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THV system, final edition

  • #17,861
  • Feb 21, 2010 10:47am Feb 21, 2010 10:47am
Quoting cobraforex
It might come the day but not this year.

I had a tough trading season start not following my own rules due to lack of concentration, that's one of the reasons why I'm not activly posting ATM.

I also almost forgot during the developement of THV that I have a private life with family and friends, all that needs some care.

Anyhow, what I had to say bout THV is said and most discussion is repeating, always take care to follow the rules and be concentrated while scalping.

Trade well folks.
No worries, we understand and respect your decision. I agree that family is very important. I too owe my wife a debt of honor when I took up forex full time where it is emotional stressful for everyone.
  • #17,862
  • Feb 21, 2010 12:03pm Feb 21, 2010 12:03pm
[quote=Buildcity;3484246]To Seller9,

The indi on top left corner is really nice, can it be shared?

PS - Actually - what I really want is an indi to show the TP, SL and Trailing Stop on main chart, anyone has similar stuff to share?

Thats part of the TzPivotsD_v3.4(Black).ex4
I just made a few changes to it.
I don't want to post the changed version as it isn't my indi.
I believe there are some of the THV templates that show some of the same info.
I believe caveman also had also had an EA that took control of your trade that may show what you want.
  • #17,863
  • Edited Feb 22, 2010 4:19am Feb 21, 2010 4:04pm | Edited Feb 22, 2010 4:19am
Attached are TzPivotsMW_v3.5 and TzPivotsD_v3.5 and the summary of changes is as follows:

TzPivotsMW_v3.5 -

1) In forex mode you can now display either the 4 or 5 digit format. If your platform is 4 digit and you choose the 5 digit format, a "0" is added to the displayed numbers. If your platform is 5 digit and you choose the 4 digit format, numbers are rounded off to 4 digits. This is was the only format previously available. Now you can display 5 digits on a 5 digit platform.

2) You now have the option to not display the line label for each catagory of pivot lines. Under certain conditions, not showing certain labels makes for a cleaner chart, but still totally comprehensible.

3) The label code for the various line placement options is modified so that the labels should now align exactly with the TzPivotsD_v3.5 labels for the same line placements.

4) The External Inputs Window is re-arranged.

TzPivotsD_v3.5 -

1) Same as "1)" above.

2) Same as "2)" above.

3) The unused Scroller feature is removed.

4) The Relabeler feature is changed to hard code and it's Comment panel is removed.

5) Five new features are added to the Data Panel.

One- Choose to not display the chart OHLC info in the upper left of the chart, and have the Data Panel display the pair ID and TF for you. This makes for a cleaner chart.
Two- Negative numbers (swap numbers) are shifted to maintain proper alignment.
Three- If your platform is 5 digit and you identify it as such in the Data Panel settings, then the range and spread information will appear normal/ same as on a 4 digit platform.
Four- You can separately select to display the spread in 5 digits.
Five- You have the option to display the time to the next candle, or not display it.
Six- Even if there are higher TF charts on which the indicator has been set to not display the pivots, if the Data Panel is selected then it will appear on those higher TF charts.

6) The External Inputs Window is re-arranged.



Two charts are attached. The first demonstrates the chart OHLC information in upper right above the TzPivotsD Data Panel, and all pivot lines shown have their labels. The second chart demonstrates no OHLC, and the mid-pivot lines are without labels. The second chart is just as comprehensible as the first, but less cluttered.

A note about OHLC. This is selected/de-selected in Chart Properties. To remove it, you must do so yourself by unchecking it in Chart Properties. Then, if you input in the Data Panel settings that the OHLC is not shown, the Data Panel will automatically shift up and show the Pair ID and TF for you.

A note about 5 digits. Some brokers already have 5 digit MT4 platforms, though some are "beta" for the time being. But MetaQuotes is going to release MT5, eventually, and maybe this summer I am told. One purpose of the 5 digit platform is that it allows brokers to be "more competititve" with spreads. So, maybe that means eventually they will all be offering it. Some indicators may have to be "altered" to work on MT5. Currently, I do not know how the TzPivots may be affected. But the addition of the 5 digit option allows those of you already using 5 digit MT4 platforms to display pivots in the 5 digit mode now, if you want to.

