DislikedHi B:
I think I have missed something here. I thought the MTF THV is going for 6 lights? When did MissPips change to 10? TIA
Have a good one
JeffIgnored
Cashmeer, correct me if I'm wrong and apologies for jumping the gun here
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DislikedHi B:
I think I have missed something here. I thought the MTF THV is going for 6 lights? When did MissPips change to 10? TIA
Have a good one
JeffIgnored
DislikedMonkey (Can I call you that LOL...or I'll just call you Luffy)
That was a great trade...if we could just wait all day for those kind of setups we would all be less stressed! Please keep posting your charts...
Also, I wanted to ask you if you intentionally left out the MTF cloud indicator...I found that it too proves to be helpful...
Thanks,
CashmeerIgnored
DislikedThe MTF THV goes for 6 lights, but what Cashmeer was implying is that the chart already has 6 lights and if you include divergence calculation as per MissPips(she counts 4 lights for divergence), then it becomes total of 10 lights.
Cashmeer, correct me if I'm wrong and apologies for jumping the gun hereIgnored
DislikedThe MTF THV goes for 6 lights, but what Cashmeer was implying is that the chart already has 6 lights and if you include divergence calculation as per MissPips(she counts 4 lights for divergence), then it becomes total of 10 lights.
Cashmeer, correct me if I'm wrong and apologies for jumping the gun hereIgnored
DislikedThanks Karun...perhaps I did not express myself clearly....
I'm sure Jeff will sort it out, he definitely knows what he's doingIgnored
DislikedI wish I could post the sequence of events that took place in the last trade but it's difficult to do after all the T/Ls are drawn....anyhow....
After ignorantly failing to close in profit....I found myself in a trade at - 6 pips...
The charts were telling me to be almost absolutely sure that PA was about to rocket against me and stop me out.
I closed the trade before PA rocketed through 1.3600 to about 1.3614, well past my ATR S/L...
The reason that I bolded "almost absolutely sure" is that I was almost absolutely sure...Ignored
Disliked
Especially in scalping, we need to have hardcore discipline....No worries, next trade...
Have a good one
JeffIgnored
Dislikedcan someone with experience of the standard THV indicator on larger timeframes
for clarity confirm that the THV only potentially repaints the *last* bar
on larger timeframes i.e. hr4, daily, weekly... ?
thanks!Ignored
DislikedHi FF, ,
I would like to know what does this parameters mean in the THV3_SDX-TzPivots_v4
1- Loacal_HrsServerTzFromGMT
2- Destination_HrsNewTZfromGMT
My broker is GMT+2 and i am in GMT+3 zone, then what should be the setting for the above parameters ?
thanksIgnored
DislikedI wish I could post the sequence of events that took place in the last trade but it's difficult to do after all the T/Ls are drawn....anyhow....
After ignorantly failing to close in profit....I found myself in a trade at - 6 pips...
I found that it requires a lot of practice to find a balance...it's an ongoing process
quote]
Great point! I too as many traders I'm sure have a challenge with this. Follow the 10 pip profit (for THV's) or go for an organic discretionary decision about where to exit based on other factors/analysis...Ignored
DislikedIf you mean it only paints the condition at close of that bar, you are correct.
Let me try to clarify that. I don't look at THV on H4, D1 or W1, but I do extensively on H1 and M30. The current candle will repaint over and over, as conditions change over the duration of that candle. Then, the final "paint" is the color at close.
If there are any erroneous repaints after close, I have not seen them, been able to prove them, or felt them a hindrance.Ignored