THV system, final edition

The latest version of THV3 Trix for MTFHisto that I posted is the Trix V6.1 with all the defaults turned off and renamed to THV3 Trix for MTFHisto.
That means that the trix curves produced by this trix should match the ones of the trix in V 4, without activating all the bells and whistles of that trix.

The reason for this is twofold:
1) since the trix histo has to call the trix many times we don't want all these options turned and overriding whatever you set in the main trix you use and


2) Since the name of the trix that is called by the histo is hardcoded, I gave it one standard name so that the code wont need to be changed everytime a new trix is released, and also so that if you prefer a different version of the trix (say an older one) you can just use one from the previous releases.


But anyway trix 6.1 (all false) is in the attachments dated Nov 21st.

What will be your take profit? Most places I read says a good MM plan should not risk more than 2-3% of your equity. Based on this, if you were risking 3% of your account equity it will work out to about 1 standard lot, 2% works out to about 0.7 lots. But you also need to look at you risk to reward ratio...are you risking 30 pips to get 10? In that case that's not a very good RR ratio. Additionally, a SL of 30 pips on M5 TF is a bit much IMHO.

I cant download V4 version. Is there any problem or just i have it ?

Thank you and I appreciate your fast response and programming skills.

Regards,
Cigarguy

Nobody who has bothered to read the thread doubts your honesty - IMHO.

Best of luck with finding consistency (which probably is the 'Holy Grail').

In that case you can trade a standart lot per 10K and still have a good MM.

2% risk per trade would be about 0.7 Standart lot = 7$/pip

Take care that you don't exceed the mentioned SL.

Before you trade an equity of that ammount make sure that you gained constantly for at least 6 month.

To learn and practice it's much better to start with a 100$ account.

Hi everyone.

First time poster on this thread. Now, don't get mad, but I really need to ask this question. Since this system was evolving there are probably posts that are now obsolete, right?

What would be your recommendation, where to start to get the most of it and not need to read all 15k posts?

If I start reading from number one (yes I know, that would probably be the best), I will have to worry about divorce instead of trading lol

Have a great day everyone and thanks for sharing

I'm up to May 2009 now. Believe me, it takes time to read ALL of the messages from this thread, but it is well worth it. There is knowledge to be gained from reading the history of the THV evolution.


Cheers

I have a question for the coders of THV4. I have three charts opened on EUR/USD the minicharts I have M15, H1, H4 but on the others two charts (GBP/USD, USD/JPY) I have only M15, H1. Can someone tell me how to show H4 on those minicharts (right side of screen). The template for all charts is 1 THV4 mtf and the time frame is 5 minutes.

thanks

Thank you for your reply and for the great job that you do with THV team.
I am also testing and try to find a good setup for the THV EA v.1

D.

Thru study from page 1 till last, I remember Mr.Cobra told Mr. Strat, that:
1) "enter long upon seeing all green in 5 min and 1 min"

and also Miss Pips mentioned that,

2)"long, upon seeing 6 green lights out of 10 histogram and the 1st and 2nd row must be green also,
(in addition to THV rules:LONG when above coral,ichimoku and TRIX cross from zero)

Which one I should pay attention to? The 4 lights or histo or both

I've finished reading them on Friday and it is an eye opener system here.Mr.Cobra has changed 'his' skin four times since the first version but the rules and principles are the same. The skin is getting more and more beautiful with its simplelistic principle but one has to practice and practice and practice to get it right. Mr. Stratman is one of the soon to be Forex trader as per criteria set by Cobra. I've seen his post a few months ago in this thread.
I better catch up fast! No, should be very fast

Some items that I've found that will help you. When you have MetaTrader (MT4) fully loaded, open "Terminal", then chose "Experts". It will tell you if all indicators have loaded properly. When MT4 can't find an indicator that it needs, it keeps trying over and over. This will tell you what's wrong. If you don't have errors, your CPU load drops considerably. You should make sure you have enough hard drive space to handle any needed buffers too. For example, if you are getting down to 5 GB or less, this will cause majors slowdowns.
Hope this will be helpful.
Kevin

