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THV system, final edition

  • #10,361
  • May 6, 2009 11:48am May 6, 2009 11:48am
[quote=proverbs;2716113]All,
I have been trading higher time frames and have found a setup that happens over and over again that is working well for me after much DEMO testing that I wanted to share as part of my give back to this great community.
Note: I find these rules work on any time frame.

The entry rules I am following don't have to happen in any specific order:

Entry:
1. Fast TRIX steady color or closed color change in trade direction.
2. Stoch (9,3,3) closed cross in same trade direction. (works better if coming out of overbought or oversold)
3. 4 EMA and 7 EMA closed cross in same trade direction.
Note: The closer all three of these happening at the same time, the stronger the move will be.

Exit:
I move to break even once in a comfortable GREEN pip territory. (your risk level may very)
Then I manually trail a stop loss on the high of the previous Heikin-Ashi candle. If the previous candle is an inside bar then i ignore it and wait for the next candle to form.
Note: I am using a variation of the 3 bar reversal method for my exit but since the HA candles are longer than a normal candle I find the previous HA candle seems to work just fine unless there is a retracement before I move to break even. This is why I actively manage my trades and manually move my stops

Enjoy!

Can i have the indi please?
  • #10,362
  • May 6, 2009 12:08pm May 6, 2009 12:08pm
Greetings:

Here was another much quicker trade...for 10pips out at the 23.6% fibs of the last bear move...

Considerations:

1.) Break of Trix T/L
2.) Break of Coral
2.) 1 Min slow trix below 0 line
3.) 6 + MTF Red lights

Sometimes the arrows on the trix generated by the div indicator confuse me. I know I can have it draw lines but I prefer not to. Again, I do not always pay attention to them, I just look for divergence that I can clearly see...
Attached Image (click to enlarge)
Click to Enlarge Name: thv mtf - 013.jpg Size: 183 KB
Deprive a man of everything and you give him nothing to lose.
  • #10,363
  • May 6, 2009 12:13pm May 6, 2009 12:13pm
Time shows on your chart. Not in PC time. No need to change time shown on your PC.

Screenshot attached.
Attached Image (click to enlarge)
Click to Enlarge Name: Time.jpg Size: 79 KB
  • #10,364
  • May 6, 2009 12:25pm May 6, 2009 12:25pm
Another 10 + Pips...

Considerations:

1.) TRIX TL Break
2.) Slow Trix Below 0
3.) 6 + MTF Red Lights


Trade at clear break of coral and cloud.

Short @ 1.3305, TP @ 1.3293
Attached Image (click to enlarge)
Click to Enlarge Name: thv mtf - 014.jpg Size: 179 KB
Deprive a man of everything and you give him nothing to lose.
  • #10,365
  • May 6, 2009 12:29pm May 6, 2009 12:29pm
Quoting cashmeer
Another 10 + Pips...

Considerations:

1.) TRIX TL Break
2.) Slow Trix Below 0
3.) 6 + MTF Red Lights


Trade at clear break of coral and cloud.

Short @ 1.3305, TP @ 1.3293
Hi Cashmeer,

Thanks for sharing your trades today. You're always so good at illustrating them, too. What you point out is what I love about THV. There is literally something there for everyone - any method, any timeframe, any variation off the THV/Trix foundation.

Way to go friend,
Ed
Up or down, gimme a ticket
  • #10,366
  • May 6, 2009 1:00pm May 6, 2009 1:00pm
Quoting SpecialEd
Hi Cashmeer,

Thanks for sharing your trades today. You're always so good at illustrating them, too. What you point out is what I love about THV. There is literally something there for everyone - any method, any timeframe, any variation off the THV/Trix foundation.

Way to go friend,
Ed

Ed:

Thanks....I hope the posts are helpful....

By the way, congrats on the 10+ vouchers....

I think we have a dozen or more 10+ voucher traders and team players in here!
Deprive a man of everything and you give him nothing to lose.
  • #10,367
  • May 6, 2009 1:11pm May 6, 2009 1:11pm
Quoting SpecialEd
Hi Cashmeer,

Thanks for sharing your trades today. You're always so good at illustrating them, too. What you point out is what I love about THV. There is literally something there for everyone - any method, any timeframe, any variation off the THV/Trix foundation.

Way to go friend,
Ed
Yup. We have a lot of examples trading on THV here. I'd save some good posts and pic on my MS Note. Maybe when it is complete enough, I will post it here as a documentation. But I think we need more screen shot on higher TF (>15m). BB and Ed, mind to share more your trades?

Cash, keep goin I always love your posts. Clean and keen on divergence.
Manage your risk accordingly and you're half done your home work.
  • #10,368
  • May 6, 2009 1:12pm May 6, 2009 1:12pm
Quoting cashmeer
Ed:

Thanks....I hope the posts are helpful....

By the way, congrats on the 10+ vouchers....

