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THV system, final edition

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  • Post #21
  • Quote
  • Nov 14, 2008 11:07pm Nov 14, 2008 11:07pm
  •  sukusun
  • | Joined Oct 2006 | Status: Member | 8 Posts
Cobra,

Thank you for posting your system. I am trying to setup HULL indicator. I will appreciate if you could let me know how to find the broker is 6 digit or 5 digit broker. I am with IBFX.

"The settings for the hull differ between brokers, 6 digit broker have to be setup to: 55 and 2.0, 5 digit brokers is: 55 and 0.20."

Thanks in advance,

Dennis.
  • Post #22
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  • Nov 14, 2008 11:16pm Nov 14, 2008 11:16pm
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
My most felt congratulations and thanks for a great and the same time simple system!

The little I've been able to see by now is that it gives quite a lot of early warnings so one can be prepared for what comes next... this is especially great in smaller TFs. I usually work with M5 and M15 in parallel, and found that the equivalent for my entries is to use M1 on your system... Heiken Ashi allows to have a better view of the action of that TF candles, which are usually more difficult to appreciate (too small).

Cheers!
  • Post #23
  • Quote
  • Nov 14, 2008 11:17pm Nov 14, 2008 11:17pm
  •  cobraforex
  • Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Quoting sukusun
Disliked
Cobra,

Thank you for posting your system. I am trying to setup HULL indicator. I will appreciate if you could let me know how to find the broker is 6 digit or 5 digit broker. I am with IBFX.
Dennis.
Ignored
Hi Dennis, good question because in Yen related pairs is not 5 or 6 digits.
You can define what digit broker you have on E/U for example, the price shown on the vertical scale of your chart, 1.27349 is 6 digit, 1.2735 is 5 digit.
  • Post #24
  • Quote
  • Nov 14, 2008 11:18pm Nov 14, 2008 11:18pm
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
Quoting sukusun
Disliked
Cobra,

Thank you for posting your system. I am trying to setup HULL indicator. I will appreciate if you could let me know how to find the broker is 6 digit or 5 digit broker. I am with IBFX.

"The settings for the hull differ between brokers, 6 digit broker have to be setup to: 55 and 2.0, 5 digit brokers is: 55 and 0.20."

Thanks in advance,

Dennis.
Ignored
If your price shows the "pipettes" (as in Oanda for example = 1.26023, or 101.236 for two-decimal pairs) those are 6 digits (FxPro is one).

If your price shows only 4 decimals, or two, it is a 5 digit broker (almost all MT4 are).

Edit: (Oops Cobra, we wrote at the same time, LOL)
  • Post #25
  • Quote
  • Nov 14, 2008 11:21pm Nov 14, 2008 11:21pm
  •  cobraforex
  • Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Quoting doblece
Disliked
My most felt congratulations and thanks for a great and the same time simple system!

Cheers!
Ignored
Thanks Doblece, also thanks again for your help with the MT4 V220 issue, you will be always wellcome.
  • Post #26
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  • Nov 14, 2008 11:23pm Nov 14, 2008 11:23pm
  •  cobraforex
  • Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Quoting doblece
Disliked
Edit: (Oops Cobra, we wrote at the same time, LOL)
Ignored
Looks like we are a good team, lol.
In german you say double is better.
  • Post #27
  • Quote
  • Nov 14, 2008 11:28pm Nov 14, 2008 11:28pm
  •  bigbear777
  • | Joined Mar 2006 | Status: Member | 62 Posts
Hay cobra, you plan on making any videos on your system? It may clear up any questions people may have as well as understanding the system for the beginners.
Just a thought.
  • Post #28
  • Quote
  • Nov 14, 2008 11:29pm Nov 14, 2008 11:29pm
  •  luSan
  • Joined Feb 2008 | Status: Cartographer | 1,981 Posts
Cobra,

I am a naked trader willing to explore the indicator universe. I like your scalping setup. I will play with it next week.

