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THV system, final edition

  • #4,461
  • Feb 3, 2009 10:52am Feb 3, 2009 10:52am
Quoting cobraforex
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.
Thanks for the confirmation. Sorry If statement in my earlier post hurted you, it was not an intention, I was just trying to understand the Trix Crossess better.

Thanks again for this wonderful system
  • #4,462
  • Feb 3, 2009 10:56am Feb 3, 2009 10:56am
If I would trade at the moment I would think about a short after break and retest of R3 with SL just some pips (1M ATR Indicator) above the R3.
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  • #4,463
  • Feb 3, 2009 10:56am Feb 3, 2009 10:56am
Quoting Jack Herer
here it is, not the most beautiful H&S, but I guess we'll find out very soon
What I see is that price is confriming Psich level 1.3000 and going t least to MR4, before retrace. Ther is short term retrace divergence but still a long term up trend in the trix. And the HAS in 1 Hr TF is strong.

Only if the Long term Trend on the Trix brakes we should think in Shorts.

Is the way I see.

Not an expert, only learning and sharing my point of view.

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200155[/ATTACH][/ATTACH]
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  • #4,464
  • Feb 3, 2009 10:59am Feb 3, 2009 10:59am
Quoting hajots
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.
I have the same demo and you're right, though it only happens above H1, that is, I have the same values from M1 up to H1 then on H4 and above it varies, I hadn't noticed because I don't set the pivots to show on those timeframes (they get too scrambled on the view).
  • #4,465
  • Feb 3, 2009 10:59am Feb 3, 2009 10:59am
Quoting karun
Thanks for the confirmation. Sorry If statement in my earlier post hurted you, it was not an intention, I was just trying to understand the Trix Crossess better.

Thanks again for this wonderful system
don't worry, better ask 2 times, important is that you get it.
  • #4,466
  • Feb 3, 2009 11:05am Feb 3, 2009 11:05am
Quoting ThinkFX
What I see is that price is confriming Psich level 1.3000 and going t least to MR4, before retrace. Ther is short term retrace divergence but still a long term up trend in the trix. And the HAS in 1 Hr TF is strong.

Only if the Long term Trend on the Trix brakes we should think in Shorts.

Is the way I see.

Not an expert, only learning and sharing my point of view.
And the hourly candle closed above 1.30

No trades for me unless there are good confirmations. Signals are too mixed.
  • #4,467
  • Feb 3, 2009 11:11am Feb 3, 2009 11:11am
Cobra,

Just to understand what you said about entering before Trix crossing.

In the picture bellow, I wait to enter only when the Trix coressed, but I was pretty sure that it was a good entry signal when the Trix turned green and we had PA retesting the coral.

I'd like to have your opinion, there are a lot of PIPs there....

Thx a lot for your system, and your pacience helping us to learn.

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  • #4,468
  • Feb 3, 2009 11:12am Feb 3, 2009 11:12am
Greetings all...

In the last two sessions I have experienced that divergence in the 15 min chart, confirmed, yields great results in the 5 min and 1 min...yesterday and today were two great examples...

I remember Cobra saying that divergence indicators were not entirely accurate and or they were, in some cases, too slow...

I do appreciate Peters effort and maybe this will help a lot of people.

Here is an example of a divergence that was not plotted by the indicator and was the beginning of the large bull run for the day...

What do y'all think...I was thinking of just plotting it out myself to train myself to "see" the divergence...

I don't mean any disrespect...just a thought and an observation.
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Deprive a man of everything and you give him nothing to lose.
  • #4,469
  • Feb 3, 2009 11:12am Feb 3, 2009 11:12am
I replaced the trix with the trix divergence. This is what I got.
What' wrong with this picture?
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  • #4,470
  • Feb 3, 2009 11:16am Feb 3, 2009 11:16am
Quoting Gofer Pips
I replaced the trix with the trix divergence. This is what I got.
What' wrong with this picture?
that's not divergence...or is it ?! That divergence is "hidden", see !!
Deprive a man of everything and you give him nothing to lose.
  • #4,471
  • Feb 3, 2009 11:16am Feb 3, 2009 11:16am
Gofer, don't let that caveman touch your computer any more!

I think you may have to wait for the screen to draw. Could take a few minutes.
  • #4,472
  • Feb 3, 2009 11:19am Feb 3, 2009 11:19am
Quoting cashmeer
that's not divergence...or is it ?! That divergence is "hidden", see !!

A little more hidden than I prefer!
  • #4,473
  • Feb 3, 2009 11:23am Feb 3, 2009 11:23am
Quoting personalme
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.
It's on its way, as soon as we have the time to update the manual
  • #4,474
  • Feb 3, 2009 11:26am Feb 3, 2009 11:26am
Quoting bythepound
I agrree - it's too risky. I posted a chart that shows three possible entries to go short based on the fast TRIX turning red, while the slow TRIX was still green, and no cross. You would hav been wacked all theee times.
From visual inspection of a few days worth of charts, a good compromise is entry on change of fast trix color but ONLY in the direction of the coral. In your example this would have filtered out the three losers and given better entries on the longs. I'm going to possibly trade this way, will be posting it in my journal - to come soon!
  • #4,475
  • Feb 3, 2009 11:30am Feb 3, 2009 11:30am
Quoting TradeWell
Gofer, don't let that caveman touch your computer any more!

I think you may have to wait for the screen to draw. Could take a few minutes.
How long is a few minutes?
Oddly the trix looks like a cobra rearing it's head!

PATIENCE!!!
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  • #4,476
  • Feb 3, 2009 11:31am Feb 3, 2009 11:31am
Quoting Gofer Pips
How long is a few minutes?
Oddly the trix looks like a cobra rearing it's head!

PATIENCE!!!
Perhaps close and restart MT4, or your whole system if that doesn't do it.
  • #4,477
  • Feb 3, 2009 11:32am Feb 3, 2009 11:32am
someone tell me is this a bullish divergence, please.
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  • #4,478
  • Feb 3, 2009 11:37am Feb 3, 2009 11:37am
Quoting TradeWell
Perhaps close and restart MT4, or your whole system if that doesn't do it.
Took it off, put the original back on, and will do divergence the old-fashioned way.......Draw it.
  • #4,479
  • Feb 3, 2009 11:38am Feb 3, 2009 11:38am
i guess it wasn't bullish
  • #4,480
  • Feb 3, 2009 11:39am Feb 3, 2009 11:39am
Quoting doblece
I have the same demo and you're right, though it only happens above H1, that is, I have the same values from M1 up to H1 then on H4 and above it varies, I hadn't noticed because I don't set the pivots to show on those timeframes (they get too scrambled on the view).
I deleted MT4 from my computer, installed everything new and now the problem is gone.
Could be the data feed, the software or some remainders from previous indicators etc.

Thanks anyway, Doblece
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