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Attachments: THV system, final edition
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THV system, final edition

  • #12,941
  • Sep 3, 2009 11:56am Sep 3, 2009 11:56am
If you use the template I posted earlier you shouldn't hear any. Otherwise
if you can't find all the places to shut the sounds off you can just
delete the THV wav files.

Quoting twamta
Can someone pls tell me how can I disable the sound warnings (Analyze Sell/Buy, Analyze Exit etc)?
I am trying via the indicators list but although sounds seems not to be true, I hear warning sounds!


Thanks!
  • #12,942
  • Sep 3, 2009 12:06pm Sep 3, 2009 12:06pm
Quoting twamta
Can someone pls tell me how can I disable the sound warnings (Analyze Sell/Buy, Analyze Exit etc)?
I am trying via the indicators list but although sounds seems not to be true, I hear warning sounds!


Thanks!
I believe that's from the Trix 4.01 --you need to disable the Toggle in the indicator so it looks like this [Enable Alerts= False]--

Not just turn the sound off
--- Gone --- RIP 11/27/09
  • #12,943
  • Sep 3, 2009 12:10pm Sep 3, 2009 12:10pm
Hi,

I have been using the system for the past week and to my findings this is a suppered system. Especially when using it with the 1M chart. Thanks Cobra and to all involed with the system development.

My question... Is there and indicator than can be used with the chart to display:-
a) the news from the forexfactory website onto the chart?
b) if posible the indicator has the ability to display the
actual news figures...

Only draw back is that I tend to get carried away ar scalping and forgot about the news.... and buy/sell against the effect of the news... further more this would improve the technical & fundamental traders as I wish to be one day
  • #12,944
  • Edited 12:20pm Sep 3, 2009 12:18pm | Edited 12:20pm
(Sorry for my bad English)

In some previous your post and screenshots I have noticed that you define main trend by means of reverse divergence on high TF for scalping in this side.I did not see classic divergence for this.

Now question: possible use classic divergence on high TF for determinations main trend or not !?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: my pivots.GIF Size: 35 KB
Click to Enlarge Name: to Cobraforex type diver.GIF Size: 124 KB
  • #12,945
  • Sep 3, 2009 12:37pm Sep 3, 2009 12:37pm
Thanks for the info Irish. Just what I needed to know. Maybe it's just my eyes playing tricks on me but it seems EURUSD is following GBPUSD most of the time only with smaller movements.
  • #12,946
  • Edited 1:39pm Sep 3, 2009 12:52pm | Edited 1:39pm
Quoting sirogreness
I go for a ten pip profit and am very accurate using THV on 5 minute charts. I have attached my two trades today. Lately greed has made me question if I should be going for more with these setups. Finally understanding how to really enter correctly, I guess like everyone else exits are the issue. On one hand I should be thrilled banking around 20 a day from THV, on the other maybe I should be taking more advantage of strong entries. Any thoughts?
We trade THV the same way, with same trixes, timeframes and without the HA´s.

I always use tight stop (8-20 pips) just behind S/R I am entering from and close half position at next real S/R-level and move SL to BE.
Next half I do manual trailing stop and try to get out on spikes behind S/R levels if broker allows me to get out there without requotes. I must say it works pretty good as exit strategy - my problem is that my ability to be picky enough about those trix-crosses varies alot from day to day.

Sometimes one of those halves are open when news are coming and then I always stay in with tight stop which sometimes is very rewarding.

/ McKeen
  • #12,947
  • Sep 3, 2009 12:59pm Sep 3, 2009 12:59pm
Quoting K Ryan
Thanks for the info Irish. Just what I needed to know. Maybe it's just my eyes playing tricks on me but it seems EURUSD is following GBPUSD most of the time only with smaller movements.

I like how you put "most" as an operartive word, as it is.

Also should be noted EJ will mimic GU and EU pending no decent actvity on the Yen.
--- Gone --- RIP 11/27/09
  • #12,948
  • Sep 3, 2009 1:10pm Sep 3, 2009 1:10pm
THV system is great.. wonderful thread..

Simple interest calculator calculation rates mortgage compound high interest savings account

  • #12,949
  • Sep 3, 2009 4:05pm Sep 3, 2009 4:05pm
Quoting cobraforex
Ok, let's have one.

Look at the blue lines, you see the relation of the price action and the Trix waves?

When you notice those watch a 1M chart and enter as soon as you get THV permission (forget the coral in those cases), the divergence on 5M is short lived but mostly gives you about 10 to 15 pips when it comes together with Fib Pivots.

Don't wait until the arrow shows up, you need to trigger them by yourself.


BTW: I love your avator
Hi Cobra,

I have a few questions to your post number 12921.

First of all you say that you don't wait for an arrow to appear. How do you know at this early point that the move will reverse and doesn't continue? Maybe you follow a trix cross on the 1 min to forecast the complition of the 5 min divergence?

Do you played both divergence bounces from the pivot line?

