THV system, final edition | Page 694 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #13,861
  • Sep 30, 2009 1:14pm Sep 30, 2009 1:14pm
Here a chart of todays PA, an excelent bet was the divergence at test of the DP (FPV), than retest of 5M Coral with break of R1 and at the end divergence at touch of R2.

I hope you all got some pips out of that.
Attached Image (click to enlarge)
Click to Enlarge Name: thv4 release15.jpg Size: 95 KB
  • #13,862
  • Sep 30, 2009 1:21pm Sep 30, 2009 1:21pm
Hi folks!

This is result of using THV system for two weeks.

Thanks Cobra for sharing this amazing system
Attached Image (click to enlarge)
Click to Enlarge Name: s.jpg Size: 103 KB
  • #13,863
  • Sep 30, 2009 1:23pm Sep 30, 2009 1:23pm
Quoting cobraforex
Here a chart of todays PA, an excelent bet was the divergence at test of the DP (FPV), than retest of 5M Coral with break of R1 and at the end divergence at touch of R2.

I hope you all got some pips out of that.
Cobra, I was also cheking today's graph and I saw that one. My question is, what would be a good (relatively conservative) entry point?
The zone you marked has both trix lines red and its inside or below cloud.

Another question is what are the best trading hours for EURJPY? (in your opinion, of course)
  • #13,864
  • Sep 30, 2009 1:40pm Sep 30, 2009 1:40pm
Using CaveManager for some odd reason when my position has already taken its first batch of profit, if I move my chart's TF more lots in the position get sold when they haven't reached their batch (or maybe the price is dipping below my first batch pip requirement and re-reaching it and closing more).
  • #13,865
  • Sep 30, 2009 1:48pm Sep 30, 2009 1:48pm
When PA hits points like DP or in our case R2 which is also Weekly Pivot you don't need to wait for any confirmation other than the 1M cloud.

Set a 15 pips SL above those R&S and let it run untill you feel that it doesn't go further. You mostly have a great R/R relation on those trades and it doesn't hurt me at all if I lose one of those.

I trade the E/Y during the first and last hours of the Asian session if I have time to do so with lower pip value as this pair moves much faster than E/U.

In this chart I use the ICCE fib tool, you can see the previous range of the WP level which marked the power of the Resistance.

Quoting NosferatuMan
Cobra, I was also cheking today's graph and I saw that one. My question is, what would be a good (relatively conservative) entry point?
The zone you marked has both trix lines red and its inside or below cloud.

Another question is what are the best trading hours for EURJPY? (in your opinion, of course)
Attached Image (click to enlarge)
Click to Enlarge Name: icce76.jpg Size: 130 KB
  • #13,866
  • Sep 30, 2009 1:57pm Sep 30, 2009 1:57pm
Incredible result.

I'm not able to archive that constantly.

Quoting Mihailo
Hi folks!

This is result of using THV system for two weeks.

Thanks Cobra for sharing this amazing system
  • #13,867
  • Sep 30, 2009 2:01pm Sep 30, 2009 2:01pm
Quoting cobraforex
When PA hits points like DP or in our case R2 which is also Weekly Pivot you don't need to wait for any confirmation other than the 1M cloud.

Set a 15 pips SL above those R&S and let it run untill you feel that it doesn't go further. You mostly have a great R/R relation on those trades and it doesn't hurt me at all if I lose one of those.

I trade the E/Y during the first and last hours of the Asian session if I have time to do so with lower pip value as this pair moves much faster than E/U.

In this chart I use the ICCE fib tool, you can see the...
Dear Cobra, thanks for the detailed answer. It really helps

But my question was regarding the long entry you marked before. I believe you consider it a good entry point for long. Don't want to take you much time, but if that's the case (long entry) please explain it when you can.

Thanks in advance.
  • #13,868
  • Sep 30, 2009 2:06pm Sep 30, 2009 2:06pm
You see that PA tested the DP, right?

PA was rejected and tested DP again, the red Doji HA candle.

That (and previous explained facts) is more than enough reason to take a long order.

Quoting NosferatuMan
Dear Cobra, thanks for the detailed answer. It really helps

But my question was regarding the long entry you marked before. I believe you consider it a good entry point for long. Don't want to take you much time, but if that's the case (long entry) please explain it when you can.

Thanks in advance.
  • #13,869
  • Sep 30, 2009 2:07pm Sep 30, 2009 2:07pm
Quoting cobraforex
It's important that you uncheck "Draw object as background" do that on whatever template once and you're done, same with HLs.
well cobra! ever the best!
just done a nice short cause of the retest of r2 and good divergence nice 11 pips ( i coul take more.. but i wasn't follow the trade infront of my pc)
  • #13,870
  • Sep 30, 2009 2:10pm Sep 30, 2009 2:10pm
Cobra,

Im just reading Your posts, and trade like You recomend.

It is very simple, just follow the rules, dont think to much and patience without fear and emotions.

People always think that they can do better and trying to change rules.

If it works for You, why will not work for me.

Thanks again for sharing it
  • #13,871
  • Sep 30, 2009 2:16pm Sep 30, 2009 2:16pm
Do you notice the nice double top that is formed on the Strat mini chart?

A wonderful tool to be updated always with the "Bigger Picture".

What a pitty that the trading room is closed for today.
Attached Image
  • #13,872
  • Sep 30, 2009 2:16pm Sep 30, 2009 2:16pm
Quoting cobraforex
You see that PA tested the DP, right?

PA was rejected and tested DP again, the red Doji HA candle.

