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MTF Trix system

  • #2,381
  • Sep 11, 2009 12:33pm Sep 11, 2009 12:33pm
Quoting Indrek
Syahmi just posted one of the latest versions. I attach here even a newer one that was made by xecret special for me as I could not make the 1.0 version work with my Vista.
I had different versions in post 1 earlier but then I decided not to confuse new people and kept only one that is used by Glen who is the Professor in this laboratory

Thanks Idrek.

I am doing some testing over the weekend on a bounce strategy that seem to be working well. Tighter stop and bigger profits with your
indicators
  • #2,382
  • Sep 11, 2009 10:50pm Sep 11, 2009 10:50pm
On the template ...
1st indi settings :0 ,80,3, 5000
2nd indi settings :15 , 50, 3, 5000
3rd indi settings:60 ,20, 3 , 5000
Are the three setting ok ?
On the 1st one the TF is set to 0 ? Do we need to change it to 5 ?
Tks
David

Quoting Gleneagles
Here is a template you can use.
Make sure you download the indicator as well.
  • #2,383
  • Edited 3:06am Sep 12, 2009 2:01am | Edited 3:06am
Quoting david4u
On the template ...
1st indi settings :0 ,80,3, 5000
2nd indi settings :15 , 50, 3, 5000
3rd indi settings:60 ,20, 3 , 5000
Are the three setting ok ?
On the 1st one the TF is set to 0 ? Do we need to change it to 5 ?
Tks
David
I think, if you use a template then the indicators already have needed settings. You can then change them if you like and see what happens.
First number is TF and there is no difference if you set the 1st one to 0 or 5, both go for M5 if put to M5 chart.
Second number is height in the window, which is up to you.
Third is Trix period and it has to be 3.
Fourth, the big number shows how many bars have been counted. Also up to you. I use 500. As I never backtest, I do not want to waste my CPU on history.
  • #2,384
  • Sep 12, 2009 5:03am Sep 12, 2009 5:03am
Im using vista and for some reason none of the trix bars are working. In fact they are crashing my metatrader. Ive tried several versions including ones recommended for vista and still no luck?
  • #2,385
  • Sep 12, 2009 6:06am Sep 12, 2009 6:06am
Quoting dwayneyboy
EJ survived the chop for +20 (60,15,5 - note 15 was rolling)

GU took 1/2 off below R1 +21 unfortunatley moved SL too tight on 2nd half before big run up +12 (Day,4hr,60,30,15,5 you name it)

Going to look at the management EAs as my intratrade management is not hot and also had I not been babysitting EJ I could have gone back in on GU.
Can u upload your template here please ?

Thanks
  • #2,386
  • Sep 12, 2009 7:10am Sep 12, 2009 7:10am
i downloaded
- Trix MTF meter roy 05 showing confirmed signals.ex4
- mtf.tpl

loaded them where it should be (indi into [..]/experts/indicators tpl into [..]/templates)
and take a look how does look like my template. i;m not sure if it's ok
Attached Image (click to enlarge)
Click to Enlarge Name: problem.gif Size: 15 KB
  • #2,387
  • Sep 12, 2009 8:21am Sep 12, 2009 8:21am
Quoting A-game
Im using vista and for some reason none of the trix bars are working. In fact they are crashing my metatrader. Ive tried several versions including ones recommended for vista and still no luck?
Do you maybe have an old version of MT4? Is it at least 224?
  • #2,388
  • Sep 12, 2009 8:40am Sep 12, 2009 8:40am
Quoting ayseaf
Can u upload your template here please ?

Thanks
Hi Ayseaf
Gleneagles posted an official template a few pages back. Check out the mtf.tmp in the paperclip. My background is just dark grey.
  • #2,389
  • Sep 12, 2009 8:52am Sep 12, 2009 8:52am
Quoting Indrek
Do you maybe have an old version of MT4? Is it at least 224?


Im not sure but i doubt it, im on a new laptop so i downloaded the latest version less than a month ago.
  • #2,390
  • Sep 12, 2009 8:58am Sep 12, 2009 8:58am
Quoting A-game
Im using vista and for some reason none of the trix bars are working. In fact they are crashing my metatrader. Ive tried several versions including ones recommended for vista and still no luck?
Do you have these two installed as well?
Attached File(s)
File Type: ex4 smSuper TRIX_v1.ex4   11 KB | 669 downloads
File Type: ex4 TRIX_Signal_Price_Live_Buffer.ex4   5 KB | 880 downloads
  • #2,391
  • Sep 12, 2009 9:33am Sep 12, 2009 9:33am
SIr,this is spectacular.Is there any way to help a newbie get ths indicator over to mt4.I am a newbie.Great looking indicator !!!!!!!!
Quoting Indrek
Hello everybody,
This thread is for discussing a multi-timeframe trading system that is based on one indicator - Trix - with higher timeframes confirmation.

