THV system, final edition | Page 630 | 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

  • #12,581
  • Edited 10:27am Aug 6, 2009 10:11am | Edited 10:27am
Hi Xhandal,

Tradewell wrote a manual explaining how to trade using the MTF histos that is in the MTF zip file on the first page. He did a great job, so I would start with that. There is also an MTF trix that lets you see the shape of the trix, and not just lights. IrishPips has written some explanations for using that.

Quoting Xhandal
Thank you for your reply cobra, I'll search MissPips posts then
  • #12,582
  • Aug 6, 2009 10:56am Aug 6, 2009 10:56am
Hi Cobraforex,

Can I make a suggestion to your THVTrix v4.01 indicator?

Can we have some options to choose for the text displayed (Analyse Buy/Sell/Exit, etc)?

Options like not to display the text as it obscure the view of the indicator lines,
or options to have the text displayed on the left side of the screen instead of the current right side?

I do not trade with the text but the indicator lines itself.
  • #12,583
  • Aug 6, 2009 1:49pm Aug 6, 2009 1:49pm
Quoting Petar_Serbia
Man,i trade many years on Forex and i always took position when there is oportunities on Cobra.I play with small size when i play during the important news and try to cath pips.Of course, i am fully aware of risk and unprediction in that situation.I risk 25 pips at size 0.3 and my TP in this case was 100 pips man.That is 1:4.Not bad Money Menagement ?
Just belive in Cobra (one of the best strategy with indis) and with good MM you wiil have 90 % success rate.

...except the times your SL is being jumped over. Try to calculate your R:R then... good luck
Trading Makes Money!
  • #12,584
  • Aug 6, 2009 1:52pm Aug 6, 2009 1:52pm
Quoting $$Trader
Hi Cobraforex,

Can I make a suggestion to your THVTrix v4.01 indicator?

Can we have some options to choose for the text displayed (Analyse Buy/Sell/Exit, etc)?

Options like not to display the text as it obscure the view of the indicator lines,
or options to have the text displayed on the left side of the screen instead of the current right side?

I do not trade with the text but the indicator lines itself.

This Trix is the same as 4.01 [with minor default setting differences] that doesn't have the text, but it does say "Label"
Attached File(s)
File Type: ex4 THV3 Trix for MTFHisto.ex4   30 KB | 713 downloads
--- Gone --- RIP 11/27/09
  • #12,585
  • Aug 6, 2009 1:56pm Aug 6, 2009 1:56pm
Just turn AnalyseLabelonoff to false.

I coded once a trix with that options but I guess I lost it in a damaged HDD.

I'll have a look if I find it.


Quoting $$Trader
Hi Cobraforex,

Can I make a suggestion to your THVTrix v4.01 indicator?

Can we have some options to choose for the text displayed (Analyse Buy/Sell/Exit, etc)?

Options like not to display the text as it obscure the view of the indicator lines,
or options to have the text displayed on the left side of the screen instead of the current right side?

I do not trade with the text but the indicator lines itself.
  • #12,586
  • Aug 6, 2009 2:14pm Aug 6, 2009 2:14pm
Hi Cobra,

Trix nf (no frills) doesn't have labels. Doesn't have alarms or
divergence arrows either though......

Quoting cobraforex
Just turn AnalyseLabelonoff to false.

I coded once a trix with that options but I guess I lost it in a damaged HDD.

I'll have a look if I find it.
  • #12,587
  • Edited 3:43pm Aug 6, 2009 2:30pm | Edited 3:43pm
That's right but I think a universal one with user defined parameters would be the better option.

I can't find it till now but it's no biggy. It takes me 10 min. to code it again.

Actually I'm buzy with some tax paperwork of the hotel (I can't say how much I hate that) but I'm ready soon.

Here we go

I renamed it to V6 as it will be the current version, now you can have the labels in whatever window (0 is the main window) and corner.

