@Fury, Yes, wired like that, the player will oscillate back and forth between the frames.
This is how it needs to be wired:
Pressure plate 1 of hoik loop runs with red
to tele 1 and through to tele 2 !
This continues:
Pressure plate 2 of hoik loop runs with blue to tele 2 and through to tele 3,
Pressure plate 3 of hoik loop runs with red to tele 3 and through to tele 4,
Pressure plate 4 of hoik loop runs with blue to tele 4 and through to tele 5,
Pressure plate 5 of hoik loop runs with red to tele 5 and through to tele 6,
Pressure plate 6 of hoik loop runs with blue
to tele 6 and back to tele 1!
The ghost dummy in the hoik loop is providing the impulses to pass the player from teleporter to teleporter. The teleporters need to be wired in a loop. The different coloured wires aren't really necessary, but it will work.
EDIT:
I think you thought you were using the first pressure plate in the hoik track to move the player into the teleporter loop. You can still do this by additionally wiring tele 1 to the entrance teleporter with
green from pressure plate 1 of the hoik loop. This will prevent the player from being returned to the entry teleporter while looping, since the signal to pass the player from tele 1 to tele 2 is done with red wire (earlier priority) while the signal to pass the player between the tele 1 and the entry tele is with green.
I'm not sure as to how this mechanism stops though <.<' Do you have Blackshadow's original for reference?
EDIT: I found the original video. This mechanism does not have any entry or exit teleporters. The loop is just turned on or off and the player jumps onto one of the teleporters to enter the loop. So forget what I said about green wiring.