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Attachments: THV system, final edition
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THV system, final edition

  • #1,481
  • Dec 19, 2008 2:37pm Dec 19, 2008 2:37pm
is that bullish divergence?

traderathome, what do think we will see sunday/monday for those holding over the weekend?
  • #1,482
  • Dec 19, 2008 2:41pm Dec 19, 2008 2:41pm
Quoting maneddi
is that bullish divergence?

traderathome, what do think we will see sunday/monday for those holding over the weekend?
http://www.forexfactory.com/attachme...5&d=1228757312

Matchs #1 = bullish
Attached Image (click to enlarge)
Click to Enlarge Name: eu 15 min #1 on 12-19-2008.gif Size: 33 KB
  • #1,483
  • Dec 19, 2008 2:43pm Dec 19, 2008 2:43pm
thank you but i have that. the trend lines you drew were not exactly like those. i believe, without looking, that one of yours was drawn along the bottom while the example was drawn along the top.
  • #1,484
  • Dec 19, 2008 2:46pm Dec 19, 2008 2:46pm
Quoting maneddi
thank you but i have that. the trend lines you drew were not exactly like those. i believe, without looking, that one of yours was drawn along the bottom while the example was drawn along the top.
See revised chart posted in my last reply....I edited to include revised chart.
  • #1,485
  • Dec 19, 2008 2:50pm Dec 19, 2008 2:50pm
Tradeathome
Please can you share with us trix tekst indicator on lower right side.
Thank you
  • #1,486
  • Dec 19, 2008 2:54pm Dec 19, 2008 2:54pm
Quoting maneddi
is that bullish divergence?

traderathome, what do think we will see sunday/monday for those holding over the weekend?
Good volume before they dumped it, but not yet at the bottom....no predictions. If lots of volume down here, would speculate upside.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 30 min #1 on 12-19-2008.gif Size: 29 KB
  • #1,487
  • Dec 19, 2008 2:56pm Dec 19, 2008 2:56pm
Quoting traderathome
Good volume before they dumped it, but not yet at the bottom....no predictions. If lots of volume down here, would speculate upside.
...but some nice upside for my scalp into the close....
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5 min #6 on 12-19-2008.gif Size: 29 KB
  • #1,488
  • Dec 19, 2008 2:58pm Dec 19, 2008 2:58pm
Quoting traderathome
...but some nice upside for my scalp into the close....
Edit: ....for 30 pips on original entry, even more on two more entries made during the pullbacks.......just Demo.
  • #1,489
  • Dec 19, 2008 4:44pm Dec 19, 2008 4:44pm
Hello All:

Wanted to point out two interesting things I noticed numerous times when simulator trading:

A.) When there is analyze sell or buy, due to the positioning of the red trix above or below zero, and when the THV setup is apparent or drawing close, it is usually the green cross of the red trix that indicates the move confirmation.

B.) Hidden divergence rocks !

Attached Image (click to enlarge)
Click to Enlarge Name: trix and trix divergence.gif Size: 41 KB



PS: Disregard the 30 Pip loss at the bottom of the chart...trying to trade in fast forward is useless, I decided to stop after I realised my finger is not faster than price in super speed.
Deprive a man of everything and you give him nothing to lose.
  • #1,490
  • Dec 19, 2008 4:59pm Dec 19, 2008 4:59pm
Quoting LuckyLurker
[http://www.forexfactory.com/images/s...n/post_old.gif Dec 19, 2008 10:47am]I didn't take this because of the M1, but still another nice little scalp opp.
well maybe a nice biggle scalp. lol have a great weekend everyone..

And...

Cobra, your system passed all live tests this week. This is a great entry template for experienced traders in any market condition. My hat is off to you.
Attached Image (click to enlarge)
Click to Enlarge Name: scalp2.jpg Size: 249 KB
USD Est Non Mortuus
  • #1,491
  • Dec 19, 2008 8:12pm Dec 19, 2008 8:12pm
Quoting LuckyLurker
Cobra, your system passed all live tests this week. This is a great entry template for experienced traders in any market condition. My hat is off to you.
Thanks in the name of the team Lucky, those words coming from you is the best reputation for the THV V2 system.

We are looking forward to improve it and the THV team is open for any serious suggestion.

Have a great weekend.


I’m ancient to trade but they don’t let me because of this bloody vacation. Who was the one that invented holidays?
  • #1,492
  • Dec 20, 2008 4:20am Dec 20, 2008 4:20am
My first week with THV I increased my balace with 10,07%.
I only traded M1 and eurousd.

I have 2 questions to more experienced traders:

1. Would you consider this an easy week to trade? (What helped me was that the trend was rather easy to identify and I only trade with the trend and stay out if price goes in the wrong direction)

2. I have problems staying in a trade. If I do not take the profit eg 20 pips but try to stay in I find that the SL is triggered (usually30 pips). I also use trailing stop loss usually 30 pips.

I would appreciate some advice from you guys how to benefit from the THV even more.

regards Petter
  • #1,493
  • Dec 20, 2008 5:32am Dec 20, 2008 5:32am
Hi Cobra

Thank you for the set-up.

