THV system, final edition

Quoting fibozone

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No idea what wrong I am doing(nothing infect).
NOw question is how to install this v.4?Thanks in advance.

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Quoting alexdc

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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?

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Quoting castlebrook

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1. Heads up 15 min cloud histo turns green on 5 min chart just after 6.55am. 5 min fast trix also green.
2. Price is bouncing off R1 and BN at 0.9120. Negative: Price below 5 min Coral.
3. Switch to 1 min chart and stalk price. At 7.05 price pushes through both 1 min and 5 min Corals. Top 2 cloud histos are green. Both 1 min and 5 min trixes are green. A quick look at the 5 min chart shows both top 2 cloud histos now green. All good signs.
4. Go long at 0.9126. Alt go long at 0.9134 after retest of MR1 (more conservative). Target R2 at 0.9144 or...

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Quoting castlebrook

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I'm sure MissPips will do us an alert for this when she has time to enable everyone to test and trade more efficiently.

Good luck.

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Quoting cobraforex

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This can be done easily by an additional indicator which gives the alarm.

What exactly would be your parameters for it?

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Quoting castlebrook

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We simply need to know when the top cloud histo, that is the 15 min cloud histo on the 5 min chart changes colour. This is the "heads up", the call to action.

Thanks

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Quoting castlebrook

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We simply need to know when the top cloud histo, that is the 15 min cloud histo on the 5 min chart changes colour. This is the "heads up", the call to action.

Thanks

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Quoting cobraforex

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This can be done but any coding should have a good reason, can you show examples of the advantage of that value, please?

I would be more interested in the distance between both trix.

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Quoting Retek

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Yes Cobra, that would have been my other point but I forgot to mention that one. So the point behind my theory is that 'turnaround' points would much easier to identify. All in all, there's no big difference between the sum and the difference of the Trix lines, only that in the case if both lines begin to go upwards, you get a bigger deviation from zero. When the fast Trix is about to climb while the slow one is still sloping downwards, you'll get a zero. I think this way it's a bit easier to see the action.

I've also made a short computation (60...

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Quoting castlebrook

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Hi Folks,
I've been a member of this thread since December last year. That is almost a year. I've not contributed much but taken away a lot about the THV system.

It is my turn to give something back.

I have attached my trading plan for the THV aspect of my trading. I have 3 plans with similar outline but this one is for the THV method or at least my interpretation of it.

I hope you find time to read it at least once and try out the way I trade THV. You can then adapt it to your own trading style and timeframes.

Successful trading takes screen...

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//---- Setup Main Loop
   int i;
   int counted_bars=IndicatorCounted();
 
//---- check for possible errors
   if(counted_bars<0) return(-1);
 
//---- last counted bar will be recounted
   if(counted_bars>0) counted_bars--;
   int limit=Bars-counted_bars-1;
 
//---- main loop
   for(i=0; i<limit; i++){ 
 
//---- Start THV4 Trix called.ex4
      double TrixRed = iCustom(NULL, 0, "THV4 Trix called", 2, i-1);
      double TrixLime = iCustom(NULL, 0, "THV4 Trix called", 3, i-1);
      if (TrixRed>TrixLime) double TrixColor = 0; else TrixColor = 1;
//---- Done THV4 Trix called.ex4
 
      if (Close[i-1] >= Open[i-1]) double OCTrend=1; else OCTrend=0;
 
//---- Arrow Signals
      if (OCTrend==0 && TrixColor==1) {UpperArrow[i] = Low[i]-10*Point;}
      else {UpperArrow[i] = EMPTY_VALUE;}
 
      if (OCTrend==1 && TrixColor==0) {DownArrow[i] = High[i]+10*Point;}
      else {DownArrow[i] = EMPTY_VALUE;}
//---- End Arrow Signals
    }

Quoting fibozone

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No idea what wrong I am doing(nothing infect).
NOw question is how to install this v.4?Thanks in advance.

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Quoting cobraforex

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This calculates FastTRIX - SlowTRIX but I leave it open in mq4 and you can change what you want.

It's tested in the simulator for some minutes.

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