THV system, final edition

Hello MissPips, I download this indicator since I wanted to try it out and see, and as of right now, I'm seeing most of the spaces blank (it's suppose to right?), there are few spots that has line of red or green squares, which is what I'm guessing is telling me that there might have been a divergence there for either bull or bear, looks like there are 4-5 rolls as well to this indicator. Does this look correct or am I missing some indicator it needs? Was there a post earlier that explained how to read this indicator? Searching this forum isn't finding any results for me. Thanks.

Hi Nobitacu

It looks fine. The empty space is where it has nothing to report. You can set show lines and show labels to true for a bit more info.
There is a post explaining it here from when I first posted it.
http://www.forexfactory.com/showpost...postcount=9565

In short what it does is catch the divergence arrows from the trix itself and show them to you in the histo. Therefore it can't report divergence any earlier than the trix itself did (which is not always accurate or as fast as doing it yourself, but it does give you a heads up if you missed it.)

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There is so much to learn in the Forex trading world, and studying the THV method of trading definitely gives us a better understanding of what is happening. I'm still in the process of absorbing all the intricacies of the THV format, spinning all the dials to see what affect they have on what I see onscreen.

I'm having decent results with percentage of winning trades, but I certainly haven't become complacent. Much of my success is probably due more to luck than any skills I have developed!

Until I feel totally confident with my implementation of the system, I'll continue to demo trade. The good thing about THV is it forces you to think, think, think before pulling the trade trigger. You gotta love it!

Haa, just saw your post. No wonder I have been staring at the screen for hours but did not see any safe entries.

Looks like today will be theory lessons, back to the books.

Thanks mate.

Hello everyone,
Can anyone form the THV team clarify entry rules for me?
The Manual says: "Entry:
Above Coral only long, below Coral only short". Should I bother the colour of coral? should it be green for long and red for short. I have many situation when for example, price crosses coral and stays under it, cloud crosses coral and under it, trixes crossed and have same red colour but the colour of coral is still green. Please advise.
Cheers

Thanks for your help.
After I installed Pivot v5, all pivot lines have been disappeared

So, I'm back TzpivotD v3.4 that pivot lines sometimes disappeared.
Can somebody help me out with this
Thanks

The colour of the coral doesn't matter so there is no need to wait until it changes to green or red. Don't worry, you read the rules correctly

Hey Folks, can some one tell me how to load a 5 min trix on to a one min chart...?

Rebel

Thank you for your help.

Very slow market,

If candle will close below yellow (down) horizontal line, maybe I'll open short........


have a nice day



pipgame

Thanks MissPips for your help and tips, now I understand it better of what each roll means haha. You're right that reading it ourselves is much faster and often, more accurate then from indicators, I hardly use the divergence shown by the Trix since most of the time is wasn't much of anything, however, like you said again, it's still nice to have because it gives me a heads up incase I missed one. I can't wait for you to have this in the SwissArmy ^^

Haha, no problem, things are really slowing down now, so best to just take a day off. Today will be my relaxing day as well. ^^

I don't think this is possible with the current version of Trix. However, MissPips has a MTF indicator that will show you different TF Trix's information, it is by the form of square dots however, not actual Trix chart. You can check that out if you like and see if it works for you or not.

There is actually an indi called THV T3 Trix MTF that Miss Pips posted a while back that will work with THV4. It allows you to place whatever TF trix you want at the bottom of your chart. Check the paper clip at the top right corner.

It will look something like this.

Ah, right, almost forgot about that one that shows in line form.

I had the same problem. I had to re install the platform because for some reason I could only see the daily values. All Monthly and Weekly pivots were deleted. Not even detaching the indicator or installing a new copy of the indi resolved the problem.

Well here is a new version of the Swiss Army indie including divergence.

In order for it to work you need the attached indicators in your indicators folder (not on your chart). If you want the divergence setting to work on the 1m chart you need to redownload THV3 Trix for MTFHisto, because that setting was turned off in the previous version. If you don't need to see divergence for the 1m tf in the histo you can stick with the previous THV3 Trix for MTFHisto if you already downloaded it.

