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THV system, final edition

  • #20,161
  • Sep 2, 2010 9:22am Sep 2, 2010 9:22am
Quoting delldell
someone said the manual for THV4 in is first page, but i only found v3's manual ?
They are the same
Made in Ukraine
  • #20,162
  • Sep 2, 2010 9:28am Sep 2, 2010 9:28am
Is the 15m/30m coral valid for the trend or should good-ol-fashioned trend lines be drawn at the higher tf?
  • #20,163
  • Sep 2, 2010 9:35am Sep 2, 2010 9:35am
Please Tread, can you tell me where is the latest version of THV, both the EA and the chart for manual operation "
Thanks for your supportEscuchar
Leer fonéticamente
  • #20,164
  • Sep 2, 2010 9:44am Sep 2, 2010 9:44am
thanks Badass_UA
  • #20,165
  • Edited 1:05pm Sep 2, 2010 10:23am | Edited 1:05pm
Here is an example of what I described in this post. The 16:00 bar (GMT+2) wavered up and down and finally closed green at 17:00.
Attached Image (click to enlarge)
Click to Enlarge Name: repaint1.png Size: 74 KB



But price went down in the next few minutes, and the trix went back at 17:05, and repainted that bar that had closed green to red.
Attached Image (click to enlarge)
Click to Enlarge Name: repaint2.png Size: 76 KB


But the trix histo has not repainted that history, and will not unless it is refreshed.
Attached Image (click to enlarge)
Click to Enlarge Name: repaint3.png Size: 101 KB


If you didn't happen to be looking at the 1600 bar on the 1 hour chart and catch this, you'd be blaming the trix histo for being inaccurate compared to the 'real' trix. But if you had been looking at the real trix on the 1 hour chart, and basing a trading signal on its close you'd have gone long anyway, so you are no worse off by using the trix histo. In fact you are slightly better off because you have the real history of what happened.

This happens when the trix is flat, which is a good time to avoid trading signals based on it.


Quoting MissPips
This has been discussed numerous times in the thread.
First of all, the trix itself repaints. It can repaint one bar closed bar back, particularly when it is flat.

Second, the trix histogram does not 'repaint' in that sense but it can differ from the actual trix for several reasons:

1) The trix histo keeps track of what the trix is doing minute by minute on the lower timeframe, so if the trix on the higher timeframe has repainted one closed bar back the trix histo on the lower timeframe will differ from what you see on the higher timeframe chart...
  • #20,166
  • Edited 4:18pm Sep 2, 2010 3:57pm | Edited 4:18pm
]I learn a lot THV system. much advice and knowledge.
Excuse me while speaking English.
Thanks Misspip and Cobra.
Show on the common.
I look at my two monitors.
Flat 13 M5 chart indi AIM.
India does signal when price moves. shows the direction of movement. repaint but it is not false alarm.
False alarm should be filtered.
Another monitor chart M 1 + TRX THV, M5, M15 THV THV Trix Trix. (Thanks misspip)
a good signal M 5 M 15 Fast cross Trix Trix in the same direction.
you should exercise.
Several pairs can only look at M 5 level switching, easier movement, change monitoring.
Stop Loss drawn between 0 and tp watch a good exception.


question

can someone smart smart trailing stop and profit target EA?

http://www.imagebam.com/image/efd26296005112
http://www.imagebam.com/image/efd26296005112


http://www.imagebam.com/image/efd26296005112
Attached Image (click to enlarge)
Click to Enlarge Name: thv kép.jpg Size: 389 KB
  • #20,167
  • Sep 2, 2010 7:59pm Sep 2, 2010 7:59pm
please , can any one tell me where i found the last indecators and the template for this system

Thank you
  • #20,168
  • Sep 2, 2010 8:08pm Sep 2, 2010 8:08pm
can somebody teach us/me how to scalp using adx and thv on 5 minutes?

in my very short time doing this. i have made a couple of observations:

1) i lose more than I win.
2) my wins are significantly more than my losses, and as a result, i am actually in the profit even though i lose more than half the time.

it has come to my attention that i feel stressed watching adx and trix on 1min. it rarely works out. trades go against me immediately more than half the time. compile that with the spread, it doesn't feel very good. the 1m adx & trix change constantly. this "change" cannot be seen on the charts in hindsight. it's not that i mind the stress, but i've begun to notice that a lot of the times....in the end, it doesn't even matter.

i've tried anywhere between 1 mini lot, to 1 full lot (10 mini lots). and as it is now, i only do 1 mini lot, otherwise, it's really tough on your psyche when you go down 7 pips in the first 90 seconds... on half or 1 full lot.

based on my observations, i am getting this gut feeling, that 5m may be more profitable, since i'm noticing that one or 2 big winners will wipe out all your losers.

since i've been using thv & adx already, i just need some pointers, i mean i don't need any complete over-hauls on my understanding, but just some pointers to solidify the method.

