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THV system, final edition

  • #11,561
  • Edited 7:04am Jun 19, 2009 6:44am | Edited 7:04am
Quoting macman
Not all markets were range bound yesterday.

Many traders stick to only one currency pair when another one may have been a much better choice for the day.

A heatmap may help you find a less range bound pair - indi attached
Thank you very much Macman, I appreciate it.
So I assume, the darker the color the stronger the trend - is white pretty much sideways PA?

one more question to the heat map. Do I set it up on the TF that I am trading (M15 in my case) - and how many minutes is one Heat candle? Same as chosen TF?
Thanks again
Trading Makes Money!
  • #11,562
  • Jun 19, 2009 6:53am Jun 19, 2009 6:53am
Quoting MissPips
Nobody can tell you what the market IS going to do.
But my expectation is that it is going to behave the
way it has been behaving unless something changes.
That is, if it has been choppy it will continue to be so
until some reason comes along to change that
(technical or fundamental).

I have an analysis chart that looks like the following.

When you look at todays, you have to think - good grief how
can you see anything? My point exactly. Compare to the one from
a few days ago with no roadblocks to PA.
Thanks for your post Miss Pips, market was always reversing when I was just 5-10 pips, not enough for me to exit. However I guess it is a day where you have to take very small profits or scale out very early.
Wow that chart looks mad
Trading Makes Money!
  • #11,563
  • Jun 19, 2009 7:02am Jun 19, 2009 7:02am
That's why I have it. When it looks like
that it's time for caution bcause PA is mad and not acting nice :-).

Wow that chart looks mad [/quote]
  • #11,564
  • Jun 19, 2009 7:06am Jun 19, 2009 7:06am
Quoting Cencored
Thank you very much Macman, I appreciate it.
So I assume, the darker the color the stronger the trend - is white pretty much sideways PA?
Yes, that's correct.

I have attached my template which may help, just change in the settings to the pairs you are interested in.

If you scalp small TF's you will probably need the 'cheapest' pairs in terms of spread. Look up the rates at your borker. If you trade longer TF's the spread is not so relevant.

A heatmap is also a good way of looking at several currencies if you take positions on more than one pair.

Have fun ...

Edit:
one more question to the heat map. Do I set it up on the TF that I am trading (M15 in my case) - and how many minutes is one Heat candle? Same as chosen TF?

Each heat candle is 1 min if on 1min TF, 5 mins if on 5m TF etc.

It is probably best used to make a decision about which pair to trade. Once you are in a trade you have other indi's showing you the way.
Attached File(s)
File Type: tpl heatmap.tpl   8 KB | 708 downloads
  • #11,565
  • Jun 19, 2009 8:43am Jun 19, 2009 8:43am
Hi all, I'm having a few problems with constructing my (FXDD) charts, and would be grateful to receive any help:-

1. How do I get my Ishimoku indicator to be transparent, so that it does not block out the PA? Also the last bar appears way too far off to the right hand side compared to all/most other charts on this thread.

2. I do not get the 'Divergence' arrows on the TRIX on the 1 min TF, but do for all other TF's

3. The TEXT on the extreme RHS of the TRIX indicator is jumbled/overwritten.


4. I have loaded the ATR feature onto my charts, where it appears and then disappears.

BTW I know that my (New York) session indicator is wrongly set..just haven't gotten around to fixing it.

Still learning and (mostly) demo trading...though I did catch 20 pips yesterday on my first live THV trade!!


Thanks everyone for a great thread.

freddi
Attached Image (click to enlarge)
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  • #11,566
  • Edited 10:16am Jun 19, 2009 9:15am | Edited 10:16am
1. How do I get my Ishimoku indicator to be transparent, so that it does not block out the PA? Also the last bar appears way too far off to the right hand side compared to all/most other charts on this thread.


Right click on the chart. Select Properties. Select the Common tab. Check chart on foreground.


2. I do not get the 'Divergence' arrows on the TRIX on the 1 min TF, but do for all other TF's


In the Indicator input set Show in 1 m chart to true and set draw indicatortrendlines and draw pricetrendlines parameters to true.


3. The TEXT on the extreme RHS of the TRIX indicator is jumbled/overwritten.

In the THVV3InfoPanel Indicator in the Inputs adjust the WhichCorner Parameter to suit yourself.


4. I have loaded the ATR feature onto my charts, where it appears and then disappears.


no idea what you are talking about. If you have the THVIndicator Panel you don't need that anyway.


BTW I know that my (New York) session indicator is wrongly set..just haven't gotten around to fixing it.

Still learning and (mostly) demo trading...though I did catch 20 pips yesterday on my first live THV trade!!


Congratulations!



Thanks everyone for a great thread.

freddi[/quote]
  • #11,567
  • Jun 19, 2009 9:26am Jun 19, 2009 9:26am
Nice short for 10 - 15 pips depending on the entry price...

Seems like there is a lot of support at MS1 or ~ 1.39000

Enrty based on:

1.) 5 min bearish divergence
2.) 5 min break of T/L
3.) 1 min break of TRIX T/L
4.) 6+ red MTF lights...


