THV system, final edition | Page 937 | 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

  • #18,721
  • Jun 11, 2010 8:09am Jun 11, 2010 8:09am
Better entry was several bars before.
But rainbow is compressed, I think.
And at the time of entry market was too quiet.
Could be risky.
Attached Image (click to enlarge)
Click to Enlarge Name: enter.JPG Size: 120 KB
Made in Ukraine
  • #18,722
  • Edited 8:40am Jun 11, 2010 8:22am | Edited 8:40am
Sorry but you can't do that. You can only look at the higher tfs from a lower one. Pay a visit to Stratman. I think he has indies that let you see the 1m on the 5m chart.

Quoting Tread
Hi MissPips


I notice that if i set the autotime frame to False it still does not show the time i want.

i a on a 5min chart and want to see the Trix on the 1m, so i set the autotime frame to false and the TimeFrame to 1, however it generates the Trix at 5M.

Could you look at this when possible?

Thanks Much
  • #18,723
  • Jun 11, 2010 8:26am Jun 11, 2010 8:26am
Quoting imperatorfr
oops, wrong signal ? if yes, why ?^^
- Yellow line show Divergence,
- Red Line was good signal for entry Buy,
Attached Image (click to enlarge)
Click to Enlarge Name: 1106201014h11.jpg Size: 238 KB
  • #18,724
  • Jun 11, 2010 8:31am Jun 11, 2010 8:31am
Quoting POSTiGA
- Yellow line show Divergence,
- Red Line was good signal for entry Buy,
thanks you
  • #18,725
  • Jun 11, 2010 8:37am Jun 11, 2010 8:37am
Quoting imperatorfr
i don't understand, I see only bull divergence.
Identical situation on M30 and H1 chart.
Attached Image (click to enlarge)
Click to Enlarge Name: div.gif Size: 62 KB
  • #18,726
  • Jun 11, 2010 8:50am Jun 11, 2010 8:50am
MissPips it was good entry ?
"some risky due rainbow trend " maybe !
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-06-12 eu.gif Size: 41 KB
  • #18,727
  • Jun 11, 2010 9:28am Jun 11, 2010 9:28am
Thanks for the quickly reply, much appreciated.


Quoting MissPips
Sorry but you can't do that. You can only look at the higher tfs from a lower one. Pay a visit to Stratman. I think he has indies that let you see the 1m on the 5m chart.
  • #18,728
  • Jun 11, 2010 10:54am Jun 11, 2010 10:54am
Quoting POSTiGA
it was good entry ?
"some risky due rainbow trend " maybe !
Well, yeah - it`s against coral and rainbow
But at the same time M5 and M15 trix were coming from OS.
Glad it worked out for you!
Made in Ukraine
  • #18,729
  • Jun 11, 2010 11:35am Jun 11, 2010 11:35am
That trade was fine by the regular 6 lights rules. In the regular 6 lights method a divergence counts for 4 points and you just need two more points - one of which has to be the 1m fast ( and it's better if the other is the 5 m fast). You don't need the coral and it's better if the rainbow looks extended and you can see that the lower low (or higher high) is not much lower (or higher) while the divergence is pronounced and the lower low wasn't much lower than the prevous. You had pretty good divergence on both the 1m and the 5m and it was around the pivot so we could expect some buying there. I don't like to show divergence trades here because they are tricky - you have to have a good feel for what kind of a day it is. If the market is on a tear, they can get you in more trouble than they are worth, especially newer traders. But if it's bouncing around without much direction they can be the best trades, especially if you have been trading long enough to have a good feel for how the pair is acting.

Quoting POSTiGA
MissPips it was good entry ?
"some risky due rainbow trend " maybe !
  • #18,730
  • Jun 11, 2010 4:04pm Jun 11, 2010 4:04pm
Attached is a spreadsheet showing my trades since January 1st to the close of the market today.

Just demo trading at this point. Trying to work out the kinks.

