2009.11.05 DRAIN THE BANKS - REV 9

[TheRumpledOne]

Even when I only use TRO-SusResHLL, what happens is that lines appear in a different place: if I change timeframe, the lines appears in the "right place". if I change to a diffrent profile or chart. the lines disappear until I change timeframe back and forth.

I will have to take a look at it. Thanks.

[TheRumpledOne]

hi tro,


when the last red candle go to the bottom, closed. then second green candle closed, why the green colour zone/ long signal didn't show up?

thanks a lot

That's not an entry.

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

[nechong]

hi tro,

i saw your chart, there is a colour zone come out to alert long signal /short signal, is that donation type or i can download free？

thanks

[TheRumpledOne]

That is free. Should be in the zip file in this thread on post #2

[TheRumpledOne]

Remember what H. Rearden said:

Now, 2 patterns of market behaviour happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

[nechong]

hi tro,

so should i copy all the zips file into expert-indicator folder?

thanks

[PINKPANTHER5]

Hey Tro...

Is there a certain time area where you assume that the market has made its daily low?If it makes a daily low in the first hour, thats also considered a daily low. But of course thats not that safe.

My question is, how do you assume its made it daily low??


By the way Happy New Year

[TheRumpledOne]

Hey Tro...

Is there a certain time area where you assume that the market has made its daily low?If it makes a daily low in the first hour, thats also considered a daily low. But of course thats not that safe.

My question is, how do you assume its made it daily low??


By the way Happy New Year

No time of day.

I do not assume. If the current price is equal to the low of the day, that is the low of the day AT THE TIME. It will either reverse and go up or it will make a new low which will then be the low of the day.

[Kandi84]

Hello TRO!

thank you for your great work, and nice greetings from austria!

best regards

kandi

[noone22]

If the current price is equal to the low of the day, that is the low of the day AT THE TIME

What is definition of the "day" then?
Or (more exactly) - when the "day" starts?
At 12am by MT4 broker time?

It doesn't make much sense, if think in terms
of sessions (Tokyo, London, NY).
Each session will have it different open time(s) and Low of the session.
The Lowest Low of them all will be Low of the day.

Not sure, will it make more good to take into account
Low of each session.