THV system, final edition | Page 878 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #17,541
  • Jan 28, 2010 12:25am Jan 28, 2010 12:25am
Quoting Nobitacu
You should be looking at next higher TF to confirm your trade, not lower TF. When someone saw something on M5 and goes to M1, that mostly means they found a confirmation on M5 to enter a trade soon, then goes to M1 to find best entrance, usually earlier than what you would have got if entered on M5.

If we're entering trades on M1, we look at M5 or to some, even M15 or higher for confirmation, when we enter on M5, we look to the M15 for confirmation or higher, and so on.
Thanks for the clarification.
The Road appears under the steps of walking men...
  • #17,542
  • Jan 28, 2010 12:42am Jan 28, 2010 12:42am
Quoting cobraforex
Right.

I recently had an email with a professional Poker player who wanted to enter in the FX game.

I told him that playing Poker is easy against FX trading as you have no rules, you can buy, sell, get credit (leverage) as you want and when you want.

That is too much freedom for many of the new traders which aren't customized to it and they need to find reasonable rules for themselfs, taking in account the equity and TF they wanna work with.

Even veterans of trading need to follow their rules, otherwise they will loose.

Never ever forget...
Hello Cobra,

I never forgot your words about forex and how its easy, I remember I read it on your website =)
By the way then the forex is much easier than poker and gambling

thanks for your efforts and your always help.
  • #17,543
  • Jan 28, 2010 12:57am Jan 28, 2010 12:57am
Yes, I know it does. It's not 'my' indie - I just added the histo and auto tf to it so I don't really know why it breaks lines. Eventually I may improve it more not to do that but it's not high on my list of things to do.

Quoting Mudruff
Hello MissPips,

I was trying your template coz I have similar ideas in mind about THV but I saw the Trix MTF colorHisto break the lines sometimes, it happens the same with the Trix MTF, I dont know if is for changing the hot parameter from 0.7 to 1.2. In all cases Im comparing the code of both indies with the code of the Trix version 5.0 and its quite different, at least its built in another way.

Some one ckecked this behaviour in Trix MFT too ?
  • #17,544
  • Jan 28, 2010 2:03am Jan 28, 2010 2:03am
Hello I am new, French East that the THV systeme can be uses in real mode ( mini account) with that she(it) version thank you
  • #17,545
  • Jan 28, 2010 2:22am Jan 28, 2010 2:22am
Anyone got this signal ?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 282 KB
  • #17,546
  • Jan 28, 2010 3:11am Jan 28, 2010 3:11am
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.

I also redid the colors (this rainbow is named after Bemac because he was the first one to think of using variable MAs - brilliant idea but the original color scheme was really ugly), and I changed some of the lower MAs to be more like the Guppy MAs so you can see the turn better. The dark gold is like the fast guppy and the green...

Hi Miss Pips, I was looking your rainbow template and I really like it, if this template will be able to bring me success I will come to you and I'll kiss you
  • #17,547
  • Jan 28, 2010 3:21am Jan 28, 2010 3:21am
Oh gosh. Glad you like it! (The VarMA Rainbow is actually Bemac's
idea, I just prettied it up a bit)

Quoting Sailorx
Hi Miss Pips, I was looking your rainbow template and I really like it, if this template will be able to bring me success I will come to you and I'll kiss you
  • #17,548
  • Jan 28, 2010 6:05am Jan 28, 2010 6:05am
I saw an ad for Forex Cobra on utube. Went to the site to see what it was and if it was like this system. The site doesn't show anything on how it works. Do you know if someone is selling this? Site is sortwayto.com/ForexCobra.

Just thought you might want to know. They use the snake etc.
  • #17,549
  • Jan 28, 2010 6:06am Jan 28, 2010 6:06am
Sorry,

Correction for site. shortwayto.com/ForexCobra
  • #17,550
  • Jan 28, 2010 6:29am Jan 28, 2010 6:29am
Great, another $100K in 5 mths gimmick! As if forex trading is so simple, there would be many millionaire out there.

I am just pissed off with these kind of irresponsible marketing gimmick. Apologies.

Quoting E-Money
I saw an ad for Forex Cobra on utube. Went to the site to see what it was and if it was like this system. The site doesn't show anything on how it works. Do you know if someone is selling this? Site is sortwayto.com/ForexCobra.

Just thought you might want to know. They use the snake etc.
  • #17,551
  • Jan 28, 2010 6:37am Jan 28, 2010 6:37am
Hi Everyone

Any comments about this trade? Trade was entered after S1 line is broken. Entry based on M1
1) Both trix are red
2) M5 trix are also red and downwards
3) About 3 M1 candle after cross crosses.
4) Laguerre RSI is also downward sloping.

However, price reverses upward and signal long opportunity.

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-USD.jpg Size: 133 KB
  • #17,552
  • Jan 28, 2010 8:31am Jan 28, 2010 8:31am
Hi Everyone,

This is something which I had just learned to see overall trend and then use THV to look for an entry point. Hope you can provide some comments.

1) Downward sloping channel, therefore look for opportunity to short
2) Fibonacci drawn from high to low swing
3) Look at how price reached Fib level of 50% and reverse.

Foward looking: price will try to reach the upper limit of the channel before retraces downwards following the main trend.

Cheers and comments for improvement are welcome.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd.jpg Size: 138 KB
  • #17,553
  • Jan 28, 2010 11:18am Jan 28, 2010 11:18am
Quoting cobraforex
Right.

I recently had an email with a professional Poker player who wanted to enter in the FX game.

