Wednesday, October 26, 2005 7:41:41 PM
Subject: TRIX (4,2) Signal Update
TRIX(4,2) is now short as of today's close. The reliability of the "stand alone" TRIX(4,2) is again going to be tested as of right now.
Also, want to say thanks for all the suggestions about how to improve this chart setup against possible whipsaws. Since the ADX seemed to come up the most, will be watching a TRIX(4,2), ADX(14) setup at this link ... http://tinyurl.com/87b4j.
Click on the link at the chart's bottom left to view chart update in real time.
Trading Rules:
- trade LONG when TRIX is RISING
- trade SHORT when TRIX is FALLING
- go to CASH when TRIX is FLAT
*system is based on end-of-day closing charts & price (which can still be determined 15 minutes prior to the close)
Link to this chart setup ... http://tinyurl.com/7pa3h
TRIX(4,2) is now short as of today's close. The reliability of the "stand alone" TRIX(4,2) is again going to be tested as of right now.
Also, want to say thanks for all the suggestions about how to improve this chart setup against possible whipsaws. Since the ADX seemed to come up the most, will be watching a TRIX(4,2), ADX(14) setup at this link ... http://tinyurl.com/87b4j.
Click on the link at the chart's bottom left to view chart update in real time.
Trading Rules:
- trade LONG when TRIX is RISING
- trade SHORT when TRIX is FALLING
- go to CASH when TRIX is FLAT
*system is based on end-of-day closing charts & price (which can still be determined 15 minutes prior to the close)
Link to this chart setup ... http://tinyurl.com/7pa3h
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Favorite Charts/Links - http://wongken96815.tripod.com/stockspage.html
"Strategy Central" board - #board-5498
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