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THV system, final edition

  • #14,681
  • Oct 15, 2009 11:54am Oct 15, 2009 11:54am
Yes, that's possible, give me a little time for that, I'm in another project at the moment.

Hi Caveman, see you online, may you take that over please?


Quoting Metaloide
Hello Cobra!

I need an alert when prices cross coral indicator. Can you help me?

thanks!.
  • #14,682
  • Oct 15, 2009 12:01pm Oct 15, 2009 12:01pm
Paper clip upper right corner, all indis are stored there, select "ignore images"

Quoting Manuelito
Where could I get that rainbow??
Manuelito
Attached Image
  • #14,683
  • Oct 15, 2009 12:12pm Oct 15, 2009 12:12pm
Quoting cobraforex
This depends Peter

As I mentioned, the market don't cares if the trix is green or red, it reacts on S&R.

The Trix shows us the actual tendency but can fool us at any moment.

To support a trix pattern we need to have a good additional reason to take a trade like S&R, pivots and/or fibs, preferable 38.2, 50 and 61.8%.

In strong S&R you can forget the 5M rule for a moment and work only with 1M to confirm the trend change/bounce.

Good bets are always divergence but can, depending on the TF be very short lived, take what the market want's to give...
Thanks for your answer
"He who is well prepared has won half the battle"
  • #14,684
  • Edited 1:50pm Oct 15, 2009 1:30pm | Edited 1:50pm
Sure. Wanted to go to bed already and saw your post .... it is now 2.30 am here ... lol ...

Here you go Metaloide. Coral with alert. Have fun ... and trade safely ...

Cheers,
CaveMan

Quoting cobraforex
Yes, that's possible, give me a little time for that, I'm in another project at the moment.

Hi Caveman, see you online, may you take that over please?
Quoting Metaloide
Hello Cobra!

I need an alert when prices cross coral indicator. Can you help me?

thanks!.
Attached File(s)
File Type: ex4 THV4 Coral [email protected]   6 KB | 907 downloads
  • #14,685
  • Oct 15, 2009 2:19pm Oct 15, 2009 2:19pm
* Cobra,

How can I know what are Strong Resistants/Supports, what are weak S/R ?

Thanks

David

Quoting cobraforex
This depends Peter

As I mentioned, the market don't cares if the trix is green or red, it reacts on S&R.

The Trix shows us the actual tendency but can fool us at any moment.

To support a trix pattern we need to have a good additional reason to take a trade like S&R, pivots and/or fibs, preferable 38.2, 50 and 61.8%.

In strong S&R you can forget the 5M rule for a moment and work only with 1M to confirm the trend change/bounce.

Good bets are always divergence but can, depending on the TF be very short lived, take what the market want's to...
  • #14,686
  • Oct 15, 2009 2:29pm Oct 15, 2009 2:29pm
Thanks my friend

Quoting caveman
Sure. Wanted to go to bed already and saw your post .... it is now 2.30 am here ... lol ...

Here you go Metaloide. Coral with alert. Have fun ... and trade safely ...

Cheers,
CaveMan
  • #14,687
  • Oct 15, 2009 2:34pm Oct 15, 2009 2:34pm
Draw a S&R based on a 1M chart, that's maybe a weak.

Draw one on 4H which might had a double or triple top, thats a strong S&R.

All S&R are as good as how many market makers care about. Avoid news events trading S&R as they can get spiked or broken pretty fast.



Quoting davidnzun09
* Cobra,

How can I know what are Strong Resistants/Supports, what are weak S/R ?

Thanks

David
  • #14,688
  • Oct 15, 2009 2:42pm Oct 15, 2009 2:42pm
check that out at babypips.com

Quoting davidnzun09
* Cobra,

How can I know what are Strong Resistants/Supports, what are weak S/R ?

Thanks

David
  • #14,689
  • Oct 15, 2009 3:21pm Oct 15, 2009 3:21pm
Quoting protyne
Hi bcarbon, congratz on your results. 380 pips is awesome! Esp in a session where many couldn't place a finger on which way to trade.

Would you share more of your trades for the session? Full THV rules followed or some deviation along the way?

I entered around 8 trades in the choppy session with -20 pips. Lost in the woods.
I meant to say "A practice account is worthless, however experience is invaluable".


Attached File(s)
File Type: doc statement.doc   25 KB | 709 downloads
  • #14,690
  • Oct 15, 2009 3:40pm Oct 15, 2009 3:40pm
cave check your mails... i have the same problem again.. i sent you an image of mine diary
  • #14,691
  • Oct 15, 2009 7:37pm Oct 15, 2009 7:37pm
Quoting cobraforex
This depends Peter

As I mentioned, the market don't cares if the trix is green or red, it reacts on S&R.

The Trix shows us the actual tendency but can fool us at any moment.

To support a trix pattern we need to have a good additional reason to take a trade like S&R, pivots and/or fibs, preferable 38.2, 50 and 61.8%.

In strong S&R you can forget the 5M rule for a moment and work only with 1M to confirm the trend change/bounce.

