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THV system, final edition

  • #5,041
  • Feb 5, 2009 12:53pm Feb 5, 2009 12:53pm
Quoting svlad1983
Hi THVers,

i found a strange thing about sessions indicator. Once NY session finishes it shows that Sydney session starts right away, but I think that Sydney starts 2 hours later after the end of NY... did anyone notice that also?


cheers
sergey
New Zealand starts at that hour, you are right.

to get the real Sydney session you need to set the session time to 24 and it shows the correct opening, I've done so because NZ isn't very relevant.

BTW: where is everybody gone, somewhere a party with free Guinness beer that I'm missing?
  • #5,042
  • Feb 5, 2009 1:04pm Feb 5, 2009 1:04pm
Quoting txtaz
Just had dual knee replacement and can't really do anything but trade. That's ok though because I'm making money with this system. Need to find a way to attach my laptop to my wheelchair and then I'll be rolling.
wow, great that you found a way to pass the time doing something that you like.

Take some time as well to study as much as you can, in Forex no never study too much, even if you are already a profitable trader.
  • #5,043
  • Feb 5, 2009 1:05pm Feb 5, 2009 1:05pm
Quoting cobraforex
BTW: where is everybody gone, somewhere a party with free Guinness beer that I'm missing?
I noticed that as well. I need to eat, I've been saying that I'm hungry for hours....my stomach is starting to digest itself!

If you find the party, let me know!! I'll bring some pizza!
Deprive a man of everything and you give him nothing to lose.
  • #5,044
  • Feb 5, 2009 1:09pm Feb 5, 2009 1:09pm
Doblece, I have gotten the ATR to work, still fiddling with the coral, what about the cloud? Where do I get it? Thanks, Delage
  • #5,045
  • Feb 5, 2009 1:18pm Feb 5, 2009 1:18pm
You know i've been thinking,what would happen if all the traders (big and small) in the world were to use this system, would it really work?
  • #5,046
  • Feb 5, 2009 1:22pm Feb 5, 2009 1:22pm
Quoting cobraforex
wow, great that you found a way to pass the time doing something that you like.

Take some time as well to study as much as you can, in Forex no never study too much, even if you are already a profitable trader.
I agree completely. Slowly finding my way along to profitability. Using this system I've already gained 10% this month. I use trendlines and S/R to validate trades as well. Thanks for all the assistance. Keep up the great work. I'll be here.
txtaz
  • #5,047
  • Feb 5, 2009 1:29pm Feb 5, 2009 1:29pm
Hey Cash...see you have a new signature. Congrats, you well deserve this.

I'd like to share a thought of how I keep track of regular and hidden divergence.
Keep in mind the Dow theory of drawing trendlines:
Connect higher lows for an uptrend is correctly drawn.
Connect lower highs for a downtrend is correctly drawn.

Keep in mind that the trendlines always need to be drawn on the same side:
If the trendline is drawn above the price it needs to be drawn above the oscillator.
If the trendline is drawn below the price it needs to be drawn below the oscillator.

If the trendline is drawn incorrectly on price and correctly on the oscillator, then it's regular divergence:
Incorrectly connecting lower lows on price is regular bullish divergence.
Incorrectly connecting higher highs on price is regular bearish divergence.
If the price trendline is drawn incorrectly then it's regular divergence and price *should* move in the opposite direction of the price tendline.

If the trendline is drawn correctly on price and incorrectly on the oscillator, then it's hidden divergence:
Correctly connecting higher lows on price is hidden bullish divergence.
Correctly connecting lower highs on price is hidden bearish divergence.
If the price trendline is drawn correctly then it's hidden divergence and price *should* move in the same direction of the price trendline.

It's a bit hard to get a grasp on at first...I hope this helps and makes sense to some.
Given enough screen time it begins to make sense.
Listen to the whispers.... You may learn something
  • #5,048
  • Feb 5, 2009 1:38pm Feb 5, 2009 1:38pm
Hey SpecialEd, where are you?

Your neighbors on the right hand side (yeah, the ones with the old rosty chevy) sent me this photo of your backyard.

I didn't know that you are working in arts now, I thought you where busy with trading?
Attached Image
  • #5,049
  • Feb 5, 2009 1:39pm Feb 5, 2009 1:39pm
Delage, the Ichimoku cloud is within the THV v3 template. If you have the template just put in on your charts and you will have the 'cloud'.
Hej.
  • #5,050
  • Feb 5, 2009 1:46pm Feb 5, 2009 1:46pm
Quoting Scrutch
Hey Cash...see you have a new signature. Congrats, you well deserve this.

