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THV system, final edition

  • #18,901
  • Jun 28, 2010 6:59am Jun 28, 2010 6:59am
Quoting ArtfulDodger
I know how important MissPips is to the THV thread, but since her rainbow set up is getting so popular, would it be better suited for a new thread?

Maybe the THV data should be kept as pure as possible for newbies.

Just a thought.......please don't hurt me
That's an interesting thought. When I joined I read all the pages of this thread and continue to read every new post. Over the life of this thread there have been countless new indicators and templates presented. Originally I used to try them all but now I don't bother - I find it best (for me) to stick to the original THV3 in a bare bones form. I have also tried THV with other pairs but again I find it best to stick to the pair for which it was designed.

To the point about Miss Pips starting a new thread. I believe that there are already some other threads that cover the rainbow concepts. Even though I don't use her rainbow I have learnt a lot from Miss Pips and wouldn't want her to abandon us too much :-)

To reduce the number of posts one has to read I would like to see fewer "nothing" charts posted. I fail to see the point of posting a chart unless the poster says why it's of interest, asks or answers a question, says why, when and where a trade and profit or loss was taken etc. etc.
  • #18,902
  • Jun 28, 2010 10:06am Jun 28, 2010 10:06am
@scalpz:
yes. I think so, too.

@pipgame:
Yes. I fixed it temporarely till a Programmer may correct it... I get the Original "T@H"-Indicator from the Original THV4-Package and copied it twice and renamed it. Then you have three Indicators. one original with the two spaces, one with one space between "Coral" and "T@H" and one without any spaces.

It seems that this had no effect to other EAs and/or Indicators.

But... There are another "T@" with an input-paramter who enable/disable an "PA Crossig Coral"-alert. This alert can not switched. It jumps back to "true" after set it on "false" and had no effect... Also, if you wish to have an alert on "PA crossing coral" use this one who comes with "Alert20" from Seller9 or if you wish to have no alert use the original within the THV4-Package...

This error i have found costs some performance!!!


So Long!
  • #18,903
  • Jun 28, 2010 12:45pm Jun 28, 2010 12:45pm
Hi Harushi68,
Which is that indicator?
Can you upload it?
Attached Image
  • #18,904
  • Jun 28, 2010 2:39pm Jun 28, 2010 2:39pm
Cobra. How about THV system V3&V4 on Metatraider 5
  • #18,905
  • Jun 28, 2010 3:10pm Jun 28, 2010 3:10pm
hi seller9 or others;

i've tried to find the instructions on your indicator but the only thing i found was this: http://www.forexfactory.com/showthre...61#post3801061

can you or anyone else please post a link or explain how to use the indicator with miss pips' rainbow?


thank you very much

this indi:

http://img683.imageshack.us/img683/3...bowandindi.jpg




Quoting seller9
Here is a screen shot of a M1 chart of GJ and it shows some of the alerts, some are better than others. These alerts were when the rainbow and trix agreed.
Attachment
  • #18,906
  • Jun 28, 2010 3:41pm Jun 28, 2010 3:41pm
Quoting G_Power
Hi Harushi68,
Which is that indicator?
Can you upload it?
http://metatrader.pipware.com/
  • #18,907
  • Jun 28, 2010 5:04pm Jun 28, 2010 5:04pm
miss pips or others;

can someone please explain why it takes almost 1 minute to go from 1 tf to another with the rainbow? i've tried with different computers but same. i've taken out the indi's and just left the rainbow and the same. i have a quad processor,6gbram,1tb hd space. it's plenty fast for all applications.

please help.

here is the video to illustrate what i am talking about:
Inserted Video


please make the video bigger for clarity.

thank you to all and any.
  • #18,908
  • Jun 28, 2010 6:28pm Jun 28, 2010 6:28pm
Quoting vasi
http://metatrader.pipware.com/
Thanks vasi.
I thought it was free but it wasn't.
  • #18,909
  • Jun 28, 2010 7:42pm Jun 28, 2010 7:42pm
[quote=siim4945;3835580]hi seller9 or others;

i've tried to find the instructions on your indicator but the only thing i found was this: http://www.forexfactory.com/showthre...61#post3801061

can you or anyone else please post a link or explain how to use the indicator with miss pips' rainbow?

