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THV system, final edition

  • #18,441
  • May 12, 2010 11:00am May 12, 2010 11:00am
That's ok. All the versions work. 401 div is a little slower, probably
better for you if you are just starting out.


Quoting Bethel
hello fellow traders, i have a question i hope you can help me, im using v3 now, but the manual and my template slightly different in terms of the custom indicator, mine has THV 3 Trix v4.01 div, but on manual it does not have the div, does it make a diff?

thank you for reading and replying.
  • #18,442
  • May 12, 2010 12:05pm May 12, 2010 12:05pm
Quoting MissPips
That's ok. All the versions work. 401 div is a little slower, probably
better for you if you are just starting out.
thank you for your help and appreciate your quick reply
  • #18,443
  • May 13, 2010 4:11am May 13, 2010 4:11am
Just a comment about things I have learned about Forex trading.

You MUST choose a method of trading that you feel comfortable with.
Once you have made that decision, you need to really dig in and study
how that method works.

You also have to be constantly vigil and watch what the market is
doing. It can, and will, change directions at almost any moment. So
you have to be prepared for that to happen. Set hard stops far
enough away from the price that they don't get hit on a normal
price fluctuation, but definitely set a hard stop to protect the account
from a major trend change.

You really can't "set it and forget it" in this market. Things "happen"
and you need to be prepared to react to it.

Don't be afraid to take additional trades on retracements. If you are
relatively certain of a trend direction, and a trade you have already
placed has headed in a negative direction, a retracement trade can
provide some additional positive pips as the general trend continues.
But again, you have to keep your eye on the ball for an actual trend
reversal. You don't want to get into a situation where you are
throwing good money after bad!

The most important thing I have learned along the way is NEVER stop
adding to your Forex education. I try not to blindly follow everything
I run across, but many times I can take bits 'n pieces of other methods
of trading that I can apply to the method I am using that will make it
perform even better.

Happy trading to you all
  • #18,444
  • Edited 9:07am May 13, 2010 8:24am | Edited 9:07am
Hi Folks.

I hate to hijack this thread, but I really need a clarification on the Cave Manager.

1st issue:
I know it's made for handeling only one position per Symbol/Pair.
Does this mean one OPEN position or even only one Pending order.
I mean should the EA work if I place two pending orders which will never be active at the same time (because of SL/TP and direction).

I tried this scenario, but it seems that this is causing trouble with the CM. It's only paying attention to the first placed pending order. So if the second pending order is executed first, the CM is not doing anything - just watching the first Pending order.

2nd issue/question:
CM can simultaneously be used on different symbols/pairs, right?

Any clarification on that would be great.

By the Way: CavaMan, you did an excellent job on this EA. Very well documented, easy to understand and a ton of optins. Very unique.

Thanks.
MikeFT
  • #18,445
  • May 13, 2010 9:40am May 13, 2010 9:40am
Hi MikeFT,

1. CaveManager is not designed to handle pending orders. An order has to be mannually opened . Good that you brought this up. May include this in the next update.

2. You can load CaveManager on as many pairs as you want to. But, one CaveManager per pair. Otherwise you will have more than one CaveManager trying to close positions on the same pair.

Cheers,
CaveMan

Quoting MikeFT
Hi Folks.

I hate to hijack this thread, but I really need a clarification on the Cave Manager.

1st issue:
I know it's made for handeling only one position per Symbol/Pair.
Does this mean one OPEN position or even only one Pending order.
I mean should the EA work if I place two pending orders which will never be active at the same time (because of SL/TP and direction).

I tried this scenario, but it seems that this is causing trouble with the CM. It's only paying attention to the first placed pending order. So if the second pending order...
  • #18,446
  • May 15, 2010 2:32am May 15, 2010 2:32am
What am i doing wrong? Yesterday i've installed THV v4 but i can't trade it because when i put template (scalp) i see an intro (black letters on all screen with recommendations) How put it off the intro to be able to see charts?)
Aut cum scuto, aut in scuto
  • #18,447
  • May 15, 2010 8:57am May 15, 2010 8:57am
Hello Profit

look to the menu at the top.
Click on Chart, then Indicator List.

http://img190.imageshack.us/img190/9761/step1eb.png

A Menu Box will open up, look for "THV4 Trix V1.0" it should be located in "Indicator Window 1"

