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THV system, final edition

  • #4,161
  • Feb 2, 2009 9:29am Feb 2, 2009 9:29am
There is only one GMT though... so, as per your correlation (GMT = GMT+3) IBFX and ODL are effectively at GMT, Alpari at GMT+1, And Ikon Royal and Windsor at GMT+2.
Sure there is one GMT but you'll understand me if you download the Cloq indicator.
Now, what I don't get is that you say the other three (Altrade, AFB and FxSol) start at "your" GMT (that would be GMT+3 as per your statement) AND that they start with Sydney... this is not correct, because the brokers that are at real GMT+2 (FxPro, and thus Ikon Royal and Windsor) start the day at GMT time 22:00, which is EST 17:00 thus Sydney Open and NY close. So they would be showing one hour ahead (or starting their 00:00 candle one hour earlier) with respect to the NY close...
Ok I think I didn't explain my self right. Yes but it depends if we consider the 00:00 + period separator candle is the new day or the last on the previous day. Please bare with me.
I presume that maybe your observations might have changed because of DST, unless you made all of them in present time? Let me know. Anyway I'll do some research on my own for those three.
I considered the DST.
Thank you for adding to the brokers list!
You're most welcomed. I know that one hour difference is not a big deal but it's good to know which broker is following the true market time.
P.S. Found out that apparently FxSol starts at 5pm EST so it is indeed at GMT+2... and most probably the other two are as well.
The 00 candle of FXSOL is exactly the same as the 00 candle at AFB & Altrade which is at 00:00 GMT+3 / GMT 21:00 / EST 16:00. So, when the period separator shows on candle 00:00, then the new day starts from 01:00 candle because the closing of 00:00 candle is at EST17:00 (close of NY).
[/quote]

Ah... I know it's a big headache to locate the right open/close time in this crazy market I used to think that Ikon-Royal is correct but actually it's one hour ahead.
Please refer to the following links:
http://www.2009.worldmarkethours.com/Forex/index.htm I think this is the most accurate.
http://forex.timezoneconverter.com/

I commented on your post above in red. Thank you for your patience and I hope we can agree on the right broker.

Cheers.
Sniffing Snake's Tracks...
  • #4,162
  • Feb 2, 2009 9:35am Feb 2, 2009 9:35am
Quoting ernie
hi seniors,
just want to check how do i renew&refresh my entire mt4 platform?!

i've tried uninstalling & re-installing again, but somehow, the old profiles, templates & indicators still find their way back on the newly installed mt4 platform... (ghost?)

thanks~
Tried posting once....it did not post so here goes again

I had this problem when loading v2.1

Took awhile but this worked for me.

1. If you want a virgin MT4,
Open platform, delete all templates, and all indicators in expert indicators from the Navigator.

Close platform, go to My Computer/C drive/program files/ Whatever the name of folder that holds your MT4 platform and from there delete all added templates, and expert indicators from here.

Uninstall MT4, then go to your broker and download the MT4 platform again.

2. If you only are doing this because thv3 has issues, make sure you have build 220 of MT4.

Open platform, delete all templates and indicators that reference thv, and any associated indicators. Then close platform and go to My Computer/ c drive/.....etc and do the same.

Then redownload the THV3 zip file and install based on manual instructions.

This worked for me, let me know if it works for you!
  • #4,163
  • Feb 2, 2009 9:38am Feb 2, 2009 9:38am
First post did show up!

I must be stuttering now!
  • #4,164
  • Feb 2, 2009 9:40am Feb 2, 2009 9:40am
Congratulations on the good trading night last night Ed! Now hold those pips!
  • #4,165
  • Feb 2, 2009 9:41am Feb 2, 2009 9:41am
Just watching right now and waiting to see what pa is going to do at this pivot point...
Zorro...
  • #4,166
  • Feb 2, 2009 9:44am Feb 2, 2009 9:44am
Quoting Peterd
Hi Doblece,

I've read your instructions about TimeZone multiple times and still not sure wether I'm getting it.

Please confirm if I get this right.

