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THV system, final edition

  • #10,461
  • May 8, 2009 3:58am May 8, 2009 3:58am
I beg you to make an alert and email alert on Cloud histo bar
and Trix histo bar...all six lights

I find it very usefull on my 15min TF trades in combination with ema crossover signals

It would be realy nice!
Work smart not hard
  • #10,462
  • May 8, 2009 4:01am May 8, 2009 4:01am
Quoting sony
I beg you to make an alert and email alert on Cloud histo bar
and Trix histo bar...all six lights

I find it very usefull on my 15min TF trades in combination with ema crossover signals

It would be realy nice!
Regards
Attached Image (click to enlarge)
Click to Enlarge Name: long.gif Size: 36 KB
Work smart not hard
  • #10,463
  • May 8, 2009 6:53am May 8, 2009 6:53am
Quoting Pipnosis
I'm curious what some more experienced THV'rs do. When putting on a trade with the 6 lights criteria, do you wait until the timeframe has closed or do you sometimes trade during the time frame when six greens/reds are there? In this picture, I entered when it was 6 greens, but it quickly changed to red, so at the close of the period I didn't have 6 greens. It seems to me that (especially on the 1M histo) that the final color on the 1M histo can be rather arbitrary whether or not that 1M stays a certain color due to normal (and rather small) volatility....
what do you think about this setup of the first histo? i have the same as TAH: 1 fast 5 fast 15 fast 30 fast.. any advice?
  • #10,464
  • May 8, 2009 7:16am May 8, 2009 7:16am
Quoting Pipnosis
Cool, I was looking at 6 screens, that would make sense!

Here's an update... +14 pips. It works, it really works!
Doesn't you have to wait for the M1 Fast to get green according to the rule "Two of the lights have to be in the first two rows (m1 and m5)"
  • #10,465
  • May 8, 2009 8:35am May 8, 2009 8:35am
what do you think? you can see it better on 30'
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  • #10,466
  • May 8, 2009 9:14am May 8, 2009 9:14am
E/U 1min
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trade1.gif Size: 33 KB
Click to Enlarge Name: trade2.gif Size: 41 KB
Click to Enlarge Name: trade3.gif Size: 34 KB
  • #10,467
  • May 8, 2009 9:26am May 8, 2009 9:26am
hi busy thread!

i am testing the thv mtf indicator "thv 2 m4 TF Trixhisto BarV3.1.5.3"...
If you look back at data it only goes back so far, and then each bars signal eventually turns permantely red.
is there anyway to modfiy it so that the number of bars it calculates is increased?
it does not appear to be an option in the "inputs" of the indicator as is the case with most indicators,
and the mq4 file for this indicator does not seem to be available?

cheers!
  • #10,468
  • May 8, 2009 10:29am May 8, 2009 10:29am
Hello Friends,

I'm working on top of a SL / TP and MM that I present here for you, and I would like to know the opinion of all.

(Before continuing, sorry for my bad English ... For help in understanding, will use pictures to demonstrate understanding of all the best.)

Well, let's go!

In this rule all we use is basically on top of percentages.


As an example, we use an account balance of $1.000 U.S. dollars.

In time to make a trader, I use the following rules:
- SL = 3% of the account balance
- TP = 2% of the account balance

In practice, when is a signal for an entry, you must identify how you will use the Pips SL, to set the size of the Lot you will use in that order, which will amount to 3% of the account balance.

For example, the system THV of an input signal where I use the 20 pip SL, so I use 3% of SL in my account of $ 1,000 ... To make that account using the following equation: ($ 1,000 * 3% / 20pip / 10 = 0.15 Lot) ... So for this trader of 20pip of SL we use Lot 0.15


Now that I set the SL and the Lot, we must define how we will use the Pips TP, so that the trader has 2% of TP ... For this we use the following equation: (SL * 67% = TP) >>> (20pip * 67% = 13.4 Pip) ... Then we use the 13.4 pip TP ... If your broker has not fractionated pips, you should round off your TP for 13pip or 14pip ...

