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THV system, final edition

  • #13,421
  • Sep 24, 2009 5:34pm Sep 24, 2009 5:34pm
Quoting poorme
Hi stratman,
not with my broker (I'm in OZ)

Cheers,
Steve
(Btw, I really enjoy/learn reading your posts.)
Weird ... I wasn't in a trade ... but darn weird ... the broker is ODL Demo

btw, I'm in New Zealand
  • #13,422
  • Sep 24, 2009 6:18pm Sep 24, 2009 6:18pm
It's the coral in the next TF.

Still working on the code to automate it.

Quoting traderathome
What moving average, and what gender (sma, ema, T3coral, Hull, xpMA) is that blue line, Cobra?
  • #13,423
  • Sep 24, 2009 6:25pm Sep 24, 2009 6:25pm
V4 gave signal at cross of the 1M cloud at about 54 at 5M and 1M.

That trade is good for maybe 15 pips .

This is a screenshot from a 23 incher.

BTW: you see that I use the Oanda execution on the chart, I'm NOT trading MT4 for many reasons we already touched in this thread.

Add: Bingo, TP touched

I don't need nothing more than 3 of those trades daily (but during the London session).
Attached Image (click to enlarge)
Click to Enlarge Name: thv4 31.jpg Size: 127 KB
  • #13,424
  • Sep 24, 2009 6:38pm Sep 24, 2009 6:38pm
Hi Scrutch, good to see you, we missed you.

Quoting Scrutch
PnS...your English is much better than my Russian...
Edit: See our mentor and fine fellow types faster than I...Hi Cobra...
  • #13,425
  • Sep 24, 2009 6:44pm Sep 24, 2009 6:44pm
Wow your V4 charts look interesting, can't wait to the new version.

Quoting cobraforex
V4 gave signal at cross of the 1M cloud at about 54 at 5M and 1M.

That trade is good for maybe 15 pips .

This is a screenshot from a 23 incher.

BTW: you see that I use the Oanda execution on the chart, I'm NOT trading MT4 for many reasons we already touched in this thread.

Add: Bingo, TP touched

I don't need nothing more than 3 of those trades daily (but during the London session).
  • #13,426
  • Edited 6:49pm Sep 24, 2009 6:46pm | Edited 6:49pm
another signal at brea of my last TP, that may re-test MS3 .

Add: another Bingo
Attached Image (click to enlarge)
Click to Enlarge Name: thv4 32.gif Size: 28 KB
  • #13,427
  • Sep 24, 2009 7:05pm Sep 24, 2009 7:05pm
Pretty good first two weeks. I've been trading the M5 TF using 1 standard lot per entry and CaveManager EA to manage the open position for me (which I have changed the settings a few times since starting).

I put a detailed statement in my ZIP file, unfortunately I was testing a different system for the first 10-11 trades so it's a bit skewed but after that first drop I have been using THV exclusively and 90-95% of them have been divergence trades.

Looking good so far!
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 7 KB
Attached File(s)
File Type: zip DetailedStatement.zip   7 KB | 543 downloads
  • #13,428
  • Sep 24, 2009 7:20pm Sep 24, 2009 7:20pm
Quoting decidence
Pretty good first two weeks. I've been trading the M5 TF using 1 standard lot per entry and CaveManager EA to manage the open position for me (which I have changed the settings a few times since starting).

I put a detailed statement in my ZIP file, unfortunately I was testing a different system for the first 10-11 trades so it's a bit skewed but after that first drop I have been using THV exclusively and 90-95% of them have been divergence trades.

Looking good so far!
How do you get that equity chart for your account ... I can only seem to get it from the strategy tester when back testing
  • #13,429
  • Sep 24, 2009 7:29pm Sep 24, 2009 7:29pm
I just made +137 pips

Just before the JPY news I managed to get into some JPY trades and move stop to break-even. I also was trading my local currencies AUD and NZD:

NZDUSD Break-Even
AUDNZD -10 pips (didn't look at spread ... it was 14 pips )
AUDUSD Break-Even

EURJPY +65 pips
GBPJPY +82 pips

Because I did ok so far for the day. I stayed in my USDJPY attached and re-entered and moved my stop half way to break-even (see pic)

EDIT: I have been relying on a 2% equity risk per trade and my account equity is realistic of what I would have if real ... I'm stoked
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.jpg Size: 127 KB
  • #13,430
  • Sep 24, 2009 7:39pm Sep 24, 2009 7:39pm
here you see an entry permission on 5M after break of the cloud but 1M didn't confirm because of the Trix formation, possible reverse is on the plan (for that TF).

