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which indicator for MTC
Posted: Sun Feb 01, 2009 9:00 pm
by rkru
I ran across stockfetcher.com and joined because I am interested in TRO's Milking the Cows. I downloaded his Tradestation indicators from here but I am not sure which one to use. Can anyone clear this up?
Posted: Sun Feb 01, 2009 9:54 pm
by koolbreeze
rkru,
I use _TRO_BUYZONE
Posted: Wed Feb 11, 2009 9:38 pm
by supergonzo
Is this the indicator you are looking for?
SMAA_MTC__TRADE
Middle Message Gap Fill Prev Close Gap Message
308 Above Mid 401.50 -13 -480 GapUp - Short
17 Above Mid 466.00 583.00 -690.00 Filled GapUp - Short
2 SELL SHORT 12.00 20.00 -10.00 Filled GapUp - Short
I found this somewhere, and I am actually wondering how exactly it is used, it obviously has to do with gaps, but not sure what the first column
"middle message" means.
Posted: Wed Feb 11, 2009 10:48 pm
by TheRumpledOne
Middle is (High + Low) / 2.
It tells you when price is crossing the middle and/or how far away price is from the middle.
Posted: Thu Feb 12, 2009 12:38 am
by supergonzo
Thank You
