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  • #601
  • Aug 17, 2010 11:16am Aug 17, 2010 11:16am
Quoting pgpb
NG

What is that candle off to the right of your chart?
It looks like a daily candle?

See image

thx

PGPB
I used to trade THV and I like their indicator. They are pretty well done. That candle is supposed to show us how far the current price from the opening price. Green means we're above, red means we are below open price. So another way to say is that is the daily candle...

That candle came along if we use THV daily pivots in our chart.

Btw... Just lost 20 pips today..
So I am at +160 from lastweek...

Better luck tomorrow...
  • #602
  • Aug 17, 2010 11:24am Aug 17, 2010 11:24am
Quoting NiceGuy
I used to trade THV and I like their indicator. They are pretty well done. That candle is supposed to show us how far the current price from the opening price. Green means we're above, red means we are below open price. So another way to say is that is the daily candle...

That candle came along if we use THV daily pivots in our chart.

Btw... Just lost 20 pips today..
So I am at +160 from lastweek...

Better luck tomorrow...
Can you tell me the name of the indicator and I will go and download it.
There are lots and lots of indicators in that thread

THV is a pretty good system
  • #603
  • Aug 17, 2010 11:28am Aug 17, 2010 11:28am
Quoting pgpb
Can you tell me the name of the indicator and I will go and download it.
There are lots and lots of indicators in that thread

THV is a pretty good system
Yes.. THV was my entry system to this Forex business. Did pretty good with their trading system in the past, but I wanted something more aggresive so I moved on...

Btw.. the name is THV4 TzPivotsD (black)...
  • #604
  • Aug 17, 2010 12:28pm Aug 17, 2010 12:28pm
NiceGuy,
The way how you use THV Coral was a very useful addition to my system that is based on the same logic as PM Forex and TrendMagic. I had not figured out by myself how strong gravity power the indicator has
Thank you!
Just wanted to specify what settings do you use for Nonlag MTF? How many dots for the arrow on what timeframes?
  • #605
  • Aug 17, 2010 1:03pm Aug 17, 2010 1:03pm
Quoting NiceGuy
I used to trade THV and I like their indicator. They are pretty well done. That candle is supposed to show us how far the current price from the opening price. Green means we're above, red means we are below open price. So another way to say is that is the daily candle...

That candle came along if we use THV daily pivots in our chart.

Btw... Just lost 20 pips today..
So I am at +160 from lastweek...

Better luck tomorrow...

So, you are back to your favorite pair...EU...you always do well with that pair.


BTW, your 20 pips loss...in almost all your previous wins, you had 3 or more up candles in a row, then a down candle. Your latest post only had two ups, then down, then up, then down.

Looks like the price did not finish where it wanted to before dropping.

Remember, you said that EU likes to test line 3 times before dropping. On your chart, you hedged after the second test. The first test was at 7 gmt, the second at 12 gmt, and the third at 15 gmt and actually crossed the 50 sma line.

After the third, we have a double top...and it now looks to me to change direction and head south. Just my observation

I like when there is 4 or more candles up/down, then change of direction.

I am using 5M and 15M...but I am only looking at GU and UJ
  • #606
  • Edited 1:35pm Aug 17, 2010 1:13pm | Edited 1:35pm
Quoting Indrek
NiceGuy,
The way how you use THV Coral was a very useful addition to my system that is based on the same logic as PM Forex and TrendMagic. I had not figured out by myself how strong gravity power the indicator has
Thank you!
Just wanted to specify what settings do you use for Nonlag MTF? How many dots for the arrow on what timeframes?
Glad it works for you...

Yes the Coral is really good... like I said before many times... We almost can bet on any candle that cross it and win.

My MTF NLM sets only change to 20 and 3 candles for the arrow. M15 TF. That's it.

Take a look at this:
Attached Image (click to enlarge)
Click to Enlarge Name: PM_20.jpg Size: 161 KB



Like the last trade on EU, where I lost 20 pips... The candles was passing coral but my RR wanted me to hunt for 40 TP. If I only wanted 20 pips or in front of computer, that trades should've been a winner or at least not cost me the whole 20 pips. But I was leaving the trades for watching movie with my family... . Oh well... Just another lose in my statistic...

Better luck tomorrow...
  • #607
  • Aug 17, 2010 1:28pm Aug 17, 2010 1:28pm
Quoting losingtrades
So, you are back to your favorite pair...EU...you always do well with that pair.