Quoting MissPips
Hi Cobra,

Trix nf (no frills) doesn't have labels. Doesn't have alarms or
divergence arrows either though......
Attached File(s)
File Type: ex4 THV3 Trix v6 Div.ex4   30 KB | 1,166 downloads
  • #12,588
  • Edited 7:57pm Aug 6, 2009 7:44pm | Edited 7:57pm
Got a nice trade just now

Ledge break, with test of DP.

I took a guess that it would try for weekly R1 since PA was there earlier today.

Spot on.

Ledge break-trend line broken with a little dance around DP and 38 Fib area until gravity took hold, then a quick test and reject of TP with nice pin bar.

I didn't like the position of the pin bar in relation to the previous candle, as I thought it might be an upthrust bar, so I waited for confirmation on next bar.
Entry 137.15

exit 136.64 [so my spread of 4 is taken care of]

New Forex'ers-- if you put in a TP , you have to take into consideration your spread- on EJ mine happens to be 4. When I place my TP I can't have TP at the S/R because they bounce --usually hard--and I don't know if it'll ever get back there. So I have to TP at the level minus my spread.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.gif Size: 38 KB
--- Gone --- RIP 11/27/09
  • #12,589
  • Aug 6, 2009 8:00pm Aug 6, 2009 8:00pm
Now, that's over I can tell you to whom it was directed.

http://www.forexfactory.com/showpost...&postcount=373

Quoting IrishPips
Hey Mr. Cobra-

What's the new "This Ain't a Love Song" mean?

...
  • #12,590
  • Aug 6, 2009 8:07pm Aug 6, 2009 8:07pm
Quoting cobraforex
Now, that's over I can tell you to whom it was directed.

http://www.forexfactory.com/showpost...&postcount=373

Ah...makes sense. I wasn't too thrilled with seeing indicators that I've seen before only with different colors and trying to take the credit for them.

Thought something was fishy, but I didn't think it was someone with a multiple personality complex

thanks for the explanation
--- Gone --- RIP 11/27/09
  • #12,591
  • Edited 10:19pm Aug 6, 2009 9:33pm | Edited 10:19pm
2nd and last trade for today

We see why I inserted a TP in may last trade as PA never got back to the area--there was a firm rejection with a shaved bottom candle.

So I rode the stars up-- I didn't know if it would break the 23 fib [you can see it danced awhile around it] I entered the candle after the doji [inside bar] for my confirmation


I love trendlines and Trix... they go so well together


Take 10 136.90 TP 137.00 [round number]
wasn't going to chance the 61 fib or testing DP--unlikely scenario as the hourly trend is down and the 4 hour looks like it's under a lot of weight- just itching to fall a bit

Also 137.00 seems to be the home base of the ranging for the last couple of days--- PA has been going back to it a lot

Have to work tomorrow--- it's been a while since I've hit the road.

Careful trading NFP ladies and gents.

And it's Friday.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.gif Size: 44 KB
--- Gone --- RIP 11/27/09
  • #12,592
  • Aug 6, 2009 11:26pm Aug 6, 2009 11:26pm
Sometimes Divergence can mean a stall in PA or an immediate trend change

I found a nice graphic that'll help explain

The colors represent direction--green is going up red is going down

Trix has options to draw the divergence lines [makes more sense when you see them instead of just the arrows]
Attached Image
--- Gone --- RIP 11/27/09
  • #12,593
  • Edited Aug 7, 2009 12:14am Aug 6, 2009 11:45pm | Edited Aug 7, 2009 12:14am
I didn't post any screen shots for what are (for me) no trade zones and trades in real time yesterday, because really the same three patterns (chop zone, long trend and short trend) repeat themselves every day and it gets boring posting the same thing over and over. (From a trading perspective though, boring is good. )

What I want to show today is the 'big picture' for market activity yesterday and a closeup of the trade opportunities in the 'good zone'.

