THV system, final edition

How is THV working together with Renko, Cobra? Did you test it?

Quote:
Originally Posted by macman http://cloud.forexfactory.com/images...s/viewpost.gif
And the prize is ..... ?



You're the best

Doesn't work Censored because we are time related on the Trix.

It's not worth even to think of it.

What I'm checking is if it could be an additional benefit on a separate chart but even have my doubts on that, nothing beats THV (in my opinion).

To say it more clear, until now I don't see Renko as an improvement to candlesticks or HA, the few advantages it has are lost by the desadvantages.

It's OK but you have to have a really nice trend going--or range, and know how many pips you want as there really isn't anyway to choose a target other than hitting the bollinger bands.

Sorry--but for me, if I enter a trade I want at least 10--not 5 [you'll know where that number 5 came from]

Too much risk VS reward IMO without trendlines and seeing other vital information such as pivots and SR

You are right, as almost always.

Renko can be used only in good tranding market, some threads call their Renko systems "scalping systems" what is totally off of reallity (again: in my opinion)

What we need for scalping? We need bounces of S&R zones and catch the reversed micro trend for some pips, it doesn't help me to watch a chart which "filters" the wicks that show me that the PA was rejected from the S&R level (whatever it is: Historical, Fib or Pivots).

Anyhow I'm playing with Renko but I'm almost sure that I will not trade it on my hardcore account during the London session.

I'm customed to THV and we always say: don't repaire what works good.

I'm discussing this Renko thingy in another thread.

I will admit it does look pretty in it's simplicity.

Hello snakes,

I am looking for indi wich showing forex factory news.
Can you post it, please ?


Cheers

It's been posted 3 pages back and it's called THV3 FFCal or FFCal. You can also find it by clicking on the paper clip at the top right hand corner of the page.

Thanks Miss Pips re your PM response.

Also, I've noted your three Trix V5 displays on the bottom of these ranbow charts, showing the 1M, 5M and 15M trix all on the one chart. How do I set that up to show this as you have?

Thanks, Johhny.

http://cloud.forexfactory.com/attach...1&d=1249716005

If you use the template I posted it should show up as long as you have installed the THV T3 Trix MTFV1 and the THV T3 Trix indies (posted in the thread). Otherwise just download them and drage the THV t3 Trix MTF onto the chart

how to convert ex4 to tpn file formet ?

Hi,
I am new user in ForexFactory and had tried THX Ea 0.7 for a month in my demo account. I found this system is able to produce consistent profit by using 15min TF with trading hour from 17:00 to 00:00 in my IBFX with semi automated. I will leave the system to open the trade for me during the peak trading hour when euro open(i had full time job so it is difficult to spot the opportunity during my asian working hour) , and i will check the trade later and close the trade myself before the end of day. I set a fix profit taking target xx pips according to currency pair instead of leaving the system to take profit. I found the system doesn't take profit and leave the profitable trade reverse back many time. So i decided to take small and consistent profit in every trade, and this proven to be a working strategy.
I wondering can this THX apply to real account ? I tried to put into my real account and it doesn't allowed. Can someone share your experience here ?

Simon Hau

Considerations:

1.) Divergence on the 5 min.
2.) Entry on the 1 min after break of T/L, 23.6% FIB and clearance of previous swing low. Stopped at exactly the 50%FIB...

good enough for me...

Divergence on the 1 min at the exact same entry point as before...good for almost 10 pips...so far....

that one was even showing divergence on MACD in Oanda's platform...



ADD: Let's see if this fudger hits the FPV !!!

ADD: 23.6% on the 5min...that's nice...

Meanwhile its stuck between the 68 fib of the up move from 29 July to 3 Aug and the 23 fib of the down move on Friday.

Good morning MissPips. I'd sure like to see the 38.2 fib of Friday's down move. Get me to daily pivot 4245, and I'm done for the day.

Presently, this range isn't even good enough for scalping imo. Lot of people on vacation, I guess.

Have a good trading day. Comments welcome as always.

I follow the rules and open sell position now,we will see ...

Thanks for that.

I'd just like to preface the following with how grateful I and many others no doubt also are, for the great work by the THV team however ...

I've become so thoroughly confused with what amounts to thousands of posts, and several THV indicators, templates and versions etc. that I now have no idea of really what I should have and what I should not have - as there have been many updates etc and these updates are sometimes buried deep within the thread. I've done searches and attachment searches, but the abbreviations on the indicators sadly don't allow me to really work out what is really going on and what I should really be left with and what I should delete.

Perhaps there are some new-comers to the thread who are in a similar position (or maybe it's just me ) ... but it seems the updates, versions and variations on indicators has got a little bit out of hand.

Would there be any chance of having the very first post updated with the latest version indicators and an elaborated description of what they do so we know what to paste etc. (plus upload date)?

I 'think' it was Cobra's intention originally to always have new versions etc. always updated to the first post in the entire thread - but this seems to have got out of hand.

If new updates are made to the first post, it is also best to place a note next to it/them giving the date of the upload of the update (from previous experience in another forum where updates occurred regularly to a set of files, and members were always getting confused as to which was the latest (ie. sometimes the new files had the same name as the previous - so without a date on the attachment in the post, members would not know whether a later version had become available or not.

As an example ... I've just worked out (I think) the MTF TRIX and have them up, but could never really work out the lights (but would really love to), despite reading earnestly through the material. They seem to come in a set of 4, but 10 lights are talked about. I presume you install the 4 twice, but then there is the HISTO lights x 2 as well, and I'm not even sure what a green or red means there in relation to the CLOUD (as the direction of the cloud is loosely subjective).

So sorry to bring up a negative, but it seems such a waste if all the hard work is not fully digested or used by those enthusiastically willing to utilise it .

A huge thanks once again though.

...when I'm not paying attention...even though I was waiting for the trend line of the 15 min to get touched....

1.) 15 min touch and rejection of T/L
2.) 5 min divergence after the wishbone trix pattern...
3.) 1 min - 2 consecutive divergences after a wishbone trix pattern...

coulda' had some nice pips...








but man that fudger dropped suddenly...!

Johnny sorry for the confusion you're facing...there is a PDF manual posted with the MTF Trix Histo on page 1. Just briefly the reason 10 lights are spoken about is that two instances of the trix MTF are used with 4 time frames each (4 x 2 = 8) and 2 tf for the Ichi cloud, so that is 10....

I think the only thing that is not on page one is the MTF Trix which shows the trix itself from other time frames. I do not use that, so I do not know remember where to get it from...

I'm sure someone will guide you to it...