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THV system, final edition

  • #19,981
  • Aug 23, 2010 9:59am Aug 23, 2010 9:59am
E/U Update,
@Tread: it was good trade ?
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  • #19,982
  • Aug 23, 2010 10:20am Aug 23, 2010 10:20am
Quoting POSTiGA
Thank Tread,
@Seller9 it seems Alert working late , any idea ?
It looks like you may be using the one with the M5 and M15 coral, try the one from post 19957, those corals have been removed which were making it a little late.
  • #19,983
  • Aug 23, 2010 10:39am Aug 23, 2010 10:39am
Seller9 thank you once again
  • #19,984
  • Aug 23, 2010 10:55am Aug 23, 2010 10:55am
These are the latest rules from the alert posted in post 19957.
Input from anyone using the alert is always appreciated.
I am trying to get the alert to trigger for only the best possible trades and by running it on many pairs we should get more than enough trades.

M1 LONG: Fast-Trix-Green, Slow-Trix-Green, ADX > 25 and +D1 > 20, Bid above Ichi, Bid above Coral
M1 SHORT: Fast-Trix-Red, Slow-Trix-Red, ADX > 25 and -D1 > 20, Ask below Ichi, Ask below Coral
M5 Long: Fast-Trix-Green, Slow-Trix-Green, ADX > 25 and +D1 > -D1 and heading up, Bid above Ichi, Bid above Coral
M5 SHORT: Fast-Trix-Red, Slow-Trix-Red, ADX > 25 and -D1 > +D1 and heading up, Ask below Ichi, Ask below Coral
M15 LONG: Fast-Trix-Green, Slow-Trix_Green, ADX heading up, Bid above Ichi
M15 Short: Fast-Trix-Red, Slow-Trix-Red, ADX heading up, Ask below Ichi
M5 LONG Trend-Green: 89 EMA, 144 EMA, 200 SMA, not in any order, Bid must be above all of them.
M5 SHORT Trend-Red: 89 EMA, 144 EMA, 200 SMA, not in any order, Ask must be below all of them.
  • #19,985
  • Aug 23, 2010 11:04am Aug 23, 2010 11:04am
Quoting POSTiGA
E/U Update,
@Tread: it was good trade ?

Yes it was, however I do not use the trix going into overbought/oversold as an exit.... The reason for this is that price can stay in this zone, which is an indication of a strong trend. You should not ENTER a new trade in the OB/OS Zone, but never exit if the signals are strong.

You would have banked about 17 - 20 pips on that trade and that very good

here is what i did a bit different. After 5 Bars (5 mins) I started to look at the ADX on the 5M Chart, after 10Bars (10Mins) I switch the entire chart to the 5M time frame and watched the ADX...i saw the +DI start to increased and the -DI decrease .. I got out then with a NET 36PIPS ...could have exited @ 42Pips but I waited for the +DI to confirm ..

The Idea here is to let the winners RUN for as long as you are comfortable. That extra 16 Pips would go to into the PipBank to offset other trades
  • #19,986
  • Aug 23, 2010 11:48am Aug 23, 2010 11:48am
[quote=seller9;3969611]These are the latest rules from the alert posted in post 19957.
Input from anyone using the alert is always appreciated.
I am trying to get the alert to trigger for only the best possible trades and by running it on many pairs we should get more than enough trades.

Hi Seller !

I'm still using Alert V20 A, because I can choose the setup that i need. i dont wantto enter too late so I'm using only M5 Coral, M5 F Trix, M15 Cloud, M15 F Trix, M15 S Trix, M30 Cloud, M30 F Trix. It's only an alert, I have all the time to analyse M1 and other things.
So I thing that would be better if you release this indicator like an EA to create my own setup. I want to use also ADX. Is it possibile to create a function for ADX to alert when all tf cross over 25 level ?

