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Ali Son
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Postby Ali Son » Tue Dec 18, 2007 9:50 am

Not sure if there is a a precise cause and exact, determinable effect...i.e. predictive power, but what Whitakerj says is food for thougt, if not plausible.

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trader4master
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eSignal version

Postby trader4master » Thu Jan 03, 2008 5:21 pm

Looks promising. TRO, would you mind making one for esignal?
That would be great, Thanks.

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 03, 2008 9:29 pm

Much too hard to code TRO PLOT in eSignal.

I already have coded enough eSignal indicators.
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scotty_dog
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Postby scotty_dog » Mon Jan 14, 2008 12:45 pm

The chart as I see it:

- Double bottom
- Range expands / Momentum follows
- Range contracts / Momentum falls
- After range contraction, market ends one swing and changes direction

Conclusion, market contraction signals the end of the swing before the market ponders its next move.

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TheRumpledOne
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Postby TheRumpledOne » Mon Jan 14, 2008 12:51 pm

scotty_dog:

Please post a chart so we can see what you see.

Thanks.
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Postby scotty_dog » Mon Jan 14, 2008 1:04 pm

TheRumpledOne wrote:scotty_dog:

Please post a chart so we can see what you see.

Thanks.


Hi TRO,

Taken from the opening post...
Comments most welcome!

SD

** EDIT ** To clarify, FIRST LOWER CLOSE should read FIRST CLOSE LOWER THAN PREVIOUS BAR'S LOW after the range has contracted to a local norm.
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RANGE CONTRACTION.GIF
RANGE CONTRACTION.GIF (61.09 KiB) Viewed 3351 times

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TheRumpledOne
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Postby TheRumpledOne » Mon Jan 14, 2008 6:43 pm

Thanks...

Looks like it should say, EXIT AND REVERSE!!

I KNEW THAT TRO PLOT that I posted was good for something.

THANKS AGAIN!
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TheRumpledOne
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Postby TheRumpledOne » Mon Jan 14, 2008 7:33 pm

Image

TRO RANGE COMPASS shows you if the ranges are expanding or contracting on multiple time periods.
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zeller4
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Postby zeller4 » Tue Jan 15, 2008 3:28 am

TheRumpledOne wrote:Thanks...

Looks like it should say, EXIT AND REVERSE!!

I KNEW THAT TRO PLOT that I posted was good for something.

THANKS AGAIN!


Avery,
will you please post a text version for non-ts users so I can study.
thanks,
kz

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TheRumpledOne
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Postby TheRumpledOne » Tue Jan 15, 2008 3:58 am

A text version of what?

If you are talking about TRO PLOT, there is nothing to it!!

I just plots whatever you give it as inputs.

It's just that EasyLangauge is INTERPRETED so you can pass functions as parameters.
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