BTW, your 20 pips loss...in almost all your previous wins, you had 3 or more up candles in a row, then a down candle. Your latest post only had two ups, then down, then up, then down.

Looks like the price did not finish where it wanted to before dropping.

Remember, you said that EU likes to test line 3 times before dropping. On your chart, you hedged after the second test. The first test was at 7 gmt, the second at 12 gmt, and the third at 15 gmt and actually...
Fantastic observation...
Yes you know that I was rushing in..

For this system, I like to keep my entry based on that arrow. So in the end of the month I am hoping to have a statistic whether this arrow is reliable or not as my entry. I trade only with minor account for now. Just to have statistic refference for that arrow in live trading before moving this one to my regular account.

So far + 160 pips is not so bad...

Btw.. I am doing this also to educate and improve my skills to trade multi pairs. I used to trade only EU before. Some of you may do better job than me, please share...


NG
  • #608
  • Aug 17, 2010 4:16pm Aug 17, 2010 4:16pm
hi,

nice system , i've studied thv system brings good result too if the coral rules or basicly respected.

i've set up the nonlag v7 but how do you manage the arrows, they don't appear on my chart ( alert and warning set to 1 )

thanks
  • #609
  • Aug 17, 2010 9:02pm Aug 17, 2010 9:02pm
Quoting bleutneut
hi,

nice system , i've studied thv system brings good result too if the coral rules or basicly respected.

i've set up the nonlag v7 but how do you manage the arrows, they don't appear on my chart ( alert and warning set to 1 )

thanks

bleu...u really only need nonlag ma 21 and rsi (6). i also use sma 50 to determine the trend.

to learn, follow niceguy's charts


-jacob
  • #610
  • Aug 18, 2010 4:09am Aug 18, 2010 4:09am
Hello NiceGuy, can I ask for you to give coral indi here plz? I do use search but to many THV zip is confuseing for me Thx
  • #611
  • Edited 5:02am Aug 18, 2010 4:40am | Edited 5:02am
Quoting driftwood
Hello NiceGuy, can I ask for you to give coral indi here plz? I do use search but to many THV zip is confuseing for me Thx
No need to...
The easiest way to get my chart setup is with installing the THV system and load their basic template and replace the Trix with the MTF NLM and after that you can add or remove any incator u wished.... How bout that? It's not gonna get easier than that....

Guys... I fell to sleep during london.. so I missed the big move in Euro and Gbp pairs... . Hope you guys not....

But I won 23 pips for today....
Here is my last trade....

EU M15

Attached Image (click to enlarge)
Click to Enlarge Name: PM_21.jpg Size: 133 KB


This is the perfect entry I am looking for. I only use 7 pips SL for this trade....

1. Arrow appearing
2. Small Candle bellow the arrow
3. Pass Coral

That's the sign of perfect entry. Ridiculously Small SL for ridiculously big TP..... That's what I call a good trade...

Got stop out at 23 pips because I am using an EA to trail my order and move my SL based on fractals, if not I will get my whole 40 pips TP....

I am not sure if trailing our order would be a good Idea....

Back at 180 Pips up for now.....


NG
  • #612
  • Aug 18, 2010 5:03am Aug 18, 2010 5:03am
Hi guys, you can get thv complete system free from : http://www.forexfactory.com/showthread.php?t=127271

I have know thv system long time but still unable to use it to profit with it. Following niceguy method, it should work more winning than losing. Thv coral is able to mimic sma 60 on anytime frame. I think?

NiceGuy, what timeframe you are using to trade your system?


Regards
chrisyeap
  • #613
  • Aug 18, 2010 5:12am Aug 18, 2010 5:12am
Quoting chrisyeap
Hi guys, you can get thv complete system free from : http://www.forexfactory.com/showthread.php?t=127271

I have know thv system long time but still unable to use it to profit with it. Following niceguy method, it should work more winning than losing. Thv coral is able to mimic sma 60 on anytime frame. I think?

NiceGuy, what timeframe you are using to trade your system?


Regards
chrisyeap
Thank you for that THV Link....

My system is M15. If you can afford bigger SL and willing to trade less for bigger profit, higher TF would be your place. This system is getting even more powerful there...

As for THV Coral...

I have tried in the past to put on MA 60 and tweak the settings here and there but can not mimic the Coral Perfectly (maybe it's just me).... That's why I keep using the coral....


NG
  • #614
  • Aug 18, 2010 7:54am Aug 18, 2010 7:54am
Hi guys!
Got more than 5 people PM me today... They suggesting me to start a new thread for my method with clearer explaination. ( I wonder how am I supposed to be more clearer with all of those charts lying around this thread? Aren't they clear enough already? )

Somehow they think I give an edge to the THV and PM forex strategies at the same time with my approach.

