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THV system, final edition

  • #201
  • Nov 17, 2008 6:53pm Nov 17, 2008 6:53pm
Just use chart shift and move your price bars further to the left. Chart shift is button next to auto scroll. Then drag inverted triangle as much as you need.

Quoting maneddi
can someone please tell me how to move the objects and indies from the right side of the chart to the left side? they are over the candles and i can't see what is going on. i tried deleting them but they pop back up.
  • #202
  • Nov 17, 2008 6:53pm Nov 17, 2008 6:53pm
Quoting maneddi
can someone please tell me how to move the objects and indies from the right side of the chart to the left side? they are over the candles and i can't see what is going on. i tried deleting them but they pop back up.
Q&A post 2
  • #203
  • Nov 17, 2008 7:41pm Nov 17, 2008 7:41pm
Hi Cobra

Thanks for nice system
Could you please explain how to adjust your system to ACM trader. Thanks
Lang
  • #204
  • Nov 17, 2008 7:42pm Nov 17, 2008 7:42pm
i tried the remedy in post two but they did not delete. they disappeared and pop right back up on the screen. i was using the chart shift but forgot about dragging it over..duh..thanks
  • #205
  • Nov 17, 2008 7:49pm Nov 17, 2008 7:49pm
Quoting lang48
Hi Cobra

Thanks for nice system
Could you please explain how to adjust your system to ACM trader. Thanks
Lang
I use ACM as one of my brokers but I have a DEMO account for the MT4 Charts and execute the trades on the ACM platform.
The MT4 platform is more personizeable.
Hope that helped
  • #206
  • Nov 17, 2008 7:52pm Nov 17, 2008 7:52pm
Quoting maneddi
i tried the remedy in post two but they did not delete. they disappeared and pop right back up on the screen. i was using the chart shift but forgot about dragging it over..duh..thanks
So if youré done is ok, if you still want to erease them, delete the L THV indicator and later the objects.
  • #207
  • Nov 17, 2008 7:54pm Nov 17, 2008 7:54pm
Thanks Cobra
  • #208
  • Nov 17, 2008 8:02pm Nov 17, 2008 8:02pm
Quoting lang48
Thanks Cobra
You are wellcome

Guys I'm gonna rest now a bit to be fit for the London session, I would be happy if you post some bad trades that you took and price went against you, if there are any.

Only like that we can analyse what was wrong, posting good trades is also wellcome but doesn't help too much filtering mistakes that we may make.

Good night
  • #209
  • Nov 17, 2008 9:33pm Nov 17, 2008 9:33pm
Quoting cobraforex
You are wellcome

Guys I'm gonna rest now a bit to be fit for the London session, I would be happy if you post some bad trades that you took and price went against you, if there are any.

Only like that we can analyse what was wrong, posting good trades is also wellcome but doesn't help too much filtering mistakes that we may make.

Good night
No bad trades on THV but I didn't use it so much today. Just didn't always feel so good about entering trades. Have a good rest.
  • #210
  • Nov 18, 2008 12:21am Nov 18, 2008 12:21am
I was practising on my demo account yesterday before I go live with it and the only bad trades I had were when I didn't follow all the rules for instance a couple of times I forgot about the direction of the hull.

All in all, I love the system, easy to follow once you get the hang of what the indicators mean (a couple of them I have never used before).

My biggest problem yesterday was cutting the trade too early before it went further anyway, but positive pips are positive pips So I am going to hang on today until the indicators tell me to cut it
  • #211
  • Nov 18, 2008 12:44am Nov 18, 2008 12:44am
Quoting lynnette
I was practising on my demo account yesterday before I go live with it and the only bad trades I had were when I didn't follow all the rules for instance a couple of times I forgot about the direction of the hull.

All in all, I love the system, easy to follow once you get the hang of what the indicators mean (a couple of them I have never used before).

My biggest problem yesterday was cutting the trade too early before it went further anyway, but positive pips are positive pips So I am going to hang on today until the indicators tell me to...
Hi Lynette, yeah it is easy to follow onces you fully undestand the system.
Not always I follow the Exit rules.
Sometimes you have the feeling that it won't get further or a respected R&S point is closed but mostly it's the best to wait for confirmation.
Every pair has a different caracter on his moves and it depends on your feeling.
Happy trading and let us know further results
  • #212
  • Nov 18, 2008 12:44am Nov 18, 2008 12:44am
Could someone explain the colors of the HULL, green, red & yellow? Do they have any significant in entering long or short? Thx..
  • #213
  • Nov 18, 2008 12:49am Nov 18, 2008 12:49am
Quoting houston808
Could someone explain the colors of the HULL, green, red & yellow? Do they have any significant in entering long or short? Thx..
Green=> long, Red=> short Yellow=> trendchange or PA is flat.
  • #214
  • Nov 18, 2008 12:51am Nov 18, 2008 12:51am
SDX-TzPivots is a unique indicator that purports to be able to ferret out just the right HLC data for trading sessions not necessarily based on that of the MT4 server. In other words, if you want the "trading zone session", for the purpose of calculating pivots, to be based on London open and the next 24 hours, instead of what your MT4 server uses for open and close times of the 24 hour session, then this may be the indicator for you.

