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THV system, final edition

  • #25,881
  • Oct 12, 2022 6:35am Oct 12, 2022 6:35am
Quoting Homamiadana
{quote} This is interesting, we would like that.
I'm interested.. thank you!
  • #25,882
  • Feb 12, 2023 4:48am Feb 12, 2023 4:48am
Anyone know if there is a MT5 version of the THV trix indicator?
  • #25,883
  • Feb 12, 2023 5:00am Feb 12, 2023 5:00am
Quoting hitcola
Anyone know if there is a MT5 version of the THV trix indicator?
Yes.

TRIX Triple Exponential Average has become a common indicator in many trading platform.

It can be created easily as a custom indicator. There are several different versions available.

Here are 2 examples:

https://www.mql5.com/en/code/23115

https://www.mql5.com/en/code/24107
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,884
  • Feb 14, 2023 9:26am Feb 14, 2023 9:26am
Quoting emmanuel7788
{quote} Yes. TRIX Triple Exponential Average has become a common indicator in many trading platform. It can be created easily as a custom indicator. There are several different versions available. Here are 2 examples: https://www.mql5.com/en/code/23115 https://www.mql5.com/en/code/24107
Thanks Emmanuel, the two indicators you posted have only 1 line, while the THV has two lines. is there a way to make them 2 lines
  • #25,885
  • Feb 14, 2023 6:24pm Feb 14, 2023 6:24pm
Quoting hitcola
{quote} Thanks Emmanuel, the two indicators you posted have only 1 line, while the THV has two lines. is there a way to make them 2 lines
another older version here:

https://www.mql5.com/es/code/19056

Attached Image (click to enlarge)
Click to Enlarge Name: AU Feb15 Trix mql5 15-2-2023 8-17-24 am.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,886
  • Mar 26, 2023 9:58am Mar 26, 2023 9:58am
Hi,

I need some help with THV4 Trix MTF indicator.
With IC market MT4 platform it works nice but with any other it does not change colour (all fields are green).
MT4 platforms are the same version (4) and build (1380).
You can see the screenshots from IC market (works properly) and Global Prime (does not work well).

Thank you in advance!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: THV4 Trix MTF.png Size: 80 KB
Click to Enlarge Name: THV4 Trix MTF(IC market).png Size: 85 KB
  • #25,887
  • Apr 6, 2023 7:16pm Apr 6, 2023 7:16pm
Quoting Wolffy
{quote} Hello, can THV EA connect to the news? EA has great potential. {image}
please share the thv ea here please
  • #25,888
  • Apr 24, 2023 10:47pm Apr 24, 2023 10:47pm
Hi

EA THV is currently not connected to news anymore, after more than 10 years of researching THV I found that the more you study it on a longer time frame, the higher your chances of winning (especially H4), not the as short as M1 or M5. Because THV is a strong trend-following system, the trend is not known by M1 or M5.

I am now seeing an increase in the number of successful THV users. And the number of people who form groups learning about this system has also increased dramatically through interactions that I know of.
  • #25,889
  • Jun 30, 2023 3:01pm Jun 30, 2023 3:01pm
Hi
Anybody have a version of the indicator THV_Arrows for MT5 please?
Would prefer the mq5 file as I'd like to use it in an EA.
Thanks in advance.
  • #25,890
  • Edited Jul 4, 2023 1:07am Jul 3, 2023 10:44am | Edited Jul 4, 2023 1:07am
Hello, fellow THV traders! I'm fairly new to this system and have been using it for about a month now. I've been achieving very good statistics so far. However, I've noticed that this thread has become quite inactive. Therefore, I would like to share my trades in the hope of engaging more experienced THV traders and exchanging thoughts with them.
I am embarking on my THV system journey by participating in the MFF 50k evaluation. I will continue to post updates on my trades and the statistics of my MFF account.
I'm not sure if this holds any significance, but I hope this thread becomes active again. If not, I'm content with treating my posts as a personal journal.
Regarding my trading approach, I strictly follow the original rules outlined in the first post:
Entry:

  1. Both Trix cross each other and have the same color at 0.00 level
  2. Price should be above/below coral as a trend filter.
  3. Price crossing Ichimoku.
  4. (my personal extra) Heiken Ashi candles should not be excessively large or have long wicks.

