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THV system, final edition

  • #3,801
  • Jan 30, 2009 2:43pm Jan 30, 2009 2:43pm
Quoting cobraforex
So what's the allergy? snakes?
FREAKIN CATS!
  • #3,802
  • Jan 30, 2009 2:43pm Jan 30, 2009 2:43pm
Quoting Freddyfx
Allergy is PIPS
Freddy, that's why I'll be gettin shots!
  • #3,803
  • Jan 30, 2009 2:46pm Jan 30, 2009 2:46pm
I just read on EUR/USD and confirmed, the Dow Jones is now under 8K, at 7995. Unfricking believable!

Hey Freddy, I see you and Gofer are the last ones standing. Have a nice weekend, both of you, and - turn out the lights as you leave.
Up or down, gimme a ticket
  • #3,804
  • Jan 30, 2009 2:47pm Jan 30, 2009 2:47pm
Looks like I didn't miss too much while the allergist made a human pin cushion out of me.
Hey, and what are all these bumps on my arms, I feel like life size doll with instructions printed on my arms in Braille![/quote]

Wait a minute, I didn't realize the new version was going to be so easy. So let me guess - when the Trix crosses - you will get an electric shock which will make your finger trigger the trade?

Brilliant....
  • #3,805
  • Jan 30, 2009 2:54pm Jan 30, 2009 2:54pm
Quoting tsquad
So let me guess - when the Trix crosses - you will get an electric shock which will make your finger trigger the trade?

Brilliant....
Indeed that's the reaction to the "voice effects" (j/k)

Now seriously, the new-to-be-released version is really cool and thorough.
Be patient, you'll see! (or should I say, you'll hear! )
  • #3,806
  • Jan 30, 2009 2:54pm Jan 30, 2009 2:54pm
Quoting tsquad
Looks like I didn't miss too much while the allergist made a human pin cushion out of me.
Hey, and what are all these bumps on my arms, I feel like life size doll with instructions printed on my arms in Braille!
Wait a minute, I didn't realize the new version was going to be so easy. So let me guess - when the Trix crosses - you will get an electric shock which will make your finger trigger the trade?

Brilliant....[/quote]

Its simple, so simple a caveman can do it!
When the trix crosses, I get this warm and fuzzy feeling, like a first date!
  • #3,807
  • Jan 30, 2009 3:00pm Jan 30, 2009 3:00pm
Quoting Gofer Pips
When the trix crosses, I get this warm and fuzzy feeling, like a first date!
Isn't that called "goosebumps"? (speaking of idem...)


Have an excellent resting and enjoying w/e.
And thanks for all the laughs and good spirit that you spread around so generously!
  • #3,808
  • Jan 30, 2009 3:21pm Jan 30, 2009 3:21pm
Good weekend all, see you Sunday.
CC thanks for all your support!
TW thanks for all the exchange of ideas
Ed thanks for our spirited conversation and being a backboard for my hair-brained ideas
Cobra, thanks for making it all possible!

All the other traders in THV thanks for your posts, your questions, and refreshing enthusiasm you bring to the thread, without you we would be unable to share startegies and ideas!

That was all serious.
On a comedic note:
When release of THV2.1 comes out there will be no more waiting on valid trades! I have a picture of me in trade room before THV
Attached Image
  • #3,809
  • Jan 30, 2009 3:35pm Jan 30, 2009 3:35pm
Quoting Gofer Pips
That was all serious.


great weekend all (that really was serious)

gonna work out the last stuff for the release of V2.1
  • #3,810
  • Jan 30, 2009 4:18pm Jan 30, 2009 4:18pm
Quoting cobraforex
I closed my trading room now and with that the monthly result.

This week has been poor because I didn’t trade yesterday after some losses on wednesday and also a small mistake of the platform but what counts is the monthly average.

I don’t post this to say what great trader I am, far away from that. I don’t need feedback for that, enough that a monthly check arrives.

I only want to show what potential the THV has.

Have a great weekend all....
I think a better measurement of performance would be a count of pips. Percentage does not tell us anything since we dont know the size of your lots and etc.
  • #3,811
  • Jan 30, 2009 4:20pm Jan 30, 2009 4:20pm
Can the trix in the v2.1 indicator be made of a different width ? They seem to be almost the same and different thickness would make it more readable.
  • #3,812
  • Jan 30, 2009 4:53pm Jan 30, 2009 4:53pm
Wow.. what a great system.
lowest draw down possible please.
  • #3,813
  • Jan 30, 2009 5:02pm Jan 30, 2009 5:02pm
Hello THV Team,

I follow your thread since the beginning, like a fly on a wall.I read accumens website and his approved book (T.y.w.t.f.f). I donīt want to mention it, it is forbidden in this forum.
Iīm working 2 years with a fond manager in an office. Right now, Iīm my own fondmanager.

The wicked THV team, espacially Cobra, TraderAtHome, Doublecci,TradeWell, SpecialEd and the rest of the "core THV team". They are great teachers for understanding the market.

So I developed some things for THV, which is better confirmed with my personality. Maybe you think so too.

So now i take my time and want to post a chart with my thv channel and give a little present to the "GREAT THV COMMUNITY" back. If you are interested in it, then cobra should send me an pm and he get the mql file. Than he can adapt it in the "thv ci". Furthermore, I donīt want to show the setups for coral. I understand it is important for cobra, that nobody knows that. "... nobody knows that" :nerd:

Donīt forget it! Not more than 7 different optical items in one chart!!! Keep it simple.

Hope my thread helps, to hunt more pips.