Maintain a thread....hmm, now that's sounds a bit too much for me... but if you guys think my method can make you more profit... (or at least can make you lose less...) I might doing it.

What do you say? Does this thing deserves a new thread?


NG
  • #615
  • Aug 18, 2010 9:28am Aug 18, 2010 9:28am
Quoting NiceGuy
Hi guys!
Got more than 5 people PM me today... They suggesting me to start a new thread for my method with clearer explaination. ( I wonder how am I supposed to be more clearer with all of those charts lying around this thread? Aren't they clear enough already? )

Somehow they think I give an edge to the THV and PM forex strategies at the same time with my approach.

Maintain a thread....hmm, now that's sounds a bit too much for me... but if you guys think my method can make you more profit... (or at least can make you lose...


sounds like a good plan...


also, i am glad to see you got a voucher...you really do help out many people with your insights.
  • #616
  • Edited 10:14am Aug 18, 2010 9:53am | Edited 10:14am
Hi NiceGuy,
With all the efort I can not find indicator thet you have on your charts that is showing arrows. Plese let me know where to find and exact name or post it here.
Thanks.

Sasa

Quoting NiceGuy
No need to...
The easiest way to get my chart setup is with installing the THV system and load their basic template and replace the Trix with the MTF NLM and after that you can add or remove any incator u wished.... How bout that? It's not gonna get easier than that....

Guys... I fell to sleep during london.. so I missed the big move in Euro and Gbp pairs... . Hope you guys not....

But I won 23 pips for today....
Here is my last trade....

EU M15

Attachment

This is the perfect entry I am looking for. [b]I only use 7 pips...
  • #617
  • Aug 18, 2010 10:45am Aug 18, 2010 10:45am
Quoting sasavisnic67
Hi NiceGuy,
With all the efort I can not find indicator thet you have on your charts that is showing arrows. Plese let me know where to find and exact name or post it here.
Thanks.

Sasa
Hi Sasa

The arrow is from 4BARS-MTF-NLMA 1.03.mq4.
First post, First Thread.

If you dont see an arrow coming, make sure you enable the alert option inside the indi and set 3 dots for arrow.

If this is does not help you, then it's way beyond me...


NG
  • #618
  • Aug 18, 2010 11:15am Aug 18, 2010 11:15am
Thanks a lot. This is the point I could not get. Slow in the head.
sasa

Quoting NiceGuy
Hi Sasa

The arrow is from 4BARS-MTF-NLMA 1.03.mq4.
First post, First Thread.

If you dont see an arrow coming, make sure you enable the alert option inside the indi and set 3 dots for arrow.

If this is does not help you, then it's way beyond me...


NG
  • #619
  • Aug 18, 2010 4:55pm Aug 18, 2010 4:55pm
Quoting sasavisnic67
Thanks a lot. This is the point I could not get. Slow in the head.
sasa
Got the issue from my early request thta concerns arrows on chart to

Thanks to all

Unfortunately I loaded mtf v1.03 on mt4 , but nothing is appearing on the chart
it's the same with former version

I' m sleeping or something's missing:
Attached Image
  • #620
  • Aug 18, 2010 7:45pm Aug 18, 2010 7:45pm
Quoting bleutneut
Got the issue from my early request thta concerns arrows on chart to

Thanks to all

Unfortunately I loaded mtf v1.03 on mt4 , but nothing is appearing on the chart
it's the same with former version

I' m sleeping or something's missing:
Hi there bleutneut

Do you really need all those indicators?
Here is my set up.

see image

...and I am debating with myself whether or not I need the pivot indicator

OK......now I am mostly talking to myself here, but I really think as I mature as a trader I want less and less indicators.....I want simplicity, I want trades to be really clear, screaming.....this is a good trade.....or .....hmmm....not sure....stay away......if I am ever to start trading larger numbers of lots.....I need my system to be simple and clear....I have several templates I use, one for a higher time frame view (one indicator).....one for an hourly view (two indicators) and one for entries .....now I will admit that I have been toying with which various set ups....and I am still not quite settled, but I keep coming back this thread.
"niceguy" has been valiently keeping this thread alive......and I admire his contributions......anyways....just some comments as I watch the Asian market....don't normally take trades in the Asian.....today I should have

I wish you all good trades

PGPB
Attached Image
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