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THV system, final edition

  • #16,561
  • Jan 4, 2010 4:59am Jan 4, 2010 4:59am
Hello Guys,

Today my TzPivots indicator is not working properly, anyone know what might be happening?

Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: tzpivot.jpg Size: 238 KB
I am Brazilian and I never give up!
  • #16,562
  • Jan 4, 2010 5:02am Jan 4, 2010 5:02am
Quoting windelevel
Hello Guys,

Today my TzPivots indicator is not working properly, anyone know what might be happening?

Thanks

Attachment
Same problem frnd
  • #16,563
  • Jan 4, 2010 5:53am Jan 4, 2010 5:53am
Quoting windelevel
Hello Guys,

Today my TzPivots indicator is not working properly, anyone know what might be happening?

Thanks

Attachment
We all waiting Traderathome to post solution......

I am using pivot indicator posted below, it has only standard pivots..... for emergency situations is ok for me.........


be good
Attached File(s)
File Type: ex4 ###Auto Pivot2.ex4   16 KB | 598 downloads
  • #16,564
  • Jan 4, 2010 6:25am Jan 4, 2010 6:25am
Quoting qwerty22
Also do we need to pay attention to the coral if we are trading on the 15 min time frame. I am using the 15min and then the 5 min to enter. OR do we completely disregard the coral if we do the 1 hour or higher for the trend and 15 min for entry. I am unsure when to use the coral if using tim frames greater than 5min. This has been bugging me for quite some time and i cannot figure it out.

Thanks guys!!!
No one knows for certain, since that's not part of the manual in how we trade the THV officially. So there's only one way to find out if it works or not, and that is to do what the rest of us are doing when we're thinking about using the THV differently than how it was intended in the manual, and that is to test trade it for awhile with your personal way, record the results, adjust rules if needed, test it out again after making any changes, then let us know how it performs if you like by posting the results here. =)
  • #16,565
  • Jan 4, 2010 7:20am Jan 4, 2010 7:20am
For everyone who has trouble with TZ pivots,try this.
Attached File(s)
File Type: mq4 PivotsDWM_V6.mq4   12 KB | 684 downloads
  • #16,566
  • Jan 4, 2010 8:04am Jan 4, 2010 8:04am
Hi everyone,

The problem with the pivot indicator is due to last friday bank holiday, we had the same thing after christmas.
The indicator is unable to calculate pivot levels from the previous session. For the moment, all we can do is to wait tomorrow new levels calculated from today's session at midnight.

Hope this helps.

Cheers
  • #16,567
  • Jan 4, 2010 9:34am Jan 4, 2010 9:34am
Hi Nobitacu,
Does your profit target include spread or it is spread + 10 that you target for?

Thanks.
  • #16,568
  • Jan 4, 2010 10:45am Jan 4, 2010 10:45am
Hi mates!

I thing it's beter if you get of the trade asap the fast trix change the color, you can acheive more pips, and allso you can put your sl the same way. And also try fib levels, for example: if you hit secont fib level put your sl in the first level and wate for 3rt level to hit.
passion and discipline
  • #16,569
  • Jan 4, 2010 10:50am Jan 4, 2010 10:50am
I like to get +10 after the spread. So you must make the spread back plus an addition 10 pips in this case.


Quoting yesbee1
Hi Nobitacu,
Does your profit target include spread or it is spread + 10 that you target for?

Thanks.
Without vision, the people will perish.
  • #16,570
  • Jan 4, 2010 12:00pm Jan 4, 2010 12:00pm
Hello I was wondering is there a magic number to run more that one EA
Thanks for the system I will try it out using cavemanager1.3
  • #16,571
  • Jan 4, 2010 12:29pm Jan 4, 2010 12:29pm
Hi I downloaded the thv v4 & I get the v4 folder
in the folde I c 1) thv v4 finel.exe
2) fonts folder
3) templates .zip
so my question is where do I put the fonts folder & why do I need it
2) what do i do with the tpl zip do I have to unzip it & put it here __Crogram FilesBroco Tradertemplates_ or here
_Crogram FilesBroco Traderexpertstemplates_
  • #16,572
  • Jan 4, 2010 12:33pm Jan 4, 2010 12:33pm
hi mates!

What do you guys think it's best for The system, 15 pips sl and 10 tp or get out asap trix changes?
passion and discipline
  • #16,573
  • Jan 4, 2010 3:47pm Jan 4, 2010 3:47pm
Quoting bythepound
I like to get +10 after the spread. So you must make the spread back plus an addition 10 pips in this case.
Yup, I take +10 TP after the spread is made back. So in order to actually get +10 pips TP, price must also have moved to cover the spread as well, for example, EURUSD, if I'm aiming +10 pips, price would have to actually move +12 to hit my target if spread is 2 pips since we start at -2 once we enter our trade.
  • #16,574
  • Edited 4:16pm Jan 4, 2010 3:57pm | Edited 4:16pm
Quoting rohule
hi mates!

