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THV system, final edition

  • #2,561
  • Jan 19, 2009 6:20pm Jan 19, 2009 6:20pm
Quoting cobraforex
Thank you Tim, that will be a big step forward, there is no need to hurry because the system is working perfect like it is.

What I want to do is an improvement to have a better signal when to exit trades that result badly.

I will PM you with the information what I want to do.

Thanks a million (also to Freddy)
Man more and more each day you earn my respect. I see what you're trying to do, never stop improving. however, the system is great as is. We all know this, if the new indy comes around, then sweet, if not, no worries. I sure as hell appreciate all the work everyone has done on this. You guys are all great people. And cobra, thank you for everything.
USD Est Non Mortuus
  • #2,562
  • Edited 7:09pm Jan 19, 2009 6:29pm | Edited 7:09pm
Quoting LuckyLurker
Man more and more each day you earn my respect. I see what you're trying to do, never stop improving. however, the system is great as is. We all know this, if the new indy comes around, then sweet, if not, no worries. I sure as hell appreciate all the work everyone has done on this. You guys are all great people. And cobra, thank you for everything.
Wait till V2.1 comes out, that is really great, I'm trading it since New Year with incredible results that I can't even post here because no one will believe it (Bemac called me Grail Holy already, lol)

My problem is that I can't explain it well without the mentioned indicator but with the help of Tim we'll get it

I could easily contract a coder and spend some bucks to get it done but that is against my idea of this thread; doing things in teamwork.

BTW: in the new version we will replace the sonic slope with a trend indicator, the yellow part is indecision è flat, red and green indicates strong trends.(works like a charm and repaints only the actual candle)
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  • #2,563
  • Jan 19, 2009 7:00pm Jan 19, 2009 7:00pm
At this time I just want to add my thanks for your selfless dedication to this thread, Cobra.

Glad to see hiachiever kindly offering his assistance.

Kind of reaffirms my faith in humanity on some very basic level.

regards to all.
  • #2,564
  • Jan 19, 2009 7:44pm Jan 19, 2009 7:44pm
Thank's for someone who PM me.GBU
  • #2,565
  • Jan 19, 2009 9:51pm Jan 19, 2009 9:51pm
Quoting cobraforex
Wait till V2.1 comes out, that is really great, I'm trading it since New Year with incredible results that I can't even post here because no one will believe it (Bemac called me Grail Holy already, lol)

My problem is that I can't explain it well without the mentioned indicator but with the help of Tim we'll get it

I could easily contract a coder and spend some bucks to get it done but that is against my idea of this thread; doing things in teamwork.

[font=Arial]BTW: in the new version we will replace the sonic slope...
i'm curious now. got me anxiously waiting.
  • #2,566
  • Jan 19, 2009 10:28pm Jan 19, 2009 10:28pm
Hi Cobra:

I'm new to your thread and enjoy tremendously of what you have done and what I see on the charts. Although, still at the stage of trying to figure out the details of your system; I truly believe yours is a very tradable methodology. Please don't let those 'kids' get into you, they really don't know the business of trading as a business. Keep up the good work and throw your charts out madly to let everyone to learn and share. Take care.

Have a good one
Jeff
~*~You are only one trade away from humility~*~
  • #2,567
  • Jan 19, 2009 10:41pm Jan 19, 2009 10:41pm
Quoting jharteam
Hi Cobra:

I'm new to your thread and enjoy tremendously of what you have done and what I see on the charts. Although, still at the stage of trying to figure out the details of your system; I truly believe yours is a very tradable methodology. Please don't let those 'kids' get into you, they really don't know the business of trading as a business. Keep up the good work and throw your charts out madly to let everyone to learn and share. Take care.

Have a good one
Jeff
Thanks Jeff and welcome to the thread.

The system works well under trending market conditions, in ranging market it doesn't give you any entry permission, we did that to avoid drawdowns where we can.

Please download the manual and study it, also there are a lot of posts that are really fundamental to better understand the system.

In short time we will come up with another version that basically is the same but will have some new futures to make trading even more secure.

The team will beta test it before release to get any possible glitches out.

Meanwhile you can trade the actual version with confidence once you read the most important rules.

Everybody is welcome, the kids as well as long as everything works on a civilized way, kids grow and may be great traders in the future.
  • #2,568
  • Jan 19, 2009 11:02pm Jan 19, 2009 11:02pm
Quoting cobraforex
Thanks Jeff and welcome to the thread.

The system works well under trending market conditions, in ranging market it doesn't give you any entry permission, we did that to avoid drawdowns where we can.

Please download the manual and study it, also there are a lot of posts that are really fundamental to better understand the system.

