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THV system, final edition

  • #11,001
  • May 27, 2009 7:08am May 27, 2009 7:08am
Yes you can change color. After you do all changes save your template with a new name, else the system will revert to the initial template as soon as you close the chart.
If you're not part of the solution then you're part of the problem.
  • #11,002
  • May 27, 2009 8:04am May 27, 2009 8:04am
Quoting pattinatore
hi at all.. i trade thv for many months...
i would like to see your exit signals...
i think that on 5' and 1m exit on trix change color is too late... what do you use? a take profit?

thx to all...
hello pattinatore:

I use a variety of exit signals:

1.) Fixed pips e.g. 10 - 15 pips close 50% - 75% of the position and then BE to entry.
2.) Some level of support or resistance e.g. pivot point or as in the example of the last chart I posted, on the 5 min the PA stopped exactly at the high the candle to the left....
3.) if I see a clear divergence signal against my trade I will usually exit part of the position...
4.) sometime i use the trix to close positions if, for example, it also bounces of a TRIX trendline...

I rarely close position based on change of trix color, not that it is not a good strategy, I just have not observed that method....

if you are in a good run perhaps change of the HA color maybe a good time to exit....

anyone else have any comments?
Deprive a man of everything and you give him nothing to lose.
  • #11,003
  • May 27, 2009 8:11am May 27, 2009 8:11am
Quoting cashmeer
hello pattinatore:

I use a variety of exit signals:

2.) Some level of support or resistance e.g. pivot point or as in the example of the last chart I posted, on the 5 min the PA stopped exactly at the high the candle to the left....

I rarely close position based on change of trix color, not that it is not a good strategy, I just have not observed that method....
Hi Cash. I agree with you. I usually try to put my SL "behind" some strong pivot. Qtrs work well for this. For my M30 trading, I'm usually using 40 or 50 pip SL, needing most of it but not getting taken out.

I agree that color change on Trix is not necessarily a good exit point. I initially thought it was, but that often causes premature exit - not good for the wallet.

Best,
Ed
Up or down, gimme a ticket
  • #11,004
  • May 27, 2009 8:15am May 27, 2009 8:15am
Quoting SpecialEd

I agree that color change on Trix is not necessarily a good exit point. I initially thought it was, but that often causes premature exit - not good for the wallet.

Best,
Ed

I really agree, exiting on color change of fast Trix is expensive business, I don't think it would be a profitable system this way (at least not on the M30).
Trading Makes Money!
  • #11,005
  • May 27, 2009 8:29am May 27, 2009 8:29am
Hi,

Anyone use the THV T3, with setting of 10, for exit? Haven't used myself, just looking. Saves you sometimes, but also gets you out when PA leaves you in dust. Agree, change of color on trix, is not best, but what is?
  • #11,006
  • May 27, 2009 9:06am May 27, 2009 9:06am
Quoting cashmeer
hello pattinatore:

I use a variety of exit signals:

1.) Fixed pips e.g. 10 - 15 pips close 50% - 75% of the position and then BE to entry.
2.) Some level of support or resistance e.g. pivot point or as in the example of the last chart I posted, on the 5 min the PA stopped exactly at the high the candle to the left....
3.) if I see a clear divergence signal against my trade I will usually exit part of the position...
4.) sometime i use the trix to close positions if, for example, it also bounces of a TRIX trendline...

I rarely close position based...
thx to you and thx to special, but for smaller tf? i think that in 1m or 5' i cannot base my exit on pivot.. or see other divergence..
  • #11,007
  • May 27, 2009 9:40am May 27, 2009 9:40am
Quoting pattinatore
thx to you and thx to special, but for smaller tf? i think that in 1m or 5' i cannot base my exit on pivot.. or see other divergence..
backwaching when a HA candle close on the other side of the cloud you have to close your trade.. but every time is a bad exit..too late
  • #11,008
  • May 27, 2009 9:55am May 27, 2009 9:55am
Quoting majorusa
Yes you can change color. After you do all changes save your template with a new name, else the system will revert to the initial template as soon as you close the chart.
thanks for help. But I changed colors then save as themplate, new, and everything return back except coral and trix if I change periodicity...also try reload MetaTrader... I dont know what can I doing wrong?..
  • #11,009
  • May 27, 2009 10:49am May 27, 2009 10:49am
Quoting adunk1
Hi,
Anyone use the THV T3, with setting of 10, for exit? Haven't used myself, just looking. Saves you sometimes, but also gets you out when PA leaves you in dust. Agree, change of color on trix, is not best, but what is?
Hi adunk,
While I don't use the setting of 10...you may want to look at this.
When T3 enters the cloud...especially if it's hooking...consider an exit.
This is scalping mode on the M1 of course...take a few, leave a few and then come back for a few more.
Listen to the whispers.... You may learn something
  • #11,010
  • May 27, 2009 11:48am May 27, 2009 11:48am
Thanks, will look at this method. I see what you mean. Very interesting.
  • #11,011
  • May 27, 2009 12:43pm May 27, 2009 12:43pm
If you mean the trix mtf histos, try using the BarColorUp and BarColorDown params on the input tab.

