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THV system, final edition

  • #19,841
  • Aug 17, 2010 5:17pm Aug 17, 2010 5:17pm
Quoting Tread
My da always said that I was a hothead and my ma always said she would beat it out of me ...... years latter guess who won that battle???

I apologize to all,...
so a new trend would be = green and a old one = red?

we'll probably need green on m1 and m5 to starting looking for entries correct? or do you want an m15 as well
  • #19,842
  • Aug 17, 2010 5:21pm Aug 17, 2010 5:21pm
thanks tread. so if it is 2 bars into it...does that translate to that its too late to take the trade.

 

  1. when you say 2 bars is that on m5? if not, which tf?
  2. volatile pairs: so is the indo more accurate on volatile pairs or non volatile pairs.

thank you,

  • #19,843
  • Edited 5:48pm Aug 17, 2010 5:36pm | Edited 5:48pm
Quoting samk090905
thanks tread. so if it is 2 bars into it...does that translate to that its too late to take the trade.

 

  1. when you say 2 bars is that on m5? if not, which tf?
  2. volatile pairs: so is the indo more accurate on volatile pairs or non volatile pairs.

thank you,

On a non volatile 2 bars in may not be an issue, so the indi alert will work, On a volatile pair 2 bars may mean 1/2 thru the trade.

Divergence is calculated on the TF you are lookin at.
There are two ways to use Divergence.... to Take Trades and Avoid Trades

Type 1.) You want to make sure you are not going long in a bearish divergence being formed on either the current TF or the immediate higher and the opposite for the short. If you rely on the indi you will go into the trade only to realize 2 bars in the short term trend is opposite.

Type 2.) You can wait for divergence to form and trade the type of divergence being formed (what i referred to in earlier post ...should have been a bit clearer...sry) ...

Of course THV core rules still apply for each. For the purposes of THV Scalping, I use the divergence to avoid trades.

I aslo trade Divergence as a method but that's on higher TF and not THV

Screentime ...and more screentime

As a example turn on the draw trend lines on the M1 on the Trix indicator and observe how it is formed and when it is displayed
  • #19,844
  • Aug 17, 2010 6:05pm Aug 17, 2010 6:05pm
Quoting Tread
I have been testing the Diamani Volameter 32, it works so far in keeping out bad trades due to low volatility ... it combines the ATR and Standard Deviation.

You can also add a "buffer" around the resistance line .... use an ATR based calulation (0.3*ATR) to calculate this , or a fixed number with user input this for various pairs

Probabliy the easiest would be to implement a "Same as Previous Candle" to stop it. basically it ensure that the previous candle is going in the direction of the trade

I googled this indicator, whats the deal with it, it doesnt show up to many places .Is it exclusive ?
Look at something long enough, you will eventually get it.
  • #19,845
  • Aug 17, 2010 6:34pm Aug 17, 2010 6:34pm
Of the Authors Website

http://www.damianifx.com.br/indicators1.php
  • #19,846
  • Aug 17, 2010 6:36pm Aug 17, 2010 6:36pm
Quoting rogerdoger
so a new trend would be = green and a old one = red?

we'll probably need green on m1 and m5 to starting looking for entries correct? or do you want an m15 as well
Sry Roger just saw your post, Green would mean a long trend, red means a short trend.
  • #19,847
  • Aug 17, 2010 6:49pm Aug 17, 2010 6:49pm
Quoting Tread
Sry Roger just saw your post, Green would mean a long trend, red means a short trend.
cool, and you'd at least want dots on the m5 and m1, or do you want an m15 as well?
  • #19,848
  • Aug 17, 2010 6:56pm Aug 17, 2010 6:56pm
It would be all, M1 thru M15
  • #19,849
  • Aug 17, 2010 7:02pm Aug 17, 2010 7:02pm
Here is the reworked M1 Alert to match up with what TREAD had in a previous post. I think I have most of the bugs out, will let it run on 10 pairs and see what happens. It also has the High?Low triggers if you want to use them. Read previous posts to make sure you have all the indicators it calls. It can be put on any chart time frame as the code is just for the M1, so it doesn't matter. Here are the rules.

M1 LONG: Fast-Trix, Slow-Trix, ADX > 25 and +D1 > 25, Bid above Ichi, Bid above Coral
M1 SHORT: Fast-Trix, Slow-Trix, ADX > 25 and -D1 > 25, Ask below Ichi, Ask below Coral
M5 Long: Fast-Trix, Slow-Trix, ADX > 25 and +D1 > -D1 and heading up, Bid above Ichi, Bid above Coral
M5 SHORT: Fast-Trix, Slow-Trix, ADX > 25 and -D1 > +D1 and heading up, Ask below Ichi, Ask below Coral
M15 LONG: ADX heading up, Bid above Ichi
M15 Short: ADX heading up, Ask below Ichi
M5 LONG Trend: 89 EMA, 144 EMA, 200 SMA, not in any order, Bid must be above all of them.
M5 SHORT Trend: 89 EMA, 144 EMA, 200 SMA, not in any order, Ask must be below all of them.

