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THV system, final edition

  • #2,941
  • Jan 22, 2009 1:35pm Jan 22, 2009 1:35pm
Quoting sed34
i want 100% wins.
Who doesn't?
It is indeed quite possible for a while.
But remember that Forex is a zero sum game. And that there is balance in everything in this world. And especially, that as soon as you think you've got everything figured out, unpredictable situations happen. Be sure to be well prepared on all probable issues, because the leastest that you could imagine, can happen.

Let's say that, if scalping, 90-95% wins is equivalent to a 100%.
That's indeed close enough.
  • #2,942
  • Jan 22, 2009 1:38pm Jan 22, 2009 1:38pm
Has a new trix been posted? I must have missed that somewhere.

Quoting cobraforex
Ragu, you are right, I'm confusing me with the new trix, in your chart it is the slower, sorry, to many stuff to think about.

The new trix has other settings, the actual fast T3 is eliminated.
  • #2,943
  • Jan 22, 2009 1:40pm Jan 22, 2009 1:40pm
i think i'm done with the crosses. down 15 pips. too many variables. and trying to watch two different currency pairs to see if the cross matches up is a lot of work. will try to get the 15 pips from the e/u.
  • #2,944
  • Jan 22, 2009 1:42pm Jan 22, 2009 1:42pm
Quoting sed34
2 losses. 1 win. need one more to break even. i'm too afraid to hit the button
If fear (or greed) comes into the picture, do nothing with that button.
Turn off the computer, take a walk, and come back refreshed.
And, first of all, go over those 2 losses and figure out what happened so you don't repeat the experience.
  • #2,945
  • Jan 22, 2009 1:43pm Jan 22, 2009 1:43pm
i also don't trade a flat coral. i think that is the indicator of a flat market. regardless of what the hull says.
  • #2,946
  • Jan 22, 2009 1:45pm Jan 22, 2009 1:45pm
Quoting doblece
If fear (or greed) comes into the picture, do nothing with that button.
Turn off the computer, take a walk, and come back refreshed.
And, first of all, go over those 2 losses and figure out what happened so you don't repeat the experience.
i'm observing now.
  • #2,947
  • Jan 22, 2009 1:47pm Jan 22, 2009 1:47pm
Quoting DocPMD
Just do the math on that number . . .

Let's assume you only take 3 trades per day, 2 winners, 1 loser;

Let's further assume that you are risking 3% per trade with a 1:1 risk:reward;

That means you would be earning 3% per day, 15% per week, 60% per month!

Most people could easily live on that, even with a small account!

I would take those results in a heartbeat. I don't need anything close to 100% winners.
correct. MM is key. I believe anything above 60% is good

so far this week I had 7 trades, 6 winners 1 loser

that's 85%

of course it is a very small amount of trades, and possibly with more and more trades if I can manage to get around 65~70% accuracy I'll be happy.

But still a good result.

so far today, no trade for me
  • #2,948
  • Jan 22, 2009 1:56pm Jan 22, 2009 1:56pm
Quoting BenQ
Has a new trix been posted? I must have missed that somewhere.
No BenQ, I'm calibrating and coding some stuff on it.

I think we will be ready, after forward testing it well, to post it next wednesday.
  • #2,949
  • Jan 22, 2009 2:03pm Jan 22, 2009 2:03pm
Quoting Jack Herer
...
so far today, no trade for me

You are not alone. This week is not turning out too good for me (yet). That is the unpredictable aspect Doblece mentioned. On the bright side, no trades = no losses. You have to be comfortable taking a position. #1 rule is preservation of capital.
  • #2,950
  • Jan 22, 2009 2:14pm Jan 22, 2009 2:14pm
I have been looking at Hull Replace to use with 1M chart. I noticed that it never really goes above or below the cloud like Coral. However it does go above or below the T3. Since I did not work with THV1, can somebody tell me if this is expected behaviour of Hull Replace. In this case we take trade when Hull Replace cross T3, and Trix?
  • #2,951
  • Jan 22, 2009 2:26pm Jan 22, 2009 2:26pm
are you guys seeing an up trend in the e/u.

