THV system, final edition | Page 426 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #8,501
  • Mar 23, 2009 12:12pm Mar 23, 2009 12:12pm
I won. But still don't know where to exit this trade . Exiting a trade is simply far more difficult than entering it.
Manage your risk accordingly and you're half done your home work.
  • #8,502
  • Edited 12:27pm Mar 23, 2009 12:16pm | Edited 12:27pm
Quoting personalme
I won. But still don't know where to exit this trade . Exiting a trade is simply far more difficult than entering it.
Absolutly right i took just 20 pips on a 100 pips potential trade
i have to work on it.
  • #8,503
  • Mar 23, 2009 12:27pm Mar 23, 2009 12:27pm
Out my GU on R1. 5M trix is entering OB area. Will look any posibility to reenter the trade.

Attached Image (click to enlarge)
Click to Enlarge Name: meta5m.gif Size: 32 KB
Manage your risk accordingly and you're half done your home work.
  • #8,504
  • Mar 23, 2009 1:14pm Mar 23, 2009 1:14pm
I'm curious.......why did you decide to trade short when the Fast Trix line was green (long signal) and the trend indicator was also green?

Quoting nms4716
Ok this is my first trading day using the THV3, Cobra can vouch for that because he answered a few questions i had about setup over the weekend. Woke up early for the London Session.. and took the short where the red dot/arrow appeared on the screen @ 1.3640.. THV3 has accounted for a 140 PIP short!!!!!!! I could not believe it to be honest with you. The pink lines are the psycho levels and it touches them perfectly like Acumen states on his website. Yes, i am on a demo account but still, In for 100 PIP move first day...
  • #8,505
  • Mar 23, 2009 1:15pm Mar 23, 2009 1:15pm
Nice up move. Took entry on 15 min. Might take the ride to the top
Similar thing is on GU. I took them both.
Some time ago there was some talk about woodie cci, I'm trying it out with THV - hence the different template. It seems that it works fine - one more thing to confirm something that you already know (suspect )
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 25 KB
  • #8,506
  • Mar 23, 2009 1:45pm Mar 23, 2009 1:45pm
Quoting bart021
Nice up move. Took entry on 15 min. Might take the ride to the top
Similar thing is on GU. I took them both.
Some time ago there was some talk about woodie cci, I'm trying it out with THV - hence the different template. It seems that it works fine - one more thing to confirm something that you already know (suspect )
Hey Bart, would you mind to share your template please...I am trying also woodie CCI but iīm computer useless and canīt manage to load properly the CCI to aply woodieīs rules...
  • #8,507
  • Mar 23, 2009 1:51pm Mar 23, 2009 1:51pm
Quoting leņador
Hey Bart, would you mind to share your template please...I am trying also woodie CCI but iīm computer useless and canīt manage to load properly the CCI to aply woodieīs rules...
Sure, here it is. I changed cci settings somewhat to compensate for the hourly time frame (longer TFs suit me more) to filter out the noise. If you mainly scalp you can use default values.
Attached File(s)
File Type: tpl test.tpl   49 KB | 575 downloads
  • #8,508
  • Mar 23, 2009 2:13pm Mar 23, 2009 2:13pm
GbpUsd possible break of R1 and both middle of the channel. If it goes to the top we're looking at 1.46xx
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 59 KB
  • #8,509
  • Mar 23, 2009 2:34pm Mar 23, 2009 2:34pm
Bart021
What advantage give you Woodie CCI ?It is standart or modfication?
  • #8,510
  • Mar 23, 2009 2:38pm Mar 23, 2009 2:38pm
Quoting BeachBum
I'm curious.......why did you decide to trade short when the Fast Trix line was green (long signal) and the trend indicator was also green?
I think the poster took the short based only on coral signal.
  • #8,511
  • Mar 23, 2009 2:56pm Mar 23, 2009 2:56pm
Quoting RobertFx
What advantage give you Woodie CCI ?It is standart or modfication?
Hi RobertFx - we share a name

I have spent the whole weekend studying how it works.
There are some rules originally (patterns to be more precise) if you use it for scalping. I have set some different parameters to filter out the noise and it seems to me that EVERY time that turbo cci (thin yellow line) crosses zero (of course in trend direction but it depend of the time frame) it coincides with the trix crossing. Sometimes it is even faster. It is considered to be leading indicator.

It's the one I found here - CCI_Woodie_Panel_Heart_v3.
These are my settings attached. Someone tried before to decipher panel readings and elements of the indicator - this is what I have found.

Hope that it helps
Attached Image (click to enlarge)
Click to Enlarge Name: heart_woodie_panel_FAQ.png Size: 61 KB
Attached Image
  • #8,512
  • Mar 23, 2009 3:07pm Mar 23, 2009 3:07pm
Just one trade today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP THV 03232009 (i).jpg Size: 173 KB
Click to Enlarge Name: GBP THV 03232009 (ii).jpg Size: 195 KB
Click to Enlarge Name: GBP THV 03232009 (iii).jpg Size: 195 KB
~*~You are only one trade away from humility~*~
  • #8,513
  • Mar 23, 2009 3:27pm Mar 23, 2009 3:27pm
Quoting jharteam
Just one trade today.
Niiiiceee. You entered some pips earlier than I did. I decided to let it go further - hourly is just opening.
  • #8,514
  • Mar 23, 2009 3:30pm Mar 23, 2009 3:30pm
I have 2 sell what do you guyz think ???
Attached Image (click to enlarge)
Click to Enlarge Name: bizard.gif Size: 24 KB
  • #8,515
  • Mar 23, 2009 4:13pm Mar 23, 2009 4:13pm
Thx bart021
I know this system (a litle bit... I've had two approaches )
But it seems to sofisticated, there are a lot of patterns and other stuff...But separate TCCI can give you - IMHO- a lot of false signal.
Nice pips
Robert
  • #8,516
  • Mar 23, 2009 4:47pm Mar 23, 2009 4:47pm
Quoting RobertFx
Bart021
What advantage give you Woodie CCI ?It is standart or modfication?
For anyone interested in the Woodie CCI indicator you can find a link which explains how it works here:

http://www.forexfactory.com/showpost...postcount=8425

Thanks go to the Doc for digging this up.
  • #8,517
  • Mar 23, 2009 4:56pm Mar 23, 2009 4:56pm
But the question is: what advantage offers CCI indy?( I mean simple signal)
I think it is separate, complete system with sofisticated rules based only on indicator, not on price action - chart
(mayby I'm making mistake and don't understand?)
  • #8,518
  • Mar 23, 2009 5:02pm Mar 23, 2009 5:02pm
One observation Folks

Some have way too much indicators on their template.

You will see in the future that as less stuff you have there as faster you will take a trading decision.

Look the setup from Jeff, the only indicaor that I would add is the MTF Trix when released.
  • #8,519
  • Mar 23, 2009 5:03pm Mar 23, 2009 5:03pm
CCI can be used to identify overbought and oversold levels. Also can be used for divergence.
Yea it's Life//
  • #8,520
  • Mar 23, 2009 5:09pm Mar 23, 2009 5:09pm
Quoting cobraforex
One observation Folks

Some have way too much indicators on their template.

You will see in the future that as less stuff you have there as faster you will take a trading decision.

Look the setup from Jeff, the only indicaor that I would add is the MTF Trix when released.
You right cobra, in my situation i have too much indics in my config but it's more psychologik. I mean it's for me an insurance to filter the market. i used to have 1 or 2 indics now with my news setup i feel better i dont know why.
anyway tks for the advice.

P.S : i closed both of my short with a little profit...
4 traders viewing now