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THV system, final edition

  • #20,681
  • Oct 5, 2010 6:23am Oct 5, 2010 6:23am
Hi Tread.
I'm a little confused. can you tell us again, please, what MA do you use?
  • #20,682
  • Oct 5, 2010 6:27am Oct 5, 2010 6:27am
Same MA's are before with the exception of the 34 EMA
  • #20,683
  • Oct 5, 2010 7:51am Oct 5, 2010 7:51am
Another good one!
Attached Image (click to enlarge)
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  • #20,684
  • Oct 5, 2010 11:02am Oct 5, 2010 11:02am
Hi all, I'm following this thread with interest for some time now. The indicator Ind_Alert_v20a.ex4 posted on page 1251 is calling another indicator Laguerre_RSI_mod.ex4. Could somebody please shed some light where I can find the last one?

Thanks in advance.
Max
  • #20,685
  • Oct 5, 2010 1:43pm Oct 5, 2010 1:43pm
Quoting MaxM
Hi all, I'm following this thread with interest for some time now. The indicator Ind_Alert_v20a.ex4 posted on page 1251 is calling another indicator Laguerre_RSI_mod.ex4. Could somebody please shed some light where I can find the last one?

Thanks in advance.
Max
Everithing you need it's on the paperclip just click in and then click on hide images
passion and discipline
  • #20,686
  • Oct 5, 2010 2:28pm Oct 5, 2010 2:28pm
Quoting Tread
Same MA's are before with the exception of the 34 EMA
1M EMA 21-34-55-233 and 5M EMA 13-21-34?
  • #20,687
  • Oct 5, 2010 3:15pm Oct 5, 2010 3:15pm
I tried to post this befor but it got lost because I posted wrongl
What is the name of this indicator in the Navigator?
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  • #20,688
  • Oct 5, 2010 4:54pm Oct 5, 2010 4:54pm
Quoting ozma
1M EMA 21-34-55-233 and 5M EMA 13-21-34?
M5: 13, 21, 34, 55, (89)
  • #20,689
  • Oct 6, 2010 3:30am Oct 6, 2010 3:30am
Tread,

Thanks for your help yesterday. The only issue now is that I get so many alerts they become unmanageable. It it not feasible to monitor any more than 4/5 pairs with the alert set in this way. Is this the way you have it set up?
  • #20,690
  • Oct 6, 2010 5:07am Oct 6, 2010 5:07am
THV3 T3 Trix for MTF Histo

Quoting bvincent
I tried to post this befor but it got lost because I posted wrongl
What is the name of this indicator in the Navigator?
  • #20,691
  • Oct 6, 2010 7:31am Oct 6, 2010 7:31am
i have (to me anyways) a very important question.

i went in on 1 full lot on the gbp/jpy trade at 800pm/hkt. the ema's were all down. adx wasn't perfect.

soon after, it got pretty bad. even though the ema's were all intact. (the 21 crossed the 13 on the 1m for a small part of it). at one point it was down around 200 pips.

then at 815pm/hkt, the news regarding the USD. the whole thing flipped and went from -100 (at the time) to more than +200. obviously i couldn't transact. i finally got out at around +100.

so the question is, was i lucky only, or was i right to stay in this trade because all the ema's are down, and i know that the USD news would not effect the gbp/jpy that i am trading, TOO much?
  • #20,692
  • Oct 6, 2010 7:57am Oct 6, 2010 7:57am
Quoting MaxM
Hi all, I'm following this thread with interest for some time now. The indicator Ind_Alert_v20a.ex4 posted on page 1251 is calling another indicator Laguerre_RSI_mod.ex4. Could somebody please shed some light where I can find the last one?

Thanks in advance.
Max
Attached File(s)
File Type: ex4 Laguerre RSI_mod.ex4   4 KB | 611 downloads
  • #20,693
  • Oct 6, 2010 7:58am Oct 6, 2010 7:58am
LOL.... a full lot one hundred pip move .... who cares how you got it!! ... All jokes aside ..... trading the news is uber risky


Post a screen shot of the entry, may be we can spot something

just a thought tho, whatever happens to the USD especially on a NFP release affect the whole market.

to see it. open up all your charts that you monitor (set it to M15). Them arrange the windows vertically or horizontally, the idea is to see all the charts at the same time. Now observe the Bar movement happening simultaneously. It is a good visual appreciation for the effects
  • #20,694
  • Oct 6, 2010 8:11am Oct 6, 2010 8:11am
the funny thing is, you look at this pic now, and it looks like my entry wasn't all that bad.....

but actually it was. as pips r us pointed out, i didn't follow trix rules. the ONLY reason i stayed in was because adx was good on 5 and 15 (on the 1 it was a mess) and the ema was good on all tf's.

if that piece of USD news effects all currencies, that simply means i was lucky and nothing else right? or did me trading in the direction of the ema's have any merit?

