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THV system, final edition

  • #19,001
  • Jul 4, 2010 5:04am Jul 4, 2010 5:04am
Quoting MissPips
Thanks for the kind words Joe. As another one of us old (er, I mean life-experienced) folks, I always value your opinion. I didn't really want to start another thread, but I dont want...
Hello MissPips

I have given it some thought and decided maybe my viewpoint was wrong. Your "Rainbow Coalition" may be right about taking THV and making it even better. I have always believed that Forex education is a never-ending process, and so I have decided that I should just go ahead and dive into the deep end of the pool and swim my way out!

I will jump into the Wayback Machine and find the beginning of your Rainbow entries and study up a bit. Then I will install the template(s) and see where it leads me.

Thanks for all of your kind words amidst the onslaught. Sometimes people can be pretty darned direct with their reactions on forums such as this, and your words helped me survive it all.

I have always appreciated your input here, and always will.

  • #19,002
  • Jul 4, 2010 6:14am Jul 4, 2010 6:14am
Quoting Vanhook2
See this post:
http://www.forexfactory.com/showpost...ostcount=18993
THANK YOU MR Vanhook 2
I need this indicators FM Signal Filter and DS 1a and DS 2c
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  • #19,003
  • Edited Jul 5, 2010 12:02am Jul 4, 2010 11:44am | Edited Jul 5, 2010 12:02am
Hi ArtfulDodger,

Glad you decided to stay!I think it's very important to have new perspectives in the thread - that's what keeps it alive. Regarding the rainbow , it is only about THV indirectly, since THV is a trend trading methodology and the Rainbow is about helping visualize the direction and strength of the trend. Some people don't need the rainbow to do that - they can see it with one or 2 moving averages (instead of 50), and others (the ones who trade naked) can do it just by looking at the price bars. Personally I find I can unstand what the trend is doing by looking at the interplay of the colors (and where price is in relation to them) much better than by looking at the price bars alone. The odds are in your favor more if you trade with trend and if you sell a top/buy a dip reasonably early to middle trend rather than late. That's all there is to it. If you can already see the trend without the rainbow then you don't need it. But if you do watch it then it may show you some things you woudn't have seen other wise. Here is one example that I have come to recognize that I don't think I would have seen otherwise. When I see this what I call 'unsupported' price action and then the rainbow flips it's usually look out below (or above). You dont see this too often but when you do it's usually meaningful.
Attached Image (click to enlarge)
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You can see the exact same pattern in the one min tf in this post here from a few months (took me a while until I cottoned on to it but that's what I mean that if you watch long enough you may start to recognize some patterns you wouldn't have seen otherwise..)
http://www.forexfactory.com/showpost...ostcount=18246

I'd have recognized the triangle in both cases, but not the direction in which it was likely to break out.

Quoting ArtfulDodger
Hello MissPips

I have given it some thought and decided maybe my viewpoint was wrong. Your "Rainbow Coalition" may be right about taking THV and making it even better. I have always believed that Forex education is a never-ending process, and so I have decided that I should just go ahead and dive into the deep end of the pool and swim my way out!

I will jump into the Wayback Machine and find the beginning of your Rainbow entries and study up a bit. Then I will install the template(s) and see where it leads me.

Thanks for all of your kind...
  • #19,004
  • Jul 4, 2010 11:28pm Jul 4, 2010 11:28pm
Hello Misspips

I am may be a junior member because this forex and metatrader is new for me. I am using Mulricharts and Tradestation from tssupport.com past four years in future market. I red all about THV and it helped me lot. thats why i want to contribute but I am not a coder..

I tried to Make EUR Trix and UDd Trix (page 1261) but it repaints ..

Advantages of EUR Trix and USD trix
1. we can avoid sideways and non strengthen movements
2. we can catch 30+ pips
3. setup also very simple only EUR trix and USD trix.

Please check the coding and concept. if it ignorable i wont disturb any more..

