THV system, final edition | Page 512 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #10,221
  • May 1, 2009 5:05pm May 1, 2009 5:05pm
Quoting karun
I think some body else also had this kind of issue, few pages earlier in the thread, check it out if its the same issue. I think that user had too many indicators in the MT4 folder and after clean up it was fine.

I encountered something similar... not only did my indies disappear from the screen--they disappeared from my Navigator window.

I had too many indicators. I think it was upwards of 500 after I unzipped a whole wad of them a couple weeks ago.

I now only have about 100 in there--I will weed it down further in time. I think the max I cleaned out after I made my mistake is you can have about 200-250 in there and no more.

It's also a good thing to check how much juice your indicators take up--some are pretty memory intensive and will cause the action to lag.

THV ones are very computer friendly. Even FFCal isn't bad.
  • #10,222
  • May 1, 2009 6:45pm May 1, 2009 6:45pm
Awesome..thanks I am going to work on getting rid of some more and see if that works..thank you!

Brian
  • #10,223
  • May 2, 2009 9:48am May 2, 2009 9:48am
Wonderful! This is what I'm looking for. Now I don't have to flip between tab on MT4. Thanks a lot misspips . You're the man. Oopss... the woman.

Quoting MissPips
New Ha candles version can display both regular and HA candles on the same chart. For those times you don't want to miss that great pinbar
Manage your risk accordingly and you're half done your home work.
  • #10,224
  • May 2, 2009 11:42am May 2, 2009 11:42am
I'm new here and checking out all different threads. I see so many EA's out there..are there any that REALLY work?? I think trading is done manually..If EA's were so good, then banks wouldn't hire people, they'd just let machines do it! I've not come across an EA worth anything and a good trader can just look at charts and tell you what's going on..
My opinion, but prove me wrong?
Take care and happy PIP hunting..
  • #10,225
  • May 2, 2009 3:42pm May 2, 2009 3:42pm
Yeah, me too. I don't know if I'll keep it forever, but I'm using it to train my eye to see what the HA candle is really telling me in terms of real candles.

Quoting personalme
Wonderful! This is what I'm looking for. Now I don't have to flip between tab on MT4. Thanks a lot misspips . You're the man. Oopss... the woman.
  • #10,226
  • May 2, 2009 7:00pm May 2, 2009 7:00pm
Quoting goldenboy
I'm new here and checking out all different threads. I see so many EA's out there..are there any that REALLY work?? I think trading is done manually..If EA's were so good, then banks wouldn't hire people, they'd just let machines do it! I've not come across an EA worth anything and a good trader can just look at charts and tell you what's going on..
My opinion, but prove me wrong?
Take care and happy PIP hunting..
Don't know how far into this thread you've been reading, but this isn't an EA....THV is a manual system.

The EA's posted in this thread are not trading robots-- they're for money/pip management.
  • #10,227
  • May 2, 2009 11:38pm May 2, 2009 11:38pm
This CaveManager EA is EXACTLY the MM thing that I was looking for.

A man needs a weekend to find out that he downloads stuff and then when he does not organize it immediately, it stays on the desktop and after a few days you don't recall what it exactly would do if you load it.

I had it confused with the trading EA and now understand why Cobra got confused when I asked him about two versions, as this is a completely different tool.

Anyway.......THANKS to the developer.
  • #10,228
  • May 3, 2009 6:40am May 3, 2009 6:40am
Quoting MissPips
New Ha candles version can display both regular and HA candles on the same chart. For those times you don't want to miss that great pinbar
Thanks MissPips, that's what I'm looking for.
But when I place it on my chart it's direct on my THV3 HA and not as on your picture above the HA? What does I make wrong, or are there special settings to show the regular above the HA candles?
Can you help me?
I'm new here and the THV from Cobra is so great.
Futher where can I find the THV Histo indicators? They are looking fine.
Ashi
  • #10,229
  • May 3, 2009 7:57am May 3, 2009 7:57am
Quoting Ashi
Futher where can I find the THV Histo indicators? They are looking fine.
Ashi
Don't know what you're doing wrong, MissPips will help you on that.

But the MTF Histo files you find in the first page of this thread together with a manual how to use 'em.
  • #10,230
  • May 3, 2009 8:15am May 3, 2009 8:15am
Quoting cobraforex
Don't know what you're doing wrong, MissPips will help you on that.

