nmike

The FISHER-TRIX- 34ma system

AMEX:SPY   SPDR S&P 500 ETF
5664 36 56
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.
Databased
3 years ago
Thanks for sharing. Have you tested this with geometric pattern identification as well? I assume that would further increase its validity.
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nmike MOD Databased
3 years ago
@Databased YES I have, I always use geometric patterns on all my systems
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Nice move nmike! Thx!
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76mako
3 years ago
i like it , will have to add to my bag of trix
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IgorJuric
3 years ago
How you put multiple TRIX in one indicator/chart? Only PRO feature or...?
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nmike MOD IgorJuric
3 years ago
@IgorJuric put the 1st Trix on your chart like you normally would , when you put the 2nd one click right on the TRIX and click merge up/down and then repeat for the next one.After you have all the Trix in one window, click right on each one of them , click properties / format and make sure all TRIXs are SCALED RIGHT
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Wespe
3 years ago
very nice.thank you for teaching me.many thx.:)
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littleriver
3 years ago
Very nice!! You have to love an indicator that tells you what to d o when and is right a majority of the time. Thank you for sharing!!!
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Excellent.. Not too many people actually know how to use all these indicators. Rare Gem
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nmike MOD
3 years ago
When Trix 7,10,14 and FISHER are all above mid point any dips in the Trix 5 is a go long opportunity
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GrowMyTSP
3 years ago
Would these same settings work well for swing trading? I'm basically trading my Thrift Savings Plan (401k type plan) and I'm limited to two trades per month, so I typically use a custom chart of a 7-day trading period. Thanks!
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nmike MOD GrowMyTSP
3 years ago
@derek.carlton.798 yes leave the settings as they are, you may want to change the TRIX 5 to 4 and have a dual BB(20 & 34),you may also want to have the popular 20ma instead of 34.The reason I set the BB at 34 is because it gives me a better view of when prices are overextended, overextended prices on BB 34 will often occur completely outsides the bands.Divergence plays an important part with this system.Here is a sample chart.
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GrowMyTSP nmike
3 years ago
I am sorry, nmike. I meant to respond to you, but this summer has been CRAZY. I want to thank you for responding to me. Since you shared this, I would like to let you know that I earned ~9% in my TSP account (entered small caps on June 26th and went into cash on July 19th). Your system is amazing, bro! Thanks again!
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nmike MOD GrowMyTSP
3 years ago
@derek.carlton.798 great and your welcome!
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nmike MOD
3 years ago
>>>>> more sample set ups.....
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nmike MOD
3 years ago
>>>> hidden divergence and Fisher signal sample set up
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Excellent Job!!!

Time to get Fisher Fibonacci Retracements/Extensions
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nmike MOD
3 years ago
....another sample set-up
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nmike MOD
3 years ago
>>>> more sample set ups,
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nmike MOD
3 years ago
>>>>> micro cap sample "catch the bottom" set up
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ForexTools
2 years ago
Thank you !!!
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nmike MOD ForexTools
2 years ago
You Welcome,.....any questions about the system let me know.
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nmike MOD
2 years ago
.......more sample set ups
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VovoChara
2 years ago
Very nice. Thank you
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nmike MOD
2 years ago
....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


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vika111
9 months ago
where i can get this system?
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nmike MOD vika111
9 months ago
what do you mean? ..just hit make it "mine"
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OmegaJ
8 months ago
Thanks for sharing.

Great system by nmike!
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nmike MOD
7 months ago
....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.
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ShPro PRO
6 months ago
Love this.. Thanks
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