Confirmed by all timeframes.
Attached Image (click to enlarge)
- #3,064
- Oct 2, 2009 8:56am Oct 2, 2009 8:56am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Gbpjpy
60 15 5
25 + 30 + 35 = 90
What are the main conditions for you to enter?
- #3,065
- Oct 2, 2009 9:03am Oct 2, 2009 9:03am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
GBPUSD
60 15 5
Results : 20 + 25 + 2 = 47
............20 + 25 + 30 = 75
GBPJPY and GBPUSD Total = 212
- #3,066
- Oct 2, 2009 10:52am Oct 2, 2009 10:52am
Two minutes left from monitor then missed this chance. PA goes too fast!!
GU:60,15,5 (it seems no enough room for EU and GU to go north so maybe this was the last chance for today...)
Go to sleep. Have a lovely weekend everyone. And don't forget read manual again and do some FX homework. There is a chinese saying: 'A man who is able to review past knowledge and acquire new knowledge is qualified to be a teacher'.
GU:60,15,5 (it seems no enough room for EU and GU to go north so maybe this was the last chance for today...)
Go to sleep. Have a lovely weekend everyone. And don't forget read manual again and do some FX homework. There is a chinese saying: 'A man who is able to review past knowledge and acquire new knowledge is qualified to be a teacher'.
- #3,068
- Oct 2, 2009 12:54pm Oct 2, 2009 12:54pm
- Joined Oct 2009 | Status: magic | 1,729 Posts
Sorry, I did not get the meaning of this sentence...
means my posts dont hit the thread real time
, moderators assess them first
- #3,072
- Oct 2, 2009 1:33pm Oct 2, 2009 1:33pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
You mean, even if the signal is not confirmed? Just a cross of 0 is enough?
I noticed that if the signal is already confirmed at M60 then as soon as M15 turns to the same direction, there will be a good move.
so far!
Good Vanhook, great point
This brings me to ask, as this appears to be the case
for Vanhook, I know there are others... do others
like to only enter trades when the trix time frames you
are confirming are only all strong colors?
Ie its very different to me if the 5 15 30 and 60
(which is what I usually prefer using) all just agree
ie are above 0 or all below 0, or if they all are strong
green for a long or strong red for a short...most
of the whipsaw trades and very long trades I had
I noticed where when 1 or more were agreeing
but exhausted according to sm trix 4col.
By having whatever time frames you are using
all strongly agreeing you just tend to have faster
and more direct trades in my experience.
I am bringing this up because I was asking pipstroll
if he could do a version of the trix alert where
whatever time frames you enter, they have to
all strongly agree for an alert, if one or more was
exhausted color, then you could choose to
not get those alerts.
Would anyone else find this helpful? It looks perfect obviously
in back testing but if you watch live it makes a big difference
to me, only taking trades where my time frames all are
strong trend color agreeing not just same side of 0.
So would anyone else appreciate having a mtf trix alert
that can be made to only alert if you wish, like me,
when all time frames are strong agreeing?
thanks for your feedback.
Brian
This brings me to ask, as this appears to be the case
for Vanhook, I know there are others... do others
like to only enter trades when the trix time frames you
are confirming are only all strong colors?
Ie its very different to me if the 5 15 30 and 60
(which is what I usually prefer using) all just agree
ie are above 0 or all below 0, or if they all are strong
green for a long or strong red for a short...most
of the whipsaw trades and very long trades I had
I noticed where when 1 or more were agreeing
but exhausted according to sm trix 4col.
By having whatever time frames you are using
all strongly agreeing you just tend to have faster
and more direct trades in my experience.
I am bringing this up because I was asking pipstroll
if he could do a version of the trix alert where
whatever time frames you enter, they have to
all strongly agree for an alert, if one or more was
exhausted color, then you could choose to
not get those alerts.
Would anyone else find this helpful? It looks perfect obviously
in back testing but if you watch live it makes a big difference
to me, only taking trades where my time frames all are
strong trend color agreeing not just same side of 0.
So would anyone else appreciate having a mtf trix alert
that can be made to only alert if you wish, like me,
when all time frames are strong agreeing?
thanks for your feedback.
Brian
The EU & EJ.
See attached
Also..if you look at your charts, the mtf trix alert as I am asking pipstroll if he could do for us would allow you to catch other great moves when say the 1 hr or comes back to strongly agreeing and the 15 min has been strongly agreeing, or both change to strongly agreeing to the same direction the same candle, ie not just changing trix side ie up to down, down to up, but both for example can stay above 0, but then the 1 hr for example changes to strong blue, the mtf trix alert could notify of this, these are usually very good momentum trades in one direction! Ie see on your chart below it looks like 18:05 on your gbp usd chart this exact thing happens.
the 15 and 1 hr both stayed above 0 for a long time after the initial good move, but when the 1 hr comes
back to strong again it was a perfect re-entry and straight in your trade favor
the same happens again, at what looks like about 16:00 on the eur yen chart you posted
but in reverse, the 1 hr stayed strong but at about 16:00 the 15 min comes back
to strong like the 1 hr and its a great entry very nice timing there...
Brian
the 15 and 1 hr both stayed above 0 for a long time after the initial good move, but when the 1 hr comes
back to strong again it was a perfect re-entry and straight in your trade favor
the same happens again, at what looks like about 16:00 on the eur yen chart you posted
but in reverse, the 1 hr stayed strong but at about 16:00 the 15 min comes back
to strong like the 1 hr and its a great entry
very nice timing there...Brian
In the past, across the pairs I trade, I have noticed that when the M15 & the H1 SwingMan Trix both give a signal on the same candle, that pair goes in the direction of the signal without a retrace.
It would appear that the same is true when using Xecret's version 1.1.
Attached are 2 GU charts with the 2 different setups.
What do you think?
- #3,078
- Edited 8:22am Oct 3, 2009 12:09am | Edited 8:22am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Good Vanhook, great point
This brings me to ask, as this appears to be the case
for Vanhook, I know there are others... do others
like to only enter trades when the trix time frames you
are confirming are only all strong colors?
Ie its very different to me if the 5 15 30 and 60
(which is what I usually prefer using) all just agree
ie are above...
So, this part is already done, I guess.
I personally do not think that alerts are the key issue here. They are maybe needed for traders like me who have many other things to do besides trading and like to take some trades occasionally just for fun (or traders who are blind
). But anyone who is intending to become a serious trader should sit and watch charts during the trading periods. There is no other choice as it is a systematic and boring full-time job, not a game.When you sit and watch your charts permanently you get the feeling of PA, current or approaching trends, possible retracements and reversals etc. If you just react to alerts, running to your PC from another room and make a quick decision whether to enter or not then you just play a game with your luck. And in this case, this system appears to be as good or bad as any other. If very lucky, you will stay at or close to BE by the end of a longer period.
What is very important - when using most of the MTF Trix indicators you cannot do visual backtesting because you never know what colour were the blocks in real time. Remember that up to 3 blocks of M15, 6 blocks of M30, 12 blocks of M60 and 48 blocks of M240 can change their colour many times during a period whenever there is a change in price's direction.
I think that Roy 05 is the only one that can be used for backtesting as it does not change the colour of any block until the signal has been confirmed.
- #3,079
- Edited 1:52am Oct 3, 2009 12:18am | Edited 1:52am
- Joined Jun 2009 | Status: Trader | 2,430 Posts