TRO Help! I getting whipped on Middle Indicator

[TheRumpledOne]

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)

[traderwep]

is there a file that describes how to use the "middle trade indicator". i cannot find one. it appears to make two alert sounds when hitting the aqua or magenta lines. one a click which i think is an entry alert and the other a "thunk" which i think is an exit alert.

is that correct?

[TheRumpledOne]

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.

[traderwep]

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

[TheRumpledOne]

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.

[traderwep]

ok, i was just trying to find out what it was designed for.

[watzdorf]

How would you handle a situation like on the screenshot where price is jumping around the middle?
THANK YOU,
alex

[TheRumpledOne]

You should be scalping .50 or more!!

Looks like every cross good for .50 ... go short on red and long on green.

Looks simple!!

[watzdorf]

Yes, Dax is around 5870. The problem is, the spread is 2 points

[TheRumpledOne]

then scalp the spread!!!!