So we better skip that trade, there are dozens of better ones in a session.
Attached Image (click to enlarge)
Click to Enlarge Name: thv4 33.jpg Size: 87 KB
  • #13,431
  • Sep 24, 2009 7:58pm Sep 24, 2009 7:58pm
Happened what I was thinking, PA took a small breath and tanked again, after retest set a pending order and TP on next pivot , in this case S1 (previous MS3) and so on.

That's called real scalping.
Attached Image (click to enlarge)
Click to Enlarge Name: thv4 34.gif Size: 33 KB
  • #13,432
  • Sep 24, 2009 8:00pm Sep 24, 2009 8:00pm
Quoting cobraforex
here you see an entry permission on 5M after break of the cloud but 1M didn't confirm because of the Trix formation, possible reverse is on the plan (for that TF).

So we better skip that trade, there are dozens of better ones in a session.
I'm already in a trade ... got in short at GMT 22:56

At a minimum, I'm moving my stop to break-even ... considering whether to take profit and try another entry later? What do you think?

I've made so many pips today that it's a no risk trade (if break-even) ... or is that a bad way to look at the situation?
Attached Image (click to enlarge)
Click to Enlarge Name: thv.jpg Size: 108 KB
  • #13,433
  • Sep 24, 2009 8:04pm Sep 24, 2009 8:04pm
Quoting stratman
Because I did ok so far for the day. I stayed in my USDJPY attached and re-entered and moved my stop half way to break-even ...
Unfortunately got stopped out for break-even ... only just nudged my stop!

Here's a pic of my account for the +137 pips in case anyone thinks I'm talking porky's
Attached Image (click to enlarge)
Click to Enlarge Name: account.jpg Size: 41 KB
  • #13,434
  • Sep 24, 2009 8:15pm Sep 24, 2009 8:15pm
I've been doing a lot of screen time this morning so haven't been able to work on the corner placement for my indicator yet.

Thought I'd attach it here so you can play with it for now.

It's currently set to display in WindowNumber=2 and current Symbol(). If you want to add a indicator window (number 2), use the BlankWindow.ex4 attached here.

EDIT: Window number, symbols etc are all user adjustable. Please don't ask about how to set this up ... just put it here for you to play with. Let me finish writing a manual plus add the corner placement ability before asking. cheers, stratman.
Attached Image (click to enlarge)
Click to Enlarge Name: thv.jpg Size: 104 KB
Attached File(s)
File Type: ex4 BlankWindow.ex4   1 KB | 666 downloads
File Type: ex4 Stratman_MiniChart_v05Beta.ex4   40 KB | 686 downloads
  • #13,435
  • Edited 8:33pm Sep 24, 2009 8:22pm | Edited 8:33pm
Damn, EURUSD (EDIT: Sorry EURJPY) broke through S1 while I was writing on the forum. I need to concentrate!!!

Now waiting for a retracement back to S1 for an entry. At least my EU trade is at +30 pips
  • #13,436
  • Sep 24, 2009 8:31pm Sep 24, 2009 8:31pm
Don't say this Strat, you only wan what you cash at the end of the month, never give back the pips you earned with hard work.

Any trade is a risk, but with good MM you can minimize risks.

Quoting stratman

I've made so many pips today that it's a no risk trade ......
  • #13,437
  • Sep 24, 2009 8:43pm Sep 24, 2009 8:43pm
I got into a short AUDUSD trade and lost 11 pips. I'll post it so you can see what happened.

See the next post to see why I shouldn't have got into that trade even though I thought the THV signal was valid.
Attached Image (click to enlarge)
Click to Enlarge Name: thv.jpg Size: 115 KB
  • #13,438
  • Sep 24, 2009 8:47pm Sep 24, 2009 8:47pm
Carrying on from my last post ... I shouldn't have got short on AUDUSD because it was hitting significant trendline support on D1 chart.

I've posted both NZDUSD & AUDUSD because if you combine all the bars above the yellow support line, you'll have a pin bar standing very proud after a good up move .... signalling high likelyhood of reversal on these two currencies.
Attached Image
  • #13,439
  • Sep 24, 2009 11:03pm Sep 24, 2009 11:03pm
Cobra, quick question about the THV alerts.

I have SoundAlerts turned on and also TrixCross alert turned to true as well since I only want to be alerted when the lines cross, but a lot of the time it gives a "Trix Cross" alert when they haven't and sometimes he will say it like over and over again, is this the wrong one to have turned on?
  • #13,440
  • Sep 24, 2009 11:31pm Sep 24, 2009 11:31pm
Trix_Cross is when the fast Trix cross the zero line, the middle one.


Quoting decidence
Cobra, quick question about the THV alerts.

I have SoundAlerts turned on and also TrixCross alert turned to true as well since I only want to be alerted when the lines cross, but a lot of the time it gives a "Trix Cross" alert when they haven't and sometimes he will say it like over and over again, is this the wrong one to have turned on?
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