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THV system, final edition

  • #16,761
  • Edited 12:42am Jan 11, 2010 12:25am | Edited 12:42am
UJ: This M30 chart shows the significance of S1. A break down here makes not only S2 a viable target, but S3 is within a days trading range also.

The M15 chart FE 162 level is close enough to S3 to be target. This chart shows first target not as a good reward to risk proposition, but on an M1/M5 chart the SL would be managed much lower, improving the proposition. The second target shows as a good reward to risk proposition.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: # 256.gif Size: 25 KB
  • #16,762
  • Jan 11, 2010 12:39am Jan 11, 2010 12:39am
Quoting traderathome
UJ: This M30 chart shows the significance of S1. A break down here makes not only S2 a viable target, but S3 is within a days trading range also.
Thanks for the wonderful insight.
Support at 92.20 had been holding for several hours since the start of the day. What are the chances of it being broken?
  • #16,763
  • Jan 11, 2010 12:56am Jan 11, 2010 12:56am
Quoting Emp
Thanks for the wonderful insight.
Support at 92.20 had been holding for several hours since the start of the day. What are the chances of it being broken?
I have no idea. But if price breaks down there, the chances of a profitable short trade seem quite qood, imho.
  • #16,764
  • Jan 11, 2010 2:35am Jan 11, 2010 2:35am
Hi Ms Pips

sorry if this question has been asked before, is it possible to get a "heads up" alert when the trix cross? I have set the indic of "Alert on fast slow trix cross" to true, but seems alert message are not prompted on the screen.

Apologies for the trouble.
  • #16,765
  • Jan 11, 2010 3:18am Jan 11, 2010 3:18am
Hi Traders,
Append below screenshots of my trade for the day using the MissPips 1thv 4mtf template and following her rules. I would request if the entry point can be analysed and confirmed if same was in order or not. I had to exit as I did not want leave the trade running without being monitored by me. In hindsight, had I left it running it would have hit my TP without any problem

Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ 1M chart entry and exit 1.PNG Size: 47 KB
Click to Enlarge Name: EJ 5M chart entry and exit 1.PNG Size: 49 KB
  • #16,766
  • Jan 11, 2010 3:20am Jan 11, 2010 3:20am
Hi MissPips,
Thanks for your response. This means I must change flwg default indicators from the 1 thv 4mtf template:-
1)Ichimoku Cloud indicator in the main window with revised indicator per post 15620
2)THV4 Trix V1 in indicator window with THV3 Trix for MTFHisto indicator per post 15620
3)THV4 TRIX MTF in indicator window 2 and 3 with SwissArmyHisto indicator configured for THV Classic (mode2)
4)THV4 Cloud MTF indicator in indicator window 4 with SwissArmyHisto indicator configured for THV Classic (mode2)
Where / when do we use THV MTF mixedhistoV1 per post 15620. As I do not intend to setup any alert for Heiken Ashi candles therefore, I assume there is no need for me to add the HeikenAshi_DM indicator.
Pls cnfm if my above action is correct.
Meantime thanks for considering my wishlist of email alerts and adding same in your todo list.

Cheers
  • #16,767
  • Jan 11, 2010 3:46am Jan 11, 2010 3:46am
Did you also set msg alerts or sound alerts to true?

Quoting Emp
Hi Ms Pips

sorry if this question has been asked before, is it possible to get a "heads up" alert when the trix cross? I have set the indic of "Alert on fast slow trix cross" to true, but seems alert message are not prompted on the screen.

Apologies for the trouble.
  • #16,768
  • Jan 11, 2010 3:56am Jan 11, 2010 3:56am
Quoting traderathome
TzPivotsD_v3 is upgraded to TzPivotsD_v3.4, and the attached files are provided for charts with black or white backgrounds.

The most significant part of the upgrade relates to the correction of pivots lines bunching up when partial trading days are involved, and when multi day (vacation) gaps occur between trading days. This traditionally occurs over the X-Mas and New Years holidays, and we believe this problem to now be solved.
Thank you Traderathome.
  • #16,769
  • Edited 4:10am Jan 11, 2010 3:57am | Edited 4:10am
You don't need to add these indies that the Swiss Army histo calls (the Ichimoku and the Trix for MTFHisto) to your chart. You can use the corresponding indies that come with V4. These indies just need to be in the experts/indicators folder so that the Swiss Army histo can call them. The Trix for MTF histo IS the V4 trix with all the bells and whistles removed to reduce load on CPU and to prevent it from changing the options on the chart when it is called. The Ichimoku necessary because I couldn't get code for the one that came with MT4, but it is extremely similar, and the one that came with MT4 (called by the V4 template) looks nicer so you can leave it. Likewise for Heiken_Ashi_DM, I couldnt get the code to work with the histo.

The THV MTF mixedhistoV1 was renamed the SwissArmy Histo because it contains other non-THV indies that people requested, so just use the latest version of the SwissArmy histo if you want to get alerts for any of the combinations it provides.

Quoting novice198
Hi MissPips,
Thanks for your response. This means I must change flwg default indicators from the 1 thv 4mtf template:-
1)...
  • #16,770
  • Jan 11, 2010 4:17am Jan 11, 2010 4:17am
Quoting traderathome
UJ: This M30 chart shows the significance of S1. A break down here makes not only S2 a viable target, but S3 is within a days trading range also.

