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  • #741
  • Sep 15, 2010 10:20pm Sep 15, 2010 10:20pm
The circles show where to enter. The first five circles show that both the arrow and the Trix meter are white, the last circle - both the arrow and the Trix Meter are red.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 164 KB
  • #742
  • Sep 15, 2010 11:14pm Sep 15, 2010 11:14pm
Quoting Fokusnik
The circles show where to enter. The first five circles show that both the arrow and the Trix meter are white, the last circle - both the arrow and the Trix Meter are red.
Hi Fokusnik!
I like that color confirmation....
Will try this...
Many thanks...


NG
  • #743
  • Sep 15, 2010 11:22pm Sep 15, 2010 11:22pm
Quoting NiceGuy
Hi Fokusnik!
I like that color confirmation....
Will try this...
Many thanks...


NG
COOL!
  • #744
  • Sep 15, 2010 11:28pm Sep 15, 2010 11:28pm
Quoting Fokusnik
I think I've found a good filter for our MTF.

I got it here:
http://www.forexfactory.com/showthread.php?t=183801

I have to do more testing, but it works very good on M-15.
Trix is a very good momentum indicator. For those interested, I post another version that is even easier to understand visually. At least for me.
And yes, Trix 3,1,1,1,0 is very good for M15.
Attached File(s)
File Type: ex4 smSuper TRIX_PV_4col.ex4   11 KB | 591 downloads
  • #745
  • Sep 15, 2010 11:35pm Sep 15, 2010 11:35pm
Indrek, that's great! Thank you very much!
  • #746
  • Sep 15, 2010 11:39pm Sep 15, 2010 11:39pm
Guys, I forgot: in order the Trix Meter work, you have to have another indicator in your indicators' folder - smSuper TRIX_v.1

Sorry about that!
Attached File(s)
File Type: ex4 smSuper TRIX_v1.ex4   11 KB | 702 downloads
  • #747
  • Sep 16, 2010 12:28am Sep 16, 2010 12:28am
Congratulations! Our thread has 90 thousand views!
  • #748
  • Sep 16, 2010 1:42am Sep 16, 2010 1:42am
Quoting NiceGuy
Nice one!

As for me... this is my EJ M15 with 15 Pips SL (But just update the SL to the latest fractals... Secure me 10 pips so far and aimed for 60 pips...

Attachment

Keep the pips comin....

NG

PS: Next time when you see Arrow both on EU and UJ during tokyo, try hit EJ instead. EJ tend give you more pips.

Just closed out this trade with 60 pips.... a very healthy 1:4 Risk VS Reward ratio
Guys... beside the EJ that already gave me 60 pips
I also have another trade with GU M15 here

Attached Image


Already secured me about 10 pips, aim for 45.
SL at 15 pips but this time i decided to keep updating based on fractals
because the incoming London open...



NG

PS: Just got Stopped out for 15 green pips. It means 75 pips for today. I am done for today.
  • #749
  • Sep 16, 2010 4:21am Sep 16, 2010 4:21am
Nice Guy,

On your last chart, it appears that you entered your sell order during the candle, right after it went through the candle. Is that correct?
On your previous trade, it appears you entered on the candle with the arrow on it. If so, was that because you saw momentum in a certain direction and it was going through the coral?
These are both issues of chart time. I understand that. Just curious about your entries on these.
Thanks.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #750
  • Edited 5:43am Sep 16, 2010 5:21am | Edited 5:43am
Quoting capstone
Nice Guy,

On your last chart, it appears that you entered your sell order during the candle, right after it went through the candle. Is that correct?
On your previous trade, it appears you entered on the candle with the arrow on it. If so, was that because you saw momentum in a certain direction and it was going through the coral?
These are both issues of chart time. I understand that. Just curious about your entries on these.
Thanks.
I wanted to enter on first arrow, but the candles was still a bit "far" from coral, so I waited until there's a good momentum to go south to confirm my entry. When I see another red arrow and a big candlebreak the low passing the coral I entered on progress.


NG
  • #751
  • Sep 16, 2010 7:49am Sep 16, 2010 7:49am
Quoting Fokusnik
I think I've found a good filter for our MTF.