Principle:
Entries taken from M5 chart when higher timeframes confirm the signal.
Timeframe combinations used:
H4, (H1), M15, M5
H1, M15, M5
M30, M5
Basic explanation:
http://www.forexfactory.com/showpost...postcount=2304

Attached is the only mandatory indicator. All other indicators are optional.

[color=red][i](Introduction changed totally after...
  • #2,392
  • Sep 12, 2009 12:44pm Sep 12, 2009 12:44pm
Quoting George7
SIr,this is spectacular.Is there any way to help a newbie get ths indicator over to mt4.I am a newbie.Great looking indicator !!!!!!!!
I added another indicator (Sm Super Trix v 1) to the first page that must be in indicators' folder to make the Trix MTF Meter appear on the chart. You do not have the Super Trix on the chart, just keep it in the folder.
The basic explanation how to attach Roy's MTF indicator was in post 1168. It was posted by Roy when he made his first version but it appeals to this one (05) as well.
  • #2,393
  • Sep 12, 2009 1:58pm Sep 12, 2009 1:58pm
Quoting angus
Do you have these two installed as well?
that's why it didnt work
thanks man
  • #2,394
  • Sep 12, 2009 3:09pm Sep 12, 2009 3:09pm
Hi PGPB,

Can you post your indicator that you use in your charts??

thanks
Dutchsignals
  • #2,395
  • Sep 12, 2009 4:49pm Sep 12, 2009 4:49pm
Quoting dutchsignals
Hi PGPB,

Can you post your indicator that you use in your charts??

thanks
Dutchsignals
Hi Dutchsignals

You will notice a paperclip at the top right of this thread (and all threads), that is where indicators are that have been posted in this thread

For Trix I used TRIX MTF Meter royshowing confirmed signals (attached again for your benefit, but remember the paperclip is where everything is

I also use Fib pivots, xADR, and a round number indicator
Attached File(s)
File Type: ex4 Trix MTF meter roy 05 showing confirmed signals.ex4   6 KB | 679 downloads
  • #2,396
  • Sep 12, 2009 5:17pm Sep 12, 2009 5:17pm
I was wondering if anyone else has spent any time comparing the results using Roy's meter vs. Xecret's. I am posting a chart showing both (Xecret's is on the top). In one case, Xecret's meter is showing a long signal while Roy's is showing a short. They both seem very good; I was just wondering about the advantages or disadvantages of each.

I am going to compare a little more this weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: roy_xecret comparison.jpg Size: 125 KB
  • #2,397
  • Sep 12, 2009 5:30pm Sep 12, 2009 5:30pm
Quoting Dewey McG
I was wondering if anyone else has spent any time comparing the results using Roy's meter vs. Xecret's. I am posting a chart showing both (Xecret's is on the top). In one case, Xecret's meter is showing a long signal while Roy's is showing a short. They both seem very good; I was just wondering about the advantages or disadvantages of each.

I am going to compare a little more this weekend.
All of Roys signals are one bar later than Xecrets.
  • #2,398
  • Sep 12, 2009 9:10pm Sep 12, 2009 9:10pm
Please read all posts.
Roy's meter shows CONFIRMED SIGNAL, that means the meter changes colour after the bar closes for the nominated time frame.
Xecret's meter shows what the trix is actually doing and confirmed signals.

eg below
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 21 KB
  • #2,399
  • Sep 12, 2009 10:37pm Sep 12, 2009 10:37pm
I understand the difference between them. My question is whether one resulted in more good trades than the other.

Xecret's will get you in earlier, which could have some advantages but also result in more false signals. However, the higher TF confirmations might be enough of a "filter".

I was just wondering if anyone had tried using both and had any feedback yet.
  • #2,400
  • Edited 11:32pm Sep 12, 2009 11:15pm | Edited 11:32pm
Quoting Dewey McG
I understand the difference between them. My question is whether one resulted in more good trades than the other.

Xecret's will get you in earlier, which could have some advantages but also result in more false signals.
Your approach is not correct at all. No matter which indicator you use, you ALWAYS enter at the same place because the signal candle (the candle that confirms the signal) is ALWAYS THE SAME. You just read the indicators differently.

If you really want to spend your free time on comparing the indicators then attach Sm Scalper Signals to your chart. Then you see the arrows that appear under/above signal candle's. After that it is for you to decide which indicator is visually clearer for you.
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