Select it and choose Edit.
A new box will open, scroll all the way to the bottom

Click on "Intro" and set to False
http://img3.imageshack.us/img3/9224/step3t.png
  • #18,448
  • May 15, 2010 3:50pm May 15, 2010 3:50pm
Quoting Tread
Hello Profit

look to the menu at the top.
Click on Chart, then Indicator List.

http://img190.imageshack.us/img190/9761/step1eb.png

A Menu Box will open up, look for "THV4 Trix V1.0" it should be located in "Indicator Window 1"

Select it and choose Edit.
A new box will open, scroll all the way to the bottom

Click on "Intro" and set to False
http://img3.imageshack.us/img3/9224/step3t.png
Sure it's so hidden i would never find it myself really
Aut cum scuto, aut in scuto
  • #18,449
  • May 15, 2010 5:35pm May 15, 2010 5:35pm
I'm following THV system versions almost 1 year. I'm very impressed about system and cobra's humanity. Sometimes i'm visiting cobra's web site too. But i'm never use this system. Hereafter i want to use this system and i want to scalp market too. But i know scalp is very diffucult and requires quick thinking. I need helps especially THV system, cobra's and other high level scalper participants.

As best i can, i'll be nonstop participant this tread. I want you to know that i'm forex and commodity trader almost 2 years, yes it's not to long enough, but this time period i'm traded full time almost and I have experienced many things. And I'm profesional software developer, i'm writing 15+ years. As i'll find time, I want to help, Who need help about writing about MT indicator, script or any other system, especially for development THV system.

Execuse me about my poor english. Good trading for all...
  • #18,450
  • May 16, 2010 2:22am May 16, 2010 2:22am
MissPips,

Kindly share with me the "Rainbow looking - around the PA - indicator" on your chart, it seems very useful and professional.


Thank you


Quoting MissPips
Hi MajorHunter,

I developed the MTF 6 point system last winter-spring (2009)...
Depict history, predict future, and the area in between ...
  • #18,451
  • May 16, 2010 3:28am May 16, 2010 3:28am
I"ll be happy to share, but which post are you referring to? (I have a different versions that I've posted screenshots of.)
Quoting Al-Agha
MissPips,

Kindly share with me the "Rainbow looking - around the PA - indicator" on your chart, it seems very useful and professional.


Thank you
  • #18,452
  • May 16, 2010 10:06am May 16, 2010 10:06am
MissPips

Post# 18444

Cheers,

Quoting MissPips
I"ll be happy to share, but which post are you referring to? (I have a different versions that I've posted screenshots of.)
Depict history, predict future, and the area in between ...
  • #18,453
  • May 16, 2010 10:45am May 16, 2010 10:45am
You will find the template and indies in the zip file in this post

http://www.forexfactory.com/showpost...ostcount=13856

The one you are interested in is RainbowAnalysis1a. I also like 3a - it is faster and provides some interesting insights as well.


Quoting Al-Agha
MissPips

Post# 18444

Cheers,
  • #18,454
  • May 16, 2010 4:43pm May 16, 2010 4:43pm
Thank you very much

Quoting misspips
you will find the template and indies in the zip file in this post

http://www.forexfactory.com/showpost...ostcount=13856

the one you are interested in is rainbowanalysis1a. I also like 3a - it is faster and provides some interesting insights as well.
Depict history, predict future, and the area in between ...
  • #18,455
  • Edited 11:18pm May 16, 2010 10:35pm | Edited 11:18pm
To all CaveManager users,

Just want to clarify one point raised by MikeFT.

Even though CaveManager is not designed to handle or act on pending orders, it will still work once the pending order becomes an opened order.

The only thing to take note of is that once you open a pending order, CaveManager will go into an order monitoring state and the status displayed will be as if an order has been opened. This may confuse some of you.

If you are confused, you may want to download this copy here that I just updated so that CaveManager does not go into an order monitoring state if it sees pending orders. The version number will stay the same as there is no change to the functionality of the original version in any way.

Be sure to always ensure that no matter how many pending orders you use, there should only be one active opened order for CaveManager to manage.

Cheers,
CaveMan


Quoting caveman
Hi MikeFT,

1. CaveManager is not designed to handle pending orders. An order has to be mannually opened . Good that you brought this up. May include this in the next update.

