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MTF Trix system

  • #1,781
  • Aug 31, 2009 11:13am Aug 31, 2009 11:13am
Quoting countex
I see that you have already locked in most of the profit. very nice, step TP this is the area I need to work on.

Would you kindly repeat your mm strategy! We have been waiting for your official guide.
I have posted it before:

GBPUSD GBPJPY EURJPY 25 35 50
EURUSD AUDJPY AUDUSD 20 30 40

That is how I set up the EA.

I may manually change levels depending on key support/resistance/ pivot levels.
" Never let the past hold the future to ransom "
  • #1,782
  • Aug 31, 2009 11:16am Aug 31, 2009 11:16am
Quoting countex
i was wrong, it zoomed through 6300.
With weekly pivot just above the big number, I will settle for what I have.
Tomorrow is another day
" Never let the past hold the future to ransom "
  • #1,783
  • Aug 31, 2009 11:46am Aug 31, 2009 11:46am
Quoting Gleneagles
I have posted it before:

GBPUSD GBPJPY EURJPY 25 35 50
EURUSD AUDJPY AUDUSD 20 30 40

BE 25/20 pips
SL GBPUSD EURJPY 40
SL GBPJPY 50
SL AUDJPY EURUSD 30

TS 20-30 Depending on pair and AFTER TP1 is hit.

That is how I set up the EA for trading.

I may manually change levels depending on key support/resistance/ pivot levels.
I aim to catch a minimum of 20-25 pips as TP1. After that the trade is a free ride if the trend continues.
" Never let the past hold the future to ransom "
  • #1,784
  • Aug 31, 2009 12:41pm Aug 31, 2009 12:41pm
It is only a way to say hello.

Not sure yet about a new thread, would need plenty of more time to refine rules and MM.

See that you folks are doing fine, have a great day all.


Quoting Indrek
Thanks, Cobra
It is quite different from our system and we have even forgotten about Renko here... But good to know that it works. What about the thread dedicated to the Art of Noise? Will it be open soon?
  • #1,785
  • Aug 31, 2009 1:14pm Aug 31, 2009 1:14pm
Quoting cobraforex
It is only a way to say hello.

Not sure yet about a new thread, would need plenty of more time to refine rules and MM.

See that you folks are doing fine, have a great day all.
Nice to see you among our friends And always happy when friends drop by even if only for saying hello
  • #1,786
  • Aug 31, 2009 4:22pm Aug 31, 2009 4:22pm
Quoting Indrek
Unfortunately, I have doubts if it is working correctly. Compared to the last one (by Roy, adjusted to use MA1) and noticed that some arrows are missing...
Indrek,
I have fixed it - same logic was rqd elsewhere.
Attached File(s)
File Type: mq4 smC4Scalper Signals_v1-Indrek.mq4   16 KB | 662 downloads
File Type: ex4 smC4Scalper Signals_v1-Indrek.ex4   12 KB | 485 downloads
  • #1,787
  • Aug 31, 2009 6:11pm Aug 31, 2009 6:11pm
My first time on this thread, but I THINK (???) this is what we're after - 20-25 pips in 13 minutes (1.4340 caught my eye and would have entered, and ended at 1.4365). Wish it was real not demo:

PS: Thanks to all you wonderful souls that like to share triumph and success rather than just misery!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 40up div arrows on 1&5m.gif Size: 75 KB
Click to Enlarge Name: 40up div arrows on 1&5m3.gif Size: 74 KB
Click to Enlarge Name: 40up div arrows on 1&5m5.gif Size: 72 KB
  • #1,788
  • Aug 31, 2009 6:14pm Aug 31, 2009 6:14pm
what ever happened to K.I.S.S.
  • #1,789
  • Aug 31, 2009 6:20pm Aug 31, 2009 6:20pm
Quoting f4mnect
what ever happened to K.I.S.S.
Sorry, should have mentioned that I only went by divergence arrows on two timeframes on that one.


And am intending to do so in the future!!!!

Besides, I can't keep track of all those indis. I'm no helicopter pilot!!!
  • #1,790
  • Aug 31, 2009 6:23pm Aug 31, 2009 6:23pm
oh no worries, just charts are growing indicators lol. not a problem, i like my simple chart i'm happy. i'm going to go sit outside and watch the world burn in 3 directions from my house. so cal is burning, i'm not in danger, but u can sure see them all around
  • #1,791
  • Aug 31, 2009 6:32pm Aug 31, 2009 6:32pm
Quoting f4mnect
oh no worries, just charts are growing indicators lol. not a problem, i like my simple chart i'm happy. i'm going to go sit outside and watch the world burn in 3 directions from my house. so cal is burning, i'm not in danger, but u can sure see them all around
I'm thankful for a slow hurricane season here.

Good luck my friend!
  • #1,792
  • Aug 31, 2009 6:36pm Aug 31, 2009 6:36pm
no worries for me, i'm in city, all the hills around are burning. won't get to me, but bad weather week, lol fires here and my parents live in cabo san lucas and are getting hit by a cat 4 maybe 5 hurricane by time it gets to them tomarrow. ohh well we will all be ok, just a exciting week lol
  • #1,793
  • Aug 31, 2009 6:47pm Aug 31, 2009 6:47pm
Quoting f4mnect
what ever happened to K.I.S.S.
...And you can't even hear all the alerts blaring in the background from 50 other background templates that I can't bear to let go of.

It's a wonder I haven't fried this laptop yet, and you WILL see me on the next episode of "Obsessed"!

