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THV system, final edition

  • #9,801
  • Apr 20, 2009 3:32pm Apr 20, 2009 3:32pm
Quoting pattinatore
i use mt4 and i have 0,01 micro lots

Thanks
  • #9,802
  • Apr 20, 2009 3:51pm Apr 20, 2009 3:51pm
Quoting personalme
Hi Karun. Have just made your day eh? That EJ plays very well today. Congratulations!

Took only two trade today on EU and EJ. Both are ended good.
Thanks! I just took that one trade on EJ and still holding the other .10 on it, by the time I started to look at EU/GU both were kind of stagnant, got in and out real quick did not like the place where i entered.
  • #9,803
  • Apr 20, 2009 4:34pm Apr 20, 2009 4:34pm
gmcl02, karun, personalme,
Thank you, I appreciate your input and perspective.

jharteam,
Thank you, Good distinction and I now see that I was using the M5 incorrectly as a confirmation. I like pattern hunting too, so I now see where that approach can be used...

Quoting cobraforex
Look for a good 1M setup on color change of the fast trix on 5M, if you wait till trading parameters are filled on 5M it might be too late like you already mentioned.

The trix forms patterns which repeat frequently, you will notice that after a certain amount of screentime.
Those will give you an idea if or not to enter a trade.

The advantage of this trading method is that you can have a very tight SL.

I’m on mobile, so can’t write very much....
cobraforex,
Thank you, I was wandering how I could use the M5 fast trix "change" as a leading indicator for a setup on M1. This idea seems to get us ahead of the PA movement. Brilliant!

I attached your idea and will integrate this moving forward.
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  • #9,804
  • Apr 20, 2009 7:15pm Apr 20, 2009 7:15pm
Quoting lyvlyfe
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.
Thank you...I downloaded the THV system before April 2nd but I'm not that far up the thread so I missed these. I was ignoring the THV Trend Indicator but these new MTF indicators save so much time flipping back and forth between charts. Thank you Miss Pips, Cobra and the THV team!
  • #9,805
  • Apr 20, 2009 7:21pm Apr 20, 2009 7:21pm
Quoting proverbs



cobraforex,
Thank you, I was wandering how I could use the M5 fast trix "change" as a leading indicator for a setup on M1. This idea seems to get us ahead of the PA movement. Brilliant!

I attached your idea and will integrate this moving forward.
There are several ways to trade THV, the one I posted is only one of them, but my favorite scalping method.

There are many good traders here in the thread, each one found out the best way for him/her to trade THV on different TF’s incorporating other FX techniques.

None of them is wrong as long as the trader feels good and secure in his trades.

Just try the recommended setups (that is the base) and make the system “yours” while searching the most comfort TF and method for you.

THV is not a pure mechanical system and requires the traders discretion.

Happy trading
  • #9,806
  • Apr 21, 2009 1:17am Apr 21, 2009 1:17am
The correction seems to be over? Short bias...

Note the pivot.
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  • #9,807
  • Apr 21, 2009 1:22am Apr 21, 2009 1:22am
Quoting WhiteRabbit
The correction seems to be over? Short bias...

Note the pivot.
Maybe...not sure...there was a news announcement (German PPI) when the sell off started. We will see.
  • #9,808
  • Apr 21, 2009 1:36am Apr 21, 2009 1:36am
Quoting WhiteRabbit
The correction seems to be over? Short bias...

Note the pivot.
Yup. Note that also. Taking partially on 126.80. Let it run for the rest and SL at +2 now.

PPI was announced 35 minutes ago. Not ppi I guess.
Manage your risk accordingly and you're half done your home work.
  • #9,809
  • Apr 21, 2009 1:37am Apr 21, 2009 1:37am
Hi Proactive,

There is a fix for the HA candles problem. I didn't code it so I would just like to get the permission of the author first before posting it.

Quoting proactive
Hi MissPiPS,

I received a message from CobraForex to contact you, maybe you can help.


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 our own setting like the color since I use thinner candle zoom setting,...
  • #9,810
  • Apr 21, 2009 1:42am Apr 21, 2009 1:42am
sorry,my english is not good.but please answer my question
dear cobraforex
i want to trade scalping at 1min but i don,t know when i want trade at 1min,it is better look at 5 min and then trade at 1min or not.which way is better?what is your idea?
thanks
thanks erfan
  • #9,811
  • Apr 21, 2009 1:54am Apr 21, 2009 1:54am
Price swing is quite wild. Didn't manage to take profit when it hit 61.8% and rebounded quickly. But looks like it is going to test it again.

