After everything I’ve been through, and at this point, I don’t care to try and hurt my brain. If I don’t get it, explain it in simple terms and maybe I could understand. From my personal experience going against the trend is not too bright, yet that is what the instructions do. Tell you to look for reversals without thinking, just act. I think that’s pretty straight forward. It’s the not knowing when to get out that I had a problem with, and TRO was no help. I don’t care anymore. I just stated the facts as they happened.
I can help people in other ways and other EAs than DTB or any of TRO’s “strategies”. Statistically? I know some pretty good statistics myself. That does not change the fact that the rules are incomplete, for if nothing else, the hourly rules would be added, yet to this day I still get people pasting rules without it.
Have a good life. I came here with one thing in mind, and all that has been accomplished is my time has been wasted. I don’t need TRO. I was trying to do good for others OTHER than a man that seems to have everything except a heart, but hey, that’s just coming from a man who was losing everything at the time while TRO was having his fun. Nothing personal for him. Make someone jump through unnecessary hoops. Nothing to lose for him. I lost a good bit, but by God’s grace have got a lot back. God has blessed me and I want to bless others. I don’t care to continue this conversation. I went my way a long time ago. I am ready to forget DTB for good, the teacher, all of it. It taught me no system that could make me money. If it makes you money, I’m happy for you. You are one of the few that I have seen to say that. I hope you remain profitable.
Thank you. Also, to add, I would like to say that if breakouts are also traded, and they are part of the rules, then it would make sense to add those to the rules. So again, I do thank you for trying. But again, complete rules are needed for any strategy. Leaving stoploss to a novice user instead of saying 1 pip on the other side of support/resistance and then go with breakout if breakout is with hour, that could be added. But no, we have a set of rules that for all intents and purposes, in reality, most failing traders try to trade tops and bottoms trying to pick reversals and lose. Any of this information could be given by him or his followers and is not. But I digress. Again thank you for taking the time.
What is your point? I haven’t followed or gave much of a thought about TRO in years. Get a life. I came back to follow up and see if I could make an EA to help someone else. I can do it other ways. Nuff said. As far as me making money or not, it has nothing to do with TRO. BUT WHEN I was following TRO and using his, or should I say TRYING to use his methods, I failed. If they work for you and others, good.
I would rather trade with the trend and make easy money. And yes trend is definable by an MA or with no MA, like this: “On M15 take breakout or reversal, whichever is going with hour and day direction”.
SEE, that is one line I just typed in quotations that said much more than he did in his rules about being profitable in trading. Now THAT is simple. Knowing which triggers to ignore because they are low probability would help a newbie trader, right? That would have been good for a teacher to teach. Anyways, he has his style which I do not and can not agree with in good conscience (it’s not for me at all), and I have my style of learning and teaching which I can live with.
I know this is from TRO, but this is the main point that he’s stressing all the time; one has to be his own man, thats all. A key trait in any good trader is self reliance and belief. I know thats hard for new traders to catch this and avoid dying in the jungle out there. But this is life. Dog and dog and eat cat too. I do wish for newer traders to have some kind of help too, but its hard, even I am ‘very nice’ (see my thread and you will get what I mean), due to the issue of perception.
Getting the complete rules for any strategy is impossible due to the issue of trader perception. Its really very difficult to put everything that I am thinking into words -> rules. Too much typing. If I can’t see what you see, then your rules make no sense to me. Thats precisely what an EA cannot do.
The rules only happen if the trader sees a need to create them. You the trader. The rules come after personal observation.
You respectfully have no idea what you are talking about. I’ve created hundreds of EAs. If a trader looks at multiple things and takes them into account and that is what he does, and he can explain that, then an EA can be made. The DTB EA based on the “official” rules you quoted (producing a losing EA) I made in hours. I just told you some posts back about one I created in a few hours the other day and works great. It’s an EA based on a manual system. With rules. Defined. LOL. And another EA I’m using and already made 1000 pips on no time this week. So please save me the “An EA can’t be made because…”. I call your bluff.
As an EA creator, I must have rules. I don’t have to know the strategy. I need to know the step-by-step of what a trader takes into account before he places a trade. If you have four systems in your head and know when to go from one to the other (what triggers it), in an EA you can put four strategies and go between them just like you do in your head if you know the trigger.
Let me explain EA creation to you: I take your rules. I make an EA. You put it on chart and tell me if it is trading correctly or not. You give feedback to me the EA writer. I make the necessary changes to try and implement what was wrong or missing in first/previous version of EA. This is called development. Development on a DTB EA would need input by TRO. Any modification to DTB rules other than the author himself is a new strategy. Period. A new EA would have to be written and named something else. That is development. I understand it, and it is apparent you do not.
It’s as easy as this: The responsibility of the creator of the strategy is to say at each development cycle “This is what I need to happen”. The responsibility of the creator of the EA is to find a way to implement what the creator of the strategy wants, hopefully without breaking another part of the EA in the process, which does happen, and can be fixed when it does happen. Now an analogy: When I was a prepress technician, I printed material (well, I didn’t print it on press, the pressman did that, but I got it prepared). I had to have everything within a precision of 0.004" (four thousandths of an inch). I had to know what would happen from before I got the files to packing the finished material. Now, when my boss came to me and told me what he wanted, he didn’t know HOW to accomplish it. I did. And if I didn’t, I figured out a way. This is called making a workaround, and I do it in coding sometimes just like I had to in prepress. The WHAT was the boss’ responsibility. The HOW was mine. Get it? I don’t have to know what I want to happen. I need to know what you want to happen. It’s not my strategy, it’s yours. Nobody that I know of that would pay for an EA would pay the EA creator to come up with something that sounded good to them LOL. The strategy creator would pay the EA creator to implement the strategy of it’s creator, not an coder. Obviously TRO nor you all understand development (and I KNOW I know prepress better than any one of you), so like I said, save the excuses. Not gonna fly here.
