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THV system, final edition

  • #4,261
  • Feb 2, 2009 4:32pm Feb 2, 2009 4:32pm
Quoting endubito
First off, hats off and many thanks to Cobra and the others who have shared this fine system.

I'm having trouble with the v4 pivots. I've played with the input settings but can't find anything that helps with the problem.

The problem is that with every new candle all the pivot lines condense on the blue line and slowly fan out with every tick.

It has something to do with the broker feed I'm sure. It's MBTrading's MT4 beta demo. The pivots work fine with other brokers MT4.

Any ideas?
Since they are in beta testing, MBT keeps updating thier demo MT4 platform quite often.So I would suggest not to rely on MBT MT4 demo for your charts.

Hope that helps

Thanks
  • #4,262
  • Feb 2, 2009 4:34pm Feb 2, 2009 4:34pm
Thanks to cobra and the team for all the hard work. I have been watching quietly and have not had much chance to trade, hopefully that will change now.

Cobra, is it ok if I start a trading journal on forexfactory based on the THV system? I like to log my performance in public to give me some accountability and keep myself on track.
  • #4,263
  • Feb 2, 2009 4:40pm Feb 2, 2009 4:40pm
Quoting FX.Sniffer
and I just need Doblece to convince me or me to convince her lol
No need to convince me, I finally understood that you were taking the NYSE close as effective "closeoftheday/startoftheotherone"

It's a point of view, as valid as the 17:00 pm one.
I take as end/start the time when the brokerage charges or deposits the swaps, which here also we can have differences: indeed at Oanda they use the 4pm thing (21:00 GMT) and all the others use 17:00 EST or GMT 22:00.

Like I said: we both are right!
  • #4,264
  • Feb 2, 2009 4:41pm Feb 2, 2009 4:41pm
Quoting endubito

I'm having trouble with the v4 pivots. I've played with the input settings but can't find anything that helps with the problem.

The problem is that with every new candle all the pivot lines condense on the blue line and slowly fan out with every tick.

It has something to do with the broker feed I'm sure. It's MBTrading's MT4 beta demo. The pivots work fine with other brokers MT4.

Any ideas?



I notice that the demo is a 5 digit broker, (1.XXXXX ) maybe that has something to do with it.
  • #4,265
  • Feb 2, 2009 4:48pm Feb 2, 2009 4:48pm
Quoting FX.Sniffer

Yeah I guess we're both right but which broker is using the right time
The "right" time, for me, is 17:00 EST so any broker at GMT+2 has it.

For you, any broker at GMT+3 will be at the right time.

Time is only an illusion anyway... Forex is in fact about PRICE

The ideal scene would be a price-based platform so we can more properly evaluate.

By now, the only "accurate" charts for any broker are the hourly charts and below (and provided the prices don't deviate too much from one to the other!), and these are on what the Pivots Indicator is based, which you can tweak at your preference, on any broker, to have the correct calculations.
Of course, H4 and Daily charts will have slight differences, but IMO one hour more or less doesn't change the overall trend.
  • #4,266
  • Feb 2, 2009 4:51pm Feb 2, 2009 4:51pm
Quoting tommyd
I notice that the demo is a 5 digit broker, (1.XXXXX ) maybe that has something to do with it.

Not at all.
The whole set of indicators will work as well on 5 and "normal" 4 digit brokers.
Wait for the first hour to end and let us know if it keeps on redrawing.

Usually the lines aren't drawn in each TF until the first candle has finished, maybe there's something related with this.
  • #4,267
  • Feb 2, 2009 4:55pm Feb 2, 2009 4:55pm
Quoting endubito
First off, hats off and many thanks to Cobra and the others who have shared this fine system.

I'm having trouble with the v4 pivots. I've played with the input settings but can't find anything that helps with the problem.

The problem is that with every new candle all the pivot lines condense on the blue line and slowly fan out with every tick.

It has something to do with the broker feed I'm sure. It's MBTrading's MT4 beta demo. The pivots work fine with other brokers MT4.

Any ideas?
Did you set the full lines to true? this is most probably the issue.
"FullScreenLinesMarginPrices" has to be set to FALSE, because it will generate problems with the platform. This is why it comes disabled by default.

The only setting to change is the broker and session time, and also I noticed that you have the labels for Market Hours wrong? So there also you should place your broker time (difference to GMT) so they show at the appropriate times.

Karun might be right about the Beta issue, check this thread:

http://www.forexfactory.com/showthread.php?t=142551
  • #4,268
  • Feb 2, 2009 5:01pm Feb 2, 2009 5:01pm
Quoting doblece
Nice work, Peter.
Though before "officialising" the use of the divergence indicator, I would prefer that Cobra and the team approved its use into the system, in case there are things to modify or if simply he doesn't think it is necessary.

Which version of FX5 did you use?
Maybe you could wish to send me the mq4 file so I can have a look and check for any bugs by comparing with the appropriate version, and thus help Cobra who is quite busy today as he seemed to say.
Just send me a PM and we'll see.
And thanks again!