Thanks for opertunity
  • #19,005
  • Jul 5, 2010 12:54am Jul 5, 2010 12:54am
People,

How many pips are you gaining a day using this system?
Is only a question to know what performance do you have...
  • #19,006
  • Jul 5, 2010 1:09am Jul 5, 2010 1:09am
Had an email this weekend from one of our fellows here.

He asked what is more important, the entrance or exit.

My answer is that both are important but your MM depends 100% on your exit and that makes your account to grow or not.

When you enter you have to have a clear idea when your position is valued and when it’s over.

This depends a lot on the TF you trade but also your MM, don’t add never a position to a trade that runs against you, execute it in TP or SL but do it.

You have to have a trading plan with a clear entry and exit point, don’t be afraid to execute a SL, that is part of the game, you only have to care that your MM let you win more than you lose.

The exit point depends much on your TF, use a reasonable SL, Yen pairs should be more flexable than E/U as they are more volatile.

You have to be very hard with your decision and don’t move your SL which is well thought out.

To the above question: this system or better called method is made for a 40 pips daily target but you have days in which you can’t get it so don’t force yourself to take an avenger trade, just take it like it is, a new day is a new day with the same ol’ rules.

Hope that helps
  • #19,007
  • Jul 5, 2010 1:29am Jul 5, 2010 1:29am
Could be a good idea but I only trade EURUSD so I don't have any particular expertise to contribute here. Re checking the coding I have my own coding projects that I am working on and really don't want to get involved in fixing bugs in other peoples coding projects right now.

Quoting arunsideas
Hello Misspips

I am may be a junior member because this forex and metatrader is new for me. I am using Mulricharts and Tradestation from tssupport.com past four years in future market. I red all about THV and it helped me lot. thats why i want to contribute but I am not a coder..

I tried to Make EUR Trix and UDd Trix (page 1261) but it repaints ..

Advantages of EUR Trix and USD trix
1. we can avoid sideways and non strengthen movements
2. we can catch 30+ pips
3. setup also very simple only EUR trix and USD trix....
  • #19,008
  • Jul 5, 2010 1:34am Jul 5, 2010 1:34am
Another add:

Don’t get motioned in FX, this is one of the hardest way to make your day, patience and self control is essential.

When you just start up you will love FX, the great people you met in FF and all that, but it’ll come the day when it’s a hate/love relation to FX and you will get bored to look all the bloody time at you workstation as it’s always the same shit.

Trading is boring and who says that it’s not, isn’t really ready to trade bigger amounts, just my personal opinion.

I have my fixed time to trade today, when I just started I did it in access and lost many opportunities for a healthy social live, take it as a job as any other.

When I recognized that I had far too many hours in front of the screens I saw that there are birds in the trees and folks playing cards in the beach, things that I forgot about while being glued to the screens.

Think about that and ask yourself if you still give the ones that love you the time they deserve.
  • #19,009
  • Jul 5, 2010 1:57am Jul 5, 2010 1:57am
Quoting cobraforex
Another add:

Don’t get motioned in FX, this is one of the hardest way to make your day, patience and self control is essential.

When you just start up you will love FX, the great people you met in FF and all that, but it’ll come the day when it’s a hate/love relation to FX and you will get bored to look all the bloody time at you workstation as it’s always the same shit.

[font=Arial]Trading is boring and who says that it’s not, isn’t really ready to trade bigger amounts, just my personal...

Wise words.

But, after about 10 mins with the "loved ones," I'm more than ready to hit the screens again
  • #19,010
  • Jul 5, 2010 3:00am Jul 5, 2010 3:00am
Quoting MissPips
Could be a good idea but I only trade EURUSD so I don't have any particular expertise to contribute here. Re checking the coding I have my own coding projects that I am working on and really don't want to get involved in fixing bugs in other peoples coding projects right now.
Thank you for your kind reply.
First I dont think this is other peoples idea. I thought THV is helping each other and I just try to contribute which i knew. I saw many post and coding by you thats why just ask help. Sorry if I hurts you.

