THV system, final edition

Hello, Cobra first of all thanks this is a great system .
What`s wrong on my indicators is the same picture that you put on the forum but in my chart is diferent, thanks.

Most probably you are not using the same broker, and different brokers can show different prices and price action.

I respectfully disagree with your position about people who raise irrelevant issues and/or ask questions that have already been answered (perhaps many times), ask how to use MT when they could easily find the answers with a little research or otherwise want someone else to hold their hand(s) while they try to learn how to be a profitable trader in two weeks.

People like Cobra have given and continue to give a lot here at FF. But people like him will eventually get frustrated if they are pestered by others who are not doing their own homework. I have seen it many times at this and other forums; I have personally experienced this phenomenon and know others who don't participate here any longer for this reason. IMO it's only a matter of time before Cobra and his associates leave this thread behind and move on to greener pastures. Some of us belong to a paid membership forum; it's refreshing to visit there to read and/or contribute without having to wade through a lot of extraneous posting. That forum is right on point, in part because it is NOT free to join.

In the meantime, I suggest bagging the juvenile questions and comments and instead focusing on the matter of successful Forex trading. No one else can do the work for you; no one else can make you a profitable and successful trader. You can't learn a new language or get a college degree quickly and easily. Why should the Forex be any different; it's not a fast train to riches. Put in the time, do the work and reap the rewards.....slowly and methodically.

Short at 22.79
1/2 off at 22.60
All out at 22.53
Gonna call it a nite...
Cheers,
PnS...hope you're on board the rally nuan.
Awh, I know you are...

yes the mau took25 down and 25 up
goodnight to you
ill also take a brek for now

I totally agree with BB. There are thousands technical useless issues that can be debated all of the time. But again it is useless. If somebody don't want to read first page and do a quick read the whole thread, so how he can be a trader? Yes it is a lot of read, but forex needs thousands time more effort than read 484 pages!

I truly appreciate what Cashmeer, Nuan, scrutch and anyother talk about the market than people who ask about repaint, EA, mq4 file, or anyelse like those unconstructive topic.

Hi friend... it's my 1st post here .
I have many questions (-:
I do not have much exp. in the 1M TF .
Can we follow the trend also in the 1M TF ?
In #1 , accordind to PA , price did not broke prev H ?
#2 ... Ok accordind PA . Low between DT broke+Div.
#3 & #4 , we jump against the trend.
When exactly do we enter ? At the 1st candle that closes above/bellow the cloud if the Trix allows ?
Is the entry trigger based on the Trix ?
Trix at :
#1... fast cross slow and both above zero
#2 ... fast cross slow & both bellow zero
#3 ... both are green and "away" from the crossover , what is the trigger here ? fast above zero ?
#4 ... Here I can see 3 different situations... did u wait for the crossover , for the zero ?
How do u pesonally set the SL ? according to ATR ? to what is written in the upper left corner ?
What about SL in #4 ? Could have been a looser ?
Cobra , can u explain how do u use the grey cloud ? It's an other filter ?
The grey cloud in # 3 is on the top ... ?
I feel "strage" not looking @ normal candlesticks... How will affect the sys if I don'y look at HA ?
And finally ...TP . Are u out when the price cross and close the blue cloud in the other direction .
Tks
David

Hi David:

On this same chart, please post it with ALL possible trend lines in place. See the difference in perspective after that? As Cobra mentions quite a few times already (and I just joined a month ago) THV is a MANUAL system that needs the brains to work thing out...try it with your trend lines and see if you have this same questions again. Besides Trix divergence play, there are other ways to aid THV and to qualify a trade entry for THV..Take care

By the way, ALL of your questions have already been addressed previously. Please read through the post from page 1. It only took me two FULL days to go through them. Looks like a lot; but it is not.

Have a good one
Jeff

Please I Want To Bring This Problem To The Attention Of Mr Cobra That V3 Indicator On His First Post Is Corrupt, Anytime I Finish Downloading The Indicators The File Is Always Corrupt .........please The File Should Be Examined And Corrected Or Alternative Link To Download The V3 Indicator Provided .....................thanks And Remain Blessed By God Almighty

He does have a good point, Jeff. The file on p1 is corrupt and having voiced his concerns quite articulately I think his questions are well justified. If Cobra is able to help, I am sure it would aid the many newbies in understanding the fundamentals of the system.

