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THV system, final edition

  • #13,041
  • Sep 9, 2009 7:31pm Sep 9, 2009 7:31pm
Quoting MissPips
Cobra posted an indicator by the name of "THV3 Trix V6[1][1].1 all false ".
That is the one that this MTF trix uses and that is the one that you need. In theory you can tell it to work with any of them that you like, however, you will end up with some things that you may not want on the screen (like extra boxes or alarms.) Allfalse has all options turned off by default, and since the MTF trix calls the trix with it's default options, that is the best one to use.
I tried again and now cannot even get MetaTrader to run without crashing immediately. When I have more time, I'll download MetaTrader all over again after making a backup of my indicators. I am now using TradeStation (they are running a promotion and giving the platform for free for the last four months of the year) and would like to put TRIX v6.1 up in TradeStation. Has anyone written a TRIX for TradeStation?
  • #13,042
  • Edited 7:59pm Sep 9, 2009 7:48pm | Edited 7:59pm
I know about that problem (the trix levels) and already fixed the Trix but still don't want to post it as I want to edit other stuff.

For the divergence TLs, just switch them off, you don't need them.

BTW: the the divergence TLs are fixed as well in the new to be released version

Quoting masoud123
Very thanks for this version of FFcal Mr. Cobra, this is nice and user friendly, but i was in this version one problem in the shown below picture...
  • #13,043
  • Sep 9, 2009 7:51pm Sep 9, 2009 7:51pm
The FFcal caused problems in the past because the FF news server changed.

Try to delete it in your MT4 folder and replace it with the new one, that might do the job.

Trix for Tradestation? no idea, sorry.

Quoting hdforex
I tried again and now cannot even get MetaTrader to run without crashing immediately. When I have more time, I'll download MetaTrader all over again after making a backup of my indicators. I am now using TradeStation (they are running a promotion and giving the platform for free for the last four months of the year) and would like to put TRIX v6.1 up in TradeStation. Has anyone written a TRIX for TradeStation?
  • #13,044
  • Sep 9, 2009 9:07pm Sep 9, 2009 9:07pm
Watch out for a breakout here.

Anyhow it's not my session to trade E/U.
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  • #13,045
  • Sep 9, 2009 11:33pm Sep 9, 2009 11:33pm
For those of you who are using Andrew's Median Lines (Pitchfork) for higher TF analysis, take a look here for an Andrew's Median Line MT4 indicator that I completed. It supports Schiff, Modified Schiff, Catalin, inner lines, warning lines, reaction lines and sliding parallels.

Quoting supremeChaos
a pitchfork indi? Hmmm, Sounds promising.
  • #13,046
  • Edited 11:53pm Sep 9, 2009 11:40pm | Edited 11:53pm
I have spent the last few days reading most of this thread. It's been very interesting seeing the transition from V1 throught to V3 ... and V4 on the horizon.

I'm now simulating all this and trading on a demo account. Just a quick question ... I'm in New Zealand (GMT + 12) ie My waking hours are last 2 hours of NY through to first 2 hrs of London. Basically, I am in the Asian session most of the day ... very hard to trade ... (low volume).

Posts in this thread indicate the cross-over of London-US is most suited to THV ... when I'm asleep

Is anyone having any success in the Asian session (with thv)?

Just a little about me ...

I've started writing EAs and finding it loads of fun (especially calls to OS dlls) ... there's a definite sense of satisfaction when you write software that benefits yourself.

I'm currently making a career change and wish to work from home more ... for years, I've been away for weeks at a time working at factories (software engineering automation systems). I'm hoping that Forex trading will give me a better balance between work and home life ... trading during the night will be counter-productive to this ideal (but better than being away from my family).
  • #13,047
  • Sep 10, 2009 12:52am Sep 10, 2009 12:52am
Welcome Stratman

Let me talk with the folks in London if they can start some hours earlier

Joke beside, try the EUR/JPY during the Asian session, that's what I trade if I trade in that time.

Don't give up your job until you're sure that you can beat the market and that trading is your liking. Trading is a hard, risky and lonely job that makes you fat (almost no moves others that having a coffee) but I wouldn't like to miss it a single trading day.

Have a great session (or sleep, I start to trade soon)

Quoting stratman
Posts in this thread indicate the cross-over of London-US is most suited to THV ... when I'm asleep

Is anyone having any success in the Asian session (with thv)?
  • #13,048
  • Sep 10, 2009 12:53am Sep 10, 2009 12:53am
And broken out it did; just a scalp trade so far. The current pattern is still in the process of resolution. Larger intraday corrective down move or continuation to the north; don't know yet, but we'll know soon enough. Take care.