1) does 1m chart still matter?
2) what should my SL be? (right now it is no more than -15. occasionaly it hits -20, but that's only because i couldn't get out quick enough)
3) 1 big reason i want to do this, is so that I can dissapear for at least a couple of bars after i've entered (on 5m i guess that would be like 3->5 bars at least), my question is, is this what ppl who scalp 5m do? or do they still sit there staring at the screen?
4) my hunch is, i look at 5 and 15M adx and trix only. if it all looks good... get in. and come back in 20 minutes, forget the 1m all together.
  • #20,169
  • Sep 2, 2010 11:11pm Sep 2, 2010 11:11pm
Just catching up on some pm's I thought I would share this with everyone.

There are times when I tend to scalp scalp with 1/2 lots all the way to 2 lots. However there is the risk associated with this, staying long in such trades can be high risk and dangerous to your account.

Ideally the best times to trade is when there is high volatility. But how do we guage this? rule of thumb ...london session in best ...but to get a little more specific I use the session indicator from FF which can be found here

http://www.forexfactory.com/market.php

When the liquidity is very high (red icon) and i get the sweet setups, this is when I tend to use higher than normal lot size.

So enter trades around this time can be very profitable very quickly. The drawback is that your analysis has to be perfect, because it can go badly just as quickly
Attached Image (click to enlarge)
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  • #20,170
  • Sep 2, 2010 11:19pm Sep 2, 2010 11:19pm
Quoting serial
]I learn a lot THV system. much...

Download cavemanger 1.41, just search this thread for it
  • #20,171
  • Sep 2, 2010 11:31pm Sep 2, 2010 11:31pm
Quoting abosalah
please , can any one tell me where i found the last indecators and the template for this system

Thank you
It's on the first page of this thread: http://www.forexfactory.com/showthread.php?t=127271

- pedma -
Good friends are more valuable than gold ...
  • #20,172
  • Edited 2:25am Sep 3, 2010 2:11am | Edited 2:25am
miss pips,

is there a reason you have the default setting with:

M1 stoch
M1 fast
m1 ADX
m5 ADX

i know we can change it, but just curious as to why this default.

for me, right now i am using m1 trix both first row, m5 trix both, 2nd row, m1 adx 3rd and m5 adx 4th row.

still no suggestion from anyone on how i can be more methodical to scalp on 5m? how about a link i can be pointed to then?
  • #20,173
  • Sep 3, 2010 2:16am Sep 3, 2010 2:16am
Quoting chiba_san
miss pips,

is there a reason you have the default setting with:

M1 stoch
M1 fast
m1 ADX
m5 ADX

i know we can change it, but just curious as to why this default.

They are default fro u to change. Not everyone will want to see the same setups. I have got compeltely different setups.

So, based on how YOU trade THV. Change the settings to will add value to your trading.
The Kamakazi
  • #20,174
  • Sep 3, 2010 2:37am Sep 3, 2010 2:37am
Quoting Bl888
They are default fro u to change. Not everyone will want to see the same setups. I have got compeltely different setups.

So, based on how YOU trade THV. Change the settings to will add value to your trading.
alright, noted...

reading some search results on 5 minutes scalping. nothing specific to thv. it seems scalping is highly frowned upon in general based on my search. found a pdf about scalp trading methods by kevin ho, reading that now.

....seems very few ppl posting on here these days. the thread has become a "ask, (give nothing in return) and thou shall receive thread..." (me included by far)
...or the: tread,...can you please help me with..... miss pips... i was wondering.... if you could help me with......... thread.
  • #20,175
  • Sep 3, 2010 2:58am Sep 3, 2010 2:58am
Quoting chiba_san
alright, noted...

reading some search results on 5 minutes scalping. nothing specific to thv. it seems scalping is highly frowned upon in general based on my search. found a pdf about scalp trading methods by kevin ho, reading that now.