Thank you
  • #19,987
  • Edited 6:54pm Aug 23, 2010 6:42pm | Edited 6:54pm
Well the Jury is still out on weather to use RAVI or not, here are 2 charts of the same pair GBPJPY running on the same computer with the same Broker. The first one was not using RAVI and the second one was. The one without RAVI got into the same trade a little sooner, so would have made a few more pips. I also added a automatic exit signal based on the M15 Slow trix changing color. Since I couldn't watch these all day this was a nice way to give me a mechanical exit. I had similar results on the other 9 pair I was comparing. I am trying a few other things and after I see how they go will post them.
If anyone else has any ideas to improve the alert and has screen shots to show them please post them.
Edit: One thing to remember, at this time the alert will only alert 1 time in the same direction and takes a signal in the opposite direction before it will go the same direction again.
Good Luck
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  • #19,988
  • Aug 23, 2010 10:54pm Aug 23, 2010 10:54pm
Just for fun I thought I would change the alert to an EA and see what would happen on a demo account. This is a good way to test a method to see how it performs in the real world. Stop Loss = 15 pips, Take profit = 40 pips. It almost hit my TP but then pulled back so I closed it manually for 27 pips. It did continue on after that if I would have hung in a little longer.
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  • #19,989
  • Aug 23, 2010 11:10pm Aug 23, 2010 11:10pm
was the 15 SL and 40 TP just random?
  • #19,990
  • Aug 23, 2010 11:24pm Aug 23, 2010 11:24pm
Quoting chiba_san
was the 15 SL and 40 TP just random?
Yes
  • #19,991
  • Aug 24, 2010 1:50am Aug 24, 2010 1:50am
nice one
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  • #19,992
  • Aug 24, 2010 2:37am Aug 24, 2010 2:37am
hi, where can found the new and latest template ? I download the V4 but nothing as in pic at the latest post. Please advice
  • #19,993
  • Edited 3:26am Aug 24, 2010 2:44am | Edited 3:26am
Quoting seller9
Well the Jury is still out on weather to use RAVI or not, here are 2 charts of the same pair GBPJPY running on the same computer with the same Broker. The first one was not using RAVI and the second one was. The one without RAVI got into the same trade a little sooner, so would have made a few more pips. I also added a automatic exit signal based on the M15 Slow trix changing color. Since I couldn't watch these all day this was a nice way to give me a mechanical exit. I had similar results on the other 9 pair I was comparing. I am trying a few other...
Hi Seller.
very good indicator that works fine. really a little lacks the output signal and the signal for re-entry after rollback. example here. signal was at night. Now I wait for the return signal? it may be again at night.
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  • #19,994
  • Aug 24, 2010 4:31am Aug 24, 2010 4:31am
Is this system just for EURUSD? I just see this pair on the screens and found no more informations!
  • #19,995
  • Aug 24, 2010 6:04am Aug 24, 2010 6:04am
Quoting cobraforex

Welcome Traders and Beginners.



I present and share a system which I compiled to MT4.


The original idea came from an experienced trader (since 1994) his name here in FF is Turhovach he has the age of 59 years (not too far away from me, lol).



I have absolutely no commercial interest on what is shown in this thread, we are here to help each other.



I found the THV setup very easy to observe and to work with...

this is all too complicated for me. can anyone please explain it to me in simple terms ? i dont understand any of it.

also, i dont have these indicators you have listed on my broker platform. so what should i do ?
  • #19,996
  • Aug 24, 2010 6:33am Aug 24, 2010 6:33am
Quoting whatfx
this is all too complicated for me. can anyone please explain it to me in simple terms ? i dont understand any of it.

also, i dont have these indicators you have listed on my broker platform. so what should i do ?

Read page 1. Read the first 20 and last 20 posts.

Everything you need is in post 1.. Full instructions and everything!!!!

You cant expect to know the system without reading into it. you may as well not bother trading!!

You will also notice something on post 1 as an attachment called Manuals. That would be a good place start!!
The Kamakazi
  • #19,997
  • Aug 24, 2010 6:41am Aug 24, 2010 6:41am
@whatfx

Maybe this video will help you too for me it helped a lot

Inserted Video
  • #19,998
  • Aug 24, 2010 7:47am Aug 24, 2010 7:47am
hi mates!
i just did a trade and i get 5 pips,was it a good entry and exit? i enter i pip before the alert and exit when tris cross against the trade and adx -d1 going below 20
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passion and discipline
  • #19,999
  • Aug 24, 2010 7:50am Aug 24, 2010 7:50am
funny, i am looking at your screen, and my screen right now. they look identical...except that i didn't get the arrow pointing down to tell me to get in the trade....
  • #20,000
  • Aug 24, 2010 7:51am Aug 24, 2010 7:51am
Quoting rohule
hi mates!
i just did a trade and i get 5 pips, it was a good entry and exit? i enter i pip before the alert and exit when tris cross against the trade and adx -d1 going bellow 20

yeap i was in that. took a little out of it as well. + it was getting close to the figure
The Kamakazi
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