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MightyOne
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Postby MightyOne » Thu Feb 19, 2009 8:02 pm

prochargedmopar wrote:Huh?

The 13th candle back closed long above the line. I took the trade long (buy) at 2683x and closed at 2687x for +4.2 pips. Is that according to rules?
Thanks,
Pro


:) I was looking at the blue line...

Since it is a 1m chart you only need 0.3333 pips (according to the rules).

Careful though, just taking trades because they tag the other side of line will get you whip-sawed.

What was your plan for exiting had price moved against you?

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 19, 2009 8:12 pm

Image

Remember, higher LOWS mean price moving up and lower HIGHS means price moving down.

I made a multimeter to display the count. I had done this in TradeStation years ago.
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.

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Postby es/pip » Thu Feb 19, 2009 9:03 pm

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pierre23
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Postby pierre23 » Thu Feb 19, 2009 10:39 pm

Tro, can I ask how the "mindhero" indicator works out it's signals (red/green arrows)?

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prochargedmopar
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Postby prochargedmopar » Fri Feb 20, 2009 2:59 am

I know you don't like crutches but,
Did you make a TRO_version with additional add-on's. I've got the RK version with the rubber ducky squeaks.

The main thing it does for me is continually remind me that I could actually get into a trade and ride for a while without getting jumpy. It also show's me that some trades need to be stopped out quickly.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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prochargedmopar
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Postby prochargedmopar » Fri Feb 20, 2009 3:06 am

MightyOne,
Looking at the line chart......I felt that it was close to the top of the wave. I figured that I would stop out quickly if it began to retrace the candle to form a wick. -5pips max. Wasn't gonna wait for one to close being it seemed to be ranging. Just looking for a quick pip or two. As you said .3333 was all that was needed. Will try a 5m candle tomorrow.
This is definitely a mind game.
Pro
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

pierre23
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Postby pierre23 » Fri Feb 20, 2009 3:13 am

Are you talking about mindhero?.. Whats RK?

If you are talking about mindhero then no, as far as I know there is no "TRO_xx" version.. just "mindhero"

I just want to know what it's basing its signals on. It's like a blind man about to cross the road, only he doesn't know whether or not his guide dog has been properly trained or not. lol

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prochargedmopar
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Postby prochargedmopar » Fri Feb 20, 2009 3:17 am

Pierre23
The RK version is in the newbie thread with the mindhero. It makes rubber ducky sounds when a new arrow pops up. You can set the alert to how many times you want it to signal.
Pro
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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TheRumpledOne
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Postby TheRumpledOne » Fri Feb 20, 2009 4:11 am

pierre23 wrote:Tro, can I ask how the "mindhero" indicator works out it's signals (red/green arrows)?


I did NOT write mindhero so I don't know.

I just called it from a multimeter front end.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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MightyOne
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I am so fergin bored!

Postby MightyOne » Fri Feb 20, 2009 5:20 am

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Last edited by MightyOne on Fri Feb 20, 2009 6:01 am, edited 4 times in total.

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