The M15 chart FE 162 level is close enough to S3 to be target. This chart shows first target not as a good reward to risk proposition, but on an M1/M5 chart the SL would be managed much lower, improving the proposition. The second target shows as a good reward to risk proposition.
Trade never initiated. Now it looks to have a good chance to move up instead.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 260.gif Size: 25 KB
Click to Enlarge Name: # 261.gif Size: 28 KB
  • #16,771
  • Jan 11, 2010 5:16am Jan 11, 2010 5:16am
Didn't quite get rid of the labels bug in the last version.This should do it.
Attached File(s)
File Type: ex4 SwissArmyMixedhistoV4.6.ex4   61 KB | 711 downloads
  • #16,772
  • Jan 11, 2010 7:12am Jan 11, 2010 7:12am
Quoting Emp
For learning purposes:

 Long @ 1.4510
 SL @ 1.4490 (20 pips)
 TP @ 1.4520 (10 pips)
 Results: + 10 pips
If I had made a mistake or able to improve further, please feel free to comment. Thanks.
If entered based on M1 which is how I'm seeing it, then yes, valid entry, Good job.
  • #16,773
  • Jan 11, 2010 7:14am Jan 11, 2010 7:14am
Quoting Emp
Hi Nobitacu

May I ask, if all THV conditions are met but it is in the overbought or oversold zone, (ADR checked), is there still an entry?
If it is if it's not against your direction. Let's say if price is overbought, but you got confirmed for a Long, then no, it'll be too risky to enter. If it would have been oversold however and you got a confirmation for Long, then yes, it would be valid.
  • #16,774
  • Jan 11, 2010 7:52am Jan 11, 2010 7:52am
Hi, can anyone help with this?
Is there a bag in the indi THV3 SpreadandRange.ex4 or it's a other problem ...
but all JPY crosses are showing incorrect spread as per attachment ...
Attached Image (click to enlarge)
Click to Enlarge Name: THV3SpreadandRange.ex4.jpg Size: 283 KB
  • #16,775
  • Edited 8:38pm Jan 11, 2010 9:10am | Edited 8:38pm
Quoting MissPips
You don't need to add these indies that the Swiss Army histo calls (the Ichimoku and the Trix for MTFHisto) to your chart. You can use the corresponding indies that come with V4. These indies just need to be in the experts/indicators folder so that the Swiss Army histo can call them.

Hi MissPips,
Thanks for the clarification. I have managed to setup the template with flwg indicators as under:-
Window 1 :- THV4 Trix V1.0
Window 2 :- SwissArmyHisto ver 4.6 configured for 1M (fast), 5M (fast), 5M (slow), 15M (fast) in classic mode (2)
Window 3:- SwissArmyHisto configured for 15M (slow), 30M (fast), 30M (slow), 60M (fast) in classic mode (2)
Window 4:- THV4 Cloud MTF
Therefore, there are total 10 histo above, out of which we must have at least 6 histo of same colour, of which two must be 1M (fast) and 5M (fast). Thereafter, we should enter the trade when the the PA is above /below Ichimoku cloud and the Ichimoku cloud above/below the coral for a long / short trade. Kindly cnfm my understanding is correct on this.
Can you also pls analyse my last trade which I posted today afternoon.
The flwg indicators have been added to the indicator list but not to the template:-
HeikenAshi_DM.ex4 (3.7 KB)
Ichimoku.mq4 (4.9 KB)
THV3 Trix for MTFHisto.ex4 (31.9 KB)

Have also setup the alarms though trying to figure out which one sounds when. As there is no facility for email alerts, then what does the alarm “incoming mail” indicate.
Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Alarms.PNG Size: 21 KB
  • #16,776
  • Jan 11, 2010 9:28am Jan 11, 2010 9:28am
Quoting MissPips
Did you also set msg alerts or sound alerts to true?
Yes, they are set to true as well. The message did appear, but late, about 10 mins late.
  • #16,777
  • Edited 9:59am Jan 11, 2010 9:37am | Edited 9:59am
Well, today mark the first day of my trading session for this year, and I just finished my first trade of the year, a M1 Cable Buy confirmation signal. It's a bit more risky because it's counter trend trade, however, M15 Trix was oversold, so was hoping this will help out the trade at least enough to reach my TP. This trade was confirmed after the 2nd candle of the Trix cross when the Laguerre got confirmed and price went above the coral, so still OK to enter, of course, the M5 Fast Trix was also green. The price did retrace up high enough to reach my TP, so +10 pips for me to start off this year, not bad, not bad. =)

Entrance @1.6133
TP @1.6143
SL @1.6118
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cable M1 Buy Entrance.jpg Size: 151 KB
Click to Enlarge Name: M1 Cable Buy Result.jpg Size: 153 KB
  • #16,778
  • Jan 11, 2010 10:12am Jan 11, 2010 10:12am
the link with the manuals on page 1 is broken, it downloads a php file
The risk is what gives value to an investment.
  • #16,779
  • Jan 11, 2010 10:24am Jan 11, 2010 10:24am
Hello guys.
I started trading thv live past week after a long time of observation. I dont like demo so I decided to trade 1usd per pip to study it.
I would like to know if some of you guys are trading like me.
I wait for the market touch the coral, and get back. And then I take an order as soon as the fast trix changes it's color, waiting for the next candle to confirm. Should I wait to see the trix crossing or the color change is a good entry?
Check my trades today. 1 loss -8pips on EU M5 and a gain of 29 pips on GU M15. And then a pic from all trades I took so far.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 44 KB
Click to Enlarge Name: gbpusd.gif Size: 37 KB
Click to Enlarge Name: trades.gif Size: 9 KB
  • #16,780
  • Jan 11, 2010 10:46am Jan 11, 2010 10:46am
Quoting 3cent
the link with the manuals on page 1 is broken, it downloads a php file
Try searching thread for 'php' - this question has been answered dozens of times before.
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