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THV system, final edition

  • #18,161
  • Edited 6:48am Mar 26, 2010 6:27am | Edited 6:48am
The MTF cloud displays the status of the Ichimoku cloud on the higher timeframes, not the status of the Coral.

If you want to see the higher tf corals on the 1m use the T3 M5, T3 M15 etc indies or use the SwissArmy Mixed histo ePeriodType =13.

Quoting namasteparis
Hi! I'm new to THV system, spent days and night reading hundreds of pages of this forum, and would first thanx all of you for this great job! I tried using THV yesterday on CAC40 future (french) and worked well: 3 successfull trades over 3, and something like 130 pips!
Though, I have few questions that I haven't found answers.
I work mainly with 1M TF. I've installed THV V4.

*About Miss Pips ind MTF Cloud, I thought it gives coral line MTF display. I put parameter autoframe to False, and it should display 5M and 15M Coral state. But it doesn't....
  • #18,162
  • Mar 26, 2010 6:38am Mar 26, 2010 6:38am
Thanks a lot for this quick answer.

Also,the background color of the main frame changes to green, red, or 'cloudy'. I was not able to find any correlation with the existing indicators.

Can you pls explain me when exactly the background color of current TF change?
  • #18,163
  • Mar 26, 2010 8:28am Mar 26, 2010 8:28am
Having just recently completed reading the thread, yup, the entire thread - took nearly a week! - I decided I was ready to install and begin testing. Because across the thousands of posts I noticed some same questions about installation I decided to capture my install in the hopes that it would help someone else.

What I decided to do was keep this document as an "out of the box" install. There is so much customization that can be done that a document might not even be prudent. But my goal is to save folks who are just getting started from installation snags.

So I submit this for review, use, what ever. If I"ve errored or I should post this differently or in a different place please let me know. I"m not master FF user.

There are a number of folks to thank for putting forth such great effort for the common good - Cobra, traderathome, misspips, tradewell - to name a few. As I mentioned in my 1st post, I only trade the daily, up to now, and am a full time private trader. What I"ve seen of this system thus far is nothing short of spectacular.

I wanted to start off by giving a little back, very little indeed but if it helps one person I'll feel good.

Best of luck to all and may the pips be with you!!
Attached File(s)
File Type: zip THV4 Out of the Box Installation.zip   470 KB | 5,173 downloads
  • #18,164
  • Mar 26, 2010 9:03am Mar 26, 2010 9:03am
now that I created the out of the box install doc it gets me to wondering - does anyone trade the out of the box config? What really caught me from the very beginning of the thread was the original simplicity of the system. Over time it appears to have more and more to it. Not that it's a bad thing by itself. I'm just wondering about the level of complexity with all the customizations that one can do compared with the yield for those efforts. Compared to my bread and butter trading which would be, lets say a little cesna 150 (very small, basic airplane), the THV 4 with all the trimmings is the space shuttle. Everyone ofcourse has and needs their own trading style and customization/selection allows for a closer match to that. For sure. But has the original "simplicity" gone out with the bath water?

One possible repsonse would be "well then don't trade it buddy!" So don't get me wrong, out of the box, as it is I dig it totally. It's a miracle worker. I"m just talking out of the box vs. adding indicators/customizing.
  • #18,165
  • Mar 26, 2010 9:59am Mar 26, 2010 9:59am
Quoting windelevel
Hi,

I would like to know the most experienced, if I did something wrong with this trade.

Thanks
It seems like it was a good entry, but with divergence happening the other way, after your entry, you would have had a quick exit with only a small profit. Sometimes the entry is good, but does not develop into much.
  • #18,166
  • Mar 26, 2010 10:05am Mar 26, 2010 10:05am
Quoting darthpipius
...But has the original "simplicity" gone out with the bath water?....
I still trade with v3 because I think it works great for me and I just didn't see the need for v4. I like to keep my charts simple. One is not necessarily better than the other. We all need to find what works for us and what we are comfortable with.
  • #18,167
  • Mar 26, 2010 11:03am Mar 26, 2010 11:03am
Quoting TradeWell
I still trade with v3 because I think it works great for me and I just didn't see the need for v4. I like to keep my charts simple. One is not necessarily better than the other. We all need to find what works for us and what we are comfortable with.

THanks tradewell. not to shine you on or anything, but coming from you that goes a long way. If you saw my daily chart you might not believe it. IT's almost bare. I use PA primaritly with a few MA for guidance. BUt overall I use PA.

anyhow, thanks again. I'm going to download and install v3 now.
  • #18,168
  • Mar 26, 2010 12:21pm Mar 26, 2010 12:21pm
Quoting ricmi
My favorite situation in FX-divergence,fast scalp and +50.Deserved beer.
hI Ricmi

any chance you could post the Trix Cond Higher Time Frames Indi youve got on the left hand side of your 2nd chart

thanks
  • #18,169
  • Mar 26, 2010 1:09pm Mar 26, 2010 1:09pm
Nice!
Quoting darthpipius
Having just recently completed reading the thread, yup, the entire thread - took nearly a week! - I decided I was ready to install and begin testing. Because across the thousands of posts I noticed some same questions about installation I decided to capture my install in the hopes that it would help someone else.

