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MTF Trix system

  • #3,521
  • Dec 5, 2009 9:17pm Dec 5, 2009 9:17pm
Indrek;3284023
-----------

====SwingMan has coded a new indicator that combines different timeframes and draws arrows on the main chart. So, from now on this system may be traded without blocks. I will give it a try and if my guess is right, we can announce the blockhead's era finished

Attached is the basic template with indicators.

NB! I reloaded both the chart and the zip file after some time as SwingMan kindly improved his indicator upon my request. So, now it is version 4 not 3.[/quote]


====
sir

After downloading, unable to zip, reason, it says ''it is in unknown format or file damaged". can u pls check up and let me know. thanks in advance.

6th dec 2009
  • #3,522
  • Dec 5, 2009 9:34pm Dec 5, 2009 9:34pm
The .zip is corrupt.

What files do we need for this indy to work (found it on swingmans thread)

I have arrows but where in the inputs do you select 60 15 5 or 30 5?

Thanks Indrek!
  • #3,523
  • Dec 5, 2009 9:51pm Dec 5, 2009 9:51pm
I think I am getting closer to matching the signals on your EU chart vs Mine.

What settings on the indy are you using the only way I could get the 30/5 adn 60/15/5 signals to match on top of eachother was by setting the shift to 0...which you clearly have set to 1.

Is there another indy required to read this or something?

Also as you can see it seems like every signal has a match on the 30/5 or 60/15/5 where as your's a very few and far between (the real signals)

What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: helpp.jpg Size: 66 KB
  • #3,524
  • Dec 6, 2009 12:51am Dec 6, 2009 12:51am
Quoting pilotui
I think I am getting closer to matching the signals on your EU chart vs Mine.

What settings on the indy are you using the only way I could get the 30/5 adn 60/15/5 signals to match on top of eachother was by setting the shift to 0...which you clearly have set to 1.

Is there another indy required to read this or something?

Also as you can see it seems like every signal has a match on the 30/5 or 60/15/5 where as your's a very few and far between (the real signals)

What do you think?
The zip file opens very well for me from the thread, so I cannot comment why it says corrupt for you...
Here is the list of indicators and settings for the arrows.
Attached Images
Attached File(s)
File Type: tpl trioavg template.tpl   23 KB | 741 downloads
  • #3,525
  • Dec 6, 2009 7:05am Dec 6, 2009 7:05am
Quoting Indrek
The zip file opens very well for me from the thread, so I cannot comment why it says corrupt for you...
Here is the list of indicators and settings for the arrows.
You have your NEW System setup for the Trio Average.
Are you moving away from the TRIX to the Trio Average?
Or, is this just an over sight?
I trade what I see on my charts. Do Not listen to the Muppets.
  • #3,526
  • Edited 7:37am Dec 6, 2009 7:15am | Edited 7:37am
Quoting Vanhook2
You have your NEW System setup for the Tri Average.
Are you moving away from the TRIX to the Tri Average?
Or, is this just an over sight?
This is no way a new system nor setup. It is exactly the same system, the only question is which tool gives better entries - Trio or Trix. Both are based on 3 MAs, so differencies are in small details.
What I would like to move away from are the blocks on my chart. With just arrows, the chart is clean and clear.
  • #3,527
  • Dec 6, 2009 8:52am Dec 6, 2009 8:52am
Quoting Indrek
This is no way a new system nor setup. It is exactly the same system, the only question is which tool gives better entries - Trio or Trix. Both are based on 3 MAs, so differencies are in small details.
What I would like to move away from are the blocks on my chart. With just arrows, the chart is clean and clear.
If the system is not based on the MTF Trix, it is not the same.
No matter how small the difference.
Live testing is required for the TRIO Average.

I will stay with the winning system I have in place.
Good luck to you.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #3,528
  • Dec 6, 2009 9:13am Dec 6, 2009 9:13am
Quoting Vanhook2
If the system is not based on the MTF Trix, it is not the same.
No matter how small the difference.
Live testing is required for the TRIO Average.

I will stay with the winning system I have in place.
Good luck to you.
The new indicator can be switched to show MTF Trix instead of MTF Trio. The important part is that we can get rid of the blocks.

