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THV system, final edition

  • #12,701
  • Aug 12, 2009 10:43pm Aug 12, 2009 10:43pm
Thank you guys for this great thread. It's a thousand times more valuable and useful than many courses I've bought. If I had only found you before I would have saved so much $$$. Thank you very much !!!
  • #12,702
  • Edited 8:17am Aug 13, 2009 7:21am | Edited 8:17am
today has a lot of news on E/U and I'm feeling lazy...LOL...maybe it's a good reason to not trade...

ADD: The E/Y just dropped about 100 pip in one candle stick... weird it seems like that news had more affect on the E/Y than it did on the E/U ?? Any ideas?

ADD: I think I understand...basically you get more bounce to the ounce !
Deprive a man of everything and you give him nothing to lose.
  • #12,703
  • Aug 13, 2009 8:15am Aug 13, 2009 8:15am
Manged to scalp 17 pips off of this...I need to get into the habit of holding on to trades in the E/Y....

Bounce off of a Pivot Point...

3 Bounces and a break of a T/L straight to a Pivot Point
Attached Image(s) (click to enlarge)
Click to Enlarge Name: analysis 105.gif Size: 24 KB
Click to Enlarge Name: thv mtf 1091.gif Size: 32 KB
Deprive a man of everything and you give him nothing to lose.
  • #12,704
  • Edited 9:36am Aug 13, 2009 9:17am | Edited 9:36am
Some days are better than others....could PA be more predictable that this?

Considerations

1.) stopped/bounced at FPV
2.) 5 Min Oversold
3.) Divergence in the 1 min
4.) Same PA trendline break

good for +20 pips...

ADD: and I forgot to mention that the FPV just happened to be at a whole number - 136.000.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thv mtf 1093.jpg Size: 166 KB
Click to Enlarge Name: thv mtf 1092.gif Size: 35 KB
Deprive a man of everything and you give him nothing to lose.
  • #12,705
  • Aug 13, 2009 9:18am Aug 13, 2009 9:18am
Quoting ForexFreedom
Thank you guys for this great thread. It's a thousand times more valuable and useful than many courses I've bought. If I had only found you before I would have saved so much $$$. Thank you very much !!!
You can give always give something back to the community by sharing your trades - winners, losers - anything you think may be of interest.

Sharing your experience so that others can learn is at the heart of this thread.

Success ....
  • #12,706
  • Aug 13, 2009 8:49pm Aug 13, 2009 8:49pm
Audio files:

I'm running 2 or 3 currencies with the THV voice alerts on, and of course that can become a bit confusing. I was thinking of creating duplicate audio files and appending a voice "EUR/USD", or "EUR/JPY" etc. to the beginning of the audio alerts so they were differentiated.

Will this work with regard to being able to change what audio wav file each THV chart pair seeks? I can see a file browse option for trixcross and divergences, but not for analyise entry and exit. Or, am I just not able to set this up and change the audio file point settings.

If I'm able, more than happy to post the additional audio files for those wishing to run more than one pair with audio alerts.

THV3 T3 AQUA Line: (just giving this a bump in case someone can shed some light on its use)?

The THV3 T3 places an AQUA line on the main chart. It's inputs are MA Period 8 and 'b' 0.4

So, I'm not sure how it is intended to be used and why it was coded (specifically as a THV indicator) ... guess you haven't seen it, or don't use it. I was just interested to see if there was a specific interpretation / use of this MA line in the system.

Cheers, Johnny.
  • #12,707
  • Aug 13, 2009 9:08pm Aug 13, 2009 9:08pm
Quoting JohnnyFOREX
Audio files:

I'm running 2 or 3 currencies with the THV voice alerts on, and of course that can become a bit confusing. I was thinking of creating duplicate audio files and appending a voice "EUR/USD", or "EUR/JPY" etc. to the beginning of the audio alerts so they were differentiated.
Not sure about the audio files and how that works...let see if someone else can shed some light....


Quoting JohnnyFOREX
[THV3 T3 AQUA Line: (just giving this a bump in case someone can shed some light on its use)?

The THV3 T3 places an AQUA line on the main chart. It's inputs are MA Period 8 and 'b' 0.4

So, I'm not sure how it is intended to be used and why it was coded (specifically as a THV indicator) ... guess you haven't seen it, or don't use it. I was just interested to see if there was a specific interpretation / use of this MA line in the system.

Cheers, Johnny.
I think the aqua line is something that was used in THV V1 and V2, it was used in conjuction with the old hull before the Coral...I cannot remember where the files on the usage are located...You can trade without it or if you want to use it then perhaps Cobra can send you the old PDF files...if he has them
Deprive a man of everything and you give him nothing to lose.
  • #12,708
  • Aug 13, 2009 9:13pm Aug 13, 2009 9:13pm
I think I have already posted a few messages about trix trendlines...here is another one...


I really enjoy trading trendline breaks that exist in TRIX and that do not exist in PA...such as what just happened in the 5 min...

It's not too dificult to find these long trend lines which usually start from a serious low (OS) in the trix or highs (OS) and extend over numerous cycles...

This trade was highly probable, in my opinion, becuase...

1.) There was divergence in the 15 min chart at a bounce off of the coral and the FPV (in my ODL chart FPV is at 136.46 where there was an exact bounce).
2.) 5 min trix was broken and most of the MTF lights were red...also the PA trendline had been touched 4 times and breached once...this was the 5th attempt...
3.) 136.00 coincides with MS1, the next pivot south...
4.) At the time of entry on the 1 min, a minor trendline was broken and 8 out of 10 MTF lights were red...

good for upto 15 pips...


