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THV system, final edition

  • #14,441
  • Oct 10, 2009 3:56am Oct 10, 2009 3:56am
Quoting CarlosFX
Hi Mihailo!!!

This is my first post here in FF, I have been testing this THV system in demo for about 3 months and just by now starting to get the "feeling". Wanna say thanks a lot to all the team who developed the system in such a "desinterested" way and specially to Cobra.

But my question to Mihailo is: How many pips did you let the very first trade shown in your account history run against you????, I mean how many pips did you risk to win what you won???

Thanks everybody!!!
Hi CarlosFX!

Well, in that trade it was around 65 pips.

It was connected with analyse on H4 and Daily chart because I didnt have a time to do scalping.

It was nonstandard THV trade.

It looks like this when Im scalping by THV rules.

Ragards!
Attached Image (click to enlarge)
Click to Enlarge Name: slika2.jpg Size: 227 KB
  • #14,442
  • Oct 10, 2009 3:58am Oct 10, 2009 3:58am
in 1m and 5m macd can be the same as your sys. and MACD can be run in automatically, but not yours.
  • #14,443
  • Oct 10, 2009 6:36am Oct 10, 2009 6:36am
hi to all, i ll been trying to use thv v4 new version to replace thv v3, unfortunately it doesn't work, so perhap there is away. the only thing i see is trix and side window for pair with period, the sreen was blank with black, so many template to, but unable to get the thv v4 as it appears. help me out
  • #14,444
  • Oct 10, 2009 7:12am Oct 10, 2009 7:12am
Quoting Addin
hi to all, i ll been trying to use thv v4 new version to replace thv v3, unfortunately it doesn't work, so perhap there is away. the only thing i see is trix and side window for pair with period, the sreen was blank with black, so many template to, but unable to get the thv v4 as it appears. help me out
Activate setup to install indies and templates in v4 zip file.
  • #14,445
  • Oct 10, 2009 8:51am Oct 10, 2009 8:51am
In properties of Trix set last option "Intro" to false.

Quoting Addin
hi to all, i ll been trying to use thv v4 new version to replace thv v3, unfortunately it doesn't work, so perhap there is away. the only thing i see is trix and side window for pair with period, the sreen was blank with black, so many template to, but unable to get the thv v4 as it appears. help me out
  • #14,446
  • Oct 10, 2009 8:58am Oct 10, 2009 8:58am
You are using THV MTF and you don't use the template which is included in V4.

Yep, I see that even if you cleared the names of the other window indicators.

Those MTF call another trix which is from the V3 version that's why the V3 label and the divergence lines appear.

Use the THV V4 MTF template

Quoting proverbs
Cobra and Team,
Great work on your new version.
I have installed the latest indies and the divergence lines are showing up even when I have them set to false. Am I doing something wrong?
Attachment

Second issue I am seeing is that one of the indicators is over writing THV3 over your new THV4 screen. See attachment. Can you please remove this for cosmetic purposes?

Thanks for your assistance..
James
Attachment
  • #14,447
  • Oct 10, 2009 9:08am Oct 10, 2009 9:08am
I always try to give a suggestion of a more secure entry but I for myself am very agressive, if you scalp three years you get the feeling when and where you should or not.

For that:
1. after broken swing.

2. This depends on the trend situation on higher TFs, anyhow give your trade enough breath to be able to develope what you was expecting.
I always set my mental SL below a Support in case of longs.

3. Yes, absolutely, each TF has a different strategy, SL and TP.

4. No I would not avoid the trade, that is a calculated risk, but I would feel much better.

Quoting Mindsphere
Thanks for that Cobra.
Just for a little extra clarification - for the first entry, would we enter just after a bounce, or after it had broken the previous swing high?
For the second entry, if the price hesitates at the previous swing high then moves a little lower, do we exit?
Finally, you say this is very strong on higher TFs. Would you use a different strategy if you were attempting to scalp the 1m?

Edit: Oh and if there was no retest of the previous swing highs in the first entry condition (as you have drawn on) would you avoid the trade? (i.e....
  • #14,448
  • Oct 10, 2009 9:15am Oct 10, 2009 9:15am
Quoting Mihailo
Hi CarlosFX!

Well, in that trade it was around 65 pips.

It was connected with analyse on H4 and Daily chart because I didnt have a time to do scalping.

It was nonstandard THV trade.

It looks like this when Im scalping by THV rules.

Ragards!
Quoting Mihailo
Hi CarlosFX!

Well, in that trade it was around 65 pips.

It was connected with analyse on H4 and Daily chart because I didnt have a time to do scalping.

It was nonstandard THV trade.

It looks like this when Im scalping by THV rules.

Ragards!
Hi Mihailo,


I think that you trade with very bad MM becouse you dont put Sl and take litle pips,try to be discipline and to manage your risk ( jsut my advice)


Pozdrav iz Srbije i MPT Tima (poseti nas sajt i diskutuj sa nasim trejderima)


Cheers
"Buy on fear, sell on greed !!!
  • #14,449
  • Oct 10, 2009 11:05am Oct 10, 2009 11:05am
Cobra,
Thank you. I was able to back those problem parts out by starting over with your template.
I appreciate your time and assistance..
James

Quoting cobraforex
You are using THV MTF and you don't use the template which is included in V4.

Yep, I see that even if you cleared the names of the other window indicators.

Those MTF call another trix which is from the V3 version that's why the V3 label and the divergence lines appear.

