DislikedSorry zznbrm,
But that is rubbish. All true MTF indicators will only
finally set the last MTF divided by current Tf bars
when the underlying MTF bar closes.Ignored
this indicator because others were complaining about
the repainting of the MTF TRIX indicators. It addresses
this issue.
Backtesting is very important to my analysis of this sytem.
It does not do me much good to forward test a method
without first checking the historical performance of the
entries. It is a very long process to forward test different MM
configurations - backtesting is much easier (and faster) to
fine tune MM.
I only trade with the close of the M5 candle. It is difficult
to get accurate historical results when the MTF TRIX indicator
repaints. I need to know the exact value of the M15 TRIX
when M5 candle closes. This non-repainting version gives me
this information and allows me to get near 100% accuracy with
my backtests (spread, slippage, power outage, etc make 100%
accuracy impossible).
Feedback is always appreciated. Good luck with your trading.