In short time we will come up with another version that basically is the same but will have some new futures to make trading even more secure....

Hi Cobra:

Fully agreed with your takes on those who join this community. Thanks for the direction. I am now in the process of reading the manual and knowing every little indicators that make up the THV system. Yes, I'm practically reading the thread starting from page 1. Thank again for your contributions and effort. Take care.

Have a good one
Jeff
~*~You are only one trade away from humility~*~
  • #2,569
  • Jan 19, 2009 11:18pm Jan 19, 2009 11:18pm
Cobra,

Ud. es un barbaro!... thanks a lot for your system. I ain't new in FX market, but I've tested a several system, and most of them haven't given good results. This system is something so good than it makes me change of mind, I gonna take it like my axis system to reach good profits.

Thanks buddy
  • #2,570
  • Jan 20, 2009 12:45am Jan 20, 2009 12:45am
I have been quiet due to life and other things. But I need to say this to you all, especially Cobra. A heartfelt and sincere 'Thank You.' I have been trading live (when I can) using this along with TL's and S/R to slowly begin to increase my two live trading accounts modestly for the first time in 6 months.
Reading through the last week of posts, it would seem as though friction and distraction has permeated through the community; for that I am sorry and dismayed. Though, I sense the character and intention of all will prevail and move forward. Again; thank you.
I have spent much time in reworking my trading plan and trading strategy to incorporate the THV as primary and frankly exclusive strategy. As I am now able to focus once again on trading daily, I will begin to post charts and results - winners and losers for me and others to learn and comment on.
To some of my peers - the newbies: Try not to over trade this system - there is no need and all it will do is draw down your account. Patience and a 'hunters' or 'stalkers' mindset will be well rewarded with the THV -

That's all for now -

SeerEye
Pip what you see; See what you pip!
  • #2,571
  • Jan 20, 2009 1:36am Jan 20, 2009 1:36am
I agree with that SeerEye.

Cobra and his crew have developed a superior trading system. I have used variations of this strategy for some time now and during ranging conditions most don't produce so well.

I'm still just "getting my feet wet" with this strategy so far, but it seems to be able to help avoid some of the unprofitable whipsaws and ranging periods which is great.

Like anything, it will take time to master, but I'm thankful to be able to use it.

Good trading to you,
PistolDave
  • #2,572
  • Jan 20, 2009 1:40am Jan 20, 2009 1:40am
To show my last trade of 55 pips.
1: - shows the break of the trend line of the 5 min.
2: 5 min chart showing the break of MS2 pivot with PA; THV3 T3; and hull replace all breaking under the cloud and coral - with all in the red.
3: 1 in chart showing the same -

entered at 1.3003 exited at 1.248 - the close of the doji candle on 1 min (sorry - not shown)
Attached Image

Attached Image

Attached Image


any comments would be appreciated -

SeerEye
Pip what you see; See what you pip!
  • #2,573
  • Jan 20, 2009 2:10am Jan 20, 2009 2:10am
Quoting SeerEye
To show my last trade of 55 pips.
1: - shows the break of the trend line of the 5 min.
2: 5 min chart showing the break of MS2 pivot with PA; THV3 T3; and hull replace all breaking under the cloud and coral - with all in the red.
3: 1 in chart showing the same -

entered at 1.3003 exited at 1.248 - the close of the doji candle on 1 min (sorry - not shown)
Attachment
Attachment
Attachment

any comments would be appreciated -

SeerEye

SeerEye:

Thank you very much for a very clear presentation of how THV's postures for a potential trade setups. One question I would like to ask is: I could pretty well see how things are working on the price pane; but I couldn't figure out (yet) what is the purpose of the indicator below (THV3_T3)? Do you ALSO incorporate this indicator to formulate your trade setups? TIA

Also, I am a little confused: For THV version 2, there's no Hall Ma included on the template but some of you ALSO need to use the Hall along with Coral with generate signals; how should I approach this here?

Have a good one
Jeff
~*~You are only one trade away from humility~*~
  • #2,574
  • Jan 20, 2009 3:07am Jan 20, 2009 3:07am
Quoting SeerEye
Try not to over trade this system - there is no need and all it will do is draw down your account. Patience and a 'hunters' or 'stalkers' mindset will be well rewarded with the THV -

SeerEye
That's right...I spent 4 hours in the Aisan Session getting up to 40 pips and I should have walked away...

The London session is not like the Aisan session and it taught me a good lesson. Hopefully I'll learn from that lesson.

This is the most sensible thread I have ever read...honestly....let's keep it going....

Cobra, what goes around comes around! Some of us will eventually pass on the information in the same way that you did....

You'll go down in history as the great....ahm....the Great Cobra!?

