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THV system, final edition

  • #381
  • Nov 21, 2008 1:23pm Nov 21, 2008 1:23pm
Quoting TradeWell
One more comment for you Jack. I use MT4's ability to send an email based on certain conditions. I set a price, for instance, that is near S&R or fib, then it sends an email, to my cell phone, and wakes me up to check. I did that this morning, and was woken up twice (how rude!). But it was worth it to get in on some trading. I could have it just trigger an alarm on my computer, but my computer is too far from my bedroom to hear. I am on West coast U.S., so I am not typically awake for London session. This notification method is helping me get...
humm..that's interesting, I didn't even know there was such thing in MT4!

I live in a GMT -3 timezone, so if I wanted to trade the london session right from the begining I'd have to be fully awake around 4:00 AM

thanks for the tip, very useful indeed.
  • #382
  • Nov 21, 2008 2:30pm Nov 21, 2008 2:30pm
Quoting traderathome
ANY use of a "filled" cloud will obscure the active price line!
The price line is not part of the THV system and will not be in the future.

I recommend having instead an additional candlestick or price line chart open.
  • #383
  • Nov 21, 2008 2:39pm Nov 21, 2008 2:39pm
Quoting Jack Herer
thanks for the tip, very useful indeed.
Amplifying the tip:

Go to Menu > Tools > Options > Email tab, check "enable" and fill out the form with your outgoing SMTP mail service data, and your cell phone mail account to receive the messages.

Then, go to the Terminal window, Alerts tab, and create an alert with the preferred price/time. Set "Action" to "Mail". Test the feature to be sure everything is ok, you should have an immediate response of success in the Journal tab, or any error message.

And that's it! Some cell phone mail servers are slower than others, but the notification comes almost immediately.
  • #384
  • Nov 21, 2008 2:48pm Nov 21, 2008 2:48pm
thanks Cobraforex for sharing this system. this surely will get me an earlier entry for my trades ...

p/s: tested on EJ .. looking good ...
  • #385
  • Nov 21, 2008 3:06pm Nov 21, 2008 3:06pm
Quoting doblece
Amplifying the tip:

Go to Menu > Tools > Options > Email tab, check "enable" and fill out the form with your outgoing SMTP mail service data, and your cell phone mail account to receive the messages.

Then, go to the Terminal window, Alerts tab, and create an alert with the preferred price/time. Set "Action" to "Mail". Test the feature to be sure everything is ok, you should have an immediate response of success in the Journal tab, or any error message.

And that's it! Some cell phone mail servers are slower than others, but the notification...
Thanks for explaining that in detail, as I probably should have done. Also, when I was traveling in Europe I noticed that you have to pay to send text messages there, whereas they are free to send in the U.S. So depending which country you are in, it may not be as simple as sending an email. Have a great weekend!
  • #386
  • Nov 21, 2008 3:32pm Nov 21, 2008 3:32pm
Quoting cfp85
thanks Cobraforex for sharing this system. this surely will get me an earlier entry for my trades ...

p/s: tested on EJ .. looking good ...
The E/Y looks highly profitable on THV, it is very fast moving, I’m still observing it and may be the hull and entry point needs to be adjusted for that special currency pair.
  • #387
  • Nov 21, 2008 5:32pm Nov 21, 2008 5:32pm
i only trade on E/J ... i will still used my current method and monitor how the THV reacts ..might need some tweaking .. maybe not .. we will see .. i will update about it next week ya ..

have a nice weekend guys ..
  • #388
  • Nov 22, 2008 12:21am Nov 22, 2008 12:21am
Thank you Cobraforex and Turhovach for this thread. Great stuff.

With respect, here's how I see this with Bobokus' fib analysis. May not be relevant here, so I apologize if that is the case, but the combination looks good to me.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 81 KB
  • #389
  • Nov 22, 2008 5:05am Nov 22, 2008 5:05am
Hello,

Does anyone know where I can download the most up to date template? as cobra was saying that the new and improved template.
  • #390
  • Nov 22, 2008 5:30am Nov 22, 2008 5:30am
Cobra did say in the post about it:
Quote
With Doblece we want to see how this indicator works on Monday, taking Sunday in count or not and we will come up that day with the new template setup.
So I would imagine it will be Monday/Tuesday As he says though its purely cosmetic, the indicators work great anyway.

