HOW I DO IT
I look at my TRO DASHBOARD BAR COUNT to see what pairs have 3 or more H1 candles in a row.
Then I look at the TRO MPMM CANDLE COLOR indicator to see how far up/down price is from the H1 open. I also can see if the price is up/down for the day. Trading when H1 and D1 are the same color is usually profitable especially after a 3 bar reversal.
Never Lose Again
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- TheRumpledOne
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- TheRumpledOne
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TRO MPMM EXITS
Since I get asked about exits all the time, I wrote TRO_MPMM_EXIT.
TRO_MPMM_EXIT will show you when it's time to start thinking about exiting your trade.
There are 5 arrowheads that show exits based on:
1: CANDLE COLOR
2: HIGHER HIGH / LOWER LOW
3: CLOSE VS. PIVOT
4: CONTROL
5: CLOSE VS EMA(5)
If 3 or more arrowhead colors match then the color of the pair show that color.
If you are SHORT and the arrows are green EXIT
If you are LONG and the arrows are red EXIT.
Of course, if you THINK ABOUT IT, you can use this for entries, too but that's NOT what it was designed for.
TRO_MPMM_EXIT was sent out to all those who donated to my PayPal account.
Since I get asked about exits all the time, I wrote TRO_MPMM_EXIT.
TRO_MPMM_EXIT will show you when it's time to start thinking about exiting your trade.
There are 5 arrowheads that show exits based on:
1: CANDLE COLOR
2: HIGHER HIGH / LOWER LOW
3: CLOSE VS. PIVOT
4: CONTROL
5: CLOSE VS EMA(5)
If 3 or more arrowhead colors match then the color of the pair show that color.
If you are SHORT and the arrows are green EXIT
If you are LONG and the arrows are red EXIT.
Of course, if you THINK ABOUT IT, you can use this for entries, too but that's NOT what it was designed for.
TRO_MPMM_EXIT was sent out to all those who donated to my PayPal account.
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.
- TheRumpledOne
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I made another version of TRO HL HISTOGRAM that allows the trader to input a price and shows by how many pips price crossed that price.
It only shows in the direction of the candle color.
As you can see, trading with the H1 candle at 0.6600 would have been very profitable.
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.
- Shane
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TheRumpledOne wrote:TRO MPMM EXITS
Since I get asked about exits all the time, I wrote TRO_MPMM_EXIT.
TRO_MPMM_EXIT will show you when it's time to start thinking about exiting your trade.
There are 5 arrowheads that show exits based on:
1: CANDLE COLOR
2: HIGHER HIGH / LOWER LOW
3: CLOSE VS. PIVOT
4: CONTROL
5: CLOSE VS EMA(5)
If 3 or more arrowhead colors match then the color of the pair show that color.
If you are SHORT and the arrows are green EXIT
If you are LONG and the arrows are red EXIT.
Of course, if you THINK ABOUT IT, you can use this for entries, too but that's NOT what it was designed for.
TRO_MPMM_EXIT was sent out to all those who donated to my PayPal account.
Nice one TRO. Thanks
deeforex wrote:TheRumpledOne wrote:There are 5 arrowheads that show exits based on:
1: CANDLE COLOR
2: HIGHER HIGH / LOWER LOW
3: CLOSE VS. PIVOT
4: CONTROL
5: CLOSE VS EMA(5)
Could you please explain what #4: Control means? TIA
Hi dee,
I was reading about this just last week. I am 99% sure this is the 'control' that TRO is referring to:
TheRumpledOne on CONTROL
"If any man can convince me... ...that I do not think or act aright, gladly will I change; for I search after truth, by which man never yet was harmed. But he is harmed who abideth on still in his deception and ignorance." - Marcus Aurelius Antoninus
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- TheRumpledOne
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- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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- TheRumpledOne
- rank: 10000+ posts
- Posts: 15562
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15562
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
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