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THV system, final edition

  • #15,541
  • Nov 17, 2009 9:42am Nov 17, 2009 9:42am
Another win trade by THV system.

Do let me know if my entry pt is incorrect. Thanks.
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  • #15,542
  • Nov 17, 2009 9:47am Nov 17, 2009 9:47am
Quoting chamane
Attachment

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...
Here is what I was talking about in my previous message. In the left frame, all conditions are met, Coral being crossed after cloud and Trix. Momentum in that case seems to be exhausted and price reversed shortly after Coral cross. If we check the same position in the 15 min chart (right frame), all criteria are met except Coral wich shows down trend. So it is important to check both timeframes and make sure all conditions are met in both.
http://i37.tinypic.com/2ebfzu0.gif
  • #15,543
  • Nov 17, 2009 9:50am Nov 17, 2009 9:50am
Quoting chamane
Here is what I was talking about in my previous message. In the left frame, all conditions are met, Coral being crossed after cloud and Trix. Momentum in that case seems to be exhausted and price reversed shortly after Coral cross. If we check the same position in the 15 min chart (right frame), all criteria are met except Coral wich shows down trend. So it is important to check both timeframes and make sure all conditions are met in both.
http://i37.tinypic.com/2ebfzu0.gif
This is the problem of multiple time frame used. For scalping, we should prefer to look at M1 and M5 chart only.
  • #15,544
  • Nov 17, 2009 9:53am Nov 17, 2009 9:53am
Quoting dwhiteviper
Another win trade by THV system.

Do let me know if my entry pt is incorrect. Thanks.
Perfect. Great job, you're picking it up well. I was just about to post this trade because I also entered it for a quick 10 pips gain. +10 pips for the day now so far for the both of us with this same trade setup. ^^ If you got more pips out of this trade, then even better for you.
  • #15,545
  • Nov 17, 2009 9:56am Nov 17, 2009 9:56am
To StevoFC:

If you want communication by PM you need to activate that.

Your request:

For trix window color change: I will take that in consideration for an update.

To FPV = Fibonacci Pivot

Regarding the Stratman mini chart changes you need to contact him, he has a coding service.
  • #15,546
  • Nov 17, 2009 10:04am Nov 17, 2009 10:04am
Not at this point.

Look, this is one of the largest system threads in FF (if not the largest) and all what was done till now was free. If I or any of the Team members would dedicate his/herself going deeper in in THV education it would take time from his trading or private life and would need to be honored.

I want to keep THV free as it was always so please take your time and read through the lines, everything needed for THV trading is explained here.



Quoting zoofxtrade
Hi,

I spent some time to learn how THV works but without result.
I am a little bit confused about version 3 and 4.

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.
  • #15,547
  • Nov 17, 2009 10:08am Nov 17, 2009 10:08am
Quoting dwhiteviper
This is the problem of multiple time frame used. For scalping, we should prefer to look at M1 and M5 chart only.
Dwhiteviper good trade what are your settings for your CCI indicater which is at the bottom ?
  • #15,548
  • Nov 17, 2009 10:09am Nov 17, 2009 10:09am
Thanks for the update T@H and MissPips

Quoting traderathome
Volumes Enhanced_v2 adds alert features to the real-time volume/percent of average display, coded by MissPips.

  • #15,549
  • Nov 17, 2009 10:25am Nov 17, 2009 10:25am
For longer term traders and scalpers:

We are closed to break this ascending triangle but looks like the break will be to the south after a double top. If that occours we might see a retrace on daily base. RSI is falling on this TF.

It's much to early to take a trade based on this (it could get rejected from the TL) but just keep it in mind.
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  • #15,550
  • Nov 17, 2009 10:51am Nov 17, 2009 10:51am
Quoting cobraforex
For longer term traders and scalpers:

We are closed to break this ascending triangle but looks like the break will be to the south after a double top. If that occours we might see a retrace on daily base. RSI is falling on this TF.

It's much to early to take a trade based on this (it could get rejected from the TL) but just keep it in mind.
There she goes a bit. ^^"
  • #15,551
  • Nov 17, 2009 11:38am Nov 17, 2009 11:38am
You need to enable PM for me to be able to PM you.
I don't advise posting an email address in the thread

Quoting boder owl
Miss pips can you PM or email me please..

Sorry for going off topic guys.
  • #15,552
  • Nov 17, 2009 11:43am Nov 17, 2009 11:43am
It's TraderatHomes baby! I just helped with a teeny improvement a few versions ago.

Quoting cobraforex
Thanks for the update T@H and MissPips
  • #15,553
  • Nov 17, 2009 12:04pm Nov 17, 2009 12:04pm
Not much good solid movement today...
  • #15,554
  • Nov 17, 2009 12:18pm Nov 17, 2009 12:18pm
Quoting cobraforex
For longer term traders and scalpers:

We are closed to break this ascending triangle but looks like the break will be to the south after a double top. If that occours we might see a retrace on daily base. RSI is falling on this TF.

It's much to early to take a trade based on this (it could get rejected from the TL) but just keep it in mind.

Told you I doubted the 1.53 high...

but anything can happen.
--- Gone --- RIP 11/27/09
  • #15,555
  • Nov 17, 2009 1:17pm Nov 17, 2009 1:17pm
I'm getting swamped with requests to program things for people

I wish I had unlimited time to help everyone that asks but reality is that I have to concentrate some of my attention to making an income. Presently I don't earn my income from trading, but from programming things unrelated to forex.

While I learn to trade, it makes sense for me to support myself by programming for traders. Don't get me wrong here please ... this is not an advertisement but a statement about my current situation.

The forex community (you) will benefit from this as my programming advice and free indicators will improve as I become more articulate with MT4/5.

So ... if you PM me for help on a programming problem you're having, I will help you free of charge ... but if you ask me to program something for you, I will recommend you consider my pay service.

cheers, stratman
  • #15,556
  • Nov 17, 2009 4:59pm Nov 17, 2009 4:59pm
Don't forget that PA made 2600 pips on one 4H TL without retrace.

It needs a small breath to come back with new force.

Quoting IrishPips
Told you I doubted the 1.53 high...

but anything can happen.
  • #15,557
  • Nov 17, 2009 5:04pm Nov 17, 2009 5:04pm
Totally understandable Stratman, those project programmings take many hours of efforts.

Quoting stratman

So ... if you PM me for help on a programming problem you're having, I will help you free of charge ... but if you ask me to program something for you, I will recommend you consider my pay service.

cheers, stratman
  • #15,558
  • Nov 17, 2009 5:12pm Nov 17, 2009 5:12pm
Quoting speculare
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

Nice trade.

Speculare from forumsons?
  • #15,559
  • Nov 17, 2009 5:58pm Nov 17, 2009 5:58pm
Had my first losing trade (8 pips) on Monday after a run of 5 days without a loss. Made +35 pips in the Tuesday session.

I'm in a GU trade right now based on the M5 rules being met (entry on M1 rules) and break of trendline on my M15 Analysis. The break occurred just above a big round number 1.68000

I got to 13 pips profit but decided to leave the trade in as I see plenty of potential for more ... not quite scalping but still following thv rules.

EDIT: Entered at 1.6814 (short yellow horizontal line)

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  • #15,560
  • Nov 17, 2009 6:05pm Nov 17, 2009 6:05pm
Quoting dwhiteviper
This is the problem of multiple time frame used. For scalping, we should prefer to look at M1 and M5 chart only.
dwhiteviper or friends of the forum

I wonder where the yellow used by the fellow in the figure of post # 15543 along with the cloud.

Thank you.
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