Changes
1) Added a type for divergence - type 14

2) Added lines between rows and the ability to show/hide them (showlines param, LineGap param,HighLine_Color param ,Line_Style param)

3) Changed all the trix types except the divergence type to use the T3 trix instead of the THV3 Trix for MTFhisto. This means you can set the number of bars the histo goes back ( in TrixNumberOfBars param) and adjust the histo to match the trix version you use ( in the hot param, 0.7 matches 4.01 div and 1.2 matches THV V4 Trix V6 trix and THV V4 Trix V1. However the divergence type matches only latter two and cant be changed. Also this version of the trix uses fewer resourses. However if you set the number of bars to a very large number it may slow down your MT4)

So now the modes and types are
Mode 1:
=====
Mode 1 looks at ePeriod Type, which can be the following
ePeriod types:

0 = slow trix

1 = fast trix

2=stochs

3=Thv classic mode
(fast trix above slow trix and fast trix above 0 and fast trix green or the opposite for short)

4=semiclasic (fast trix above/below slow trix i.e trix cross but not necessarily above zero, and fast trix still in direction of trade)

5=cloud

6=HeikenAishi;

7=TDI (traders dynamic index)

8=AboveBelow0 (fast trix above 0 and fast trix green - or the opposite for short)

9 =AboveBelow Tenkan (Price above/below Tenkan)

10=Above/Below Kijjun (Price above/below Kijjun )

11=Above/Below Tenkan && Kijun"; (Price above/below Tenkan & Kijjun )

12- Trix Hist (shows whether the distance between the fast and slow trix is increasing or decreasing in the direction of the trade)

13 -Coral

14- Divergence - Catches the divergence arrows show by the Trix on the higher timeframes. Note that divergence arrows do not appear in realtime - it takes a least two bars for the trix to catch it, and it is also not always right. So it's better to catch it manually yourself, but if you missed it this will give you a heads up.
Mode 2
======
Mode 2 ignores eperiod type and sets all tfs to demi classic mode (fast trix above/below slow and above/below zero, but may have changed color against the trade.

Mode 3
======
Mode 3 ignores all ePeriod types and sets all selected tfs to classic (fast trix/above below slow and still in direction of the trade and above/below zero)

Mode 4
======
Mode 4 ignores all ePeriod types and sets all selected tfs to semiclassic (fast trix/above below slow and still in direction of the trade but not necessarily above/below zero)


Autotimeframe
===========
When autotf is true, the indicator works like the old trix histo, selecting the next second and third higher timeframes for the fast and slow trix (i.e on a one minute chart, 5m f & s and 15m f & s trix).

If use autotf and usesecondautotf are both true, then it selects the fourth and fifth higher tfs for the fast and slow trix. (i.e on a one minute chart 30m f & s and 60m f & s trix)

Alarm
The alarm only works when autotf is false
The way it works is that for each row in the histo you can choose whether to count the row in the max score by setting countE1-4 to true. Then you set a Max score. You will get an alarm when the total score is greater than or equal to the Max score.

For example:
Suppose I have the following settings.
row 1 is the 1m f trix
row2 is the 1 m coral
row 3 is the 1m cloud
row 4 is the 5m fast trix.

If I want to get an alarm when all four rows are the same colour I set countE1-4 to true and max score to 4.
If I want to get an alarm when 3 of the four are true I set countE1-4 to true and max score to 3. In this case when any three of the rows are the same color you will get an alarm. (You will also get an alarm once when the fourth row turns color as well)

If I want to get an alarm when only the first, second and third rows are true I set countE1, countE2 and countE3 to true, countE2 and countE4 to false and max score to 3.

In addition the score for each row is reset if the histo row changes color.
So if you have an alarm on the first,second and third rows, and max score set to 3, when all three change to the same color (green for example) you will get an alarm. If the second row changes color (to red for example) but the first and third rows stay green, when the second row changes back to green you will get another alarm.

You will get the alarm at the start of the next bar following the bar in which the total score was greater than or equal to maxscore.

Edit: Changed version of indie to 11 - fixed small problem with lines

Once again thanks for developing MTF indicator
By the way, it's very detailed post

Do you mean something like that?