But the MTF Histo files you find in the first page of this thread together with a manual how to use 'em.
Thanks
Cobraforex for fast answer
Lieber Gruss aus Zürich
Ashi
  • #10,231
  • May 3, 2009 8:36am May 3, 2009 8:36am
Quoting goldenboy
I'm new here and checking out all different threads. I see so many EA's out there..are there any that REALLY work?? I think trading is done manually..If EA's were so good, then banks wouldn't hire people, they'd just let machines do it! I've not come across an EA worth anything and a good trader can just look at charts and tell you what's going on..
My opinion, but prove me wrong?
Take care and happy PIP hunting..
Welcome to thread mate!
Not being rude here..but I have no idea what you are talking about..anyone? First of all the topic(assuming its about EA'S) is AGAINST the rules of this thread. No EA talk here.There are separate links to that if you're interested. Please do the due diligence in educating yourself by going through the thread as to how this trading strategy works.
There are some wonderful souls in this thread who are willing to help serious traders as I've found out in past.
All the best
Kaz
  • #10,232
  • May 3, 2009 9:30am May 3, 2009 9:30am
Quoting goldenboy
I see so many EA's out there..are there any that REALLY work??
Yes, there are a lot of good EA's out there which can be profitable.

But that doesn't help at all if you aren't a good trader and know how and when to send 'em to trade.

A good example is Ronald Raygun, he has about 30 EA's in his PC's but he knows what is the actual market condition and how long that condition may last to activate the correct EA for it.

We are closed to open a new thread with an THV EA which is a hell of a robot with a zillion of variables to set. Recently we got the last version to prove before release.

I'm sure that even Ronald will be astonished about that masterpiece

Hope I don't get banned by myself for the offtopic
  • #10,233
  • May 3, 2009 10:47am May 3, 2009 10:47am
Set type to 3, as shown. People, I want to encourage everyone not to be afraid to play with the settings on the indies I coded, and try different ones, different combinations of rules, and different timeframes (demo first obviously). None of the indies will break if you change the settings (at least I hope not), and since I only have two eyes I can only offer one person's perspective. I'm sure there are a lot more useful observations to be discovered and shared by other folks willing to experiment.


Quoting Ashi
Thanks MissPips, that's what I'm looking for.
But when I place it on my chart it's direct on my THV3 HA and not as on your picture above the HA? What does I make wrong, or are there special settings to show the regular above the HA candles?
Can you help me?
I'm new here and the THV from Cobra is so great.
Futher where can I find the THV Histo indicators? They are looking fine.
Ashi
Attached Image (click to enlarge)
Click to Enlarge Name: ha2.png Size: 70 KB
  • #10,234
  • May 3, 2009 11:51am May 3, 2009 11:51am
In post #10186, SpecialEd explains how he has been using THV on the M30 time frame with good results.

This is excellent information! I spent some time backtesting his method and comparing it with what I have doing on the M15. Similar strategy with similar results. My approach is a little simpler with fewer indicators, but we are both trading the larger trend on a smaller time frame, but without the noise and stress associated with the M1 and/or M5.

In my next post I'll explain my approach on the M15. But if you want a solid way to trade the M30, I suggest studying and testing Ed's method.
  • #10,235
  • May 3, 2009 12:03pm May 3, 2009 12:03pm
Anyone successfully trading 15 min and/or 1 hour charts
please post your tweaks to thv3 for this and rules
for your trading

thank you so much

Brian
  • #10,236
  • May 3, 2009 1:17pm May 3, 2009 1:17pm
Continuing on with the M15 and higher discussion, here are some techniques I like to use. But first a disclaimer:

(( DO NOT use any of these suggestions without doing your homework and testing; make any strategy "your own" first before trading it. Also, please don't ask me any newbie-style questions that can be answered by doing a little research here at FF or on the web with Google. Don't ask about stop losses, profit targets, money and risk management, fibs, S & R levels, average pip gain, trend lines, HA candles, MAs, MT4 features, profits, divergence, how to boot your computer, clean the monitor screen or any other rookie topics. If that request offends you, stop reading right here and DON'T look at my charts. ))

THV is trend trading. Earlier in this thread someone explained trends within trends (small waves or cycles within larger waves or cycles). We want to identify the larger ones and then wait for the smaller ones to align with these before we consider entering a trade. We will ride the smaller waves in the same direction as the larger ones (surf analogies are ingrained with me).