I got it here:
http://www.forexfactory.com/showthread.php?t=183801

I have to do more testing, but it works very good on M-15.


Sorry about that! Please get this indicator here:
http://www.forexfactory.com/showthre...=1#post4025642
Hi Fokusnik, I have seen you posted 4 bars version 1.03 and 1.01 before. Which is working correctly?
In the mean time, I witness trix definately confirmed green if 4 bars is green, which means in this case, the trix indicator is redundant?

Best Regards
chrisyeap
  • #752
  • Edited 10:55pm Sep 16, 2010 8:02am | Edited 10:55pm
Dear All..

Just finished triple-ing my USD 300 accounts with this strategy. So it's best time to study my trading statistic...

Here's the best pairs to trade based on my trade experience so far:

BEST PAIR TO TRADE:

TOKYO:
GU
EJ

LONDON:
EU
GU
EJ

NY
EU
UJ

Some notes:
- When you have same arrow both for UJ and EU, EJ will give you more pips.
- When you have same arrow both for GU and UJ, GJ will give you more pips.
-When you have different arrow for GU and EU (very rarely) , Take EURGBP with EU direction.


Please keep in mind that this is only 2 months experience I've been through with this strategy so far. From my humble experience I notes that Pairs volatily pattern tends to be different across the year. So this data migh not work several weeks from now.

I didn't trade GBPJPY, well maybe... not yet, because the spreads is account killer for me with my current broker (FXPro). Do you guys have any suggestion for a good broker that offer 3 pips (or bellow) for GBPJPY on Tokyo?

FYI, I trade only GU and EJ on Tokyo for now.

I hope this will be useful for you.


NG
  • #753
  • Sep 16, 2010 8:25am Sep 16, 2010 8:25am
Quoting NiceGuy
Dear All..

Just finished triple-ing my USD 300 accounts with this strategy. So it's best time to study my trading statistic...

Here's the best pairs to trade based on my trade experience so far:

BEST PAIR TO TRADE:

TOKYO:
GU
EJ

LONDON:
EU
GU
EJ

NY
EU
UJ

Some notes:
- When you have same arrow both for UJ and EU, EJ will give you more pips.
- When you have same arrow both for GU and GJ, GJ will give you more pips.
-When you have different arrow for GU and EU (very rarely) , Take EURGBP with EU direction....
Congratulations NG,
I will study this strat over weekend and demo next week.
  • #754
  • Sep 16, 2010 8:37am Sep 16, 2010 8:37am
Quoting chrisyeap
Hi Fokusnik, I have seen you posted 4 bars version 1.03 and 1.01 before. Which is working correctly?
In the mean time, I witness trix definately confirmed green if 4 bars is green, which means in this case, the trix indicator is redundant?

Best Regards
chrisyeap
Hi chrisyeap!

I think both versions are good. I returned to this system after a little while and started from the very beginning , so right now I use 1.01. I don't think 1.03 is better or worse.

About 4 bars: you have to remember that the arrows appear and DISAPPEAR! The arrows that show good, solid signals stay, but other arrows disappear, it happens when the bars repaint and it happens often! So on the history you see only the GOOD signals, and almost all of them are confirmed by the Trix Meter.

But we work in real time. How do we know whether this arrow stays or disappears? How do we know whether the four or three bars will repaint or not? That's why we need a good confirmation and this Trix Meter is the best confirming tool I found so far.

By the way if you look at the M-15 GBPJPY on September 10 you can see that the 11:00 signal was not confirmed (although there were 4 blue bars), but the next signal was confirmed at 11:45. It is just a small example that you can see even on the history - the Trix Meter is not redundant!
  • #755
  • Sep 16, 2010 9:13am Sep 16, 2010 9:13am
Quoting Indrek
Trix is a very good momentum indicator. For those interested, I post another version that is even easier to understand visually. At least for me.
And yes, Trix 3,1,1,1,0 is very good for M15.

Indrek, this indicator works as how Fokusnik described it here? http://www.forexfactory.com/showpost...&postcount=740


Or is the indicator supposed to replace the smSuper TRIX_v.1?


Quoting Fokusnik
Congratulations! Our thread has 90 thousand views! http://cdn.forexfactory.com/images/s...m/applause.gif
Going for 100,000 views!!!!