Anyway, thanks f4mnect and the rest of you for the great education and willingness to share!!!

...Now back to the regurlarly schedued programming.........
  • #1,794
  • Aug 31, 2009 6:52pm Aug 31, 2009 6:52pm
i only use alerts on longer time frames, alerts on 5min charts just happen to much and i start not looking at them when they keep poping up
  • #1,795
  • Aug 31, 2009 7:42pm Aug 31, 2009 7:42pm
Quoting Indrek
Another tiny trade... Was stupidly greedy and did not set TP2 at the Pivot...

http://cdn.forexfactory.com/attachme...1&d=1251721792

Essentially you are trading H1 charts and taking M15 signals on the M5 chart.??? Why did you not take the first M15 signal from the Mtf trix meter after the 3 xtrends lined up where your blue line is placed?

YOu have two kinds of arrows on yourchart One red/dark blue(Larger) which I take is the sm candle indicator with MA=0. So these are your M5 trix signals...What purpose do they serve if you are entry is on M15 trix from the Mtf Trix meter?

What are the second set of arrows the light blue ?/(smaller)ones? Are these the momentum ones of ChrisB ? What purpose do these serve? Are they augmenting gleneagles strategy in the pure form ?

Thanks indrek.
  • #1,796
  • Aug 31, 2009 7:45pm Aug 31, 2009 7:45pm
My previous two versions have problem in displaying the tf lables if you put multiple of them in more than one indicator windows (but if you use multiple of them in the same window there will be no problem). The version in this post has fixed the problem and some new features are added. if you want to enable the ShowPipsToReversalOnLable function, you need to have TRIX_Signal_Price_Live_Buffer.ex4 in your indicator folder, it is in the package.
Maybe it appears too complicated for some of you. You may switch off the function you dont need in the parameter options.


http://clip2net.com/clip/m14233/thum...-clip-80kb.png

MTF_Trix_Meter_0
  • #1,797
  • Edited 9:48pm Aug 31, 2009 8:02pm | Edited 9:48pm
Quoting Indrek
Thank you, it sounds very interesting and promising and I will give it a try, although I use the modified version right now. But it seems to me that your new version may probably replace it.
I report back after some days of using it
What modified version have you been using up to now?

I vote to let all programmers who are coding for any indicators for this trix strategy post all versions on the thread rather than by private PM/private email. Many traders like myself do not have a special forex email box....

FF does not provide attachments facilities on the PM feature.

These forums are for encouranging discussion on strategy and relevant indicatrs to the stragegy.

To date.... Xescret has been asked to PM/email me with technical issues of the version of MTF_TRIX as it was considered personal to my needs....

This is not a personal version of myself... Xescret has shared this versions for all traders who wish to use it.. I can see many traders are visual traders and are starting to see the benefit of this version.

On the other hand (Indrek) is asking programmers to code the sm candle indicators for your personal requirements and is allowed to be posted on the thread????

For this reason I VOTE for the same rule to apply which is all programmers posts all versions of indicators they wish to code and share on ths thread... Many heads put together can only improve the future versions of the indicator for all traders. If any trader does not see the immediate advantage of any indicators so be it. Let other traders benefit from them.

P.s No offence meant... only my feeling of one rule for all AND all indicators (new) put out here for all to discuss to improve all all traders... no one that may take a fancy to one trader or the other.

Thanks
  • #1,798
  • Aug 31, 2009 8:12pm Aug 31, 2009 8:12pm
Quoting Indrek
Thank you very much
I just want the arrows to be on the main chart not in the Trix window. And I do not know any version of Trix that would draw the arrows there...
There is the DX trader version too.

Infact this is a better option as it has the 2x Ma to filter out higer probability trades. I have been playing with his indicator and sure enough it is better than the one being used. Filters alot of false treades with the 2xma facility.

I am using the Ma_1=8 and Ma-2 =32. Trix set to 3.

Indrek you used this indicator before... you should have it in your repertoire.
  • #1,799
  • Aug 31, 2009 8:21pm Aug 31, 2009 8:21pm
Quoting f4mnect
what ever happened to K.I.S.S.
I agree...
For this strategy KISS is applied.. Traders only need ...see post# 1686 for the 30-5 trix strategy and post# 1689 for the 60-15-5- trix strategy of this thread.

the only improvement to filter for false signals is the Dx trader candle indicator to replace the smcandle indicator.

the newer versons of MTF -trix are just coming through by those kind programmers royston and xecret which needed to be accessed at this stage and then replaced if so desired by the individual traders.

Thank you to Royston and Xecret for sharing your programing skills and to Swingman and Dxtrader as I use your inidcators too.

Nothing else.

Thanks
  • #1,800
  • Aug 31, 2009 8:27pm Aug 31, 2009 8:27pm
Quoting lrathi
I agree...
For this strategy KISS is applied.. Traders only need ...see post# 1686 for the 30-5 trix strategy and post# 1689 for the 60-15-5- trix strategy of this thread.

the only improvement to filter for false signals is the Dx trader candle indicator to replace the smcandle indicator.

the newer versons of MTF -trix are just coming through by those kind programmers royston and xecret which needed to be accessed at this stage and then replaced if so desired by the individual traders.

Thank you to Royston and Xecret for sharing your programing...

Thanks for breakin it down!
I'm a slow reader, and always looking to cut to the chase!!!

Thanks again, and by the way, a trade simulator that you can fast forward has helped me tremendously in learning the ways of priceaction in reference to ANY indicators.

Thanks again fellas!!!
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