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THV system, final edition

  • #6,861
  • Feb 25, 2009 10:59pm Feb 25, 2009 10:59pm
Quoting ForexTrader1
I thought you said you dont visit the forum when you trade ;-) is this becoming an addiction ? :nerd:
Yep...I did say that, this was an exception and I mentioned that I was breaking my primary rule. However I was getting a bit of help so it seemed like I could step on the other side of the line here but it did feel a bit uncomfortable. Can't say it will never happen again but it's certainly not my style, but hey, neither is trading the EJ. Gona have to give that some serious consideration. Gona take a nap now and wait for the to crow.
Cheers, Night all.
Listen to the whispers.... You may learn something
  • #6,862
  • Edited 11:14pm Feb 25, 2009 11:02pm | Edited 11:14pm
Quoting ForexTrader1
it looks like this is one of the strategies that you use. What would you estimate (rough estimate) the winning percentage is for this risky strategy ?
I don't have a register for that but I would say about 50/50.

What is interesting is the risk/reward, I use ultra short mental SL.

BTW: I wouldn't try this in hard rock (the London session)
  • #6,863
  • Feb 25, 2009 11:28pm Feb 25, 2009 11:28pm
sell at 50 out at 25
will go for lunch
see you later
Attached Image (click to enlarge)
Click to Enlarge Name: 22.gif Size: 83 KB
  • #6,864
  • Feb 26, 2009 12:29am Feb 26, 2009 12:29am
Quoting Alan_D
I hate to be "that guy" that asks stupid questions, but what do the divergence lines tell me, or where can I find what this alert/ lines on my chart are telling me. I looked thru the posts but maybe I just missed it? Thanks for helping me along!!
Here is the link to simple charts explaining it. This link was originally posted on this thread by Cobra.

http://www.forexfactory.com/attachme...5&d=1228757312
  • #6,865
  • Feb 26, 2009 12:42am Feb 26, 2009 12:42am
Beautiful hidden divergence play, Nuancom. Could you briefly explained the rationale of that 'blue line' that overlays the Trix please? I think that's the RSX right? Is this indicator part of the 'package' of THV as I see a THV RSI indicator on the analysis folder? Thanks in advance.

Jeff

Quoting nuancom
sell at 50 out at 25
will go for lunch
see you later
~*~You are only one trade away from humility~*~
  • #6,866
  • Feb 26, 2009 12:47am Feb 26, 2009 12:47am
Hello friends .
Yesterday i coded a little indi witch can track your account activity, pips loss gain, % etc etc...It is usefull you can attach it to one chart and will track down in real time all the activity while it run, and almost not consume CPU at all...

I made a lot of PHP and JAVA...But it is the first thing i code in metaquote...So if you find a bug do not hesitate to tell me. I know it has nothing to do with TVH trading, but i wanted to share with you as everybody is so friendly here .
Attached Images
Attached File(s)
File Type: mq4 Alex_account_sentry.mq4   24 KB | 811 downloads
  • #6,867
  • Feb 26, 2009 12:47am Feb 26, 2009 12:47am
Quoting SpecialEd
Ofert, there are alerts for THV Coral (upper window) and Trix indicator (lower window). In MT4 menu, go to View/Indicators, hilite one at a time and click Edit. Then go to the Inputs tab. You will see alerts, probably labeled True. Just reset them to False and you've turned them off.

Remember, there are alerts associated with both the Coral indicator and the THV Trix indicator.

Good luck.

Thanks for the quick answer. I saw all the controls and tried several options, I can't seem too find the one who is controlling the "Analyze Exit" (which I want to turn off)
And I can't find the one who is controlling the Divergence alarm (which is great and gives nock out signals) but there is no alarm and I miss most of the trades.

Is there a way to control it through the system or another indicator?

Thanks
  • #6,868
  • Feb 26, 2009 12:50am Feb 26, 2009 12:50am
Hi Alex:

Thank you for your sharing. Just great, will let you know if there's any 'hiccup' on it. Take care.

Have a good one
Jeff

Quoting dutch45612
Hello friends .
Yesterday i coded a little indi witch can track your account activity, pips loss gain, % etc etc...It is usefull you can attach it to one chart and will track down in real time all the activity while it run, and almost not consume CPU at all...

I made a lot of PHP and JAVA...But it is the first thing i code in metaquote...So if you find a bug do not hesitate to tell me. I know it has nothing to do with TVH trading, but i wanted to share with you as everybody is so friendly here .
~*~You are only one trade away from humility~*~
  • #6,869
  • Feb 26, 2009 1:18am Feb 26, 2009 1:18am
Quoting cobraforex
that can happen in extreme dead markets like we have now.

Look at the 3 clouds, they are overlayed, but we can get a breakout soon and the Trix will normalyze itself.

BTW, this is 1M
Thanks. Were there any software updates in the past hundreds of pages? Since its over 450...and that would take some time to check...
  • #6,870
  • Feb 26, 2009 1:19am Feb 26, 2009 1:19am
Quoting nuancom
sorry lost connection very bad the last couple of days
on ej i just keep an eye on this levels after i read somevare that japanese traders
are placing orders around this levels
heres a chart with grid 25
Did yuu add each of those lines manually? Because I can't find a way to edit the grid lines.
  • #6,871
  • Feb 26, 2009 1:26am Feb 26, 2009 1:26am
Quoting ofert
Thanks for the quick answer. I saw all the controls and tried several options, I can't seem too find the one who is controlling the "Analyze Exit" (which I want to turn off)
And I can't find the one who is controlling the Divergence alarm (which is great and gives nock out signals) but there is no alarm and I miss most of the trades.

