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PeterE replied Oct 15, 2009EURJPY 20min — to be a consistently profitable trader week after week is not easy, and we can sometimes make it even more complicated and difficult with "sophisticated" computer generated indicators myself, i prefer clean charts and simple ...
Andrews Pitchfork (Median Line)
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PeterE replied Oct 15, 2009EURUSD 20min — these MLs were drawn 2 weeks ago and are still providing trade opportunities entry yellow-red circle because: 1] price is finding convincing resistance at the green ML 2] as well as being forced back by resistance at the Fib ...
Andrews Pitchfork (Median Line)
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PeterE replied Oct 14, 2009EURJPY 20min — LAZY Z pattern price climbs above central ML finding support, entry green-yellow, exit red-yellow at high probability fib zone (red horizontal), which often acts as significant resistance; +50pips available takes a lot of ...
Andrews Pitchfork (Median Line)
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PeterE replied Oct 14, 2009AUDUSD 20min — classic ML set up generating an easy 50pips . . . . if in the right place at the right time
Andrews Pitchfork (Median Line)
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PeterE replied Oct 13, 2009USDJPY 60155 — 1] trix meter alignment on 60 15 5 2] filtered trix signal using median lines 3] tweaked entry using median lines 4] exit +30 (or +20 +25 +30 = +75 if scaling out), using median lines and fib zones
MTF Trix system
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PeterE replied Oct 12, 2009"consistent" (the magic word!!) trading Indrek, well done one question for you, when you source a 240 15 5 set-up on a 5min chart, is it necessary to then view a 240M chart to make sure 2 boxes align on the 240M (period 3 and period 2)?? or can i ...
MTF Trix system
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PeterE replied Oct 10, 2009yes, its a channel, very popular amongst traders, i use them myself but would i use this indicator myself, probably not, i prefer to choose my own pivots
MTF Trix system
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PeterE replied Oct 9, 2009drawing MLs/APF — i dont find the MT4 MLs stick very well (magnet) to price bars, often after drawing i need to determine pivot prices then reset the APF, because the APF hasnt drawn at the exact height or low does anyone have a solution for ...
Andrews Pitchfork (Median Line)
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PeterE replied Oct 9, 2009AUDUSD 305 — note: chart has been condensed to 15m for ease of viewing 1] 5min, 305 trix meter signal 2] trix signal filtered using median lines (see, url ) 3] close +36 @ pivot (or +25+30+36, if you like to scale out) ** step 2] is essential ...
MTF Trix system
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PeterE replied Oct 9, 2009nice work Indrek
, i look forward to seeing one of these daily from you now (excluding weekends of course!) MTF Trix system
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PeterE replied Oct 9, 2009Median lines are the only trading tool I have been able to consistently generate pips from. I know there are other tools out there, but this is what works for me. One of the very few leading indicators, median lines are also backed up by solid ...
Andrews Pitchfork (Median Line)
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PeterE replied Oct 8, 2009nice work Indrek, i expect 1 of those from you each day, from now on
MTF Trix system
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PeterE replied Oct 8, 2009i do believe you're outside the "specified trading times", on at least one occassion there T7 . . . . i'm not sure i'm willing to count that one!! . . . . just kidding anyway, nice trades Glen, i mean T7, that's our secret isnt it,
MTF Trix system
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PeterE replied Oct 7, 2009the 240s look like a really nice way to trade if you've got the skill and can manage the risk, i think i'll focus on 60155 consistency first, . . . . 240s for the future nevertheless, i do like the idea of less screen time
MTF Trix system
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PeterE replied Oct 7, 2009Trix signal and supportive market structure — 1] trix signal pink vertical 2] red confirmation arrow yellow square 3] price is now beneath 38.2 fib and wk pivot - yellow square 4] short and exit all daily S1 +25 5] or scale out +25+30+35, . . ...
MTF Trix system
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PeterE replied Oct 7, 2009using market structure to filter Trix signals — trix doesnt work on its own, its signals need to be filtered the best way i know of to filter indicator signals is market structure/ price action the chart below shows a trix signal (vertical ...
MTF Trix system
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PeterE replied Oct 6, 2009very nice work xecret, captures price well, have it on my charts already, thank you i had wondered about broker platform times and indi construction, you've sorted it. terrific
MTF Trix system
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PeterE replied Oct 6, 2009Reading through this thread there was a lot of excitement surrounding the “simplicity” and “wonder” of MTF Trix, which incidentally, appears to have died off significantly. Is the excitement justified? The 3 block/ 2 block signals are obviously ...
MTF Trix system