My local time is equal to EST (NY Time)
So if:
Current NY time is 10:00 AM
Current Broker time is 04:00 PM
Current GMT time is 03:00 PM

Then my settings would be 1, -5 (I want to base my pivot on NY Hours).

Is this the correct settings?

Thanks,
Peter
Your local time doesn't enter into the equation.
If Broker time is GMT+1 as it seems, your settings would be 1, 2 to start the day at NY close.

If you want it to start at NY EST 00:00 (GMT time 19:00), your settings will be effectively 1, -5 (your start candle will be showing at 20:00).

If you want it to start at NY OPEN though (GMT time 13:00), your settings will have to be 1, -13 (your start candle will be showing at 14:00).
  • #4,167
  • Feb 2, 2009 9:45am Feb 2, 2009 9:45am
Just reinforcing the importance of using trendlines along with THV, after break of DP, we had a pull back that came exactly at TL and MS1. Easy 25 pips =D
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  • #4,168
  • Feb 2, 2009 9:48am Feb 2, 2009 9:48am
Just my input. I am not changing anything I use as it has worked for me.I will try your settings and take a look an if PA respects better than now, I can change!
I know it is critical to have them set by whatever the majority of big traders use, but hey I like mine where they are, but I will be watching this discussion to see if it gives me an improvement!

My settings are 0,0.
my broker IBFX= server 0 gmt
I am on EST, I will need to change this at DST

I am posting my chart to show how these pivots are behaving, but they are always weird on Monday due to wacked out Sunday open.
Attached Image(s) (click to enlarge)
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  • #4,169
  • Feb 2, 2009 9:51am Feb 2, 2009 9:51am
Quoting TradeWell
Congratulations on the good trading night last night Ed! Now hold those pips!
Thanks Tradewell. Holding them is the word for now! I'm just reviewing charts, maybe looking for an easy trade or two (depending on what this recent up-and-back does), and thinking of shutting down for the day. Been up since 01:30am EST.

Hope you're having a good THV day.
Up or down, gimme a ticket
  • #4,170
  • Feb 2, 2009 9:52am Feb 2, 2009 9:52am
I am receiving the following error message:

2009.02.02 09:48:41 Cannot open file 'Crogram FilesFXDD -expertsindicatorsT3 THV.ex4' on the EURJPY,M5

I have downloaded what I thought were all the new indicators but the Coral indie doesn't show up. I can only guess these 2 issues are related.

Is there another file i need to download and if so where can I get it?

Thanks,

saintmo
  • #4,171
  • Feb 2, 2009 9:54am Feb 2, 2009 9:54am
Quoting FX.Sniffer
P.S. Found out that apparently FxSol starts at 5pm EST so it is indeed at GMT+2... and most probably the other two are as well.
The 00 candle of FXSOL is exactly the same as the 00 candle at AFB & Altrade which is at 00:00 GMT+3 / GMT 21:00 / EST 16:00. So, when the period separator shows on candle 00:00, then the new day starts from 01:00 candle because the closing of 00:00 candle is at EST17:00 (close of NY).
Sorry but I keep on disagreeing
It is 5pm EST (NY close - 17:00 - GMT-5) when it is 5:30pm my local time AND my broker's (which is at GMT+2 = GMT 22:00) 00:00 start candle.
22:00 - 5:00 hours = 17:00 EST
Thus, correct "with the market" opening candle is given by brokers that are at GMT+2. GMT+3 would be one hour ahead... (thus starting one hour earlier than the NY close).

My reference is the FF market hours and the official World Clock:
http://www.timeanddate.com/worldclock/full.html



(Now, I presume you are taking 4pm EST as the NY close, which is the Stock Market close, in this case you would be right, but
Quote
The Forex market is the only 24-hour market, opening Sunday 5 PM EST, and running continuously until Friday 5 PM EST. The Forex day starts with the opening of Sydney’s (Australia) Forex market at 5:00 PM EST (10:00 PM GMT / 22:00), and ends with the closing of New York’s market, a day after, at 5:00 PM EST (10:00 PM GMT / 22:00), immediately reopening in Sydney restart trading.
so this is why I am taking 17:00 EST instead of 16:00 EST as the NY close.)
http://www.forex-internet.com/forexhours.htm

In fact then, we're both right!
  • #4,172
  • Feb 2, 2009 9:55am Feb 2, 2009 9:55am
Quoting saintmo
I am receiving the following error message:

2009.02.02 09:48:41 Cannot open file 'Crogram FilesFXDD -expertsindicatorsT3 THV.ex4' on the EURJPY,M5

I have downloaded what I thought were all the new indicators but the Coral indie doesn't show up. I can only guess these 2 issues are related.