Cobra - Excellent system (from my limited experience!). Well done and please, please, please keep up the exceptional work!

Hi Cobra and the gang,

I have just finished reading thru the thread. This is my first post to this thread. Here is just my 2 cents:

1. Obviously a lot of experience, knowledge, passion, goodwill and generosity went into making the THV system and this thread what it is. Thank you very much for everybody who contributed!!!!!
2. IMO this is a workable system but it is still not the holy grail or the elusive "get rich quick" system. By the way, the holy grail and the genuine "get rich quick" system do only exist in "never-never land" and in our pipe dreams. FX trading is a profession and a very difficult one. Remember only about 5% of all that try it ever make a success.
3. There is a lot of workable systems out there (unfortunately there are more scams). But none are "turn-key", meaning just plug it in and it will work for you from day one. You must always first put in the hard yards before you can expect the results. You may subscribe to all the health magazines, have life long membership at all the gyms and have the personal trading program from Mr Universe but if you do not spend enough time in the gym and break the necessary sweat and sacrifice on your eating habits,etc. you are never going to have those six pack abs you are dreaming about.
4. Also, the THV system has been proven to be profitable and workable as it is. You can most probably not make it better by adding more indicators. You can most probably make it better by adding: discipline, focus, experience, chart time and accepting the fact that you will never have a higher success rate than about 70 -75%. So accept that there will be loosing trades (the expenses of trading) and as long as it is not due to ill discipline, breaking the THV system rules or human error, accept it as normal.
5. As my friend Bill Poulus likes to say about trading systems: "Keep it as simple as possible but not simpler" - from ALBERT EINSTEIN. So slow down with the number of indi's you are using.
6. The market and PA is only predictable to a certain extend. At any one point in time the price can any of a number of things: In a lot of cases it will react like it did may times before, some times it will influenced by the big players and do something different, sometimes it will do something radical (like when news come out), sometime it will do nothing (like when news come out), sometimes it will do something different and nobody knows why (although the market commentators are always after the fact ready with a explanation). The point is: in a lot of instances future PA is fairly predictable (if you have the right set of rules (system) to give you an edge) but not always. The trader always form a major part of any system. He brings with him his fears and greed, his discipline or lack thereof his experience or lack thereof, etc etc.
7. Phycology of trading: You will only be able to be profitable with any workable system if you stick to the rules of the system. You will only stick to the rules if you have confidence in the system. You will only have confidence if you believe in the system. You will only believe in it if you have spend enough time studying and trading the system to see for your self that the system indeed work and can be profitable.

That is my take on it. Now I can go and put in the hard yards (screen time) to earn the right to take profit out of the market using the THV.

Thanks everybody for sharing your insight and knowledge.

Boerseun

Huh....?? It wasn't me replying to this Stanstanstan post.

Thank you for such an excellent contribution to the thread, that sums up practically all that we have been striving to convey. Thank you also for the dedication and patience in reading and absorbing the whole thread, which will assuredly be a valuable asset in your further exploration of the system.

A heartfelt welcome in the name of THV team and don't hesitate to post your charts, comments and queries whenever the need arises.

A quick scalp of 18 pips.....and can no longer figure if it is going up/down, or nowhere. Time to rest I think.

Closed the EU trade a while back.

Reading through this thread will be one of the best investments you ever made .. it may not build your abs but it sure will build your bank balance

Do we have bearish div on EURUSD 1H and GBPUSD 1H? Need confirmation from experienced trader. See yellow line on chart.

Good morning Personalme. I think that is hidden bearish divergence on EUR/USD, if anything, but kind of difficult to tell because of that big dip. I'd wait to see if breaks re-test of 2677.

Hello everybody.
Wait and very curiose what will happen soon.
Peter

a nice 200 pips slow crawl uphill