2010.09.23 A NEW RAT IS IN TOWN
Posted: Thu Sep 23, 2010 12:06 pm
2010.09.23 A NEW RAT IS IN TOWN
I have been following pipEASY's thread HERE since the beginning.
Recently, pipEASY mention he would wait for a green candle to close and then for price to close BELOW the green candle's open price. To me, this almost sounds like Mighty One's ZERO LINES.
Of course, you know I had to start coding indicators ( because I can ).
I updated TRO_HL5 to show the open lines and TRO_MULTIMETER_OpCl to indicate when you can go long or go short based on pipEASY's criteria.
On the chart, the line at 112.631 is the open price that the current price MUST CLOSE BELOW BEFORE YOU CAN ENTER. It is NOT a TRIGGER LINE. As you can see, the RED RAT got some cheese on the next 2 candles.
RAT REVERSAL - pipEASY style:
GREEN RAT:
1) RED CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES ABOVE THE NOTED OPEN PRICE.
RED RAT:
1) GREEN CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES BELOW THE NOTED OPEN PRICE.
PLEASE DO NOT POST MY CODE ON OTHER FORUMS.
I have been following pipEASY's thread HERE since the beginning.
Recently, pipEASY mention he would wait for a green candle to close and then for price to close BELOW the green candle's open price. To me, this almost sounds like Mighty One's ZERO LINES.
Of course, you know I had to start coding indicators ( because I can ).
I updated TRO_HL5 to show the open lines and TRO_MULTIMETER_OpCl to indicate when you can go long or go short based on pipEASY's criteria.
On the chart, the line at 112.631 is the open price that the current price MUST CLOSE BELOW BEFORE YOU CAN ENTER. It is NOT a TRIGGER LINE. As you can see, the RED RAT got some cheese on the next 2 candles.
RAT REVERSAL - pipEASY style:
GREEN RAT:
1) RED CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES ABOVE THE NOTED OPEN PRICE.
RED RAT:
1) GREEN CANDLE CLOSES - NOTE OPEN PRICE OF CANDLE
2) A CANDLE CLOSES BELOW THE NOTED OPEN PRICE.
PLEASE DO NOT POST MY CODE ON OTHER FORUMS.