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THV system, final edition

  • #1,601
  • Dec 23, 2008 12:13pm Dec 23, 2008 12:13pm
Quoting cobraforex
Customize the toolbar, to draw boxes without filling uncheck "Draw object as Background"
Gee, thanks Cobra! Neat! (The simple eludes me!)
  • #1,602
  • Dec 23, 2008 12:19pm Dec 23, 2008 12:19pm
Quoting cashmeer
Thanks again y'all. I know the formulas are freely available on the net. What I was trying to understand was how close the FIB tool in MT4 is to the Fib Pivot Indicator when one drages from previous days high to low. It almost always ends up with 38.2 at the FPV, but the others are slightly different.

I noticed the accuracy of the FPVs when I was simulator trading. October 27th is an excellent example...
Fibs use other calculations, 50% is (high+low)/2
  • #1,603
  • Edited 12:31pm Dec 23, 2008 12:21pm | Edited 12:31pm
Quoting foe4real
For One 2 Enta Trade So Hav 2 Watit For Coral To Be Behind T3 And Cloud AND CHANGE 2 YELLOW COLOUR.
NB
THE RESET U MENTION IN THE YELLOW COLOUR?
THANKS IN ANTISPATION
Please would you take your time and write well, not SMS message, than I might be able to answer your question, thanks.
  • #1,604
  • Dec 23, 2008 12:30pm Dec 23, 2008 12:30pm
Quoting cobraforex
to draw boxes without filling uncheck "Draw object as Background"
Thanks so much, another MT4 mystery solved
  • #1,605
  • Dec 23, 2008 1:03pm Dec 23, 2008 1:03pm
As this EJ hour chart shows, as time progresses the bearish divergence becomes more noticeable. If I were hypothesizing I'd say a 200 pip run down to the 124.75 area will be the next big move......even a 300 pip move down to the 123.75 area......
Attached Image (click to enlarge)
Click to Enlarge Name: ej 1 hour #2 on 12-23-2008.gif Size: 27 KB
  • #1,606
  • Dec 23, 2008 1:26pm Dec 23, 2008 1:26pm
Hi All,

Does anyone have a lot of experience with the Sonic Slope indicator? I know that it is part of THV V2, but I don't see it on many of the chart examples. Has anyone had a problem with it re-painting?

I would like to use it to keep me in a trade such as the one in the image (two yellow lines). You can see that I had three red candles in the middle of the run, but the Sonic Slope stayed green.... or did it???

This is a back test so I don't know what was happening in real time. I am trying to filter out an early exit by having an indicator (Slope) keep me in the trade. But if it repaints, it’s useless for that.

Any help appreciated.

Thanks
Attached Image (click to enlarge)
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Without vision, the people will perish.
  • #1,607
  • Dec 23, 2008 1:46pm Dec 23, 2008 1:46pm
I have been watching EJ on a 1 minute chart, noting the relationship between volume/tick count and price. What I have seen is....

At the beginning of each TF, just a few tick counts moves the PA up several pips. Then, while the PA is at the top, 3 to 5 times the volume comes in. Then this is repeated, minute after minute.

The conclusion I draw is that the trading desk(s) responsible for this are pumping it up on light volume and then shorting heavily at the top, minute by minute. This has been going on for a very long time!

Is there any other explanation than, based on buy low, sell high, the manipulating trade desk(s) are pumping light then shorting heavily....over and over and over and over......while, all the while, they keep the PA from dropping?
  • #1,608
  • Dec 23, 2008 1:52pm Dec 23, 2008 1:52pm
Quoting traderathome
I have been watching EJ on a 1 minute chart, noting the relationship between volume/tick count and price. What I have seen is....

At the beginning of each TF, just a few tick counts moves the PA up several pips. Then, while the PA is at the top, 3 to 5 times the volume comes in. Then this is repeated, minute after minute.

