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MTF Trix system

  • #241
  • Jul 24, 2009 4:10am Jul 24, 2009 4:10am
on my screen 2 arrows on trix 30 and 60, is good indi but show entry when market goes down not real time
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  • #242
  • Jul 24, 2009 4:49am Jul 24, 2009 4:49am
Quoting lrathi
66pips profit one trade.

TP=weekly resistant from where I entered

Use SMA 60 as long term trend
I have LWMA8, LWMA32 and LWMA128 on my chart. The last one is for long term trend and matches quite well with your SMA60.
The important point for me is that LWMA128 = LWMA8 of H4 TF when I trade from M15 chart.
So, I keep things within the same system
  • #243
  • Jul 24, 2009 5:10am Jul 24, 2009 5:10am
Quoting Indrek
I have LWMA8, LWMA32 and LWMA128 on my chart. The last one is for long term trend and matches quite well with your SMA60.
The important point for me is that LWMA128 = LWMA8 of H4 TF when I trade from M15 chart.
So, I keep things within the same system
Wonderful you have worked out the LWMA equivalent and work within the same MA system.Also to know that LWMA =Sma 60=H4 is very useful information.

H1 Tf suits many Part time traders...
Si I hope all this informaton is useful to other traders too.

Thanks Indrek!
  • #244
  • Jul 24, 2009 5:52am Jul 24, 2009 5:52am
Here is a picture where the blue line is LWMA128 and yellow is SMA60. Not total match but close enough.
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  • #245
  • Jul 24, 2009 6:46am Jul 24, 2009 6:46am
Quoting lrathi
Yes please.

The version is Megatrend aka hull MA. See attached.

Add email alert at CLOSE of the candle.

I also attach another indicator which has the same feature. SSL indicator
"alert at Bar close". If you know know the code "x" mins before bar close would be fantastic. I have seen this feature too on some indicators.

The advantage is that you receive only ONE email at the CLOSE of that candle rather than multiple emails in realtime when the candle changes colour.

The idea is that emails can be converted to SMS on mobile...
Does this mean, you want an alert after a candle crossed the HMA?
/ ... clarifying decisions ... /
  • #246
  • Jul 24, 2009 6:53am Jul 24, 2009 6:53am
Check this out and tell me it's working

Every possible indy is RED, means SELL, besides it's indicating a "safe" Entry as Pair below MA indies too
which is also point to sell, right? But INDY cannot see
that there is daily support line right there.
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  • #247
  • Jul 24, 2009 6:59am Jul 24, 2009 6:59am
Nothing is working for me except my Old fashion average down
Ideally with ability to sell and buy the same pair multiple times
without closing previous positions.. Yesterday I average down 4 times
on EURUSD, just get sick of those loses.. wake up in the morning to
the nice Gain.. No playing games, no screen watching, just a strategy
which is working at least for me, but I have to move account offshore
to the broker which have no US limitations on trading.

Heh looks like it's finally worked out, just need wider SL
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  • #248
  • Jul 24, 2009 6:59am Jul 24, 2009 6:59am
Quoting SkyzerFX
Check this out and tell me it's working

Every possible indy is RED, means SELL, besides it's indicating a "safe" Entry as Pair below MA indies too
which is also point to sell, right? But INDY cannot see
that there is daily support line right there.
Yes, indy does not see but you probably do? That is why indicators need also traders, otherwise they would trade without us
Using different indicators should not mean that we use them blindly and without thinking.
  • #249
  • Jul 24, 2009 7:02am Jul 24, 2009 7:02am
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  • #250
  • Edited 7:20am Jul 24, 2009 7:03am | Edited 7:20am
Quoting SkyzerFX
Nothing is working for me except my Old fashion average down
Ideally with ability to sell and buy the same pair multiple times
without closing previous positions.. Yesterday I average down 4 times
on EURUSD, just get sick of those loses.. wake up in the morning to
the nice Gain.. No playing games, no screen watching, just a strategy
which is working at least for me, but I have to move account offshore
to the broker which have no US limitations on trading.
So, you are looking for Holy Grail
How many years or at least months have you trained to trade that you sound so desperate? I think, without hard work nothing is possible, it would be just gambling.
  • #251
  • Jul 24, 2009 7:17am Jul 24, 2009 7:17am
Two trades from this morning with MTF Trix system. One with double confirmation, the other with only one.
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  • #252
  • Jul 24, 2009 8:14am Jul 24, 2009 8:14am
Profit target the next support line +72 pips.

2 trades like this is WOW!
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  • #253
  • Jul 24, 2009 8:30am Jul 24, 2009 8:30am
Quoting lrathi
Profit target the next support line +72 pips.

2 trades like this is WOW!
Where was your entry? Cannot see it on chart.
  • #254
  • Jul 24, 2009 9:11am Jul 24, 2009 9:11am
Quoting Indrek
Where was your entry? Cannot see it on chart.
It is on the chart...
I dragged the trade from account history...
Magnify the chart
  • #255
  • Jul 24, 2009 9:20am Jul 24, 2009 9:20am
Quoting lrathi
It is on the chart...
I dragged the trade from account history...
Magnify the chart
Ok, noticed it now I was just looking higher and wondering if you really caught the whole ride
  • #256
  • Jul 24, 2009 9:26am Jul 24, 2009 9:26am
In sideway market better just trust your eyes and not indies
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  • #257
  • Edited 10:08am Jul 24, 2009 9:29am | Edited 10:08am
see what I mean?.
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  • #258
  • Jul 24, 2009 10:13am Jul 24, 2009 10:13am
Quoting SkyzerFX
see what I mean?.
Thanks for continously posting your scalping charts in this swinging thread But are you interested in higher TFs too? Or you just would like to prove that indicators never work?
By the way, I know people who trade for living without using any indicators. They trade breakouts and different systems based on math and probability. I tried to show them some systems with indicators and they replied that if I continue with indicators then it would be better to stop trading at all
  • #259
  • Jul 24, 2009 1:08pm Jul 24, 2009 1:08pm
Quoting walb99
Does this mean, you want an alert after a candle crossed the HMA?

When the HMA changes colour at the close of the candle
  • #260
  • Jul 24, 2009 1:21pm Jul 24, 2009 1:21pm
Quoting Indrek
But are you interested in higher TFs too?
Yes, I don't think I'm going to trade few days as I moving to the
other Broker.. Have a great weekend.
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