My Xray glasses are in for repair - you'll have to repost that screen shot..LMAO!!
Magenta line is PREVIOUS CANDLE'S MIDDLE (major control)
Cyan line is CURRENT CANDLE'S MIDDLE (minor control)
TRO Help! I getting whipped on Middle Indicator
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- TheRumpledOne
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- TheRumpledOne
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IF YOU HAVE QUESTIONS....
1) Please refer to the indicator by it's full file name because I have written so many and if it's eSignal or TradeStation.
2) Please post a screen shot so I can see.
I am not sure about the alerts... I usually have mine turned off.
1) Please refer to the indicator by it's full file name because I have written so many and if it's eSignal or TradeStation.
2) Please post a screen shot so I can see.
I am not sure about the alerts... I usually have mine turned off.
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.
Sorry for the bad screenshot. i did not realize i had done that til it posted. i had too many things on top of each other
i have attached a screenshot of today in YM 3min day only. your indicators are the TRO_Middle_Trade and TRO_Dynamic_SR2.
it seems to me the TRO Dynamic may be superflous? it looks like the way to trade the TRO_Middle_Trade is wait for a magenta line to be nearer a blue or red S/R line and then go with the proper color candle as it takes off from the S/R and crosses the magenta line?
i am not sure about targets though?
examples would be buy just after 1300 and 13:30 (likely same trade), sell around 1430, right after 15:30 not likely a sell as it would not be a red candle on the cross. (the buy at 1300 would be more a doji than a blue candle at entry also)
i am just trying to understand if i have the idea right or not. the above is just from eyeballing todays chart to see what looks like might have worked.
i would appreciate any corrections or additional info re interpretation of the indicator for scalping.
thanks
wayne
i have attached a screenshot of today in YM 3min day only. your indicators are the TRO_Middle_Trade and TRO_Dynamic_SR2.
it seems to me the TRO Dynamic may be superflous? it looks like the way to trade the TRO_Middle_Trade is wait for a magenta line to be nearer a blue or red S/R line and then go with the proper color candle as it takes off from the S/R and crosses the magenta line?
i am not sure about targets though?
examples would be buy just after 1300 and 13:30 (likely same trade), sell around 1430, right after 15:30 not likely a sell as it would not be a red candle on the cross. (the buy at 1300 would be more a doji than a blue candle at entry also)
i am just trying to understand if i have the idea right or not. the above is just from eyeballing todays chart to see what looks like might have worked.
i would appreciate any corrections or additional info re interpretation of the indicator for scalping.
thanks
wayne
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- TheRumpledOne
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Looks like you may have discovered another way to trade!
That's what is it about - finding what works for you.
There's no right or wrong way to use the indicators... just what makes money or not.
That's what is it about - finding what works for you.
There's no right or wrong way to use the indicators... just what makes money or not.
Last edited by TheRumpledOne on Fri Oct 06, 2006 5:49 am, edited 1 time in total.
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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: 15570
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
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