Is there another file i need to download and if so where can I get it?

Thanks,

saintmo
Delete this file. and reinstall THV3 indicators.
All THV3 files start THV3 bla,bla,bla
  • #4,173
  • Feb 2, 2009 10:01am Feb 2, 2009 10:01am
Quoting Gofer Pips
Delete this file. and reinstall THV3 indicators.
All THV3 files start THV3 bla,bla,bla
Except for the T3 THV.mq4 which is not a file that will show on the chart, but is used by the Coral. And should be inside the indicators folder. In case it isn't, here you have it attached.

Quoting saintmo
I am receiving the following error message:
2009.02.02 09:48:41 Cannot open file 'Crogram FilesFXDD -expertsindicatorsT3 THV.ex4' on the EURJPY,M5
Attached File(s)
File Type: mq4 T3 THV.mq4   3 KB | 799 downloads
File Type: ex4 T3 THV.ex4   4 KB | 655 downloads
  • #4,174
  • Feb 2, 2009 10:01am Feb 2, 2009 10:01am
Quoting doblece
Your local time doesn't enter into the equation.
If Broker time is GMT+1 as it seems, your settings would be 1, 2 to start the day at NY close.

If you want it to start at NY EST 00:00 (GMT time 19:00), your settings will be effectively 1, -5 (your start candle will be showing at 20:00).

If you want it to start at NY OPEN though (GMT time 13:00), your settings will have to be 1, -13 (your start candle will be showing at 14:00).

Thanks, that helped...!
  • #4,175
  • Feb 2, 2009 10:02am Feb 2, 2009 10:02am
Quoting SpecialEd
Thanks Tradewell. Holding them is the word for now! I'm just reviewing charts, maybe looking for an easy trade or two (depending on what this recent up-and-back does), and thinking of shutting down for the day. Been up since 01:30am EST.

Hope you're having a good THV day.
Not as good as you but I've only been trading 2 hours. I waited until news was digested. About 35 pips so far.
  • #4,176
  • Feb 2, 2009 10:03am Feb 2, 2009 10:03am
I want to thank Cobra for posting the newest version of this wonderful system. God bless you Cobra and all the coders and testers that chipped in.
  • #4,177
  • Feb 2, 2009 10:07am Feb 2, 2009 10:07am
Quoting TradeWell
Not as good as you but I've only been trading 2 hours. I waited until news was digested. About 35 pips so far.
That's a great start to your day. V3 is greatly simplified, huh? More like the original Ichimoku, but with the power and clarity of Trix.
Up or down, gimme a ticket
  • #4,178
  • Feb 2, 2009 10:10am Feb 2, 2009 10:10am
Quoting SpecialEd
More like the original Ichimoku, but with the power and clarity of Trix.
In fact it's not the original (by this I think you mean "standard") Ichimoku but neither the previous settings. This one allows for earlier entries.
  • #4,179
  • Feb 2, 2009 10:23am Feb 2, 2009 10:23am
Hi ALl

Can somebody please tell me if the short trade on the 1min where I placed a red line is a valid trade.

Many Thanks
scouseman
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  • #4,180
  • Feb 2, 2009 10:26am Feb 2, 2009 10:26am
Quoting scouseman
Hi ALl

Can somebody please tell me if the short trade on the 1min where I placed a red line is a valid trade.

Many Thanks
scouseman
Technically yes (on M1, because on M5 rules weren't met yet - in fact more like warning of a possible LONG) but you didn't take the divergence into account... and the fast Trix was barely touching the zero line.
Also, the trend on M5 was clearly up, and ascending in M1.
Remember to go with the trend for safer entries.
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