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MTF Trix system

  • #1,601
  • Aug 27, 2009 12:05pm Aug 27, 2009 12:05pm
Walb, I'm not fond of TRO at all for reasons not necessary to go into here. He makes indicator after indicator, usually knock off of others. In any event, how to use the TRo-Wrap one in your trading? All I see is a line that follows the up and down movement of the pair.
  • #1,602
  • Aug 27, 2009 12:12pm Aug 27, 2009 12:12pm
60 15 5

Missed first signal but managed to get in after the retrace at exactly the same spot.
Traded half position with 1 TP target because it was late in the session.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_09 Aug. 27 21.07.gif Size: 17 KB
" Never let the past hold the future to ransom "
  • #1,603
  • Aug 27, 2009 12:29pm Aug 27, 2009 12:29pm
Just in case you think I always win.

Loser -25 earlier on AUDJPY.

Will even post a chart later to prove it.
" Never let the past hold the future to ransom "
  • #1,604
  • Aug 27, 2009 12:30pm Aug 27, 2009 12:30pm
Quoting Gleneagles
Just in case you think I always win.

Loser -25 earlier on AUDJPY.

Will even post a chart later to prove it.
Hey, but you were not supposed to trade this week? Or did I misunderstand sth?
  • #1,605
  • Aug 27, 2009 12:32pm Aug 27, 2009 12:32pm
Quoting paradoxical
Walb, I'm not fond of TRO at all for reasons not necessary to go into here. He makes indicator after indicator, usually knock off of others. In any event, how to use the TRo-Wrap one in your trading? All I see is a line that follows the up and down movement of the pair.
I am recovering indiholic. I had to try everything

the idea is that this is volume based ma, so once the PA crosses it, it will go in that direction for a while before hugging back the PA.
WANT WHAT THE MARKET WANTS...
  • #1,606
  • Aug 27, 2009 12:33pm Aug 27, 2009 12:33pm
Quoting Gleneagles
60 15 5

Missed first signal but managed to get in after the retrace at exactly the same spot.
Traded half position with 1 TP target because it was late in the session.
very nice, text book MTF Trix.
WANT WHAT THE MARKET WANTS...
  • #1,607
  • Aug 27, 2009 12:37pm Aug 27, 2009 12:37pm
Just wanted to say thank you to Gleneagles.

I have been reading this thread for the last week.

The lightbulbs went off today and I am truly greateful for the gift his knowledge.

Will follow this thread and finish reading the last 25 pages.


Good Luck to all and I hope to have some charts and pips to report in the coming weeks

Great Weekend To All
  • #1,608
  • Aug 27, 2009 12:39pm Aug 27, 2009 12:39pm
Quoting Indrek
Hey, but you were not supposed to trade this week? Or did I misunderstand sth?
It was just a small trade for beer money Things are getting expensive now.
" Never let the past hold the future to ransom "
  • #1,609
  • Aug 27, 2009 12:45pm Aug 27, 2009 12:45pm
Quoting Gleneagles
It was just a small trade for beer money Things are getting expensive now.
Some 40-pip beer? Not bad
  • #1,610
  • Aug 27, 2009 12:46pm Aug 27, 2009 12:46pm
Quoting Gleneagles
It was just a small trade for beer money Things are getting expensive now.
I am busy moving to a new ISP with new technology. I thought it will take most of the week to test the equipment and set up. Just doing a few small trades to test the trading bridge.

Will be back trading 4-6 pairs next week again.
" Never let the past hold the future to ransom "
  • #1,611
  • Aug 27, 2009 12:47pm Aug 27, 2009 12:47pm
Quoting Indrek
Some 40-pip beer? Not bad

Yup, I drink a lot
" Never let the past hold the future to ransom "
  • #1,612
  • Aug 27, 2009 12:49pm Aug 27, 2009 12:49pm
Quoting countex
It is called momentum trendcycle. I like trix 7, so I used mom 14 for more long term perspective.

Thank you ... I like Trix 7,1,1,1,C too in my charts (only the arrows as entry-signals) ... I will give mom 14 a chance to benefit

If there are pips you can collect - just do it!
  • #1,613
  • Aug 27, 2009 1:35pm Aug 27, 2009 1:35pm
I am not sure what trading conditions will be like next week but if there are decent setups , I will start setting up trades across a few TF`s.

