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THV system, final edition

  • #10,021
  • Apr 27, 2009 2:59pm Apr 27, 2009 2:59pm
Quoting robmanz
Does anyone know how to take away the alert message that appear when looking at the weekly timeframe?

"Error - Chart period is greater than one day"

I have disactivated all alerts but still coming out.

Thanks
The message is reported by the Pivot indicator. I recommend to open a separate chart without the daily pivot, because the lines a ranging in a small area anyway. HTH
10 x 100 = 100 x 10, stefx, retired scalper.
  • #10,022
  • Apr 27, 2009 3:15pm Apr 27, 2009 3:15pm
Quoting stefx
The message is reported by the Pivot indicator. I recommend to open a separate chart without the daily pivot, because the lines a ranging in a small area anyway. HTH
Thanks Stef, didn't see that post.

Other way to avoid that message is to go to properties/visuability of the pivot indi and uncheck "All timeframes" and check only untill max D1.

I have it set to 1H max.
  • #10,023
  • Apr 27, 2009 3:53pm Apr 27, 2009 3:53pm
I want to announce that we are going to open a new thread shortly about THV EA trading.

With the help of some very good coders (they will be named at release) we where able to built a beta version that needs to be tested in different TF's, market conditions and pairs.

We (the Team) have a site that is dedicated on back and forward testing but there are so many variables that we decided to fine tune it within FF.

Karun will lead that thread as he has the time and knowledge to show us the way to complete that task.

I think we will be ready (after some adds we found useful), for the grand opening in a week or so.

Happy trading
  • #10,024
  • Apr 27, 2009 6:19pm Apr 27, 2009 6:19pm
Quoting MissPips
This is because if you add (or initialize) the trix histo after a bar has closed, it has no idea what happend in 'real time' with that bar. The way to fix this 'repainting' would be not to show you the real time info, and only show you the closed info 15 bars back. That would, IMHO, sort of defeat the purpose of the trix histo, which is to show you what is actually happening in tf you are looking at on the higher tf chart.
Thanks MissPips for that info. I totally understand that the trix shows real time action, it was just a little bit frustrating sometimes when you are using the big TF for a signal and when you think it's going in your direction it changes, but I guess that's the way this business is...anything can and will happen.

Thanks again.
  • #10,025
  • Apr 27, 2009 7:01pm Apr 27, 2009 7:01pm
what has everybody been doing while I was away? i see you guys made some modifications.
  • #10,026
  • Apr 27, 2009 7:32pm Apr 27, 2009 7:32pm
Quoting sed34
what has everybody been doing while I was away?
Trading?
  • #10,027
  • Apr 27, 2009 9:03pm Apr 27, 2009 9:03pm
Quoting MissPips
This version can alert you when the HA candles change color
Thanks Miss Pips, I will find that useful
  • #10,028
  • Apr 27, 2009 9:34pm Apr 27, 2009 9:34pm
Quoting cobraforex
Trading?
yep. i'm still trading. i've finally found a way to make consisent gains. i see you guys made an indicator that has everything on one chart. that's very convenient not having to constantly switch between time frames.
  • #10,029
  • Apr 27, 2009 10:32pm Apr 27, 2009 10:32pm
Hi guys, how often do you find yourself firing up your MT4 and only to find a perfect entry present itself 3-4 bars (15-20min) before and you can only sit there to watch it unfold like in the chart attached?

This is learning to be discipline and not to chase trades, knowing there is always another trade upcoming ya?
Attached Image (click to enlarge)
Click to Enlarge Name: 280409_00pips.gif Size: 33 KB
  • #10,030
  • Apr 28, 2009 12:21am Apr 28, 2009 12:21am
Quoting cobraforex
I want to announce that we are going to open a new thread shortly about THV EA trading.

With the help of some very good coders (they will be named at release) we where able to built a beta version that needs to be tested in different TF's, market conditions and pairs.

We (the Team) have a site that is dedicated on back and forward testing but there are so many variables that we decided to fine tune it within FF.

Karun will lead that thread as he has the time and knowledge to show us the way to complete that task.

I think we will be ready...
Wow...this happened fast. I would be priviliged to back and forward test this EA...I have backtested and optimised so many bots trying not to find the Holy Grail but something positive. Look forward to it!
  • #10,031
  • Apr 28, 2009 12:47am Apr 28, 2009 12:47am
Quoting protyne
Hi guys, how often do you find yourself firing up your MT4 and only to find a perfect entry?
This was a great setup, I missed it as well due to too much parties this weekend.

What I liked was the support on the coral before the heavy break of it.

That situations can be mastered with pending orders
  • #10,032
  • Edited 3:54am Apr 28, 2009 3:48am | Edited 3:54am
Quoting protyne
Hi guys, how often do you find yourself firing up your MT4 and only to find a perfect entry present itself 3-4 bars (15-20min) before and you can only sit there to watch it unfold like in the chart attached?

