THV system, final edition

Is the latest version of this system in the first post? Thanks.

Yes.

hi, How many pips a day aprox. do with this system?. Thanks.

I guess that would depend on your trading capabilities - how long you can stay in a trade. Also the amount of hours you trade. If you read through the thread you'll see many, including Cobra, talking about 40+ pips per day.

There are many factors involved. Why don't you use the simulator program that was included in V2 and trade as many days as you can to see what you're capable of achieving per day, average.

Cashmeer

You can provide a group of people with the same rules and not all will produce identical results. Even if all trade at the same time and pair, the results will not always be identical, there will be those who makes PIPs and those who lose PIPs.

Hi, thv sonic_slope repaint?. Thanks.

Greetings all,
I have been sporadically reading from this thread but haven't made it through the all of the 1600+ posts yet. I use NinjaTrader, not MT4 because Ninja is supported by my broker and not MT4.

I have started converting some of the indicators used in this forum to Ninjatrader but have run into some difficulty on the "cloud" and the T3 TRIX.

One problem is that I have an IchiCloud indicator but have had to add a displacement to force it to be close to what I am seeing on some of the charts posted here.

Second problem is I don't know what the T3 TRIX is about. I have a TRIX indicator that came with Ninja, but don't think its the same. I found MQ4 source for some kind of TRIX earlier in this thread but it wasn't easy to understand so stopped looking at the code, since I wasn't even sure if it was the right one.

Also, I installed MQ4 to try to compare some indicators against my converted ones, but I'm not able to compile and run any MQ4 files; for some reason with my installed MT, all the ex4 files come out as 0 bytes. I have build 219, don't know how to get 220, since I don't use a MT broker, and don't even know if the build version is some problem or not (don't think so).

Can someone, (maybe cobraforex?) either explain or send the MQ4 source for the IchiCloud and T3 TRIX (and maybe the others if possible) so I can resolve them with Ninja? The site wouldn't let me PM cobra directly.

I attached/uploaded a chart that covers the same period as a chart example with GBP/USD from page 1 of the forum. Mine is pretty close, the price differences must be broker related. The concern is with matching the THV indicators, which seem to be close.

The version I have currently coded is based on earlier times of this thread which, as I have gathered so far, is a little different from what is currently used with V2. Also, I have some other things on my chart that aren't native to the THV system here so please ignore them unless you have questions on them. The main parts of the THV are in the chart though: T3 (blue), Hull (orange), IchiCloud, and the SMA (purple). I think the SMA is now called the coral, but mine is not as advanced so doesn't change color (yet).

Thanks in advance, any help on this is greatly appreciated.

Yes, it only confirms a trend direction and don't affect our trading decision, please read the manual, thanks.

do you think this sistem could offer good results in dayli TF?

I suggest to open a demo account with a MT4 broker like ODL and use it only for charts (you need the MT4 V220 version to run V2), the trades you take on the brokers platform like Ninja trader.
That's the way I do it.

Any other question please give me a PM.

Hallo PipSKweak!

As pointed out before you will need the latest built of the MT4 platform. Maybe you can update yours as you restat it or otherwise get some demo account from IBFX and set it all up there. Then the MQ4's should compile to ex4's larger than 0 byte and all shall be well.

The Ichimuko Kinko Hyo can be altered by entering the settings used here. So I guess on Ninjatrader (it has been a while) you just need to adjust them to the standard Cloud from MT4.

Otherwise you have apparently done a great job in adopting the system on Ninjatrader. The fact that you are unable to send a PM to Dr. Cobra stems from the minimum posts you need to be able to use the PM system here on Forex Factory. There has been too much spam misuse lately!

Have a good path into 2009!!
Ciao!
Matt - Gnat

I don't trade daily but you can try it with the trading simulator that comes in the optional zip folder in the V2 version.
My question is: have you enough account equity to trade daily chart?

Hey Dr. Cobra!

I was a bit late with my answer here... but he cannot give you a PM as he needs about 10-15 posts to be set free to use that feature.

I remember you pointing out in various occassions that v220 was needed on MT4 to run your really well written V2 on the THV system. Thanks for that by the way!

Give my regards to Mrs. Cobra!
Ciao!
Matt - Gnat

Thanks for your help Gnat.

I've sent him a PM with my privat email account to get comunication with me.

Danke für die Grüsse und einen Guten Rutsch in Neue Jahr für Dich

Euch auch eine tolle Silversternacht!

And a great time on this thread in 2009!!

Ciao!
Matt (Normally Hamburg - now Sylt, where I was born and raised)

Not sure, the I read the post and SL are not too defined (or I din´t found how to get them.

We'll do our best, heavy party time here in the tropics. I love Sylt, the most exclusive part of northern Germany.

Danke auch für den vouch

We exercise daily high - lows up to 500 pips in E/U at this particular time, if you trade daily chart you need to count with really high SL's.
Why do you start with that time frame?
Try 15M searching a good entry at 5m but it's your trade and money.

I have it all up and running, just 2 more questions. I dont have the rules on my charts, all indys are loaded ok and is the 1 or 5 minute chart preferred by Cobra? Thanks Alot!

this is a multi-timeframe system, you can use it with any timeframe, as long as you set your risk and stoploss accordingly

cobra said quite a few times that he trades mostly on 1min and 5min charts

1 min charts requires some serious skills, otherwise you can get burned real bad (from personal experience haha)

now what I'm doing mostly is look for setups on 5min, e fine tune the entry on 1min, lockin in profits early, close half position, move stops to BE and let it run...