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THV system, final edition

  • #11,381
  • Jun 12, 2009 10:57am Jun 12, 2009 10:57am
Thanks cobra for your help.
  • #11,382
  • Jun 12, 2009 11:26am Jun 12, 2009 11:26am
Quoting poki
Hi wajid, I am not speaking for Cobra here, but from my personal experience in THV trading. Trading G/U 15m from 6.00 GMT has given me good results with this setup, you couldnt have gone wrong with this trade today, pity I was at work
Thanks brother

your templet is very nice.
i tried my best to get news on templet but i failed. i think dll import problem.

i use alpari for MT4 charting.
i am looking for ODL demo but i could not find its link.
have you uploaded your theme u r using now?

regards
  • #11,383
  • Jun 12, 2009 11:46am Jun 12, 2009 11:46am
Quoting Peter Pipper
Hello,

I don't appreciate your tone. I have been reading since the original system was introduced, and I know there is an EA being developed. However, that EA is not for the system I am working on, as should be quite clear they are quite different. It was merely a query - if someone wouldn't mind spending a little time making it that would be great, if not I can trade manually as I have been doing. My main goal was to share my new twist on things, I believe it's a little less risky than traditional THV, and with good profit potential.
And I could not care less about what you appreciate in this life.
Your request was kind of idiotic, and I was trying to be nice when I pointed that out. Why idiotic ? We have the system author , thv team and testers working for months trying to get EA to work and here you are, genius. If you want to help with EA please go to EA thread where no suggestion is ignored (may be some). have fun

p.s. tired of people talking about EA in here
  • #11,384
  • Jun 12, 2009 11:55am Jun 12, 2009 11:55am
It depends on how good you are on using them, for example the above indi which is overlayed with the SSL indicator, I use in reverse action as it's coded for, but with good results, lol.

The other one is a trendmeter which shows you the strenght of a trade and I got very customed to it after over a year of use, but need to say that I know many traders that bought it and at the end didn't use it.

Have a great weekend all
Quoting Cencored
Is this a worthwhile addition to the system you find Cobra?
It certainly looks like an interesting indicator.
Thanks
  • #11,385
  • Jun 12, 2009 12:09pm Jun 12, 2009 12:09pm
Looks interesting...as per Cobras' comment..do you have any data re success rate and other info such as average number of trades per week; how long you have been demo/trading; which pairs you trade; which session etc.

Thanks again,

freddi

Quoting Peter Pipper
Hi folks,

You may remember me, I started a journal a while ago that got abandoned because I realized I just wasn't ready to trade live and commit enough time to the effort. I apologize to everyone who was following. However, I have not given up on trading and am still using THV for my demo.

I have stumbled upon a very simple 5min system using THV charts. I hope nobody minds me sharing it here:

Take a look at the chart attached. The vertical lines are all the possible entries for the past 12 hours or so.

ENTRY CONDITIONS:

- SLOW Trix crosses...
  • #11,386
  • Jun 12, 2009 12:10pm Jun 12, 2009 12:10pm
Nice to see you around Cobra.......

Are you steal scalping on 1m and 5m, do you have any new observation....

be good

pipgame
  • #11,387
  • Jun 12, 2009 12:51pm Jun 12, 2009 12:51pm
Have a great weekend everybody!
  • #11,388
  • Jun 12, 2009 1:07pm Jun 12, 2009 1:07pm
In MT4 under the trade tab there is a coll for profit. It tells you at any given moment the trade position. The interesting thing is that it gives you , for your entry criteria , what one's max. drawdown / profit was. Unfortunately this infomation is lost as the trade progresses. Does anyone have any ideas on how to capture this information. ??? I feel maybe that over time one could gleam benifitual trading information. So how to capture this info. ? Thanks.
  • #11,389
  • Jun 12, 2009 1:08pm Jun 12, 2009 1:08pm
Quoting TradeWell
Have a great weekend everybody!
you too bud! hope it's relaxing...
Deprive a man of everything and you give him nothing to lose.
  • #11,390
  • Jun 12, 2009 1:34pm Jun 12, 2009 1:34pm
Quoting ForexTrader1
And I could not care less about what you appreciate in this life.
Your request was kind of idiotic, and I was trying to be nice when I pointed that out. Why idiotic ? We have the system author , thv team and testers working for months trying to get EA to work and here you are, genius. If you want to help with EA please go to EA thread where no suggestion is ignored (may be some). have fun