If it is possible could you or any of the development team send me the THV HA and the THV Sonic but with different width settings please?

The HA candles set to 4 and the Sonic set to 5.

I know this is a trivial request compared to mosts posts and I have tried myself to make the changes and save them so that I don't have to make the changes every time I boot up MT4 but to no avail.

Regards
Lloydy

  • #1,494
  • Dec 20, 2008 8:49am Dec 20, 2008 8:49am
Quoting petrog38
My first week with THV I increased my balace with 10,07%.
I only traded M1 and eurousd.

I have 2 questions to more experienced traders:

1. Would you consider this an easy week to trade? (What helped me was that the trend was rather easy to identify and I only trade with the trend and stay out if price goes in the wrong direction)

2. I have problems staying in a trade. If I do not take the profit eg 20 pips but try to stay in I find that the SL is triggered (usually30 pips). I also use trailing stop loss usually 30 pips.

I would appreciate...
1. Holidays aren't particularly easy, though given the fact that indeed the trend was quite clear and strong (be it a retracement on long term downtrend or a reversal) there were many opportunities to get in and succeed, but also a very risky move on thursday that occurred in a very short span of time. Low volume, high volatility, not the best conditions though.

2. If you are strictly following the exit rules and only watching M1 behaviour, you can't expect much more than 20-50 pips on a given trade.
Quote
Exit: Candle change color and / orprice passes the blue (aqua) T3 line depending on the situation

However, if you wish to stay longer and take exits on a higher timeframe (M5 or M15 for example), stops and trailings should be set accordingly as well. I personally think that a 30 pips trailing is very tight to remain for a long time on a trade, given the volatility and choppiness that this pair has been having lately. A 30 pips stop with a correct entry should allow you to reach positive pips, provided that you set it to breakeven as soon as possible so if it turns against you at least you won't lose anything, and as you are trading with the trend, maybe enter at a better price after the retracement. It will also depend on the entry, on M1 TF a late entry is more difficult to take back. It would be better to wait for a setup on a higher timeframe and then pinpoint the entry on M1, as you might be in the middle of small retracements.

Could you post a few examples of those stopped out trades (can be charts or entry points) so we can analize what went wrong with them?
  • #1,495
  • Edited 10:45am Dec 20, 2008 10:10am | Edited 10:45am
Quoting lloydy
If it is possible could you or any of the development team send me the THV HA and the THV Sonic but with different width settings please?
Regards
Lloydy

I hard coded all indicator settings to make sure that everybody that posts a trading example here in the thread has absolutely the same chart. Only like that the team is able to analyze eventual lacks in the system.

We proved those settings in back and forward tests and found them as reliable.

Re-reading your post I see that you need only the width changed, that may have the reason of bad eyes etc.
Yes, I will do that but I don't change settings of funtionallity.

Mag stands for magnified
Attached File(s)
File Type: ex4 THV Heiken Ashi Mag .ex4   3 KB | 1,001 downloads
File Type: ex4 THV Sonic_Slope Mag.ex4   2 KB | 1,094 downloads
  • #1,496
  • Dec 20, 2008 10:24am Dec 20, 2008 10:24am
dear cobra
had download it all but just could not find it in the indicators list. Im newbee, please kindly help to get it right.

Been reading this thread and all I can is may God bless you and your beloved always.

Thanks in advance for helping me.
Loving Life.............
  • #1,497
  • Dec 20, 2008 10:41am Dec 20, 2008 10:41am
Quoting aida1960
dear cobra
had download it all but just could not find it in the indicators list. Im newbee, please kindly help to get it right.

Been reading this thread and all I can is may God bless you and your beloved always.

Thanks in advance for helping me.
You need to update your MT4 to the newest V220 version, paste all indicators in the expert/indicators folder, the template in the template folder and than shut down your MT4 and open it again.

BTW: please read the manual
  • #1,498
  • Dec 20, 2008 10:44am Dec 20, 2008 10:44am
Quoting cobraforex
You need to update your MT4 to the newest V220 version, paste all indicators in the expert/indicators folder, the template in the template folder and than shut down your MT4 and open it again.

BTW: please read the manual
What a shock ! never thought you gonna reply soooooo fast Oh my ! How do I update mt mt4 to newest version V220.

Thanks so much

BTW Im reading it all at your website at the same time
Loving Life.............
  • #1,499
  • Dec 20, 2008 10:48am Dec 20, 2008 10:48am
Lloydy:

Remember also to rename the magnified files to the exact name of the previous ones so the template can identify them,

Quoting cobraforex
Re-reading your post I see that you need only the width changed, that may have the reason of bad eyes etc.
Yes, I will do that but I don't change settings of funtionallity.
  • #1,500
  • Dec 20, 2008 11:01am Dec 20, 2008 11:01am
Quoting doblece
Lloydy:

Remember also to rename the magnified files to the exact name of the previous ones so the template can identify them,
Hi CC
Lloydy made me think about setting up a special template for traders with limited visual accessibility.

That would include all important signal and price labels.

I might enter in that group one day as well, lol.

I will work on that during these days (still can't get customed to have vacations)

CC, may be you can help aida with the MT4 thingy, I have to go to the boring beach now.
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