I do understand where you are going. I am in favor of EA development since I am a programmer myself and rely on EA for testing.
What I mean is that I am not in favor of getting the rules down for an EA when a particular trader’s style is discretionary. If the trader’s style is mechanical, then so be it.
My style is discretionary. Although there are certain elements that can be mechanical, I chose not to go there.
Well, that is each trader’s choice. FYI it has been proven that for new traders, a mechanical system is best.
Maybe TRO needs to put a disclaimer that he is a discretionary trader, questions will not be answered, and anyone wanting concrete rules should go elsewhere and not put in real money because “if you’re not in the game you can’t win” and lose because they think there is a system with rules when TRO trades at his discretion and will not help manual system traders because his systems are not manual, they are discretionary, and he will make anyone that ask a question curse the day the did LOL. This is my opinion. IMHO It would help the traders’ that TRO won’t help to know up front so they don’t waste their time.
Are you guys talking about The Rumpled One?? the one who takes other traders indicators, rename them and then ask for money?? nice scam… there are a lot of people doing that, including some here at BP :54:
I’d like to know who they are. Got a link to the scammers around here? BTW I roll my own. Most times I’ve asked for assistance in the past from programmers they do it wrong (for instance, something as simple as asking for FIFO closing of orders and getting – instead of ++ in order closing code. First order sent is 0. First order closed should be 0), and then think they are owed anything you ever code from then on LOL.
I do agree. Its just that he doesn’t say it directly as far as I’ve observed. If you watch his youtube, there is a video where he states ‘depending on market conditions, I have plan A, B or C’. Never got to know what these plans are anyway.
I didn’t even know about the youtube stuff. Just another way to get traders to distrust the banks when they lose, get customers to make him their IB, more people to string along for as long as he can by not answering questions. Pretty smart, but pretty low. JMHO. Makes me wonder if h’s sadistic. Oh well, just glad to be doing my own thing. Gotta go!
We both not your statement is not the whole truth. The Rumpled One does modify code he didn’t create from scratch but he posts the modified code for free. He doesn’t ask for money. People who send him donations get code that he created.
I understand it’s hard to keep up with a lot of code. I have the same problem. It’s also hard to make sure everybody that gets it knows how to use it. I have the same problem. But he was my IB, sent me stuff, and wouldn’t explain how to use it. That was my last straw. I mean, he did made it, and knows better than anybody how to use it (well, that may not be true, some people use my stuff better than I do, and have insights I don’t). I shouldn’t have to look into the code for me to get at least a brief understanding of what it’s doing. But I’m busy, he’s busy, we’re still friends despite the business disagreements, so I digress and can say that I don’t deal with near as many people as him, and still have trouble making sure everyone is updated and has the same things. It’s hard when new members show up all the time, they of course aren’t going to automatically have everything the old members have who have followed for awhile. I myself have given plenty of free stuff on forums, yet it got to the point that I decided also to give my updated stuff to those that donate to me. It takes a lot of time coding and trouble-shooting code before something works like those that get the end result see.
Don, the rules for drain the banks are very specific. What possible question could you have? Can’t speak for the other indicators you are talking about. Most indicators are intuitive - I just watch and then “aha”. Don, are you a visual, auditory or kinesthetic learner? If you are not a visual learner then that explains a lot about why you are having problems learning especially from The Rumpled One, who is obviously a visual learner.
I’ve learned from the range of great teachers to a pathetic old man black who was racist against white people but I passed his class even so. Since I have excelled at everything I’ve attempted, somehow I doubt how I learn has a lot to do with it. You see, step-by-step FULL instructions, and me maybe needing questions answered has never been a problem until I dealt with TRO. Then it became a major hassle just dealing with him. No matter what, it’s always my fault. And it’s always involves mental issues and has nothing to do with what I asked.
Here’s an EA with these specific rules entered in. Is this EA profitable? If changes are needed, well, the ball’s in TRO’s or one of his followers courts. Since this robot trades without emotion, then the emotional issues needn’t be argued with this robot. It learns like I do, by rules LOL. With this robot, we are down to specific. If it doesn’t trade the strategy, then what’s the problem? If it’s not profitable, then what’s the problem?
Only trade if there is a 1, 2 or 3 semafor on the current or previous H1 candle. NO EXCEPTIONS.
After you see the semafor on the H1 chart, look at the M15 chart for the long(light blue) and short(pink) triggers based on TRO DYNAMIC FIBS SR TRAIL indicator.
When price touches the trigger you enter. DON’T THINK, JUST ACT!
Only ONE TRADE PER M15 CANDLE. If price goes against you, just wait.
If price went against you and makes a new dynamic sup/res level, get ready to enter at the trigger. If you can’t see how this work, then DO NOT TRADE IT. I have entered up to 3 times.
What’s the STOP LOSS? The stop loss is your maximum allowed loss per trade based on your money management.
What’s the TAKE PROFIT? You take what you can. I usually take 5+ pips and leave more on the table.
Now instead of this being personal attacks of any kind, let the strategy stand or fall on its own, without emotions, or questions about what kind of learner I am, or any other beside-the-point, getting off-track stuff. It’s all a waste of time. I will only talk about this EA or revisions of it, if anyone is interested in giving feedback.
BTW, if anyone has any problems with what I’ve coded, I coded in the rules as best I can, and if someone doesn’t like it, they can either make one themselves or give input to make this one better. I did the absolute best I could by the instructions given. How’s that?
nice scam… there are a lot of people doing that, including some here at BP :54: