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THV system, final edition

  • #16,981
  • Edited 9:08am Jan 14, 2010 8:44am | Edited 9:08am
Quoting traco1
you think thats going to be an addition to the template Nob ?
If it does, it'll replace the Coral, Cloud and the M15 chart of my setup. The Trix and Laguerre indicators will still need to be on the chart. If so, then my new setup will look something like this: A much cleaner setup to look at.
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Click to Enlarge Name: Euro Setup.jpg Size: 142 KB
  • #16,982
  • Jan 14, 2010 8:54am Jan 14, 2010 8:54am
Long on cable, PA bounced an uptrend trendline on the big pic. Exit before the news release.
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  • #16,983
  • Jan 14, 2010 8:55am Jan 14, 2010 8:55am
Quoting Nobitacu
Frankfurt opens an hour before London, and London Open's movement usually has opposite movement as the Frankfurt hour's movement.
So even though (geographically) they're an hour behind London, FX in Germany starts trading an hour before London? I never knew that. Those hard working Germans!
  • #16,984
  • Jan 14, 2010 9:00am Jan 14, 2010 9:00am
Quoting PipHopeful
So even though (geographically) they're an hour behind London, FX in Germany starts trading an hour before London? I never knew that. Those hard working Germans!
Frankfurt is an hour ahead of London buddy. ^^ GMT +1, London is GMT +0, so their market opens an hour before London's market opens.
  • #16,985
  • Jan 14, 2010 9:02am Jan 14, 2010 9:02am
Quoting Sailorx
Long on cable, PA bounced an uptrend trendline on the big pic. Exit before the news release.
HI Sailorx, how you put 3 time frames in the same chart? or can you share your template?

thank you in andvance!
passion and discipline
  • #16,986
  • Jan 14, 2010 9:04am Jan 14, 2010 9:04am
Quoting rohule
HI Sailorx, how you put 3 time frames in the same chart? or can you share your template?

thank you in andvance!
That's Stratman's template, it can be found on his thread.
http://www.forexfactory.com/showthread.php?t=210461
  • #16,987
  • Jan 14, 2010 9:09am Jan 14, 2010 9:09am
Quoting rohule
HI Sailorx, how you put 3 time frames in the same chart? or can you share your template?

thank you in andvance!

Check here http://www.forexfactory.com/showthread.php?t=210461 this is all Startman's stuff.



Cheers
  • #16,988
  • Jan 14, 2010 9:17am Jan 14, 2010 9:17am
Hello!

Could anyone post the THV EA 1.0 please? Thanks you!
  • #16,989
  • Edited 1:47pm Jan 14, 2010 9:22am | Edited 1:47pm
1) Actually that template is not my template and I don't use it. The correct configuration for the 6 point method, if you are using it is
1m f trix
5m f trix
5m s trix
15m f trix

the second histo to
15m s trix
30m f trix
30m s trix
60m f trix

Cloud 5,15

You may, however, configure the Swissarmy histo in any configuration you like.

2)Classic mode is when the fast trix is above/below the slow, fast trix is above or below zero and is still green or red for a long or short trade respectively.

3) In your screenshot, if the red line on the chart indicates the matching time for the message, a good deal of time has passed between the message and the current state of the chart. I would have to see this live (i.e a screenshot where the message matches a time that is the rightmost column in the histo) in order to answer. Also, as has been discussed many times in the mtf indicators can repaint (compared to what you would have seen in 'real time' ) if initialized, which can happen if you change the timeframe on the chart or if you get a broker disconnect. In other words, if you went away and left your chart, and came back an hour later, and found that message, and compared the time on the chart (assuming the red line is the correct time of comparison) and your mt4 had disconnected and reconnected, the indie could have recalced and wouldn't match what you would have seen in real time.

Also the trix itself can repaint one bar back (which has also been discussed many times) so any indicator based on it, which the histo is, can do so as well.)

4) As downloaded the last version of the SwissArmy histogram will give an alert when
a)fast trix is above/below slow trix and fast trix is above/below zero and fast trix is still green/red
b) price is above/below the coral
c) price is above below the cloud.

The classic THV trade conditions call for a trix cross, price above/below cloud, and above/below coral for a long/short respectively. Fast trix above/below zero is also recommended, though not, I believe mandatory. Classic mode for the trrix gives an alarm both if there has been a trix cross and also if there has been a previous trix cross (say up) and the fast trix has changed to red, and then changed to green again (without crossing back down over zero or over the slow). You need to check the chart itself to verify which case, but this condition is one that many people also trade.

Quoting novice198
Hi MissPips,
Thanks for explanation.

1) Does this mean that your 1 thv 4MTF template is not Classic THV. I have configured the SwissArmyHisto to show the same Histo lamps as your 1 thv 4MTF template.

2) Is the Classic THV mode described as, when there is a trix cross on the 1MTF, price is above/below the cloud and above/below the coral (i.e THV trade conditions are met.)

3) I have intentionally configured CountE1 to 4 as True and max score as 3 so that whenever any 3 lamps are of same colour then I should get the alarm. Apologies for the...
  • #16,990
  • Jan 14, 2010 9:34am Jan 14, 2010 9:34am
Quoting Nobitacu
If it does, it'll replace the Coral, Cloud and the M15 chart of my setup. The Trix and Laguerre indicators will still need to be on the chart. If so, then my new setup will look something like this: A much cleaner setup to look at.
Nob, in regards to a clean set-up. I put the Laguerre RSI and the TRX in the same window. Just changed the Lag's colors.