Excuse me for my english, hope it will be better in future.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: THV_Channel_mod_FxNobody_3.JPG Size: 104 KB
  • #3,814
  • Edited 5:20pm Jan 30, 2009 5:08pm | Edited 5:20pm
Quoting ForexTrader1
I think a better measurement of performance would be a count of pips. Percentage does not tell us anything since we dont know the size of your lots and etc.
Just keep in mind that I use a good MM, no more than 2% risk a trade, mostly 1%. In a business the only profit measurement is money in percentage in relation of the investment, that's what I post.

Let's say that you have 20K ( if you want to make a living with FX everything below 10K is waste of time) and made 20% during the month you would have a result of 4K.

You can trade the same system on the same computer, broker, trading time etc. and we will have different results. So this is only a global information about MY performance with THV.

BTW: the both Trix lines have different thickness and color, may be in the screenshot it doesn't come out that well.
  • #3,815
  • Jan 30, 2009 5:18pm Jan 30, 2009 5:18pm
Question about the entry in 2.1 I watched the video and read all of the most recent posts, so I hope I didn't miss something obvious.

Is the entry on the cross of the fast TRIX with the zero line or of the fast TRIX with the slow TRIX?

Thanks, this looks very promising.
  • #3,816
  • Jan 30, 2009 5:29pm Jan 30, 2009 5:29pm
Quoting ForexTrader1
I think a better measurement of performance would be a count of pips. Percentage does not tell us anything since we dont know the size of your lots and etc.
Pip count means nothing, percentage is how to measure success. Reason being you may gain 100 pips with 1 lot, decide to increase your lot size, and lose 90 pips. You may be positive 10 pips but be down on the account.
  • #3,817
  • Jan 30, 2009 5:33pm Jan 30, 2009 5:33pm
Quoting DocPMD
Question about the entry in 2.1 I watched the video and read all of the most recent posts, so I hope I didn't miss something obvious.

Is the entry on the cross of the fast TRIX with the zero line or of the fast TRIX with the slow TRIX?

Thanks, this looks very promising.
When the fast TRIX crosses the slow TRIX, there is a potential change of trend direction. This will be then confirmed after the TRIX crosses the zero line and with the other elements in sync (PA above or below the Ichimoku, Coral, etc.) and depending of the different levels of risk.

All this will be thoroughly explained in the new version THV 2.1 manual.
I think we will be working on finishing all the details this very week-end, so most probably you will be able to test the new system which will be released live hopefully during next week.
  • #3,818
  • Jan 30, 2009 5:36pm Jan 30, 2009 5:36pm
Quoting DocPMD
Question about the entry in 2.1 I watched the video and read all of the most recent posts, so I hope I didn't miss something obvious.

Is the entry on the cross of the fast TRIX with the zero line or of the fast TRIX with the slow TRIX?

Thanks, this looks very promising.
Doc, this depends on your risk appetite and the situation of PA.

Please wait till we come out with the set of rules, depending the risk level you want to trade.

Upps, thanks CC, you have been faster, as always
  • #3,819
  • Edited Jan 31, 2009 10:27am Jan 30, 2009 5:42pm | Edited Jan 31, 2009 10:27am
Quoting Jimmy Jones
Pip count means nothing, percentage is how to measure success. Reason being you may gain 100 pips with 1 lot, decide to increase your lot size, and lose 90 pips. You may be positive 10 pips but be down on the account.
Pip count can measure the effectiveness of the system, now money management pertains almost exclusively to the trader's decision of not always following a particular rule on this sense. Of course we are talking here about a normalized pip count... in the example you mention, the 90 pips lost would have to be multiplied by "x" times that the 1 lot was increased to... thus the real pip count would be equivalent to the negative percentage obtained. (100 pips with 1 lot, loses 90 pips with 2 lots that's 180 pips! so he's down 80 negative pips as well).

In general, we should all be working under the same premises: no more than a 2% risk (better 1% risk), size of position accordingly so with a 50 pip s/l the maximum position size would be 2% of the account, etc... But it is also true that everyone has a different risk appetite, some will use much more, some will make it depend on the market conditions and vary according to the occasion and pairs involved, etc...

Percentage on the account balance is indeed a measure of the trader's success in applying all the rules to his trading. However, pip count is also the net result of opening a trade and closing it by the rules, thus BOTH are important, because the pip count measures the potential that a system has. Also, the percentage could mean nothing because it's real value will depend on the total capital... a trader can be very successful by making only 3% if the account is big enough.

Anyway this is only MY point of view and as such should be considered
  • #3,820
  • Jan 30, 2009 6:31pm Jan 30, 2009 6:31pm
I have spent endless hours crunching growth numbers for trading accounts. I look at them and say what is wrong with this picture, what am I missing? So I am now asking for your thoughts. If you start with an amount in your trading account, let's say $2500, you would start out trading .25 lots per the 2% guideline if your max SL was 20 pips. When the account gets to $5000 you go to .5 lots and add .25 lots each $2500 your account increases. If average just 10 pips a day, just 50 a week, and increase lot size as you go based on 2% and 20SL at day 100 you have $6690 in your account, and you are trading 6.7 lots per trade. At day 200 you have $18,100 in your account and are trading 18 lots; jump ahead to day 520 or in a "perfect world" 2 years of trading, you are at $437K and 437 lots per trade. 3 years has you at $5.8M and trading 5811 lots. When does it end? What is the main issue with this? Is it the 10 pips per day, every day, average? Does it get to a point where you can only trade so many lots, so it has to stop increasing at that rate? I understand this is "perfect senario", no mind melds and huge draw downs, working each and every trading day, but is 10 pips a day average that unrealistic for an experienced, strict, machine of a trader? The entire time it is only a 4.8% increase in your account each WEEK, that seems doable. I just need someone to tell me why I cannot grow a $2500 account to over $5M in three years.
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