TRO 2016 DONATIONAL INDICATORS

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PeterBerregi
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Re: TRO 2016 DONATIONAL INDICATORS

Post by PeterBerregi »

I could but can you explain what the benefit would be?

The TRO_WICK_SIZE will put those numbers on the chart.


Thanks TRO. TRO_WICK_SIZE gives the height of the wick for each candle for the current chart's pair, but it doesn't provide it in multi-pair format. Also I am not sure it provides what I am asking for.

I thought it may be useful to see across multiple pairs how far the pullback is when a pair is currently within the High and Low Break "states". Once the pair has reversed and is below the high/low of the previous candle your indicator does give the high water mark value.

My thinking is that it would be useful to see at a glance if a pair is just starting it's break or if it is pulling back from the extreme.

So using some more examples to help illustrate:

EURGBP reversed 15 - shows the high (or low) water mark of the breakout above (or below) the previous candle's high (or low).
EURJPY High Break 3 (39) - would show that EURJPY is currently 3 pips above the previous candle high and reached a maximum of 39 pips. It would show that the move was over and is now retreating from the extreme.
GBPUSD Low Break 3 (4) - shows that the pair is potentially just starting it's break.

Hope that makes a bit more sense.
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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

Yes, it makes sense. I will consider.
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Re: TRO 2016 DONATIONAL INDICATORS

Post by LIGIO »

Hi avery,
please can you explain this results for this weekend in the indi
thanks in advance
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LIGIO
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Re: TRO 2016 DONATIONAL INDICATORS

Post by LIGIO »

:oops: Hi avery,
im doing something wrong? :oops: :?:
is that i dont see how those numbers match with the graphic #-o ,
i like to see the numbers of candles that closes above and below in the last 24 hrs, :?:
can you help me to understand your indi.
thanks in advance
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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

LIGIO wrote::oops: Hi avery,
im doing something wrong? :oops: :?:
is that i dont see how those numbers match with the graphic #-o ,
i like to see the numbers of candles that closes above and below in the last 24 hrs, :?:
can you help me to understand your indi.
thanks in advance


Only 1 bar closed above that price. That is what the indicator is telling you.
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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

LIGIO wrote:Hi avery,
please can you explain this results for this weekend in the indi
thanks in advance


Can you ask a more specific question?
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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

eurusddaily.png
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Even if you traded long (following the previous day's candle color), there was an opportunity to make pips!!
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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

eurusddaily.png
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Once again, trading in the direction of the previous day's candle was profitable.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

eurusddaily.png
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Once again, trading in the direction of the previous day's candle was profitable.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: TRO 2016 DONATIONAL INDICATORS

Post by TheRumpledOne »

eurusddaily.png
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I added the wick size indicator.... does that help you SEE the PROFIT POTENTIAL??
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.
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