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MTF Trix system

  • #2,621
  • Sep 18, 2009 11:47am Sep 18, 2009 11:47am
Quoting Gleneagles
I am not sure, I suspect that the order will be rejected by the broker?
I never tried and probably will not My choices are 0.1, 0.2, 0.3, 0.4, 0.5, 1.0. So, it is quite difficult to find good combinations for scaling out as I usually do not trade full lots. And to split 0.4 to three parts is like much trouble for nothing.
  • #2,622
  • Sep 18, 2009 11:49am Sep 18, 2009 11:49am
EURJPY

System : 60, 15, 5

Results : 25 + 5 + 5 = 35
Attached Image (click to enlarge)
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  • #2,623
  • Sep 18, 2009 11:56am Sep 18, 2009 11:56am
Quoting Trader7
EURJPY

System : 60, 15, 5

Results : 25 + 5 + 5 = 35
You do not wait for confirmation of the signal on M5, do you?
  • #2,624
  • Edited 12:34pm Sep 18, 2009 11:56am | Edited 12:34pm
Quoting freedomsg
Hi Glen, I am still confuse after reading the tread and manual few times. I attach the chart for you expertise advise. The 30 and 5 min square were green. I place a up arrow below the confirm signal candle. Am I rigth here? Next you said the left candle look for higher high + 2 pips. So the correct left candle is after the signal candle or before? Sorry to ask this question again.... I need help... thank you.
HI Freedomsg

Where is you r chart?

here is example for 60, 15, 5.
orignal post by Glen is here http://www.forexfactory.com/showpost...postcount=2304
Attached Image
  • #2,625
  • Sep 18, 2009 11:57am Sep 18, 2009 11:57am
Quoting Trader7
EURJPY

System : 60, 15, 5

Results : 25 + 5 + 5 = 35
Glad to see some are still trading MTF, nice trades
" Never let the past hold the future to ransom "
  • #2,626
  • Edited 12:50pm Sep 18, 2009 12:06pm | Edited 12:50pm
Quoting Indrek
I never tried and probably will not My choices are 0.1, 0.2, 0.3, 0.4, 0.5, 1.0. So, it is quite difficult to find good combinations for scaling out as I usually do not trade full lots. And to split 0.4 to three parts is like much trouble for nothing.
My broker is the same way, but, I was able to trade .6 & higher until I was able to trade full lots.

Give it a try, the worst that can happen is the trade is rejected.

Have a good weekend all.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #2,627
  • Sep 18, 2009 12:11pm Sep 18, 2009 12:11pm
Quoting Vanhook2

Give it a try, the worst that can happen is the trade is rejected.
In fact, yes. If I set SL to BE at TP1 then nothing very bad can happen. The worst possible result would be 0.
Have a good weekend, too
  • #2,628
  • Sep 18, 2009 3:09pm Sep 18, 2009 3:09pm
Glen,

What happened your statement for todays trades that you posted earlier?

Noel.
  • #2,629
  • Sep 18, 2009 4:40pm Sep 18, 2009 4:40pm
Trader7

Man, you've had some nice trades lately. Thanks for posting.
  • #2,630
  • Sep 18, 2009 7:45pm Sep 18, 2009 7:45pm
In regards to Update Stops EA, i used it all week and it worked fine except 1 trade it did not move stops to BE. I use all 3 Take Profits, Hard Stop, Move Stop and Trailing Stop with 2 pip Slipage.
Im wondering if the one that did not work properly was because price was moving fast and maybe it gapped more than 2 pips (slippage) when price reached my Move Stop amount?
Will be interested in what Robdee can tell us, not sure if he is around ff anymore as his last post was in May.
  • #2,631
  • Sep 18, 2009 10:21pm Sep 18, 2009 10:21pm
Quoting wajid
HI Freedomsg

Where is you r chart?

here is example for 60, 15, 5.
orignal post by Glen is here http://www.forexfactory.com/showpost...postcount=2304
Hi Wajid, thank you for showing me the light! How about the post 2608 and 2611? Is it normal to have different set of color squares in two pcs in the same time frame? Thank you for your guidance.
  • #2,632
  • Sep 19, 2009 12:36am Sep 19, 2009 12:36am
Quoting freedomsg
Hi Wajid, thank you for showing me the light! How about the post 2608 and 2611? Is it normal to have different set of color squares in two pcs in the same time frame? Thank you for your guidance.
HI

Check my charts at same time that you posted earlier.

