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Thread: "Drain the banks" scalping method by TRO

  1. #81
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    May 2009
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    Quote Originally Posted by TheRumpledOne View Post


    Rev 8 coming soon.

    Notice the DO NOT REVERSE MESSAGES and the High/Low of the day lines.
    Sorry, if I aks silly questions, but what is supposed to be the "DO NOT REVERSE "- Message in this chart?

    And maybe it was asked before - although I read the whole thread, I donīt remember:
    Is there a possibility to add an alert pop up window to the template? Because if you are watching a few charts it is tough to be right there when a semafor builds up...

    Thank you for answering in advance.

    4rexlady

  2. #82

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    can this method be turned into an EA? Someone should try it.

  3. #83
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    Quote Originally Posted by Viv108 View Post
    can this method be turned into an EA? Someone should try it.
    beeing tryed, in another thread. if u'd read this one or search, u'll find it.


    salute

  4. #84

    Talking

    Quote Originally Posted by Russ-Trader View Post
    So please update me Fellas,
    is anybody currently trying to recreate this EA? I've just been to the website MT4Live.com - Share Your MT4 Statements Free and watched it for 10 minutes.

    That is frightening stuff. I know there is an issue of spreads but could it be optimized for the eurusd for which most of us can get a spread of 2 or just under..?

    TP could be set to a variable in the inputs couldn't it? (enter your own?)

    (I have PM'd tilong77 as well..)

    I don't think any of us has seen anything like that thing in action...
    Hello all,

    as far of looking at this statement, i believe this is not the drain the bank system from TRO, the time between the trade's are to short 18.51 sell, 18.54 buy 18.59 sell, this must bee the buy zone from TRO, correct me if i'm wrong

    best regard to all
    Last edited by Anders Malmsten; 07-24-2009 at 21:37.

  5. #85
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    Aug 2009
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    How can I get access to download the EA

  6. #86

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    Forget EAs. Most coders do not understand how to code or trade. EAs based on indicators are futile.
    IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!


    You are on the internet - If you (google) search for it, you'll probably find it.

  7. #87

    Default

    Quote Originally Posted by TheRumpledOne View Post
    Forget EAs. Most coders do not understand how to code or trade. EAs based on indicators are futile.
    ***
    Very true,
    EAs are kind of "hoping in vain coded" or "coder madness/ego mania", or "sytem test to prove it doesn't work" but most of the time "my rookie project"
    ***
    Most trading systems and indicators too.
    ***
    To find a good one is like finding a needle in the stack
    Last edited by Metatrader7; 08-28-2009 at 06:56.

  8. #88

    Default



    Drain The Banks is still draining the banks.
    IT IS NOT WHAT YOU TRADE, IT IS HOW YOU TRADE IT!


    You are on the internet - If you (google) search for it, you'll probably find it.

  9. #89
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    Absolute rubbish!

    Quote Originally Posted by TheRumpledOne View Post
    Forget EAs. Most coders do not understand how to code or trade. EAs based on indicators are futile.

  10. #90
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    Quote Originally Posted by wannaberich View Post
    Absolute rubbish!
    No, I'm most with TRO!
    Because most EA's are crap. (Otherwise we all would be rich)

    A good EA (not only MT4, can also be C++, Java, any kind of lang.) is nearly unable to get! (Until you do it your way!)
    A lot of testing, coding, debugging, etc... is necessary and, who will give this for free or for some bugs?

    So most free and commercial EAs available are crap, especially those one for scalping for some pips!!

    Bye, AT

    PS: I'm not saying it's completly impossible to code EAs, but first we/you need how to trade!!

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