....seems very few ppl posting on here these days. the thread has become a "ask, (give nothing in return) and thou shall receive thread..." (me included by far)
...or the: tread,...can you please help me with..... miss pips... i was wondering.... if you could help me with......... thread.
Chiba

Dont mean to be rude but have you read all the things on page 1 and this whole thread? Some questions you ask seem to state the obvious that you havn't.

a lot of questions you ask have already been covered which is why people tend to just ignore. Dont worry i have been there as well. What i suggest is that do a search on this THV thread on questions you have. Otherwise re-read this thread.

Scalping is not an esy trading method for everyone. It requires full attention at all times. Scalping from a 1 min is even harder. But foillow te core rules with some added indicators and you will do well...
The Kamakazi
  • #20,176
  • Sep 3, 2010 3:54am Sep 3, 2010 3:54am
why would i find you rude or take offense? that's nonsense.

no, haven't read the whole thread. and yes, have read the 1st page several times.

you are right, yes, i am finding it hard, and ever since i started, am finding more and more that i have been more lucky than not, and it could go south on me anytime, that's why the constant annoying posts from me...

i am currently checking out wicker's 5 minute trend follower again, which tread pointed me to sometime ago. similar to thv, though i heard thv is better, but it has the words "5 minutes" in it. so just having a re-look at that.
  • #20,177
  • Sep 3, 2010 4:11am Sep 3, 2010 4:11am
yeap scalping hte m1 is very difficualt. I struggle at times. And when i do, i flip to the m5 chart to trade.

In m5 this is what i look for:

1) trrix cross and touch of zero line
2) Adx confirming
3) Swissarmyhisto confirming m15 trix and ADX
4) get in

In terms of stop i still use prev highs or lows. I feel that using a fixed stop is not working the PA correctly. I tend to use prev h/l + spread + 1 pip

Hope this helps. For beginners i certainly recoomend using the m5. Its still scalping but not as messy. TBH i dont even know why i scalp the m1. Asking for trouble long term
#
Quoting chiba_san
why would i find you rude or take offense? that's nonsense.

no, haven't read the whole thread. and yes, have read the 1st page several times.

you are right, yes, i am finding it hard, and ever since i started, am finding more and more that i have been more lucky than not, and it could go south on me anytime, that's why the constant annoying posts from me...

i am currently checking out wicker's 5 minute trend follower again, which tread pointed me to sometime ago. similar to thv, though i heard thv is better, but it has the words "5 minutes"...
The Kamakazi
  • #20,178
  • Sep 3, 2010 4:31am Sep 3, 2010 4:31am
Just looking into the idea of using the stochastics as a way to enter on a dip since it is a weaker signal than the trix. For example if the stochastics turn down and hit bottom or down and then turn back up without hitting bottom while the 1m slow trix is still green, and on the m5 and m15 chart the fast trix is still above the slow and green and spread is increasing , and the plus di has not dipped below the minus di on the m1 and m5, I'm watching that to see if it makes sense to use that as a way to buy a small dip there in a strong trend without waiting for the 1m fast trix to change color. Nothing proven yet.

Quoting chiba_san
miss pips,

is there a reason you have the default setting with:

M1 stoch
M1 fast
m1 ADX
m5 ADX

i know we can change it, but just curious as to why this default.

for me, right now i am using m1 trix both first row, m5 trix both, 2nd row, m1 adx 3rd and m5 adx 4th row.

still no suggestion from anyone on how i can be more methodical to scalp on 5m? how about a link i can be pointed to then?
  • #20,179
  • Sep 3, 2010 4:35am Sep 3, 2010 4:35am
Ah, you can use the original THV method which scalps the 5m chart. See the first page. The idea is to take the signal from the 5m chart (price above/below coral and cloud, plus trix cross in direction of trend) and just check the 1m chart to make sure it's not overbought or oversold when you enter.)


Quoting chiba_san
miss pips,
still no suggestion from anyone on how i can be more methodical to scalp on 5m? how about a link i can be pointed to then?
  • #20,180
  • Sep 3, 2010 5:18am Sep 3, 2010 5:18am
Hi
I am using original THV 4 system but I don't understand how to use 5min and 1min TF in conjunction to eachother. Do I see 1 min first or 5 min? If in 5 min the candles are below the coral and the coral is green. Candles are in the cloud or just above it. Fast trix is in over bought area and is red but the slow trix is green. Do I go to the 1 min and see if the conditions to sell meet (as in 5 min PA is below the coral). Should I sell?

Sorry for the noobish question but I have to understand this to become a profitable trader.

Thanks in advance.
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