THV system, final edition | Page 777 | 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

  • #15,521
  • Nov 16, 2009 6:00pm Nov 16, 2009 6:00pm
m5 slow and m5 fast.

which is the 'heads up' when it changes color ?

ive read some guide and they used the thv3 indicator which is just m1 and m5 but im using the thv4 indicator and theres this m5 fast and m5 slow

if any1 could clarify this for me ?
  • #15,522
  • Nov 16, 2009 10:00pm Nov 16, 2009 10:00pm
Is there a way to get an alert when the thv trix, current tf
slow trix line crosses 0? Up and down cross alert just for the
"heavy" slow trix line?

Thanks

Brian

Apologies up front if this has been covered 100 times, I have read
thru many posts starting at the beginning, but obviously not
every single one. Help appreciated.
  • #15,523
  • Nov 16, 2009 11:32pm Nov 16, 2009 11:32pm
Hi,

Is there an order to respect in the criteria to be met in this system, like first coral cross, then Cloud cross, and finally trix lines cross? Or could it be any of these in sequence as long as they occur in the same direction? I am using THV v3.

Thanks
  • #15,524
  • Nov 16, 2009 11:42pm Nov 16, 2009 11:42pm
Quoting chamane
Hi,

Is there an order to respect in the criteria to be met in this system, like first coral cross, then Cloud cross, and finally trix lines cross? Or could it be any of these in sequence as long as they occur in the same direction? I am using THV v3.

Thanks
For me, all conditions must be met before I enter the trade. If not met, just give it a miss and wait for the next cycle.
  • #15,525
  • Nov 16, 2009 11:53pm Nov 16, 2009 11:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: Clipboard01.gif Size: 114 KB
Quoting dwhiteviper
For me, all conditions must be met before I enter the trade. If not met, just give it a miss and wait for the next cycle.
Thanks for answering. I am also trying to meet all conditions, but I get the feeling that the probabilities are better if coral is met first and then the other conditions. In the picture, the first two arrows show what I mean as price is already on the right side of Coral for short moves when retracements are ending and price starts to go down. At the third arrow, down movement has already been initiated (cloud and Trix crosses) before the crossing of Coral. Can we say that in that case there is less momentum to continue short?

Hope I write this clear enough.

Thanks.
  • #15,526
  • Nov 17, 2009 12:53am Nov 17, 2009 12:53am
So I think I didn't understand your question. I thought you meant that
when price is above the cloud the histo is showing red (below the cloud.)

If it was just a problem with the labels try v3.1.3 which I posted a day or two ago.

Quoting pitpiter
Thansk so much for quick reply .


If You mean here second pic , it correct . I post this pic just to show , is not marked number for short timeframe after I change setting tf1 Position and tf2 Position

And here I think You talking about MA Periods , it 2,3,5 on my chart
Good luck.
Peter
  • #15,527
  • Nov 17, 2009 1:02am Nov 17, 2009 1:02am
Hi,

I spent some time to learn how THV works but without result.
I am a little bit confused about version 3 and 4.
Also about the basic rules for entry and exit I am not sure what is the meaning of
"
Entry: Above Coral only long, below Coral only short
Price crosses cloud - both Trix cross each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix on the zero level.

Exit:Faster Trix changes color and/or touch of a known good resistance/support level.
"

Is there any more help than the basic manual or an avi/mpeg training video or a backtest system that also includes some test trades for education reasons?

Thank you for your help
D.E.
  • #15,528
  • Edited 2:14am Nov 17, 2009 2:01am | Edited 2:14am
Quoting MissPips
So I think I didn't understand your question. I thought you meant that
when price is above the cloud the histo is showing red (below the cloud.)

If it was just a problem with the labels try v3.1.3 which I posted a day or two ago.
With my old setting , like You can see on first pic below , I have had picture with bad value for cloud , value for 15 minTF was marked 5min and viceversa and I am changed setting tf1 position and tf2 position . After this change I do not have marked for one value like You can see on second pic . My question was can I do something to fix it , but it nothing , I can work with that.
One more time thanks.
Peter
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 271 KB
Click to Enlarge Name: 11.jpg Size: 268 KB
  • #15,529
  • Nov 17, 2009 3:34am Nov 17, 2009 3:34am
Try version 3.1.3 posted a few days ago

Quoting pitpiter
With my old setting , like You can see on first pic below , I have had picture with bad value for cloud , value for 15 minTF was marked 5min and viceversa and I am changed setting tf1 position and tf2 position . After this change I do not have marked for one value like You can see on second pic . My question was can I do something to fix it , but it nothing , I can work with that.
One more time thanks.
Peter
  • #15,530
  • Nov 17, 2009 3:37am Nov 17, 2009 3:37am
Quoting MissPips
Try version 3.1.3 posted a few days ago
hello
i can't dl THV v4.here show php file
plz reupload
thx help
  • #15,531
  • Nov 17, 2009 3:47am Nov 17, 2009 3:47am
Quoting pitpiter
With my old setting , like You can see on first pic below , I have had picture with bad value for cloud , value for 15 minTF was marked 5min and viceversa and I am changed setting tf1 position and tf2 position . After this change I do not have marked for one value like You can see on second pic . My question was can I do something to fix it , but it nothing , I can work with that.
One more time thanks.
Peter
Try version 3.1.3 as Miss Pips suggested. That should clear it up.
  • #15,532
  • Edited 5:52am Nov 17, 2009 4:05am | Edited 5:52am
Volumes Enhanced_v2 adds alert features to the real-time volume/percent of average display, coded by MissPips.