Good bets are always divergence but can, depending on the TF be very short lived, take what the market want's to give...
Hi Cobra, for Fibs should it be also drawn on H4 like S&R even if I am working on 5m TF? Also how far back should the Fib stretch back, for 7 days? Is there a rule on this?

Thanks sir!
  • #14,692
  • Oct 15, 2009 8:33pm Oct 15, 2009 8:33pm
Hi guys having a problem downloading the new V4 tpl.

My winrar program keeps saying their is an error. Opens and extracts
other files just fine. But none of the tpl files from the first pg will
extract???

Could someone post the templates in the tpl format ?

Thanks
Master your Mind,,,Master the Market
  • #14,693
  • Edited 9:46pm Oct 15, 2009 9:13pm | Edited 9:46pm
Pattinatore,

As I mentioned before, you need to do the following for me to check any further.

1. Go to the expert settings and save a copy of the settings you use. Send that to me.
2. Go to the folder expertlogs and send me the latest log that includes the trade that you mentioned.

Do these 2 things so that I can analyze the logs. Otherwise I will not be able to check anything at all from just from the chart you sent me.

Cheers,
CaveMan

Quoting pattinatore
cave check your mails... i have the same problem again.. i sent you an image of mine diary
  • #14,694
  • Oct 15, 2009 10:41pm Oct 15, 2009 10:41pm
disregard last message having a senoirs moment ! LOL

Loaded up nicely...LOL
Master your Mind,,,Master the Market
  • #14,695
  • Oct 15, 2009 11:37pm Oct 15, 2009 11:37pm
Hi Traderathome
Installed the new pivots you posted and they look great. They seem to come and go though, am I missing a config setting someplace? The labels stay but the lines dissapear at times.

Thanks
Gene
  • #14,696
  • Oct 16, 2009 2:45am Oct 16, 2009 2:45am
Quoting seller9
Hi Traderathome
Installed the new pivots you posted and they look great. They seem to come and go though, am I missing a config setting someplace? The labels stay but the lines dissapear at times.

Thanks
Gene
I think you may be describing what happens when you STRETCH the screen vertically....to the point that maybe only one horizontal line appears....a situation which causes the vertical separator lines to disappear. They return as you "unstretch" the screen vertically, so that you have at least two horizontal lines showing.

As far as any horizontal lines disappearing, if that is what you mean, I have not experienced that. In the previous version, during the first time frame on any chart immediately upon start of new day, the horizontal pivot lines were not drawn....not until the first time frame was completed. So, you had to wait 5 minutes on a M5 chart before the horizontal pivots appeared. They would be ok from that point on thru the day. This (hopefully) has been fixed. I am unaware of any other condition that might cause pivot lines to "come and go."
  • #14,697
  • Oct 16, 2009 2:56am Oct 16, 2009 2:56am
Quoting abuya
The volume enhance indicator you posted does not show the percentage value and it can not be opened on a separate window, am i doing something wrong? Mine attaches its self to the main chart and no value, please clarify. Thanks for the great help the THV Team is rendering, you have helped alot of newbies like me goodluck and GOD bless you all.
Click on the chart to get the indicator's external input window. Scroll down and you will see places to input what chart window (0=main, 1=subwindow 1, etc) the text is to go to. There are inputs for the corner of the window, vertical and horizontal adjustments etc. I think the default was set for window 1, corner 3....not really sure. When you first drop and drag the indicator from the MT4 list over to the chart, it opens a subwindow. Whatever that subwindow is (1, 2, 3, etc) then THAT is the subwindow number to assign to the text. I hope this helps.
  • #14,698
  • Oct 16, 2009 3:07am Oct 16, 2009 3:07am
EJ Weekly: Could this be getting ready (one last pump in process?) for a down turn? I mean, LOOK at the volume! It is like the longer the price stays in the area of the highs, the less it it getting traded. And look at Trix......

PA may be ranging, but volume and trix are weakening.
Attached Image (click to enlarge)
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  • #14,699
  • Oct 16, 2009 3:15am Oct 16, 2009 3:15am
hi guys,

I was looking this cobra strategy and in my opinion it is a realy good support for trading, scalping is my way and it works fine with the snake

bye bye guys and remember... 20% is technique 80% is psychology
  • #14,700
  • Edited 4:55am Oct 16, 2009 3:34am | Edited 4:55am
EU M15: I've been watching this for a while, as it has bounced along the bottom TL. Even though Coral turned red and PA dropped below central pivot, there is this TL to deal with, so I have withheld from entry.

The volume increase could be traders staging for move down. Even though trix is pointing up, it remains, so far, below the basis line.

PA is running between FPV and bottom TL, for now. Traders could take it higher, especially if this is to drop substantially later today. The US open traders could do that if it has not been done for them by that time.

I don't hold much stock with a 'long' trade right now. So, I wait to see more volume, a break of the lower TL, and confirmation from Trix.....

Edit: PA breached TL with trix starting to roll over and still below basis line....made entry. Would liked more volume as confirmation. This could come and bite me.

Edit: With volume still waning, even as price is moved up, I decided to add to short trade just below central pivot (second chart update)
Attached Image(s) (click to enlarge)
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