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MTF Trix system

  • #121
  • Jul 21, 2009 3:05am Jul 21, 2009 3:05am
Quoting Indrek
And what indicator is the one that says in blue letters that ADX Trend is flat?

The move-by-mouse indy does not work, it is dead in my indicators folder, does not react in any ways.
from C4 thread
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File Type: ex4 DXTrade Info v2.ex4   8 KB | 1,029 downloads
  • #122
  • Jul 21, 2009 3:09am Jul 21, 2009 3:09am
see attached
Attached Image (click to enlarge)
Click to Enlarge Name: m15 audusd double bottom at daily pivot.gif Size: 30 KB
  • #123
  • Jul 21, 2009 4:18am Jul 21, 2009 4:18am
No trades taken today besides the suspicious one - short EURJPY at 133.31. So far, the SL at 134.08 has resisted and I am waiting with great interest what will happen during the day.
It will give also a good answer to the question if ATR(14)*2 is enough for SL or is it too tight. My experience with crazy pairs like EJ and GJ make me doubt that they need much more room. If we know (or think that we know ) the intraday trend then current day's high/low is always appropriate.
  • #124
  • Jul 21, 2009 4:29am Jul 21, 2009 4:29am
Hi Indrek
Congratulations for your thread.
Are you going to make a trading journal to talk about our trades with this method ?
Regards.
  • #125
  • Jul 21, 2009 4:35am Jul 21, 2009 4:35am
Quoting madscalp
Hi Indrek
Congratulations for your thread.
Are you going to make a trading journal to talk about our trades with this method ?
Regards.
A trading journal? What could it look like? I must admit that I do not know what you mean...
But feel free to post your trades!
  • #126
  • Jul 21, 2009 4:54am Jul 21, 2009 4:54am
Quoting Indrek
A trading journal? What could it look like? I must admit that I do not know what you mean...
But feel free to post your trades!
Section Trading Journals
http://www.forexfactory.com/forumdisplay.php?f=49
Just to discuss about your and our trades but we can stay here if you want.
  • #127
  • Jul 21, 2009 4:58am Jul 21, 2009 4:58am
So, the unhappy trade has ended with a loss. We may conclude that smaller SL (e.g ATR(14)*2) would be better. But maybe we have to think if we still need additional confirmation. As seen from the chart, LWMA12 (in the form of Ventana) would avoid it. Is it the solution that we need?

Waiting for suggestions how to improve!
Attached Image (click to enlarge)
Click to Enlarge Name: ej 2107.gif Size: 71 KB
  • #128
  • Jul 21, 2009 5:00am Jul 21, 2009 5:00am
Quoting madscalp
Section Trading Journals
http://www.forexfactory.com/forumdisplay.php?f=49
Just to discuss about your and our trades but we can stay here if you want.
Why not to stay here? For me it is quite OK.
  • #129
  • Jul 21, 2009 5:08am Jul 21, 2009 5:08am
Quoting mary4x
Thanks to those who sent pivot indicators. I checked them out and will use Dm3554's SDX-TzPivots v 4.1.mq4.
Glad you like it. It's very flexible .... many useful options.
  • #130
  • Jul 21, 2009 5:12am Jul 21, 2009 5:12am
hi
can u post a template please
thanks

Quoting Indrek
Hello everybody,
This thread is for discussing a trading system that is, in fact, a variation of C4 scalping system by Edgetrader: http://www.forexfactory.com/showthread.php?t=181900.
The difference is that this system here uses only Trix indicator - higher timeframe Trix acts as a primer and current timeframe Trix as a trigger. There can be a discussion if we need a third Trix also for additional confirmation. My idea right now is that it might be not necessary.
The indicators used with this system are products of SwingMan who has contributed...
  • #131
  • Jul 21, 2009 5:15am Jul 21, 2009 5:15am
Quoting samer960
hi
can u post a template please
thanks
Sorry, I will not do it. And I have written already about the reasons.
Every trader has to build up his/her own template and adjust everything as he/she wants. That is my principle.
  • #132
  • Jul 21, 2009 5:20am Jul 21, 2009 5:20am
hi
thats a nice principle even if i dont understand this principle . up to u , no need for ur tpl
thanks
  • #133
  • Jul 21, 2009 5:46am Jul 21, 2009 5:46am
Quoting samer960
hi
thats a nice principle even if i dont understand this principle . up to u , no need for ur tpl
thanks
Besides, I think it is easier for anybody to attach needed 2 indicators to their charts instead of cleaning my template from stuff that they do not need but that I use for other systems or trend estimation or whatever other purpose.
  • #134
  • Jul 21, 2009 5:57am Jul 21, 2009 5:57am
Indrek, look what we've been missing..

Lot's of pips.. I don't know, but maybe sometime take a trade
when 15m and 1H signaling...
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  • #135
  • Jul 21, 2009 6:02am Jul 21, 2009 6:02am
Quoting SkyzerFX
Indrek, look what we've been missing..

Lot's of pips.. I don't know, but maybe sometime take a trade
when 15m and 1H signaling...
Why not? Only have to remember that M15 and H1 are very closely related - the current moves of M15 may too quickly change the colour of H1. So, when taking such a trade you may later discover that it was not so good idea at all.
Speaking about this particular trade... it was my sleeping time, so I would never take it GU really starts its big moves very often around 1-2 GMT.
  • #136
  • Jul 21, 2009 6:07am Jul 21, 2009 6:07am
Also maybe even something wrong with the Indicator itself

look how possibly h4 can turn RED on this?
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  • #137
  • Edited 6:20am Jul 21, 2009 6:10am | Edited 6:20am
Quoting SkyzerFX
Also maybe even something wrong with the Indicator itself

look how possibly h4 can turn RED on this?
I am not sure, you have to ask SwingMan directly... I think, theoretically it is possible as different timeframes are in different cycles.
And one more thing that we have to keep in mind - price action on M15 chart may theoretically change the colour of up to 16 last H4 bars. Because 4 hours consist of 16 15-min periods.
Possibly H4 on your chart turned red only when M15 turned red. And - NB! - it is not called repainting.
  • #138
  • Jul 21, 2009 6:34am Jul 21, 2009 6:34am
Ok, I took the trade here, let's see how it's plays out

Pull the trigger just before 15M TRIX give a signal
Bottom is SwingMan Vorticity Indy
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  • #139
  • Jul 21, 2009 6:36am Jul 21, 2009 6:36am
Quoting SkyzerFX
Ok, I took the trade here, let's see how it's plays out

Pull the trigger just before 15M TRIX give a signal
Bottom is SwingMan Vorticity Indy
Why do you pull the trigger BEFORE signal?
And I cannot see any trade on the chart with this system as H4 is not green?

Besides, I also put Vorticity to my chart and I see a red dot... Plus, my H4 Trix shows red.
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Click to Enlarge Name: example.gif Size: 66 KB
  • #140
  • Jul 21, 2009 6:40am Jul 21, 2009 6:40am
Nothing is green except 15M. I feel EURO will run again
And GBR been sliding, time H4 turn in GREEN (if that's the case)
I'll have 100 pips in my pocket.. Cause Look EURUSD
Is green H4 and H1 there is no way EURO going up but Pound dropping?
Will see I might just scalp few pips and get out, will watch EURUSD
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