Thanks for you great work.
Empty as water and soft as a facing wind mountain
  • Post #29
  • Quote
  • Nov 14, 2008 11:34pm Nov 14, 2008 11:34pm
  •  bigbear777
  • | Joined Mar 2006 | Status: Member | 62 Posts
Do you have any stats on %wins?
  • Post #30
  • Quote
  • Nov 14, 2008 11:37pm Nov 14, 2008 11:37pm
  •  cobraforex
  • Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Quoting bigbear777
Disliked
Hay cobra, you plan on making any videos on your system? It may clear up any questions people may have as well as understanding the system for the beginners.
Just a thought.
Ignored
Yes I will come up with that in the near future.
  • Post #31
  • Quote
  • Nov 14, 2008 11:40pm Nov 14, 2008 11:40pm
  •  cobraforex
  • Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Quoting bigbear777
Disliked
Do you have any stats on %wins?
Ignored
No, the system is too new for that, but believe me, I have a lot of less bad trades than before.
  • Post #32
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  • Nov 14, 2008 11:43pm Nov 14, 2008 11:43pm
  •  bigbear777
  • | Joined Mar 2006 | Status: Member | 62 Posts
Is this great on the 1m chart or should we stick to 5m? I guess its to new to know right now?
  • Post #33
  • Quote
  • Nov 14, 2008 11:57pm Nov 14, 2008 11:57pm
  •  cobraforex
  • Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Quoting bigbear777
Disliked
Is this great on the 1m chart or should we stick to 5m? I guess its to new to know right now?
Ignored
No, the system is good for all timeframes, a look to a 4H chart will answer your question.

last post for me this night, need a rest.
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  • Post #34
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  • Nov 15, 2008 12:03am Nov 15, 2008 12:03am
  •  sukusun
  • | Joined Oct 2006 | Status: Member | 8 Posts
Quoting doblece
Disliked
If your price shows the "pipettes" (as in Oanda for example = 1.26023, or 101.236 for two-decimal pairs) those are 6 digits (FxPro is one).

If your price shows only 4 decimals, or two, it is a 5 digit broker (almost all MT4 are).

Edit: (Oops Cobra, we wrote at the same time, LOL)
Ignored

Thnaks for your quick responce, really appreciate it.

Dennis
  • Post #35
  • Quote
  • Nov 15, 2008 12:27am Nov 15, 2008 12:27am
  •  sukusun
  • | Joined Oct 2006 | Status: Member | 8 Posts
Quoting cobraforex
Disliked
Hi Dennis, good question because in Yen related pairs is not 5 or 6 digits.
You can define what digit broker you have on E/U for example, the price shown on the vertical scale of your chart, 1.27349 is 6 digit, 1.2735 is 5 digit.
Ignored
Thanks for your quick responce, really appreciate it.

Dennis
  • Post #36
  • Quote
  • Nov 15, 2008 3:31am Nov 15, 2008 3:31am
  •  reddevilpin
  • | Joined Aug 2008 | Status: Member | 21 Posts
I am a newbie. .but this is great .! thanks
  • Post #37
  • Quote
  • Nov 15, 2008 4:04am Nov 15, 2008 4:04am
  •  merweg
  • | Joined Dec 2006 | Status: Member | 54 Posts
Cobra, well done! Nice and neat and like AK4x said; Pips beware, THV is coming to get you.
  • Post #38
  • Quote
  • Nov 15, 2008 5:38am Nov 15, 2008 5:38am
  •  cash4u2
  • | Joined Dec 2006 | Status: Member | 136 Posts
Sorry, I am quite new doing forex trading.
Where can I find the PA = price action?

thx in advance
  • Post #39
  • Quote
  • Nov 15, 2008 7:09am Nov 15, 2008 7:09am
  •  Freddyfx
  • Joined Jul 2007 | Status: Member | 1,201 Posts
The PA ( Price Action) is the actual price that you see moving on your screen.
  • Post #40
  • Quote
  • Nov 15, 2008 8:08am Nov 15, 2008 8:08am
  •  cash4u2
  • | Joined Dec 2006 | Status: Member | 136 Posts
Quoting Freddyfx
Disliked
The PA ( Price Action) is the actual price that you see moving on your screen.
Ignored
@Freddyfx

Do you mean the green and pink Heiken Ashi candles?
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