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THV system, final edition

  • #17,481
  • Jan 26, 2010 12:49pm Jan 26, 2010 12:49pm
When the SwissArmy histo always shows one color (as it does in his pic)
it usually means that the base indicator that the SwissArmy histo is calling is missing - in the case of the coral it's the THVHelpy1.

[quote=. I'm not sure why your SwissArmy says green for Coral however, since you're below it, so you might want to check up on that to fix that error.

.[/quote]
  • #17,482
  • Jan 26, 2010 1:15pm Jan 26, 2010 1:15pm
Hello everyone i have need to found this indicators, for the THV MTF version, i like that, but i dont have this indicators, in the first page of this 3d, this indicator miss ... and sorry for my english lol

this :

THV3 Trix for MTFHisto.mq4
Ichimoku.mq4
thv Ichimoku Cloud histo BarV3.1.1.mq4
thv 2 4 TF Trixhisto BarV3.1.5.3.mq4

Thanks to all :-)
  • #17,483
  • Jan 26, 2010 2:57pm Jan 26, 2010 2:57pm
Dear Mispips, Hi I need help to use the TPL Rainbow tup, I have understood correctly the operation Rainbow, the trix 5 and 15, but I do not understand two things:
>Input directly without lights must be at least the first continuous 4!?
>Just see the lights input without awaiting closure candle!
>stop Los 20 Pips ?!
>If I have opposite divergence does not come ?!
>If I divergence trend towards enough 5 lights ?!

A big hug and many greetings
Annarita


Quoting MissPips
Here is my latest rainbow template. I replaced the MAs which were only approximate with the T3 5m and T3 15 min indies that someone kindly shared. These replicate the higher tf corals more accurately on the 1m chart.

.
  • #17,484
  • Jan 26, 2010 3:51pm Jan 26, 2010 3:51pm
Yesterday it happens that I trades only one THV signal, a long on cable during NY.

I took a signal after a reversal m5 fractal breakout, and then THV signals on M1 and M5. There was a retracement around 15 pips, my SL was around 20, and then, PA has broken an m15 fractal (that was my main expectation for entry this trade), and took 20 pip, about all the first impuls. I exit using normal candles and trix on m5 went OB.
s

Unfortunately, I had not a pic live shooted, but the vertical red lines here, marks my entry/exit levels.
Attached Image(s) (click to enlarge)
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  • #17,485
  • Jan 26, 2010 4:14pm Jan 26, 2010 4:14pm
Thanks for posting your template MissPips! I didn't take any trades during my trading time yesterday because the London session looked too choppy. This morning I had a look over what followed and was wondering if you could possibly clarify a couple of things.

The attached image isn't a great example simply because the trend is heading straight into the DP and the DP happens to be just about on a 00 line. That said, I'm wondering if the rainbow flip and HH's would have fulfilled your requirements for a good rainbow flip and clear trend?

My next question is, how exactly do you define 6 points on this template? Looking at the histos, there are 14 different lights. By definition at least 7 of them are red or blue. Which ones count for the 6 points here? Are the entries I marked correct on this basis? (again, aside from DP & 00 line approaching)

Finally, if you enter and the price moves against you - when would you consider exiting? You say usually you will have a chance to get out. Should that chance be taken if the rainbow looks like it's flipping and has breached the blue MA at the bottom of the rainbow?

Thanks again for all your help
Attached Image (click to enlarge)
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  • #17,486
  • Jan 26, 2010 4:41pm Jan 26, 2010 4:41pm
Hi Nobi

How would you identify a "fake" signal from the Laguerre RSI if you enter based on the 1st color dot change.

Hope you understand my question. Thanks.

Quoting Nobitacu

Second Buy trade was less risky than that Sell you placed, but again, I only enter on fresh Trix cross, not on re-entrance like where you entered. I also only enter it with a fresh cross up of the Laguerre (after first color dot change on bottom) as well.

If you are trading with your own personal rules, and are successful with it, then great, keep testing it to see how it develops and fine-tune it, but if trading the rules I've written, then either of those would not have been an entrance. Glad you won both however.
  • #17,487
  • Jan 26, 2010 4:43pm Jan 26, 2010 4:43pm
check your histogram, something is wrong with your lights.

Quoting POSTiGA
Hello Nobitacu
Can u confirm my today trades

http://www.forexfactory.com/showpost...ostcount=17433
http://www.forexfactory.com/showpost...ostcount=17434
  • #17,488
  • Jan 26, 2010 4:48pm Jan 26, 2010 4:48pm
Hi Sailorx

may I ask if your entry are based on fractal breakout alert and confirmed with THV?

If so, will there be chances of a false fractal breakout?

Thanks

Quoting Sailorx
Yesterday it happens that I trades only one THV signal, a long on cable during NY.