  • #391
  • Nov 22, 2008 7:28am Nov 22, 2008 7:28am
Quoting sundowner
Thank you Cobraforex and Turhovach for this thread. Great stuff.

With respect, here's how I see this with Bobokus' fib analysis. May not be relevant here, so I apologize if that is the case, but the combination looks good to me.

Regards
I am working with multi screens like shown in the links on the first page; your combination is a good example how to use THV on only one wide screen PC or laptop.
Fibs, TL, HL, Pivot and psych lines are very relevant for this and any other system.
  • #392
  • Nov 22, 2008 10:42am Nov 22, 2008 10:42am
Quoting cobraforex
Fibs, TL, HL, Pivot and psych lines are very relevant for this and any other system.
...as well as user experience watching PA, which only comes with time. Don't be in hurry to trade alot, those of you who are new. Think of it as college, where you spend alot of time learning, not really making money.
  • #393
  • Nov 22, 2008 11:44am Nov 22, 2008 11:44am
Quoting cobraforex
your combination is a good example how to use THV on only one wide screen PC or laptop.
Here a MT4 profile idea for a traveling device (Laptop) with THV, candlestick chart, Crude oil, Gold, WS30 and E/Y as a correlation pair.
Attached Image (click to enlarge)
Click to Enlarge Name: THV mobile.jpg Size: 146 KB
  • #394
  • Nov 22, 2008 12:16pm Nov 22, 2008 12:16pm
I wish I could have those gold etc charts on mine, but with InterbankFX I can't get them, is there another way of getting them?
  • #395
  • Edited 12:50pm Nov 22, 2008 12:38pm | Edited 12:50pm
Quoting lynnette
I wish I could have those gold etc charts on mine, but with InterbankFX I can't get them, is there another way of getting them?
You might want to open a Demo account for charts with ODL.
the bad: the account expires every 30 days.

Add: that isn't a big issue, it takes few minutes to open a new one, the problem comes when you have an indicator or EA coded only for your account and needs to be recoded every month.
  • #396
  • Nov 22, 2008 12:57pm Nov 22, 2008 12:57pm
Thanks Cobra, I think it will be worth doing.
  • #397
  • Nov 22, 2008 1:05pm Nov 22, 2008 1:05pm
Forgot to say in the last post.....went live yesterday, trading THV only and came out +61 pips for the day, so thank you for that
  • #398
  • Nov 22, 2008 5:49pm Nov 22, 2008 5:49pm
Quoting cobraforex
Here a MT4 profile idea for a traveling device (Laptop) with THV, candlestick chart, Crude oil, Gold, WS30 and E/Y as a correlation pair.
Cobra.

Can you send me a TPL for what you show on that screen?
Like to try that out the coming week.
  • #399
  • Edited 1:19am Nov 23, 2008 12:21am | Edited 1:19am
Cobraforex, in the attached chart note the OsMA and Trix axis lines terminate with current candle.....which makes for a chart that is easier on the eyes (reduce unnecessary lines). Another comment is note the Trix axis (white) floats up and down around the OsMA axis (green). A benefit in this is understanding that when the Trix axis is above the OsMA axis, the trend is biased to the upside. When the Trix axis is below the OsMA axis, the trend is biased to the downside. This is additional data to the OsMA picture and the Trix crossings, to help understand the trend. For example, if the OsMA and Trix were crossing up, but the Trix line was below the OsMA line, one could well expect less from any upside move than if the Trix line was above the OsMA line, thus adding additional confirmation of upside bias. I have modified the OsMA and Trix to display according to the picture....and available if you think there is merit.

Edit: Added EU chart. Note the Trix axis is floating below the OsMA axis = bias to downside.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej 30 minute #3 on 11-21-2008.gif Size: 34 KB
Click to Enlarge Name: eu 30 minute #3 on 11-21-2008.gif Size: 37 KB
  • #400
  • Nov 23, 2008 2:27am Nov 23, 2008 2:27am
Hi Traderathome -- Just out of curiosity - what parameters are you using for your Ichimoku study? That cloud doesn't look anything at all like what mine does (on either my charting program, or MT4) using the same time period. TIA
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