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MTF Trix system

  • #1,521
  • Aug 26, 2009 3:48pm Aug 26, 2009 3:48pm
Quoting mary4x
Yes, I've tried this pivot points indicator, The horizontal lines are fine, but the printing is quite large and obscures the info I need to see on the right side of my chart.
But isn't it better to see the Pivot lines on the chart? I cannot imagine how to use them effectively in the form of numbers only... But you can try if you insist I suggest TRO_Pivot. I post here only ex4 file as TRO does not want his code to be published in other forums besides his kreslik.com.
In the settings there should be the possibility to exclude lines, so you will have only a table with numbers.
Attached File(s)
File Type: ex4 TRO_PIVOT.ex4   14 KB | 457 downloads
  • #1,522
  • Aug 26, 2009 3:55pm Aug 26, 2009 3:55pm
Yes, I need the pivot lines. It's just that the words that come with the lines get in the way of what I'm trying to see on my chart on the right side. Will try your suggestion.
  • #1,523
  • Aug 26, 2009 3:56pm Aug 26, 2009 3:56pm
Quoting mary4x
Yes, I need the pivot lines. It's just that the words that come with the lines get in the way of what I'm trying to see on my chart on the right side. Will try your suggestion.
Try it, it is really fine as very many products of TRO are. Lines are more discrete as much as I remember. Used this indy with a hedging system to quickly find next hedging levels.
  • #1,524
  • Aug 26, 2009 4:10pm Aug 26, 2009 4:10pm
Thanks, Walb99, for the Fibonacci pivots indicator. I'll give it a try.
  • #1,525
  • Aug 26, 2009 5:23pm Aug 26, 2009 5:23pm
Quoting Indrek
Hi,

I certainly use Sm Scalper Signals - the arrows you see on my chart belong to it.
All indicators that I use are shown on the picture.
Hi Indrek I want to thank you for your replay.
  • #1,526
  • Aug 26, 2009 5:54pm Aug 26, 2009 5:54pm
Quoting mary4x
Thanks, Walb99, for the Fibonacci pivots indicator. I'll give it a try.
You're wellcome.
/ ... clarifying decisions ... /
  • #1,527
  • Aug 26, 2009 6:45pm Aug 26, 2009 6:45pm
Quoting Indrek
Hi,

I certainly use Sm Scalper Signals - the arrows you see on my chart belong to it.
All indicators that I use are shown on the picture.
Hi Indrek

Can you please post the indicator
trix_signal_price_live

and also

TRO Multi Meter snake

(if they are free indis of course)

PGPB
  • #1,528
  • Aug 26, 2009 8:21pm Aug 26, 2009 8:21pm
Hello Indrek,

i follow the thread since beginning and now i am a bit confused, about the amount of Indicator and tmp.

It is possible to updated the latest Indictor and templates on page1? It would make newcomer more easier to follow the Thread.

nice regards.

The Purples
  • #1,529
  • Aug 26, 2009 9:51pm Aug 26, 2009 9:51pm
Quoting ThePurples
Hello Indrek,

i follow the thread since beginning and now i am a bit confused, about the amount of Indicator and tmp.

It is possible to updated the latest Indictor and templates on page1? It would make newcomer more easier to follow the Thread.

nice regards.

The Purples
Hi 'The Purples'...

Just thought I would let you know that there is a trading manual in production at the moment... I think that Glen is proofreading it before sending it out. He wants it to be as correct as it can be.

Other than that, its just a matter of exercising due diligence and doing some reading. Its all here. Just have to take your time and sift through...

Regs

PPP
How do you make a small fortune in Forex? Start with a large one!
  • #1,530
  • Aug 26, 2009 11:00pm Aug 26, 2009 11:00pm
I have noticed another version on Luckylady's charts which looks useful and perhaps if allowed to if that version can be posted on this thread...I would appreciate comparing it with all the other versions mentioned.

Many thanks,
LRATHI
  • #1,531
  • Aug 26, 2009 11:12pm Aug 26, 2009 11:12pm
Daily Povit or Fibonacci Pivot is calculated from yesterday's High, Low and Close price. For different broker's platform it varies if calculated from daily chart candle because the platforms may use different time having different daily chart candles.
  • #1,532
  • Aug 26, 2009 11:44pm Aug 26, 2009 11:44pm
Up early today, so first EJ trade +25 pips. Sell went in at 133.60 tp reached at 133.35
Attached Image (click to enlarge)
Click to Enlarge Name: ej27-8.gif Size: 34 KB
  • #1,533
  • Aug 27, 2009 12:03am Aug 27, 2009 12:03am
Quoting studbiol
If you don't mind when I answer instead of Indrek:

Attachment

Attachment

Attachment

Attachment

Attachment

If I remember right you need SnakeForce in your inicator folder to run the multimeter.