I took a signal after a reversal m5 fractal breakout, and then THV signals on M1 and M5. There was a retracement around 15 pips, my SL was around 20, and then, PA has broken an m15 fractal (that was my main expectation for entry this trade), and took 20 pip, about all the first impuls. I exit using normal candles and trix on m5 went OB.
s

Unfortunately, I had not a pic live shooted, but the vertical red lines here, marks my entry/exit levels.
  • #17,489
  • Jan 26, 2010 7:21pm Jan 26, 2010 7:21pm
Quoting Emp
Hi Sailorx

may I ask if your entry are based on fractal breakout alert and confirmed with THV?

If so, will there be chances of a false fractal breakout?

Thanks

Usually they are. Yes there is a chance of false fractal breakouts, but I look for trend on more TFs, for important reversals, and new candles open outsides the breakout, etc.. so I am trying to have good confirmations. The good things is tha usally on good breakouts PA moves very well, and of cours, this is I am looking for.

Personally, I believe that fractals combined with THV is a very powerfull instrument.
  • #17,490
  • Jan 26, 2010 8:04pm Jan 26, 2010 8:04pm
Yes i agree, Fractals breakout are great, but I am still unsure of how to identify a false breakout. Still doing some research and testing.

Quoting Sailorx
Usually they are. Yes there is a chance of false fractal breakouts, but I look for trend on more TFs, for important reversals, and new candles open outsides the breakout, etc.. so I am trying to have good confirmations. The good things is tha usally on good breakouts PA moves very well, and of cours, this is I am looking for.

Personally, I believe that fractals combined with THV is a very powerfull instrument.
  • #17,491
  • Jan 26, 2010 10:52pm Jan 26, 2010 10:52pm
Quoting Emp
Hi Nobi

How would you identify a "fake" signal from the Laguerre RSI if you enter based on the 1st color dot change.

Hope you understand my question. Thanks.
When the Laguerre and Trix confirms more than 3 candles apart on M1, or more than 2 candles apart on M5.
  • #17,492
  • Jan 26, 2010 10:52pm Jan 26, 2010 10:52pm
Quoting Sailorx
Yesterday it happens that I trades only one THV signal, a long on cable during NY.

I took a signal after a reversal m5 fractal breakout, and then THV signals on M1 and M5. There was a retracement around 15 pips, my SL was around 20, and then, PA has broken an m15 fractal (that was my main expectation for entry this trade), and took 20 pip, about all the first impuls. I exit using normal candles and trix on m5 went OB.
s

Unfortunately, I had not a pic live shooted, but the vertical red lines here, marks my entry/exit levels.
Same trade I saw pretty much. But I'm still only watching PA's reaction to the Dashboard before I start entering any live trades.
  • #17,493
  • Jan 26, 2010 11:01pm Jan 26, 2010 11:01pm
The exe versions have all been posted in the thread.
You can find them in the attachments (paperclip in the right corner)
The mq4 versions are not available - Cobra doens't allow
posting the THV source code.

Quoting AlbyM
Hello everyone i have need to found this indicators, for the THV MTF version, i like that, but i dont have this indicators, in the first page of this 3d, this indicator miss ... and sorry for my english lol

this :

THV3 Trix for MTFHisto.mq4
Ichimoku.mq4
thv Ichimoku Cloud histo BarV3.1.1.mq4
thv 2 4 TF Trixhisto BarV3.1.5.3.mq4

Thanks to all :-)
  • #17,494
  • Jan 26, 2010 11:11pm Jan 26, 2010 11:11pm
>Input directly without lights must be at least the first continuous 4!?
No, just any 6 of which two must be the 1m f and the 5m fast. The theory is that if the longer tfs (represented by the bottom histo) are all one color, and the 1mf and 5m start to change back to that color a retracement is ending and they will tip the 5ms and 15f as well.

>Just see the lights input without awaiting closure candle!
Depends on you. I don't always wait if I see that we are near candle
closing and that it will be hard for price to go back enough to change the color, I jump in. But when I tested, I based it on closed candles

>stop Los 20 Pips ?!
I tested it on and use it on EURUSD, where I used 15 pips s/l + spread and 10 pips +spread target. Depends on the pair though. I would say 10 times spread (spread being a measure of valatility) if it's not EuroUSD, to keep in parallel.

>If I have opposite divergence does not come ?!

Don't really understand this question, but if you see bullish divergence don't short and vice versa.
>If I divergence trend towards enough 5 lights ?!
2 lights are enough, one of which must be the 1m f. Divergence itself counts for 4.

A big hug and many greetings
Annarita[/quote]
  • #17,495
  • Jan 26, 2010 11:25pm Jan 26, 2010 11:25pm
Eur/Usd looks like downward trend continuing... Looking for a sell somwhere just below current support. All TF's are pointing bear but 1min is consolodating.

I know nobi, I'm calm, waiting for my feather to land on my nose
@pawpaw1000 on Twitter
  • #17,496
  • Edited 12:19am Jan 27, 2010 12:00am | Edited 12:19am
>Thanks for posting your template MissPips! I didn't take any trades during my trading time yesterday because the London session looked too choppy. This morning I had a look over what followed and was wondering if you could possibly clarify a couple of things.

The attached image isn't a great example simply because the trend is heading straight into the DP and the DP happens to be just about on a 00 line. That said, I'm wondering if the rainbow flip and HH's would have fulfilled your requirements for a good rainbow flip and clear trend?

