oh... i see!
thank you and now,
let's pip,,,
thank you and now,
let's pip,,,
- #9,843
- Apr 21, 2009 9:50pm Apr 21, 2009 9:50pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
With regards to the 6 light method, if trading M5, what should be the lowest TF light I use? Thanks for your input
Mine would be: set it up and watch how it performes before live trading it.
Let's know how it works out, please.
- #9,844
- Apr 21, 2009 10:17pm Apr 21, 2009 10:17pm
Forexample, this setup may not be proved by someone so it could be difficult to find any suggestions.
Mine would be: set it up and watch how it performes before live trading it.
Let's know how it works out, please.
5F
5S
15F
60F
2nd bar:
15S
30F
30S
60S
I trade THV where I have all the lights in the 1st bar must be same color--- and 2[or more] in second.
Rule of thumb [and I've been asked why I have 60 in 1st bar]:
It's not wise to trade against the hour trend. [And I've tested this myself]
Just my setup--and the lights usually go in sequence as well.
It's good for me
- #9,847
- Edited Apr 22, 2009 1:21am Apr 21, 2009 11:32pm | Edited Apr 22, 2009 1:21am
- | Joined Oct 2008 | Status: one day at a time... | 62 Posts
Forexample, this setup may not be proved by someone so it could be difficult to find any suggestions.
Mine would be: set it up and watch how it performes before live trading it.
Let's know how it works out, please.
I'm not relying on these lights as all I need for confirmation; just finding them better than the THV Trend indicator for confirmation of direction after trix cross and cloud break while watching out for significant SR lines.
EDIT: I see now the setup in the manual is for M1. So in testing, trades were placed without worrying about the M1 slow as a green/red confirmation light. I would have guessed the opposite, that it would have been the M1 fast that was ignored. Will continue playing on M5 and see how it goes.
- #9,848
- Apr 22, 2009 1:03am Apr 22, 2009 1:03am
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Hi,
MissPips,
I tried the ToggleRegandHACandles indicator it is not helping when one toggles between different time frames it reverts back to the the default setting which is width 3, I set it to width 2 since I use a different zoom setting which makes the candles one size thinner, when the width reverts back to 3 the candles mesh together and cannot read them., is it possible to unlock in the orignal program THV3 HA so I can down load again and set the with to 2, also is it possible to do the same for THV3 trend indicator.
Thanks
Let me know if it works for you.
It's the MQ4 uncompiled version, you can recode whatever you like.
Forget about the Trend indicator, nobody use it.
Use instead the SSL_fast_sbar indicator, you can find it in the paperclip in the upper right corner of each page
- #9,850
- Apr 22, 2009 1:26am Apr 22, 2009 1:26am
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
- #9,854
- Apr 22, 2009 3:52am Apr 22, 2009 3:52am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
A good setup I've found is [5M]
5F
5S
15F
60F
2nd bar:
15S
30F
30S
60S
I trade THV where I have all the lights in the 1st bar must be same color--- and 2[or more] in second.
Rule of thumb [and I've been asked why I have 60 in 1st bar]:
It's not wise to trade against the hour trend. [And I've tested this myself]
Just my setup--and the lights usually go in sequence as well.
It's good for me
how can i put toghether two indicators in te same space?
oh and in your screen i can see that on a 5 minutes chart you have 5 minut slow and fast on the lights you can see it on trix!.. i prefer to have on 5' chart 1 minute fast and slow..
- #9,856
- Apr 22, 2009 4:51am Apr 22, 2009 4:51am
[quote=alsmith;2684650]Hi all-
I've been busy last few days..good to see everyone's doing well here.
I posted a trailing stop EA not too long ago to compliment THV system..a lot of people thought it was complicated, so here's one that's really simple.
No stop hunting here! Broker's can't see it
Hi Al thx for this ea. Is the sl and tp still in place after a disconnection with trading platform, eg. power failure, computer crash or loss of connection.
Thx.
I've been busy last few days..good to see everyone's doing well here.
I posted a trailing stop EA not too long ago to compliment THV system..a lot of people thought it was complicated, so here's one that's really simple.
No stop hunting here! Broker's can't see it
Hi Al thx for this ea. Is the sl and tp still in place after a disconnection with trading platform, eg. power failure, computer crash or loss of connection.
Thx.
- #9,858
- Apr 22, 2009 6:14am Apr 22, 2009 6:14am
[quote=Rapture;2686613]
No it doesn't, as this works like a robot would and it needs to have the information from the charts for it to fulfill it's coding purpose.
This is more like a robot expert advisor.
The trailing stop EA I put on here would work in so far that if the 1st step was reached, you wouldn't lose anything as a value was entered in the broker at that time.
Hi all-
I've been busy last few days..good to see everyone's doing well here.
I posted a trailing stop EA not too long ago to compliment THV system..a lot of people thought it was complicated, so here's one that's really simple.
No stop hunting here! Broker's can't see it
Hi Al thx for this ea. Is the sl and tp still in place after a disconnection with trading platform, eg. power failure, computer crash or loss of connection.
Thx.
No it doesn't, as this works like a robot would and it needs to have the information from the charts for it to fulfill it's coding purpose.
This is more like a robot expert advisor.
The trailing stop EA I put on here would work in so far that if the 1st step was reached, you wouldn't lose anything as a value was entered in the broker at that time.