I think we have a dozen or more 10+ voucher traders and team players in here!
Thanks. Looks like I overlooked a respected trader. Just fixed that.
Up or down, gimme a ticket
  • #10,369
  • May 6, 2009 2:27pm May 6, 2009 2:27pm
Adunk:

Thank you for your sharing. Finally, I can clearly see my local time on MT4 chart. MT4's time is always a weirdo to me

Have a good one
Jeff

Quoting adunk1
Attached is a little indicator I have used for many years. Just kinda handy to convert time on the chart to local time.

It displays at bottom of chart, is vertical so as to be more exact, and only shows in yellow color (as far as I have ever used). Default time is 4 (hours from data feed). You can set to whatever time in your local from data feed time. Mine is set to "8", as this is number of hours from data feed time to my local time (CST).

Just saves having to mentally adjust time from data feed time to local time.
~*~You are only one trade away from humility~*~
  • #10,370
  • May 6, 2009 2:37pm May 6, 2009 2:37pm
....Can't ask for more when it comes to entry signals....

Have a good one
Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: EUR THV 05062009 (i).jpg Size: 187 KB
~*~You are only one trade away from humility~*~
  • #10,371
  • May 6, 2009 2:46pm May 6, 2009 2:46pm
Quoting jharteam
....Can't ask for more when it comes to entry signals....

Have a good one
Jeff
Absolutely!

Deprive a man of everything and you give him nothing to lose.
  • #10,372
  • May 6, 2009 2:55pm May 6, 2009 2:55pm
Quoting jharteam
....Can't ask for more when it comes to entry signals....

Have a good one
Jeff

Hello Friend,

Its very good graphics in this look ... But I have a question, where would be the point of entry?

- In the break of the TL in PA ???
- In the break of the TL in the Trix ???
- When the Slow Trix is below 0 ???


In Trix Hist, no appeared 6 red lights... Not a bad entry???

Thanks
I am Brazilian and I never give up!
  • #10,373
  • May 6, 2009 3:05pm May 6, 2009 3:05pm
Hi Windelevel:

I always enter based on Price Action break as they are the ultimate leading indicator of all; and don't forget, all indicators are based on prices, hence, price break of a trend line (along with the correct setups of various patterns and Trix) should trigger an entry. You are correct to point out that slow Trix above/below zero should be the correct (and safe) entry; but personally, I don't wait for them when it comes to scalping. It's just a personal thing in market interpretations. For MTF THV, I'm testing on it only and all my trading are just based on the Andrew's lines and the original THV presentation. Hope this helps. Take care

Have a good one
Jeff

Quoting windelevel
Hello Friend,

Its very good graphics in this look ... But I have a question, where would be the point of entry?

- In the break of the TL in PA ???
- In the break of the TL in the Trix ???
- When the Slow Trix is below 0 ???


In Trix Hist, no appeared 6 red lights... Not a bad entry???

Thanks
~*~You are only one trade away from humility~*~
  • #10,374
  • May 6, 2009 3:25pm May 6, 2009 3:25pm
Quoting jharteam;
Re:1-min Eur/Usd Scalping....Can't ask for more when it comes to entry signals....

Have a good one
Jeff
And that my friend is what they call a home run when you were just there to scalp a few.
Listen to the whispers.... You may learn something
  • #10,375
  • May 6, 2009 4:08pm May 6, 2009 4:08pm
Bear in mind on D1 are forming very dangerous formation -MEL (Marks, Engels Lenin) Lenin is still forming, but be carefull
Attached Image (click to enlarge)
Click to Enlarge Name: mel.gif Size: 9 KB
  • #10,376
  • May 6, 2009 4:32pm May 6, 2009 4:32pm
Hello,

Can somebody walk me step by step on how to setup alerts for my phone/email on the trix crossovers, Please, I have been looking all over the place and can't seem to find one explanation that helped.

Love this method, Just need alerts.

Really appreciated.

Thanks
  • #10,377
  • May 6, 2009 5:43pm May 6, 2009 5:43pm
Quoting RobertFx
Bear in mind on D1 are forming very dangerous formation -MEL (Marks, Engels Lenin) Lenin is still forming, but be carefull
Attachment
is this a joke or it really exist?
  • #10,378
  • May 6, 2009 8:00pm May 6, 2009 8:00pm
EU M1 Chart: Entered on fail at TL with MTF Trix all red. Closed on second hit of BB FE 338% level after a pronounced run down.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot # 172.gif Size: 58 KB
  • #10,379
  • May 6, 2009 8:11pm May 6, 2009 8:11pm
Nice pips there.

Quoting traderathome
EU M1 Chart: Entered on fail at TL with MTF Trix all red. Closed on second hit of BB FE 338% level after a pronounced run down.
  • #10,380
  • May 6, 2009 9:31pm May 6, 2009 9:31pm

Hello Friend,

Thanks for answering me ... You are always very attentive.

Have a great Thursday



Quoting jharteam
Hi Windelevel:

I always enter based on Price Action break as they are the ultimate leading indicator of all; and don't forget, all indicators are based on prices, hence, price break of a trend line (along with the correct setups of various patterns and Trix) should trigger an entry....
I am Brazilian and I never give up!
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