p.s. tired of people talking about EA in here
And I could care less that you are tired about EA talk. I was sharing a new trading strategy, with the possibility of someone quickly making an EA for it. So stop getting your panties in a bunch.

What would be idiotic is putting in completely new entry conditions into an already complex and power intensive EA, when it is still in demo phase and there is so much to do still with the existing concerns.

Anyway, I have taken down my post so I hope you're happy. Way to encourage the sharing of new ideas, idiot.
  • #11,391
  • Jun 12, 2009 1:37pm Jun 12, 2009 1:37pm
Quoting Peter Pipper
Anyway, I have taken down my post so I hope you're happy.
thank you
  • #11,392
  • Jun 12, 2009 1:47pm Jun 12, 2009 1:47pm
ForexTrader1 and PeterPipper...

it's not such a big deal...peterpipper was in here ages ago and as he mentioned, he started a journal for his trades...

It's okay if you share your strategies in here as long as they can be traded manually...as ForexTrader1 pointed out, the EA thread would be a great place for you to check out....

you're not dumping indicators in here and that's what really irritates everyone..

y'all should make up...let's keep it friendly...
Deprive a man of everything and you give him nothing to lose.
  • #11,393
  • Jun 12, 2009 1:51pm Jun 12, 2009 1:51pm
Can the time frame displayed be modified ?
Trix hist bar v 3.1.5.3 displays only M1 & 5 f & s.
Trix hist bar v 3[ 1] [1].1.1 displays the higher 2 time frames from the one being viewed -so if I am viewing the 4H TF then it displays D1, W1, f & s trix positions.
With my way of trading I would like to view the time frames from 5M to D1. I trade 4H TF and for me the lower TF carry more improtance than the higher. I get into a trade when most of the lower lights are agreeing with 4H TF. and have been for a while. This tell me the present momentum.
I have been tryng this for the past 2-3 weeks. Aveg. 2 trades in a 24 hour period . At present I have to click to each missing TF. Would like know if I can modify V 3.1.5.3 to display M5 & M15 in one window and M 30 & H1 in the next window.

Thanks for your attention
  • #11,394
  • Jun 12, 2009 1:52pm Jun 12, 2009 1:52pm
Quoting Peter Pipper
And I could care less that you are tired about EA talk. I was sharing a new trading strategy, with the possibility of someone quickly making an EA for it. So stop getting your panties in a bunch.

What would be idiotic is putting in completely new entry conditions into an already complex and power intensive EA, when it is still in demo phase and there is so much to do still with the existing concerns.

Anyway, I have taken down my post so I hope you're happy. Way to encourage the sharing of new ideas, idiot.
I would really like to trial/demo your system...Cannot PM you, so please PM me the rules.
Thanks,

freddi
  • #11,395
  • Edited 2:14pm Jun 12, 2009 1:55pm | Edited 2:14pm
I wanted to run an idea by y'all. I mentioned it to Scrutch a long time ago and I need to search through my inbox to find his response...

Perhaps some of y'all are already employing this technique and I would be interested to see how it is going...

What I was thinking was since most of us scale out of profitable trades why shouldn't we scale out of a potential loser...

Accoring to Misspips' MTF rules...S/L at 15 pips or ATR....so I was thinking in the event that PA hits the S/L price, I would cut the position in 1/2. That way if PA comes back towards me I would not have lost the entire position and if it does not, it would have to move twice as far for me to lose 15 pips x my initial lot size....

