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MTF Trix system

  • #901
  • Aug 18, 2009 2:00pm Aug 18, 2009 2:00pm
Quoting sony



Ju pa ti si jedini ovde a mozda i na svetu koji prica srpski i trejduje...Piters takodje(Auslanko tread)

Jel moguce?!


Moze ..a moze i na engleskom

Sad si gotov

Udavicu te od postovanja

Sorry to everybody..i did not use pm for this
No problem, I will try.
" Never let the past hold the future to ransom "
  • #902
  • Edited 2:32pm Aug 18, 2009 2:02pm | Edited 2:32pm
Asctrend is a system from a few years ago
it was developed from the braintrend system
and is the same thing.

Braintrend was developed nicely into a 5 min system
on forex-tsd elite area.

It is awesome during trends, it gives signals
that should be totally ignored when ranging.

Hey Stunna.. I looked at and like using the
indexed momentum with 2 8 8 6 settings
as you gave them here. I like it very much..
especially if used like I used zerolag stochs
in a higher tf system before which is cross
confirmation.

On the ribbons, I used the ribbons, the full set
on the 1 min trading and still do and like them
very much, it makes sense to use them all for
1 min trading but just the 5 min ribbon
ie the one you displayed for this.

I personally use a very mini rainbow method, LOL
in the same way, using just 4 emas and it works
very very well for me for this system.

10 ema dodger blue
21 ema orchid/purple
35 ema gold
50 ema maroon/red

Its the same concept and works very well in two ways
1. I only enter trades when they are close together..
when the emas are spread out you can generally ride your trade
and stay in longer, and I never ever enter a trade when the
emas are spread.

They don't have to be tight together, but if they were very spread
out then come back tighter and then there is a signal
then as they come closer to continue in that same trend direction
I enter.

ie gbp/usd is falling and then price retraces and as it does, so the emas
come back together tighter, then a new sell signal comes
I would enter, if it was a buy signal I would ignore until the
emas all bunched together and flipped ie 10 above 50 instead
of below.

2. The same as the ribbons, price must be above all the mini rainbow
for a long, below for a short. And remembering the rubber band
theory, only just above or below the ema's.. big candles that
burst thru, you are just asking for retracement entering
after those, especially if it brings pa way above/below
the mini rainbow

Ema's being lined up is a super easy
and reliable way to also make sure you are trading the trend
and the trend is early, ie not spread out.

All the best

Brian

Quoting studbiol
It seems to work with COG.

Have a look here on these charts http://www.forexfactory.com/showpost...&postcount=492

Attached Image(s) (click to enlarge)
Click to Enlarge Name: mtftrix1.gif Size: 41 KB
Click to Enlarge Name: mtftrix2.gif Size: 41 KB
  • #903
  • Aug 18, 2009 2:03pm Aug 18, 2009 2:03pm
Quoting Indrek
Your indicator draws exactly the same arrows as mine. But I think that I have already enough arrows on my chart from the other indicators
I am working on how to have as few indicators as possible And I must admit that your charts are far too messy for me...

Instead of this

Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-18 post 1-6.gif Size: 37 KB


it could perhaps be

Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-18 post 1-7.gif Size: 30 KB


I have to think about it

If there are pips you can collect - just do it!
  • #904
  • Aug 18, 2009 2:15pm Aug 18, 2009 2:15pm
Quoting studbiol
Instead of this

Attachment

it could perhaps be

Attachment

I have to think about it

I like it better but it is only my personal opinion Is the MTF dashboard also good for confirmation?
  • #905
  • Edited 2:32pm Aug 18, 2009 2:18pm | Edited 2:32pm
Quoting studbiol
Instead of this

Attachment

it could perhaps be

Attachment

I have to think about it

Your first template looks intesting to me, is this a template from Quicksilver?
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-08-18 post 1-6.gif Size: 37 KB
/ ... clarifying decisions ... /
  • #906
  • Aug 18, 2009 2:26pm Aug 18, 2009 2:26pm
Quoting Indrek
I like it better but it is only my personal opinion Is the MTF dashboard also good for confirmation?
Something seems to be wrong with the Forum. Can't attach anything. Looks all very strange. I will be here again tomorrow.
If there are pips you can collect - just do it!
  • #907
  • Edited 4:22pm Aug 18, 2009 4:09pm | Edited 4:22pm
Any volunteers around who would start writing the Glen Manual in good and clear English?


Glen, I did not say anything about your English Just thinking that some good editor could do the job while you are continuing your trading lessons
I remember that you suggested studbiol in some context, so we will not have problems with German version. I may produce it in Estonian English still open.
Attached File(s)
File Type: doc Glen Volume 1.doc   180 KB | 959 downloads
  • #908
  • Aug 18, 2009 4:14pm Aug 18, 2009 4:14pm
Attached is the checklist I use to mirror Glens trading approach.

I actually have it cut out and laminated on my desk!

Works very well for (former military) me as it requires only reading and no-thinking! (Eventually memorization)

Consistency, Consistency...leads to accuracy.

-Darren
Attached File(s)
File Type: xls War Eagle Checklist.xls   34 KB | 709 downloads
  • #909
  • Aug 18, 2009 4:23pm Aug 18, 2009 4:23pm
Quoting Indrek
Any volunteers around who would start writing the Glen Manual in good and clear English?


