stop losses — I am the evil one who suggested this whole idea of stop losses, and letting a loser run etc.....I would like to publicly state....I have given up the idea.....my philosophy is to listen to those who know more than me.....and ...

MTF Trix system

After some input from some other traders, I have abandoned this idea of not using stop losses. In some markets the currency will range, but sometimes it will trend and if it trends away from the direction you are trading it may move thousands of ...

Do you use stoploss?

[quote=Gleneagles;3082615] Yeah, he is trading pretty small. He does have stops, just very big ones, and he is pretty good about choosing the direction.....however....there are times where it just goes in one direction, maybe 800 pips or ...

MTF Trix system

Well Glen, I am sure if I took a vote, everyone would be begging you to talk about 240 15 5 trading. This thread has become the only one I really look at on ForexFactory, so I would hope the thread keeps going. It would be great if others could post ...

MTF Trix system

just what I wanted to learn about. — A friend of mine tells me he hardly ever takes a loss. He is right more often than not, but when a trade goes against him, he just waits and even if it goes against him a few hundred pips he just hangs in ...

Do you use stoploss?

off topic — Indrek If this is too much off topic, just let me know via pm (and i will delete), but I would be interested in yours and Glen's opinion. A friend of mine who trades forex tells me that he just hardly ever takes a loss. He says ...

MTF Trix system

manual, manual, manual — Nix, .....Lrathi has invested a great deal of effort into creating a manual. :-) where such questions are answered The best way to thank her, is to read it thoroughly Best wishes

MTF Trix system

hmmm....not sure — The settings are pretty basic See image do you have both the exe and mq4 installed? Is your chart background the same color as the settings? It works for me

MTF Trix system

round number indicator — Upon request I have posted the Round number indicator Obviously one should take caution in taking a trade that is going hit a round number shortly, and if price has recently broken a round number that can be taken as a ...

MTF Trix system

I love MTF 60 15 5 — 2 trades both taking two portions of profit using quik trailing EA (one during the Asian session, and another this morning) I have the 5 minute and 60 minute trix in both block and histogram format I look for the blocks to ...

MTF Trix system

Quick trailing EA — Indrek See the attached image If I wanted a hard (oh crap) stop at 40 pips If I wanted to take my first profit at 25 pips and have my break even move at 25 pips and have my second take profit at 40 pips and have a trailing ...

MTF Trix system

more updatestops EA questions — I took a short trade GBPUSD a few minutes ago (outside of approved hours I know) It hit my TP1 and TP2 (+20 and +30) but it did not move the stop to break even (so I did so manually) Here are my settings Any ...

MTF Trix system

EA settings — Hi Claudia I do not know the answer but I think figuring out the use of this EA is vital to our success. (stop loss etc) I wonder if the market moved 15 pips in your favour, and then quickly moved back and you did not get filled ...

MTF Trix system

by jove you are right!! — Indrek, I tend to a bit obsessive, so as soon as you said that I thought....he is right.....I need the daily as well......I have decided to live dangerously and leave the 30 time frame off LOL Thanks again

MTF Trix system

I agree — I have just created a template that has 240 60 15 and 5 on it It makes things much simpler PGPB

MTF Trix system

Mystery solved!! — It turns out that I had saved my 240 15 5 template as 60 15 5 So in actual fact the trade that I took was a 240 15 5 I was wondering what the heck was going ont I am going to delete the original post as it creates a lot of ...

MTF Trix system

I am using "updatestops" EA which splits the trade into four parts. Lrathi covers it in the manual

MTF Trix system

trix — there is no "best indicator" there are different trix indicators that have different functionality. If you do not know the difference between a confirmed signal on trix, then using the royston indicator would be a good idea The ...

MTF Trix system

Wajid, I use the Trix Meter from Royston that shows confirmed trix signals So I am less familiar with the one you are using, but I believe you do not have a confirmed signal on the 60 trix until about 6 blocks further along (when you get a solid ...

MTF Trix system

thanks — thx Merlyn!! (we will soon start saying....RTFM) :-)

MTF Trix system