I'd like to share a thought of how I keep track of regular and hidden divergence.
Keep in mind the Dow theory of drawing trendlines:
Connect higher lows for an uptrend is correctly drawn.
Connect lower highs for a downtrend is correctly drawn.

Keep in mind that the trendlines always need to be drawn on the same side:
If the trendline is drawn above the price it needs to be drawn above the oscillator.
If the trendline is drawn below the price it needs to be drawn...
to remember all you have said i simply keep a printed picture showing the different divergence patterns http://www.forexfactory.com/images/icons/icon14.gif
  • #5,051
  • Feb 5, 2009 1:47pm Feb 5, 2009 1:47pm
Quoting Delage
Doblece, I have gotten the ATR to work, still fiddling with the coral, what about the cloud? Where do I get it? Thanks, Delage
Hi Delage

Why you try to make easy thing complicate?

Just go the the first page and download the V3 file, follow the instructions in the manual and you are done with the latest update.
  • #5,052
  • Feb 5, 2009 1:54pm Feb 5, 2009 1:54pm
Quoting Delage
Doblece, I have gotten the ATR to work, still fiddling with the coral, what about the cloud? Where do I get it? Thanks, Delage
If you're having so much problems with the indicators, why don't you try redownloading the whole package (and add the new ATR I posted later on) so you have the most up to date template? Maybe some other are missing and thus it is better to do the whole job anew.

Oops Cobra, double posting again haha sorry... better two than none, though
  • #5,053
  • Feb 5, 2009 1:55pm Feb 5, 2009 1:55pm
Quoting Mr Green
to remember all you have said i simply keep a printed picture showing the different divergence patterns http://www.forexfactory.com/images/icons/icon14.gif
Picture is great...if you can't find picture just remember that:
Simplified version;
If you are drawing a correct price trendline then it's hidden divergence.
If you are drawing an incorrect price trendline then it's regular divergence,
and the price trendline and the oscillator trendline need to be on the same side. Cheers
Listen to the whispers.... You may learn something
  • #5,054
  • Feb 5, 2009 1:57pm Feb 5, 2009 1:57pm
Quoting Scrutch
Picture is great...if you can't find picture just remember that:
Simplified version;
If you are drawing a correct price trendline then it's hidden divergence.
If you are drawing an incorrect price trendline then it's regular divergence,
and the price trendline and the oscillator trendline need to be on the same side. Cheers
Picture is inside the THV3 Manual.
  • #5,055
  • Feb 5, 2009 1:58pm Feb 5, 2009 1:58pm
I saved all package of THV v3, and inside in that folder is included the THV Coral and I did all steps for saving in the folders of my program files MT4. But when I open the MT4 platform, it isn't showing the Coral. I've tried dragging the indicator to the main windows several times, and nothing!... someone can help me?...
  • #5,056
  • Feb 5, 2009 2:07pm Feb 5, 2009 2:07pm
Quoting Baqtrader
I saved all package of THV v3, and inside in that folder is included the THV Coral and I did all steps for saving in the folders of my program files MT4. But when I open the MT4 platform, it isn't showing the Coral. I've tried dragging the indicator to the main windows several times, and nothing!... someone can help me?...
Re-download the updated V3.zip.
You should have inside the Coral and the THV T3.ex4.
  • #5,057
  • Feb 5, 2009 2:09pm Feb 5, 2009 2:09pm
Quoting Baqtrader
I saved all package of THV v3, and inside in that folder is included the THV Coral and I did all steps for saving in the folders of my program files MT4. But when I open the MT4 platform, it isn't showing the Coral. I've tried dragging the indicator to the main windows several times, and nothing!... someone can help me?...
I bet you did wrong, these two files are in the latest zip folder and there is no reason that it shouldn't work.

Haha CC, now you got me, but as you said, better twice than none, lol.
Attached File(s)
File Type: ex4 THV3 Coral.ex4   16 KB | 840 downloads
File Type: ex4 THV3 T3.ex4   4 KB | 789 downloads
  • #5,058
  • Feb 5, 2009 2:16pm Feb 5, 2009 2:16pm
Nice and quick
Attached Image (click to enlarge)
Click to Enlarge Name: nice move.gif Size: 31 KB
txtaz
  • #5,059
  • Feb 5, 2009 2:17pm Feb 5, 2009 2:17pm
yep, the signals where clear, nice trade
  • #5,060
  • Feb 5, 2009 2:17pm Feb 5, 2009 2:17pm
have you guys seen a good trade on the m5. i haven't seen it yet. is it just me? no trades today so far.
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