It just shows all the MAs from 2 to 100 in steps of 2 that correspond to MissPips rainbow. The shorter MAs are at the bottom and the longest one at the top. I also added the Trix to the alert. So wehn all the MAs are in alignment and the trix Fast, Slow, and Cross are in agreement with the rainbow, you will get an alert. Nothing fancy, just something to play with at this time untill I find a better use for it. I am working on differewnt combinations of alerts alonf with it to see if I can cut down the time I need to set in front of the monitor. The alert uses the same tiem frame of the chart you have it on.

Sorry, thats all there is to it untill I come up with a better use.

Good Luck
  • #18,910
  • Jun 28, 2010 7:48pm Jun 28, 2010 7:48pm
thank you seller;

i will try and make use of the description you delineated. again, thank you very much.
  • #18,911
  • Jun 28, 2010 7:50pm Jun 28, 2010 7:50pm
[quote=samk090905;3835777]miss pips or others;

can someone please explain why it takes almost 1 minute to go from 1 tf to another with the rainbow? i've tried with different computers but same. i've taken out the indi's and just left the rainbow and the same. i have a quad processor,6gbram,1tb hd space. it's plenty fast for all applications.

It takes a lot of horses to draw all those MAs.
I have a dual core running four different pair charts with the rainbow with several other alerts on each chart and it takes roughly 30 seconds to move between time frames. There has been times when I have tried to open to many charts and the computer goes out to lunch and I need to kill the program to get it back. I only have 1 gig of memory and should have more, but I will wait till I upgrade to a new computer in the future. If your hard drive starts trashing around a lot it means you need more memory. Open Task manager and watch the CPU usage, mine goes to 100% when I open these charts with the Rainbow on them. Of course, MT4 is not the greatest for speed anyway, I have hit the limits of it several times when trying to program some rather large EAs that have a lot of calulations.

Good Luck
  • #18,912
  • Jun 28, 2010 7:58pm Jun 28, 2010 7:58pm
thank you for replying to this as well. my hard drive space is plenty (almost 1tb--actually 950gb of 750 gb free). i have 6gb of free memory and a quad processor. so it is really fast for 90% of the applications.

i've tried to isolate the problem by just using the rainbow w/out any indi's and the same problem. when i just use the indi's, of course, the computer flies like a supersonic jet. but when i put the rainbow, it turns into a hindenburg. i cant imagine that the rainbow alone is using 99% of my cpu and ram. plus; i didn't find a similar complaint which tells me im doing something terribly wrong.

plus and most importantly: if we are scalping with the rainbow; the huge delay in switching tf's, would render this indi completely useless. by the time it goes to the next tf the trade is already "over."


thank you seller.
  • #18,913
  • Jun 28, 2010 10:13pm Jun 28, 2010 10:13pm
I open two windows .... one with the rainbow and the other for further analysis. It chews up some cpu's, but the switching problem goes away

so for each pair i have 2 charts 1- rainbow/2 - final analysis and order placement with cavemanager 1.41

Works pretty well so far
  • #18,914
  • Jun 28, 2010 11:08pm Jun 28, 2010 11:08pm
Quoting G_Power
Hi Harushi68,
Which is that indicator?
Can you upload it?
Friend find Ind_Alert_20A.ex4 in previous post. This showed only trix related things for multi time frame. Check this .. it may help you
  • #18,915
  • Jun 29, 2010 1:21am Jun 29, 2010 1:21am
Quoting Tread
I open two windows .... one with the rainbow and the other for further analysis. It chews up some cpu's, but the switching problem goes away

so for each pair i have 2 charts 1- rainbow/2 - final analysis and order placement with cavemanager 1.41

Works pretty well so far
tread;

thank you for the reply. wow, so you put them on separate charts? it's clever, but no one else seems to have this huge delay like you and i.