Good trading.
  • #9,812
  • Apr 21, 2009 2:10am Apr 21, 2009 2:10am
Quoting erfan_hi
sorry,my english is not good.but please answer my question
dear cobraforex
i want to trade scalping at 1min but i don,t know when i want trade at 1min,it is better look at 5 min and then trade at 1min or not.which way is better?what is your idea?
thanks
Hi Erfan,

I think the system has been developed such that it is sufficient to look at only one time frame - in this case the 1M - when you want to trade the 1M timeframe.On this chart you have all the histobars of the higher timeframes to aid your decision. You can trade with trend or divergence based on the info available...

Hope that helps.
  • #9,813
  • Apr 21, 2009 2:15am Apr 21, 2009 2:15am
What I do (for example) is draw a T/L from low to low on PA, and low to low on the trix (or high to high and high to high). If one of the trendlines is flat, I skip the trade. I want to see one of them clearly sloping in one direction and the other clearly sloping the the other direction.

Quoting Pipnosis
Hello to all on this thread. I've read it from it's beginning until now..very impressive to watch and learn about the evolution of THV. I want to share my gratitude to all who have undoubtedly logged 100's of hours on it's development and testing. The result of your collective focus and effort is obvious and impressive. Thank you for every pip in my account now and in the future!! I'm truly appreciative.

I have a question that I believe Miss Pip usually answers, but if anyone has suggestions, please let me know.

When making a divergent entry...
  • #9,814
  • Apr 21, 2009 2:20am Apr 21, 2009 2:20am
Quoting WhiteRabbit
Price swing is quite wild. Didn't manage to take profit when it hit 61.8% and rebounded quickly. But looks like it is going to test it again.

Good trading.
Taken partial profit even though all histobar (am on 5M) have just turned red... We have confluence of weekly and daily S1 around 126. Support zone 126 to 126.40 too.
  • #9,815
  • Apr 21, 2009 2:34am Apr 21, 2009 2:34am
Quoting WhiteRabbit
Hi Erfan,

I think the system has been developed such that it is sufficient to look at only one time frame - in this case the 1M - when you want to trade the 1M timeframe.On this chart you have all the histobars of the higher timeframes to aid your decision. You can trade with trend or divergence based on the info available...

Hope that helps.
thank you for your excelent answer
dear whiterabbit
i want to see trix of 5min at 1min chart
do you know what i can do?
thanks erfan
  • #9,816
  • Apr 21, 2009 2:48am Apr 21, 2009 2:48am
Quoting erfan_hi
thank you for your excelent answer
dear whiterabbit
i want to see trix of 5min at 1min chart
do you know what i can do?
You can't see the actual 5M trix from a 1M TF. You can only see the colour (direction of the trix of higher tf). To achieve this you need to have the indicator "thv 2 4 TF Trixhisto Bar vx.xx" which I believe has been posted in the 1st post.

There has been quite a few discussion on this if you want the details. Got to do a search.

Cheers,
  • #9,817
  • Apr 21, 2009 5:10am Apr 21, 2009 5:10am
Hi,

Would like to know if I can adjust the shift for the THV fx cal indi.

The problem is that from fx cal, the actual zew report was released one hour earlier than what was indicated by the indi.

I am using Alpari US and I can't find any relevant settings for this indi.

Appreciate any help.

Cheers,
  • #9,818
  • Apr 21, 2009 5:19am Apr 21, 2009 5:19am
hi at all! i want to notice that there is a double low exatly at 618...
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  • #9,819
  • Apr 21, 2009 7:06am Apr 21, 2009 7:06am
Hi All,

Can someone direct me to post that contains V5 of Trix
  • #9,820
  • Apr 21, 2009 7:42am Apr 21, 2009 7:42am
Here is an indie that keeps the setting. Also you can toggle it from regular candles to HA candles to by setting regular to true or false, without all the extra clicking you normally have to do when you add/remove HA candles.
Just set the chart to linegraph and the linegraph color to none in the chart properties. Then add the indie and toggle regular from true to false to see HA candles or vice versa.


Quoting proactive
Hi MissPiPS,

I received a message from CobraForex to contact you, maybe you can help.


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 our own setting like the color since I use thinner candle zoom setting,...
Attached File(s)
File Type: ex4 ToggleRegandHACandles.ex4   4 KB | 588 downloads
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