The conclusion I draw is that the trading desk(s) responsible for this are pumping it up on light volume and then shorting heavily at the top, minute by minute. This has been going on for a very long time!

Is there any other...
I always wondered about that. Do you have a good volume indicator to share? I would like to test this, too.

thanks
Without vision, the people will perish.
  • #1,609
  • Dec 23, 2008 2:02pm Dec 23, 2008 2:02pm
Quoting bythepound
I always wondered about that. Do you have a good volume indicator to share? I would like to test this, too.

thanks
You can see this with MT4 standard volume indicator and placing curson on current candle......when a new candle starts, look at the "volume" count rise as the price rises. If the talked about situtation is happening on that 1 minute candle, you will see the price jump a few pips on light volume, and then you will see the volume count continue to rise 2x, 3x, 4x, 5x that original count, while the price further rises little or not at all. And even if it does rise more, the additional rise and volume involved, compared to the first pop on light volume, will still tell the story that "a lot of addditional volume did not move it that much more, compared to the first pop on light volume."
  • #1,610
  • Dec 23, 2008 3:15pm Dec 23, 2008 3:15pm
Quoting traderathome
"a lot of addditional volume did not move it that much more, compared to the first pop on light volume."
Given that "volume" applies to both sides of the picture (long-short), you can have double the volume and no move at all if buyers and sellers are of equal weight at a certain point in time...
  • #1,611
  • Dec 23, 2008 5:48pm Dec 23, 2008 5:48pm
Quoting traderathome
As this EJ hour chart shows, as time progresses the bearish divergence becomes more noticeable. If I were hypothesizing I'd say a 200 pip run down to the 124.75 area will be the next big move......even a 300 pip move down to the 123.75 area......
PA made it to 126.96 where, finally, the air was allowed to escape from the pumped up pair.

The bearish divergence is clear, now that the trix has completed another cross down.......

No question in my mind now, that 124.92 is a target.....a nice 200+ pips below....just imho. (I could be wrong.)
Attached Image (click to enlarge)
Click to Enlarge Name: ej 1 hour #3 on 12-23-2008.gif Size: 28 KB
  • #1,612
  • Dec 23, 2008 6:37pm Dec 23, 2008 6:37pm
This 4hr chart shows EU as a candidate for a run down. First level of support to break is 1.3900, then 1.3825.....a nice 75 pip drop short trade, which I would look for entry on lower TF charts.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 4 hr #1 on 12-31-2008.gif Size: 25 KB
  • #1,613
  • Dec 23, 2008 7:13pm Dec 23, 2008 7:13pm
took a [email protected]
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  • #1,614
  • Dec 23, 2008 7:40pm Dec 23, 2008 7:40pm
got my 50 p waiting to short again
  • #1,615
  • Dec 23, 2008 8:00pm Dec 23, 2008 8:00pm
short again just under dp @126.35
my connection slow as hell the last 2 days
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  • #1,616
  • Dec 23, 2008 10:13pm Dec 23, 2008 10:13pm
Ok done for today
Merry Christmas from Thailand
to Cobra &Team
and all in this thread
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  • #1,617
  • Dec 23, 2008 10:58pm Dec 23, 2008 10:58pm
Quoting nuancom
got my 50 p waiting to short again
You are doing great!
  • #1,618
  • Dec 23, 2008 11:13pm Dec 23, 2008 11:13pm
EJ 30 minutes chart......imho a breakdown thru the coral line could be significant
Attached Image (click to enlarge)
Click to Enlarge Name: ej 30 min #1 on 12-24-2008.gif Size: 28 KB
  • #1,619
  • Dec 24, 2008 2:45am Dec 24, 2008 2:45am
Quoting nuancom
short again just under dp @126.35
my connection slow as hell the last 2 days
may i have only this indi from the system thanx
  • #1,620
  • Dec 24, 2008 1:26pm Dec 24, 2008 1:26pm
Quoting avi
may i have only this indi from the system thanx
Yezz
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