Have a good one
Jeff

Quoting cobraforex
Watch out for a breakout here.

Anyhow it's not my session to trade E/U.
~*~You are only one trade away from humility~*~
  • #13,049
  • Sep 10, 2009 12:55am Sep 10, 2009 12:55am
Wow, that's great Caveman

Will get it to testdrive

Quoting caveman
For those of you who are using Andrew's Median Lines (Pitchfork) for higher TF analysis, take a look here for an Andrew's Median Line MT4 indicator that I completed. It supports Schiff, Modified Schiff, Catalin, inner lines, warning lines, reaction lines and sliding parallels.
  • #13,050
  • Sep 10, 2009 12:58am Sep 10, 2009 12:58am
Hmmm , my ICCE mega channel fib says 1.4646 as the first TP, let's see where that thingy wanna go.

Quoting jharteam
And broken out it did; just a scalp trade so far. The current pattern is still in the process of resolution. Larger intraday corrective down move or continuation to the north; don't know yet, but we'll know soon enough. Take care.

Have a good one
Jeff
  • #13,051
  • Sep 10, 2009 1:51am Sep 10, 2009 1:51am
I need to understand the trend lines, and how I should use them? You have done excellent job with this and thank you for sharing.
  • #13,052
  • Sep 10, 2009 2:15am Sep 10, 2009 2:15am
I second the part on trading being a very lonely job. The hard part can be overcome eventually once getting over the learning curve but the part about lonely took me a lot longer to get use to though ..... and it affected me a lot as I am a very sociable person. To me that was the most difficult part to becoming a full time trader at home.

Quoting cobraforex
Trading is a hard, risky and lonely job that makes you fat (almost no moves others that having a coffee) but I wouldn't like to miss it a single trading day.
  • #13,053
  • Sep 10, 2009 2:20am Sep 10, 2009 2:20am
Quoting caveman
I second the part on trading being a very lonely job. The hard part can be overcome eventually once getting over the learning curve but the part about lonely took me a lot longer to get use to though ..... and it affected me a lot as I am a very sociable person. To me that was the most difficult part to becoming a full time trader at home.
I would add that boredom can also be killer sometimes - so easy to take a B or C class trade just to ease the boredom.
  • #13,054
  • Sep 10, 2009 3:11am Sep 10, 2009 3:11am
EU M15: I am wondering if this increased volume at the last highs is an indication of closing longs and opening shorts. Weekly R3 and Monthly R2 are at the same level of 1.4601, and it would not be out-of-hand for the price to be run up to there before they stop supporting it.
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  • #13,055
  • Sep 10, 2009 3:21am Sep 10, 2009 3:21am
Saw your post and remembered that I did not reply you on this one. I would recommend just leaving two past most obvious trend lines that were recently breached on the charts. It is not so much as to how far to look back.

Hope this helps ... cheers...

Quoting macman
Hi Cave,

Any suggestions as to how far back to look into the past?

Thanks
  • #13,056
  • Sep 10, 2009 3:40am Sep 10, 2009 3:40am
Quoting caveman
Saw your post and remembered that I did not reply you on this one. I would recommend just leaving two past most obvious trend lines that were recently breached on the charts. It is not so much as to how far to look back.

Hope this helps ... cheers...
Thanks Cave,

Good information ...
  • #13,057
  • Edited 5:40am Sep 10, 2009 5:36am | Edited 5:40am
Amazing how trend lines are respected ... here's my 4 hr. I took the trade short (on thv signal) and exited at the trend line.
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  • #13,058
  • Sep 10, 2009 7:05am Sep 10, 2009 7:05am
Thanks Cobra for the new and improved FF Cal. It sure is an improvement over the older version.
  • #13,059
  • Sep 10, 2009 9:59am Sep 10, 2009 9:59am
Hi Stratman,

Just want to make sure you are aware that your trade was counter trend and against a strong uptrend. Always advisable to go with the trend than against.

Personally, I would not take this trade. It is not a high probability trade to me. But good catch.

Cheers,
CaveMan

Quoting stratman
Amazing how trend lines are respected ... here's my 4 hr. I took the trade short (on thv signal) and exited at the trend line.
  • #13,060
  • Sep 10, 2009 11:22am Sep 10, 2009 11:22am
The blue lines show divergence at abot 10:00 GMT, also retest of a historical S&R TL, was a good bet.

Also bounce back from MR2 (and psych level 1.4600) at overbought condition was easy to trigger, same thing with bounce from MS1 (and psych level 1.4500) with another restest of the TL.

Atually another short triggered but with London lose my trading room is also closed.

The market was good to us today.
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