nmike

The FISHER-TRIX- 34ma system

AMEX:SPY   SPDR S&P 500
6683 40 64
I introduced this FISHER -TRIX system on the chat message board some time ago. A few traders are using it so I thought it would be a good idea to share it with all the members. The basic price trend up is when the FISHER and or the TRIX 10&14 are above mid point and down when they are below mid point. But if we just use the above/below mid point as entries it will often be too late, so this system makes use of divergences, over extended indicators moves, basic candle stick patterns and BB (34) boundaries. Often you will see the TRIXs lines far apart from each other, usually that's a sign the price is over extended, I call this the TRIX BUBBLE. The RSI (14) is a good addition to this system.There is a few more minor guidelines but I'll leave those for next time. Good for all time frames.
Great educational chart. Using it 4 years later..
Reply
Are there any examples of when to short sell with this strategy?
Reply
nmike MOD MattAttack
@MattAttack, example of non divergence confirmed short sell
snapshot
Reply
nmike MOD MattAttack
@MattAttack, divergence short sell
snapshot

Reply
Love this.. Thanks
+1 Reply
....a good example that the often used RSI used to look for divergences does NOT always work.....

TRIX covers pure momentum divergences. RSI & Stoch covers price action divergences at overbought/ oversold levels. FISHER covers momentum and volatility divergences...The other type not shown in Fisher-Trix system is the Elder Force Index(13) which covers price/volume divergences.
snapshot
Reply
Thanks for sharing.

Great system by nmike!
+1 Reply
where i can get this system?
Reply
what do you mean? ..just hit make it "mine"
Reply
....a reliable positive divergence Bollinger Band squeeze breakout setup,what makes this setup extremely reliable is the Trix14 close to mid point and the rest above mid point


snapshot
+3 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out