Don't thank me, thank Cobra, he is the one that originated the THV system.
I am here just to help...
Peter
We all are looking forward to new ideas you have.
- #4,781
- Feb 4, 2009 11:38am Feb 4, 2009 11:38am
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
We all are looking forward to new ideas you have.
- #4,782
- Feb 4, 2009 11:39am Feb 4, 2009 11:39am
- Joined May 2006 | Status: Still here. | 2,602 Posts
For the newbies, can you please post/copy/paste some easy understandable English strategy MM to use for such an account. Pip value is 0.01 lot = $0.10
1. You can first of all download the Excel file "FxCal" which is in the attachments (paper clip top right) of this thread.
It will give you the exact prices at which to set your stoploss and TP according to % risk, entry price, balance and R/R ratio.
2. Never use more than a 2% risk, better 1% risk of your EQUITY. What does this mean?
In the above example, $100 = $2 or $1 risk.
With a $0,10 per pip (0,01 lots) that would be 20 pips or 10 pips.
If your EQUITY (not your balance) increases, recalculate accordingly.
3. Use the stoploss indicator that comes with the THV3 system (300*ATR (20) depending on the timeframe, and trade on the timeframe that better matches your risk level.
I guess that would be all.
- #4,784
- Feb 4, 2009 11:42am Feb 4, 2009 11:42am
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
You do what you need to Cobra. Like Freddy says, we really have the tools we need to trade. Enhancements are great but we can wait. The pips can wait. We realize you do have a life outside the thread.
Without the THV team all this wouldn't work like it does, you guys and Doblece are making this thread to what it is, thanks a million.
- #4,785
- Feb 4, 2009 11:51am Feb 4, 2009 11:51am
- Joined May 2006 | Status: Still here. | 2,602 Posts
The latest version (I sent to Cobra), has the option to NOT show the divergence on 1M chart, so users who don't like to show it on 1M chart would be able to keep it that way (this is the default settings).
I am thinking about adding sound alerts as well. I'll see if I have the time.
Peter.
One additional request (which you might already have corrected on the last one to Cobra): can you check in the external settings to have it say "trixcross.wav" instead of "Trix Cross.wav"?
Sound alerts: Both pop up alerts and sound alerts can't work together in an indicator, I guess that the best way to get a sound alert instead of the "bling" (and provided people don't need the platform's "alert.wav" for any other function) would be to record the sound alert of their choice and name it "alert.wav" (saving the other one under another name just in case).
The other way would just be for you to replace all the "Alerts" lines with a Playsound ("xxxxx.wav") but I think the above is much easier for everybody and no need to change the code.
This is what I am going to do myself (the first option), anyway it is easy to recognize if the divergence is classical (continuous line) or reverse (dotted line), bullish (aqua) or bearish (orange red), so I have no need for the pop up but maybe people do so it's better that way.
Oh and thank you VERY MUCH Peter for your excellent job and dedication to help us with THV3 !!!
Trix is the core, and now with the divergence it's the center of the pips universe!
- #4,787
- Edited 12:10pm Feb 4, 2009 12:06pm | Edited 12:10pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
how can i change color of thv3 trend (color red and green is too close) fire brick to mediumvioletred. if change color, it changes back to firebrick as i move to different time frame.
thank you
To everyone else: PLEASE, if you should need a cosmetic modification of any of the indicators, just SEND ME A PM.
There are way too many posts and it will be much easier to me to remember and find out who asked for what
Thank you!
Edit: Here's the MediumVioletRed trend. Just delete the _MVR part of the name before substituting it in your indicators folder.
- #4,795
- Feb 4, 2009 12:50pm Feb 4, 2009 12:50pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
- #4,796
- Feb 4, 2009 12:51pm Feb 4, 2009 12:51pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
Here is how I keep track of what is going on within THV:
Soon running out of space, I'm afraid...
- #4,798
- Feb 4, 2009 12:56pm Feb 4, 2009 12:56pm
- Joined Oct 2007 | Status: Pip Seer | 1,299 Posts
Seems to be a sticky point for PA. Which is also this fibs 23.6% level on this 4 hour chart. Obviously, follow our THV; but, at some point there WILL be an opportunity to fill our pip baskets.
at least; this is what I 'see.'
at least; this is what I 'see.'
Pip what you see; See what you pip!
- #4,800
- Feb 4, 2009 1:03pm Feb 4, 2009 1:03pm
- Joined Jul 2007 | Status: Trader | 1,305 Posts
There are basically two versions at the moment on the internet, the one that does NOT do the right job on MT4 and would be a waste of money and one that my other team is using.
Make it easy on yourself, PM or email me and I will get you a way to experience them for yourself.
The combination is proven a killer for me, and I back all up with a COG setup, as my steaks are high
NEVER forget, guys, keep your feet on the ground at ALL times.
Trading live money in forex with an account that does not produce you enough money per month to make it worthwhile is just a waste of time.
A business need to have a plan and needs to grow.
This is not playing a video game.
Make it easy on yourself, PM or email me and I will get you a way to experience them for yourself.
The combination is proven a killer for me, and I back all up with a COG setup, as my steaks are high
NEVER forget, guys, keep your feet on the ground at ALL times.
Trading live money in forex with an account that does not produce you enough money per month to make it worthwhile is just a waste of time.
A business need to have a plan and needs to grow.
This is not playing a video game.