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THV system, final edition

  • #8,981
  • Apr 1, 2009 4:36am Apr 1, 2009 4:36am
Added longs again at 1.4293; took partial profit again at 1.4404; right at the Energy Point and up sloping median line; when the price actions are being contained.....for now....

Have a good one
Jeff

[quote=jharteam;2640943]
Quoting jharteam
[i]Longed Gbp/Usd at 1.4139 as the pair hit Daily up sloping median line....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP THV 04012009 (i).jpg Size: 213 KB
Click to Enlarge Name: GBP THV 04012009 (ii).jpg Size: 164 KB
~*~You are only one trade away from humility~*~
  • #8,982
  • Apr 1, 2009 5:43am Apr 1, 2009 5:43am
Quoting bythepound
It's not updating. The price, candle time, and spread is staying the same.
Hi Bythepound

I see that you are struggling with those. Like SeerEye told you thv info panel you can turn off or change its position (settings - which window and which corner - try to experiment). As far as Label is concerned I managed to disable it. In thv trix I have AnalyseLabelWindow - 0 and AnalyseLabelonoff - false. Then I deleted it manualy and it stayed that way.

Hope this helps
  • #8,983
  • Apr 1, 2009 5:45am Apr 1, 2009 5:45am
Hi FreddyFX

glad to be of some assistance.
  • #8,984
  • Apr 1, 2009 5:57am Apr 1, 2009 5:57am
Guys

what do you make of ADP Non-Farm Employment Change - coming soon. Will it move the price significantly? I'm in trade and wouldn't like to get burnt.
Hate the news
  • #8,985
  • Edited 9:05am Apr 1, 2009 6:32am | Edited 9:05am
Quoting jharteam
Added longs again at 1.4293; took partial profit again at 1.4404; right at the Energy Point and up sloping median line; when the price actions are being contained.....for now....

Have a good one
Jeff
Another coil developing (M5~30p's) and testing the upper boundary at this time...perhaps to be resolved on the upper side?
Very nice trade Jeff
Listen to the whispers.... You may learn something
  • #8,986
  • Apr 1, 2009 6:37am Apr 1, 2009 6:37am
Hi Scrutch:

Yeah, noted and right at the up sloping upper median line. Resolution to the upside should be a 'logical take' of the markets, but who knows....; The previous lows at 1.41xx were really another large up sloping fork in the 240-min time frame; pretty well a 'kiss and goodbye' to the upside situation few days ago. Take care.

Have a good one
Jeff


[quote=Scrutch;2643672]
Quoting jharteam
Added longs again at 1.4293; took partial profit again at 1.4404; right at the Energy Point and up sloping median line; when the price actions are being contained.....for now....

Have a good one
Jeff

Another coil developing (M5~30p's) and testing the upper boundary at this time...perhaps to be resolved on the upper side?
Very nice trade Jeff
~*~You are only one trade away from humility~*~
  • #8,987
  • Apr 1, 2009 7:00am Apr 1, 2009 7:00am
Hello All THV users.. Thank you for the great Multi-Time-Frame indicator and system. I have one question. When you get all green or Red lights that meet the rules do you have to wait for a Trix cross on the one minute or just take when all agree in color? The rules just say when all 6 agree take trade as soon as PA touches above or below the coral.

The indicators can repaint so do you just take the trade anyway and set your stop and if it hits it o well or is there another exit stratagie?

I took a trade when all agreeded but did not close and the 5 min fast trix repained so I got out with a loss of 8 pips but did not hit the 15 SL.

Any and all help would be great.
D
Without vision, the people will perish.
  • #8,988
  • Apr 1, 2009 8:55am Apr 1, 2009 8:55am
Quoting bythepound
Hello All THV users.. Thank you for the great Multi-Time-Frame indicator and system. I have one question. When you get all green or Red lights that meet the rules do you have to wait for a Trix cross on the one minute or just take when all agree in color? The rules just say when all 6 agree take trade as soon as PA touches above or below the coral.

The indicators can repaint so do you just take the trade anyway and set your stop and if it hits it o well or is there another exit stratagie?

