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THV system, final edition

  • #13,641
  • Sep 28, 2009 10:55pm Sep 28, 2009 10:55pm
Quoting cobraforex
Ok, we are ready to go, this is version V4...
...This is $ fun $...

Kudos to the THV team...
Listen to the whispers.... You may learn something
  • #13,642
  • Sep 28, 2009 10:58pm Sep 28, 2009 10:58pm
First, PA is very slow at the moment and ranging, I wouldn't trade now untill PA gets out of range.

Other, you enter direct but you should look that there is no R&S in that zone, and aim ony for some pips as this is a scalp setup.

Quoting antonioforex
So I just had a buy signal (4 green bars on 1m and 5m) on EUR/USD and I've entered it. I have no idea if that was a valid trade. Do I need to wait for the candle to close or as soon as 1m and 5m go green I can enter?
  • #13,643
  • Sep 28, 2009 10:59pm Sep 28, 2009 10:59pm
Quoting cobraforex
When all are green or red on 1M and 5M you have an entry signal which needs to be confirmed first on the 15M analyze chart.

To have those signals you need to set Coral_next_TF to false.
What are the four lites confirming?

I have 4-4 green on the 5m now, but the fast trix is below zero and below the slow trix which is red.

Pretty Cool

Cheers
  • #13,644
  • Sep 28, 2009 11:03pm Sep 28, 2009 11:03pm
Hi Scrutch, glad that you like it.

I'm since yesterday with 38 trades without a single loser, some with BE.

I'm sure that it's not that easy to understand for new traders but the veterans under us should catch it up quickly.

Quoting Scrutch
...This is $ fun $...

Kudos to the THV team...
  • #13,645
  • Sep 28, 2009 11:08pm Sep 28, 2009 11:08pm
Quoting cobraforex
Hi Scrutch, glad that you like it.

I'm since yesterday with 38 trades without a single loser, some with BE.

I'm sure that it's not that easy to understand for new traders but the veterans under us should catch it up quickly.
Cobra, How is the average tp of these 38 trades ?

Thanks!!!
  • #13,646
  • Sep 28, 2009 11:09pm Sep 28, 2009 11:09pm
Thanks for clearing it up Cobra. I can see that the market is ranging by looking at the 1m chart but do you personally have a more professional way of determining a ranging market? thank you!
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  • #13,647
  • Sep 28, 2009 11:09pm Sep 28, 2009 11:09pm
If you have set it like I discribed it's:
1. 5M Coral
2. actual TF coral (1M)
3. Ichi cloud
4. Fast trix

Signal will not given if PA is OB/OS

Quoting goldsurfer
What are the four lites confirming?

I have 4-4 green on the 5m now, but the fast trix is below zero and below the slow trix which is red.

Pretty Cool

Cheers
  • #13,648
  • Sep 28, 2009 11:11pm Sep 28, 2009 11:11pm
Quoting cobraforex
Hi Scrutch, glad that you like it.

I'm since yesterday with 38 trades without a single loser, some with BE.

I'm sure that it's not that easy to understand for new traders but the veterans under us should catch it up quickly.
Like it...? This is GREAT. I need to get a bit of rest but this new chart is keeping me from it. 38 in a row...that's fantastic Cobra, be sure you get a nice bottle for your bride.
Listen to the whispers.... You may learn something
  • #13,649
  • Sep 28, 2009 11:12pm Sep 28, 2009 11:12pm
average 3 pips, I'm a scalper, fast in fast out.

I don't get mad with myself if I TP and PA gets 30 pips higher.

Quoting jdcabona
Cobra, How is the average tp of these 38 trades ?

Thanks!!!
  • #13,650
  • Sep 28, 2009 11:25pm Sep 28, 2009 11:25pm
I love ranging markets but too much is too much, we have a range of 15 pips at the moment, between entry and exit isn't much left.

Good ranges for scalping are 40 to 50 pips.

Quoting antonioforex
Thanks for clearing it up Cobra. I can see that the market is ranging by looking at the 1m chart but do you personally have a more professional way of determining a ranging market? thank you!
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  • #13,651
  • Sep 28, 2009 11:30pm Sep 28, 2009 11:30pm
Cobra and others, many thanks for your efforts in the ongoing improvements to this system.

Your efforts are appreciated
regards

Peter
  • #13,652
  • Sep 28, 2009 11:37pm Sep 28, 2009 11:37pm
Cobra,

It is good to know that it works even in the ranging market

So far 3 winning trades.

I have to study it much more though but I already love it!
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  • #13,653
  • Sep 28, 2009 11:38pm Sep 28, 2009 11:38pm
Alex, that sounds like a corrupt file, download and try again.

Quoting alexdc
I am having v4 installation errors. I have v3 installed and it is functioning fine. The errors I have attached are what I get when I try to install v4.

Any Ideas?
  • #13,654
  • Sep 28, 2009 11:43pm Sep 28, 2009 11:43pm
Great Antonio, practice on demo before touching the hardcore account.

I'm scalping since 3 years and know what I do but it took me time to get my accounts in green numbers, this FX thingy isn't the easiest way to make money.

Have a great session folks, I'm gonna have a nap till London open.


Quoting antonioforex
Cobra,

It is good to know that it works even in the ranging market

So far 3 winning trades.

I have to study it much more though but I already love it!
  • #13,655
  • Sep 29, 2009 1:03am Sep 29, 2009 1:03am
Cobra, if your average scalp is 3 pips, is your SL still 15? Or do you close as soon as you see the trade not working? You might have to think far back since it's been so long without a loss! Thanks for everything.
  • #13,656
  • Sep 29, 2009 1:15am Sep 29, 2009 1:15am
Congrats and well done to cobraforex and THV team. Its fantastic product.

As a beginner I will play with it for the next few days and let you all know my findings. Superb job.
  • #13,657
  • Sep 29, 2009 1:50am Sep 29, 2009 1:50am
Quoting cobraforex
average 3 pips, I'm a scalper, fast in fast out.

I don't get mad with myself if I TP and PA gets 30 pips higher.
What sort of SL do you use when you're going for such a small TP? The 3xATR as shown on the M1 charts?
  • #13,658
  • Sep 29, 2009 1:54am Sep 29, 2009 1:54am
Thv 4 is great , just need to used to it with v3 I feel more "secure"
Btw: is there a V4 news indicator? I cant find it with any templete or in indicators folder
  • #13,659
  • Sep 29, 2009 1:57am Sep 29, 2009 1:57am
Quoting cobraforex
Great Antonio, practice on demo before touching the hardcore account.

I'm scalping since 3 years and know what I do but it took me time to get my accounts in green numbers, this FX thingy isn't the easiest way to make money.

Have a great session folks, I'm gonna have a nap till London open.
After the hard work you need all the sleep you can get. A job well done, see on London session, goodluck. CONGRAT
  • #13,660
  • Sep 29, 2009 2:00am Sep 29, 2009 2:00am
I'm not using SL, I lost more money in hitten SL than being wrong with my trades cause of spikes.

I go out of the trade at first sign that my take was wrong

It's easier to make twice 5 pips than once 10 (for me).

Also when I answered that the average pips was 3 included the BE's. Usually I take 5 to 15 pips sometimes I let it run for much more, it depends of the feeling, there are no rules for it.

Anyhow I see 15 pips as a reasonable SL for a scalptrade but I prefere my way which need a good portion of experience.

Time to make some bucks now, see you.

[For the ones that still don't know, I never post while trading during the London session, it takes my full concentration to scalp.]

Quoting Mindsphere
What sort of SL do you use when you're going for such a small TP? The 3xATR as shown on the M1 charts?
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