See the picture - it is now 100 % pure MTF Trix. Small arrows represent Trix 5,30 and big arrows - Trix 5,15,60.
Visual side of the system has changed but the system stayed absolutely the same.
Attached Image (click to enlarge)
Click to Enlarge Name: mtf trix.gif Size: 43 KB
  • #3,529
  • Dec 6, 2009 9:31am Dec 6, 2009 9:31am
Quoting Vanhook2
I will stay with the winning system I have in place.
The first picture is the new outlook of MTF Trix without blocks but with your LWMA filters
And the second is MTF Trio with the same MAs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mtf trix 1.gif Size: 41 KB
Click to Enlarge Name: mtf trio.gif Size: 41 KB
  • #3,530
  • Dec 6, 2009 9:37am Dec 6, 2009 9:37am
Is there a way to turn of the MTFTrioAvg Signals Alert that shows everytime I change time frames, say, from 5m to 60m?

Thank you.
  • #3,531
  • Dec 6, 2009 9:47am Dec 6, 2009 9:47am
Quoting Joeyd
Is there a way to turn of the MTFTrioAvg Signals Alert that shows everytime I change time frames, say, from 5m to 60m?

Thank you.
I am afraid that the only way to do it is to switch alerts off. But ask SwingMan if you have specific questions about the indicator. I am not an expert.
  • #3,532
  • Dec 6, 2009 9:55am Dec 6, 2009 9:55am
Okay, Thanks for the quick reply.
  • #3,533
  • Dec 6, 2009 10:29am Dec 6, 2009 10:29am
Quoting Indrek
The first picture is the new outlook of MTF Trix without blocks but with your LWMA filters
And the second is MTF Trio with the same MAs.
In the past, these types of indicators have only signaled when the blocks line up, not when they are in the proper order (60, 15 & 5). Which, if I remember correctly, is the way you trade most of the time.
I am a very cautious of any new indicator that has not been fully tested

Until I see evidence to the contrary, I will not follow it blindly.
I have however put it on my charts to test.
TF list = 60,15,5
Signal shift = 0
Method = 1
I trade what I see on my charts. Do Not listen to the Muppets.
  • #3,534
  • Dec 6, 2009 10:32am Dec 6, 2009 10:32am
Quoting Joeyd
Is there a way to turn of the MTFTrioAvg Signals Alert that shows everytime I change time frames, say, from 5m to 60m?
The alert is available, because it can not be expected M5 arrow signals in a H1 chart.That seems logical to me.
  • #3,535
  • Dec 6, 2009 11:09am Dec 6, 2009 11:09am
Here is a new version for the smTrioAvg_Signals_v5 indicator.

In the previous version were the signal-alerts not activated.
.
Attached Image
Attached File(s)
File Type: ex4 smMTFTrioAvg_Signals_v5.ex4   13 KB | 818 downloads
  • #3,536
  • Dec 6, 2009 11:09am Dec 6, 2009 11:09am
Quoting Vanhook2
In the past, these types of indicators have only signaled when the blocks line up, not when they are in the proper order (60, 15 & 5). Which, if I remember correctly, is the way you trade most of the time.
The introduction of such filters as BB Stop and Volty may have changed my approach. Very often, the best trades can be taken right after these two change direction and line up. The order of Trix signals is not important then.
I have even thought about trading pure change of BB Stop and Volty, using MTF Trix signals for re-entries.
Due to the lack of time many ideas stay at theoretical level, unfortunately.
  • #3,537
  • Dec 6, 2009 1:11pm Dec 6, 2009 1:11pm
Thank you very much, SwingMan. The application of this indi makes for a nice clean chart as Indrek has pointed-out.
  • #3,538
  • Dec 6, 2009 5:45pm Dec 6, 2009 5:45pm
Quoting SwingMan
Here is a new version for the smTrioAvg_Signals_v5 indicator.

In the previous version were the signal-alerts not activated.
.
I'm sory, but the signal alerts are unnecessarily repeated, and the last buy arrow in the USDCAD appears and disappears (repainting effect)...

Maybe is better to use the meter indicator on until the signal indicator is working correctly...
Attached Image
  • #3,539
  • Dec 6, 2009 6:35pm Dec 6, 2009 6:35pm
When ever I switch the indy to TRIX as opposed to Trio Avg...my new PC freezes and crashes?
  • #3,540
  • Dec 6, 2009 11:32pm Dec 6, 2009 11:32pm
Quoting pilotui
When ever I switch the indy to TRIX as opposed to Trio Avg...my new PC freezes and crashes?
Have you downloaded the version 5?
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