have you tried a hull setting of 40?
what do you think about that? better? worse?
what do you think about that? better? worse?
- #2,161
- Jan 13, 2009 12:15pm Jan 13, 2009 12:15pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #2,162
- Jan 13, 2009 12:19pm Jan 13, 2009 12:19pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
- #2,163
- Jan 13, 2009 12:22pm Jan 13, 2009 12:22pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
have you tried a hull setting of 40?
what do you think about that? better? worse?
- #2,164
- Jan 13, 2009 12:30pm Jan 13, 2009 12:30pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
Like I said, what you win on one side you lose on the other side, the actual settings are absolutely the best.
- #2,165
- Jan 13, 2009 12:48pm Jan 13, 2009 12:48pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #2,166
- Edited 1:25pm Jan 13, 2009 1:08pm | Edited 1:25pm
Here you notice a divergence on the trix in the late Asian and 30M before London session that could give 60+ pips, In that case I take the trade on 1M and don't care of the coral, the divergence and 1M permission is enough reason to take it.
1 min permission would then be PA and T3 above the cloud?
wait, I need to find that on the chart...was the 1 min in the THV setup including coral or you dismissed coral on the 1 min as well?
Cobra: here is the 1 min of the 5 min divergence...can you point out where you would have entered? A or B? I want to understand where you "did not care about the coral" in the 1 min or in the 5 min?
Sorry if I am making something easy, complicated.
My trix does not go back to the beginning of the day....
Deprive a man of everything and you give him nothing to lose.
- #2,168
- Jan 13, 2009 1:20pm Jan 13, 2009 1:20pm
- Joined Jul 2008 | Status: Trader | 1,722 Posts
Hello all,
I agree with Cobra that the current v2 Coral settings are the best. They do work best with trend-trading, and when the trend is shifting over a period of time, it takes a while to get a worthy THV set-up. Consider using Support and Resistance indicator with THV and you'll garner more PIPs while waiting for the Coral.
This especially works for me because I like to be active on the computer for several hours a day. It netted me 114 PIPs today, and I really didn't have to work that hard. Today I had 7 trades with one being a 28-pip loser.
My chart is attached. Great for scalping. I usually enter 3 PIPs above the resistance and 3 below. I leave some PIPs on the table because I'm not really very good at letting a trade "run". I tend to take profit 3-5 PIPs before the next big support, resistance or psych level.
I should add that this is my own little adaptation of the THV method, just so I've got something to do all the time. I'm basically a scalper.
Trade with the trend for longer gains, and if you scalp counter-trend, reduce your expections. Take profit earlier.
Good trading to all.
I agree with Cobra that the current v2 Coral settings are the best. They do work best with trend-trading, and when the trend is shifting over a period of time, it takes a while to get a worthy THV set-up. Consider using Support and Resistance indicator with THV and you'll garner more PIPs while waiting for the Coral.
This especially works for me because I like to be active on the computer for several hours a day. It netted me 114 PIPs today, and I really didn't have to work that hard. Today I had 7 trades with one being a 28-pip loser.
My chart is attached. Great for scalping. I usually enter 3 PIPs above the resistance and 3 below. I leave some PIPs on the table because I'm not really very good at letting a trade "run". I tend to take profit 3-5 PIPs before the next big support, resistance or psych level.
I should add that this is my own little adaptation of the THV method, just so I've got something to do all the time. I'm basically a scalper.
Trade with the trend for longer gains, and if you scalp counter-trend, reduce your expections. Take profit earlier.
Good trading to all.
Up or down, gimme a ticket
- #2,169
- Jan 13, 2009 1:21pm Jan 13, 2009 1:21pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Here are some trades I took...and probably y'all took...
Attachment
Is this an abnormally good day for scalping?
I like the TL's on your chart.
Once a FF member (he is happy partner of my ignore list since than) called me an idiot because I draw TL's and fibs on a 1M chart but it's my style and I don't trade TF's higher than 15M.
As lower the TF as less accurate are the levels but they give you an idea where to push the trigger when everything comes together.
- #2,171
- Jan 13, 2009 1:44pm Jan 13, 2009 1:44pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Cobra: here is the 1 min of the 5 min divergence...can you point out where you would have entered? A or B? I want to understand where you "did not care about the coral" in the 1 min or in the 5 min?
My trix does not go back to the beginning of the day....
I took the trade at the moment of PA cross of T3, cloud, hull and MS3, the red box.
that is an exception because of the divergence
- #2,172
- Jan 13, 2009 2:08pm Jan 13, 2009 2:08pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
This old TL on 15M is still intact, once after profit taking between the Asian and London session it got a false breakout.
So every time that it got touched you can look for a good short entry on smaller TF's.
You lose only once, the moment that the trend changes.
BTW: it looks like it is almost ripe for a break if it doesn't go much lower than 3170, the U/C is forming a H&S on 5M as well.
So every time that it got touched you can look for a good short entry on smaller TF's.
You lose only once, the moment that the trend changes.
BTW: it looks like it is almost ripe for a break if it doesn't go much lower than 3170, the U/C is forming a H&S on 5M as well.
- #2,173
- Jan 13, 2009 2:19pm Jan 13, 2009 2:19pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
I think there are two versions of the indi, one which has quarter pivots, the one I have though doesn't have hem either. Try downloading again the latest set, or send a copy of the one you are using on the laptop to yourself on the desktop and replace it in the indi folder...
- #2,174
- Jan 13, 2009 2:27pm Jan 13, 2009 2:27pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
I have also done this twice. I don't understand it but it must only like mobile ATM's
- #2,175
- Jan 13, 2009 2:36pm Jan 13, 2009 2:36pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #2,176
- Jan 13, 2009 2:36pm Jan 13, 2009 2:36pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
...So every time that it got touched you can look for a good short entry on smaller TF's.....
- #2,177
- Jan 13, 2009 2:40pm Jan 13, 2009 2:40pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #2,178
- Jan 13, 2009 2:41pm Jan 13, 2009 2:41pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
- #2,179
- Jan 13, 2009 2:49pm Jan 13, 2009 2:49pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #2,180
- Jan 13, 2009 2:50pm Jan 13, 2009 2:50pm
- Joined Jul 2008 | Status: Trader | 1,722 Posts
If you let us know how your losses were made we can possibly help.
Up or down, gimme a ticket