As many of you mentioned correctly, going to "Tools", "Options", then reducing max bars in chart and history can dramatically speed up loading MT4 as well as your CPU. I recommend 1000 for each setting. This will allow you to have many pairs open at the same time, if desired. You'll need to restart MT4 after making any changes for it to take effect. Another important item, when adding indy's that have an individual "bars" setting, is to keep them down to around 500. I believe that most, if not all of THV's are already this, but it doesn't hurt to confirm. You must have a fast reacting computer, because any delays can cause you to enter a trade late, which usually costs you pips.

If you wish to back test, temporarily turn up your max bars while you need to. Just remember to turn it back down when you're finished.
My small group has been studying THV for a few months now, and love it.
Thanks for everyone's contribution.
Kevin

Released herewith is the pair of time zone shift pivot indicators: TzPivotsMW_v3 and TzPivotsD_v3.

TzPivotsMW_v3:
New DST code from CaveMan automates the turning On/Off of DST so there is no need to adjust
your time zone shift settings twice a year. It provides for customizing your own DST
setting should you/your broker be in a time zone not covered by the DST code as it is.
New code from Domas4 lets you enter a time frame, above which the indicator will not display.
This lets you switch to large TF charts to make assesments without having to turn the indy
off to remove a congestion of pivot lines. The external inputs section is reworked. Most
notably a "Pivot Line Star/Stopt Settings" section is added along with new code that allows
lines to be started at the Day Separator. This establishes greater compatibility with the
"PivotsD" indy. In addition, labels for Monthly and Weekly pivots now have separate shift
inputs. If a Monthly line is so close to a Weekly line that their labels interfere, you can
use different shift numbers to display the Monthy and Weekly labels. Code for MaxRight label
settings is removed because the current labels shift code accomplishes the same within a few
character spaces.

TzPivotsD_v3:
This is a Benchmark advancement of the indicator, made possible by "Caveman", who generously
devoted his time and programming skills to extensively recode the time zone shift section,
and to add DST code which automates the turning On/Off of DST. With the new time zone shift
code it is anticipated the indicator can handle any situation where there are gaps between
trading days, where there are partial trading days, or both. And with the new DST code there
is no need to adjust your time zone shift settings twice a year. Also, it provides for
customizing your own DST setting in case you/your broker are in a time zone not covered by the
DST code as it is. Other changes and improvements are as follows. The external inputs window
is reworked for greater clarity and consistency of terminology. The yHL option StartLine =2
can be used even though all other pivots are using StartLine =3. The yHL labels can be aligned
with the rest of the pivot labels on the right side of the Today Separator. From that setting
they can be shifted to the left side of the Today Separator. Label placement for full screen
lines is now expressed as "0" to "100" percent of the distance from right to left, requiring
only the number be entered. Data Comments now include user input of the number of days to be
used incomputing the average range. New code from Domas4 lets you enter a time frame, above
which the indicator will automatically not display. With this feature, the bid line Price
Label is removed and a separate indicator is provided to display price and time remaining on
the candle. It is called the Bid Line Price & Timer Indicator. Using a separate indicator for
price and time keeps that information visible when TzPivotsD is set to not display. MaxRight
settings are removed. When lines are full screeen, and if the option has been selected to show
the right margin price labels, you can also "Preeminate_MarginLabels_Lines". This will bring
both the lines and the margin price labels to the foreground. This does not affect the pivot
line labels subordination setting. Separator label coding is modified to place labels a little
closer to upper/lower chart borders; helpful when using larger fonts.

