INSIDE BAR TRADE FOR DUMMIES INDICATOR
Moderator: moderators
-
- rank: <50 posts
- Posts: 5
- Joined: Sat May 30, 2009 6:59 am
- Reputation: 0
- Gender:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
Hi there nitethinker - from previous TRO messages and own experience those are old objects...best delete them and reload just the indicator to plot the lines and the dashbaord and save the template again.nitethinker wrote:
Hi TRO,
Thanks for sending the indicators earlier. The 'large' price seemed to be static. The rest are working ok. I tried to remove the indicator and re-attach again, but it is still static. Anything I can try to make it work?
Thanks in advance.
hope that helps
A
-
- rank: <50 posts
- Posts: 5
- Joined: Sat May 30, 2009 6:59 am
- Reputation: 0
- Gender:
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15569
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
-
- rank: <50 posts
- Posts: 5
- Joined: Sat May 30, 2009 6:59 am
- Reputation: 0
- Gender:
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
- rank: <50 posts
- Posts: 1
- Joined: Fri Jun 05, 2009 12:07 am
- Reputation: 0
- Gender:
How do I place order for Indictor with you?
I'd like a copy if inside bar for dummies.
Please let me know how to get this.
Please let me know how to get this.
-
- rank: <50 posts
- Posts: 5
- Joined: Sat May 30, 2009 6:59 am
- Reputation: 0
- Gender:
Hi TRO,
I'm new to forex. I am trying out trading IB.
I attached a chart and can I verify my understanding? I hope to learn from all of you here. Thank you.
1. The brown line, drawn by TRO2009_TREND_METER, that is a session opening, am I right (as indicator by yellow arrow #1)?
2. So I would only go short if price break lower than the IB. (IB is the cyan #2)
3. At #3, I go short, but very soon price go up again and got stopped out at #4.
4. Am I taking the IB trade correctly and this happen to be just 1 case of a losing trade, or have I not see thing clearly enough and made a loss? I did a number of IB trades yesterday to get test it out and get familiar, but seemed to have taken a wrong directions most of the time.
5. The chart ends there as it is weekend. If however, we assume the market is still open and we are looking at the last candle, and it happens to go above IB, I will not take it, since it is price is currently BELOW the 'open line'. Am I on the right track?
I'm new to forex. I am trying out trading IB.
I attached a chart and can I verify my understanding? I hope to learn from all of you here. Thank you.
1. The brown line, drawn by TRO2009_TREND_METER, that is a session opening, am I right (as indicator by yellow arrow #1)?
2. So I would only go short if price break lower than the IB. (IB is the cyan #2)
3. At #3, I go short, but very soon price go up again and got stopped out at #4.
4. Am I taking the IB trade correctly and this happen to be just 1 case of a losing trade, or have I not see thing clearly enough and made a loss? I did a number of IB trades yesterday to get test it out and get familiar, but seemed to have taken a wrong directions most of the time.
5. The chart ends there as it is weekend. If however, we assume the market is still open and we are looking at the last candle, and it happens to go above IB, I will not take it, since it is price is currently BELOW the 'open line'. Am I on the right track?
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15569
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
I am not sure who your broker is because Alpari UK isn't showing the same inside bars.
The inside bar trade to take was the one at the top!! ( 3 inside bars ago )
Or if you trade the NY session the one 2 inside bars ago.
But going short in the third inside bar is just arriving LATE TO THE SHORT PARTY.. THE PARTY WAS ENDING!!
If you just LOOK at the chart, what do YOU SEE? I see that price had already dropped many pips and was consolidating. Of course, ANYTHING CAN HAPPENING but you have to SEE and RECOGNIZE WHAT IS HAPPENING!!
You might find the in&out indicator by free84 handy to plot the vertical lines on inside and/or outside bars.
- Attachments
-
- in&out.mq4
- (3.87 KiB) Downloaded 789 times
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.
-
- rank: <50 posts
- Posts: 5
- Joined: Sat May 30, 2009 6:59 am
- Reputation: 0
- Gender:
TheRumpledOne wrote:I am not sure who your broker is because Alpari UK isn't showing the same inside bars.
The inside bar trade to take was the one at the top!! ( 3 inside bars ago )
Or if you trade the NY session the one 2 inside bars ago.
But going short in the third inside bar is just arriving LATE TO THE SHORT PARTY.. THE PARTY WAS ENDING!!
If you just LOOK at the chart, what do YOU SEE? I see that price had already dropped many pips and was consolidating. Of course, ANYTHING CAN HAPPENING but you have to SEE and RECOGNIZE WHAT IS HAPPENING!!
You might find the in&out indicator by free84 handy to plot the vertical lines on inside and/or outside bars.
I've 1 with Alpari UK and 1 with FXDD, and I was trying to trade IB using FXDD's chart.
Indeed the 2 brokers' charts look different and the inside bars produced were not exactly the same!
Yes! I see the price drop and I'm indeed late. I should not just jump at every IB that appear! When the new week start, I'll try to see if I can recognize what is happening and to improve on the IB trades.
Thank you!
Last edited by nitethinker on Sun Jun 21, 2009 2:52 am, edited 1 time in total.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.