I took a trade when all agreeded but did not close...
I take the trade at 6 lights unless we are in the face of strong resistance/support (e.g., daily pivot) or divergence. I set my SL on the ATR recommendation and let it ride. Sometimes, depending on the location of the trade, I will TP with fewer pips than others, meaning I'll watch it closer and if price stalls, I'll bail with any profit I can get.

You got out with a loss of 8 pips, which sometimes can be the right move. I suggest that you pay close attention to what happened to price after you closed and learn from it for future trades. That's the way we all get to be better traders.
Up or down, gimme a ticket
  • #8,989
  • Apr 1, 2009 9:06am Apr 1, 2009 9:06am
Quoting bythepound
Hi THV Team

I need help with two issues on the chart.

The indicator pointed out by the green arrow does not work (the price, spread, candle time, etc.) is stuck. How do I make it start running? If it is something I need to pay for, then how do I remove it from it from the template. I have tried removing it from the Indicator’s list.

[font=Calibri][size=3]The item pointed to with the red arrow shown as LABEL in green. I can’t seem to...

Hi there Dan,

If you have not been able to get rid of the indicator it could be because when you downloaded the template you had not downloaded the indicator before that.

The indicator is THV3 Infopanel and is at Feb 27,2009 5.09am. Download that into your indicators. Then get it into your target chart where the indicator is now shown. This will activate the indicator shown on your chart.

You will then be able to do what you like with it. If you still want to delete it you will be able to do so.

As for the "Label" if you do not want it, left click on it a number of times to highlight it and then when you get the box around it press the delete button. That should take of it. Hope that helps.

Trader7
  • #8,990
  • Apr 1, 2009 9:09am Apr 1, 2009 9:09am
Depends on how conservative you want to be. I take the trades when I see six lights, unless there was a preceding divergence of the opposite type. My reasoning was that when you have the trix in the majority of the timeframes going in your favor, and the 5m fast also going in your favor, and the 1m has just turned in your favor, they will pull the PA in your direction. Most of the time this is what happens, and even if it doesn't, by getting in at the first bar just as the fast 1m trix changes colors, you can usually squeeze out 10 pips. I just set the stops and targets and leave it alone, and that's how I tested it. But this also has to do with my trading style - I don't have the patience to manage trades.
The trix indie itself can change colors one bar back. So far I haven't noticed the histogram doing that except when it's initialized. So sometimes I've seen (for example, a green bar in the 1m f on the histogram and the fast trix is green at that point), and then the next bar the trix turns red, and also turns the trix indie over the prior bar red. The histogram, as far as I can tell, remains green in that case. Not much you can do about it. I just take my lumps if I got a bad trade because of it

If you want to be conservative, a nice safe trade is when you have six bars in your favor , preferably 4 in the first histo, and a trix cross occurs right about then, right about at the zero line. I'm posting an example from yesterday, with one safe one, and two where we got extra pips because we didn't wait for the trix cross. (My notation style is red bar for short trade, dashed red bar for exit, green bar for long trade, dashed green bar for exit, magenta for take the high road and decline to trade an ify situation.) In the safe situation you also aren't likely to get a repaint. That is also more in line with the original way of trading THV, which requires you to have a trix cross. But if you have strong trend, and you want to scalp at the beginning of each new wave, getting in when you have 6 points just as the 1m fast changes color is the way to get the pips. Just depends on your style. I'd recommend practicing with a demo first, like any other new thing.


Quoting bythepound
Hello All THV users.. Thank you for the great Multi-Time-Frame indicator and system. I have one question. When you get all green or Red lights that meet the rules do you have to wait for a Trix cross on the one minute or just take when all agree in color? The rules just say when all 6 agree take trade as soon as PA touches above or below the coral.

The indicators can repaint so do you just take the trade anyway and set your stop and if it hits it o well or is there another exit stratagie?

