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- #19,142
- Edited 6:02am Jul 21, 2010 5:46am | Edited 6:02am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
Hi Arun,
This is looking great, just as the indicator you posted last week.
pb
This is looking great, just as the indicator you posted last week.
pb
Hello friends..
Now new version of MTF Trix Recoded V2 have following options
1. Wont Redraw
2. Can use any Time Frame.
3. Vertical Lines present to view the recent Histo color change.
4. Trix Values (both fast and slow) and Previous Trix values available.
(It can be used to avoid sideways market. eg: Histo value greater than five gives some good pips)
- #19,154
- Edited 10:42am Jul 21, 2010 10:26am | Edited 10:42am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
I'm having a hard time understanding what you are asking. For example when you ask what about these pictures what are you asking? Maybe you can ask in German and someone from the thread can translate for you.
Anyway what I meant was to use the mtf trixes where you can see the closed value of the trix. Like in the picture here I can see 5 of the six points because the 15 fast and slow have closed red, the 5 fast and slow have closed red and the 1 fast has closed red. (I know from experience that when both rainbows are red there will be at least one more point from the cloud or another trix so I dont bother to add the mtf cloud.).
The mtf cloud is an exception to the rule that you cant use mtf indies for backtesting. You can use it because it is just based on moving averages and so it always knows where price is in relation to those averages, unlike with an oscillator where after the fact, it only knows how the oscillator closed for that bar, but not what was the state of the oscillator during each of the minutes that make up the bar.
What I meant about not being able to backtest past a certain point even if you leave the computer open is that the trix histo values are only good for the number specified in TrixNumberofBars. I.e if you specify 750 and go back and look at the 760th bar that value is not good.
Anyway what I meant was to use the mtf trixes where you can see the closed value of the trix. Like in the picture here I can see 5 of the six points because the 15 fast and slow have closed red, the 5 fast and slow have closed red and the 1 fast has closed red. (I know from experience that when both rainbows are red there will be at least one more point from the cloud or another trix so I dont bother to add the mtf cloud.).
The mtf cloud is an exception to the rule that you cant use mtf indies for backtesting. You can use it because it is just based on moving averages and so it always knows where price is in relation to those averages, unlike with an oscillator where after the fact, it only knows how the oscillator closed for that bar, but not what was the state of the oscillator during each of the minutes that make up the bar.
What I meant about not being able to backtest past a certain point even if you leave the computer open is that the trix histo values are only good for the number specified in TrixNumberofBars. I.e if you specify 750 and go back and look at the 760th bar that value is not good.
Miss pips what about these pictures i have scroll back my chart and have check for these 3 situatin while the mtfs are right so i have checked all trixes on the Tf 5 anf 15 wich are blaoned as mtfs and on the real trix in the window of the higher time frames the trixes really hav the colur which was shown.
so whtas about now,can i backtest or not also the cloud mtf for m5 and m15 was right.
Or you mean if i go back so much what i show in my last picture that there is no more trix then the mtfs get wrong because they dont now what happend there?...
- #19,156
- Jul 21, 2010 10:49am Jul 21, 2010 10:49am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
- #19,157
- Jul 21, 2010 11:21am Jul 21, 2010 11:21am
sry for the miss unterstandin miss pips.
I try to keep it simpel but its very difficult to get what i think to the paper
I start mt4 and have my window open on TF m1 with the 2 x 4mtfs for the trix and 1 x 2 for cloud.
So now when i scroll back i just can scroll back on my m1 for 750 candel until the mtfs get wrong?
So when i look at my Mtf for example at the candel 650 the mtfs are right and show exactly what there have been for a situation ?
Where can i check how much candels by my setup must be right so where i sea while i have 750 or mayby more?Or is it allways 750 and i couldent change.
What i want to show with the pictures i have the two first pictures and they were just houers back and i have check the trix color and the cloud for this time and the mtf show the right thing thats just an example that the mtf is for hours right for backtest but not for days because after some days or more than +- 12 houers there wont be any trix anymore so the mtf dont know what was the situation so it get false.So when the trix end after soem houers or days on the m1 the backtest get false is it right?
Forget the last picture i was a false example
I hope i could explain my question now
I try to keep it simpel but its very difficult to get what i think to the paper
I start mt4 and have my window open on TF m1 with the 2 x 4mtfs for the trix and 1 x 2 for cloud.
So now when i scroll back i just can scroll back on my m1 for 750 candel until the mtfs get wrong?
So when i look at my Mtf for example at the candel 650 the mtfs are right and show exactly what there have been for a situation ?
Where can i check how much candels by my setup must be right so where i sea while i have 750 or mayby more?Or is it allways 750 and i couldent change.
What i want to show with the pictures i have the two first pictures and they were just houers back and i have check the trix color and the cloud for this time and the mtf show the right thing thats just an example that the mtf is for hours right for backtest but not for days because after some days or more than +- 12 houers there wont be any trix anymore so the mtf dont know what was the situation so it get false.So when the trix end after soem houers or days on the m1 the backtest get false is it right?
Forget the last picture i was a false example
I hope i could explain my question now
- #19,158
- Jul 21, 2010 11:31am Jul 21, 2010 11:31am
Hello friends..
Now new version of MTF Trix Recoded V2 have following options
1. Wont Redraw
2. Can use any Time Frame.
3. Vertical Lines present to view the recent Histo color change.
4. Trix Values (both fast and slow) and Previous Trix values available.
(It can be used to avoid sideways market. eg: Histo value greater than five gives some good pips)
waiting it..
- #19,159
- Jul 21, 2010 11:34am Jul 21, 2010 11:34am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts