THV system, final edition | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #341
  • Nov 20, 2008 6:55pm Nov 20, 2008 6:55pm
Hi, cobra!!
I check your system is very strong, I'm going to test in the simulator..
I really studied a lot.

See ya,...
What does not kill me makes me stronger. Friedrich Nietzsche,
  • #342
  • Nov 20, 2008 7:32pm Nov 20, 2008 7:32pm
I broke down and downloaded MT4 (more out of curiosity than anything else) and set your system up on another monitor I dug out of my closet. Looks purty What do you think???

Regards,

Bo

http://screencast.com/t/jokpEdm3y
  • #343
  • Nov 20, 2008 7:46pm Nov 20, 2008 7:46pm
Correct me if I'm wrong. If I understand the above correctly, a good entry signal is when the T3 line is in very close proximity to the Hull along with the other requirments of being above the cloud etc?

What I don't understand is that I thought a clear entry signal is when the blue has crossed the cloud as well as the hull. In the chart that cobra posted would the entry signal be at point C or a little bit later when the blue and price action has crossed the cloud.

Thank You
  • #344
  • Nov 20, 2008 7:53pm Nov 20, 2008 7:53pm
Quoting mannai70
In the chart that cobra posted would the entry signal be at point C
Thank You
No, point 3 was not the Entry point, I just pointed out the A-B-C setup.
The real Entry point is respecting the rules.
  • #345
  • Nov 20, 2008 8:01pm Nov 20, 2008 8:01pm
Quoting Turhovach
I broke down and downloaded MT4 (more out of curiosity than anything else) and set your system up on another monitor I dug out of my closet. Looks purty What do you think???

Regards,

Bo

http://screencast.com/t/jokpEdm3y
Gimme a shot, how do you get the cloud on MT4 as a shadow?
I'm trying to get that done since weeks.
  • #346
  • Nov 20, 2008 8:13pm Nov 20, 2008 8:13pm
Quoting cobraforex
Gimme a shot, how do you get the cloud on MT4 as a shadow?
I'm trying to get that done since weeks.
Color + line thickness of the fill (use the highest = 5)
  • #347
  • Nov 20, 2008 8:19pm Nov 20, 2008 8:19pm
Quoting doblece
Color + line thickness of the fill
I'm not surprised that you knew the answer.

That will change our look in the future, the colors of the cloud are not relevant for the THV system and as a shadow we will have better overview.
  • #348
  • Nov 20, 2008 8:31pm Nov 20, 2008 8:31pm
Quoting cobraforex
I'm not surprised that you knew the answer.

That will change our look in the future, the colors of the cloud are not relevant for the THV system and as a shadow we will have better overview.
I tried that but the cloud obscured the candles too much. Should I choose a different color?
  • #349
  • Nov 20, 2008 8:31pm Nov 20, 2008 8:31pm
Yup, that's how its done. Makes everything a lot simpler and clearer. Thanks for answering Doblece. Regards...
  • #350
  • Nov 20, 2008 8:33pm Nov 20, 2008 8:33pm
TradeWell -- Set up your indicators so that the "Cloud" is first, and then everytrhing else. That way all other indicators will be on top of the cloud --
Attached Image
  • #351
  • Nov 20, 2008 9:04pm Nov 20, 2008 9:04pm
Quoting Turhovach
TradeWell -- Set up your indicators so that the "Cloud" is first, and then everytrhing else. That way all other indicators will be on top of the cloud --
Thanks Bo
That is the best improvement since the beginning.

I will come up soon with a new template and post it in the first page.
Before that I want to test it, to see if it is necessary to get the settings changed because of the thickness of the cloud lines.