You can on any timeframe chart, select an amount of volume you want to be alerted of. This amount will automatically be translated to the proper larger or smaller amounts as you change the chart time frame. A line at your alert volume level appears in the volume histogram display, and a new added label shows the alert volume amount. This label is “grayed out” until the volume reaches the alert level, at which time the label is displayed in a bright color. If you have selected one of the audible alerts, an asterisk appears in the label denoting the fact.

You can select to use the MT4 Alert…..a bell rings and a message window pops up showing you the pair and chart time frame for which the alert has just gone off.

However, Domas4 has coded a female voice that says, “Volume alert.” It can be selected when you want an audible alert without a pop-up message!

MissPips and Domas4 have made great contributions to this indicator, which had humble origins and was based upon the core code of “NVO.mq4” by Vadim Shumiloff.

This indicator is not an integral part of THV. However, with Cobra’s previous invitation to post Volumes Enhanced, the upgrade to the indicator is attached hereto.

One final note regarding “volume”, it is really the volume of trades, not the amount of money involved in the trades. So, a trade of one mini-lot gets added in, with equal weight to other trades, some of which may involve many lots. It is therefore, not as revealing as with volume recorded in the stock market, where the amount of money involved is identifiable. Nevertheless, sudden spikes in volume of trades can be a valid signal, possibly of an impending run, especially when price action is such that in and of itself a run might well be anticipated.

Edit: Added second chart to demonstrate the point made above. This is an example of volume rising as price heads upwards to a double top....more trades as price goes higher....traders jumping on the "SHORT TRAIN". Look what subsequently happened to the price. Volume can be a clue in an overall pricture.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 027 .gif Size: 40 KB
Click to Enlarge Name: # 030 .gif Size: 42 KB
Attached File(s)
File Type: mq4 Volumes Enhanced _v2.mq4   25 KB | 932 downloads
  • #15,533
  • Nov 17, 2009 4:08am Nov 17, 2009 4:08am
hello everyone,

one question please,

what is your weekly pivot - my @ 1.4923 - EU


maybe one thought for new THV traders:
THV is excellent, you just have to get a feeling, it took me 10 months....... so, never stop......


thanks and good trading for all

pipgame
  • #15,534
  • Nov 17, 2009 5:29am Nov 17, 2009 5:29am
Miss Pips and Castelbrook thanks a lot , I will try it.
Good luck
Peter
  • #15,535
  • Nov 17, 2009 5:55am Nov 17, 2009 5:55am
Hi all,

I was wondering if someone could tell me what i'm doing wrong.
I downloaded the V4 and I have tried to install it. After I unzip it and put all the templates into the template folder for metatrader, I open a template for v4. First of all there are many templates for v4 and I'm not sure which one to pick, secondly on the main screen above the trix it just shows "before you start: make sure...." I can't get rid of that, can anyone help me with that.

Thank You
  • #15,536
  • Nov 17, 2009 6:04am Nov 17, 2009 6:04am
The instructions for removing the welcome/warning screen are printed for you right on the screen. Right click on the trix and go to properties then scroll down until you see intro at the bottom and change it from true to false.
It would be good if you could learn to understand the platform before jumping into trading or even demo trading as these are quite basic things.
Search first is always the best thing.
Happy trading.
Patience and fortitude conquer all things. Ralph Waldo Emerson
  • #15,537
  • Nov 17, 2009 6:27am Nov 17, 2009 6:27am
UJ: Currently trading....
Attached Image (click to enlarge)
Click to Enlarge Name: # 034 .gif Size: 43 KB
  • #15,538
  • Nov 17, 2009 7:50am Nov 17, 2009 7:50am
short at 1.4887
time frame 5 min

bellow coral
bellow cloud
trix crossed
trix not oversold

all 4 red lights on 1 min with both trix red and crossed

big support and TP was daily s2 at 1.4875

good for 10 pips above s2 --> went for 20pips more with low at 1.4852
immediate supports were MS3 was at 1.4848
H4 TL 1.4825
WPV 1.4801

EXITED at
1/2 position at + 10 pips 1.4877 + 1/2 at +20 pips 1.4867

rgds
L.
Attached Image (click to enlarge)
Click to Enlarge Name: trade short 14887.jpg Size: 171 KB
  • #15,539
  • Nov 17, 2009 9:21am Nov 17, 2009 9:21am
Miss pips can you PM or email me please..

Sorry for going off topic guys.
  • #15,540
  • Nov 17, 2009 9:29am Nov 17, 2009 9:29am
short at 1.4881
time frame 5 min

bellow coral
bellow cloud
trix crossed with same color - had to wait for the bar to close, as at 1.4882 slow trix was still green, at 1.4881 it turned into red
trix not oversold

same supports in place as in previous trade

ddn't take it as it was only 2 or 3 minutes before news.

was good for 10 to 15 pips - low of the move was 1.4860
2 traders viewing now