The corresponding bounce off of 136.00 with bullish divergence on the 1 min could have yeilded up to 20 pips...

136.00 on E/Y has been really generous!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thv mtf 1095.jpg Size: 165 KB
Click to Enlarge Name: thv mtf 1094.jpg Size: 179 KB
Click to Enlarge Name: thv mtf 1096.gif Size: 37 KB
Deprive a man of everything and you give him nothing to lose.
  • #12,709
  • Aug 13, 2009 9:14pm Aug 13, 2009 9:14pm
Hi Johnny

This trix version don't have options to use other than the given sound files.

It can be made when I have the time to do so.

The THV T3 isn't used anymore in V3, if you like to use it please read back about version V1. We got it off because the cloud is enough confirmation.

It is included in the package only because some traders got customed to it, later they deleted it as well.

The V1 rule was:

Entry: PA (price action) and aqua MA line crosses the big hull line and candle in color of direction,



Quoting JohnnyFOREX
Audio files:

I'm running 2 or 3 currencies with the THV voice alerts on, and of course that can become a bit confusing. I was thinking of creating duplicate audio files and appending a voice "EUR/USD", or "EUR/JPY" etc. to the beginning of the audio alerts so they were differentiated.

Will this work with regard to being able to change what audio wav file each THV chart pair seeks? I can see a file browse option for trixcross and divergences, but not for analyise entry and exit. Or, am I just not able to set this up and change...
  • #12,710
  • Aug 13, 2009 9:53pm Aug 13, 2009 9:53pm
Whats up guys/gals, I hope all is well, stopping by to say hello.

McD
  • #12,711
  • Aug 14, 2009 1:05am Aug 14, 2009 1:05am
Experiencing some difficuly in downloading idicators from post1.
some indicators are missing or 6not updai6ng .for example thv coral
indictor is missing on the chart. Can some one be kind enough to
look into the problem please.
regards
varshney
  • #12,712
  • Aug 14, 2009 9:55am Aug 14, 2009 9:55am
Hi Cobra and The Gang,

I notice that You change Trix tool in V3 zip file posted on #1. In this version you can not change values of curves (hot option). Is that mean that this is the best setings for this tool.

Thanks
  • #12,713
  • Aug 14, 2009 10:01am Aug 14, 2009 10:01am
Quoting varshney
Experiencing some difficuly in downloading idicators from post1.
some indicators are missing or 6not updai6ng .for example thv coral
indictor is missing on the chart. Can some one be kind enough to
look into the problem please.
regards
varshney
Hi,

Try to use coral thick instead of coral. I think it would help.
  • #12,714
  • Aug 14, 2009 10:06am Aug 14, 2009 10:06am
I use the version of the V3.zip, why you want to change the default settings?

The Trix V6 was made to place the labels in whatever corner of the main chart window but has sometimes problems with the OS/OB zones.

We made hundreds of backtest hours and found out that the default are the best settings.


Quoting Mihailo
Hi Cobra and The Gang,

I notice that You change Trix tool in V3 zip file posted on #1. In this version you can not change values of curves (hot option). Is that mean that this is the best setings for this tool.

Thanks
  • #12,715
  • Aug 14, 2009 10:08am Aug 14, 2009 10:08am
Hey Doc, good to see you, how are things going my friend?

Quoting DrMcDDC
Whats up guys/gals, I hope all is well, stopping by to say hello.

McD
  • #12,716
  • Aug 14, 2009 10:08am Aug 14, 2009 10:08am
Ok, I understand.

Thank You !!!
  • #12,717
  • Aug 14, 2009 10:46am Aug 14, 2009 10:46am
Quoting DrMcDDC
Whats up guys/gals, I hope all is well, stopping by to say hello.

McD
Doc...good to see ya'...how are things coming along?
Deprive a man of everything and you give him nothing to lose.
  • #12,718
  • Aug 14, 2009 11:37am Aug 14, 2009 11:37am
I hope you all made your weekly targets....!

Lookin' forward to next week....

have a good one!

Deprive a man of everything and you give him nothing to lose.
  • #12,719
  • Aug 15, 2009 8:25am Aug 15, 2009 8:25am
Quoting JohnnyFOREX
Audio files:

I'm running 2 or 3 currencies with the THV voice alerts on, and of course that can become a bit confusing. I was thinking of creating duplicate audio files and appending a voice "EUR/USD", or "EUR/JPY" etc. to the beginning of the audio alerts so they were differentiated.

Will this work with regard to being able to change what audio wav file each THV chart pair seeks? I can see a file browse option for trixcross and divergences, but not for analyise entry and exit. Or, am I just not able to set this up and change...
Just run multiple instances of metatrader for the pairs you trade and make your own audio-files in each installation folder. There is no limit and you wouldn't need much more power than today since your total number of indicators and charts wouldnīt increase, only mt4 instances and itīs not that bad..

Ugly solution but it works..

/ McKeen
  • #12,720
  • Aug 16, 2009 6:00am Aug 16, 2009 6:00am
Thanks and a good idea - but I might wait til Cobra has a chance to enable different sound files, as my PC already struggles and gives me issues with the DDE server to a spreadsheet I run in EXCEL.
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