The market seems to do the same over and over - chop
around for a while (though there are some days it's already in
a trend by the time the high volume trading hours start), and then
make up it's mind on a direction. When it's done that, you are in
what I think of as the 'tradeable zone'. Here's a 'big picture' of yesterday and a close up of what I think of as the 'good trade zone' from yesterday.
If you are patient, almost everyday you get an opportunity to trade
very high probability entries to THV trend trades in this zone.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: big pic.png Size: 90 KB
Click to Enlarge Name: little pic.png Size: 96 KB
  • #12,594
  • Edited Aug 7, 2009 12:13am Aug 6, 2009 11:56pm | Edited Aug 7, 2009 12:13am
[quote=MissPips;2937763]I didn't post any screen shots for no trade zones and trades in real time yesterday, because really the same three patterns (chop zone, long trend and short trend) repeat themselves every day and it gets boring posting the same thing over and over.

What I want to show today is the 'big picture' for market activity yesterday and a closeup of the trade opportunities in the 'good zone'.

....]


I totally agree with your anaysis on the last graphic.

trade 1 I don't like the higher high either, but if you were daring, would could measure out the fibs from the bottom and subtract 38% from the bottom of previous low for TP.

2nd one my reasoning would be there really wasn't a higher high and I know something is going to happen- but I'll wait for trendline break and see how much it breaches. As a practice, I don't trade ledge breaks unless in OB/OS conditions because 99% of the time they suffer a nasty pullback and I can usually get in at a better price

3rd is OK, but I wouldn't expect too much as the previous fall didn't go too far after breaching the trendline[tp138 fib extension of previous low]


4th trade seems optimal as trend has been [re] established after taking a little dance again same rules apply target S/R or 138 extension of previous wave
--- Gone --- RIP 11/27/09
  • #12,595
  • Aug 7, 2009 12:57am Aug 7, 2009 12:57am
Please does any one know where materials on programming for Vt can be gotten? That is the platform I prefer. I want to see how i can make THV useful for me there.
NB:Cobraforex, I hope am this is in line?
  • #12,596
  • Aug 7, 2009 12:58am Aug 7, 2009 12:58am
Please does any one know where materials on programming for Vt can be gotten? That is the platform I prefer. I want to see how i can make THV useful for me there.
NB:Cobraforex, I hope am this is in line? Bsides, thanks for the new trix!
  • #12,597
  • Aug 7, 2009 1:06am Aug 7, 2009 1:06am
Click the help button in the platform and you will find links to API documentation and also to a forum for users. The moderator, Chris, is very helpful. Please note that I already posted the THV indies for the VT platform a few posts back.

Quoting Skoozy
Please does any one know where materials on programming for Vt can be gotten? That is the platform I prefer. I want to see how i can make THV useful for me there.
NB:Cobraforex, I hope am this is in line? Bsides, thanks for the new trix!
  • #12,598
  • Aug 7, 2009 2:16am Aug 7, 2009 2:16am
Hy
My first post in this forum so
thank you Cobra and the rest of the team for awsome sistem i using it from began.
i use thv in D1 chart and result is good, make just 7 trade from 21.1 til now and make +6700 pip with no stress and drill, just look when slow trix change color, and let it trade go. Sometimes is a little tricky blue rectangle in chart go 500 pip against you but what go up must go down trix dont lie.
Attached Image (click to enlarge)
Click to Enlarge Name: thv3.jpg Size: 187 KB
  • #12,599
  • Aug 7, 2009 3:16am Aug 7, 2009 3:16am
Quoting MissPips
I didn't post any screen shots for what are (for me) no trade zones and trades in real time yesterday, because really the same three patterns (chop zone, long trend and short trend) repeat themselves every day and it gets boring posting the same thing over and over. (From a trading perspective though, boring is good. )

What I want to show today is the 'big picture' for market activity yesterday and a closeup of the trade opportunities in the 'good zone'.

The market seems to do the same over and over - chop
around for a while (though there...

Hi Miss Pips


Can you please post your template of Cobra ? I dont have it ....


Thanks in advance
"Buy on fear, sell on greed !!!
  • #12,600
  • Aug 7, 2009 3:30am Aug 7, 2009 3:30am
Hi Peter

Do you mean the templates with the rainbows on them?

I posted them a few days ago - rainbowanalysis1 and rainbowanalysis2.

Quoting Petar_Serbia
Hi Miss Pips


Can you please post your template of Cobra ? I dont have it ....


Thanks in advance
4 traders viewing now