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THV system, final edition

  • #19,301
  • Jul 28, 2010 10:19am Jul 28, 2010 10:19am
can you trade this system during news?
  • #19,302
  • Jul 28, 2010 10:23am Jul 28, 2010 10:23am
Quoting Tread
lol YES, some of the other pairs were HOT!!!

http://img261.imageshack.us/img261/705/201007280838.png
Impressive result Tread. How can you see good exit point?
Sideway market! I have to keep an eye on many level lines. 2 SL for today
http://cA2.upanh.com/10.741.14879488.ZPN0/untitled.png
  • #19,303
  • Jul 28, 2010 10:35am Jul 28, 2010 10:35am
A strange discussion.I am not using MTF histo to accurately entry, but to make a decision based on a complete picture market .Mtf histo is only one part of the overall market picture,and so far I have not had any problems.
  • #19,304
  • Jul 28, 2010 10:53am Jul 28, 2010 10:53am
Hi guys thsi is my first posting in this thread:
I went live today trading the EUR/USD:2 Trades 2 losses, maybe somebody can tell me what I did wrong!
1.


strong bull move waited for a small retrace of 5 pips and got in...suddenly strong sellers and got stopped out with -15


http://foto.arcor-online.net/palb/al...3832633365.jpg

2.Ok 2nd trade Entry green candle above cloud looking to go over Corel, rest green so far; I enter then strong pullback another -12!
http://foto.arcor-online.net/palb/al...3831363338.jpg

This is like Casino! Im so desperate....
  • #19,305
  • Jul 28, 2010 11:46am Jul 28, 2010 11:46am
Very, very difficult today. In this sideways market divergence (or double, tripple divergence) works well sometimes.
And for trending market it is good to use hidden divergence.
Maybe tomorrow we will see some clean trend
Attached File(s)
File Type: doc doc1.doc   117 KB | 633 downloads
  • #19,306
  • Jul 28, 2010 12:18pm Jul 28, 2010 12:18pm
Quoting Jonny473
Hi guys thsi is my first posting in this thread:
I went live today trading the EUR/USD:2 Trades 2 losses, maybe somebody can tell me what I did wrong!

1. strong bull move waited for a small retrace of 5 pips and got in...suddenly strong sellers and got stopped out with -15

2.Ok 2nd trade Entry green candle above cloud looking to go over Corel, rest green so far; I enter then strong pullback another -12!

This is like Casino! Im so desperate....

Jonny,

practising the THV here too - but: I'd say both trades you were executing with a lot of green MTFs, with trix at high/overbought level, both with 'exit long alert'. Without looking to another (higher) TF both pics look like shorts few minutes later at trix crossing down.

josch
trading is war - life is simple
  • #19,307
  • Jul 28, 2010 12:41pm Jul 28, 2010 12:41pm
ok. Another +10 pips on the E/U. I will start to keep a running total. Since I changed tactics 3 wins, 0 losses

Attached Image (click to enlarge)
Click to Enlarge Name: targets.gif Size: 40 KB


Quoting MissPips
Glad to here its working out for you.
I wasnt involved in the release of V4 so I dont know exactly what's in the histo. But if you use the SwissArmy histo you can set the hot param to match the trix in v4 (1.2 for v4, .7 for v3).

Also if you use eperiodType 3 it signals when there is a trix cross and the fast trix is the color of the cross direction and the fast trix is above 0.
Thanks for the tip. I will search for the indi and try it.

Quoting Etecy
Hey sed34 can you please share your template it looks really nice and kind of clean
There's no point for me to post it. If you look in the first page you will find it.

Quoting ricmi
You mean whole indy or only histo of 1.9.v.I have not noticed any greater disadvantage.Can you explain more precisely,thanx.
I meant the cross of the 0 line with higher timeframes. with that indicator it didn't seem to give me accurate results. Resulted in losers. So I took it off. Now I am on a winning streak.

Quoting Jonny473
Hi guys thsi is my first posting in this thread:
I went live today trading the EUR/USD:2 Trades 2 losses, maybe somebody can tell me what I did wrong!
1.

strong bull move waited for a small retrace of 5 pips and got in...suddenly strong sellers and got stopped out with -15

2.Ok 2nd trade Entry green candle above cloud looking to go over Corel, rest green so far; I enter then strong pullback another -12!

This is like Casino! Im so desperate....
Look into MTF. This what people here are doing now. It has a higher probability of success. And if you go your current route a tighter tp will help you out.
  • #19,308
  • Jul 28, 2010 1:29pm Jul 28, 2010 1:29pm
Quoting sed34
ok. Another +10 pips on the E/U. I will start to keep a running total. Since I changed tactics 3 wins,...
Hi sed thanks for the reply...I just finished going to most of the 1200 sites in this threads over the last 2 weeks and now you are saying MTF is the better system?
Do you mean the system by Indrek with MTF...why people here use MTF now?And why do you still THV if MTF has a higher rate of success?
Sorry for the noob questions..could have posted another Short entry and got stopped out again even most of the signals worked for the postion....
Ok I could argue that I should have watched for important SR lines...but honestly if you always watch out for them too much you cant open a position most of the time....
  • #19,309
  • Jul 28, 2010 1:40pm Jul 28, 2010 1:40pm
i think what sed is saying, maybe not, is that make sure and look at mtf's to enter a trade. so if m5 is indicating long; make certain that you look at h1 and h4 to see the direction of the trend. if the direction of the trend is long in both then the m5 trade will give you higher probability of success.

please clarify sed if this is not what you are talking about.
  • #19,310
  • Jul 28, 2010 1:44pm Jul 28, 2010 1:44pm
This EA is right here. See attachment[/quote]

Hi Monmak,

Could you let us know what strategy the EA is using?