In short, the higher your SL, the greater should be the TP, always following the rule of: SL3% / TP2% ...


Below a picture as an example:

Attached Image (click to enlarge)
Click to Enlarge Name: exemplo01.jpg Size: 342 KB



I particularly mount in an Excel formula where I got it for only the SL and the account balance, which makes the already calculated for me the TP and the size of the Lot ... That takes the hassle out of the trader

Attached Image



I hope that somehow this topic might help someone ... I would also like to know the opinion of all.

Thank you and good for all the weekend



EDIT: If you think that SL of 3% is high or low, you can set the MM to a value that you feel more comfortable ... Example: SL 1% and TP 0.66% ..... SL 5% and TP 3.3%... etc. The TP will always be 67% of the value of SL.

I am Brazilian and I never give up!
  • #10,469
  • May 8, 2009 12:23pm May 8, 2009 12:23pm
Hello Cobraforex... and greetings to everyone... I was searching the internet for MAs crossing audible signal and... my search led me here... I see not only a SIGNAL but a beautiful creation - a whole trading system - THV... CONGRATULATIONMS Cobraforex for making it and sharing of your work... and Congratulations to the whole of COBRA team here... your work makes the life of the average home trader much, much simpler... THAK YOU!

--------------------------
Hi Cashmeer...
- I found your question here...
http://www.forexfactory.com/showpost...postcount=4533

... and I face the same problem you did... am with FxPro and FFCALL in not working for me as well... did you find a solution...? if yes would you please let me know how to make it work...?

Thanks

--------------------------------------------------------------

Hi Trader@home
- I see on your post...
http://www.forexfactory.com/showpost...ostcount=10434

you use TRIX v5.4.9.3... I downloaded the files from the first page of this trade and... have only version THV Trix v4.01... could you let me know where the latest TRIX versions are...?

Thanks!
  • #10,470
  • May 8, 2009 12:50pm May 8, 2009 12:50pm
Wellcome Enki

The Trix indicator of T@H is another way to see PA on a trix, he will not share this indicator which he developed for himself as there will be no educational support for it.
The higher number of his version doesn't say that it is more advanced, it's just a different way to look at a trix.

Happy trading

Quoting EnkiJr
Hello Cobraforex... and greetings to everyone... I was searching the internet for MAs crossing audible signal and... my search led me here... I see not only a SIGNAL but a beautiful creation - a whole trading system - THV... CONGRATULATIONMS Cobraforex for making it and sharing of your work... and Congratulations to the whole of COBRA team here... your work makes the life of the average home trader much, much simpler... THAK YOU!

--------------------------
Hi Cashmeer...
- I found your question here...
http://www.forexfactory.com/showpost...postcount=4533...
  • #10,471
  • May 8, 2009 1:43pm May 8, 2009 1:43pm
Not right now. The mtf histo uses iCustom to call the trix, which has about 50 external input variables. With so many of them, I never succeeded in specifying the ones I wanted (if you specify one you have to specify all of them). So I just call the trix with the defaults, which is 750 bars.
Quoting creativename
hi busy thread!

i am testing the thv mtf indicator "thv 2 m4 TF Trixhisto BarV3.1.5.3"...
If you look back at data it only goes back so far, and then each bars signal eventually turns permantely red.
is there anyway to modfiy it so that the number of bars it calculates is increased?
it does not appear to be an option in the "inputs" of the indicator as is the case with most indicators,
and the mq4 file for this indicator does not seem to be available?

cheers!
  • #10,472
  • May 8, 2009 2:28pm May 8, 2009 2:28pm
Here was a late session trade...

My Considerations for going long were as follows:

1.) PA had already broke through R3 and tested 1.36000 once.
2.) Clear Divergence and Bounce off of the Coral within 15 -20 pips of 1.36000
3.) During the trade a break of a TRIX T/L and Cross of 0 on the TRIX


The yellow arrows show how many times TRIX bounced off of the T/L and the last arrow is when TRIX broke upwards while in the trade, as a good indication to hold on...