Quoting Deathless
thanks for help. But I changed colors then save as themplate, new, and everything return back except coral and trix if I change periodicity...also try reload MetaTrader... I dont know what can I doing wrong?..
  • #11,012
  • May 27, 2009 1:29pm May 27, 2009 1:29pm
Quoting MissPips
If you mean the trix mtf histos, try using the BarColorUp and BarColorDown params on the input tab.
Forgive me for that still vexes those colors, but I must change it, because that hue color used is hardly recognize for me...I have light deuteranopy..some simillar color hue (similar for me) I can`t recognize. I want to exchange only "green" for "silve" in THV3 HA and THV3 trend like in picture I attached. Again ang again than I replace the collor it return after try different periodicity. Thanx
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  • #11,013
  • May 27, 2009 2:14pm May 27, 2009 2:14pm
http://www.forexfactory.com/showthre...18#post2724518

Read Optojay's post. He has same problem with you and has resolved already.

Quoting Deathless
Forgive me for that still vexes those colors, but I must change it, because that hue color used is hardly recognize for me...I have light deuteranopy..some simillar color hue (similar for me) I can`t recognize. I want to exchange only "green" for "silve" in THV3 HA and THV3 trend like in picture I attached. Again ang again than I replace the collor it return after try different periodicity. Thanx
Manage your risk accordingly and you're half done your home work.
  • #11,014
  • May 27, 2009 2:21pm May 27, 2009 2:21pm
Hello Everyone- this is my first post on FF

How to turn on sound alarm for Trix indicator when the arrow (green/red) is appearing ?

I've watched this thread for a few months and I want to thank for all job.
Best regards for Cobra and THV team.
  • #11,015
  • May 27, 2009 5:48pm May 27, 2009 5:48pm
Some of you guys look like your "cloud" is a solid blue. I'm with ibfx, is anybody with them able to get the solid blue color? I can thickin the lines but I think that's it...???
  • #11,016
  • May 27, 2009 6:01pm May 27, 2009 6:01pm
Hey there, just double click the cloud and u can adjust the thickness of the lines to make is solid.
  • #11,017
  • May 27, 2009 8:11pm May 27, 2009 8:11pm
There were a few good trades on the M30 and M15 the last 2-3 hours, all delivered 30-40 pips, nice!
Gotta love this system.

Another question that I had: On which currency pairs do you trade this system?
Does it work on all of them, does it work better on some than others?
so far I tested it on GPBJPY, EURJPY, EURUSD.
Thanks for answers
Trading Makes Money!
  • #11,018
  • May 27, 2009 8:16pm May 27, 2009 8:16pm
Quoting Cencored
There were a few good trades on the M30 and M15 the last 2-3 hours, all delivered 30-40 pips, nice!
Gotta love this system.

Another question that I had: On which currency pairs do you trade this system?
Does it work on all of them, does it work better on some than others?
so far I tested it on GPBJPY, EURJPY, EURUSD.
Thanks for answers
Someone on here uses THV on GBPUSD and AUDUSD. I suspect it works the same on all of them.
Up or down, gimme a ticket
  • #11,019
  • May 27, 2009 8:35pm May 27, 2009 8:35pm
Been away awhile, just now able to have the time to begin moderate posting for awhile longer.....will restrain myself.....will not post but this one chart for my buddy SpecialEd to cipher!
Hey man! Give me a ring-up!
I will only say that this is a complementary chart to THV. (That's my only disclaimer) I do trade THV.
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  • #11,020
  • May 27, 2009 8:37pm May 27, 2009 8:37pm
Quoting Gofer Pips
Been away awhile, just now able to have the time to begin moderate posting for awhile longer.....will restrain myself.....will not post but this one chart for my buddy SpecialEd to cipher!
Hey man! Give me a ring-up!
I will only say that this is a complementary chart to THV. (That's my only disclaimer) I do trade THV.
My GAWD!! He lives! How you been Gofer? Will call you tomorrow.

That chart looks Gannish, but more like a Doblece creation. Is it? We haven't heard from her in a long while either.

Hope you're settled in TN and making money. Hope the parents are well also.

THV Thread, please excuse the personals but Gofer's a fun member of the THV team, and he just resurfaced - and it's slow on here anyway.

Best,
Ed
Up or down, gimme a ticket
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