The amazing point of the THV system is the easy to observe chart and now it will even get better.
  • #352
  • Nov 20, 2008 9:07pm Nov 20, 2008 9:07pm
Quoting Turhovach
TradeWell -- Set up your indicators so that the "Cloud" is first, and then everytrhing else. That way all other indicators will be on top of the cloud --
I've worked with computers my whole life and I can't figure out how to do something as simple as that. Drag and drop doesn't work and I can't find any way to edit the list, other than delete. Do I have to delete then add them again? hmmmmm...
  • #353
  • Nov 20, 2008 9:11pm Nov 20, 2008 9:11pm
Quoting cobraforex
Before that I want to test it, to see if it is necessary to get the settings changed because of the thickness of the cloud lines.
The cloud looks fine but at a higher zoom level leaves some tiny "holes" between the body and frame. It would seem that Turhovach has an intermediary zoom level that I don't have on my platform... his HA candles look smaller than mine but still separated one from the other... if I zoom out one level to have a smooth cloud, the HAs are too close.
  • #354
  • Nov 20, 2008 9:50pm Nov 20, 2008 9:50pm
Quoting doblece
The cloud looks fine but at a higher zoom level leaves some tiny "holes" between the body and frame. It would seem that Turhovach has an intermediary zoom level that I don't have on my platform... his HA candles look smaller than mine but still separated one from the other... if I zoom out one level to have a smooth cloud, the HAs are too close.
Found the solution, will give you a PM.

Guys we will show up tomorrow with a new template, don't waste time to get it done, better watch out for some pips.
  • #355
  • Nov 20, 2008 10:08pm Nov 20, 2008 10:08pm
Quoting cobraforex
Found the solution, will give you a PM.

Guys we will show up tomorrow with a new template, don't waste time to get it done, better watch out for some pips.
Thanks...but it's also fun trying to figure it out. Better to spend time pippin though.
  • #356
  • Nov 20, 2008 11:09pm Nov 20, 2008 11:09pm
Quoting doblece
Color + line thickness of the fill (use the highest = 5)
That is not very explanatory. Could you post the one, or several sample code lines? Or are you saying to use the indicator window and set the width for the lines that are in the cloud to setting 5?
  • #357
  • Nov 20, 2008 11:20pm Nov 20, 2008 11:20pm
Quoting traderathome
That is not very explanatory. Could you post the one, or several sample code lines? Or are you saying to use the indicator window and set the width for the lines that are in the cloud to setting 5?
Yes but cobra is posting a new template if you don't want to do it yourself. Also the cloud, filled in, will cover your candles unless you put the cloud first on the indicator list.
  • #358
  • Edited 11:42pm Nov 20, 2008 11:23pm | Edited 11:42pm
Quoting traderathome
That is not very explanatory. Could you post the one, or several sample code lines? Or are you saying to use the indicator window and set the width for the lines that are in the cloud to setting 5?
Sorry
I was referring to the settings.
However, we found out a better solution (as using the original Ichimoku THV leaves "holes" between lines when zoomed out): you can use the Ichimoku Kinko Hyo that comes with MT4, set the parameters as follows:
Tenkan 2
Kijun 5
Senkou 8
Then on the colors tab: the first 3 colors get set to NONE, the remaining two get set to the same color of your preference, and the line thickness to 5.

As Turhovach said, the Ichimoku Kinko Hyo has to be placed first on the chart so it remains on the background... so if it is much of a hassle, better to wait for the new template that Cobraforex will be uploading to his site with the new cloud. And if you're curious and have patience, you can reorganize the indicators on your screen but will have to check all original settings so they remain the same, just in case.
  • #359
  • Nov 20, 2008 11:26pm Nov 20, 2008 11:26pm
Quoting TradeWell
Thanks...but it's also fun trying to figure it out. Better to spend time pippin though.
CobraForex, if you redo the template, consider making the Ichimoku indicator the very first one you put into the template. That way it will be underneath everything else....other lines will cross on top instead of being obscured. MT4 displays in order of addition to the template....first on bottom, last on top.
  • #360
  • Nov 21, 2008 12:23am Nov 21, 2008 12:23am
Quoting cobraforex
Found the solution, will give you a PM.

Guys we will show up tomorrow with a new template, don't waste time to get it done, better watch out for some pips.
Cobra, I notice the current candle is blank thru the action period, and only prints when the next timeframe starts. If this is typical and unavoidable with the candle indicator, would it not be better to use standard candles?
26 traders viewing now