THV system, final edition | Page 560 | 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

  • #11,181
  • Jun 4, 2009 9:03am Jun 4, 2009 9:03am
Quoting karun
On higher TF's when you get divergence at specific locations, it is very powerful. I have watched in 4H / Daily EJ atleast 3 times in last 1 month and each move is worth atleast 400 pips.

The only problem is, you need tons of patience for those setups to happen.

Yea I have been following this for a while and you definitely need lots of patience.
  • #11,182
  • Jun 4, 2009 9:27am Jun 4, 2009 9:27am
Sweeeeeeeeeeeeeet !!!!!

Quoting MCFly
Did you noticed that cobra invited us indirectly to spend our vacations in his hotel...for free.
  • #11,183
  • Jun 4, 2009 10:22am Jun 4, 2009 10:22am
Quoting caveman
Example

Settings
Traditional trailing stop: 25 pips
Advance trailing stop: Trigger at 80 pips and trail by 30% of floating pips.

With the above setting, EA will start to trail price once more than 25 pips. It will be trailing 25 pips behind price until you hit 80 pips. After that if price moves further in your favor, trailing will be calculated based on a percentage of floating pips on the fly. If you have 100 floating pips, EA will trail behind price by 30 pips. If price move further and you have 200 pips, EA will trail at 60 pips...
hi cave! i tryed it today.. very good! but can you du an hidden trailing stop? i realy like trail by percentace but i prefer an hidden one
  • #11,184
  • Jun 4, 2009 10:45am Jun 4, 2009 10:45am
Quoting pattinatore
hi cave! i tryed it today.. very good! but can you du an hidden trailing stop? i realy like trail by percentace but i prefer an hidden one
take a look at this... reached 17.4 pips gain.. 25% of trailing stop... means 4.35 pips of trail... no close... is cause of my broker allow a minimum SL of 5 pips? can you bypass this problem cave?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Immagine 4.png Size: 74 KB
Click to Enlarge Name: Immagine 9.png Size: 74 KB
  • #11,185
  • Jun 4, 2009 11:30am Jun 4, 2009 11:30am
Quoting jharteam
Have a good one
Jeff
Excellent stuff Jeff. Thanks a bunch!
Deprive a man of everything and you give him nothing to lose.
  • #11,186
  • Jun 4, 2009 11:31am Jun 4, 2009 11:31am
Quoting TradeWell
I have noticed this on the H1. It is uncanny how, many times, when Trix breaks the TL, and PA looks like it is moving the other direction, it eventually comes around to "obey" the Trix. It is a part of what I am observing in my ongoing formulation of a H1 trading plan.
This is great stuff!
Deprive a man of everything and you give him nothing to lose.
  • #11,187
  • Jun 4, 2009 2:46pm Jun 4, 2009 2:46pm
is there an indi with those lines ? Andrew's Lines
  • #11,188
  • Jun 4, 2009 3:01pm Jun 4, 2009 3:01pm
Quoting ForexTrader1
is there an indi with those lines ? Andrew's Lines
by default in mt! under indicators andrew's pichfork
  • #11,189
  • Jun 4, 2009 3:41pm Jun 4, 2009 3:41pm
Quoting BeachBum
Hello Cencored......

Your very welcome. I do not trade the H1 by itself, as you say. I prefer a little more action but not as much offered up by the M5, so I use the M15 primarily for day-trading. I believe you could solely trade the H1; it's about trading style, personality, schedule as well as R/R and M/M. Whatever works best for you.

I'll probably make some enemies by saying this; you live in one of my most favorite places in the whole world! I love Sydney; been there many times, have friends there and drink James Squires Amber Ale when I'm...
Thanks BB, I love Sydney dearly too. Living right in the city and only a 5 minute drive to the beach, so if I'm not trading, I'm usually surfing
Drop me a line anytime if you come back and I show you some great surfing hot spots.

I myself trade the M30, but lately have found myself switching to the M15 for a better entry - which you often get, however the amount of false signals increases slightly as well. Trading with the trend helps a bit (and working with the coral works well too).
What exactly do you mean with schedule? Do you have preferred times of trading? I start trading around London opening, when market is more volatile than in the Asian session...
Trading Makes Money!
  • #11,190
  • Jun 4, 2009 4:39pm Jun 4, 2009 4:39pm
Quoting BeachBum
Ed...

Because you like larger TFs (like myself), take a look at H4 for initial trade direction with fast TRIX; then drop to M15 for fine tuning the entries and exits. I did this last week on GBP/USD with excellent results.
hi BB,
thanks for the tip, I just checked in on several currency pairs and it seems to give great indication of the move to come especially at the point when the colors change on the fast H4 trix, however not on all pairs it seems to work, eg. EURJPY. Have you refined that strategy any further (i.e. on other pairs)?
Trading Makes Money!
  • #11,191
  • Jun 4, 2009 4:47pm Jun 4, 2009 4:47pm
Quoting pattinatore
take a look at this... reached 17.4 pips gain.. 25% of trailing stop... means 4.35 pips of trail... no close... is cause of my broker allow a minimum SL of 5 pips? can you bypass this problem cave?
Nope. There is no way to bypass this as it is imposed by the server.

