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I wasn't but I am now
TheRumpledOne Donational Indicators
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- rob_deniro
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*** COMING ATTRACTIONS ***
TRO2011_TRADE_WICKS displays how many times the current price cuts the previous top wicks, bottom wicks, candle bodies and void space.
This gives the trader a "Heads up" as to when to buy/sell or a "warning" not to buy/sell.
Much has been written about support/resistance and supply/demand.
Price in the area of previous bottom wicks indicates there has been buying at this level. In the absence of top wicks, buying at this level could be profitable.
On the other hand, if price is in the area of previous top wicks, you may want to think twice about buying at this level.
TRO2011_TRADE_WICKS displays how many times the current price cuts the previous top wicks, bottom wicks, candle bodies and void space.
This gives the trader a "Heads up" as to when to buy/sell or a "warning" not to buy/sell.
Much has been written about support/resistance and supply/demand.
Price in the area of previous bottom wicks indicates there has been buying at this level. In the absence of top wicks, buying at this level could be profitable.
On the other hand, if price is in the area of previous top wicks, you may want to think twice about buying at this level.
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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Hi Avery,
You might want to update this thread:
http://kreslik.com/forums/viewtopic.php ... 6570#50477
You might want to update this thread:
http://kreslik.com/forums/viewtopic.php ... 6570#50477
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Hi TRO,
Your indicators are awesome, just a couple of questions, using the Buyzone indicator , I normally trade 4HR candles, and whilst in a long trade that's above the daily open, is it ideal trailing stops using the lows or one should exit the trade immediately the indicator alerts to go short, sometimes the short trades are only retracements - right ? Secondly which of your indicators or strategy can you recommend for swing trades. Lastly if I want the same indicators for tradestation v9 should I make another donation to your cause.
Your indicators are awesome, just a couple of questions, using the Buyzone indicator , I normally trade 4HR candles, and whilst in a long trade that's above the daily open, is it ideal trailing stops using the lows or one should exit the trade immediately the indicator alerts to go short, sometimes the short trades are only retracements - right ? Secondly which of your indicators or strategy can you recommend for swing trades. Lastly if I want the same indicators for tradestation v9 should I make another donation to your cause.
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