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THV system, final edition

  • #2,101
  • Jan 10, 2009 8:38am Jan 10, 2009 8:38am
Quoting doblece
Here I answered using your same chart
Hm )))) thanks, nice......well ))) when Trix below 0 this also signal and we also look at RSI......ok ok )
Thanks
  • #2,102
  • Jan 10, 2009 12:30pm Jan 10, 2009 12:30pm
Quoting fxairy
Hm )))) thanks, nice......well ))) when Trix below 0 this also signal and we also look at RSI......ok ok )
Thanks
The trix is the heart of the system and part of the requirements to take a trade like it's shown in the manual.

Watch out for divergence on the Trix as well

Here an example on an older THV V1 chart
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  • #2,103
  • Jan 10, 2009 1:29pm Jan 10, 2009 1:29pm
Quoting cobraforex
The trix is the heart of the system ..
Even though I knew this before, I was watching PA much more than Trix. I now am spending more time watching the Trix than the candles. It is sometimes very amazing how, the moment the Trix comes into the rules, PA starts to move in that direction, almost immediately.

Divergence is not always 100% accurate, but provides a good alert to be watchful for a change which may require TP, moving a stop-loss, or not entering a trade.
  • #2,104
  • Jan 10, 2009 1:39pm Jan 10, 2009 1:39pm
I want to thank all the contributors in this thread, especially the THV coreteam (Cobraforex, doblece,tradewell,traderathome, sorry if i missed any body). I have learned quite a few things in this thread and still learning many things.

A very big thank you for all the guys & gals on this thread. I going to spend some time this weekend in the simulator using only the coral alerts on 30 MTF and see how it goes.

Thanks again to all.
  • #2,105
  • Jan 10, 2009 3:25pm Jan 10, 2009 3:25pm
Hey Cobra,
nice system, btw how was your trading week, I saw you earned some nice profit, I was just reading another thread about how much it is possible to make in Forex and guys are telling that 20% per year is excellent result, so looks like you should be done for this year?
  • #2,106
  • Edited 3:36pm Jan 10, 2009 3:26pm | Edited 3:36pm
Quoting TradeWell
Even though I knew this before, I was watching PA much more than Trix. I now am spending more time watching the Trix than the candles. It is sometimes very amazing how, the moment the Trix comes into the rules, PA starts to move in that direction, almost immediately.

Divergence is not always 100% accurate, but provides a good alert to be watchful for a change which may require TP, moving a stop-loss, or not entering a trade.
It's me again If you can, plz describe, how working the TRIX, and how take signals with help by TRIX. I know how trade by Coral, Hull, Heiken Ashi, T3, but something don't understand what to do with TRIX

Many many thanks, Help me to understand
  • #2,107
  • Jan 10, 2009 7:32pm Jan 10, 2009 7:32pm
Quoting fxairy
It's me again If you can, plz describe, how working the TRIX, and how take signals with help by TRIX. I know how trade by Coral, Hull, Heiken Ashi, T3, but something don't understand what to do with TRIX

Many many thanks, Help me to understand
Trix should have crossed zero line (both green and red - fast and slow) and also be in the same direction of the PA.

Then there is divergence, as Cobra pointed out above.
  • #2,108
  • Jan 11, 2009 12:30am Jan 11, 2009 12:30am
Just wanted to say a quick "thank you" to Cobra and all you other gentlemen who have worked to develop this trading method.

I just started studying it, but I can see right now you have overcome some major hurdles here, and it's obvious you have a system with a winning edge.

Congratulations!

I'm eager to learn use this method to the fullest.

And thanks again, Cashmeer for bringing it to my attention.
  • #2,109
  • Jan 11, 2009 10:25am Jan 11, 2009 10:25am
Quoting Torpedofx
Hey Cobra,
nice system, btw how was your trading week, I saw you earned some nice profit, I was just reading another thread about how much it is possible to make in Forex and guys are telling that 20% per year is excellent result, so looks like you should be done for this year?
20% is my monthly average, I can't say that I'm done for the month, there are loosing times that need to be covered by winning trades.

Anyhow the year starts pretty good.
  • #2,110
  • Jan 11, 2009 7:23pm Jan 11, 2009 7:23pm
Hi Guys,

My first post on Forex Factory.