To your question of hidden trailing stop, not a very good idea to have hidden trailing stop because if there is a power failure/network problem/pc hang, it is gone.
  • #11,192
  • Jun 4, 2009 6:20pm Jun 4, 2009 6:20pm
Quoting TradeWell
I have noticed this on the H1. It is uncanny how, many times, when Trix breaks the TL, and PA looks like it is moving the other direction, it eventually comes around to "obey" the Trix. It is a part of what I am observing in my ongoing formulation of a H1 trading plan.
Yep, I noticed how reliable that 1hr trix is about 2 months ago, I would never trade against it during Euro sessions.
  • #11,193
  • Jun 4, 2009 10:24pm Jun 4, 2009 10:24pm
Hi, i downloades the sytem about 3 weeks ago and mr. cobra broght to my attention that ive been using it wrong, but i dont know what i dis wrong i did...

Download/unzip/Copy/Save the MQ4/EX4 file into your

Crogram Files(your broker)MetaTrader 4expertsindicators folder

but there are too many mq4 and ex4 files in the file!! which ones do i inlcude in the folder?

Copy and paste the template file .tpl in

Crogram Files(your broker)MetaTrader 4templates folder.


which .tpl file??



my chart currently looks like this...

can somebody help me?

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 27 KB
"Do or do not... there is no try" Master Yoda
  • #11,194
  • Jun 4, 2009 11:01pm Jun 4, 2009 11:01pm
Use the attached tpl file.

Once done you might want to add the MTF indicators.

Quoting Paupau MX
Hi, i downloades the sytem about 3 weeks ago and mr. cobra broght to my attention that ive been using it wrong




Attached File(s)
File Type: tpl thv v3.tpl   25 KB | 695 downloads
  • #11,195
  • Jun 4, 2009 11:13pm Jun 4, 2009 11:13pm
Quoting cobraforex
Use the attached tpl file.

Once done you might want to add the MTF indicators.



[/left]
i think i got it... at least the basic version... one question, do you recomend to only use it in the 1M tf? is it reliable in 5m?

i got the MTF files in the folder also, do i have to pull them to the chart manually?
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 23 KB
"Do or do not... there is no try" Master Yoda
  • #11,196
  • Jun 4, 2009 11:37pm Jun 4, 2009 11:37pm
Quoting BeachBum
For those who like to trade M15 and higher; here is a little technique I have been using for a while that helps maximize trades by keeping DD low, avoiding range areas, providing optimal entry points and maximizing pip gain.

The attached GBP/USD M15 chart from last week illustrates this very well. H1 fast TRIX has signaled 'possible' sell opportunities. Looking at the M15, we see all signals indicate a sell at the close of the 5/15, 3:00 candle. However, rather than enter at the open of the next candle, I prefer to wait until the low of that "signal"...

Great find, BB! I have put this rule into practice and it really seems to reduce your max DD.
What I would like to ask you is: How do you determine your exit?
Simply by relying on any of the lights is not good enough IMO. How do you do it? Thanks.
Trading Makes Money!
  • #11,197
  • Edited 12:31am Jun 5, 2009 12:15am | Edited 12:31am
Quoting caveman
Nope. There is no way to bypass this as it is imposed by the server.

To your question of hidden trailing stop, not a very good idea to have hidden trailing stop because if there is a power failure/network problem/pc hang, it is gone.
and if i would have it? will it be a big work?

oh and what are camarilla lines is sdx pivot? i think that them are very useful!
  • #11,198
  • Jun 5, 2009 12:36am Jun 5, 2009 12:36am
You can use it for daily charts if you have enough patience to wait for a signal, I'm trading 4H now with 5M and 15M as the entry trigger, BB and Bemac have the fault on that.

The MTF you need to drag manually and if you like delete the trend indi, I used it for nothing important.

Quoting Paupau MX
i think i got it... at least the basic version... one question, do you recomend to only use it in the 1M tf? is it reliable in 5m?

i got the MTF files in the folder also, do i have to pull them to the chart manually?
  • #11,199
  • Jun 5, 2009 12:45am Jun 5, 2009 12:45am
hi cobra
thnx for the nice system
i am starting using it on 5 min chart
but i am not using the lights " green - red " indicator
is that ok ?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #11,200
  • Jun 5, 2009 12:56am Jun 5, 2009 12:56am
Yes NW, the MTF is designed for trading with one only monitor and shows you the Trix and cloud condition on other TF's.

When you start with something really serious in FX I recommend 4 or 6 monitors, it's the best investment for your new biz.

Quoting negro wolf
hi cobra
thnx for the nice system
i am starting using it on 5 min chart
but i am not using the lights " green - red " indicator
is that ok ?
9 traders viewing now