EDIT: sorry. misunderstanding. one full lot, but basically a TEN pip move only. multiply by 10 is how we got the 100 pips. sorry for any confusion.

i think it was not a good trade. the funny thing is...you look at this picture now, and it looks pretty. as if it was a good trade. it was really ugly at the time.....
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  • #20,695
  • Oct 6, 2010 9:05am Oct 6, 2010 9:05am
I am working on a dash Board for the THV M1, M5, and M15 time frames which I hope may be useful. It uses a custom indicator to gather all the information and then saves this info to a file which the Dash Board reads. The DB will handle 12 pairs and any combination of alerts on each pair can be selected. Below is a screen shot of the DB as it will look so far, the gray squares indicate which alerts are active for that pair. The DB is not an MT4 product, but rather a stand alone .exe program. You would put the MT4 collector indicator on each chart and the DB program would read each one of these files created and would then use these inputs to determine if there is an alert for anyone of the pairs determined by which alerts you have selected. The collection indicator calculates all the alerts shown and you will be able to select from 1 to 4 MAs to determine the trend. It may be a few weeks yet as I am now working on the code behind the image shown below and then testing. I will post it when it is ready if anyone is interested.
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  • #20,696
  • Oct 6, 2010 9:08am Oct 6, 2010 9:08am
Even tho the EMA are in order, they are not fanning out evenly. The lower EMA are pulling away faster which may indicate a fast break which will lead to retracement. You are looking for smooth buildup .... Notice how each time the low ema pulled away form the higher EMA they was a retracement? It might be a behavior that can be exploited ?

See attached pics of a trade I took earlier... I highlighted the oval area. Ignore the other stuff, I had done that markup for someone else.
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  • #20,697
  • Oct 6, 2010 9:09am Oct 6, 2010 9:09am
Quoting seller9
I am working on a dash Board for the THV M1, M5, and M15 time frames which I hope may be useful. It uses a custom indicator to gather all the information and then saves this info to a file which the Dash Board reads. The DB will handle 12 pairs and any combination of alerts on each pair can be selected. Below is a screen shot of the DB as it will look so far, the gray squares indicate which alerts are active for that pair. The DB is not an MT4 product, but rather a stand alone .exe program. You would put the MT4 collector indicator on each chart...

You got my vote Seller, looks very cool ....
  • #20,698
  • Oct 6, 2010 9:10am Oct 6, 2010 9:10am
Quoting seller9
I am working on a dash Board for the THV M1, M5, and M15 time frames which I hope may be useful. It uses a custom indicator to gather all the information and then saves this info to a file which the Dash Board reads. The DB will handle 12 pairs and any combination of alerts on each pair can be selected. Below is a screen shot of the DB as it will look so far, the gray squares indicate which alerts are active for that pair. The DB is not an MT4 product, but rather a stand alone .exe program. You would put the MT4 collector indicator on each chart...
good idea and looks great, as all of your indicators.
  • #20,699
  • Oct 6, 2010 9:20am Oct 6, 2010 9:20am
ahhhhhhhhhhhhhhhh....

the nights been an absolute crumby night as i was telling pips r us. i am up a couple hundred pips but the whole thing is a mess. you can probably guess, yes that was achieved through multiple full lots on the same trade. i haven't taken one good trade (i.e. 1 or 2 mini lots with a nice 50+ pip movement all) all night.

it's been like a gambling session in macau all night long minus the cost of the boat ride. everything i did tonight was based on the ema + fingers crossed. this has got to stop. or i am going to take a hit sooner or later. and that hit probably ain't going to be just a couple hundred pips.

tread, can you post your latest template for the thv.classic?

EDIT: i don't have a 34 on my template. it's just 13, 21, then 55, 89. that's probably why you see the big gap. and also, the whole trix trigger.....did u take it in your second chart?

thanks for the charts. i look at those mulitple, multiple times you know....
  • #20,700
  • Oct 6, 2010 9:26am Oct 6, 2010 9:26am
@chiba_san
this is not meant to patrionize but you have picked a wrong pair to experiment with. There is a reason why traders call it "the beast". From what I have seen, guys who have some success trading it put the stoploss at 80 pips minimum as the pair jumps 30-50 pips in a second. It is too risky for my pulse. I prefer a 10-pip steal with multiple lots on EU.
And boy are you asking for trouble trading the beast with no stoploss .
Anyway, good luck and hopefully you will not have to learn from your own mistakes.

PP

Quoting chiba_san
the funny thing is, you look at this pic now, and it looks like my entry wasn't all that bad.....

but actually it was. as pips r us pointed out, i didn't follow trix rules. the ONLY reason i stayed in was because adx was good on 5 and 15 (on the 1 it was a mess) and the ema was good on all tf's.

if that piece of USD news effects all currencies, that simply means i was lucky and nothing else right? or did me trading in the direction of the ema's have any merit?

EDIT: sorry. misunderstanding. one full lot, but basically a TEN pip move only....
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