Thanks again
  • #19,011
  • Jul 5, 2010 3:08am Jul 5, 2010 3:08am
Hello,

First setup for today
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  • #19,012
  • Jul 5, 2010 3:16am Jul 5, 2010 3:16am
Good one for a fast shot postiga, I'm still sitting on my hands till we get out of the H1 sideways moves between DP and MS1.

Why I have to trade sundays and a US bank holiday on top????

Maybe I don't have nothing better to do.
  • #19,013
  • Jul 5, 2010 3:32am Jul 5, 2010 3:32am
Hi Cobra,for some time trying to make a similar indicator, but nothing.Please,can you post or share this info indy?
Thanks in advance.
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  • #19,014
  • Edited 9:40am Jul 5, 2010 3:51am | Edited 9:40am
I'm not hurt. I think it's possible that it could be a good idea and it's nice that you shared it. But since I only trade the EURUSD I don't have any special expertise to contribute. Regarding the coding, debugging, especially debugging something that is someone else's work is very time consuming (if you've read the thread then you know that I didnt code the original indie that you modified, which makes it 'other peoples' in relation to me ).And as I said I am busy working on something of my own in my spare time away from trading so I don't want to get involved with doing that right now.

My version of helping out where it comes to coding is more or less that I prefer to work on things that interest me personally and then share them later if I think they work rather than spending my time on coding or debugging ideas that others suggest unless I also find them very interesting. I have done that in the past but haven't found it to be very satisfactory. I'm just not that great of a coder, so what I find motivating is to see an idea that I'm interested in get validated or not and not the coding per se.

Maybe one of the other coders in the thread will take up the idea.


Quoting arunsideas
Thank you for your kind reply.
First I dont think this is other peoples idea. I thought THV is helping each other and I just try to contribute which i knew. I saw many post and coding by you thats why just ask help. Sorry if I hurts you.

Thanks again
  • #19,015
  • Jul 6, 2010 9:21am Jul 6, 2010 9:21am
Quoting MissPips
I'm not hurt. I think it's possible that it could be a good idea and it's nice that you shared it. But since I only trade the EURUSD I don't have any special expertise to contribute. Regarding the coding, debugging, especially debugging something that is someone else's work is very time consuming (if you've read the thread then you know that I didnt code the original indie that you modified, which makes it 'other peoples' in relation to me ).And as I said I am busy working on something of my own in my spare time away from trading so I don't want...
Thanks for reply ...

Anyone in this form just look that idea. Thanks in advance
  • #19,016
  • Jul 6, 2010 9:33am Jul 6, 2010 9:33am
Can any one give suggestion please

I read about "Pipware Dashboard"(not yet used) and also "Ind_Alert_v20A"(using). I got signel alert for THV with rainbow filter concept.
I found no difficulty in Ind_Alert_v20A ..

Can you suggest me weather "Pipware dashboard" have any special future?

Kindly post suggestion .. I plan to buy if really help full.

[Note: Forgive my english]

Thanks
  • #19,017
  • Jul 6, 2010 9:45am Jul 6, 2010 9:45am
Quoting cobraforex
Good one for a fast shot postiga, I'm still sitting on my hands till we get out of the H1 sideways moves between DP and MS1.

Why I have to trade sundays and a US bank holiday on top????

Maybe I don't have nothing better to do.
Maybe
One trade for sunday
  • #19,018
  • Jul 6, 2010 10:25am Jul 6, 2010 10:25am
Hi, how can I leave that THV3 Indicator?

Attached Image (click to enlarge)
Click to Enlarge Name: tpl.gif Size: 73 KB


in indicators list I can't find it.....

thank you
  • #19,019
  • Jul 6, 2010 10:52am Jul 6, 2010 10:52am
Hi Vurbileron

See Attached.

Tread
Attached File(s)
File Type: ex4 THV3 InfoPanel.ex4   27 KB | 567 downloads
  • #19,020
  • Jul 6, 2010 10:56am Jul 6, 2010 10:56am
Quoting Tread
Hi Vurbileron

See Attached.

Tread
maybe I'm not explained well... I need to remove it from the template
I know its name is this of your attachment but it doesn't apper in "indicators list"
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