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THV system, final edition

  • #20,621
  • Oct 3, 2010 5:22pm Oct 3, 2010 5:22pm
seems to understand.
thanks
  • #20,622
  • Oct 3, 2010 5:23pm Oct 3, 2010 5:23pm
I'm not sure which four points you mean but using the SA indie you can configure each of the four rows to monitor something different ( for example , cloud in row 1, chop in row 2, divergence in row 3 and MAs in row four and give an alert when all four rows are the same color.

Quoting ozma
Miss Pips, maybe it's a brazen request, but if you wrote indie MTF clouds and chop, you could combine them into one indicator and make sure that they would give an alert when all 4 points of one color. if you is not difficult. it would be very helpful to monitor several pairs
  • #20,623
  • Oct 3, 2010 5:29pm Oct 3, 2010 5:29pm
what is wrong? I put the oil chart. but indium shows eurusd
Attached Image
  • #20,624
  • Oct 3, 2010 5:45pm Oct 3, 2010 5:45pm
Miss Pips then what is the problem?
I took the inde here
http://www.forexfactory.com/showpost...ostcount=20509
Attached Images
  • #20,625
  • Oct 3, 2010 5:54pm Oct 3, 2010 5:54pm
Miss Pips here is exactly what is wrong
Attached Image
  • #20,626
  • Oct 3, 2010 5:59pm Oct 3, 2010 5:59pm
Oz

Open up the indicator properties, scroll until you see EURUSD, then delete it, the indicator will then automatically use the chart currency.

This feature you could put multiple currencies on one hart and monitor.
  • #20,627
  • Oct 3, 2010 6:18pm Oct 3, 2010 6:18pm
Thanks Tread. works
  • #20,628
  • Edited 9:02pm Oct 3, 2010 7:30pm | Edited 9:02pm
here. something like

Miss Pips and Tread Thanks
Attached Image (click to enlarge)
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Attached File(s)
File Type: tpl new.tpl   60 KB | 782 downloads
  • #20,629
  • Oct 3, 2010 8:50pm Oct 3, 2010 8:50pm
a very helpful indicator!

2 questions.

i noticed it has 21 pairs. are these the pairs you use, and therefore your recommended pairs?

and secondly, i noticed you took out the 89 and put in 34 in your default. all my charts are still using 89 as you initially posted...

have you changed your methodology now and using 34 instead of 89?

thanks.

Quoting Tread
Attached is a indicator that will scan all the major pairs for the EMA to be in the right order

It is default to:-
MA1 - 13
MA2 - 21
MA3 - 34
MA4 - 55

But you can change it to any EMA you wish to monitor. Note keep EMA in Ascending order if changing values (ie do not put 34, 13,233, 21) keep it in order.

The is also a consolidation zone it monitors it is default to:-

Channel - 3(Pips)


The default colors are: -
Green - EMA lined up for long
Lime - EMA Lined up for Long and Consolidated
Crimson - EMA Lined up for Short
Red - EMA Lined...
  • #20,630
  • Oct 3, 2010 9:17pm Oct 3, 2010 9:17pm
assuming the ema is trending on 1m, 5m, 15m.

then 1m contracts. 5m and 15m contracts a bit also, but the trend is still in tact.

sometime later, the 1m expands in the same direction of the trend it was initially on before it contracted. the 5m and 15m simply expanded a bit more obviously in the same trend direction it was on.

if trix align on 1m and 5m, would we be looking to buy into the direction of the trend again? or do we want to wait for a flip of the ema's?

in the above example...if the 1m contracted then flipped and started expanding in the opposite direction, it would need to be doing that for a long, long time before the 5m and 15 flipped as well
  • #20,631
  • Oct 3, 2010 9:29pm Oct 3, 2010 9:29pm
The Scanner is not for entry. it is supposed to give you a overall feel for the the trend on the various pairs and time frames.. You can change the EMA listed to the entry EMA's, but you run the risk of getting there late or not enuff time to do the analysis.

But play with it and see what settings you are comforatable with. The entry rules regarding the EMA's have not changed. Unless you are trying out the M5/M1 ema combo, those are listed in an earlier post
  • #20,632
  • Oct 3, 2010 11:28pm Oct 3, 2010 11:28pm
First few overnight pips this week,but it is really boring.
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  • #20,633
  • Oct 4, 2010 1:43am Oct 4, 2010 1:43am
Please reread this post:
http://www.forexfactory.com/showpost...ostcount=20507 which explains that now you can select a different pair to monitor than the chart you put the indicator on.

Quoting ozma
Miss Pips then what is the problem?
I took the inde here
http://www.forexfactory.com/showpost...ostcount=20509
  • #20,634
  • Oct 4, 2010 1:44am Oct 4, 2010 1:44am
As we used to say in my startup - that's a feature not a bug! Think about it.

Quoting ozma
Miss Pips here is exactly what is wrong
  • #20,635
  • Oct 4, 2010 5:42am Oct 4, 2010 5:42am
Quoting MissPips
As we used to say in my startup - that's a feature not a bug! Think about it.
inde works. and it works fine
  • #20,636
  • Oct 4, 2010 8:52am Oct 4, 2010 8:52am
hi Folks, is this a valid entry trade?
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passion and discipline
  • #20,637
  • Oct 4, 2010 9:50am Oct 4, 2010 9:50am
Another one! what do you think?
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passion and discipline
  • #20,638
  • Oct 4, 2010 10:37am Oct 4, 2010 10:37am
Hi Rohule

I did not take that entry because I am testing the EMA must agree on the higher tf.

I took an entry earlier @ 0.96841 and got out when @ 0.96615 for about 23 Pips
  • #20,639
  • Oct 4, 2010 11:42am Oct 4, 2010 11:42am
Quoting Tread
Hi Rohule

I did not take that entry because I am testing the EMA must agree on the higher tf.

I took an entry earlier @ 0.96841 and got out when @ 0.96615 for about 23 Pips
thank you Tread, do you have a pic of your trade?
have a good one!
passion and discipline
  • #20,640
  • Oct 4, 2010 12:16pm Oct 4, 2010 12:16pm
Ozma, could you plz attach THV.zip file with every indicator and template you use? couse i dont have THV4 1.2 indicator (i have THV trix 1.0) And that last indicator on the bottom in your last template.Thank you
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