How do you make a small fortune in Forex?
Start with a large one! ![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
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MTF Stochastics into MTF Stoch Histogram 8 replies
MTF Trix Meter 1.1d help! 0 replies
5 digits fro trix and mtf trix 2 replies
Anyone heard of the TRIX indicator ? 4 replies
Trix indicator 2 replies
DislikedI already posted the EA that I use. And all questions that you asked have been also answered. So, happy reading at firstIgnored
DislikedThis is my second trade for today. Used the same setup (thanks, sirogreness, whenever you come to Estonia, beers are on me).
Traded double position as usual, took 13 pips on the first half and was stopped out on the second.
That's it for today, two trades and 48 pipsIgnored
DislikedJust wanted to say Hi to the folks over here... Have been in the C4/Nitro thread for a while, and it was nice to have another thread to haunt...
I have a question... Obviously this thread is more orientated towards C4 and even M80 (especially in terms of profit targets)....Ignored
DislikedA win/loss ratio is irrelevant when trading in a 'probability theory' mindset and positive expectancy is foremost above all else as, without such, ANY trading plan will fail in the long run.Ignored
DislikedNote: Trading this methodology is not going to give you a 1:1 R/R. Scalping is built on probability theory as mentioned. Further, PA will tend to repeat small intricate movements repeatedly. This is simply historical fact. As such, a scalping plan is based upon a decent win/loss percentage and very good MM. Just playing the odds and trying to stack them in your favor now and then.Ignored
DislikedIndrek, I think the dx trade set at two is better for this setup. You are on to something. I still like the 3 as an indie on the bottom, it is great for minimizing losses...Ignored
DislikedVery similar to a number of traders on this thread.
I have been requested by many for my strategy thus this post.
I am no programmer so am trying to use the tools I have which have been kindly provided by swingman and DXtrader.
I trade ALWAYS with higher TF participation. The more TF's in synch. you are increasing the probability of the trade in your favour.
We have two basic Trend indicators....
1. Moving average (WMA or HULL are mentioned alot) WMA is in the indicator programmed by DXtrade.
2. Trix....many versions by swingman we all have...Ignored
DislikedI assume You're entering the trade when the 5 minute time frame agrees with the 30 minute time frame using the MTF SM trix set at 3,1,1,1. Where are they on your charts? Also, what indicator is attached to give you the arrows shown?Ignored
DislikedRight, I wait for 5m and 30m to line up.
I use smscalpersignals to draw the arrows on the charts, I use it instead of Trix to keep my trading chart clean.Ignored