Chart #1 is H1 with 2 EMAs and 2 NLMAs (I'll attach the NLMA indi)
21 EMA (gold), 89 EMA (red), NLMA 13 on open, NLMA 13 on close
Look at the chart: the 89 EMA shows the larger trend while the 21 EMA shows the immediate PA as the price moves along this MA. On the left of the chart is a period of ranging; difficult but not impossible to trade for smaller gains. Farther to the right is a nice down trend followed by a great up trend. Study the MAs to get a feel for PA and trend. I refer to the area between the MAs as "no-man's-land"; dangerous territory to trade. It's usually better to wait for the price to move outside this area.
On this H1 chart I'm watching for the fast Trix to change color signalling a possible trend change and I would like the HA candle to close outside the cloud.
Yellow verticle lines show potential trade signals that are not the best because price is moving towards the MA; be very careful !!!
White verticle lines show good potential trade signals. The fifth verticle white line from the left is drawn where the price moves up out of the "no-man's-land" AND the slow Trix line is green. This is a good signal even though the fast Trix is red (it's red because of the small preceeding price pull-back). You could wait till the next white verticle line for a safer signal.

The signal is confirmed when the H1 candle closes AND the fast Trix has changed color. Now it's time to go to the M15 and see if we have an entry signal. We'll do that in the next post.
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy1.png Size: 71 KB
  • #10,237
  • May 3, 2009 1:33pm May 3, 2009 1:33pm
Chart #2 we have gone to the M15 and I have advanced the vertical lines to show the correct timing based on the close of the appropriate H1 candle. The white lines show good entry signals. The yellow is dangerous because the price is in "no-man's-land"; the green would be a safer follow-up signal.

Chart #3 I have switched to standard candles to better show the PA.
The first signaled trade would have pulled back 42 pips before heading lower. Depending on your chosen S/L, you might have been stopped out. Not all trades are winners!!! If that happened, another entry was signaled four candles to the right when the price went below the cloud and closed; this trade had a max potential of 41 pips. This is what I mean when I say make any method "your own".
The green vertical and the last white vertical show excellent trades; both Trix are green, separated and pointing upward. Even the yellow line trade could have been managed for a profit.

The NMLA is there to give a feel for PA.

In the next post I'll show how I have integrated some of SpecialEd's ideas for what I think is a great trade setup.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur_jpy2.png Size: 51 KB
Click to Enlarge Name: eur_jpy3.png Size: 52 KB
  • #10,238
  • May 3, 2009 1:45pm May 3, 2009 1:45pm
In chart #4 I have added the MTF Trix Histo as per SpecialEd's setup with these setttings: M30Fast, M30Slow, M60Fast, M60Slow.

Four aqua lines are placed where the M60Fast changes color. Remember this was the first signal we wanted from chart #1.

Aqua #1 would have put us in this trade earlier, potentially avoiding a losing trade as discussed earlier.

Aqua #2 is against the trend on the M15; I don't like those setups, but this one would have been profitable. Just be careful!

Aqua #3 is also against the trend; see what can happen.

Aqua #4 is a very good signal for about 65 pips.

This week I will be testing the setup in this last chart on the M15 using the Trix Histo. Thanks Ed!!!
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy4.png Size: 54 KB
  • #10,239
  • May 3, 2009 1:48pm May 3, 2009 1:48pm
As promised...
Attached File(s)
File Type: ex4 NonLagMA_v7.ex4   8 KB | 788 downloads
File Type: mq4 NonLagMA_v7.mq4   6 KB | 1,013 downloads
  • #10,240
  • May 3, 2009 1:56pm May 3, 2009 1:56pm
BeachBum:

Thanks a lot for a very thorough and informative explanations regarding the use of your MAs and in trading with higher time frames. Very useful indeed.

Have a good one
Jeff


Quoting BeachBum
In chart #4 I have added the MTF Trix Histo as per SpecialEd's setup with these setttings: M30Fast, M30Slow, M60Fast, M60Slow.

Four aqua lines are placed where the M60Fast changes color. Remember this was the first signal we wanted from chart #1.

Aqua #1 would have put us in this trade earlier, potentially avoiding a losing trade as discussed earlier.

Aqua #2 is against the trend on the M15; I don't like those setups, but this one would have been profitable. Just be careful!

Aqua #3 is also against the trend; see what can happen.

Aqua #4...
~*~You are only one trade away from humility~*~
8 traders viewing now