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THV system, final edition

  • #11,841
  • Jul 6, 2009 7:16am Jul 6, 2009 7:16am
Quoting Peter Pipper
Hi guys, I'm having a problem with the pivot zones on my GBP/USD 1min chart. They seem to be recalculating themselves every second, and every bar, so are of no use to me at all this way. I'm not sure what's wrong, my other charts are fine, and I used their template to make this one! Attached is a screenshot of what I'm talking about. If anyone can help, I would appreciate it.
What indi are you using to show your pivots? Maybe you can try deleting it and adding it again or you can use the SDX-TzPivot indi if you are not already using it.
  • #11,842
  • Jul 6, 2009 7:47am Jul 6, 2009 7:47am
What a nice system.
Still trying to catch up though
It seems that EU will go down at this time soon.
  • #11,843
  • Jul 6, 2009 7:57am Jul 6, 2009 7:57am
Quoting Peter Pipper
Hi guys, I'm having a problem with the pivot zones on my GBP/USD 1min chart. They seem to be recalculating themselves every second, and every bar, so are of no use to me at all this way. I'm not sure what's wrong, my other charts are fine, and I used their template to make this one! Attached is a screenshot of what I'm talking about. If anyone can help, I would appreciate it.
Hi Peter, i am looking for the indicator in the middle of your chart. Would you share it, please ? Where can i download it?
  • #11,844
  • Jul 6, 2009 8:08am Jul 6, 2009 8:08am
Quoting Heilpraktike
Hi Peter, i am looking for the indicator in the middle of your chart. Would you share it, please ? Where can i download it?
From first Page
  • #11,845
  • Jul 6, 2009 8:36am Jul 6, 2009 8:36am
Thank you
  • #11,846
  • Jul 6, 2009 9:03am Jul 6, 2009 9:03am
Here the MTF Trix from PeterD.
This indi doesn't have the zero and OB/OS levels neither Divergence detection.
You need both indis in the folder.
Attached File(s)
File Type: mq4 THV T3 Trix MTF.mq4   5 KB | 1,987 downloads
File Type: mq4 THV T3 Trix.mq4   5 KB | 1,068 downloads
  • #11,847
  • Jul 6, 2009 9:09am Jul 6, 2009 9:09am
Quoting cobraforex
Here the MTF Trix from PeterD.
This indi doesn't have the zero and OB/OS levels neither Divergence detection.
You need both indis in the folder.
Thanks
  • #11,848
  • Jul 6, 2009 10:49am Jul 6, 2009 10:49am
Quoting cobraforex
Here the MTF Trix from PeterD.
This indi doesn't have the zero and OB/OS levels neither Divergence detection.
You need both indis in the folder.
Thanks cobra, you rock.
  • #11,849
  • Jul 6, 2009 11:07am Jul 6, 2009 11:07am
Okay a quick question here, if I spot a divergence against me after I enter a trade, do I exit right away or what?

Here's the SS.
It was last week's SS
Attached Image (click to enlarge)
Click to Enlarge Name: against divergence.png Size: 244 KB
  • #11,850
  • Jul 6, 2009 11:16am Jul 6, 2009 11:16am
Wish they were all this easy! Comments?
Attached Image (click to enlarge)
Click to Enlarge Name: 1st trade overview.JPG Size: 116 KB
  • #11,851
  • Jul 6, 2009 11:24am Jul 6, 2009 11:24am
Quoting DarkDays
Wish they were all this easy! Comments?
Nice one! If you are patient and wait for the really good ones you have a higher chance of success.
  • #11,852
  • Jul 6, 2009 11:37am Jul 6, 2009 11:37am
Still new at this, was my entry correct?

Quoting TradeWell
Nice one! If you are patient and wait for the really good ones you have a higher chance of success.
  • #11,853
  • Jul 6, 2009 11:39am Jul 6, 2009 11:39am
Quoting gmcl02
I believe that by default that is turned off on the M1 TF. If you go into the MTFHisto indi and go to the Inputs tab, scroll down to NumberOfDivergenceBars and set ShowIn1MChart to true it should show for you..

I haven't spent much time trying to figure it out but I'm not using MTFHisto. I've also noticed that the coral isn't diplaying either on the M1. If I click any other TF I'm getting the indicators ok. weird.
  • #11,854
  • Jul 6, 2009 11:54am Jul 6, 2009 11:54am
Quoting markfx
I haven't spent much time trying to figure it out but I'm not using MTFHisto. I've also noticed that the coral isn't diplaying either on the M1. If I click any other TF I'm getting the indicators ok. weird.
Just attach the coral manually
  • #11,855
  • Jul 6, 2009 12:09pm Jul 6, 2009 12:09pm
Quoting DarkDays
Still new at this, was my entry correct?
Yes. Divergence got it going, trendline break, Trix cross, and a break South below the DP! To be picky, you could have entered just a bit earlier, but I think you did just fine!
  • #11,856
  • Jul 6, 2009 12:27pm Jul 6, 2009 12:27pm
Quoting MyaNyx
Just attach the coral manually
The Coral indi was listed in my Indicators List but I deleted it and added it back and now it shows. I tried that with the THV Trix but I still don't see any arrows on the M1. I'm inclined to only trade M5 or higher so it's not crucial. I just find it strange..but then again I'm a newbie to MT4. I'm used to working with the thinkorswim platform. Wish there were more people developing indicators for that platform... Oh well.

So help this newbie out.... You ignore any Trix arrow if the price isn't on the correct side of the Coral and you wait for the price to pass through the cloud before acting. I'm just using the indicators that were released in V3 on page 1. No other indies displayed. Is this what others are doing and having success?
  • #11,857
  • Jul 6, 2009 12:53pm Jul 6, 2009 12:53pm
Quoting markfx
The Coral indi was listed in my Indicators List but I deleted it and added it back and now it shows....
Use 4.01 not 5

Change the setting in the trix to enable it to show divergence arrows on M1 (it doesn't show by default as M1 divergence is usually not accurate)

Change ShowIn1Mchart to true
  • #11,858
  • Jul 6, 2009 1:10pm Jul 6, 2009 1:10pm
Quoting MyaNyx
Use 4.01 not 5

Change the setting in the trix to enable it to show divergence arrows on M1 (it doesn't show by default as M1 divergence is usually not accurate)

Change ShowIn1Mchart to true
That was it! Right in front of my eyes
  • #11,859
  • Jul 6, 2009 1:19pm Jul 6, 2009 1:19pm
Thanks for the input. If I may ask, was I a little late on the M5 or M1?

Quoting TradeWell
Yes. Divergence got it going, trendline break, Trix cross, and a break South below the DP! To be picky, you could have entered just a bit earlier, but I think you did just fine!
  • #11,860
  • Jul 6, 2009 1:37pm Jul 6, 2009 1:37pm
So I'm over 200 pages into the thread, trucking along, reading every chance I get. I apologize if what I'm going to ask has already been covered in great detail.

I'm doing well with the M5 criteria/M1 entry using the rules covered in the first post. But I would like to know if any of you have found a consistant way to make pips scalping the M1 or lower using THV or even just a part of the THV method.

I am seeing many posts in which some of you talk about scalping the Tokyo session et cetera. Can you give me some advice in this area? Thanks for all the help that the THV team has given and continues to give to us neophytes!
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