Use the THV V4 MTF template
  • #14,450
  • Oct 10, 2009 11:27am Oct 10, 2009 11:27am
Quoting luca1982
Hi everyone, i want to share my strategy..the base is thv (thanks Cobra and you team!!!) ....)
Buongiorno luca,
Can you put some screenshots, tks..
  • #14,451
  • Oct 10, 2009 11:38am Oct 10, 2009 11:38am
Attention to all THV CaveManager users,

Glad to inform that after thorough investigation, it is confirmed that there is nothing wrong with the logic of THV CaveManager. It is safe to proceed in using it to manage your position.

Do take note and remember that THV CaveManager functions as such by design :-

 

  1. Handles one position per currency at any one time. Opening more than one position will caused unknown outcome.
  2. Do not load multiple copies of THV CaveManager on different charts of the same currency pair. Doing so will cause all copies of THV CaveManager to manage the same position and result in pre-mature closing of position.

An update version 1.4 is in testing at the moment and will include the following new features. It will be made available shortly.

 

  1. Auto setting of SL and TP using ATR value x factor
  2. Dynamic trailing stop using ATR value x factor
  3. Checks to prevent multiple copies of EA to be loaded for the same currency pair on different TF charts.

Cheers,
CaveMan

Quoting caveman
As you are the second person to mention this problem, I would issue a general advisory to all who are currently using CaveManager to stop using THV CaveManager until I complete the investigation, check the codes and revert.
  • #14,452
  • Edited 12:44pm Oct 10, 2009 12:04pm | Edited 12:44pm
Hi Luca

Believe me that we tried all kind of combinations and indicators to filter bad trades but we always came back to what is included in V3 or V4, there is nothing more needed, you will clutter your chart with all those indis and at the end not able to take a fast and reasonable trading decision.

We don't allow to post a bunch of new indicators without previous aproval of the Team.

We can discuss a single one.

Be sure that this thread isn't made to questionate the system, it's a presentation of a system that works for me and many more and not only since yesterday, we want to keep it as it is.

It's ok to customize your own trading chart, but not to present that here, it won't help nobody.

You are free to open a new system thread if you have enough results and the ability to explain how your stuff works.

Thanks for understanding.

Add: I just opened your doc file and believe me that no serious trader in the world will trade a chart like that, looks like italian spagetti.

I would be happy if you delete your posts to save Twee some time.

Quoting luca1982
Hi everyone, i want to share my strategy..
Attached Image
  • #14,453
  • Oct 10, 2009 12:08pm Oct 10, 2009 12:08pm
Quoting Petar_Serbia
Hi Mihailo,


I think that you trade with very bad MM becouse you dont put Sl and take litle pips,try to be discipline and to manage your risk ( jsut my advice)


Pozdrav iz Srbije i MPT Tima (poseti nas sajt i diskutuj sa nasim trejderima)


Cheers
Zdravo Petre

Thanks for advice!

I will Consider that!
  • #14,454
  • Edited 1:18pm Oct 10, 2009 12:14pm | Edited 1:18pm
Quoting cobraforex
Hi Luca

Believe me that we tried all kind of combination and indicators to filter bad trades but we always came back to what is included in V3 or V4, there is nothing more needed and you will clutter your chart with all those indis and at the end not able to take a fast and reasonable trading decision.

We don't allow to post a bunch of new indicators without previous aproval of the Team.

We can discuss a single one.

Be sure that this thread isn't made to questionate the system, it's a presentation of a system that works for me and many...

Cobra

Your system with the current rules on M5 in as good as it gets. I think if you stay away from the Asian session and only keep it to London and the later on London & NY its hard to fault M5 THV under the current rules.

But I am always open to improving.....who wouldnt be !

Cobra one question I know you trade EURUSD but what other pairs have you had success on please

Thanks


Candlestick
  • #14,455
  • Oct 10, 2009 1:05pm Oct 10, 2009 1:05pm
Quoting cobraforex
.... looks like italian spagetti....
  • #14,456
  • Oct 10, 2009 1:51pm Oct 10, 2009 1:51pm
Cobra,

You forgot to write "No hard feelings"

  • #14,457
  • Oct 10, 2009 2:00pm Oct 10, 2009 2:00pm
EURJPY during the Asian session.

Quoting Candlestick

Cobra one question I know you trade EURUSD but what other pairs have you had success on please

Thanks


Candlestick
  • #14,458
  • Oct 10, 2009 2:05pm Oct 10, 2009 2:05pm
You haven't seen my posts when I'm in bad mood.

Joke beside but if someone has an improvement which is tested for some weeks/month with good results I'm always open for discussions.

Luca, you are invited to keep posting all THV related, what I wrote is meant for your very best, try to clean the chart.

Quoting Mihailo
Cobra,

You forgot to write "No hard feelings"

  • #14,459
  • Oct 11, 2009 6:05am Oct 11, 2009 6:05am
Hi Cobra,

Can you confirm these are entries strictly by the rules?

o Long = Above Coral + Above Cloud + Both Trix Cross & Same Color
o Sell = Below Coral + Below Cloud + Both Trix Cross & Same Color

Thanks to you and the team for your great work!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thvm5 x2 (keep practicing).gif Size: 32 KB
Click to Enlarge Name: cobra - 2x 5min.gif Size: 30 KB
Click to Enlarge Name: cobra - 3x 5min.gif Size: 32 KB
  • #14,460
  • Oct 11, 2009 9:34am Oct 11, 2009 9:34am
Decadence, thanks for posting that checklist, it's nice to see your rules so clearly and systematically articulated. I've cut and pasted it for my own use, I hope other newbies like me spotted it and are doing the same.

My own rules were something like that but uncodified and pretty foggy in my head, which would sometimes lead me into some dodgy trades.
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