Easy to read both and allows more screen space. Works for me.
I think I installed the Lag 1st and then the Trx to get the lag's levels. ( if you try this and it does not look correct, install the other way around, not sure!)

Regards,

Cigarguy
Keep It Simple
  • #16,991
  • Edited 9:54am Jan 14, 2010 9:39am | Edited 9:54am
Quoting cigarguy
Nob, in regards to a clean set-up. I put the Laguerre RSI and the TRX in the same window. Just changed the Lag's colors.

Easy to read both and allows more screen space. Works for me.

Regards,

Cigarguy
You know, I've not thought of that! lol, thanks for the tip. But I also like my chart to look somewhat neat and not have indicators all bunched up together, that might make it look like that a bit. ^^" I guess I'm just too picky haha.
  • #16,992
  • Jan 14, 2010 9:42am Jan 14, 2010 9:42am
Quoting Nobitacu
As for the coral, I'm not sure if it makes a lot of difference in trade filtering
I think the coral is just a 69-72 range WMA and helps seeing the trend on M5 chart better, when it's green trend is upwards when it's red trend is downwards.

This is why THV rule says never trend against it ..my guess
  • #16,993
  • Jan 14, 2010 9:52am Jan 14, 2010 9:52am
You can replace the cloud IMHO but not the coral. The histo doesn't show you its angle, and that is important.

Quoting Nobitacu
If it does, it'll replace the Coral, Cloud and the M15 chart of my setup. The Trix and Laguerre indicators will still need to be on the chart. If so, then my new setup will look something like this: A much cleaner setup to look at.
  • #16,994
  • Jan 14, 2010 9:55am Jan 14, 2010 9:55am
Quoting MissPips
You can replace the cloud IMHO but not the coral. The histo doesn't show you its angle, and that is important.
Good point, I really should put that into consideration more. I never really much considered the angle of the coral when I enter trades, but I'll start paying more attention to it now that you've mentioned it.
  • #16,995
  • Jan 14, 2010 10:04am Jan 14, 2010 10:04am
Today this hard on ... Another sure sign that went to the SL ...

Attached Image (click to enlarge)
Click to Enlarge Name: gbp3.jpg Size: 134 KB
I am Brazilian and I never give up!
  • #16,996
  • Jan 14, 2010 10:06am Jan 14, 2010 10:06am
Check your experts tab and make sure you are not getting errors when you did this. (They will slow down your mt4 and fill up your disk).

If you are, I can post a replacement for the Laguerre that lets you do this, but you have to install in on top of the trix (trix first).

Quoting cigarguy
Nob, in regards to a clean set-up. I put the Laguerre RSI and the TRX in the same window. Just changed the Lag's colors.

Easy to read both and allows more screen space. Works for me.
I think I installed the Lag 1st and then the Trx to get the lag's levels. ( if you try this and it does not look correct, install the other way around, not sure!)

Regards,

Cigarguy
  • #16,997
  • Jan 14, 2010 10:09am Jan 14, 2010 10:09am
Quoting Nobitacu
That's Stratman's template, it can be found on his thread.
http://www.forexfactory.com/showthread.php?t=210461

thank you nobitacu for your replys, do you are goint to make another templete whith the new swissarmy?
have a good one and all my best wishes for you and your family!
passion and discipline
  • #16,998
  • Edited 10:32am Jan 14, 2010 10:11am | Edited 10:32am
Quoting windelevel
Today this hard on ... Another sure sign that went to the SL ...

Attachment
Ah, Cable at the time was flat, if you look at the M5 trix, it's turned flat and the Fast and Slow trix is close to each other, both showing flat direction, because of that, I had mixed feeling about going long or short with Cable, so I skipped it all together until I get a better Trix direction from M5 before entering M1 trades.

Edit: Actually, you trade was entered awhile back. That one I believe I didn't enter either because it's either within 30 minutes before news release or within 20 minutes after news release, there's a 50 minutes window for news release for which I don't enter any trades. But yes, tough day today for Cable on M1 if you didn't also watch M5's trix.
  • #16,999
  • Jan 14, 2010 10:20am Jan 14, 2010 10:20am
Quoting rohule
thank you nobitacu for your replys, do you are goint to make another templete whith the new swissarmy?
have a good one and all my best wishes for you and your family!
Yes, after I spend a bit more time with it.
  • #17,000
  • Jan 14, 2010 10:32am Jan 14, 2010 10:32am
Quoting MissPips
Check your experts tab and make sure you are not getting errors when you did this. (They will slow down your mt4 and fill up your disk).

If you are, I can post a replacement for the Laguerre that lets you do this, but you have to install in on top of the trix (trix first).

Thanks for the info. I checked my experts tab and found no error msgs. To be safe would you post the trix you mentioned? I am using THV3 Trix v4.01 Div.

I find it much quicker to watch them in the same window. Trx usually signals 1st on the 1m ahead of the lag.

Thank You and Regards,
Cigarguy
Keep It Simple
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