Yes it would. I need to clarify something here though. I use different standards for a rainbow flip for 6 lights trades, coral bounce trades and what I call 1-2-3 trades.

For 6 lights trades you are trying to get in early and out early. So the most important theing is to pay attention to divergence. For these trades I will consider the rainbow to have flipped if I see the gold on top , and I can see even touch of blue on the bottom and I see the price above the spine especially if I also see strong green momentum and the flip was caused by higher tf divergence (vice versa for short). I don't care about where the pivots are for 6 point trade unless the trade is right on top of one (a pip or two away.


For coral bounces and 1-2-3 (hh or ll) trades you are going for a nice safe slice out of the middle, and that's where I require the 3 hhs or lls + 10 pips of room for the trade to move

Here is my own screenshot for then. (I didn't take all these trades - after I get my pip quota I just document in real time for my records where I would be taking the trades if I was trading. )
My notation is
Blue - My understanding of where a Nobitacu trade is
Pink - Short divergence
Aquamarine - Long divergence
Red - 6 pt short
Green - 6 pt long
Yellow - already in trade
Gold - 1-2-3 hh or ll
Dark gold - coral bounce
Purple - I pass due to divergence or some other reason
Black - failed trades.

Attached Image (click to enlarge)
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>My next question is, how exactly do you define 6 points on this template? Looking at the histos, there are 14 different lights. By definition at least 7 of them are red or blue. Which ones count for the 6 points here? Are the entries I marked correct on this basis? (again, aside from DP & 00 line approaching)

The six points are the same as always (The first 3 histos). The bottom histo is for info about momentum. I am also testing using it to screen divergence trades now by requiring the 5m spread to be the same color as the divergence, and regular 6 pt trades by requiring the 5m spread to be the same color.

>Finally, if you enter and the price moves against you - when would you consider exiting? You say usually you will have a chance to get out. Should that chance be taken if the rainbow looks like it's flipping and has breached the blue MA at the bottom of the rainbow?

I don't exit just because price goes against me - that's normal - there are always small retracements even in a trend. But if the rainbow does actually flip against my trade and then flips back and gives me a chance to get out I do. Reason is I'm trying to trade with a trend and if the rainbow is flipping back and forth then there isn't one, and I will think about divergence trades instead.


Thanks again for all your help [/quote]

Edit: The blue MA is the spine of the 5m rainboe. It's usually good for a strong boucne so if it's breached I'd get out.
  • #17,497
  • Jan 27, 2010 12:05am Jan 27, 2010 12:05am
Quoting Nobitacu
First sell trade was very risky, you're trading not only right into a pivot, but also a major psychological level, you're lucky it didn't just bounce off there and head straight up. Secondly, laguerre didn't confirm for me to short as the pullback up wasn't far enough, most importantly, you were still inside the cloud from that candle you drew your entrance on, and not out of it yet. I'm not sure why your SwissArmy says green for Coral however, since you're below it, so you might want to check up on that to fix that error.

Second Buy trade was...
Hello,

Many thanks Nobitacu, was very helpful thing for me,

Just need to read read read...and try for finding best

Im using "SwissArmyMixedhistoV4.9.ex4" its not latest version ?
  • #17,498
  • Jan 27, 2010 12:07am Jan 27, 2010 12:07am
Hey Misspips,

I'm wondering if the attached chart would be a good entry as per your coral bounce entry rules? The one thing which I just noticed is that there was divergence on M15 against the entry in the histo. Do you trust the histo for divergence usually or do you check it manually in another chart against various Trix time-frames?

Prior to this coral touch and bounce, would you have taken any other entries? If not, why? I guess what I'm having trouble with spotting is how to take your entries that don't involve the coral. A small retrace might become a larger retrace, even if the M5/M1 fast trixes seem to be turning around, no? Is it safest to wait until the price retraces a certain way into the rainbow? Say to one of the dark blue MAs?

Also re the 6 points rule, if I have this correctly - M1/M5 fast trix must be the correct colour for the entry. Then you need 4 other lights to be the same colours of any of the other histos. (Does that include the spread histos?) The exception being the divergence histo which counts as 4 points on its own. (What about the higher TF div histos? Surely H1 div is not worth 4 points when taking an M1 entry?)

Thanks you!

Edit: Sorry had not seen your reply to my previous questions until now. Please ignore any redundant questions
Attached Image (click to enlarge)
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Attached Image
  • #17,499
  • Jan 27, 2010 12:35am Jan 27, 2010 12:35am
Latest version is 4.11 here
http://www.forexfactory.com/showpost...ostcount=17158

Quoting POSTiGA
Hello,

Many thanks Nobitacu, was very helpful thing for me,

Just need to read read read...and try for finding best

Im using "SwissArmyMixedhistoV4.9.ex4" its not latest version ?
  • #17,500
  • Jan 27, 2010 12:38am Jan 27, 2010 12:38am
M5 confirmation,

Taked my +points
Anycomments ?
Attached Image (click to enlarge)
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