What I decided to do was keep this document as an "out of the box" install. There is so much customization that can be done that a document might not even be prudent. But my goal is to save folks who are just getting started from installation...
  • #18,170
  • Mar 26, 2010 1:34pm Mar 26, 2010 1:34pm
Quoting PIPsmuggler
hI Ricmi

any chance you could post the Trix Cond Higher Time Frames Indi youve got on the left hand side of your 2nd chart

thanks
here is.
Attached File(s)
File Type: ex4 Trix_Test_Cobra.ex4   8 KB | 736 downloads
File Type: ex4 Trix_Test_Cobra2.ex4   13 KB | 862 downloads
  • #18,171
  • Edited 6:20pm Mar 26, 2010 6:08pm | Edited 6:20pm
Quoting windelevel
Hi,

I would like to know the most experienced, if I did something wrong with this trade.

Thanks
Probably you should check your TzPivots settings. PA bounced FPV at 1.3319. Also candles on your chart looks like filtered alot. At least on my chart PA touched FPV three candles later your entry. I had similar problem till I changed broker to ODL.
Attached Image (click to enlarge)
Click to Enlarge Name: EU04-1.jpg Size: 119 KB
  • #18,172
  • Mar 27, 2010 1:23am Mar 27, 2010 1:23am
Quoting adreamer
Probably you should check your TzPivots settings. PA bounced FPV at 1.3319. Also candles on your chart looks like filtered alot. At least on my chart PA touched FPV three candles later your entry. I had similar problem till I changed broker to ODL.
Attachment

Hello

Thanks for the help, but how do I know what is wrong in my indicator of Pivot?

My broker is GTM +2 ... I put on indicator GMT +2 too, I thought it was correct ..
I am Brazilian and I never give up!
  • #18,173
  • Edited 2:11am Mar 27, 2010 1:33am | Edited 2:11am
if i wanna use v4,
after i install and unzip all the template in MT4 folder "template",
do i just add the template "1 thv4 mtf" in the mt4 window?


second question,
i can't show the latest information which is covered by other indicators
(I fixed it already)
Attached Image (click to enlarge)
Click to Enlarge Name: 123.JPG Size: 143 KB
  • #18,174
  • Mar 27, 2010 8:14am Mar 27, 2010 8:14am
Quoting windelevel
Hello

Thanks for the help, but how do I know what is wrong in my indicator of Pivot?

My broker is GTM +2 ... I put on indicator GMT +2 too, I thought it was correct ..
i think you have correct pivots setup , but who is your broker?
  • #18,175
  • Mar 27, 2010 9:01am Mar 27, 2010 9:01am
Quoting ricmi
i think you have correct pivots setup , but who is your broker?
Hello,

My broker is Fxcbs. ( www.fxcbs.com )
He is GMT +2 ... Please, see the image if the configuration of my indicator is right.

Thanks

Attached Image
I am Brazilian and I never give up!
  • #18,176
  • Mar 27, 2010 11:40am Mar 27, 2010 11:40am
hm,fxcbs is usa broker.time zone GMt+2 is eastern part of europe.do they have a servers in this part of the world?If not,your +2 gmt is wrong.
  • #18,177
  • Mar 27, 2010 2:25pm Mar 27, 2010 2:25pm
I live in Europe, broker is GMT 0,
TzPivots settings is 0, my FPV for that day
is the same as adreamer has - 1.3319.
Wait for the Europe to go to summer time today evening.
Maybe will be ok?
Made in Ukraine
  • #18,178
  • Mar 27, 2010 7:11pm Mar 27, 2010 7:11pm
Just wondering, is THV a trading system that relates more to PA or it's more of a combination of several lagging indicators? I've read some interesting articles that talk about how 95% traders fail due to using a myriad of lagging indicators/EA because they didn't focus on the main essence of the market, which is Price Action.

Honestly, it's my Year One in trading and I'm still bewildered by the complexity and vast opinions of so many traders in what's actually good. You know, take everything, keep the good and throw the bad, but I just don't know which to keep. I've come across John Templeton's 'Trading in the Buff' and it looks really simple, which is one thing I look for in a trading system, but the question is how effective it is?

On the other hand, I've gained some pips from THV4 and happy about it, yet I still have that feeling that 'it's not simple enough'. It somehow makes me feel that I'm missing the price action and dependent on the indicators. Make no mistake, I think THV is an excellent system, I mean just look at the amount of contribution, participation and results of everyone in this thread.

I just hope that THV is somehow developed with PA in mind and there's someone to clarify that for me.

Thanks and congratulations to the THV team for coming up with such a marvelous trading system.
  • #18,179
  • Mar 28, 2010 12:49pm Mar 28, 2010 12:49pm
Quoting fxeturn
Just wondering, is THV a trading system that relates more to PA or it's more of a combination of several lagging indicators? I've read some interesting articles that talk about how 95% traders fail due to using a myriad of lagging indicators/EA because they didn't focus on the main essence of the market, which is Price Action.
Don't you also study "Past" price action?? Or you can see future price action? Leading indicator doesnt mean it can see the future.
  • #18,180
  • Mar 28, 2010 10:05pm Mar 28, 2010 10:05pm
Quoting ricmi
hm,fxcbs is usa broker.time zone GMt+2 is eastern part of europe.do they have a servers in this part of the world?If not,your +2 gmt is wrong.
Hello,

From what I know, the Fcxbs is in Dubai ...

I looked here on the platform and saw that now in this Fxcbs GMT +3 ... Check out the photo ...

Today, the line of Pivot is in EURUSD at 1.3378 ...

Attached Image (click to enlarge)
Click to Enlarge Name: pivot02.gif Size: 40 KB
I am Brazilian and I never give up!
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