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THV system, final edition

  • #17,681
  • Feb 7, 2010 7:15am Feb 7, 2010 7:15am
Hey Misspips

cheers for the info Ive been checking out and testing your Swiss Army indi and I noticed that it repaints can you please explain the circumstances of when this occurs.

Also what settings have you found work best for your indi on the M1 & M5 charts

thanks
Quoting MissPips
Re the trix, the old versions could repaint one closed bar back. I've posted several posts about this explaining under what conditions this occurs - you will find them in the thread.

Regarding the newest version of the trix I don't know. I don't use it, but Cobra did mention that Statman had improved the code. I don't know what the improvements covered though.

Re the signal you want, no not really. The histo is limited to 4 rows so you can get the fast and slow trixes for two timeframes.

You can also use type 4. THe code for type 4 is

trxfastcurr...
  • #17,682
  • Edited 11:09am Feb 7, 2010 10:55am | Edited 11:09am
Here is a trade I got into by mistake on Friday and got stuck in over the weekend. I wasn't paying attention to the time of day and took this trade when the alert went off. I had the alerts hidden so I had to do a paste from another screen shot of the same trade. Normally they would be part of the first screen shot. As you can see I am OK and have almost reached the TP point. Hopefully it won't go the other way when the market opens today. The alerts in "ORANGE" are the ones set up to be used in this case, and you can see they were all "GREEN" at the time of the alert. Its not shown in this screen shot but I also checked the pivot points, support, and resistance to make sure I was not to close. It was between S3 and S2 at the time and had enough room to move up before hitting S2, so I took the trade, by mistake though, should not be trading Friday afternoon.
S3 = 1.3604
S2 = 1.3672
Purchase = 1.3648
SL = 1.3618
TP = 1.3672
Edit: For those interested, for the SL in this case I used the lowest low of the last five bars.
Attached Image (click to enlarge)
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Attached Image
  • #17,683
  • Feb 7, 2010 6:28pm Feb 7, 2010 6:28pm
Hey Seller9,

first of all congrats for your great EA. I really appreciate your work on this.
I was wondering if its possible to choose different MA types for the Trend Settings (EMA, SMA, WMA, etc.) and also to use just one MA. Im asking cause I want to use only a 20 SMA.
It would also be great if just the active alarms show on the chart. I mean the left and the right side, because when I set showInactiveAlarms to false only the lights on the right side disappear but not the text on the left.

Thanks and have a good one.
antti_autti
  • #17,684
  • Edited Feb 8, 2010 2:43am Feb 7, 2010 11:52pm | Edited Feb 8, 2010 2:43am
I[ve posted many posts in the past both about 'repainting' MTF indicators when added after the fact as opposed to viewed in realtime, and also about under what conditions the Trix itself (which is the basis for the SwissArmy trix rows) repaints. Please refer to those previous posts.

I don't trade the M5. For M1 I use the 6 points method, with the rainbow as a trend filter (i.e I take THV signals but not if they are against the rainbow trend unless it is a divergence trade) or 1-2-3 higher highs or lower lows with the rainbow as a trend filter and then look for either a 6 point trade or a regular THV trade in the direction of that trend. You can find descriptions in my previous posts.

Quoting PIPsmuggler
Hey Misspips

cheers for the info Ive been checking out and testing your Swiss Army indi and I noticed that it repaints can you please explain the circumstances of when this occurs.

Also what settings have you found work best for your indi on the M1 & M5 charts

thanks
  • #17,685
  • Feb 8, 2010 1:11am Feb 8, 2010 1:11am
lll check it out thanks

Quoting MissPips
I[ve posted many posts in the past both about 'repainting' MTF indicators when added after the fact as opposed to viewed in realtime, and also about under what conditions the Trix itself (which is the basis for the SwissArmy trix rows) repaints. Please refer to those previous posts.