These are on Interbank Demo.

compare with yours and with each other.
Attached Image(s) (click to enlarge)
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  • #2,633
  • Edited 12:16pm Sep 19, 2009 11:05am | Edited 12:16pm
Hi traders,

I was asked to post the screenshot tool I used when posting the settings of UpdateStopps. You can do that with the screenshot capture tool. It allows you to make screenshots from large windows. The tool can scroll down inside a selected window by itself (see attachment).

Attached Image


I've copied this .exe into my folder "experts" and linked it to my desktop.

Attached File(s)
File Type: zip Capture.zip   1.0 MB | 619 downloads


I hope you enjoy it as much as I do.

Have a nice weekend
Attached Image
If there are pips you can collect - just do it!
  • #2,634
  • Sep 19, 2009 1:51pm Sep 19, 2009 1:51pm
Is there a way I can get the "Trix MTF meter roy 05 showing confirmed signals" but in MQL (not complied exe file)? I want to code an EA and the complied version does not have any output values.

This MTF indicator looks like it has good scalping potential.
NiX - click my profile & visit my website
  • #2,635
  • Sep 20, 2009 7:48pm Sep 20, 2009 7:48pm
Quoting nix
Is there a way I can get the "Trix MTF meter roy 05 showing confirmed signals" but in MQL (not complied exe file)? I want to code an EA and the complied version does not have any output values.

This MTF indicator looks like it has good scalping potential.
I think you dont need the indy at all if you want to code something from it. You may directly refer to smSuper TRIX_v1.ex4 which the indy is based on.
  • #2,636
  • Sep 21, 2009 1:35am Sep 21, 2009 1:35am
Any traders left trading MTF?
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Sep. 21 08.22.gif Size: 13 KB
" Never let the past hold the future to ransom "
  • #2,637
  • Sep 21, 2009 1:57am Sep 21, 2009 1:57am
Sure, I am. I think it's a great strategy. I entered my short just after you did and exited all at +31. My ###AutoPivot lines are different from yours (brokers I guess), so my trading will always be different to yours.
  • #2,638
  • Sep 21, 2009 2:28am Sep 21, 2009 2:28am
60 15 5

37.8 pips average
Attached Image (click to enlarge)
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" Never let the past hold the future to ransom "
  • #2,639
  • Sep 21, 2009 2:51am Sep 21, 2009 2:51am
Quoting Gleneagles
Any traders left trading MTF?

Hi Glen
Thanks for your trade chart.

Please check my chart below as in manual trade time starts from 5:30 GMT

4:30 on my mt4 my broker time (1 hour Diffrence)

So in my openion enty was at 4:45 at my MT4 at price 1.6224

am i Right?

Thanks for your comints in advance.

and my povits are also Differ.
Regards
Attached Image (click to enlarge)
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  • #2,640
  • Sep 21, 2009 2:57am Sep 21, 2009 2:57am
Quoting wajid
Hi Glen
Thanks for your trade chart.

Please check my chart below as in manual trade time starts from 5:30 GMT

4:30 on my mt4 my broker time (1 hour Diffrence)

So in my openion enty was at 4:45 at my MT4 at price 1.6224

am i Right?

Thanks for your comints in advance.

and my povits are also Differ.
Regards
I start trading around 05H30 GMT. The pivots may differ by a few pips because of different broker platform times and slight differences in price feeds. The signal was around 16224, I waited until it broke below 16200 but it was OK to take the entry a few pips earlier.
" Never let the past hold the future to ransom "
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