The only stupid questions are the ones that don't get asked.
Listen to the whispers....
You may learn something
- #4,843
- Feb 4, 2009 1:05pm Feb 4, 2009 1:05pm
what? What time is it?
Y'all are too much !!
Listen to the whispers....
You may learn something
- #4,844
- Feb 4, 2009 1:10pm Feb 4, 2009 1:10pm
I'm thinking it must be time for a break...gonna lock the lid on my basket and head on down to the mocha drive in.
I just wanna say, this beats trading in my room all alone...
y'all are good company!
Deprive a man of everything and you give him nothing to lose.
Don't know if this has been answered, but it seems the problem occurs if u have two instances of the trix on the same chart. Simply drag and drop the trix divergence indi over the trix indi on your chart. Then delete the old trix indi - i think you will find the problem disappears
Hope this helps
Pardy
Hope this helps
Pardy
Hello to all members. First of all thanks for this great system and all hard work doing here. Well this is my first post... I am having problem with "THV3 Trix divergence" indi(the last one). Can anyone help me with this indi ?
I tried the other THV3 divergence indies(earlier posted) on this thread and they are showing rather signals.
- #4,849
- Edited 2:13pm Feb 4, 2009 1:53pm | Edited 2:13pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
Hi Doblece,
My first post addressed to you!!
You mention 5 sec charts - is there a period converter or indi that can display charts of less than 1 min on mt4?
Do you use the thv setup on charts less than 1 min?
Thanks
Pardy
2: I can only set the Ichimoku, however I watch the setups on MT4 M1
(I also use other indis which are the base of my own system: SMA34, SMA200 and BBs)
- #4,854
- Feb 4, 2009 2:16pm Feb 4, 2009 2:16pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
I have noticed that having multiple systems creates more problems rather than solve them. You have FX50 and THV system and they are different. I would stick to THV. From my experience this is the best system so far.
The only thing that we did by adding the divergence code based on Fx5 was to try to render the indicator more efficient and ease the trader's job of spotting out and drawing lines on divergences.
The code is based on the Trix indicator, and not the Fx5 system's one (which I think is CCI or Macd or OsMa or whatever).
So it's not "two systems", it's a betterment of THV3
THV3 System also uses Trix divergences in its analysis.
The only thing that we did by adding the divergence code based on Fx5 was to try to render the indicator more efficient and ease the trader's job of spotting out and drawing lines on divergences.
So it's not "two systems", it's a betterment of THV3
btw, I am a big fan.
- #4,856
- Edited 2:50pm Feb 4, 2009 2:36pm | Edited 2:50pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
doblece, thats not what I meant. I saw the indicator on the chart that was giving FX50 traiding signals and I found that mixing multiple systems with those triggers confuses people. It goes back to the conversation we had here related to how many things can a person analyze at the same time (5-7 or so). I found having just the THV3 a better set up. nothing else.
btw, I am a big fan.
In fact, there are several variations of the Fx5 indicator, with different names too: for CCI, Macd, OsMa, Stochs even. And though it might be used in another system, in fact it is one of the standalone indicators that you can find in the Metaquotes Codebase ( http://codebase.mql4.com/1040 ), and developed by Hazem who is one of the Metaquotes community members. So it's not, per se, "a system", nor either FX50 (which you can find here: http://www.forexfactory.com/showthread.php?t=134759 )
I did a search inside the FX50 thread to see if they use the divergence and only in ONE post the word "divergence" is mentioned, in no way related to the above mentioned FX5 indicator.
Maybe you're talking about another FX50 system but this is the one I know about here in FF...
The arrow is in no way a buy or sell indication by itself (though thanks to pointing this out as maybe it isn't obvious enough), it only points at the candle where the Trix divergence has been calculated, which, added to the rest of the analysis alerts, will help in making the decision.
Remember that we are still in pre-release, if I can call it like that, in the sense that as soon as the new system is under public testing, there will always be bugs to fix, ameliorations, or useless things depending on what the overall results will be giving throughout the testing and testimonials of the traders.
So, to summarize:
You get a divergence signal, you check the other parameters.
If not met, there's no trade to take.
If and WHEN ALL MET, trade is valid.
You also can opt not to use the divergence indicator and spot and draw the lines by yourself, this is an optional addition designed to facilitate things for those of us who may have problems identifying the divergences (I am one who usually confuses the reverse bearish with a bullish one and have to go back any amount of times to watch the divergence chart...
)Finally, I hope you are not offended by my tenacious search for the utmost exactitude (I can be a true pain in the back office and especially when I get stubborn about something), my aim is that everyone has at his/her disposal the most truthful information possible so not to get into misunderstandings and useless confusions).
Thank you!
The signal given is an arrow that shows at the moment the divergence is spotted, and signaling if a reverse or classic divergence it is.
In fact, there are several variations of the Fx5 indicator, with different names too: for CCI, Macd, OsMa, Stochs even.
The arrow is in no way a buy or sell indication by itself
this part is what I was talking about
- #4,859
- Edited 3:05pm Feb 4, 2009 2:52pm | Edited 3:05pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
you are not going to give up, are you ?
this part is what I was talking about
Never, that's why I am "still here"
And please can you explain to me in which way the chart you are posting relates in aspect to the signals given by the Divergence addition to Trix in the THV system? Now I'm lost...
What has the TrendCCI and the FxPrime indicator to do with ANY of THV3 signals?
(BYW, "FX5" is Hazem's nickname at Metaquotes, and nothing else. He's not even mentioned either in that FX50 - ex-FxPrime thread...).
- #4,860
- Feb 4, 2009 2:55pm Feb 4, 2009 2:55pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
