MTF Trix system (MTF Trix system) | Foreign exchange indicator download- MT4/MT5 resources

Hello everyone,

This topic is used to develop and discuss a multi-timeframe trading system based on one indicator (Trix) with higher timeframe confirmations.

Main settings are 60,15,5
Three timeframes are involved - M60, M15, M5.
After the Trix signal is confirmed on all three timeframes, an entry is taken from the M5 chart - when the three blocks are the same color and filled.
The entry point is 2 pips below/above the low/high of the signal candle. (Signal candle = M5 candle confirming the last necessary signal.)

Basic template comes with a basic set of indicators.
The arrow on the chart belongs to the scalper signal indicator and shows the signal of Trix on the current time frame. This is for visual aid - pay attention to the signal candles.
The three-line block shows the state of the Trix in three time frames: M5, M15, M60.
An empty square indicates that the Trix has crossed 0, but the signal has not yet been confirmed.
NB! You must have Sm Super Trix v1 in your indicators folder as MTF indi refers to it. No need to attach it to the chart.
Instructions on how to attach any version of MTF Trix to a chart - see http://www.forexfactory.com/showpost...postcount=1168.

Happy trading!