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Some Ground Rules for DTB - RAT

Posted: Fri Apr 16, 2010 6:39 pm
by nkhawaja
I have tried to execute DTB like a RAT and tried to be Green RAT but failed miserably. I tried the following

1- On 5 min chart
2- EU and Asian Time frame at 11PM PST
3-Red Candle Close, Green Candle Close, long at the high of Green Candle
4-Within 20 pips of the daily low

I am not sure what would be D1, H1 and W1 settings be?

please guide

thanks

Posted: Fri Apr 16, 2010 11:31 pm
by bredin
for safetys sake trade in the direction of the majority H1,D1,W1.

also practice, keep a log and learn to watch the PA.

G.

Posted: Sat Apr 17, 2010 1:33 am
by TheRumpledOne
Post a chart showing your entry/exit.

What are D1, H1 and W1 settings?

Posted: Sat Apr 17, 2010 2:09 am
by newschool
...........

EA

Posted: Sat Apr 17, 2010 3:47 pm
by Tripken
newschool wrote:...........


Hey newschool, never used metaeditor, compiled it but can't find the executable program file. Any help would be appreciated.


Posted: Sat Apr 17, 2010 6:02 pm
by nkhawaja
Did you hijack my theread? or this is something relevant?
anyways TRO, i couldnt capture the screen shots, but i will do it next time for sure. I think the W1 was Green and both H1 and D1 were red.

I am a little confused here, could you tell me if the long entry to be in accordance with W1 only?

the thing is this is a reversal system and D1 and H1 might be red while you are trying to go long. please advise

thanks

Posted: Sun Apr 18, 2010 3:23 pm
by TygerKrane
You might could check out some of Pro Traders posts. They are inspiring examples of rat trading.

Do a search here, in the Search for Author box, put "Pro Trader"
Make sure you click Display Results as "Posts"

Here are some:
http://kreslik.com/forums/viewtopic.php?p=37546&highlight=pips#37546
http://kreslik.com/forums/viewtopic.php?p=37420&highlight=pips#37420
http://kreslik.com/forums/viewtopic.php?p=37419&highlight=pips#37419

Posted: Sun Apr 18, 2010 5:05 pm
by nkhawaja
thanks Tyger, I have gone over threads and threads, will explore further on "Pro Trader" posts. I think D1 might be Red but W1 and H1 to be Green to go Long after Red Candle, Green Candle, High of Last Green Candle

Posted: Sun Apr 18, 2010 5:49 pm
by TygerKrane
Make sure you really understnad those TRO posts, where he says

Lets clear things up

I love those.
He's posted them numerous times.