The FISHER-TRIX- 34ma system
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.
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