I don't trade the M5. For M1 I use the 6 points method, with the rainbow as a trend filter or 1-2-3 higher highs or lower lows with the rainbow as a filter and then look for either a 6 point trade or a regular THV trade. You can find descriptions in my previous posts....
  • #17,686
  • Feb 8, 2010 1:13am Feb 8, 2010 1:13am
Hi, I am posting here an indie that I found pretty good to be used as MTF Cloud in Castlebrook trading style on m5 where two histo clouds of the same colour are the signal.

The WAE shows volatility as well, the main signal is the histo bar crossing tha MA of the indicator; the colour of the histo shows the direction of the momentum.


The indicator provides also some allerts. Give it a try, I believe it could be interesting. This indicator is usually combined with QQEs.
Attached Image (click to enlarge)
Click to Enlarge Name: WAE.jpg Size: 109 KB
Attached File(s)
File Type: ex4 Waddah_Attar_Explosion_indie.ex4   8 KB | 634 downloads
  • #17,687
  • Feb 8, 2010 2:01am Feb 8, 2010 2:01am
Quoting castlebrook
Trade Example 5

EUR/USD
1. PA been in short-term uptrend for more than a day. Heads up on 5 min chart (below) when the 5 min IC Histo turns green at 0825 hrs GMT.
[font=Times New Roman]2. [color=black][size=3]Price is above the 20 sma on the 5 min chart and above the Coral. The 20 sma is also above...
Can share a template and the complete set of indicators?
  • #17,688
  • Feb 8, 2010 2:28am Feb 8, 2010 2:28am
Quoting Sailorx
Hi, I am posting here an indie that I found pretty good to be used as MTF Cloud in Castlebrook trading style on m5 where two histo clouds of the same colour are the signal.

The WAE shows volatility as well, the main signal is the histo bar crossing tha MA of the indicator; the colour of the histo shows the direction of the momentum.


The indicator provides also some allerts. Give it a try, I believe it could be interesting. This indicator is usually combined with QQEs.
Looks interesting!
Can you please post a copy of the MA (I think it's the 20 sma you have there) that changes colour.

Thanks!
  • #17,689
  • Feb 8, 2010 2:38am Feb 8, 2010 2:38am
Quoting avsnsk
Can share a template and the complete set of indicators?
I've attached the templates. The indicators are already on this thread.
Attached File(s)
File Type: tpl THV1(2).tpl   22 KB | 746 downloads
File Type: tpl thv 5m1.tpl   21 KB | 734 downloads
  • #17,690
  • Feb 8, 2010 2:57am Feb 8, 2010 2:57am
Quoting castlebrook
Looks interesting!
Can you please post a copy of the MA (I think it's the 20 sma you have there) that changes colour.

Thanks!

Ma is Stratman's pipware Compass. Yes it is a 20 period MA on M5. I prefer to not post it here, since I know he takes care of his stuff to be downloaded only from his website.

I like how WAE indicator shows good moments for entries and for exits Instead of CLOUD MTF, it gives a similar signal but taking care of volatility and momentum it seems to be a better advisor.
  • #17,691
  • Feb 8, 2010 3:21am Feb 8, 2010 3:21am
Quoting Sailorx
Ma is Stratman's pipware Compass. Yes it is a 20 period MA on M5. I prefer to not post it here, since I know he takes care of his stuff to be downloaded only from his website.

I like how WAE indicator shows good moments for entries and for exits Instead of CLOUD MTF, it gives a similar signal but taking care of volatility and momentum it seems to be a better advisor.

Yeah I've got the compass. I don't see where you can programme the colour changes that's all.
  • #17,692
  • Feb 8, 2010 3:41am Feb 8, 2010 3:41am
Quoting castlebrook
Yeah I've got the compass. I don't see where you can programme the colour changes that's all.


