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THV system, final edition

  • #4,441
  • Feb 3, 2009 10:21am Feb 3, 2009 10:21am
Quoting Rastaman
Interesting system.

However the Coral does not seem to be very intuitive and a regular Slope Direction Line with the input of 30. 3, 0 seems to be somewhat more accurate.
we tried every MA you can imagen (there are about 15 different) but we always came back to the coral.

Try it by yourself.
  • #4,442
  • Feb 3, 2009 10:21am Feb 3, 2009 10:21am
I'm feeling very ON today

made lot of pips scalping on 1M with very tight SL (high pip value)

this new trix is amazing

however I'm not trading this time, I see divergence, not being respected btw, and we are in overbought territory.

anyone seeing the possible H&S on 4H? I think we may be seeing the peak of the right shoulder right now...
  • #4,443
  • Feb 3, 2009 10:21am Feb 3, 2009 10:21am
Quoting doblece
There are two settings: the one you mention AND Destination_HrsNewTzFromGMT.

Both should be the same (to each their own setting) on all charts.
Thanks doblece I use 0, 0 on all charts, but the pivot levels are not the same
  • #4,444
  • Feb 3, 2009 10:22am Feb 3, 2009 10:22am
Trix divergence indicator seems to be working well.
  • #4,445
  • Feb 3, 2009 10:24am Feb 3, 2009 10:24am
Quoting karun
You did not take #1 or #2?. Also, can we take the #2 trade? or the cross like that should only be near zero line for a valid entry?

Thanks
I didn't take the second trade, the first was great and that is why I'm posting actually. My trading book is filled for today and the trading room is closed.

The second trade was showing divergence and also was in O/B Trix zone, just didn't like it, there are better oportunities.
  • #4,446
  • Feb 3, 2009 10:24am Feb 3, 2009 10:24am
Special Ed,

I went to bed when you gave answer.

Thanks a Lot.

I will be posting my trades, and thinking (FX) about the System.




Quoting SpecialEd
Looks like you've been THINK(ing)FX. Very nice trades and well illustrated charts. I see the trendline helped you to focus a lot. We all use them on various TFs. You even caught divergence and were smart enough to put the brakes on at the pivot. Nice job. THV at work!
  • #4,447
  • Feb 3, 2009 10:26am Feb 3, 2009 10:26am
Quoting doblece
Some Brokers Time:
IBFX, ODL = GMT
ALPARI = GMT +1
FXDD, FXPRO, Ikon Royal, Windsor = GMT +2
FxSol, Altrade, AFB = GMT +3
I can't edit my above post anymore, so please find here the corrections, and if you need to see the table for SDX Pivots settings, just click on the small blue arrow in the quote...
  • #4,448
  • Feb 3, 2009 10:28am Feb 3, 2009 10:28am
Quoting hajots
Thanks doblece I use 0, 0 on all charts, but the pivot levels are not the same
Are you checking different TFs on a same platform? or on different MT4? Prices among brokers may vary and thus change the results. Which is your broker?
  • #4,449
  • Feb 3, 2009 10:28am Feb 3, 2009 10:28am
Quoting Jack Herer
I'm feeling very ON today

made lot of pips scalping on 1M with very tight SL (high pip value)

this new trix is amazing

however I'm not trading this time, I see divergence, not being respected btw, and we are in overbought territory.

anyone seeing the possible H&S on 4H? I think we may be seeing the peak of the right shoulder right now...
That's great Jack. Not every day is on, so good to get the pips when you are.

BTW, I don't see the H&S. Can you post your chart?
  • #4,450
  • Feb 3, 2009 10:29am Feb 3, 2009 10:29am
I am new to trading and I am trading gold and crude only, so many systems I tried but got confident by your system. But I hv some doubts also.

Today fully I tested and some times THV sonic slope giving correct entry and some times THV3 trend giving correct entry and because of this I am getting confuse about entry and exit, here I attached my current chart and first buy entry is given by thv3 trend and exit and sell entry is given by sonic slope and again exit and buy entry is given by sonic slope and exit and sell entry given by thv3 trend and buy entry given by thv3 trend this time sell entry given by both and buy entry given by thv3 trend and sell entry given by thv3 trend. So kindly clarify which one is best and if possible can u modify thv3 according to sonic slope bcos thv3 is giving signal little earlier.
Attached Image
  • #4,451
  • Feb 3, 2009 10:29am Feb 3, 2009 10:29am
Quoting Jack Herer
however I'm not trading this time, I see divergence, not being respected btw, and we are in overbought territory.

anyone seeing the possible H&S on 4H? I think we may be seeing the peak of the right shoulder right now...
yes Jack, everything is screaming for a retrace, let's wait for a valid confirmation
  • #4,452
  • Feb 3, 2009 10:31am Feb 3, 2009 10:31am
Quoting cobraforex
I didn't take the second trade, the first was great and that is why I'm posting actually. My trading book is filled for today and the trading room is closed.