Exit:
SL/Manual close: I set SL mostly at HA bar high/low +spread, Swing Hi/Lo or Ichimoku instead of ATR. So it might be really risky but IMO, these level is kinda solid for this system, especially Ichimoku when I want to do trailing sl.
TP: I choose to exit trades only at support/resistance levels and pivot lines. However, I may also adjust my risk-reward ratio if necessary (for example, when I don't want to hold a trade overnight , when my profit target is reached, or when I don't need to monitor the trade closely, etc.).

My English is not so good, I'm Thai. If anyone reading this is also Thai then สวัสดีครับ

  • #25,891
  • Jul 3, 2023 10:45am Jul 3, 2023 10:45am
1st trade today and 1st of trade of my MFF ac. several hours ago
EURJPY
Trix crossing for a while and then price crossing down Ichimoku and being under coral so I take a sell trade then TP on Daily pivot line.
Attached Image (click to enlarge)
Click to Enlarge Name: 1 EJ.png Size: 62 KB
  • #25,892
  • Jul 3, 2023 10:55am Jul 3, 2023 10:55am
2nd trade now
Buy GBPUSD
I set TP at resistance but maybe will close early since it is only a few hours before my bedtime now.
Attached Image (click to enlarge)
Click to Enlarge Name: 2 GU.png Size: 51 KB
  • #25,893
  • Jul 3, 2023 11:42am Jul 3, 2023 11:42am
Moved to BE
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 44 KB
  • #25,894
  • Jul 3, 2023 12:03pm Jul 3, 2023 12:03pm
Price going really slow and Trix become red now so I manually close in a little profit. This trade runs to about 1RR, but since it is not hit any S/R(my target) so I did not close out 1RR.
  • #25,895
  • Jul 3, 2023 2:53pm Jul 3, 2023 2:53pm
Quoting jameboy9864
Price going really slow and Trix become red now so I manually close in a little profit. This trade runs to about 1RR, but since it is not hit any S/R(my target) so I did not close out 1RR.

Where I can download the exact template and indicator you have ?
I want to try this system.
  • #25,896
  • Jul 3, 2023 4:00pm Jul 3, 2023 4:00pm
Quoting inuuu
{quote} Where I can download the exact template and indicator you have ? I want to try this system.
It is the exact same one on the 1st page from Cobra THV3
  • #25,897
  • Jul 3, 2023 6:59pm Jul 3, 2023 6:59pm
I see the posts asking for an MT5 version of the system, and then I realize it's all closed sourced for some reason. Why is that? Why hide the code?

.....you openly explain the system and provide code to run the system on a chart, but you hide the code?
  • #25,898
  • Jul 4, 2023 2:19am Jul 4, 2023 2:19am
My afternoon trade
1.GBPCAD
Price also break the trendline but it is not going up just yet, it retrace down too far for me(break ichimoku) and trix become red so I took a SL. However, this setup still win if you choose ATR SL because it did run into that green resistance in a couple of bars later.

2.Gold
Really smooth momentum upward , I wish for a Tp on Pivot R1 but several bars later, Trix becomes red so I get out TP 1RRR.

1lose 1win, nothing special. I'm gonna grab some lunch. Good luck guys!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3 GCAD SL.png Size: 30 KB
Click to Enlarge Name: 4 XAU.png Size: 35 KB
Click to Enlarge Name: 4 XAU trix red manual tp1.png Size: 21 KB
  • #25,899
  • Jul 4, 2023 3:31am Jul 4, 2023 3:31am
[quote=jameboy9864;14484772]My afternoon trade 1.GBPCAD Price also break the trendline but it is not going up just yet, it retrace down too far for me(break ichimoku) and trix become red so I took a SL. However, this setup still win if you choose ATR SL because it did run into that green resistance in a couple of bars later. 2.Gold Really smooth momentum upward , I wish for a Tp on Pivot R1 but several bars later, Trix becomes red so I get out TP 1RRR. 1lose 1win, nothing special. I'm gonna grab some lunch. Good luck guys! {image} {image} {image}[/quote

very nice, you can post your indicators, what I downloaded it not looks like yours.
thanks
  • #25,900
  • Jul 4, 2023 4:03am Jul 4, 2023 4:03am
I'm just literally using THV3 indicators and template from the first post, nothing else. But since you insist, then here you go.(just copy from the first post lmao)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
Attached File(s)
File Type: zip V3.zip   669 KB | 979 downloads
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