I encourage you to read thru the notes in the compile of the TzPivotsD_v3.5 indicator. The explanation of each input has been reworked.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 176.gif Size: 38 KB
Click to Enlarge Name: # 177.gif Size: 37 KB
Attached File(s)
File Type: mq4 TzPivotsMW_v3.5 (Black).mq4   43 KB | 2,069 downloads
File Type: mq4 TzPivotsMW_v3.5 (White).mq4   43 KB | 1,748 downloads
File Type: mq4 TzPivotsD_v3.5 (Black).mq4   94 KB | 2,452 downloads
File Type: mq4 TzPivotsD_v3.5 (White).mq4   94 KB | 2,063 downloads
  • #17,864
  • Edited 5:51pm Feb 21, 2010 4:49pm | Edited 5:51pm
t@h;CaveMan;Domas4....Thanks.
Hej.
  • #17,865
  • Feb 21, 2010 10:27pm Feb 21, 2010 10:27pm
hello sir
I want to know is the THV3 can used in GBP/JPY,GBP/USD, and USD/JPY ? and can I used the tf 1 hour sir ?
  • #17,866
  • Feb 21, 2010 10:42pm Feb 21, 2010 10:42pm
Nice work, thanks to all involved in creating this beauty.

Quoting traderathome
Attached are TzPivotsMW_v3.5 and TzPivotsD_v3.5 .
  • #17,867
  • Feb 22, 2010 1:52am Feb 22, 2010 1:52am
Quoting cobraforex
Nice work, thanks to all involved in creating this beauty.

I think that probably would be a good idea to update on the first page “Manuals and optional.zip”, or create a new folder with the last version of indicators (update version) of system.

Best regards,
Vasi
  • #17,868
  • Feb 22, 2010 2:18am Feb 22, 2010 2:18am
Hello All, hello Cobra and traderathome...

Thank you for this wonderful scalping system. I'm new to this system, and would like learn more about this system. I currently had installed the THV4 and found that the display panel EURUSD M5 is consuming my charts as I opened multiple TF in my screen. I, therefore, try to simplify my chart so that I can see more candles in my screen. I like traderathome pivot indicator and chart. I wonder if traderathome can share the THV basic trix indicator and coral also? Thank you so much...

Quoting traderathome
Attached are TzPivotsMW_v3.5 and TzPivotsD_v3.5 and the summary of changes is as follows:

TzPivotsMW_v3.5 -

1) In forex mode you can now display either the 4 or 5 digit format. If your platform is 4 digit and you choose the 5 digit format, a "0" is added to the displayed numbers. If your platform is 5 digit and you choose the 4 digit format, numbers are rounded off to 4 digits. This is was the only format previously available. Now you can display 5 digits on a 5 digit platform.

2) You now have the option to not display the line label for...
  • #17,869
  • Feb 22, 2010 4:00am Feb 22, 2010 4:00am
My apologies to all, but there was an error in the upgrade that caused the fib formula pivots to bunch up under certain circumstances, which I noticed on Interbankfx platform this morning. The error is fixed and the corrected TzPivotsD_v3.5 (Black) and (White) indicators have been reposted in the original post #17863. If you have downloaded prior to my posting this notice, then please go back and download again the corrrected version of the TzPivotsD indy. Thank you.
  • #17,870
  • Feb 22, 2010 6:05am Feb 22, 2010 6:05am
Quoting alif.romi
hello sir
I want to know is the THV3 can used in GBP/JPY,GBP/USD, and USD/JPY ? and can I used the tf 1 hour sir ?
yes, it can be used on all, but was actually made for 5m / 1m but It does work on 1 hour, just wait for good signals and dont buy unless all te rules are met...
@pawpaw1000 on Twitter
  • #17,871
  • Feb 22, 2010 10:16am Feb 22, 2010 10:16am
Why don't you visit Stratman in the commercial section under "pipware.com" , he programmed a new fantastic THV trix indicator and it's free.


Quoting dragonsoul
Hello All, hello Cobra and traderathome...

Thank you for this wonderful scalping system. I'm new to this system, and would like learn more about this system. I currently had installed the THV4 and found that the display panel EURUSD M5 is consuming my charts as I opened multiple TF in my screen. I, therefore, try to simplify my chart so that I can see more candles in my screen. I like traderathome pivot indicator and chart. I wonder if traderathome can share the THV basic trix indicator and coral also? Thank you so much...
  • #17,872
  • Feb 22, 2010 10:23am Feb 22, 2010 10:23am
Good idea but not right now as I'm still with an overload of work.