Reza
  • #19,311
  • Edited 11:00pm Jul 28, 2010 2:05pm | Edited 11:00pm
Quoting Monmak
Impressive result Tread. How can you see good exit point?
Sideway market! I have to keep an eye on many level lines. 2 SL for today

When the market gets like this i use the ADX as an replacement to 1 of the MTF light requirment. values > 25 means a strong trend (short term) based on other inputs, it makes for reliable, today using this i netted approx 300pips. It gets hectic, but once that ADX keeps breaking that 25 line it's .

Below is a trade taken on CADJPY a pair that typical has a large spread ...got about 50 pips outta it.

http://img291.imageshack.us/img291/6...1007281644.png
  • #19,312
  • Jul 28, 2010 3:31pm Jul 28, 2010 3:31pm
I meant the cross of the 0 line with higher timeframes. with that indicator it didn't seem to give me accurate results. Resulted in losers. So I took it off. Now I am on a winning streak.



Sorry, but I think you are still misunderstood the purpose of histogram.Histogram indicates the level and timing when fast trix crossing slow trix,not zero line.
  • #19,313
  • Jul 28, 2010 4:20pm Jul 28, 2010 4:20pm
Hello MissPips,

Hope you are doing well and many thanks for the great support you are giving us all.

Can you please modify the Indi to let it give the sound alert based on "Bar Open" instead of "Bar Close"


Cheers,

Quoting MissPips
Hi all,

This is an indie to show either regular or HA candles with a popup or sound alert for the color change of an HA candle. Last time I posted it I removed the alarm because I (mistakenly) thought there was a bug in it.
Depict history, predict future, and the area in between ...
  • #19,314
  • Jul 28, 2010 8:32pm Jul 28, 2010 8:32pm
tread;

how long have you been using this setup for? meaning the adx setup? im surprised no one else is using this.

thank you,


Quoting Tread
When the market gets like this i use the ADX as an replacement to 1 of the MTF light requirment. values > 25 means a strong trend (short term) based on other inputs, it makes for reliable, today using this i netted approx 300pips. It gets hectic, but once that ADX keeps breaking that 25 line it's .

Below is a trade taken on CADJPY a pair that typical has a large spread ...got about 50 pips outta it.

http://img835.imageshack.us/img835/6...1007281644.png
  • #19,315
  • Jul 28, 2010 8:39pm Jul 28, 2010 8:39pm
Hi Folks

Would you care not to post that big ass pics please?

It makes browsing difficult for traders which don't handle 32 inchers.

And Sam, if somebody post that oversized charts don't be crazy to quote it without deleting the chart.

Thanks all.
  • #19,316
  • Jul 28, 2010 8:52pm Jul 28, 2010 8:52pm
Quoting trade4pip
Could you let us know what strategy the EA is using

Reza
We buy if the current value of the moving average is over the x last values of this same MA.

We sell if the current value of the moving average is under the x last values of this same MA.

We have several filters to only buy on oversold and sell on overbought.
  • #19,317
  • Jul 28, 2010 9:52pm Jul 28, 2010 9:52pm
[quote=Jonny473;3906448]

Distance between level lines are about 10-20 pips. that enough to scalp.
Be more security, I always go long when Coral's green, and PA have to be near the cloud because I think PA need free space to run with full of power.
  • #19,318
  • Edited 10:47pm Jul 28, 2010 10:16pm | Edited 10:47pm
Quoting samk090905
tread;

how long have you been using this setup for? meaning the adx setup? im surprised no one else is using this.

thank you,

Sam

I have been using ADX for years, it is one indicator i incorporate into any method i use.

With the THV system, it has been about 11months incorporated into my trading, like all indicators, it is not perfect, but when used right, it is very powerful. It was briefly discussed on page 796. Some just use the ADX level, but the DI's are also very important.

Depending on the pairs I use a period of 14 or 8.

Google it or search these forums for tons of additional info
  • #19,319
  • Jul 28, 2010 10:17pm Jul 28, 2010 10:17pm
Quoting cobraforex
Hi Folks

Would you care not to post that big ass pics please?

It makes browsing difficult for traders which don't handle 32 inchers.

And Sam, if somebody post that oversized charts don't be crazy to quote it without deleting the chart.

Thanks all.
Sry about that Cobra, noted
  • #19,320
  • Edited Jul 29, 2010 12:25am Jul 28, 2010 10:45pm | Edited Jul 29, 2010 12:25am
Hi Al Agha,

You're welcome. I don't think I understand what you are asking here. What the indie does is at the very beginning of each new bar it checks the previous bar and sees if it was red or green and alerts if there was a change in the trend from one to the other. If it were to check at the beginning of a bar whether that bar was red or green there would be no meaning to that because it would be based on the first tick of the bar only and that could change back and forth many times during the course of the minute.

Quoting Al-Agha
Hello MissPips,

Hope you are doing well and many thanks for the great support you are giving us all.

Can you please modify the Indi to let it give the sound alert based on "Bar Open" instead of "Bar Close"


Cheers,
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