What do you guys think it's best for The system, 15 pips sl and 10 tp or get out asap trix changes?
That certainly is one way to go about exiting a trade, and I used to do so, getting out when the fast Trix change color with closing of the candle, but now I don't. I've seen too many trades that ended up good after getting out after the fast Trix change color, so now I just leave my trade in to either let it hit my TP or SL (I do this only with M1 and M5 scalps, I have no idea about M15 or higher scalp settings of how well that would work). But either or can be the way to trade the THV, it really all depends on the individual trader's risk tolerance and risk management. Each of my trade is only using 1.5%-2% risk of my account, so I can handle that. For example: $1000 account balance, using 0.1 lot (10% risk, or $1 per pip), but managed by only using SL of 15 pips or 20 pips, that's $15-$20 risk per trade, or actual risk of only 1.5%-2% per trade, well within manageable risk tolerance for me. But again, it's all up to which way is more comfortable for you and based on your risk management.

By the way, if you trade more than one pair, you might not want to use 15 pip SL as standard for every pair, since some pairs moves more than the others. Also, if you're trading higher time frame, you might need to use higher SL as well.

With me, when I trade the EURUSD, for M1 scalps, I use 15 pips, but if I enter a scalp trade on the M5, then I use 20 pips. For GBPUSD, I use 20 pips SL for both, which is the lowest I'll go for the Cable pair since that pair is a bit wild, and even 20 pips SL is usually pushing it for the Cable pair. The most I'll enter at once is 2 trades, which would put my risk factor at a maximum level of 3%-4%. I recommend not going over 5% risk at any given moment in your account.
  • #16,575
  • Jan 4, 2010 7:47pm Jan 4, 2010 7:47pm
Hello,

I am just a new member and wondering if this system and thread is still up to date?? Are the downloads from the first page are still ok or did the system change a lots over the last year??

Good trading .

Bax80
Everyday 1K keeps the doctor away ;-)...
  • #16,576
  • Jan 4, 2010 8:31pm Jan 4, 2010 8:31pm
It is still the same .... first page has all the updated files ...

Quoting Bax80
Hello,

I am just a new member and wondering if this system and thread is still up to date?? Are the downloads from the first page are still ok or did the system change a lots over the last year??

Good trading .

Bax80
  • #16,577
  • Edited 9:42pm Jan 4, 2010 8:38pm | Edited 9:42pm
Thank you very much for your quick reply. Did anyone provide some results for like a 6 month period or anything like that??

It's just so hard to find anything in a looooooooooooooooooong thread like that.

Do people still think that this is a very good system or did it change in the last year of testing it??

I just downloaded V4 of THV and installed it. Actually it installed everything automatically into my MT4. So I openend my MT4 and all the indicators and the EA got all installed and then I wanted to open the template but it isn't there?!?

So I installed the templates by myself and still when I open my MT4 the templates still don't show up?? Does anybody know that problem??

Later
Bax
Everyday 1K keeps the doctor away ;-)...
  • #16,578
  • Edited 10:12pm Jan 4, 2010 10:02pm | Edited 10:12pm
Quoting Bax80
Thank you very much for your quick reply. Did anyone provide some results for like a 6 month period or anything like that??

It's just so hard to find anything in a looooooooooooooooooong thread like that.

Do people still think that this is a very good system or did it change in the last year of testing it??

I just downloaded V4 of THV and installed it. Actually it installed everything automatically into my MT4. So I openend my MT4 and all the indicators and the EA got all installed and then I wanted to open the template but it isn't there?!?...
You downloaded template into template folder right? Does it work? Take a look. 21 on gbp/usd
Attached Image (click to enlarge)
Click to Enlarge Name: scalp for 21.jpg Size: 85 KB
txtaz
  • #16,579
  • Jan 4, 2010 10:57pm Jan 4, 2010 10:57pm
Here is what I did step by step.

From the first page I downloaded V4.zip.

I unzipped V4 and installed it. Everything installed by itself. The software found my both MT4 I have on my computer and installed everything automatically. Then I openend MT4 and wanted to start THV and saw that all indicators and the EA are installed.

So I wanted to load the template on Eur / USD. But there is unfortunately no THV templates to load. So I went to the experts folder and then templates folder to see if the templates got installed. They didn't!

So I copied and pasted the templates manually but they still don't show up in my metatrader and now I don't know what to do?? They do show up now in my template folder tho.

I also can't load the templates on any other pair. Do I have to install version 3 first and then V4??

Later
Bax
Everyday 1K keeps the doctor away ;-)...
  • #16,580
  • Jan 5, 2010 12:23am Jan 5, 2010 12:23am
Bax80,

The templates folder is not the one in the experts folder. There are 2 templates folder in MT4. The template folder is the one at the root of MT4 install. Not the templates folder within the experts folder.

The auto install should do all the installation of templates and indicators required.

Did you restart your MT4 after installing V4?

Cheers,
CaveMan

[quote=Bax80;3339753]Here is what I did step by step.

From the first page I downloaded V4.zip.

I unzipped V4 and installed it. Everything installed by itself. T
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