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  • #1,141
  • Jan 31, 2011 12:08pm Jan 31, 2011 12:08pm
I was busy doing other stuff most of the morning (GMT +1) so I missed about 3 decent long trades. A bad start of the day (-16) after a dumb and unpatient sell right into a big number. Immediately reversed my position afterwards (+12), got in 4 pips late on the next one so I only took 8. Missed 2 long entries (would have been 2x12). I know the short trade at 16.20 looks photoshopped or something but it isn't, I was quite surprised to get filled (Dukascopy demo account). +40 for the day.
I still have to work on the CaveManager EA for entries and exits, these trades were done manually. Indicators: Multisymbol RSI and the bottom one is the Swingman "vorticity".
Gleneagles, I think that this thread is dedicated to your trading rather than just TRIX but if you feel that this isn't the case and if you do not want to discuss your new system just say so and I will refrain from posting here.

Best regards,

Leon
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  • #1,142
  • Jan 31, 2011 2:48pm Jan 31, 2011 2:48pm
Quoting L. Park
I was busy doing other stuff most of the morning (GMT +1) so I missed about 3 decent long trades. A bad start of the day (-16) after a dumb and unpatient sell right into a big number. Immediately reversed my position afterwards (+12), got in 4 pips late on the next one so I only took 8. Missed 2 long entries (would have been 2x12). I know the short trade at 16.20 looks photoshopped or something but it isn't, I was quite surprised to get filled (Dukascopy demo account). +40 for the day.
I still have to work on the CaveManager EA for entries and exits,...
Hi Leon,

If you want to experiment building your own trading system , please go ahead. It is a great way learning about the behaviour of different indicators.
The multisymbol RSI is just a handy tool to give you an indication of what the other correlated pairs are doing. It is NOT suitable to be used as standalone system.

The correlation between pairs are less than perfect and goes out of sync at times. Using that as an entry requirement will cost you money.
Look at the screenshot, the correlation is below 80% on most of the "correlated " pairs on the hourly TF, it will affect the reading on the RSI multisymbol as well.

I would prefer that this thread stays focussed on TRIX. The thread is not very active but there are a few people trading TRIX.
I don`t plan starting a new thread or discussion regarding the short term trading method that I use.

EDIT: I am only trading 3 days a week at present and prefer spending my non-trading time on non-trading activities.

Regards,
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" Never let the past hold the future to ransom "
  • #1,143
  • Jan 31, 2011 3:35pm Jan 31, 2011 3:35pm
Had some good luck with UJ and UChf today, Totally missed the GU GJ run
was busy at work and just missed it

What caused it Glen?

Egypt situation bad US news
  • #1,144
  • Jan 31, 2011 4:54pm Jan 31, 2011 4:54pm
Quoting Gleneagles
Hi Leon,

If you want to experiment building your own trading system , please go ahead. It is a great way learning about the behaviour of different indicators.
The multisymbol RSI is just a handy tool to give you an indication of what the other correlated pairs are doing. It is NOT suitable to be used as standalone system.

The correlation between pairs are less than perfect and goes out of sync at times. Using that as an entry requirement will cost you money.
Look at the screenshot, the correlation is below 80% on most of the "correlated " pairs...
Thank you for your answer, I will not clog this thread with unrelated charts any longer.
  • #1,145
  • Feb 1, 2011 12:01am Feb 1, 2011 12:01am
Quoting dryclean
Had some good luck with UJ and UChf today, Totally missed the GU GJ run
was busy at work and just missed it

What caused it Glen?

Egypt situation bad US news

Looks like general USD weakness to me, the Middle East situation did not have any effect ( to date) on USD.
I was also surprised by the size of the run.
" Never let the past hold the future to ransom "
  • #1,146
  • Feb 2, 2011 11:56am Feb 2, 2011 11:56am
Made a few pips on this one. Sort of pissed missing out on some good trades this week. But I have to do my REAL job sometimes
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  • #1,147
  • Feb 2, 2011 1:34pm Feb 2, 2011 1:34pm
finally caught some GU retreating
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  • #1,148
  • Feb 3, 2011 9:12am Feb 3, 2011 9:12am
what goes up must come down. I guess 415K new unemployment claims is GOOD news... Might be that manufacturing orders was up . I hope that was it
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  • #1,149
  • Feb 3, 2011 11:37am Feb 3, 2011 11:37am
Quoting dryclean
what goes up must come down. I guess 415K new unemployment claims is GOOD news... Might be that manufacturing orders was up . I hope that was it

If you are patient , the trades do come.
" Never let the past hold the future to ransom "
  • #1,150
  • Feb 3, 2011 2:30pm Feb 3, 2011 2:30pm
this week at least i've noticed the 5,15,60 3 bar TF 5 worked better than 240,15 15TF
  • #1,151
  • Feb 3, 2011 2:50pm Feb 3, 2011 2:50pm
Quoting dryclean
this week at least i've noticed the 5,15,60 3 bar TF 5 worked better than 240,15 15TF
I agree. At least last fall I couldn't get the 240 setting to work for my trading hours. I now use 60 15 15 & 60 15 5. Doesn't seem to be any difference on those settings. Also on a m5 chart.