Is there a way to control it through the system or another indicator?

Thanks
Ofert, according to the manual, this is when the "Analyze Exit" sounds, "
The Analyze Exit (not shown here but direct above the Analyze Sell label in yellow) on color change of the faster Trix line."

That tells me that the ability to turn on/off has to be in THV3 Trix v4.01 indicator. I would try turning off the alert for "Alert on Slope Change".

Cobra or Doblece, am I on the right track?
Up or down, gimme a ticket
  • #6,872
  • Feb 26, 2009 1:28am Feb 26, 2009 1:28am
Quoting Andrej
Thanks. Were there any software updates in the past hundreds of pages? Since its over 450...and that would take some time to check...
Andrej - The most current template is on page one. If you want some of the other indy's - click on the paperclip in upper right corner of any page for attachments. Then click "Hide attachment images" that will make it easier for you to go through the other stuff.
Pip what you see; See what you pip!
  • #6,873
  • Feb 26, 2009 1:50am Feb 26, 2009 1:50am
Just to show the importance to utilize trend line breaks and pattern analysis to scalp trade the Eur/Usd. Divergences and Hidden Divergence plays are extremely important in this system. If they are being used in the right junctures of the market. Even for the 1-min time frame, one needs to be patient to let the setups play out before committing yourself. Let the trade setups come to you naturally. For 'shakeouts pattern', please refer to my previous postings. Probability of success of the said pattern is very high. Hope this helps. Take care

Have a good one
Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: EUR THV 02262009 (i).jpg Size: 172 KB
~*~You are only one trade away from humility~*~
  • #6,874
  • Feb 26, 2009 1:54am Feb 26, 2009 1:54am
Quoting SpecialEd
Ofert, according to the manual, this is when the "Analyze Exit" sounds, "
The Analyze Exit (not shown here but direct above the Analyze Sell label in yellow) on color change of the faster Trix line."

That tells me that the ability to turn on/off has to be in THV3 Trix v4.01 indicator. I would try turning off the alert for "Alert on Slope Change".

Cobra or Doblece, am I on the right track?
Exact.
Additionally, the problem with divergences is that very often the alert coincides with any of the Trix sounds so one cancels the other (as they can't sound simultaneously). You can set it to give a pop-up alert instead by setting "sound alert on divergence" (which would trigger the sound) to "false" so the normal alert sound and pop-up window appear instead.
It is explained in the settings of the Trix.
  • #6,875
  • Feb 26, 2009 1:57am Feb 26, 2009 1:57am
Quoting jharteam
Just to show the importance to utilize trend line breaks and pattern analysis to scalp trade the Eur/Usd....
I apologize if the trendlines drawn on your chart were there for another purpose, but just in case, there is no divergence drawn properly both on the indicator and the chart. They should be drawn at the same place (on the same candle level) for each.
  • #6,876
  • Feb 26, 2009 2:02am Feb 26, 2009 2:02am
Quoting Andrej
Did yuu add each of those lines manually? Because I can't find a way to edit the grid lines.
Yes it seems he has added them manually. Grid lines can't be edited.
However, you could use this indicator (which originally is meant to signal psychological levels, but can be set to any price value, so you could use 00, 25, 50 and 75 if you want a 25 pip spacing. It has two additional levels should you need more lines or a different grid, and line color and aspect can be customized).
Attached File(s)
File Type: mq4 SDX-SweetSpots_v4_MP6L.mq4   10 KB | 1,282 downloads
  • #6,877
  • Feb 26, 2009 2:02am Feb 26, 2009 2:02am
Quoting nuancom
long at 50 out at 75
hi..
how do u get arrow in the price chart?

thanks
  • #6,878
  • Feb 26, 2009 2:04am Feb 26, 2009 2:04am
The trend lines drawn on the charts are for triggering for long and short entries. I was thinking of putting the divergences lines on BOTH the candles and the Trix. Yes, I didn't draw the the divergence BOTH on the candles and the indicators; as drawing on the chart may clutter up how to use trend line breaks to gauge entries.

Have a good one
Jeff

Quoting doblece
I apologize if the trendlines drawn on your chart were there for another purpose, but just in case, there is no divergence drawn properly both on the indicator and the chart. They should be drawn at the same place (on the same candle level) for each.
~*~You are only one trade away from humility~*~
  • #6,879
  • Feb 26, 2009 2:06am Feb 26, 2009 2:06am
Quoting jharteam
The trend lines drawn on the charts are for triggering for long and short entries. I was thinking of putting the divergences lines on BOTH the candles and the Trix. Yes, I didn't draw the the divergence BOTH on the candles and the indicators; as drawing on the chart may clutter up how to use trend line breaks to gauge entries.

Have a good one
Jeff
I thought it was something else, indeed. Just checking to be sure
Thanks!
  • #6,880
  • Feb 26, 2009 2:08am Feb 26, 2009 2:08am
i posted a grid indi earlier
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