I am sure you have got the compass version 2.0


The indicator plotted in my pic, is the version 1.0. This version has a coral skin and is 20 period in all TFs.
  • #17,693
  • Feb 8, 2010 4:19am Feb 8, 2010 4:19am
Hi all on the thread,

I've spent the last 3 month demo trading and researching Forex trading and have been bouncing around various systems to find one that suits me and that i'm confident can work. I have settled on THV after demo testing and have a good degree of confidence in it. I'm now fairly comfortable with S/R, trend lines and channels and PA but am just looking for a bit of reassurance from those who have good experience with THV that i'm on the right tracks with the system itself.

I now have THV loaded with the Swiss Army indicator and Trix and no other indies except the standard settings with the cloud and coral etc.. I am now going live and looking to scalp trades on EURUSD M1 and GBPUSD on M5. I'm looking for trades with the coral behind me, at least the same lights on two time frames higher on the swiss army indi and for a trix cross and colour change around 0 or higher for a long/lower for a short. I have the main pivots (S and R 1, 2 and 3) as well as sweet spots on there as well. Initially though, i'm looking for 5 pips on M1 with 1:1 R/R and 20 pips on GBPUSD with the same R/R.

Am I on the right tracks here and is there anything else I should consider having on my charts or any other pairs that are good to trade with THV? I realise you all get a lot of newbies asking dumb question so i'm very grateful to anyone who's willing to take the time to respond to me.

Cheers

Trotty
  • #17,694
  • Feb 8, 2010 5:10am Feb 8, 2010 5:10am
Quoting Sailorx
I am sure you have got the compass version 2.0


The indicator plotted in my pic, is the version 1.0. This version has a coral skin and is 20 period in all TFs.
AH! Got it thanks.
  • #17,695
  • Feb 8, 2010 5:12am Feb 8, 2010 5:12am
Does anybody trade the EUR/USD right now?

What is your position?
  • #17,696
  • Feb 8, 2010 5:49am Feb 8, 2010 5:49am
Quoting castlebrook
I've attached the templates. The indicators are already on this thread.
Thank you.
The Road appears under the steps of walking men...
  • #17,697
  • Feb 8, 2010 5:57am Feb 8, 2010 5:57am
Hi all

can this be consider a hidden bearish divergence?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-USD.jpg Size: 123 KB
  • #17,698
  • Feb 8, 2010 7:13am Feb 8, 2010 7:13am
Quoting antti_autti
Hey Seller9,

first of all congrats for your great EA. I really appreciate your work on this.
I was wondering if its possible to choose different MA types for the Trend Settings (EMA, SMA, WMA, etc.) and also to use just one MA. Im asking cause I want to use only a 20 SMA.
It would also be great if just the active alarms show on the chart. I mean the left and the right side, because when I set showInactiveAlarms to false only the lights on the right side disappear but not the text on the left.

Thanks and have a good one.
antti_autti
Hi
I can give you EMA, SMA, LWMA, and SMMA if that will work for you.
As far as a single MA, how would that be used? I already have the Coral which is a single MA. the 2 or 3 MAs that are there now are mainly to show a cross for direction, as was shown by Sailorx I believe in some of his posts.
I can turn off the entire inactive alarm both left and right column, but it would leave spaces between alarms where the inactive ones were. Otherwise it would take more of a rewrite which I don't have the time for right now to move them around.
Let me know if this would work for now.
  • #17,699
  • Feb 8, 2010 8:25am Feb 8, 2010 8:25am
+30
Attached Image (click to enlarge)
Click to Enlarge Name: ey3.gif Size: 53 KB
  • #17,700
  • Feb 8, 2010 10:07am Feb 8, 2010 10:07am
Quoting seller9
I think I forgot one of the indicators in the zip file so here it is again.
The Trix Called was missing. I also updated the txt file to reflect this.
Attachment
These indicators arrive at a good time. many thanks. Just one request, if it's possible - is there any way the diaplyed alert could be show horizontally as it is a bit difficult to see all the alert result on the vertical dispaly. Please ignore if this would prove too much work.
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