Also, that put's less stress on me and there is a potential to reverse the position and make up the losses...

The reason I was thinking this is that since I usually scale out of positive trades, my R:R is actually worse than what it would be if I just closed the entire position at 1:1 or 1:0.66 (15 pip S/L : 10 pip TP)

It's really late here and I am tired so maybe this makes no sense at all....if so, I apologize...

Any thoughts?

ADD

LOL....I knew it was too late to be thinking about this....I think my math is off here...let me think about this again.....it would not be twice as far to move against me...that would be 1.5 x what I initially wagered....hmmm....

I'll think about this again sometime over the weekend when my mind is fresh....

sorry about that...
Deprive a man of everything and you give him nothing to lose.
  • #11,396
  • Jun 12, 2009 2:00pm Jun 12, 2009 2:00pm
its way up the trix...
Attached Image (click to enlarge)
Click to Enlarge Name: thv mtf 1032.jpg Size: 166 KB
Deprive a man of everything and you give him nothing to lose.
  • #11,397
  • Jun 12, 2009 2:23pm Jun 12, 2009 2:23pm
Only observation is that everything works fine, I'm still scalping and beside that trading 15M and 4H TF's.

I do that on different accounts, that way I avoid problems with hedging (having a long on long term and a short scalp trade at the same moment) which isn't allowed on some brokers anymore.

Other news is that I'll try to start live trading the THV EA during the Asian sessions in the next week as FXsol introduced MT4, but will execute the exits manually, with other words I will use only the EA entries which will be very agressive as I will be in front of the screens.

That will help me to define better exit strategies for the EA.


FT1 and Peter, take it easy, as Cash already mentioned, you both are here since times and contributed good stuff, let's keep it like that, OK?

TW, Cash, Jeff and the rest of the Team: thanks for still posting and showing our guests the best way to trade THV and insect trading.

Have a relaxing weekend.


Quoting pipgame
Nice to see you around Cobra.......

Are you steal scalping on 1m and 5m, do you have any new observation....

be good

pipgame
  • #11,398
  • Jun 12, 2009 2:29pm Jun 12, 2009 2:29pm
Yes, SL is SL and I wouldn't split it.

When you made your trading plan you had good reasons to chose that SL and it's better to let it execute and look for a better chance.

I do it that way
Quoting cashmeer

It's really late here and I am tired so maybe this makes no sense at all....if so, I apologize...

Any thoughts?...
  • #11,399
  • Jun 12, 2009 3:06pm Jun 12, 2009 3:06pm
Some time ago on the thread there was a discussion on pda's and metatrader. As it is still not possible to use custom indicators on the mobile platform I'm trying to emulate our beloved THV to some extent.

It is possible to do it with basic indicators - at least coral, cloud and trix (wannabe). It looks and feels familiar and it is easier to follow open trades if you are on the move. It is not intended to trade as such but it is possible to check where PA is going, particularly on the bigger TFs.

If someone is interested in checking it out I'm putting a template for the PC version of metatrader just to see parameters. It is far away from perfect but can be used in a hurry.

Here it is and the screenshot from my laptop.

Have a good weekend
Attached Image (click to enlarge)
Click to Enlarge Name: pda.gif Size: 19 KB
Attached File(s)
File Type: zip thv pda.zip   < 1 KB | 749 downloads
  • #11,400
  • Edited 5:16pm Jun 12, 2009 5:05pm | Edited 5:16pm
I posted that somewhere in FF already, the first picture is my take of THV on a windows mobile device (here my HX4700 4.0") connected via bluetooth to a cellular network.

Second picture is my Sony UX280 (integrated Cellular network) which runs Windows XP on a 4.5" screen and shows the real MT4 when needed.

the HX is more handy but I prefere the UX.

Add: you can connect a 19", or whatever you want, monitor to the UX and you have another additional FX instrument in your trading room.

Quoting bart021
Some time ago on the thread there was a discussion on pda's and metatrader. Have a good weekend
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