Good Luck
Attached File(s)
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  • #19,850
  • Aug 17, 2010 7:31pm Aug 17, 2010 7:31pm
what's up people! Took a break from trading. I come back and find out that cobra is leaving!!! A lot can happen in a week. Time to start up again.

I wish you the best cobra.
  • #19,851
  • Aug 17, 2010 7:34pm Aug 17, 2010 7:34pm
Quoting MissPips
1) I think that most people who are posting their trades are not doing it for their egos (look ma no hands) but to return a little something back of what they got from Cobra by helping others.

2) Cobra having given away this great system seems to have given some people a sense of overentitlement. I can think of several people who have contributed who appear to have been driven off by thoughtless posters, posters making demands, or posters being critical when demands were not met. However, other than common courtesy no one is really entitled to...
Well said. Especially No. 2
  • #19,852
  • Aug 17, 2010 7:50pm Aug 17, 2010 7:50pm
Quoting sed34
Happy Monday. Nice London open.

Trade log

August 9, 2010 2:14 AM US Time

Win:12
loss:1

Ratio:91.67%
Streak since last stop:4
Quoting rogerdoger
hi sed, I was wondering if you could share your current win % with the m1 thv strategy...

you are just trading the strategy itself and havent made any iterations to it correct?
thanks!
The above quote is where I stopped. I took a break. So the ratio hasn't changed. I haven't added any additional indicators. You don't need to. I see people adding rsi, macd, etc, but its just redundant. The system as it stands is all you need.
  • #19,853
  • Aug 17, 2010 10:43pm Aug 17, 2010 10:43pm
Quoting Nash84
Hi people,

it's my first trade on my new real account and it's not glory.

Can you say me where is the problem ? All adx and trix are up, the market is above the coral, and that broke a resistance. I take the position and directly the market go down and take my stoploss. It's on eurusd

Where is the fault please ?
Thanks
Sr for late post because I had a problem with my PC

Hi Nash and everyone got the same trade.

We need to notice psych level.

See the Pic
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  • #19,854
  • Aug 17, 2010 10:47pm Aug 17, 2010 10:47pm
Hi everybody,
I know this question should not be here but Im stay in this thread for a long time... and actually dont know whr to post.
Plz : could anyone let me know how to get EU's country debt auctions calendar (ei:Spain, Greece, Itali....)?
Thkx a lot.
  • #19,855
  • Aug 17, 2010 11:03pm Aug 17, 2010 11:03pm
monmak, thanks.... maybe i should open a seperate chart of the same currency to have it zoomed further out to get a continous idea of the big picture...

Quoting Monmak
Sr for late post because I had a problem with my PC

Hi Nash and everyone got the same trade.

We need to notice psych level.

See the Pic
  • #19,856
  • Aug 17, 2010 11:07pm Aug 17, 2010 11:07pm
monmak, for divergence, i've got the Stohastic oscillator up only at the default (5,3,3) i believe. what do you think about this?
  • #19,857
  • Aug 18, 2010 12:43am Aug 18, 2010 12:43am
Quoting chiba_san
monmak, for divergence, i've got the Stohastic oscillator up only at the default (5,3,3) i believe. what do you think about this?
To me, divergence show us "the trend is going to be slow". It help us to avoid a bad trade. For entry, divergence is always a risky trade and we need good trading skill and experience to take it.

Stochastic oscillator or any indis. We should work with them for a long time before real trading.
  • #19,858
  • Aug 18, 2010 3:40am Aug 18, 2010 3:40am
Quoting seller9
Here is the reworked M1 Alert to match up with what TREAD had in a previous post. I think I have most of the bugs out, will let it run on 10 pairs and see what happens. It also has the High?Low triggers if you want to use them. Read previous posts to make sure you have all the indicators it calls. It can be put on any chart time frame as the code is just for the M1, so it doesn't matter. Here are the rules.

M1 LONG: Fast-Trix, Slow-Trix, ADX > 25 and +D1 > 25, Bid above Ichi, Bid above Coral
M1 SHORT: Fast-Trix, Slow-Trix, ADX > 25 and -D1 > 25,...
Hi Seller

how to remove the M60 coral from the M5 Allert?
  • #19,859
  • Aug 18, 2010 4:06am Aug 18, 2010 4:06am
This was a good opportunity to make some easy pips..
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  • #19,860
  • Aug 18, 2010 4:56am Aug 18, 2010 4:56am
Quoting ricmi
This was a good opportunity to make some easy pips..
can u please give your thoughts as to why you use RSI to spot divergence as compared to others?

where's your trix by the way
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