I will let you all know when it's time to do so and ask for your opinions what to add to a folder named "updates and optional" than.

Quoting vasi
I think that probably would be a good idea to update on the first page “Manuals and optional.zip”, or create a new folder with the last version of indicators (update version) of system.

Best regards,
Vasi
  • #17,873
  • Feb 22, 2010 12:07pm Feb 22, 2010 12:07pm
Quoting seller9
Here is the next version of the alert, I have added the MissPips 6 of 10 lights alert to it. You can read about this light system on the forst page of this forum. When you set it to true it will use the alerts
Attachment

Attachment
I tried to work today with this system and with the original, is similar but not
identical to that of misspips, or I go wrong?
  • #17,874
  • Feb 23, 2010 2:39am Feb 23, 2010 2:39am
hi discovered your system...very good... however for reversal it seems that u have to deal on M1 chart ..if not you lose precious pips...
attachment: i want to ask when you add up more to your position is it correct?
Attached Image (click to enlarge)
Click to Enlarge Name: cobra.jpg Size: 83 KB
  • #17,875
  • Feb 23, 2010 11:14pm Feb 23, 2010 11:14pm
hello sir
I used THV3 I want to know how to read signal for entry the price ?
  • #17,876
  • Feb 24, 2010 3:32am Feb 24, 2010 3:32am
Hi Jack,
I have recently decided to move from share trading to forex after some 3.5 years. I understand trend trading.

For my forex I have analysed the THV set up and now have four screens displaying both your suggestions and others. I am scalping on 5 mins on MT4 platforms.

So as to ensure quick response times I have increased my ram and changed my ISP.

I have done demo and after two weeks fairly happy with the results. On live trading I am only using 1% of my account until I am more confident.

I am however not getting acceptable hit rates - even when I strictly follow ALL RULES.

Would really appreciate if you could study my set up and 5 min trading strategies. Anything to help me achieve anyting near your 98% would be appreciated.

Thanking you in advance.

Methven - email [email protected]
_____________________________________________________


Quoting Jack Herer
hello everybody! It's been a while since my last post on this thread, have lots to catch up

I hope you are doing very well with THV, my semester at college started again so it's been dificult to attend classes, trade and post, but I'm on my way..

so far March has been a good month, only 13 trades so far, all winners =D

Last month I received a few MP asking about the way I trade THV and I'm gonna post my answer because I feel it can help others here as well (it's basic stuff don't worry)

------------------------------------------------------------------...
  • #17,877
  • Feb 24, 2010 5:33am Feb 24, 2010 5:33am
New very cool Candle Time and Session Time Clock indicators

Last "P4L Clock.mq4" update: Feb 23, 2010, posted new v2_7
Last "P4L CandleTime.mq4" update: Nov 13, 2009, posted new v1_2

http://www.forexfactory.com/showthread.php?t=109305
  • #17,878
  • Feb 24, 2010 8:17am Feb 24, 2010 8:17am
Quoting decidence


Section 2 - The Set Up
5. Note Trend direction, Trend SR's, Overbought/Oversold status and RSI

Section 3 - Identifying a Long Trade
Type 1:
12. No upcoming major resistance for at least 25pips

Hi,
I'm new to the forex market, just got the MT4 and THV V4, and I like it a lot. But I've got so many doubts and questions that I don't even know where to start.
Above quote is limited to those point I couldn't google!

Could you please explain the abreviations
Trend SR's
RSI
Major Resistance (I assume this is R1 or R2 but not MR1 or MR2)

Thanks for the help
  • #17,879
  • Feb 24, 2010 11:51am Feb 24, 2010 11:51am
Quoting rengel
Hi,
I'm new to the forex market, just got the MT4 and THV V4, and I like it a lot. But I've got so many doubts and questions that I don't even know where to start.
Above quote is limited to those point I couldn't google!

Could you please explain the abreviations
Trend SR's
RSI
Major Resistance (I assume this is R1 or R2 but not MR1 or MR2)

Thanks for the help
Go here first:

www.babypips.com
  • #17,880
  • Feb 24, 2010 1:33pm Feb 24, 2010 1:33pm
Made some changes as suggested by others and have added the H4 and D1 time frames to the alerts. Still under developement so not the end product yet.
Good Luck
Attached File(s)
File Type: zip Alert.zip   148 KB | 941 downloads
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