The second trade was showing divergence and also was in O/B Trix zone, just didn't like it, there are better oportunities.
I just watched both , didnt trade either, However did a quick scalp on 1M for about 11 pips, could have been 5 pips more, but trailing stop took me out of it, still +11 is good for me.

Now, may be my second question was not clear . I'll try to rephrase it
Is #2 a valid setup ? or the cross like that should only be near zero line for a valid entry? if a cross like that happens above that Trix high line and PA goes up and up what we do?

Thanks
  • #4,453
  • Feb 3, 2009 10:34am Feb 3, 2009 10:34am
Quoting doblece
I can't edit my above post anymore, so please find here the corrections, and if you need to see the table for SDX Pivots settings, just click on the small blue arrow in the quote...
Doblece, I think it's better way to put your complete explanation about the market hours, broker's time zone, Pivot time to GMT and other hours related questions on the manual. So it won't make you repeat over and over. You're a very patient lady. But with hundreds new users read this thread, there will always same questions in the future.
Manage your risk accordingly and you're half done your home work.
  • #4,454
  • Feb 3, 2009 10:35am Feb 3, 2009 10:35am
Quoting prasath2008
I am new to trading and I am trading gold and crude only, so many systems I tried but got confident by your system. But I hv some doubts also.

Today fully I tested and some times THV sonic slope giving correct entry and some times THV3 trend giving correct entry and because of this I am getting confuse about entry and exit, here I attached my current chart and first buy entry is given by thv3 trend and exit and sell entry is given by sonic slope and again exit and buy entry is given by sonic slope and exit and sell entry given by thv3 trend and...
the sonic is hardly repainting that's why I gave up with him.
But if you like you can use any of them.

I don't rely on none of them, in my privat chart I don't have any, only the trix and main chart, less stuff to observe give me a better view on the PA.

It's more a confirmation tool.
  • #4,455
  • Feb 3, 2009 10:38am Feb 3, 2009 10:38am
Quoting TradeWell
That's great Jack. Not every day is on, so good to get the pips when you are.

BTW, I don't see the H&S. Can you post your chart?
here it is, not the most beautiful H&S, but I guess we'll find out very soon
Attached Image (click to enlarge)
Click to Enlarge Name: has.gif Size: 26 KB
  • #4,456
  • Feb 3, 2009 10:41am Feb 3, 2009 10:41am
Quoting Jack Herer
here it is, not the most beautiful H&S, but I guess we'll find out very soon
Thanks, I guess it didn't stand out for me.
  • #4,457
  • Feb 3, 2009 10:42am Feb 3, 2009 10:42am
I think I should have more confidence on my TL drawings. I just keep watching the charts, than trading . Could have been good for atleast 30+ pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1mtl.gif Size: 40 KB
  • #4,458
  • Feb 3, 2009 10:46am Feb 3, 2009 10:46am
Quoting karun
I just watched both , didnt trade either, However did a quick scalp on 1M for about 11 pips, could have been 5 pips more, but trailing stop took me out of it, still +11 is good for me.

Now, may be my second question was not clear . I'll try to rephrase it
Is #2 a valid setup ? or the cross like that should only be near zero line for a valid entry? if a cross like that happens above that Trix high line and PA goes up and up what we do?

Thanks
like I said before, I didn't like it because PA was in O/B zone, also I prefere a re-entry if the fast trix still didn't break the slow one.

If I would need to code an EA I would exclude a trade like that.
  • #4,459
  • Feb 3, 2009 10:50am Feb 3, 2009 10:50am
Quoting TradeWell
Thanks, I guess it didn't stand out for me.
yeah, I know what you mean, I have this problem noticing candlesticks patterns

take a look ate the possible head, strong resistence around 1.3327, double top there

watching closely to see if middle wall of the channel will hold the bulls
  • #4,460
  • Feb 3, 2009 10:51am Feb 3, 2009 10:51am
Quoting doblece
Are you checking different TFs on a same platform? or on different MT4? Prices among brokers may vary and thus change the results. Which is your broker?
yes different TFs on same platform, same instance of MT4. Even if I switch TFs in one chart I get different pivot levels.
It is a demo account with Alpari.
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