When you look at the second trade opportunity you'll see that a bullish divergence conflicts with the bearish one. Isn't this trade too risky because with a bit momentum the pa could break through the pivot point in a second attempt?

p.s. Thx irish pip for the answer
Attached Image (click to enlarge)
Click to Enlarge Name: scalp pic1.gif Size: 36 KB
  • #12,950
  • Sep 3, 2009 8:07pm Sep 3, 2009 8:07pm
Trade Based on:

1.) 15 min touch and bounce of T/L @ FPV
2.) 5 min, same T/L and Bullish Divergence
3.) 1 min entry on Break of T/L and clearance of Ichimoku...

Small S/L for quick 10 - 15 pips depending on entry price


ADD: Ooops...forgot to mention that this all happened at a nice round number....132.000
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thv mtf 1107.jpg Size: 201 KB
Click to Enlarge Name: thv mtf 1109.jpg Size: 185 KB
Click to Enlarge Name: thv mtf 1108.gif Size: 42 KB
Deprive a man of everything and you give him nothing to lose.
  • #12,951
  • Sep 3, 2009 9:48pm Sep 3, 2009 9:48pm
Quoting cobraforex
Thanks aries, it should have been my work but I was quite busy with a lot of other stuff.
Well cobra cheers i should thank you many times for the kind of system you have provided.
I still find the Trix version 4.01 the dependable trix compared to the more sensitive Trix 6.01. On lower time frames a more sensitive indicator helps a lot for fast trades. I do trade on 15M and 1H timeframes here a more sensitive indicator may create too many unwanted signals. The Trix 5.01V i am not finding in the attachments.
Nobody ever went broke taking profits.
  • #12,952
  • Sep 4, 2009 12:30am Sep 4, 2009 12:30am
Quoting aries2103
Well cobra cheers i should thank you many times for the kind of system you have provided.
I still find the Trix version 4.01 the dependable trix compared to the more sensitive Trix 6.01. On lower time frames a more sensitive indicator helps a lot for fast trades. I do trade on 15M and 1H timeframes here a more sensitive indicator may create too many unwanted signals. The Trix 5.01V i am not finding in the attachments.
Here you go:

Even though it's named differently, it's still the same code as the 5 version
Attached File(s)
File Type: ex4 THV3 Trix for MTFHisto.ex4   30 KB | 630 downloads
--- Gone --- RIP 11/27/09
  • #12,953
  • Sep 4, 2009 12:58am Sep 4, 2009 12:58am
EU M15: Had a nice trip up during Asian session. Day Candle is hammer (down?). Watching to see if price breaks TL on volume. New Pivots preview here.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 039.gif Size: 34 KB
Click to Enlarge Name: # 049.gif Size: 38 KB
  • #12,954
  • Sep 4, 2009 1:19am Sep 4, 2009 1:19am
EU M1: PA broke TL and came back up to test it. Still looking, waiting for a drop to begin.
Attached Image (click to enlarge)
Click to Enlarge Name: # 041.gif Size: 36 KB
  • #12,955
  • Sep 4, 2009 1:33am Sep 4, 2009 1:33am
trix reverse bearish divergence on m1 and m5
rsi reverse bearish divergence on m15
also reject 2.62 fibs level on m5

I exit near 2.62 fibs level on m1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 04.09.09 m1.GIF Size: 22 KB
Click to Enlarge Name: GU 04.09.09 m5.GIF Size: 21 KB
Click to Enlarge Name: GU 04.09.09 m15.GIF Size: 26 KB
  • #12,956
  • Sep 4, 2009 1:48am Sep 4, 2009 1:48am
EU M1: Here is what may turn out to be the pump n' dump, or LAUNCH AND LIQUIDATE!
Attached Image (click to enlarge)
Click to Enlarge Name: # 042.gif Size: 32 KB
  • #12,957
  • Sep 4, 2009 2:16am Sep 4, 2009 2:16am
Quoting sirogreness
I go for a ten pip profit and am very accurate using THV on 5 minute charts. I have attached my two trades today. Lately greed has made me question if I should be going for more with these setups. Finally understanding how to really enter correctly, I guess like everyone else exits are the issue. On one hand I should be thrilled banking around 20 a day from THV, on the other maybe I should be taking more advantage of strong entries. Any thoughts?
can you share your template and attach all the indicators, i like it thanks
  • #12,958
  • Sep 4, 2009 2:27am Sep 4, 2009 2:27am
EU M1: Here is the trade coming.....large volume at highs....launched, and now liquidating. Could be wrong, but sure looks that way.
Attached Image (click to enlarge)
Click to Enlarge Name: # 044.gif Size: 30 KB
  • #12,959
  • Sep 4, 2009 2:53am Sep 4, 2009 2:53am
Quoting gtotrader2
can you share your template and attach all the indicators, i like it thanks
nevemind, i made my own
  • #12,960
  • Sep 4, 2009 3:12am Sep 4, 2009 3:12am
EU: How I see the trade progressing........
Attached Image (click to enlarge)
Click to Enlarge Name: # 045.gif Size: 33 KB
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