It will give you an idea how MTF can balance your risk and exposure in the market.

I will post the trades on GBPUSD if there are suitable entries.
" Never let the past hold the future to ransom "
  • #1,614
  • Aug 27, 2009 2:12pm Aug 27, 2009 2:12pm
Hi, I've been working with the 60-15-5 strat, and I have come up with this document...

I included a visual walk through.

This system obviously works, and has worked well for me.

I just felt as though it needed to be documented.

Please let me know what you think.

Thanks!

Darren
Attached File(s)
File Type: pdf Forex Strat_60-15-5 GLEN EAGLES_POST.pdf   636 KB | 1,437 downloads
  • #1,615
  • Aug 27, 2009 3:06pm Aug 27, 2009 3:06pm
Quoting Gleneagles
GBPJPY 60M Asian session.

Looks like the ranges are big enough to trade.
Glen, would it be possilbe if you post the indy that you use to mark the trading session in form of gray areas? TIA.
  • #1,616
  • Edited 3:47pm Aug 27, 2009 3:17pm | Edited 3:47pm
Quoting pgpb
I have an account with InterbankFX and my charts and indicators appear just fine, however on my account at Alpari when I set up a Swingman UltrasuperTrix MTF indicator in a second window, it does not show up

Here is what I would like it to look like, and the next chart is what it is looking like in Alpari

Anyone here able to post more than one trix with Alpari MT4
Hi!

I tried Alpari (UK) demo for a while. there are several problems

during news release the servers are crashing often

if you want to switch form one instrument to GBPUSD the platform is crashing

otherwise it's OK (lol)

I'm back to broco demo, this is more stable.

best regards

you are wellcome
/ ... clarifying decisions ... /
  • #1,617
  • Aug 27, 2009 6:36pm Aug 27, 2009 6:36pm
Quoting Gleneagles
I am busy moving to a new ISP with new technology. I thought it will take most of the week to test the equipment and set up. Just doing a few small trades to test the trading bridge.

Will be back trading 4-6 pairs next week again.
Glen, would to care to share something about the trading bridge? I have never heard of them before. You said previously that they make your SL's and TP's invisible to the broker?
How do you make a small fortune in Forex? Start with a large one!
  • #1,618
  • Aug 27, 2009 6:38pm Aug 27, 2009 6:38pm
Quoting xecret
Glen, would it be possilbe if you post the indy that you use to mark the trading session in form of gray areas? TIA.
Enjoy!

Just check the GMT shift though...
Attached File(s)
File Type: mq4 C4_FocusTime.mq4   5 KB | 506 downloads
How do you make a small fortune in Forex? Start with a large one!
  • #1,619
  • Edited 10:04pm Aug 27, 2009 9:52pm | Edited 10:04pm
Quoting pilotui
Hi, I've been working with the 60-15-5 strat, and I have come up with this document...

I included a visual walk through.

This system obviously works, and has worked well for me.

I just felt as though it needed to be documented.

Please let me know what you think.

Thanks!

Darren
Maybe I have missed sth but... I do not think that the high and low of M15 candle are relevant at all? Where did the idea come from? At least I have never paid any attention to it, the only thing I need from M15 is that its direction should match with M60 and M5, that's it. My entry is at the break of M5 candle not M15.

I think that every trader should write down a personal set of rules as the technical issues are up to anyone's decision and cannot be dictated by the general rules. For example, I never draw any lines nor use any audible alerts. And SL/TP/BE are also quite personal matters, up to traders discretion.

So, my idea is that in the general manual we mention the principles of the system and let anyone to deal with personal technical issues. Speaking about SL/TP - we may provide some examples or general suggestions about its possible range but not fix the exact numbers.

Glen, how is it going with the manual
  • #1,620
  • Aug 27, 2009 10:30pm Aug 27, 2009 10:30pm
Quoting paidperpip
Enjoy!

Just check the GMT shift though...
Thanks. But it's different from Glen's which is a bit more tidy.
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