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MTF Trix system

  • #3,121
  • Oct 5, 2009 10:23pm Oct 5, 2009 10:23pm
hi bigJ

i'm not so sure the exact same data feed will make much difference in the end (or at the beginning!), i use a provider way over in Australia, the system still works

Peter

Quoting bigjim1958
Hi folks:
Not to be pushy, but I was wondering if Glen or Indrek would be willing to respond to the above post, I think it might help a lot of people. Thanks for your time.

Jim
  • #3,122
  • Oct 5, 2009 10:48pm Oct 5, 2009 10:48pm
Quoting Iamfx
G'day Trader7
So you dont normally worry about the rule of waiting for the price to go a few pips under signal candle before entering? No critcism intended---your results speak for themselves.
Cheers


G'day Iamfx

It is good to obey the rules laid down by Gleneagles and Indrek and I try my best to comply. Extenuating circumstances sometimes prevent me from complying.

There is a good reason for the rule. Gleneagles and Indrek have not been known to come up with arcane rules just to look good. This whole system has been well thought out. Top marks to both of them.A++

Thank you for your kind comment on my results. I wish you happy profitable trading with this system. Have a nice day.
  • #3,123
  • Oct 5, 2009 10:56pm Oct 5, 2009 10:56pm
GBPUSD

30 5

Results : 20 + 25 + 30 = 75
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd05.10(1).gif Size: 16 KB
  • #3,124
  • Oct 5, 2009 11:00pm Oct 5, 2009 11:00pm
GBPUSD

60 15 5

Results : 20 - 12 -12 = (-)4
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd05.10(2).gif Size: 18 KB
  • #3,125
  • Oct 5, 2009 11:04pm Oct 5, 2009 11:04pm
GBPJPY

60 15 5

Results : 25 + 30 + 35 = 90
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy05.10.gif Size: 16 KB
  • #3,126
  • Oct 5, 2009 11:08pm Oct 5, 2009 11:08pm
EURJPY

30 5

Results : 20 + 25 + 21 = 66


GBPUSD and GBPJPY and EURJPY Total :

75 - 4 + 90 + 66 = 227
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy05.10.gif Size: 16 KB
  • #3,127
  • Oct 5, 2009 11:10pm Oct 5, 2009 11:10pm
Trader7, are you aka Gleneagles . . . come on out with it

edit: nice trades
  • #3,128
  • Oct 5, 2009 11:19pm Oct 5, 2009 11:19pm
Quoting bigjim1958
Hi folks:
Not to be pushy, but I was wondering if Glen or Indrek would be willing to respond to the above post, I think it might help a lot of people. Thanks for your time.

Jim
Sorry, I do not catch the point... This cannot be a good reason to change brokers. Besides, datafeeds are almost the same if using M5 charts.
  • #3,129
  • Oct 5, 2009 11:52pm Oct 5, 2009 11:52pm
Quoting PeterE
Trader7, are you aka Gleneagles . . . come on out with it

edit: nice trades

Hi PeterE

Ooops!!! How did you know?

Thank you for your nice comments. I wish you happy profitable trading.

Have a nice day.
  • #3,130
  • Oct 5, 2009 11:56pm Oct 5, 2009 11:56pm
thought so, and we all thought you had abandoned us . . . .
. . . . . your secret is safe with me "trader7", wont tell a soul


Quoting Trader7
Hi PeterE

Ooops!!! How did you know?

Thank you for your nice comments. I wish you happy profitable trading.

Have a nice day.
  • #3,131
  • Oct 6, 2009 3:47am Oct 6, 2009 3:47am
Quoting Trader7
Hi PeterE

Ooops!!! How did you know?

Thank you for your nice comments. I wish you happy profitable trading.

Have a nice day.
To Trader7:
  • #3,132
  • Oct 6, 2009 3:54am Oct 6, 2009 3:54am
GU:60,15,5 TP=20pips 1lot

While PA seems to have found support at pivot level and fractal indi shows that retracement has almost finished, I took the trade by setting TP at next pivot level.

Attached Image (click to enlarge)
Click to Enlarge Name: 091006a.gif Size: 22 KB
  • #3,133
  • Oct 6, 2009 6:14am Oct 6, 2009 6:14am
My only trade with MTF for today. Taken absolutely by the rules
Attached Image (click to enlarge)
Click to Enlarge Name: 0610 1.gif Size: 49 KB
  • #3,134
  • Oct 6, 2009 6:38am Oct 6, 2009 6:38am
is ATR one of your rules, because mine was saying NO NO NO!

just curious


Quoting Indrek
My only trade with MTF for today. Taken absolutely by the rules
  • #3,135
  • Oct 6, 2009 6:44am Oct 6, 2009 6:44am
maybe ADR, ATR is better 5>25 not 6>36???

Quoting PeterE
is ATR one of your rules, because mine was saying NO NO NO!

just curious
  • #3,136
  • Oct 6, 2009 7:11am Oct 6, 2009 7:11am
Can you tell me the Time Frames you are using for the Trix meter. Because you are using 4 TF lined up, but what are their time frames? Are u including 30M? Or just 5, 15, 60 and 240?
  • #3,137
  • Oct 6, 2009 7:25am Oct 6, 2009 7:25am
Quoting PeterE
is ATR one of your rules, because mine was saying NO NO NO!

just curious
No, ATR is not a tough rule for me. I have 6/1440 on my chart as I said before, and that is just for estimating the volatility. The time when I took the trade (10:20 GMT) is quite always with low volatility but right after that (before NY open) the situation will change. In this case, I saw very strong short signals, so I decided not to wait with the entry.

As I have a full-time job to do, it is impossible for me to sit behind the terminal for very long time. So, if I log in and see an opportunity and know that the volatility is going to grow very soon, then why not to take the trade.
  • #3,138
  • Oct 6, 2009 7:28am Oct 6, 2009 7:28am
Quoting PeterE
maybe ADR, ATR is better 5>25 not 6>36???
5 and 25 means that you compare a period of 25 minutes with 2 hours 5 minutes,
6 and 36 is the same as 30 minutes versus 3 hours.

It is your choice what time periods you use for this comparison of shorter and longer period

P.S. My 6/1440 means last 30 minutes versus 1 trading week (5 x 24 h)
  • #3,139
  • Oct 6, 2009 7:34am Oct 6, 2009 7:34am
Quoting Indrek
My only trade with MTF for today. Taken absolutely by the rules
Indrek what settings to use the indicator smc4 ckalping what draws arrows on the chart? What are guided in the transaction, what rules?
  • #3,140
  • Oct 6, 2009 8:00am Oct 6, 2009 8:00am
Quoting Zazm
Indrek what settings to use the indicator smc4 ckalping what draws arrows on the chart? What are guided in the transaction, what rules?
Scalping Signals is set to show the signals of Trix 3,1,1,1,0. So, it shows the same as M5 blocks.
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