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TRIX Expert by Jongseon Kim

In his article "Trading In Tempo With TRIX," Jongseon Kim presents a trading system based
on the TRIX indicator. This indicator is built into MetaStock and does not need to be defined in a custom formula. The formulas that follow create an exploration and a system test based on his conditions.

To recreate this expert, in MetaStock, go to Tools and select Expert Advisor. Click "New" and enter a name ("Trix system"). Select the Symbols tab and click "New." Enter the name of the symbol. Then enter the formula. Click the Graphic tab and select the desire symbol, the color you would like it displayed in, and the text to be displayed. On this screen, you also specify the location of the symbol and the text in relation to the price bars. Here are the formulas and the selections used in the example expert:


TRIX

Name: Gold Cross

tx:=TRIX(5);
sig:=Mov(tx,3,E);
Cross(tx,sig)

Graphic: Buy Arrow
Size: Medium
Color: Dk Yellow
Label: GC
Symbol position: below price
Label position: below symbol

Name: Dead Cross

tx:=TRIX(5);
sig:=Mov(tx,3,E);
Cross(sig,tx)

Graphic: Sell Arrow
Size: Medium
Color: Dk Red
Label: DC
Symbol position: above price
Label position: above symbol

Name: Bounce

tx:=TRIX(5);
Cross(ROC(tx,1,$),0)

Graphic: Exit Sign
Size: Medium
Color: Blue
Label: B
Symbol position: above price
Label position: above symbol

Name: Fall

tx:=TRIX(5);
Cross(0,ROC(tx,1,$))

Graphic: Exit Sign
Size: Medium
Color: Dk Green
Label: F
Symbol position: below price
Label position: below symbol

 

--William Golson
Equis International
www.equis.com
Source / From: TOP
http://www.traders.com

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