I hope it works

Please, remove the mq4 version of TRO MM Snake. TRO does not allow people to post his code in other forums than his own!
  • #1,534
  • Aug 27, 2009 12:08am Aug 27, 2009 12:08am
Quoting lrathi
I have noticed another version on Luckylady's charts which looks useful and perhaps if allowed to if that version can be posted on this thread...I would appreciate comparing it with all the other versions mentioned.

Many thanks,
LRATHI
I use the attached indicators on mine.
Attached File(s)
File Type: ex4 Fibonacci Pivots THV.ex4   6 KB | 391 downloads
File Type: ex4 #SpudFibo.ex4   9 KB | 402 downloads
  • #1,535
  • Edited 12:45am Aug 27, 2009 12:19am | Edited 12:45am
Quoting ThePurples
Hello Indrek,

i follow the thread since beginning and now i am a bit confused, about the amount of Indicator and tmp.

It is possible to updated the latest Indictor and templates on page1? It would make newcomer more easier to follow the Thread.

nice regards.

The Purples
Hi,
My attitude has always been that everyone has to build up his/her own template. That is why I will not post any "official" version. Of course, all members are welcome to post their templates in the thread.
The system works on Trix and I would say that everything else that you have or do not have on your chart is optional. What form of Trix do you use - either original Trix, some SwingMan's product or the MTF version of Roy - again it is up to you.
So, everything that is necessary has been posted here already. Now it is time to speak more about tactical and strategical questions than adding indicators.
  • #1,536
  • Aug 27, 2009 12:49am Aug 27, 2009 12:49am
Quoting luckylady
I use the attached indicators on mine.
Hi Luckylady,

For your particular chart setup, do you do anything additionally to avoid choppy or ranging periods?

Looking at the time of your prior E/Y trade it seems like you didn't even need to wait for the opening of the London session and are able to trade almost anytime.

Thanks.
  • #1,537
  • Aug 27, 2009 1:04am Aug 27, 2009 1:04am
Quoting a777
Hi Luckylady,

For your particular chart setup, do you do anything additionally to avoid choppy or ranging periods?

Looking at the time of your prior E/Y trade it seems like you didn't even need to wait for the opening of the London session and are able to trade almost anytime.

Thanks.
Partly it is a myth that we need to wait for London opening. I used to believe it earlier and then it happened very often that I was sitting and watching and waiting while big moves already took place and I was left with nothing.
If you do a little research then you probably discover that there are quite often big moves around 00-01 GMT. For example, GU often starts its trending from there.
My general opinion is that for picking trading times it is better to look at the market situation and volatility not clock.
(Of course, I do not deny that London open and NY open are the best times for trading )
  • #1,538
  • Aug 27, 2009 1:08am Aug 27, 2009 1:08am
Quoting a777
Hi Luckylady,

For your particular chart setup, do you do anything additionally to avoid choppy or ranging periods?

Looking at the time of your prior E/Y trade it seems like you didn't even need to wait for the opening of the London session and are able to trade almost anytime.

Thanks.
I always wait for the signal candle on the 5min to be broken by 2pips, and the 15min and 1hr to be at least the same colour, which tends to keep me out of most chop, but I also take into account how far the market is tending to move and will adjust the tp accordingly.
  • #1,539
  • Aug 27, 2009 1:24am Aug 27, 2009 1:24am
Quoting Indrek
Partly it is a myth that we need to wait for London opening. I used to believe it earlier and then it happened very often that I was sitting and watching and waiting while big moves already took place and I was left with nothing.
If you do a little research then you probably discover that there are quite often big moves around 00-01 GMT. For example, GU often starts its trending from there.
My general opinion is that for picking trading times it is better to look at the market situation and volatility not clock.
(Of course, I do not deny that London...
Agree, look at the PA, ATR and the currency pair.

Yen crosses will obviously move during Asian session. It is not uncommon for trends to start during early Asian session and by the time Ldn session opens, you struggle to find a decent entry. However, there are usually enough trading opportunities to limit your market exposure to the peak trading times.
" Never let the past hold the future to ransom "
  • #1,540
  • Aug 27, 2009 1:27am Aug 27, 2009 1:27am
Quoting luckylady
I always wait for the signal candle on the 5min to be broken by 2pips, and the 15min and 1hr to be at least the same colour, which tends to keep me out of most chop, but I also take into account how far the market is tending to move and will adjust the tp accordingly.
Further to this post, if you look at my chart above, the only signal that would not have worked and would have hit my SL of 30 pips was the signal before the one I took. I didn't take it because it didn't go 2 pips below the signal candle.
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