ADD This PA does not wanna break 1.39000
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thv mtf 1039.jpg Size: 181 KB
Click to Enlarge Name: thv mtf 1040.gif Size: 39 KB
Deprive a man of everything and you give him nothing to lose.
  • #11,568
  • Jun 20, 2009 3:26am Jun 20, 2009 3:26am
I'm still holding long on GU& GJ
THV trix
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  • #11,569
  • Jun 20, 2009 3:35am Jun 20, 2009 3:35am
Quoting aserbfx
i have a question concerning the THV 3 SDX-TzPivots_v4 Indi.

i am using alpari and live in germany. so both are gmt +1.

do i have to change the value of local_HrsServerTzfromGmt and destination_HrsServerTzfromGmt to 1?

as far as i know the fpv is calculated (H+L+C) : 3. therefore the pivot points have to change depending which timezone you live.

i am confused...
anyone?
meine augen sind die sterne
  • #11,570
  • Jun 20, 2009 6:48am Jun 20, 2009 6:48am
Quoting macman
Yes, that's correct.

I have attached my template which may help, just change in the settings to the pairs you are interested in.

If you scalp small TF's you will probably need the 'cheapest' pairs in terms of spread. Look up the rates at your borker. If you trade longer TF's the spread is not so relevant.

A heatmap is also a good way of looking at several currencies if you take positions on more than one pair.

Have fun ...

Edit:
one more question to the heat map. Do I set it up on the TF that I am trading (M15 in my case) - and how many...

Thank you Macman, I appreciate your post and fully agree with what you say. It indeed seems to be a great way to decide which currency pairs to trade in the first place.
I see you obviously are a mac fan - as am I. If only Metatrader existed on Mac...;(
Trading Makes Money!
  • #11,571
  • Jun 20, 2009 11:50am Jun 20, 2009 11:50am
Quoting Cencored
Thank you Macman, I appreciate your post and fully agree with what you say. It indeed seems to be a great way to decide which currency pairs to trade in the first place.
I see you obviously are a mac fan - as am I. If only Metatrader existed on Mac...;(
i run parallels with mt4 in my mac
  • #11,572
  • Jun 20, 2009 12:09pm Jun 20, 2009 12:09pm
Quoting aserbfx
anyone?
This is from the manual:
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  • #11,573
  • Jun 20, 2009 2:14pm Jun 20, 2009 2:14pm
Quoting macman

It is probably best used to make a decision about which pair to trade. Once you are in a trade you have other indi's showing you the way.
Macman, Thanks for posting the heatmap. Now in your experience how well does it identify what i think it is supposed to do. How would you comment on your experience with using this ?
Thanks and sorry to trouble you.
  • #11,574
  • Jun 20, 2009 2:45pm Jun 20, 2009 2:45pm
cool
  • #11,575
  • Jun 20, 2009 3:14pm Jun 20, 2009 3:14pm
More cool being on my ignore list.

Quoting Rubeen009
cool
  • #11,576
  • Jun 20, 2009 7:35pm Jun 20, 2009 7:35pm
Hello everyone,
I've seen on screenshots some people use THV Trix 5.00 indicator. Can anyone tell what's the diferense vs THV Trix 4.01 ?
  • #11,577
  • Jun 20, 2009 8:22pm Jun 20, 2009 8:22pm
Quoting Credos
Hello everyone,
I've seen on screenshots some people use THV Trix 5.00 indicator. Can anyone tell what's the diferense vs THV Trix 4.01 ?
For me, THV Trix 4.01 and 5.00 just only the same
i share it here to all my friend..thv trix 5.00
enjoy it ....
Attached File(s)
File Type: ex4 thv 2 4 TF Trixhisto BarV3.1.5.3.ex4   22 KB | 956 downloads
  • #11,578
  • Jun 21, 2009 8:42am Jun 21, 2009 8:42am
My 1st post here and at FF
First of all thank you for this great system, you guys need to spend many hours to develop such a beauty
Atm Im reading the whole, its kinda huuuuge Last 2 days I manage to read to 440 page I stoped and just came on last page to share my thoughts
440 pages behind me, some advices copied to word file and a bunch of screenshots with good setup trades on a disc to study them again later.
Thank you for your hard work THV team and You Cobra -)
Still more than 300 pages to go : >
  • #11,579
  • Jun 21, 2009 1:47pm Jun 21, 2009 1:47pm
Quoting Delage
yab, I had that problem, too. It seems to "adjust" itself to the center if you leave it long enough.
do U mean to say that after the mt4 is runing for a few minuts it will work fine?
  • #11,580
  • Jun 22, 2009 12:17am Jun 22, 2009 12:17am
How reliable is the T/P in MT4 Navigator. I have noticed that the PA goes beyond the T/P figure that I specify and nothing is triggered. This does not happen everytime. Has happened more than once but even once is too much. My computer was on and running and I have a demo account. Has anyone else encountered this on a demo or live account and what was your solution.
Thanks.
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