i want to confirm this this with people.
Attached Image (click to enlarge)
Click to Enlarge Name: temp.gif Size: 63 KB
  • #2,952
  • Jan 22, 2009 2:30pm Jan 22, 2009 2:30pm
Quoting karun
I have been looking at Hull Replace to use with 1M chart. I noticed that it never really goes above or below the cloud like Coral. However it does go above or below the T3. Since I did not work with THV1, can somebody tell me if this is expected behaviour of Hull Replace. In this case we take trade when Hull Replace cross T3, and Trix?
In THV1, PA and T3 had to cross the Hull and Cloud. Additionally, the color and direction of the Hull should match the direction of the trade to be taken (green for long, red for short, yellow no trade).
  • #2,953
  • Jan 22, 2009 2:31pm Jan 22, 2009 2:31pm
Quoting sed34
are you guys seeing an up trend in the e/u.

i want to confirm this this with people.
yes, but be careful with longs, down channel in 4H.
Attached Image (click to enlarge)
Click to Enlarge Name: uptrend.gif Size: 17 KB
  • #2,954
  • Jan 22, 2009 2:37pm Jan 22, 2009 2:37pm
Quoting sed34
are you guys seeing an up trend in the e/u.

i want to confirm this this with people.
Yes, but right now I see divergence on the 5M. It may stall for a while and go up or it may reverse.
  • #2,955
  • Edited 2:42pm Jan 22, 2009 2:37pm | Edited 2:42pm
Quoting sed34
are you guys seeing an up trend in the e/u.

i want to confirm this this with people.
What I see there in H1, is a slowly ascending sideways move... that can be the retracement to a bearish flag (it's roughly lying at it's 61.8% retracement).

The central pivot has been crossed and indeed it could go higher, but we are in a down channel.

In a shorter TF we're having a slight uptrend (M15 and lower) which could go to the upper trendline of the down move.

The market at this moment is quite slow, though. Not a very good time to be trading, IMO.
  • #2,956
  • Jan 22, 2009 2:38pm Jan 22, 2009 2:38pm
I see divergence in 5min, anyone else?
  • #2,957
  • Jan 22, 2009 2:45pm Jan 22, 2009 2:45pm
Quoting Jack Herer
I see divergence in 5min, anyone else?
Yes, green Trix divergence.
  • #2,958
  • Jan 22, 2009 2:46pm Jan 22, 2009 2:46pm
Quoting sed34
are you guys seeing an up trend in the e/u.
All afternoon (at least it's afternoon here)...M1 through H4 is up. Just went long again with finger on the close all button.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 1m 01-22-09 am.jpg Size: 352 KB
Listen to the whispers.... You may learn something
  • #2,959
  • Jan 22, 2009 3:15pm Jan 22, 2009 3:15pm
Quoting doblece
In THV1, PA and T3 had to cross the Hull and Cloud. Additionally, the color and direction of the Hull should match the direction of the trade to be taken (green for long, red for short, yellow no trade).
For All:-, this is not part of core THV v2 so please dont confuse with THV v2 rules.


But Hull can be above or below the cloud, it does not matter? Also, could confirm if my pivot settings are correct ? 1st setting is 0, second is -5.
This is for a broker in GMT timzone and I want the Pivot settings for NY market time.
Attached Image (click to enlarge)
Click to Enlarge Name: Pivots.GIF Size: 89 KB
  • #2,960
  • Jan 22, 2009 3:29pm Jan 22, 2009 3:29pm
Quoting sed34
have you guys tried the m2 chart?
I tried again to setup THV on M2 chart, but the pivots does not show up, other than that everything else seems to be okay... Attached is the screen shot, please not ATR is not part of the standard system, I added it for my reference.
Attached Image (click to enlarge)
Click to Enlarge Name: m2-eurusd.gif Size: 44 KB
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