Good for 20+ pips...
Attached Image (click to enlarge)
Click to Enlarge Name: thv mtf - 016.jpg Size: 160 KB
Deprive a man of everything and you give him nothing to lose.
  • #10,473
  • May 8, 2009 2:29pm May 8, 2009 2:29pm
Quoting traderathome
Good idea....using color "CLR_NONE" ?
Lol...just used the black colour....is not perfect but does the job..
  • #10,474
  • May 8, 2009 2:31pm May 8, 2009 2:31pm
Quoting EnkiJr
--------------------------
Hi Cashmeer...
- I found your question here...
http://www.forexfactory.com/showpost...postcount=4533

... and I face the same problem you did... am with FxPro and FFCALL in not working for me as well... did you find a solution...? if yes would you please let me know how to make it work...?

Thanks
Hello:

In the link you posted is my answer to the question. It says "Hello Dx: Thanks to Scrutch, I think the problem may be that you need to make sure under the common tab, "Allow DLL Imports" is checked"


Cashmeer
Deprive a man of everything and you give him nothing to lose.
  • #10,475
  • May 8, 2009 3:27pm May 8, 2009 3:27pm
hey can anyone confirm whether its just the last bar of the thv trix that repaints?
  • #10,476
  • May 8, 2009 4:56pm May 8, 2009 4:56pm
TO Traderathome

Quoting gigio
hello friend if you could please post the
indicators that you see on the picture, thanks
atentamente
Please could your post your indicators )) Your charts look very nice, I had quite a few bad trades last week I don't know why ( I trade on H4 charts) so I would like to check how the last week would look in your charts)

Also how is developing of EA going? Just curious (because I missed a few entry points at 4 am ))) ... sorry for the off topic but there is no thread for ea.
  • #10,477
  • May 8, 2009 5:17pm May 8, 2009 5:17pm
Quoting Vitaliy
TO Traderathome

Also how is developing of EA going? Just curious (because I missed a few entry points at 4 am ))) ... sorry for the off topic but there is no thread for ea.
I'm very interested in development of THV ea too. THV is a great system but I don't have as much time for trading as I would like (work, college and only 24 hours a day ). I hope I haven't broken forum rules with this thread. If I have I apologize.
  • #10,478
  • May 8, 2009 7:30pm May 8, 2009 7:30pm
Quoting MissPips
Well, I don't really like to comment about a currency I don't trade, but I will make a few observations. The first one is that sometimes I do enter a trade before a bar is closed, but I'll usually wait till the last 20 seconds. I consider that pretty safe on the Euro because it's like a s
Thank you for taking the time to write such thoughtful commentary on my question. I get your point about the E/U being a steamroller and I also understand that if the light changes during the last few seconds or so..then it could be considered in alignment w/the others, just so long as it was agreeing with the other necessary 5 lights for the majority of the TF. Thank you again, your feedback is appreciated.
Pipnosis "Mistakes are the portal of discovery." - James Joyce
  • #10,479
  • May 8, 2009 7:32pm May 8, 2009 7:32pm
Quoting pattinatore
what do you think about this setup of the first histo? i have the same as TAH: 1 fast 5 fast 15 fast 30 fast.. any advice?

I really haven't tested the setup you are referencing. Maybe someone else has? Or maybe you'll test it and let us know? I've always got my ears and eyes open for fine tuning!
Pipnosis "Mistakes are the portal of discovery." - James Joyce
  • #10,480
  • May 8, 2009 7:34pm May 8, 2009 7:34pm
Quoting ZieG
Doesn't you have to wait for the M1 Fast to get green according to the rule "Two of the lights have to be in the first two rows (m1 and m5)"
Yes you are correct. If you look at the oriignal post and chart you'll see the question is about the 1M light changing during the TF. The question is "should one wait until the close of the TF before making the trade?". Miss Pips and Cobra provided some good advice in their answers.
Pipnosis "Mistakes are the portal of discovery." - James Joyce
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