Never Lose Again

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Sweet Pip
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Postby Sweet Pip » Tue Oct 21, 2008 9:36 pm

TRO, how would you like to reply to "What stop losses should be used because not every time does it go down 10 or 5 pips?"

Thanks :)

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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 21, 2008 10:02 pm

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TRO MULTI METER FLAT shows if the price during the last X bars has broken out of the price range of the previous Y bars.

In the chart X = 8 and Y = 24.

Simple, yet effective way of knowing if price has been range bound.
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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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 21, 2008 10:04 pm

Sweet Pip wrote:TRO, how would you like to reply to "What stop losses should be used because not every time does it go down 10 or 5 pips?"

Thanks :)


Pipsun:

If H1 candle is red, be short.

If H1 candle is green, be long.

That's my response.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Oct 21, 2008 10:14 pm

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I don't see any easy pickings out there so I guess it's time for the buzzard to return to the nest...LOL!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 22, 2008 12:32 am

TRO BUZZARD FOR DUMMIES INDICATOR


Image

I am having way too much fun...LOL!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 22, 2008 12:42 am

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THE DRAINING CONTINUES...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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androfx
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Postby androfx » Wed Oct 22, 2008 5:18 am

Is this trading tactics and setups similar to statistic you worked on with Michal last year ?

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dragon33
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Postby dragon33 » Wed Oct 22, 2008 7:22 am

Hey TRO it looks like you have a lot off fun.

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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 22, 2008 7:36 am

androfx wrote:Is this trading tactics and setups similar to statistic you worked on with Michal last year ?


Yes. It is using some of that work.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 22, 2008 8:38 am

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DRAIN....
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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