This is learning to be discipline and not to chase trades, knowing there is always another trade upcoming ya?
Lost that one due to connection dropped . Anyway just like you said, there is always another trade upcoming.

Does anyone notice we are on a very very nice down channel on EJ since April 6th?
Manage your risk accordingly and you're half done your home work.
  • #10,033
  • Apr 28, 2009 4:45am Apr 28, 2009 4:45am
Hi,

I'm new to the thread. I was studying it for some days. I find it great. I think I have updated the template so I have most of the indicators on it. I'm getting a lot of messages like "Optimum trading condition on..." I find it really useful but I don't know which indicator is generating it, so I don't know why is trading optimal now and what should I test before I open a trade.

Could someone help me?

Thanks
  • #10,034
  • Apr 28, 2009 5:35am Apr 28, 2009 5:35am
Quoting carlosalic
Hi,

I'm new to the thread. I was studying it for some days. I find it great. I think I have updated the template so I have most of the indicators on it. I'm getting a lot of messages like "Optimum trading condition on..." I find it really useful but I don't know which indicator is generating it, so I don't know why is trading optimal now and what should I test before I open a trade.

Could someone help me?

Thanks
Please read first page - there are a complet of indy + manuals.
This message refer to mtf indicator - if 6 light is green or red - it is excelent setup - but you have to make decision
  • #10,035
  • Apr 28, 2009 5:52am Apr 28, 2009 5:52am
Quoting RobertFx
Please read first page - there are a complet of indy + manuals.
This message refer to mtf indicator - if 6 light is green or red - it is excelent setup - but you have to make decision
Thanks, Robertfx.

I have read both manuals. I saw that the setup for MTF was 6 lights green or red, but I didnt know that the MTF is also sending an alert.

The alert says also in which timeframe shoud we look. I suppose that it is the timeframe where the 6th light appeared. Right?

Thanks again.
  • #10,036
  • Apr 28, 2009 6:53am Apr 28, 2009 6:53am
Unfortunately, not yet.

The alarm is when all four rows in the indicator are the same color. There are not enough buffers to put 6 rows in one instance of the indicator, and I haven't gotten around to making a third indicator that just reads 6 instances of the trix and calls an alarm when they are all the same color.


Quoting carlosalic
Thanks, Robertfx.

Quoting carlosalic

I have read both manuals. I saw that the setup for MTF was 6 lights green or red, but I didnt know that the MTF is also sending an alert.

The alert says also in which timeframe shoud we look. I suppose that it is the timeframe where the 6th light appeared. Right?

Thanks again.
  • #10,037
  • Apr 28, 2009 6:55am Apr 28, 2009 6:55am
Quoting carlosalic
Thanks, Robertfx.

I have read both manuals. I saw that the setup for MTF was 6 lights green or red, but I didnt know that the MTF is also sending an alert.

Attached Image
Manage your risk accordingly and you're half done your home work.
  • #10,038
  • Apr 28, 2009 7:39am Apr 28, 2009 7:39am
Quoting protyne
Hi guys, how often do you find yourself firing up your MT4 and only to find a perfect entry present itself 3-4 bars (15-20min) before and you can only sit there to watch it unfold like in the chart attached?

This is learning to be discipline and not to chase trades, knowing there is always another trade upcoming ya?
Hi,

Looking at the past, every thing is looking good. From your example I see 2 more opportunities just before (and there, the Coral was red) as opposed to the BIG opportunity where the Coral was actually green.
How do you distinguish between the false and the real ones?

What else should be applied to the rules in order for it to work?

Thanks,
Ofer
  • #10,039
  • Apr 28, 2009 8:04am Apr 28, 2009 8:04am
I have rule # 3 copied off the fourm in a doc and rule number 3 of the MTF rules are different

could someone clear this up for me

Rule 3 from

THV3 Multiple Time Frame (MTF) Rules


3) Take the trade as soon as PA touches below/above the coral

says coral

The rules from the post in the fourm for MTF rules says

3) Take the trade as soon as PA touches below/above the Cloud

I'm assuming its the Cloud but a man I trade with has been tradeing it the other way thats How I discovered this and we just want to know which is correct
  • #10,040
  • Apr 28, 2009 8:53am Apr 28, 2009 8:53am
Quoting traderathome
EJ M5 Chart: Starting the new week session with a gap down from 128.58, PA dropped a clean 100 pips to 127.59. Expect some consolidation (loading up on longs) for upwards move to break whole number 128.00, close gap at 128.58, and move on up.....imho.

Edit: Add second EJ M1 Chart showing Bollinger band pinch, FE extension 424% aligns with mR1 = 128.74, so that is my first target. My entries average 127.92.

Edit: PA driven down another 26 pips to a low of 127.33 (so far). If this is going to fill gap and move higher, the market movers will want...
Hi TAH,

are you still holding these longs?

Karun
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