOR_TRO_MODIFIED_VERSION.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby Leviathan » Thu Oct 08, 2009 2:44 pm

I'd seen in another thread that someone believed these strategies only work well with ECN brokers. Do you feel that's true?

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