Good signals today!
  • #1,152
  • Feb 3, 2011 3:00pm Feb 3, 2011 3:00pm
Quoting AllyB
I agree. At least last fall I couldn't get the 240 setting to work for my trading hours. I now use 60 15 15 & 60 15 5. Doesn't seem to be any difference on those settings. Also on a m5 chart.

Good signals today!
Is 60 15 15 same as 60 15 if not what is the difference
  • #1,153
  • Feb 3, 2011 5:16pm Feb 3, 2011 5:16pm
Quoting dryclean
Is 60 15 15 same as 60 15 if not what is the difference
I got that setting from http://www.forexfactory.com/nfs/cust...r118147_20.gif PeterE http://www.forexfactory.com/images/s...ser_online.gif
Senior Member

He has some really good post from last Nov Dec time frame. I use it because I believe you can watch the m15 chart instead of the m5. if conditions warrant and you to want to zoom in on the lower m5 time frame (for an entry perhaps) the signal from trix remains the same and also the conformation candle would be formed or almost anyway. hope that makes sense ... if not let me know
  • #1,154
  • Feb 4, 2011 7:49am Feb 4, 2011 7:49am
Thanks Ally will give it a look
  • #1,155
  • Feb 8, 2011 8:53am Feb 8, 2011 8:53am
caught a nice GU yesterday. Just hit a sell now see where it goes my ATR was red went against trade but gu has been dropping last few days

been busy with other things can only catch a trade here or there
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  • #1,156
  • Feb 9, 2011 7:15am Feb 9, 2011 7:15am
Quoting dryclean
caught a nice GU yesterday. Just hit a sell now see where it goes my ATR was red went against trade but gu has been dropping last few days

been busy with other things can only catch a trade here or there
Nice trade dryclean!
  • #1,157
  • Feb 18, 2011 8:03am Feb 18, 2011 8:03am
Hi there,

anyone "trixing" nowdays? I'm trying, but struggling. Sooo far from making pips consistently. Anyway, if anyone using this system, I'd just like to see some charts to compare. what I took, you took, didn't take, why, why not
I attach today's efforts.
Took the first below daily pivot, took another one at the next signal as well. I was aiming for S1, but unfortunately I had the updatestops EA on another chart as well, which closed me out after 10pips on both trades.
Then I went short again below S1, but it just went up like a rocket afterwards. I was probably early on entering for those...

PS If someone likes the indicator in the corner I'm more than happy to share.
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  • #1,158
  • Feb 20, 2011 10:58am Feb 20, 2011 10:58am
Looks like you had a few good trades.
that last one you lost was right at the DP which is a bad place to trade
  • #1,159
  • Feb 20, 2011 1:26pm Feb 20, 2011 1:26pm
Quoting zee
Hi there,

anyone "trixing" nowdays? I'm trying, but struggling. Sooo far from making pips consistently. Anyway, if anyone using this system, I'd just like to see some charts to compare. what I took, you took, didn't take, why, why not
I attach today's efforts.
Took the first below daily pivot, took another one at the next signal as well. I was aiming for S1, but unfortunately I had the updatestops EA on another chart as well, which closed me out after 10pips on both trades.
Then I went short again below S1, but it just went up like...
Share the indi in the corner please,
thanks !
The Mind creates reality.
  • #1,160
  • Feb 21, 2011 2:21am Feb 21, 2011 2:21am
Okay, so here is the "TrixBoard" indicator as a small contribution to this great thread. I hope you'll find it useful. Nothing new in it really, I just put the existing indis into one (it just looks clean and things are at one place).
Few things:
- for the news part, you'll need the FFCal_mod indi in your indicator folder. It's just a modified version of the FFCal that was posted here. Only thing I changed is that when it's called from another indicator, it won't draw stuff on your chart (the way I like it... clean...). But when used on its own, should be the same as FFCal.
- enable DLL import (for the news part to work)
- it also solves the problem some of you might have experienced with xADR, that it sometimes crashes your platform.
- I think it's nicely customizable, but if you find bugs or need additions, just let me know

Enjoy!
Regards,
Z.
Attached File(s)
File Type: mq4 FFCal_mod.mq4   47 KB | 300 downloads
File Type: mq4 TrixBoard_v1.mq4   11 KB | 346 downloads
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