  • #756
  • Sep 16, 2010 9:30am Sep 16, 2010 9:30am
Quoting Fokusnik
It is very simple: when you get the MTF-NLMA signal (three dots aligned) - take a look at the Trix Meter.

If the Trix Meter is the same color - open the trade. If it is not - wait until it becomes the same color. That's it!

This Trix Meter can be very helpful for the exiting too. If we're long, changing the Trix Meter to red can show the exit, if we're short - changing to blue can show the exit.

P.S. Empty Trix Meter's square shows that the Trix Meter has not been confirmed yet, so we have to wait until the square is full.


P.P.S. Guys,...


Something is wrong somewhere?

I set it up in my charts, and all I see is BLUE BOX?

Help pls? Thanks
  • #757
  • Sep 16, 2010 9:40am Sep 16, 2010 9:40am
Quoting Fokusnik
Hi chrisyeap!

I think both versions are good. I returned to this system after a little while and started from the very beginning , so right now I use 1.01. I don't think 1.03 is better or worse.

About 4 bars: you have to remember that the arrows appear and DISAPPEAR! The arrows that show good, solid signals stay, but other arrows disappear, it happens when the bars repaint and it happens often! So on the history you see only the GOOD signals, and almost all of them are confirmed by the Trix Meter.

But we work in real time. How do we know...
Hi Fokusnik...

I havent tried the Trix yet, how does it perform for you... I mean does it repaints like the MTF NLMA?

Yes, I just found out that I lost exactly 47.83 % of all the trades I entered. I am glad that I have enough discipline to keep on playing with at least 1:2 RR ratio. This discipline has earned me 1035 Pips from trading this strategy in almost two months. I didn't trade everyday, if I did I might do better (or worse).

If there's a way to reduce this lost percentage, I am in....

Btw, If you guys keeping track with the cart I posted from about last 2 months in this thread, I bet you will see that I keep on entering almost identical winners trades everytime. There's a pattern that I keep on following but I am still cooking something to explain it best for you. I found it difficult for me to explain something that only exist in my head.... I know that pattern when I see one, but somehow it's just so hard to explain it to other person...

Btw, I am using version 1.03 of MTF NLMA indi, I tried the latest version (V.2) but somehow with this V.2 I have to reload it too often just to get the right color reading. Missed out some really good trade with this version...

With V.1.03 I only need to reload the indy once for every pair everytime I opened the MT4.


NG
  • #758
  • Sep 16, 2010 9:40am Sep 16, 2010 9:40am
Quoting iamnoel
Something is wrong somewhere?

I set it up in my charts, and all I see is BLUE BOX?

Help pls? Thanks
Iamnoel

You need to have smSuper TRIX_v1.ex4 installed in your indicator folder.
You don't need to have it on the chart, just in your folder.

I will guess that will help.

However.....I am not seeing any advantage to having MTF Trix **and** MTF nonlag......to my eye they are showing the same thing.

I do wish someone would remove that 30 minute time frame bar on MTF-NLMA, I think 15, 60, 240 is good....that 30 minute bar is not necessary....IMHO

PGPB
  • #759
  • Sep 16, 2010 10:27am Sep 16, 2010 10:27am
Quoting pgpb
Iamnoel

You need to have smSuper TRIX_v1.ex4 installed in your indicator folder.
You don't need to have it on the chart, just in your folder.

I will guess that will help.

Iamnoel, yes, pgpb is right - that will help!
  • #760
  • Sep 16, 2010 10:36am Sep 16, 2010 10:36am
Quoting NiceGuy
Hi Fokusnik...

I havent tried the Trix yet, how does it perform for you... I mean does it repaints like the MTF NLMA?
NiceGuy, I'm very glad that I found the Trix Meter, it works just fine. It doesn't repaint. It can change the color during the current candle, but it does not happen often, and when the candle is closed, it doesn't change the color.

The current square can be either full or empty. When you see the full square during the current candle, this color doesn't change (the full square means that it has been confirmed, that's why it doesn't change the color). The empty square during the current candle can change the color sometimes, but it is no big deal, happens not very often.
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