I took a trade when all agreeded but did not close...
Attached Image (click to enlarge)
Click to Enlarge Name: safe.png Size: 75 KB
  • #8,991
  • Apr 1, 2009 9:15am Apr 1, 2009 9:15am
EJ is starting to form a 50p coil and at the moment is trying to resolve to the upside...hmmm would have thought it would be on the downside.
I've been scalping the lower half of the coil but it's a tough way to make pips this am...waiting for THV permission to enter at the moment.

Cable did a nice push on the upside of the coil with two higher closes but quickly dropped back down and tested the coil zone several more times before pushing out the bottom 50p's. Now it's attempting to move back up to the bottom zone of the breakout.

I'm thinking that the markets may have the G20 meeting jitters...
Listen to the whispers.... You may learn something
  • #8,992
  • Apr 1, 2009 9:20am Apr 1, 2009 9:20am
Quoting Trader7
Hi there Dan,

If you have not been able to get rid of the indicator it could be because when you downloaded the template you had not downloaded the indicator before that.

The indicator is THV3 Infopanel and is at Feb 27,2009 5.09am. Download that into your indicators. Then get it into your target chart where the indicator is now shown. This will activate the indicator shown on your chart.

You will then be able to do what you like with it. If you still want to delete it you will be able to do so.

As for the "Label" if you do not want it,...
Thanks!
Without vision, the people will perish.
  • #8,993
  • Apr 1, 2009 10:00am Apr 1, 2009 10:00am
Quoting Scrutch

I'm thinking that the markets may have the G20 meeting jitters...
that's an understatement!
Pip what you see; See what you pip!
  • #8,994
  • Apr 1, 2009 10:09am Apr 1, 2009 10:09am
Eur/Usd and Gbp/Usd are quite well supported unless something really out of extraordinary happens out of the G20 meeting...April Fool's Day for the G20 Meeting; they surely know how to make a fool of themselves...geez..


Quoting Scrutch
EJ is starting to form a 50p coil and at the moment is trying to resolve to the upside...hmmm would have thought it would be on the downside.
I've been scalping the lower half of the coil but it's a tough way to make pips this am...waiting for THV permission to enter at the moment.

Cable did a nice push on the upside of the coil with two higher closes but quickly dropped back down and tested the coil zone several more times before pushing out the bottom 50p's. Now it's attempting to move back up to the bottom zone of the breakout....
~*~You are only one trade away from humility~*~
  • #8,995
  • Apr 1, 2009 10:13am Apr 1, 2009 10:13am
Just one (silly) question:

We should consider 6 lights out of 8 or out of 10 (including the cloud histo)?

thanks in advance.
  • #8,996
  • Apr 1, 2009 10:23am Apr 1, 2009 10:23am
Quoting NosferatuMan
Just one (silly) question:

We should consider 6 lights out of 8 or out of 10 (including the cloud histo)?

thanks in advance.
6 out of 10 - but don't forget to watch out for facing pivots and reversing divergence.
Up or down, gimme a ticket
  • #8,997
  • Apr 1, 2009 10:26am Apr 1, 2009 10:26am
Wife is home sick today so very little time to trade. Supplementing THV with the pitchfork, I was able to pick up a quick 50 pips in 4 trades. Chart attached.

Hats off to the Cobra-JHarteam duo! Thanks guys.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 23 KB
Up or down, gimme a ticket
  • #8,998
  • Apr 1, 2009 10:28am Apr 1, 2009 10:28am
Quoting SpecialEd
6 out of 10 - but don't forget to watch out for facing pivots and reversing divergence.
Yep. Been doing that

Thanks.
  • #8,999
  • Apr 1, 2009 10:31am Apr 1, 2009 10:31am
I include the cloud in the count (i.e 6 out of 10).

Quoting NosferatuMan
Just one (silly) question:

We should consider 6 lights out of 8 or out of 10 (including the cloud histo)?

thanks in advance.
  • #9,000
  • Apr 1, 2009 10:33am Apr 1, 2009 10:33am
Nice work. Thanks for the chart

Quoting SpecialEd
Wife is home sick today so very little time to trade. Supplementing THV with the pitchfork, I was able to pick up a quick 50 pips in 4 trades. Chart attached.

Hats off to the Cobra-JHarteam duo! Thanks guys.
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