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| Added: May 18, 2008 |
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| Tags:
MetaStock, expert advisor
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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:
Code:
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
Author: Jongseon Kim
Source: http://www.traders.com
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