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THV system, final edition

  • #621
  • Nov 25, 2008 3:35pm Nov 25, 2008 3:35pm
Cobra, i think it was the day of yor 5min ma system, which worked just perfectly to give the fastest and easiest 150 pips i've seen in a long time.
Too bad it happened just after the GDP data from the US and i dont trade right after news so i missed that move, it ruined my day
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  • #622
  • Nov 25, 2008 3:45pm Nov 25, 2008 3:45pm
Did you take any counter trend after that huge movement that had to correct? looking now at the graph it seems like a good short after the RSI went down from overbought, what do you think? i looked today at the COG and it moves with the price so looking backwards it would always look like the price touched the upper part of the line and went down but the COG lines kept moving up and up so for now i dont use it.
  • #623
  • Nov 25, 2008 3:47pm Nov 25, 2008 3:47pm
Quoting HUnter123
Cobra, i think it was the day of yor 5min ma system, which worked just perfectly to give the fastest and easiest 150 pips i've seen in a long time.
Too bad it happened just after the GDP data from the US and i dont trade right after news so i missed that move, it ruined my day
Oh, I see that you work with my 60LWMA system, shown in my web, a good addition to the THV system.

Don't worry, there will be more good trades in the near future.
  • #624
  • Nov 25, 2008 3:51pm Nov 25, 2008 3:51pm
Quoting doblece
A little bit off-topic but I would really appreciate an answer...
Is any of you who trade (demo or live) at FxPro having problems to open trades and with the platform itself? Graphics are extremely slow, mouse focus on the windows is also lagging, trade placing is constantly giving invalid prices and "common error" if I want to open a trade (market or limit/stop), this is maybe because of the constant change of the spread (at least every second, which could make difficult to have the exact price) but this started at about the middle of the NY...

yep, have the same problem here eg. the pries for eur/jp droppent from 123.000 -> 124.xxx if a few seconds and the back... its ahfter they have changed there spreade today (very good from 0.8- 1.5 on major currencies)
And generally all things hangs when you try to make something on charst..
Hope they fill fix soon...
  • #625
  • Nov 25, 2008 3:53pm Nov 25, 2008 3:53pm
Quoting HUnter123
Did you take any counter trend after that huge movement that had to correct? looking now at the graph it seems like a good short after the RSI went down from overbought, what do you think? i looked today at the COG and it moves with the price so looking backwards it would always look like the price touched the upper part of the line and went down but the COG lines kept moving up and up so for now i dont use it.
Yes, on that system you could have taken the trade with a good risk appetite and tight SL, THV doesn't allow counter trend trades.

I might open another thread one day on that system, the reason why I took the COG out of the THV is that the HA candles dont show the shadows and that is important for COG trading.
  • #626
  • Nov 25, 2008 5:14pm Nov 25, 2008 5:14pm
  •  Denver
  • | Joined Nov 2008 | Status: Commit, then figure it out | 9 Posts
Been lurking around for a few days now like many others...

Felt obligated to say thanks for everything.

I plan to go live on Monday after this US holiday week and will keep you posted with results.

All the best,

D
  • #627
  • Nov 25, 2008 6:22pm Nov 25, 2008 6:22pm
as I said on eurusd thread... I gave up on scalping... but I'll keep an eye here just in case...
  • #628
  • Edited 7:55pm Nov 25, 2008 7:35pm | Edited 7:55pm
Quoting emda
as I said on eurusd thread... I gave up on scalping... but I'll keep an eye here just in case...
I think scalping in relation to the THV system isn’t exactly the right word. Scalp trades usually don’t take more than seconds or minutes. The THV tells us when to enter and exit and that isn’t time related.

THV is also a MTF system for higher TF’s but I usually trade it on 1M to 15M

An entry on 1M can give you a good day trade position in case that you switch to 5M, set your SL in profit and let it run in a good, strong trend like happened today.

Just download it and have a view on how THV performs and if you think it fits your trading style you might use it as an additional signal confirmation to your actual system.

Here a screenshot on 1H TF:
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  • #629
  • Nov 25, 2008 11:56pm Nov 25, 2008 11:56pm
Quoting cobraforex
I think scalping in relation to the THV system isn’t exactly the right word. Scalp trades usually don’t take more than seconds or minutes. The THV tells us when to enter and exit and that isn’t time related.

THV is also a MTF system for higher TF’s but I usually trade it on 1M to 15M

An entry on 1M can give you a good day trade position in case that you switch to 5M, set your SL in profit and let it run in a good, strong trend like happened today.