Attached File(s)
File Type: xls P&L SPREADSHEET.xls   42 KB | 509 downloads
  • #18,731
  • Edited 5:52pm Jun 11, 2010 5:35pm | Edited 5:52pm
How to use this THV system? I don't understand with all the colors and 1250(!!!) pages- when to buy when to sell?
  • #18,732
  • Jun 12, 2010 12:31am Jun 12, 2010 12:31am
Quoting Tal1983
How to use this THV system? I don't understand with all the colors and 1250(!!!) pages- when to buy when to sell?
Did you read the 1st post? It has some manuals... V3 and V4.
  • #18,733
  • Jun 12, 2010 4:45am Jun 12, 2010 4:45am
Quoting GrZack
Did you read the 1st post? It has some manuals... V3 and V4.
I didn't see the manuals- i saw one in spanish
  • #18,734
  • Jun 12, 2010 4:48am Jun 12, 2010 4:48am
Quoting Tal1983
How to use this THV system? I don't understand with all the colors and 1250(!!!) pages- when to buy when to sell?
It may be 1250 pages, but it is worth your time to read them all.

  • #18,735
  • Jun 12, 2010 5:18am Jun 12, 2010 5:18am
Quoting ArtfulDodger
It may be 1250 pages, but it is worth your time to read them all.

Yepp-yepp, this is the truth. I am in profit on my demo account for a while, I will test the method on my real account during the next week.
Just a quick note: +5, +8 pips per trade are enough scalping on M5. +20 pips overall a day, would be more than enough (for me)...
  • #18,736
  • Jun 13, 2010 9:03am Jun 13, 2010 9:03am
[quote=MissPips;3782635]Hi all I've made some more improvments to PeterD's Mtf trix.
You've probably noticed that it didn't update properly (and also had broken lines on those occasions) and if you wanted to know what the trix was actually doing on the higher timeframe for sure, you either had to check the appropriate histogram row, or click init to make it update.

I've fixed this version so it updates minute by minute when used on a lower timeframe to look at a higher one. (This saves also keeping the histogram on the chart to see where things really stand).


Hi Miss Pips !

I can't set up this indicator THV T3 Trix MTFv1.9wcolorhist.ex4
on M1 to show me the trix M15. It works only for M5.
It works only the old version THV T3 Trix MTFv1.5wcolorhist.ex4
I think that would be good if could see also the levels overbought / oversold for every timeframe M5, M15. Of course with red and green colors.

Could please, you put your templates ?

Thank you
  • #18,737
  • Jun 13, 2010 9:53am Jun 13, 2010 9:53am
Hi All,

My sincere apologies for the lame question, but i would like to know if this trading strategy (THV) is performing well, anyone trading it live?

Can anyone post some results?

how does the EA of this system compare?

thank you in advance
  • #18,738
  • Jun 13, 2010 10:59am Jun 13, 2010 10:59am
You need to set autotimeframe to false and autotimeframe2 to true in order for it to show the 15 trix on the 1m chart.

I posted my template recently here - all you need to do is replace the mtf indie with v1.9 so that it will update
continously.

http://www.forexfactory.com/showpost...ostcount=18619

[quote=vasi;3797646]
Quoting MissPips
Hi all I've made some more improvments to PeterD's Mtf trix.
You've probably noticed that it didn't update properly (and also had broken lines on those occasions) and if you wanted to know what the trix was actually doing on the higher timeframe for sure, you either had to check the appropriate histogram row, or click init to make it update.

I've fixed this version so it updates minute by minute when used on a lower timeframe to look at a higher one. (This saves also keeping the histogram on the chart to see where things...
  • #18,739
  • Jun 13, 2010 1:34pm Jun 13, 2010 1:34pm
Quoting vasi
I think that would be good if could see also the levels overbought / oversold for every timeframe M5, M15. Of course with red and green colors.

Could please, you put your templates ?

Thank you
To see OB/OS levels - just add them in the indi options.
They will be the same color, but it`s still better then nothing.
Made in Ukraine
  • #18,740
  • Jun 13, 2010 4:51pm Jun 13, 2010 4:51pm
Quoting spunkyone
Hi All,

My sincere apologies for the lame question, but i would like to know if this trading strategy (THV) is performing well, anyone trading it live?

Can anyone post some results?

how does the EA of this system compare?

thank you in advance
Hello spunkyone

I haven't begun to trade THV live yet, but I am on the verge of funding a mini account soon.

Still trying to work out the kinks in my trading so as to protect the account as much as possible.

I've attached a spreadsheet of my trades since January 1st of this year. I've had some ups and downs and I feel I could have softened the blow had I not made some stupid errors in judgment.

Live 'n learn I suppose!
Attached File(s)
File Type: xls P&L SPREADSHEET.xls   42 KB | 553 downloads
10 traders viewing now