Glen, I did not say anything about your English Just thinking that some good editor could do the job while you are continuing your trading lessons
I remember that you suggested studbiol in some context, so we will not have problems with German version. I may produce it in Estonian English still open.
Excellent idea
" Never let the past hold the future to ransom "
  • #910
  • Aug 18, 2009 4:26pm Aug 18, 2009 4:26pm
Quoting pilotui
Attached is the checklist I use to mirror Glens trading approach.

I actually have it cut out and laminated on my desk!

Works very well for (former military) me as it requires only reading and no-thinking! (Eventually memorization)

Consistency, Consistency...leads to accuracy.

-Darren
Nice military version but to my mind Glen did not suggest seeking high/low break for M60, H4.
  • #911
  • Aug 18, 2009 4:33pm Aug 18, 2009 4:33pm
Quoting Indrek
Any volunteers around who would start writing the Glen Manual in good and clear English?


Glen, I did not say anything about your English Just thinking that some good editor could do the job while you are continuing your trading lessons
I remember that you suggested studbiol in some context, so we will not have problems with German version. I may produce it in Estonian English still open.
Keel on väga lihtne, enamik inimesi sellest aru saab.

But it is better to do it in a universal language.
" Never let the past hold the future to ransom "
  • #912
  • Aug 18, 2009 4:38pm Aug 18, 2009 4:38pm
Quoting Indrek
Nice military version but to my mind Glen did not suggest seeking high/low break for M60, H4.

30M only as a suggestion.

On entry I always look for a new high/low on 5M candle.
" Never let the past hold the future to ransom "
  • #913
  • Aug 18, 2009 4:39pm Aug 18, 2009 4:39pm
Quoting Gleneagles
Keel on väga lihtne, enamik inimesi sellest aru saab.

But it is better to do it in a universal language.
Yes But if you are still going to do it in Estonian then I will correct your word order
  • #914
  • Aug 18, 2009 4:40pm Aug 18, 2009 4:40pm
Quoting Gleneagles
30M only as a suggestion.

On entry I always look for a new high/low on 5M candle.
Yes but with 30M you suggested to look for the signal candle's h/l too? I mean - the signal candle on 30M chart.

And one question that I wanted to ask already earlier:
if trading from M30 chart and looking for the signal candle's high/low - why should we go to M5 chart to wait for the break instead of setting pending orders above/below the H/L?
  • #915
  • Aug 18, 2009 4:43pm Aug 18, 2009 4:43pm
Quoting Indrek
Yes But if you are still going to do it in Estonian then I will correct your word order
I appreciate it, I am hopeless
" Never let the past hold the future to ransom "
  • #916
  • Aug 18, 2009 4:47pm Aug 18, 2009 4:47pm
Quoting Indrek
Yes but with 30M you suggested to look for the signal candle's h/l too? I mean - the signal candle on 30M chart.

And one question that I wanted to ask already earlier:
if trading from M30 chart and looking for the signal candle's high/low - why should we go to M5 chart to wait for the break instead of setting pending orders above/below the H/L?
It is not necessary to wait for break a of 5M candle if you trade the break of high/low from 30M candle but it will apply to trading 240M and 60M.
" Never let the past hold the future to ransom "
  • #917
  • Aug 18, 2009 4:57pm Aug 18, 2009 4:57pm
Quoting Gleneagles
It is not necessary to wait for break a of 5M candle if you trade the break of high/low from 30M candle but it will apply to trading 240M and 60M.
It is not necessary to wait for the break of 30m high/low but it is a safer option IMHO to do that until you are comfortable with the system.

It will definitely filter some false signals.
" Never let the past hold the future to ransom "
  • #918
  • Aug 18, 2009 4:59pm Aug 18, 2009 4:59pm
Quoting sony



Ju pa ti si jedini ovde a mozda i na svetu koji prica srpski i trejduje...Piters takodje(Auslanko tread)

Jel moguce?!


Moze ..a moze i na engleskom

Sad si gotov

Udavicu te od postovanja

Sorry to everybody..i did not use pm for this
Good news....it will be available soon in English, German , Estonian and Serbian
" Never let the past hold the future to ransom "
  • #919
  • Aug 18, 2009 5:05pm Aug 18, 2009 5:05pm
Quoting Gleneagles
Good news....it will be available soon in English, German , Estonian and Serbian

I read it but it is still confusing...sorry guys...i may be a bit stupid..

I need it with more details.

On wich chart , where, when, how...?


And that for higher time frames not crazy 5 min scalping


But that is very nice what that guy sand here on this tread..
Work smart not hard
  • #920
  • Aug 18, 2009 5:13pm Aug 18, 2009 5:13pm
Quoting sony
I read it but it is still confusing...sorry guys...i may be a bit stupid..

I need it with more details.

On wich chart , where, when, how...?


And that for higher time frames not crazy 5 min scalping


But that is very nice what that guy sand here on this tread..
No, this method looks at higher TF trading, we target 25 pips minimum.
If it is quiet tomorrow, I will post a few examples and a brief explanation.
" Never let the past hold the future to ransom "
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