[color=black]Just download...
I liked your 1 hour chart. Ok, I'm in.....and I raise you. Here is my Daily chart.
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  • #630
  • Nov 26, 2008 12:20am Nov 26, 2008 12:20am
Quoting traderathome
I liked your 1 hour chart. Ok, I'm in.....and I raise you. Here is my Daily chart.
Hmmmmm, Daily ?
Attached Image
  • #631
  • Nov 26, 2008 12:26am Nov 26, 2008 12:26am
Quoting cobraforex
Hmmmmm, Daily ?
Well, it seemed like a good idea at the time..........
  • #632
  • Nov 26, 2008 12:32am Nov 26, 2008 12:32am
Quoting traderathome
Well, it seemed like a good idea at the time..........
Could be, don't remember when I traded lately a daily chart.
How about the release of the 5 step pivot?
You got it ready?
  • #633
  • Edited 1:43am Nov 26, 2008 12:52am | Edited 1:43am
Quoting cobraforex
Could be, don't remember when I traded lately a daily chart.
How about the release of the 5 step pivot?
You got it ready?
Yes, the next upgrade with full options on all five pivot levels (for Fib, not Day) seems ready to go. I am not experiencing "move object" error lines in the experts log. I am waiting for input from users to confirm that last version is working for them. We need an expert coder to look into something with this indicator. When each new session starts, right from the beginning the indicator has the pivot levels, and even though it will put the labels/values on all the chart TFs, it WILL NOT put the lines on the TFs until ONE FULL TIMEFRAME is complete. This means you have to wait 5 minutes before the lines appear on the 5 minute chart, 15 minutes for the 15 TF chart, 30 minutes for the 30 TF chart, etc. Since the values are already available, you'd think there would be no reason not to immediately draw the lines on all the charts! I am sure this is a simple fix, but for a good coder that can understand the core coding......which I do not at this time.

By the way, I notice your Hull line on the 1 hr. chart is different from mine...at the rollover on top, yours shows small section yellow, a bit more section red, then another small of yellow. Mine shows all yellow for a total length slightly less than your three sections. I am using the Period 55, Slope 2, which is consistent in all the Hull indicators from you so far. What settings did you change to on your 1 hr. chart? Do you use different settings on different TF charts? What setting(s) do you use?

Edit: Period 45, Slope 0.25 ??

.......and I have written a CandleClock indicator....shows hours, minutes, seconds. Color and Font window selectable. So is the ability to move it around on the chart....which includes a "default" setting. This actually enables two locations to be stored.....the default, and another of the user's choice, which can be changed at will. This works on all TFs up to, and including, the Daily chart.
  • #634
  • Nov 26, 2008 1:27am Nov 26, 2008 1:27am
Cobra,

I was just wondering how do you trade the 1 min TF using the THV, I was just watching the PA on that TF and I found that using the TRIX is probably the best signal because on the 1 min TF you can't really wait for the aqua to cross the hull. Opinions?
  • #635
  • Nov 26, 2008 1:41am Nov 26, 2008 1:41am
Quoting traderathome
By the way, I notice your Hull line on the 1 hr. chart is different from mine...at the rollover on top, yours shows small section yellow, a bit more section red, then another small of yellow. Mine shows all yellow for a total length slightly less than your three sections. I am using the Period 55, Slope 2, which is consistent in all the Hull indicators from you so far. What settings did you change to on your 1 hr. chart? Do you use different settings on different TF charts? What setting(s) do you use?

Edit: Period 45, Slope 0.25 ??
Hull should be set at 55 - 2.0 for 6 digit brokers (FxPro) and 55 - 0.2 for 5 digit platforms. Unless it has changed since the beginning.
  • #636
  • Nov 26, 2008 1:44am Nov 26, 2008 1:44am
Quoting mannai70
Cobra,

I was just wondering how do you trade the 1 min TF using the THV, I was just watching the PA on that TF and I found that using the TRIX is probably the best signal because on the 1 min TF you can't really wait for the aqua to cross the hull. Opinions?
I agree, this is what I saw yesterday when testing the best entries/exits based on M1 TF. For very short term trades, it seems to be more accurate. Though I would still couple it with the OsMA which isn't anymore in the setup. And preferably only open trades in the main trend direction.
  • #637
  • Nov 26, 2008 1:48am Nov 26, 2008 1:48am
Quoting freemenn
yep, have the same problem here eg. the pries for eur/jp droppent from 123.000 -> 124.xxx if a few seconds and the back... its ahfter they have changed there spreade today (very good from 0.8- 1.5 on major currencies)
And generally all things hangs when you try to make something on charst..
Hope they fill fix soon...
Thanks for answering, I have sent an email to support signaling this to their attention.
  • #638
  • Nov 26, 2008 1:48am Nov 26, 2008 1:48am
Thanks
  • #639
  • Nov 26, 2008 2:07am Nov 26, 2008 2:07am
About 22 hours ago I believed this would be pumped back up in preparation for a dive. The BBs are beginning to pinch again, so we are approaching a time of possibly another good move, one way or the other......
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  • #640
  • Nov 26, 2008 3:47am Nov 26, 2008 3:47am
Quoting traderathome
I liked your 1 hour chart. Ok, I'm in.....and I raise you. Here is my Daily chart.
hi,
what is the TRIX indicator you are using (value 4,4) i cannot find them here around.

thanks a lot
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