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It's mentally tough to buy/sell a breakout, but if you know that there are a ton of buy or sell orders placed there previously, you know that their stops lie right beyond the high/low.
With this information you can predict the breakout and feel confident entering.
It also shows you how to be a TRUE CONTRARIAN. To be a contrarian you must go against the HERD not the TREND. The RPM shows you where the herd is.
how can I get this RPM indicator?
please
Yes... I have a diffrent version but this one works like a charm as well
It's mentally tough to buy/sell a breakout, but if you know that there are a ton of buy or sell orders placed there previously, you know that their stops lie right beyond the high/low.
With this information you can predict the breakout and feel confident entering.
It also shows you how to be a TRUE CONTRARIAN. To be a contrarian you must go against the HERD not the TREND. The RPM shows you where the herd is.
how can I get this RPM indicator?
please
A friend shared this COT indicator by Sym, with explaination looks interesting.
Thanks very much Mr Tools for these nice pieces of code.
And thanks very much to Sym too!
Any link to update the "COT_report" file the way it is presented in the .rar file?
Thanks a lot anyway and congrats.
sincerely .
Tomcat98
Thanks very much Mr Tools for these nice pieces of code.
And thanks very much to Sym too!
Any link to update the "COT_report" file the way it is presented in the .rar file?
Thanks a lot anyway and congrats.
sincerely .
Tomcat98Tomcat98, this is the updated COT_report and an updated indicator and template.
Hi MrTool,
Thanks very much for the files.
Have a good WE
Tomcat98
Updated cot report, for the indicator from here: https://www.mql5.com/en/forum/173520/page3 and here: https://www.mql5.com/en/forum/173520/page3 goes into MT4 folder --> MQL4 --> files.
Updated COT report with updated indicator, which now includes open interest and SP500.
updated COT report here: https://www.mql5.com/en/forum/173520
Thanks very much mrtools for yours COT indicator.
Thanks very much mrtools for yours COT indicator.
Nono_Triono, it wasn't made by me, was made by a coder with a username Sym. This is an updated COT report from him, goes in MT4 folder --> MQL4 --> files
Updated COT report for 11/18/2014, goes in MT4 folder --> MQL4 --> files