MTF Trix Trading System
Platform: Trading Systems Last update: January 16, 2020The MTF Trix is a multi-timeframe version of famous Trix indicator. It is displayed in the separate window below the main trading chart. This tool shows the buy or sell state of Trix in three timeframes: M5, M15 and H1.
How to trade with MTF Trix Trading System?
Open BUY order when following conditions are met:
- All MTF Trix “bricks” must be green.
- The blue arrow pointing up appeared and the bar has closed.
- Exit the trade at the arrival of opposite arrow or you can use your own exit strategy.
Open SELL order when following conditions are met:
- All MTF Trix “bricks” must be red.
- The red arrow pointing down appeared and the bar has closed.
- Exit the trade at the arrival of opposite arrow or you can use your own exit strategy.