I told him that playing Poker is easy against FX trading as you have no rules, you can buy, sell, get credit (leverage) as you want and when you want.

That is too much freedom for many of the new traders which aren't customized to it and they need to find reasonable rules for themselfs, taking in account the equity and TF they wanna work with.

Even veterans of trading need to follow their rules, otherwise they will loose.

Never ever forget...
Hey all,

Guess what. I forced myself to follow the rules today and...

after waiting a very long time...

I found a trade, or as nobi would say, one came to me...

I took it...

AND WON 10 PIPS!

It felt good sticking with the rules and winning without worrying too much that my decision was wrong! wow, after 9 days with thv I've finally kept with the rules, and I thought that was the easy part!

Saw you guys chatting bout how fx companies were advertising like it's peanuts to make millions on forex. You're right, it is hard work and propably will always be but the reward is worth it! with a good system and rr ratio you could make 10% - 15% quite comfortably per month.

If you start with 10 000 and trade for 4 years while working making just 5% per month you end with: 104 012...

Thats better than I've heard of anywhere else? but even with that capital I wouldnt quit my day job! maybe quit when one has atleast 200 000!

I love what ifs... SO, ANOTHER 6 Years minimum for me then... But I enjoy my job, pity one can only do it until 34!

Anyone else have a good day?
@pawpaw1000 on Twitter
  • #17,554
  • Jan 28, 2010 11:23am Jan 28, 2010 11:23am
Quoting Emp
Hi Everyone

Any comments about this trade? Trade was entered after S1 line is broken. Entry based on M1
1) Both trix are red
2) M5 trix are also red and downwards
3) About 3 M1 candle after cross crosses.
4) Laguerre RSI is also downward sloping.

However, price reverses upward and signal long opportunity.

Thanks.

It looks like m5 was up just the slow was sloping down? Thats A definitive negative! and how did the other TF's look? If 30m and 1h is sloping down or newly crossed I would leave trade for a bit as there is a very good chance it will eventually hit your price (especially if trending down).

But with M5 up like that, I wouldnt have gotten in
@pawpaw1000 on Twitter
  • #17,555
  • Edited 12:37pm Jan 28, 2010 11:55am | Edited 12:37pm
I've got all the alert noises turned off, as I work mostly visually. I still hear a single ring (telephone style) that occurs every once in a while. Can't tell what triggers it. Help turning this off?
  • #17,556
  • Jan 28, 2010 1:29pm Jan 28, 2010 1:29pm
Quoting pawpaw1000
Hey all,

Guess what. I forced myself to follow the rules today and...

after waiting a very long time...

I found a trade, or as nobi would say, one came to me...

I took it...

AND WON 10 PIPS!

It felt good sticking with the rules and winning without worrying too much that my decision was wrong! wow, after 9 days with thv I've finally kept with the rules, and I thought that was the easy part!

Saw you guys chatting bout how fx companies were advertising like it's peanuts to make millions on forex. You're right, it is...
Good job! Stick with your rules, only make adjustments if your trades keep losing even after sticking with your rules, if that's the case, then read your notes for those losing trades and try to figure out why they lost, then adjust your rules as needed, then test again. Two things are a must in a trader if he or she wishes to become successful with it, discipline and patience, without either or, you're not going to make it as a trader.

I haven't been trading much this week, but trying to just watch PA with Dashboard, and trying to figure out just how I would use it to fit my personal trading needs and personality. I'll start to actually test trade it next week, even though it's actually not that good of a week to test trade since it'll be a slow one again with the non-farm coming.
  • #17,557
  • Jan 28, 2010 1:35pm Jan 28, 2010 1:35pm
Quoting agent6488
I've got all the alert noises turned off, as I work mostly visually. I still hear a single ring (telephone style) that occurs every once in a while. Can't tell what triggers it. Help turning this off?
I believe you need to go into THV Trix v1 and turn off chart color change somewhere near the bottom of the inputs.
  • #17,558
  • Jan 28, 2010 1:56pm Jan 28, 2010 1:56pm
Quoting Nobitacu
I believe you need to go into THV Trix v1 and turn off chart color change somewhere near the bottom of the inputs.
There is a Signal_Sound field that I seem to have left active. Not sure how I missed that one.....

Will try setting it to false.
  • #17,559
  • Jan 28, 2010 4:30pm Jan 28, 2010 4:30pm
Quoting MissPips
Oh gosh. Glad you like it! (The VarMA Rainbow is actually Bemac's
idea, I just prettied it up a bit)

I know it is something based on a Bemac's set up.

I remember your original THV v3 MTF template... The new one suggests me that you have worked a lot on the old template trying to improve it, and this means that probably it has a certain worth inside.

I've never used the rainbow in my trading, but your set up had motivated me to do it, I don't know why, it just happened that way. Actually I use your template not for entry signals, but to have a better idea of what is happening on M1, in particular I look for confirmations in case the mini trend starts changing direction and for a general sensation on m1. I use your set on all the cross pairs I trade.

And I like the pivot indicator inside, it seems to work very well!
  • #17,560
  • Jan 28, 2010 5:28pm Jan 28, 2010 5:28pm
Yesterday I had only one THV trade on GBPUSD during NY session.

I entered on a dashboard signal, and THV confarmation on m5/m1 TF, but first I waited for the bk of the fractal and previous H1 minimum level. After there was a H1 fractal break and it went strongly down.... Unfortunately I took a good part of the trade, but less of the half move; after some time I get feared and went out (but with good profit for me).
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD24102010.jpg Size: 132 KB
9 traders viewing now, 1 is registered:
cuogzuzu