THV system, final edition

no, that one does not follow automatically the move, it does it in steps and takes profit along the way, but I want to keep the whole lot active till I reach a set TP

Karun, EXACTLY

I see that , optionsnh has posted swissarmy EA, check it out if it does not work out for you, I'll try to write up something for this requirement.

Karun

Hello All

I have been trading in the longer tf looking to fill my book with the least amont of trades and the H1 tf has been working well so far for me.

TJ

TJ.

THAT is the way I am planning to go, as I am far too much glued to these screens and need to start moving more or end up on another planet soon.

Glad you are having these results and will monitor the higher TF also from now on.

By the way, Swiss Army........seems so complicated to me to set.

Freddy I would be happy to help you out with the swiss army if you like the pdf file will give you a lot of info what is nice after you make your trade the manager follows and protects your trade acording to your setup very nice.

TJ

EU being resurrected....

Freddy

in the trade at eurusd .2557 out at .2617 left some on the table but I got my 60p remmember freddy the offer stands in you need any help with the swiss army Well off to bed Good night to all.

TJ

thanks,cobra,the indicator is very useful!

FreddyFX

I found this never tryed it hope it helps, good night.

TJ

I think I should go more often to the bar , was a birthday of the new (may be) major of the town.

If you want to ask why I didn't set a SL see my latest post about candlesticks and market makers

nice pips on gu
ej to whippy finishing the shoulder on the 1h
so maybe we see abreak of dp

EU run up.....nice. I closed out the 6 components of my trade for 944 pips profit, to protect that profit!

Cobra and team,

This is my 1st. posting here. This is one venemous system that you'll have formulated. One thing that I have found is that I will have to change my name to G. Sore Arse ( as though it was not big enough already ).
I have found that sitting in front of a screen waiting for the planets to align is a sure fire way to see setups that are not really there just to get a trade going that then comes and bites you in the arse - the one I mentioned above.
What I am going to suggest may already be a part of the system, if so I have not yet discovered it. Then again not having a clue about programming I am not even sure if it can be done. All the same here is my 2 pips worth.
You have various indicators on your template. I feel sure that various users use them as per trading rules set forth or various other combinations. A couple of pop up windows would be of great help. Window 1 would define one's trade requirements for a given pair and time frame - more later. Window 2 would be triggered by window 1 and would identify the pair that triggered and would be accompanied with a onging audible alarm. I think either Tradestation or Ninjatrader calls it Radar screen. So instead of being glued to the screen one can be glued to whoever or whatever. The added advantage is one takes relevant trades only this time with the planets aligned.
So what should window 1 contain :
1. specify main trading time frame ie. 1min or 5min etc.
2. specify higher time frame
3. Trend change y or n/a
4. fast trix same color as trend y or n/a
5. candle same color as trend y or n/a
6 candle out of cloud y or n/a
etc. etc.
y means that you want this to apply to your trading
n/a means that this does not apply. Choice always choice.

The main purpose is to not be stuck to the screen but then again not to miss a great setup. As I said just my 2 pip input.

Let's see the heatmap on 4H, this is 2 weeks old but still valid, PA touched weekly pivot and my R HL, good for 40+ pips till now and counting.

Hi Caveman,

Thanks for the QA :-). You are right - it calls Trix Div with iCustom. I don't have the THV source code so that's the only way I know to do it. Might be the only way to do it anyway, since the Trix Div is not multi-timeframe. I will work on it this weekend to shut shut off the divergence TL. I don't think I can shut off the analyze buy/sell unless someone modifies the Trix Div indicator and adds a parameter to make that optional.

Hi Cobra and all traders!

I am using THV on H1 TF and I need your help to improve the way I use it on that TF...What can you advise me ? Right now I use signals on Trix crosses/Trix colors/Coral crossover/PA and cloud crosses and that's it...Anything more I need to watch carefully too ? For example is it useful to watch lower and upper TF to confirm?

Other question, a friend of mine is using it as is on M5 and said he lost all his positions...So for M5 tf do you need another particular confirmation?

OllyTrader

Hi Olly:

Nice to see you here again. Sure I'm not as good as others to give you advice. But let me share what I know about your question. If you use 1H TF, you may need at least 2 more TF for references. One is on 4H TF to help you know what is the latest trend. Thus you won't trade against the trend. The other TF is maybe 30m or 15m TF. It is needed to maximize your entry so you won't need too big SL or out because SL in case you put it too tight. Another input for you for the latest market condition, the market still in ranging position for weeks. It is a little bit hard to take a swing trade and even sometimes day trade.

Same think also needed with your friend. He will need 15 or 30m TF for trend confirmation and 1m for entry point. I used to trade with 5m with THV as Cobra recommended and I use 15m and 1m. Go long if all trixes on each TF are green and short if all trixes are red. Put some TL if needed and be patience .

Happy Trade

Divergences are good on that TF...
Lower TF for entries (so you can make a better use of the stops, as they can be quite wide there) and higher TF for the continuation of the swing...

For M5, as in any other TF, entries should be looked for in a smaller TF so one can wait for the small retracements and get in at a better price... can your friend post the trades he missed so we can help him see what happened there?

I personally work M5 in conjunction with M30 as higher trend, and M1 for better entries. Both TFs should be aligned. If they contradict, it means the pair is in a retracement and one should wait until the direction is clear on both (you can also use M15, but I find that M30 gives a better overview of M5's "long-term" scope).

Thanks a lot for sharing your a piece of your wisdom !!!! I will post some graphs here soon...
Hi Cobra....! , Thx Dob and Personalme