THV system, final edition

The candle below trendline mean " Bear Force are ready to fight "
MTF rules support them, I stand on Bear side.

Monmak why didn't your take the trade on EU which had the same setup?
Would have been a losing trade, obviously but why.

I dont know what trade you said.
But here I tried to continue down trend
But maybe PA was not enough power to break the second time.
And at that moment, I had already seen E/u too near trendline (still above).
PA run 9pips then pulled back. finally hit my SL.
I lost this trade because I was so greedy.
Mission Failed

Here is the good signal on E/u
but PA has not broken Trendline.
This is losing trade with good signal.
I never wanna take any trade like this.

Hi, Please can anyone help? I recorded my own user defined sound files for each pair that I trade (8 in total). The idea was to have (for example) "cable analyze buy" instead of the generic "analyze buy" and so on. I placed all the new sound files in the sounds folder of MT4 alongside the existing ones. Although it works with the bearish/bullish user defined files, I cannot get te analyze buy/sell or trix cross files to sound and instead, I get the normal "alert" sound with the pop up. Has anyone any idea how I can sort this? Thanks for any help

This trade was good

Same trade took my 10 Pips because of MS1.
I guess you stayed and closed at open, did you ?

No! that my mistake, I intended to let my profit run but, PA too fast, it hit my default TP (15pips only).

Thanks a bunch

Hi All

Just starting out here. Can someone point me in the right direction ref to cavemanager?

Im using the std THV4 template provided on the install but i have updated it to Cavemanager V1.41.

Can someone tell me how this works? Ive attached it and on the top right i see Cavemanager V1.41. But on the left of my chart i just get a batch of LABEL notes. Any ideas why i am getting this? When i entered a trade i see that it did not make any difference at all..

Also the EA that is currently out THV EA v1.12.ex4. I also attached this and nothing happens.

Am i seriously doing something wrong here? when i installed both the cavemanager and EA i simply placed the .ex4 file in the experts folder. Is th is correct?

thanks

Bob

Hi Tread!
Thanks for the great pictures and explanations!
Looks like you use ADX for the exit.
But I don`t see ADX at the pictures you post
Do you use ADX at higher TF or the same TF but at another charts?
And what rules? DI crossing means exit?
Thanks!

HI Badass

I have not found an accurate MTF ADX that displays all the multiple entries on the page like the pipware charts and MTF Trix. What I use is a blank chart with the ADX on, and just switch back and forward between timeframes.

The ADX has 3 lines ...ADX, -DI and +DI

ADX gives strength
the DI gives direction .....+DI long and -DI short.

I Watch on all 3 time frames but Use the 1M and 5M for the gauging the exits
Example:-
So if I am long and the -DI starts to show strength, then I know I need to start looking for the Exit... I would watch the 5M ADX to see is the change on the 1M has accumulated to a change there. If not It's a good chance it is a fakeout.

The "Cross" refers to the two Di switching ... where one was dominant, they flip and the other now comes ontop..... what this mean is that a trend reversal is occurring especially if the ADX is trending up


There are so many nuances of it that the only way is to spend some screentime.

for additional info, videos on utube for practical instructions



(i not affiliated with this, just found some of it useful)

Thanks, Tread!
I`ve just watched a couple of ADX videos (including this one).
They are great.

Thanks to ADX i didnt closed at Pivot or S1 in EU and GU some minutes ago, but stayed and grabbed some more pips

Edit : pic 1 = EU long
pic 2 = GU long

Glad it works, but remember to cross check on higher TF, Pivots, S&R are there fer a reason.

Did you take the long entry on the GU?

Edit:.....just saw the pic.

I did not take the trade as i did not want to trade against the trend this early in the session

Note how the price has now fallen below the MS2 level

Yes i took the GU trade but without checking ADX on higher Timeframes than M5.
There needs to be some kind of dashboard for several TF like the RSI dashboard in the attached picture.

Anyway the DI+ and DI- crosses seem to work very good too so in addition i can use as an oscillator.

Try it in "Scripts." Then try right clicking it in the "Navigator" column. (click on the chart you're working from first). Be careful - practice it in a demo account first.

Dashboards are nice to have, but I like to see the actually behavior of the lines, which is why I do not use the mtf histo indicator for trix , but the MTF Trix from pipware...it gives a feel for the behavior .... i guess it could work as a histo if programmed along the lines of the Trix MTF Histogram

Bob,

the CaveManager is working fine. You should use only one version, best the most recent one. If you drag the EA to the chart, check if

- Expert Advisors in MT4 is active (menu)
- Live Trading (Settings of CaveManager) is allowed

If correct, you should have a smiley in the right upper side of chart and a text 'CaveManager ..... Waiting for action' in the upper left side.

josch

Last one until the Sidney Session ....this pair is my favorite ...