Bid Line Price & Timer Indicator:

This indicator places 3 labels in the vacinity of the bid line:
a horizontal LineLabel representing the bid level, a PriceLabel based
on the bid price and a TimerLabel showing the remaining time to go for
the current candle.
All labels can be shifted to the right of the current candle
until context begins to disappear. They can be shifted above or below
the actual bid line. The LineLabel can be made thicker by increasing
the font size, and it can be made shorter or longer. The text of the
PriceLabel and TimerLabel can be of the font style and size of your
choosing. And color selection is available for each label. The
PriceLabel offers 3 colors for: when price has not changed, has just
increased, or has just decreased.

If the chart scale is not fixed 1 to 1, and you open the MT4
Terminal window below the chart, the labels will shift down slightly.
Their position becomes lower than intended by the settings. In most
cases this shift down will be minor and compensated for in advance by
the settings you select.

This indicator can be used for both forex and non-forex items,
such as stocks and gold. Credit goes to Domas4 for coding this into
the price label.


Prime Levels Indicator:

This indicator will place up to 6 lines, at prime levels of your choosing, in a
successive pattern on the chart. You can have the pattern repeated as many times as
you like. For example, you might select lines to be placed at the whole number, plus
20 pips, plus 33 pips, plus 50 pips, plus 66 pips, plus 80 pips and then the next
whole number again. This range of lines can then be repeated both above and below
this initial range. You can have as many levels of ranges above and below the initial
range as you like. Or, you can select zero additional ranges and the initial range
will automatically fill below or above the next whole number as the price moves there.
The lines can individually be of any color and style, and of any thickness when
using solid lines. You can turn on/off each line individually. When lines are full
screen wide, you can turn on/off the right margin price labels. You can select to
have the lines stop at the current candle. Lines can be subordinated. To specify a
level for a line just enter the last two digits of the price level.
The labels for the lines can be of any color, font size and font style. You can
give the labels a name of your choice (example: Psych Level) and include the price.
Labels can be positioned from right of the current candle (0), to far left (100), and
they can be subordinated. Zooming in and out on the chart will displace the labels,
but with the next data tic, their selected position is restored.
The indicator has an ON/OFF switch so you can turn the indicator off when the
display of the prime levels is not desired, yet preserve your settings for the chart.
You can also enter a time frame, above which the indicator will automatically not
display. This enables switching to larger time frames for analysis, and having a
chart clear of this indicator's display.
---------------------------------------------------------------------------------------
ACKNOWLEDGEMENTS:

Doblece:
For the code enabling the indicator to work with platforms with unconventional
Point digits number (0.00001 and 0.001). Also for adding two more customizable
line levels which default to 66 and 33, as these are places where price usually
stops and bounces.

Domas4:
For the code enabling the indicator to be set to automatically not display above
any time frame, as set by the user.

Shimodax:
For the idea and some core code to get started with (ref: SweetSpots.mq4).

CAVEMAN, TRADERHOME, and all the crew who work so hard to make those indies for people like me and others who have no programming skills.... THANK YOU VERY MUCH....
Cheers
Jean

Congrats Traderathome and Caveman

This is the most advanced pivot indicator available in the net for free.

Hi there, I am new to the THV System,can you or some one tell me which are the correct downloads for THV systems, i have been browising thru all the threads of this forum, and downloaded the THV systems to my IBfx metatrader platform, but i noticed that inside my metatrader navigational panel indicator folder there are folders that says Thv coral and thv coral thick, Thv coral and also thv4 coral T@H,thv3 FFCal and thv3 FFcal2.
I want to know if i am duplicating and downloading various versions of the THV system, i.e earlier version as well as the latest versions?

Thank you all for the great indicators and hours dedicated towards this great addition to the THV system.

One question for anyone and this issue was apparent prior to the release of the new indicators. (nothing relative to the above new releases)

I have vertical lines showing on my THV v4 charts running through the entire chart and am only using the standard THV indicators. Thses lines appear on any time frame. Of course, they are not apparent when I use a black background but are a nuisance when the chart changes color.

Has anyone else experienced this or any suggestions would be appreciated. Probably just some feature of a indicator that I did not set properly.

Thank you and Regards,
Cigarguy