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THV system, final edition

  • #9,761
  • Apr 18, 2009 10:47pm Apr 18, 2009 10:47pm
Thomson Reuters show no change in pricing on the Eur/Usd. We'll see....


Quoting cobraforex
Yep, it's the speeches, but don't give tooooo much on those datas, tenfore.com sucked a lot in the past.
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~*~You are only one trade away from humility~*~
  • #9,762
  • Apr 19, 2009 10:12am Apr 19, 2009 10:12am
Quoting aserbfx
can someone give an advice concerning the M5 setup?

thank you
Hello,

I do not know if I can help you, but I use the THV in 5M with the following configuration: 5f, 15f, 15s, 30f, 30s, 60f, 60s, 240f.

1M to the rules, the designer talks to use the 10 pip TP and 15 SL ...
5M then I increase the TP and SL, something like 15 TP / 20 TP and 20 SL / 30 SL...

If this is right or wrong I do not know, I'm just wanting to help.

I think the most important is where you enter the market to trend higher, so the chance of success is much higher.

Another important thing is you always respect the line Coral, and search using trend lines on top and bottom of the graph, forming a channel to identify the supports and resistances.

Good luck!

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I am Brazilian and I never give up!
  • #9,763
  • Apr 19, 2009 11:11am Apr 19, 2009 11:11am
ASERBFX these are the Inputs that were posted earlier That I have used and found them to be good ,,for the limited time I have used them they were posted by bythepound
these are a bit shorter time frame than what was just Posted so will probably give you more trades
This is my first post Just want to say in 18 years of tradeing this THV is the best and easiest system I have ever traded .... Thank you so much for sharing this wonderful SYStem



5 Minute

5M fast
5M slow
15M fast
60M fast

15M slow
30M fast
30M slow
60M slow
  • #9,764
  • Apr 19, 2009 1:10pm Apr 19, 2009 1:10pm
I though you didn't need to show the slow trix histo for the TF you were trading since you already see that on your chart?!

Maybe I'm wrong so correct me if I am. For the M5 it should be:

M5 f
M15 f
M15 s
M30 f

M30 s
M60 f
M60 s
H4 f

Then the cloud histo should be

M15
M30
  • #9,765
  • Edited 2:23pm Apr 19, 2009 2:13pm | Edited 2:23pm
Quoting jharteam
Thomson Reuters show no change in pricing on the Eur/Usd. We'll see....
Yep Jeff, Oanda just opened their platform and there is definitely no major gap. (1.3034)

I remember tenfore.com showed up once with a E/U quote of 1.1xx so there is no reason to believe in their information.

Add: just found the screenshot from september 08.
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  • #9,766
  • Apr 19, 2009 2:26pm Apr 19, 2009 2:26pm
thank you, windlevel, landfar and gmcl02.

i think the best settings for M5 are:
M1 f and s
M15 f and s
M30 f
H1 f and s
H4 f
and for the cloud: M15 and M30.

i'm with gmcl02, you don't need the M5 because you already see this in the chart.
but i like the idea to have the M1 f/s to precise the entry.
meine augen sind die sterne
  • #9,767
  • Apr 19, 2009 4:52pm Apr 19, 2009 4:52pm
Quoting cobraforex
Yep Jeff, Oanda just opened their platform and there is definitely no major gap. (1.3034)

I remember tenfore.com showed up once with a E/U quote of 1.1xx so there is no reason to believe in their information.

Add: just found the screenshot from september 08.
Yes, this is amazing to be wrong as that. I don't know how they (tenfore.com) got theire informations?
  • #9,768
  • Apr 20, 2009 1:38am Apr 20, 2009 1:38am
If we look back,we'll find the trix works well.But at the present time,the color changes too often,even the bar is closed,the color will also be changed by the nexe bar?
Anything wrong?
Good system,by the way.
  • #9,769
  • Apr 20, 2009 1:44am Apr 20, 2009 1:44am
No one here?

I think this is gonna be a short trade all the day if EU is able to pass 1.2965 (S2 line). Have been short anyway @1.3010. The 15M div plays well.

Cheers to you all.

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Manage your risk accordingly and you're half done your home work.
  • #9,770
  • Apr 20, 2009 2:11am Apr 20, 2009 2:11am
Hi and welcome to a new week all;

I am a little confused about what is the most current THV setup to be using. I recently (maybe 2 weeks ago) started using this system and my charts look like personalme's with the THV Trend window. But I see windlevel and some other charts say V3 but they have different trend indicators at the bottom with all the red and green dots. I also see people talking about the 6 green lights = go etc and how this is in the manual but I don't remember anyof this from the manual I read.

Has there been an update from the chart that personalme is using and if so how to set-up/where to find indicators, template and manual?

Thanks and I hope for a pip-fulled week for all.
  • #9,771
  • Apr 20, 2009 2:15am Apr 20, 2009 2:15am
Go to the first page of the thread there are several indicators that you need to download. The manual explaining the Histo's or "green and red lights" is there as well.
  • #9,772
  • Apr 20, 2009 2:20am Apr 20, 2009 2:20am
Quoting personalme
No one here?