First of all, THV is one of the most comprehensive and detailed system I have seen. Thanks for sharing and great efforts on you guys.

I have been catching up on all the posts here and has done some demo trades on the 1H TF with 5M TF for better price entry. So far, seems to work with these 2 combination.

It is very effective system in eliminating false signals. Once everything lines up, it seems market will go in the correct direction almost all the time.

My trading style is on the 1H TF and taking trades at the 5M TF for better price entry. Will be testing this live going forward.

Will try my best to post my live trades here for analysis.

One thing I am still working out is whether I should use the 288 SMA on D1 for trend determination instead of the 288 SMA on H4.

THV is effective in indentifying market movements with the trend as well as retracements and thus makes it difficult to decide which TF to put 288 SMA on. Hope you understand what I mean.

Any suggestions?

Cheers,
CaveMan
  • #2,111
  • Jan 11, 2009 9:58pm Jan 11, 2009 9:58pm
Thanks for the kind words caveman

I use the "Bemac 288SMA" only in 4H.

In the analysis chart I have a 60LWMA on all TF's that get mostly respected.

Just try it and let us know how you think about it.


Quoting caveman
Hi Guys,

My first post on Forex Factory.

First of all, THV is one of the most comprehensive and detailed system I have seen. Thanks for sharing and great efforts on you guys.

I have been catching up on all the posts here and has done some demo trades on the 1H TF with 5M TF for better price entry. So far, seems to work with these 2 combination.

It is very effective system in eliminating false signals. Once everything lines up, it seems market will go in the correct direction almost all the time.

My trading style is on the 1H TF and taking...
  • #2,112
  • Jan 11, 2009 10:34pm Jan 11, 2009 10:34pm
back after a little vacation.
sofar 3small trades today+20+22+15
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  • #2,113
  • Jan 11, 2009 10:45pm Jan 11, 2009 10:45pm
Quoting nuancom
back after a little vacation.
sofar 3small trades today+20+22+15
Good to have you back

Hope you had a nice vacation.

I like your charts with the TL's.

Thats the way to trade
  • #2,114
  • Jan 11, 2009 10:52pm Jan 11, 2009 10:52pm
yes,very nice island resort but i hade to promise wife i dont bring laptop
  • #2,115
  • Jan 11, 2009 10:59pm Jan 11, 2009 10:59pm
Quoting nuancom
yes,very nice island resort but i hade to promise wife i dont bring laptop
During vacations Mrs. Cobra comes up with that idea sometimes but till now I had the luck to convince her that it is absolutely neccesary to have a laptop in the baggage.
  • #2,116
  • Jan 11, 2009 11:07pm Jan 11, 2009 11:07pm
Thanks Cobra.

I currently use 34EMA on all TFs too. Will test out 60LWMA.


Quoting cobraforex
Thanks for the kind words caveman

I use the "Bemac 288SMA" only in 4H.

In the analysis chart I have a 60LWMA on all TF's that get mostly respected.

Just try it and let us know how you think about it.
  • #2,117
  • Jan 11, 2009 11:20pm Jan 11, 2009 11:20pm
if it dont break 13370 i see a possiple retrace to dayly pivot or more
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  • #2,118
  • Jan 12, 2009 2:42am Jan 12, 2009 2:42am
my sell @3370 got triggered
and my target @S2 3330 hit +40
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  • #2,119
  • Jan 12, 2009 4:01am Jan 12, 2009 4:01am
Hi Cobra,

Thanks for this system. I am trying it with my demo account and it is working on the M1 chart (I like M1 too)

One question though - On the 1st page, I found the THV V2 files and then you said there were some issues with the MT4 version and you have posted the earlier version.

I have installed both. Which one is the full and final version (till date)?

I like THV V2 better to look at, looks clean

Please advise,

Thanks again for the system!
  • #2,120
  • Jan 12, 2009 5:04am Jan 12, 2009 5:04am
Here is a trade I just made....only after I entered did I realise that I was almost at 1.3400 but I held my breath during the tiny retracement.

As shown, I was not waiting for it to hit S1, although it came close, because I noticed divergence in the chart.

It was quite funny....I started scrambling for the print out that cobra sent us....
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