Please check your e-mail...
  • #4,269
  • Feb 2, 2009 5:16pm Feb 2, 2009 5:16pm
Quoting doblece
No need to convince me, I finally understood that you were taking the NYSE close as effective "closeoftheday/startoftheotherone"

Like I said: we both are right!
Yeah, even the candles are almost similar. Ok, thanks for your time Dobby new nn! You're doing an amazing job in this thread by answering all the questions. I don't know how you can be so active in this thread and do other things in your life. I'm truly amazed

Special thanks to Cobra for such an amazing system and every one for their contributions.

Cheers,
Sniffing Snake's Tracks...
  • #4,270
  • Feb 2, 2009 5:19pm Feb 2, 2009 5:19pm
Quoting doblece
The "right" time, for me, is 17:00 EST so any broker at GMT+2 has it.

For you, any broker at GMT+3 will be at the right time.

Of course, H4 and Daily charts will have slight differences, but IMO one hour more or less doesn't change the overall trend.
Agreed
Sniffing Snake's Tracks...
  • #4,271
  • Feb 2, 2009 5:33pm Feb 2, 2009 5:33pm
Quoting Peterd
Please check your e-mail...
Thanks! already replied
  • #4,272
  • Feb 2, 2009 5:36pm Feb 2, 2009 5:36pm
Quoting FX.Sniffer
Yeah, even the candles are almost similar. Ok, thanks for your time Dobby new nn! You're doing an amazing job in this thread by answering all the questions. I don't know how you can be so active in this thread and do other things in your life. I'm truly amazed

Special thanks to Cobra for such an amazing system and every one for their contributions.

Cheers,
You're always welcome!
In fact, 75% of the things I do in my life are computer-based... so it's easy ... and working at home allows for such multitasking as well. And I'm a fast typer
  • #4,273
  • Feb 2, 2009 5:44pm Feb 2, 2009 5:44pm
Quoting doblece
Did you set the full lines to true? this is most probably the issue.
"FullScreenLinesMarginPrices" has to be set to FALSE, because it will generate problems with the platform. This is why it comes disabled by default.

The only setting to change is the broker and session time, and also I noticed that you have the labels for Market Hours wrong? So there also you should place your broker time (difference to GMT) so they show at the appropriate times.

Karun might be right about the Beta issue, check this thread:

http://www.forexfactory.com/showthread.php?t=142551...
I did try the full lines = true and it didn't help.

I'm sure Karun is right about the beta issue. MBTrading has made it clear that to get MT4 to interface with ecn that they had to do a lot of code adjustment. I hoped on the off chance that someone had run into something similar during testing.

It's not a big deal. I just get annoyed when I can't figure things out. It's a character flaw of mine to obsess over minutiae and I've worried with this most of the day when I should have been focussed on trading.

The sad thing is I was convinced early on that it was a beta issue and still burned up the day on it.
  • #4,274
  • Feb 2, 2009 5:48pm Feb 2, 2009 5:48pm
Quoting endubito
The sad thing is I was convinced early on that it was a beta issue and still burned up the day on it.
A curious mind is never satisfied
(I can absolutely relate to that. Pips won't go away, others will come your way!)

(anyway please set back the lines to "false")
  • #4,275
  • Feb 2, 2009 5:49pm Feb 2, 2009 5:49pm
it always amazes me how well the LWMA 60 works as suport/resistence on 5M chart
  • #4,276
  • Edited 6:21pm Feb 2, 2009 6:02pm | Edited 6:21pm
Quoting Jack Herer
it always amazes me how well the LWMA 60 works as suport/resistence on 5M chart


you can trade the LWMA 60 alone on the candlestick chart, in my web is a system based on it
  • #4,277
  • Feb 2, 2009 6:29pm Feb 2, 2009 6:29pm
Doblece, nevermind the PM I sent you. Already found what I was looking for on the first page of this thread.

Thanks again you all.
  • #4,278
  • Feb 2, 2009 6:47pm Feb 2, 2009 6:47pm
Looks like we will have a new surprise in the next days, I'm testing the modification that PeterD have done on the divergence detection and seems like it works well.

I will check it out now in realtime and if everything works well we replace it for the actual Trix indicator in the next days.

well done Peter
  • #4,279
  • Feb 2, 2009 7:20pm Feb 2, 2009 7:20pm
Quoting cobraforex
Looks like we will have a new surprise in the next days, I'm testing the modification that PeterD have done on the divergence detection and seems like it works well.

I will check it out now in realtime and if everything works well we replace it for the actual Trix indicator in the next days.

well done Peter

Are you trying to say:


.........................if everything works well we replace the actual Trix indicator for it the next days ??????
  • #4,280
  • Feb 2, 2009 7:26pm Feb 2, 2009 7:26pm
Quoting Freddyfx
Are you trying to say:


.........................if everything works well we replace the actual Trix indicator for it the next days ??????
I was thinking the same thing - just hope it's a divergence add-on TO the trix - but, I dunno

Seer
Pip what you see; See what you pip!
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