Maybe we'll have to come up with some other name to immortalize you with.....

Anyhow avoid the losers and smile in the face of ignorance....

Thanks Again !
Deprive a man of everything and you give him nothing to lose.
  • #2,575
  • Jan 20, 2009 3:14am Jan 20, 2009 3:14am
Thank you very much for a very clear presentation of how THV's postures for a potential trade setups. - don't know about that - lol

but I couldn't figure out (yet) what is the purpose of the indicator below (THV3_T3)? I think the best way to answer that is to refer you to page 1.


Also, I am a little confused: For THV version 2, there's no Hall Ma included on the template but some of you ALSO need to use the Hall along with Coral with generate signals; I use the Hull replace along with the standard template - you will find the indicator in the thread somewhere (sorry not to be more precise)


how should I approach this here?Practice; practice; practice. Do not mean to be 'catty,' - but, for me, that's the truth.

I have no doubt, the senior members here will be kind enough to add their insights into your questions.I'm just a peon; learning the ropes.

SeerEye
Pip what you see; See what you pip!
  • #2,576
  • Jan 20, 2009 3:22am Jan 20, 2009 3:22am
Quoting SeerEye
To show my last trade of 55 pips.
1: - shows the break of the trend line of the 5 min.
2: 5 min chart showing the break of MS2 pivot with PA; THV3 T3; and hull replace all breaking under the cloud and coral - with all in the red.
3: 1 in chart showing the same -

entered at 1.3003 exited at 1.248 - the close of the doji candle on 1 min (sorry - not shown)
Attachment
Attachment
Attachment

any comments would be appreciated -

SeerEye
I placed a trade last week on a setup just like the one you show, and it worked out fine that time, but I don't think I was following the rules properly.

On page 5 of the THV v2 manual it says:

"We only take a long trade when the cloud, T3 and price is above the Coral and short below the Coral. Exception is if, like shown in the picture, the price recently breaks the Coral; we wait for a retest of the Coral, the cloud or a R&S to enter in the trade."

I misunderstood and thought it was ok to place the trade immediately after it had crossed all three and I should have waited for a pullback and then for price to continue on in the proper direction.
  • #2,577
  • Jan 20, 2009 3:27am Jan 20, 2009 3:27am
Quoting jharteam
SeerEye:

Thank you very much for a very clear presentation of how THV's postures for a potential trade setups....
The THV T3 Trix, we refer to just as Trix, is an oscillator indicator used to help identify entries and exits. It is explained in many posts on this thread, and at http://www.investopedia.com/articles.../02/092402.asp

The Hull is not officially part of v2. It was used in v1 and was replaced by the Coral line. We are considering using the Hull on higher TF's only and so some of us are experimenting with it, so you may see it on some charts. On SeerEye's chart posted below, you will see the Hull on the 1M but we don't recommend it being used on that TF.

For now, follow the rules in the manual and read the posts to get caught up on the system's current incarnation. Then stick around to see what develops.
  • #2,578
  • Jan 20, 2009 3:31am Jan 20, 2009 3:31am
TradeWell - On SeerEye's chart posted below, you will see the Hull on the 1M but we don't recommend it being used on that TF.
Thanks for the reminder TW -

SeerEye
Pip what you see; See what you pip!
  • #2,579
  • Jan 20, 2009 3:36am Jan 20, 2009 3:36am
Quoting PistolDave
...
I misunderstood and thought it was ok to place the trade immediately after it had crossed all three and I should have waited for a pullback and then for price to continue on in the proper direction.
You have noticed that the pullback does not always happen. It is another confirmation for the trade but is not necessary. If all the other rules are met, the trade is OK. It is just an exception for when the rules haven't quite been met.
  • #2,580
  • Jan 20, 2009 3:48am Jan 20, 2009 3:48am
Quoting cobraforex
The team will beta test it before release to get any possible glitches out.

Meanwhile you can trade the actual version with confidence once you read the most important rules.

Everybody is welcome, the kids as well as long as everything works on a civilized way, kids grow and may be great traders in the future.

There will always be glitches.. Cobra..
Trading is not perfect nor Linear... The harder u work doesn't mean the more money u will earn....

The moment the trader learn to accept the loss, is the moment he understand how to make money out of this business...
A Lose trade is the part of the business..

So, the more u try to refine the problem, the more lilely u will get more glitches in ur system....
Teach the kids, the fundamental mentality of the trading, the nature of it.
Not the set ups alone...if they learn the set up alone, they will jump at u when it doesn't work...

Too many indicators in short TF, will give u alot of false signal or Late signal...That why the system does not work well/false trigger in ranging markets....

I admire ur input for the system...time and attention...
Keep up the good work!
Sonic
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