I think this is gonna be a short trade all the day if EU is able to pass 1.2965 (S2 line). Have been short anyway @1.3010. The 15M div plays well.

Cheers to you all.

Attachment

I was short too, but I closed at a 15 pip profit..I should of stayed in longer, so that's why I ask how do you take a partial profit? I have always wondered how you guys do that.
  • #9,773
  • Apr 20, 2009 2:36am Apr 20, 2009 2:36am
Quoting lyvlyfe
I was short too, but I closed at a 15 pip profit..I should of stayed in longer, so that's why I ask how do you take a partial profit? I have always wondered how you guys do that.
Depending on what platform you use. If you use MT4 as far as I know the minimum size is 0.1 lot which is 1 lot mini contract. So if you open a trade with just 0.1 lot on MT4 you can't make a partial TP. I use MBT as my live trade, the min qty to place a trade is 1 micro lot. You even can take a partial profit with this 1 micro. That means 0.5micro lot, lol.

And now my rest position is closed with +2 pips while I'm writing this.
Manage your risk accordingly and you're half done your home work.
  • #9,774
  • Apr 20, 2009 2:45am Apr 20, 2009 2:45am
Hi All.Is it only me or there is no bullish div formed... ?If yes why not showed on trix ?
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  • #9,775
  • Apr 20, 2009 3:44am Apr 20, 2009 3:44am
Quoting Wlfx
Hi All.Is it only me or there is no bullish div formed... ?If yes why not showed on trix ?
not all divergences are shown by the trix but you have to wach the relatve low.. and the relative low are low hig for the price and also for the trix
  • #9,776
  • Apr 20, 2009 3:47am Apr 20, 2009 3:47am
Quoting personalme
Depending on what platform you use. If you use MT4 as far as I know the minimum size is 0.1 lot which is 1 lot mini contract. So if you open a trade with just 0.1 lot on MT4 you can't make a partial TP. I use MBT as my live trade, the min qty to place a trade is 1 micro lot. You even can take a partial profit with this 1 micro. That means 0.5micro lot, lol.

And now my rest position is closed with +2 pips while I'm writing this.
i use mt4 and i have 0,01 micro lots
  • #9,777
  • Apr 20, 2009 3:53am Apr 20, 2009 3:53am
Quoting pattinatore
not all divergences are shown by the trix but you have to wach the relatve low.. and the relative low are low hig for the price and also for the trix
Thx for reply
  • #9,778
  • Apr 20, 2009 4:58am Apr 20, 2009 4:58am
Hi Cobra,

I down loaded your THV V3 from page 1, during the weekend and started testing it today. I have one problem, both in the THV 3 HA and THV Trend indicators, when I change the Width of the the candles to 2, it stays OK, but once I change the time frame to a different one (eg 5 min to 15 min) it reverts back to 3 the default setting, can you please allow that in you program so that we can keep out own setting like the color since I use thiner candle zoom setting, same applies toTHV trend indicator.

The letter size in THV Trix, how can we reduce it to smaller font size ( Bear cross, Analyze Buy & Trend down).

Please help since I keep toggling between different time frames, and everytime I have to reset the thickness.

Thanks.
  • #9,779
  • Apr 20, 2009 6:24am Apr 20, 2009 6:24am
Can someone who's using the new MTF indicators clarify regarding the "Snake line" and Cloud?

Are we still only taking sells if the snake is red

Ie snake red
PA touches or crosses BELOW coral

What is significance of Cloud when using the new rules with new MTF indis?

On some templates there is a 288 MA . Is this used in system?

Thanks in advance

Rob
  • #9,780
  • Apr 20, 2009 6:42am Apr 20, 2009 6:42am
Hi Rob,

For the MTF setup, I tried not to change too many of the original rules of THV. The only thingsI changed are that I made some specific rules for divergence plays, and also I don't require a trix cross or the 1m s in the direction of the trade if you have 6 green lights. My reason for this is because if you have 6 green lights you are really trading in the direction of the main trend and a change in 1m f is usually enough to pull PA back in that direction. (But if you want to trade more conservatively, you can still wait for a trix cross and the m1 s, even when you have 6 green lights.)

Regarding shorting only when the Coral is red - I think that is an old rule that was eliminated even before the MTF indicators arrived on the scene. You should still wait for PA to break the cloud and the coral in the direction of the trade though, except for divergence trades, in which case you may ignore the coral.

I don't know about the 288 ma - maybe someone else can answer.

Quoting rob24hrs
Can someone who's using the new MTF indicators clarify regarding the "Snake line" and Cloud?

Are we still only taking sells if the snake is red

Ie snake red
PA touches or crosses BELOW coral

What is significance of Cloud when using the new rules with new MTF indis?

On some templates there is a 288 MA . Is this used in system?

Thanks in advance

Rob
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