MISSED PIVOTS

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Skyold
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Re: MISSED PIVOTS

Postby Skyold » Thu Oct 17, 2019 9:55 am

BambinoFlex wrote:
Skyold wrote:
joshuayip wrote:Hi Skyold,

Thanks for opening this thread. I am interested to learn how to trade missed pivots. But I am probably not having all the indicators. I tried to follow your template using some of the indicators I already have. But it seems I am not able see the FPP. Could you please take a look at my template and see my settings are all out (attached) ? MISSED_PIVOT_TPL1.tpl

Farely new to TRO's indicator (few weeks) and have watched a few videos on missed pivot. Please forgive me if I am missing the obvious.

Mr TRO, may I please ask for your recommendation which year to donate to for missed pivots trading?

Joshua


Hi Joshua,

These are the Indis.
Try experimenting a bit with the settings yourself. So you get a better feeling for each individual

Desktop Screenshot 2019.10.14 - 21.23.26.76.png



Hey Sky,

So on the Price Analyzer, you look at the stats for "open below pivot" and "open above pivot." So Lets say the FPP is above the open, so its "Open Below Pivot" correct? Then from there I look for Open LT PP and High GT PP...I'm not understanding what that part means. Is it that saying the high of the current day has a 63.41 percent probability of being GT (greater than) the PP so I would take that Long trade? or what does High GT PP mean to you?

FPP is for the next day.
What you should have in the visor is the current PP
If the PP is greater than OPEN, then you are looking 'OPEN BELOW PP'
The probability of the last 100 days has shown that the daily high 63.41% higher than the current PP. So you can go LONG
Do the right, right and often enough = success

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BambinoFlex
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Re: MISSED PIVOTS

Postby BambinoFlex » Thu Oct 17, 2019 11:49 am

Thank you! I have the 2019 Indicators so Im waiting on the 2017 one from TRO. I placed three trades yesterday and they were all wins!
Trading the TRO way

"If you're wrong, guess what...thats TRADING"

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BambinoFlex
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Re: MISSED PIVOTS

Postby BambinoFlex » Wed Oct 23, 2019 2:33 pm

Skyold wrote:
BambinoFlex wrote:
Skyold wrote:
Hi Joshua,

These are the Indis.
Try experimenting a bit with the settings yourself. So you get a better feeling for each individual

Desktop Screenshot 2019.10.14 - 21.23.26.76.png



Hey Sky,

So on the Price Analyzer, you look at the stats for "open below pivot" and "open above pivot." So Lets say the FPP is above the open, so its "Open Below Pivot" correct? Then from there I look for Open LT PP and High GT PP...I'm not understanding what that part means. Is it that saying the high of the current day has a 63.41 percent probability of being GT (greater than) the PP so I would take that Long trade? or what does High GT PP mean to you?

FPP is for the next day.
What you should have in the visor is the current PP
If the PP is greater than OPEN, then you are looking 'OPEN BELOW PP'
The probability of the last 100 days has shown that the daily high 63.41% higher than the current PP. So you can go LONG



Hey Sky,

Been trading it this week and so far its great! As for a stop loss, I'm trying out S1 and R1. Either on Low LT S1 or Close LT S1 and vice versa. I've been doing well this week, 6/6 trades ended in profit. What I do is place my order maybe an hour before the daily candle forms and go from there. If I go to sleep during the London session, I place a trailing stop.

Anyways, I have a question, how is MID calculated on the Price Analyzer? Is it dynamic is it like the PP?
Trading the TRO way

"If you're wrong, guess what...thats TRADING"

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TheRumpledOne
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Re: MISSED PIVOTS

Postby TheRumpledOne » Wed Oct 23, 2019 3:44 pm

BambinoFlex wrote:
Anyways, I have a question, how is MID calculated on the Price Analyzer? Is it dynamic is it like the PP?


MID is (HIGH + LOW) / 2.

Yes, it is dynamic.
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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