That (and previous explained facts) is more than enough reason to take a long order.
Perfect. Thanks a lot
  • #13,873
  • Sep 30, 2009 2:28pm Sep 30, 2009 2:28pm
The DT on 15M, nice take.

Quoting pattinatore
just done a nice short cause of the retest of r2 and good divergence nice 11 pips ( i coul take more.. but i wasn't follow the trade infront of my pc)
  • #13,874
  • Sep 30, 2009 2:50pm Sep 30, 2009 2:50pm
Hello Cobra,
Is that the PA clearing the cloud in this case on the 1M and then take your entry??? and then set SL above the R2 or below the Daily low? Does it also work against the S2? Thanks for the help in this question.
D


Quoting cobraforex
When PA hits points like DP or in our case R2 which is also Weekly Pivot you don't need to wait for any confirmation other than the 1M cloud.

Set a 15 pips SL above those R&S and let it run untill you feel that it doesn't go further. You mostly have a great R/R relation on those trades and it doesn't hurt me at all if I lose one of those.

I trade the E/Y during the first and last hours of the Asian session if I have time to do so with lower pip value as this pair moves much faster than E/U.

In this chart I use the ICCE fib tool, you can see...
Without vision, the people will perish.
  • #13,875
  • Sep 30, 2009 4:41pm Sep 30, 2009 4:41pm
Hi Miss Pipps.
I noticed you took a trade at 10:09 on this chart. I was wondering why this qualified. It is not above the coral on the 5M chart. It is also against your rainbow/trend. Can you specify why it qualified? I see it is on the 68% fibo.
Any and all help is appriciated.

also wanted to confirm it must be above the 5M and 1M coral for a Long and Below both for a short. Correct?
Dan
Quoting MissPips
I see you are determined to extract all my rainbow secrets. :-)

Well, since you are, if you watch the rainbow for a while you will see that there are a few types. Some are a nice smooth crescent, and some aren't. This type is what I call the seahorse trade because the shape of the rainbow reminds me of one. Sounds silly but helps me remember the shape of the pattern. Usually you will get at least two trades off this kind of rainbow, one at the hump and one as PA comes off the long nose of the seahorse. (Less poetically Joe Dinapoli calls this...
Without vision, the people will perish.
  • #13,876
  • Sep 30, 2009 4:57pm Sep 30, 2009 4:57pm
Quoting Megara
I've had the same problem yesterday. I'm not expert in computer but had tried this. See if this can help the installing? Don't scold if this is not the answer
Nope, still having the same problems when I click the exe file.
Attached Image
  • #13,877
  • Sep 30, 2009 5:23pm Sep 30, 2009 5:23pm
If you use:

while( !IsStopped() )

inside and indicator, you need

WindowRedraw();

otherwise the screen will never be updated with changes you make to objects. This is because objects only get refreshed when the start() function is exited ... in this case it never does.

That is while( !IsStopped() ) keeps the indicator in its start() function permanently. The sleep(1000) means that we give time back to MT4 terminal to carry out its normal business.

This causes the loop inside start() function to have 1 iteration per second ... exactly what we want for the candle clock.

Quoting cobraforex
T@H is wrong, your script has nothing malicious but at the moment to apply it to an existing candle clock it makes the MT4 crashing, I have the same experience.

That happens because we don't apply it as it should. I think this could be a nice task for Stratman.
  • #13,878
  • Sep 30, 2009 5:23pm Sep 30, 2009 5:23pm
Quoting Baldrick
Anyone running V4 smoothly on Vista? It's very slow for me, sometimes 30 sec between ticks. Also, moving windows, bringing up menus etc is extremely slow. I'm quite sure it's not my computer because it's a quadcore with 4GB RAM, and everything else runs fine. It also works on my older laptop running XP.
I am finding the same issues. My computer could handle v3 fine, but v4 brings to a crawling halt. My computer is 1g ram, window xp, and v4 uses up 45-50% of cpu. I am running v4 setup for gy and ey on 5m chart and analysis templete on 15m charts.
  • #13,879
  • Edited 5:32pm Sep 30, 2009 5:30pm | Edited 5:32pm
Mini charts get updated on every tick of the main chart currency. Each individual chart gets totally redrawn at each new candle of that minichart.

If you have a large number of minicharts (I have 15 on one window), the time processing them can be excessive, especially during higher volume times (many ticks in a short space of time).

For this reason, I'm adding a SleepTime variable that will give time back to the terminal between each chart processing ie if 15 charts, the indicator will give 15 lots of Sleep Time to the terminal on every tick.

I should have the new version uploaded to the mini chart thread shortly. Maybe those people that are finding MT4 slow with THV4 can try the new mini chart update and report back about any improvement?

Attached Image (click to enlarge)
Click to Enlarge Name: minichart.gif Size: 27 KB
  • #13,880
  • Sep 30, 2009 5:34pm Sep 30, 2009 5:34pm
Quoting stratman
Here's the mini chart manual as promised.

EDIT: I started a thread for this here: http://www.forexfactory.com/showthre...69#post3094969

All questions regarding this indicator should be posted there please.
Hi Stratman

It has been a long time since I have come across such a cool and useful indicator. I was wondering if it's possible to add any of the MT4 indicators to the minicharts. It would be useful to see how the price action in minicharts is reacting say to moving averages. I don't mean complicated indicators just simple ones like moving averages, ichimoku something that does not require a separate indicator box.

I hope this makes sense. Either way, thanks for your fantastic work.

Fatmirm
10 traders viewing now