 

  1. is there a rainbow indi on its own? i will try the separate charts as well
  2. on the 2nd chart, do you have all the indi's except the rainbow on there?


thank you tread

  • #18,916
  • Jun 29, 2010 3:15am Jun 29, 2010 3:15am
Quoting Harushi68
@scalpz:
yes. I think so, too.

@pipgame:
Yes. I fixed it temporarely till a Programmer may correct it... I get the Original "T@H"-Indicator from the Original THV4-Package and copied it twice and renamed it. Then you have three Indicators. one original with the two spaces, one with one space between "Coral" and "T@H" and one without any spaces.

It seems that this had no effect to other EAs and/or Indicators.

But... There are another "T@" with an input-paramter who enable/disable an "PA Crossig Coral"-alert. This alert can not switched....

Thank you for advice, will try to fix it........

have a good trading day

pipgame
  • #18,917
  • Jun 29, 2010 3:18am Jun 29, 2010 3:18am
Iam sure there is a rainbow indi, but i have never seen one, the way of doing it now is not so bad...just add the individuals.

Yes the second template does not have the rainbow. If you want to see the rainbow on on a higher timeframe just open it on a third chart and leave it there.

The second chart (without the rainbow) i add and remove indis that I use for analysis as needed, depending on situation. This is strictly based on personnel style of trading. The core THV principles remain the same. The RULEZ should be adhered to for each trade.

Don't worry to much on what the others are experiencing, computers vary and this method using these indi draw a lot of resources
  • #18,918
  • Jun 29, 2010 3:42am Jun 29, 2010 3:42am
Today is a good example of how using the rainbow as an addtional trend filter helps screen out bad trades on a 1 min chart.

All the black lines are trades where price closed above the coral and there was a trix cross up, but the trade did not give 10 pips plus spread before stopping out. All the red lines are where price closed below the coral and there was at least a trix cross down, and the trade did give at least 10 pips plus spread without stopping out at 15 pips plus spread
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 93 KB
  • #18,919
  • Jun 29, 2010 4:05am Jun 29, 2010 4:05am
The VARMA is a complicated piece of code that calls a lot of functions and uses 8 buffers. In addition on the latest rainbow template I call it using I custom from MAinColor in order to get the color to change based on the direction so that's more calculations. However these calculations are only done on the entire chart when it is loaded (or inited as in a tf switch). After that it only calcs the current bar.

Therefore you can:

1) Reduce the number of bars in the chart drastically. If you are scalping you shouldn't need more than a few thousand bars.
2) Keep different the charts open for the timeframes you need so that you don't cause recalculation of everything by switching timeframe.
3) Use one of the regular rainbows not the VARMA rainbow. They put a lot less load on the CPU. The idea is just to use the rainbow to see the major trend and take THV signals in that direction, so any of them really work.

Quoting samk090905
tread;

thank you for the reply. wow, so you put them on separate charts? it's clever, but no one else seems to have this huge delay like you and i.

 

  1. is there a rainbow indi on its own? i will try the separate charts as well
  2. on the 2nd chart, do you have all the indi's except the rainbow on there?

thank you tread

  • #18,920
  • Jun 29, 2010 4:15am Jun 29, 2010 4:15am
Hmmm, poluting the ah, purity, of the thread. My apologies. I'll think about starting my own thread, and meanwhile I'll stop.


Quoting ArtfulDodger
I know how important MissPips is to the THV thread, but since her rainbow set up is getting so popular, would it be better suited for a new thread?

Maybe the THV data should be kept as pure as possible for newbies.

Just a thought.......please don't hurt me
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