I posted my upgrade to this indicator. Cobraforex mentioned to me that I should post it here and that he is going to check out how well it performs. Great! Because I started to use the original and very soon found some discrpancies. You can read my posts on it, on the Eur/Usd or Eur/Jpy thread....I won't go into it again here. Essentially I stripped it down, rounded off some rough edges and polished it.....and passed it on.

I too, am anxious to learn of Cobra's results when he finishes bench testing it.

The download hard code key settings are "2" for the MT4 time difference from GMT and "-5" for the NY time difference from GMT....as if to say, "Hey, I want my trading zone 24 hour session (for the purpose of calculating pivots) to be shifted 7 hours westward from 2 hours east of GMT (where the MT4 server is under KGB surveillance) to 5 hours west of GMT (where all those Wall Street Thieves are stealing our money)!

Actually, maybe settings of "2" (pretty much fixed on this one unless Metaquotes moves) and "0" would be nice......We'd get to see our "day" (pivots for the day) the way the Londoners do!

Hope this works....! In any case, it functions as any normal indicator would with "0", "0" settings......enjoy.
Attached File(s)
File Type: mq4 SDX-TzPivots_v2.mq4   20 KB | 2,266 downloads
  • #215
  • Edited 1:11am Nov 18, 2008 12:59am | Edited 1:11am
Quoting traderathome
I posted my upgrade to this indicator. Cobraforex mentioned to me that I should post it here and that he is going to check out how well it performs. Great! Because I started to use the original and very soon found some discrpancies. You can read my posts on it, on the Eur/Usd or Eur/Jpy thread....I won't go into it again here. Essentially I stripped it down, rounded off some rough edges and polished it.....and passed it on.

I too, am anxious to learn of Cobra's results when he finishes bench testing it.

Hope this works....! In any case, if functions...
Great, Thanks Traderathome
I overlayed this pivot indicator on the original THV one and it has the same caculations.
I like the personalize options and specially the time shift.
We need to see in the future how far we can adjust the exact Pivot points.
Tomorrow I will give it a try with doblece, our tecnical director of the thread on Alpari and FXpro, now I'm gonna be busy with hunting pips.

Thanks again, good work
  • #216
  • Nov 18, 2008 1:10am Nov 18, 2008 1:10am
I have been trading PA, trendlines and s/r the last few months and doing fairly well with it, but my win to loss ratio is less than desirable. I am going to try this system as a second opinion on my TA. So far today it has weeded out two trades that I would have taken otherwise, both of which would have resulted in a stop out for me.

Thanks for putting the effort into this and sharing it with the rest of us for free. I won't be posting much but I will be hanging around

JJ
  • #217
  • Nov 18, 2008 1:18am Nov 18, 2008 1:18am
Quoting Jimmy Jones
So far today it has weeded out two trades that I would have taken otherwise, both of which would have resulted in a stop out for me.

Thanks for putting the effort into this and sharing it with the rest of us for free. I won't be posting much but I will be hanging around

JJ
Thanks Jim
Please let us know how you are doing in the future.

BTW: If someone already tried THV and found it useful or hate it or whatever may leave a rate on the right upper corner of every page in the thread.

That would show other traders how you guys and gals are thinking about it.

Thanks for taking the time
  • #218
  • Edited 1:39am Nov 18, 2008 1:33am | Edited 1:39am
We are still in bear territory but pretty closed to the DP so a break can happen.
For conscience on my 15M chart where I look for TL, HL Pivot etc it is also a resistance of my 60LWMA line. On 4h we have a bull pin bar the candle needs 20Min to close.
The DP is like a line between Buyers and Sellers, so above the DP we likely want to look for long confirmations on THV and vice versa
Always have a 15M chart open and draw your trend lines, fibs etc.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 21 KB
  • #219
  • Nov 18, 2008 1:52am Nov 18, 2008 1:52am
Since 2 years I have a rule that helped me a lot to take the right trading direction in my short term trading stile, the scalping, the Parabolic Sar. That are the blue points that you can observe on the 15M chart in my last post.

Rule was no to trade against the SAR points on 15M chart.

In some minutes I upload the indicator if someone is interested may download it.
Now with the THV I break that rule pretty often because the trades are even against it almost secure.
But if you are new to Forex it can help you a ton.

BTW: If I disapear isn't because I don't like to post anymore, it is because the pip hunt starts. I'm not posting and trading.
Attached File(s)
File Type: mq4 Parabolic.mq4   6 KB | 1,580 downloads
  • #220
  • Nov 18, 2008 2:31am Nov 18, 2008 2:31am
That recent bear spike on E/U was caused by extremely good news on CHF, hope you always look to the calendar and news page in FF.
Attached Image (click to enlarge)
Click to Enlarge Name: UC.jpg Size: 9 KB
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