Yeh . The notion is you should try get in below the trix cup which is further back in the trade but while the trix remains above the cup which is the bias line in the centre the trend is still intact and you swing in out as it crosses the signal line ie the green red lines of the trix .
With the linear now your attempting a spring of a long down trend so the red line the two hundred day linear is coming under the price .Well expected to . Thats why you need rules round the lines .
Off a long down trend like this i normally pilot in or dont enter till i get four under the trend even . If no bottom is starting to show . Kind if wider you go as being less risky and whippy but every trade has it moments .
Like say the double top . Your being hit with four indications to sell . Your normally not that lucky to get a double top where your exit would be so good and you would lose a fair bit on the wider exits . Fifth with the trix but it really shows up some lag under the top when trading the bias line if you used it soley imo.
Ive only seen one chart and recently which i cant remember unfortunately where the forty day didnt lead the trix and was still very close . I tried faster trix early on days with no real success but was alot newer to charting also .
All good Cabbie i hope you swing a few trades or get some different insight into a different perspective on a trade and indicators . Its alot about getting those cross rules in order thats for sure . They look crazy and they are because you need the stocks to work with them . The ones with volatility ie as Dazzle puts it the swingers which is what day traders need i guess . I scan with volatility as a parameter in some on a year set .
Like for a day trade we were expecting this stock bounce on a cross which it did twice near an indicated bottom ? Adr Just happened to do it for a fifty fifty hit i guess . I think any technical trader would be happy manage that in soothsaying . We didnt enter or trade and most likely wouldn't have done one . It was just planning one out . I would of got pantzed or broke even being end of day stuff thats for sure .22713932
Day trader with the different skillset would of scalped some off it im pretty sure ?
