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TRO, I have followed this thread and looked at some of your other ones. You are quite generous with the indicators that you make available. Is the Clop HiCl ClLo gauge available? TIA. G
piersh
California
Posts: 87 since Jun 2009
Thanks Given: 5
Thanks Received: 120
ok, i'm still trying to get to the bottom of this.
i have backtested a bunch, and mostly what I see are charts like this (see attached).
what instrument and what time frame is your chart?
kz
TheRumpledOne
Tucson, AZ
Posts: 413 since Aug 2009
That one is a donational indicator. You can use the FREE TRO_HL5. Set the period input to D1.
TheRumpledOne
Tucson, AZ
Posts: 413 since Aug 2009
Looks like you are shorting on a rising BREAK OUT!!
I do not know the stats of the instrument you are trading. If it at the extreme of it's daily range, it may be time to short. Until then, it is breaking out.