2. You can load CaveManager on as many pairs as you want to. But, one CaveManager per pair. Otherwise you will have more than one CaveManager trying to close positions on the same pair.

Cheers,
CaveMan
Attached File(s)
File Type: ex4 THV CaveManager v1.41.ex4   63 KB | 3,731 downloads
File Type: pdf THV CaveManager EA v1.41.pdf   103 KB | 5,520 downloads
  • #18,456
  • May 16, 2010 10:58pm May 16, 2010 10:58pm
Quoting caveman
To all CaveManager users,

Just want to clarify one point raised by MikeFT.

Even though CaveManager is not designed to handle or act on pending orders, it will still work once the pending order becomes an opened order.

The only thing to take note of is that once you open a pending order, CaveManager will go into an order monitoring state and the status displayed will be as if an order has been opened. This may confuse some of you.

............

Cheers,
CaveMan
Hi CaveMan,

i'm new here and very interested on this EA. I've tried to download the v1.41 but failed to download it. Please check the attachment. Thanks

I would like to ask whether this EA will open position for you automatically?

Thanks
  • #18,457
  • May 17, 2010 12:28am May 17, 2010 12:28am
Caveman, Great work!
Thanks a lot. This is making it much more straight forward for me and everybody else who is placing pending orders and at the same time looking for automatic "after open" trade management.

@ngandrewng: This should also answer your question.

Quote
To all CaveManager users,

Just want to clarify one point raised by MikeFT....
...The only thing to take note of is that once you open a pending order,...
  • #18,458
  • May 17, 2010 6:56am May 17, 2010 6:56am
Hello misspips, I have download your magnificent template "bemacsrainbow1c". This system filters much better the signs that strategy 6points basic. I am going to create an EA with this strategy.
I need to obtain the value of the indicator swissarmy in concretly to obtain the value of the M5 Trix Histo (type12), M15 Trix Histo (type12)... Also I need to obtain VarMa's value in concrete I am interested in the brown average.


It be be very grateful if you solve the problem.
A greeting!
  • #18,459
  • May 17, 2010 10:25am May 17, 2010 10:25am
Hello, I'm confused about the thv4 HA and mt4 candlesticks. Why the thv4 HA is different from the mt4 candlesticks. Is it natural? Thank you in advance.
  • #18,460
  • Edited 10:49am May 17, 2010 10:35am | Edited 10:49am
You can call VarMA using iCustom and get the value for buffer 0.
The brown MA is this one:

Attached Image


For the Trix histo use iCustom to call the T3 trix like this:

trxfastcurr =iCustom(NULL, prd, "THV T3 Trix",TrixNumberOfBars, A_t3_period, B_t3_period_ac,hot, MODE_MAIN, yy);


trxfastprev =iCustom(NULL, prd, "THV T3 Trix", TrixNumberOfBars, A_t3_period, B_t3_period_ac,hot, MODE_MAIN, yy+1);


trxslowcurr =iCustom(NULL, prd, "THV T3 Trix", TrixNumberOfBars, A_t3_period, B_t3_period_ac,hot, MODE_SIGNAL, yy)


trxslowprev =iCustom(NULL, prd, "THV T3 Trix",TrixNumberOfBars, A_t3_period, B_t3_period_ac,hot, MODE_SIGNAL, yy+1);//

and check the values like this

if ( trxfastcurr - trxslowcurr < trxfastprev-trxslowprev && trxfastcurr < trxslowcurr)//red histo

else if ( trxfastcurr - trxslowcurr > trxfastprev-trxslowprev && trxfastcurr < trxslowcurr)//green histo


if ( trxfastcurr - trxslowcurr < trxfastprev-trxslowprev && trxfastcurr > trxslowcurr)//red

else if ( trxfastcurr - trxslowcurr > trxfastprev-trxslowprev && trxfastcurr > trxslowcurr) //green



Quoting palpo
Hello misspips, I have download your magnificent template "bemacsrainbow1c". This system filters much better the signs that strategy 6points basic. I am going to create an EA with this strategy.
I need to obtain the value of the indicator swissarmy in concretly to obtain the value of the M5 Trix Histo (type12), M15 Trix Histo (type12)... Also I need to obtain VarMa's value in concrete I am interested in the brown average.


It be be very grateful if you solve the problem.
A greeting!
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