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THV system, final edition

  • #21,541
  • Nov 30, 2010 12:35am Nov 30, 2010 12:35am
Hi Cobra

Many thanks for that reply, it sure clears up a few questions.
Can I please ask, and I think that Gavyn was possibly eluding to this question, is could you kindly post a V3 template so that people like him and myself that have arrrived here late, read the entire thread, cot confused rather badly with all the different setups, can have a solid starting point?

I would really appreciate a simple V3 chart as it was originally intended with a very basic explanation.

Many thanks in advance
Wayne
  • #21,542
  • Nov 30, 2010 4:34am Nov 30, 2010 4:34am
bad sel trade today :/ -15 pips

http://img820.imageshack.us/img820/6893/sellw0.jpg
  • #21,543
  • Nov 30, 2010 5:29am Nov 30, 2010 5:29am
Do you notice anything different about the screen on the left side where the good places to short are and on the right side at the dashed line where you did short?
Attached Image (click to enlarge)
Click to Enlarge Name: 9.png Size: 125 KB


Quoting imperatorfr
bad sel trade today :/ -15 pips

http://img820.imageshack.us/img820/6893/sellw0.jpg
  • #21,544
  • Nov 30, 2010 5:56am Nov 30, 2010 5:56am
yes, your trix 5m is green...

I have just woke up......
  • #21,545
  • Nov 30, 2010 6:03am Nov 30, 2010 6:03am
Quoting WhoDunIt
Hi Cobra

Many thanks for that reply, it sure clears up a few questions.
Can I please ask, and I think that Gavyn was possibly eluding to this question, is could you kindly post a V3 template so that people like him and myself that have arrrived here late, read the entire thread, cot confused rather badly with all the different setups, can have a solid starting point?

I would really appreciate a simple V3 chart as it was originally intended with a very basic explanation.

Many thanks in advance
Wayne
You hit my main point! I just finish half of the thread, it already cause me a big headache... It always come out with new things & new indicators, here I set up the system, next second I have to re-add/ reset something new to my chart. Sometime I just wonder do I stand in the same line with everyone, because every chart is different, this thread ask me must follow THV Hull, next thread warn me wait for the MTF Trix light pop out, some more.....
I have summary all these stuff and make a note, then I realize if I want to make an entry, there is more than 10 rules I have to follow How come the situation can meet all these rules at the same time? well, I mean the possibility is very low...
Anyway, I will take the cobraforex advise use original rules first, and see how it going on
  • #21,546
  • Nov 30, 2010 6:33am Nov 30, 2010 6:33am
Another new lose, no luck today

http://img406.imageshack.us/img406/7071/sellb.jpg

Effectively, the M15 TRIX it was green...
  • #21,547
  • Nov 30, 2010 6:37am Nov 30, 2010 6:37am
And so is the 15m trix and the 5 and 15 cloud histos and the 5 and 15 m chop histos. In fact, there is NO green there at all except for the fluctuations in the 1m trix, which have not caused any green to appear anywhere else, which is a good sign.

Also there is an intact downward trend line which had been broken where you shorted and a new upward trendline had been started.

Quoting imperatorfr
yes, your trix 5m is green...

I have just woke up......
  • #21,548
  • Nov 30, 2010 7:04am Nov 30, 2010 7:04am
Quoting imperatorfr
Another new lose, no luck today



Effectively, the M15 TRIX it was green...
If you are beginner,switch to m5,m1 is not easy.
cheers
Attached Image (click to enlarge)
Click to Enlarge Name: sellb1.jpg Size: 165 KB
  • #21,549
  • Nov 30, 2010 7:25am Nov 30, 2010 7:25am
Try to at least wait to see if the 5 trix can turn at least the 15m fast without turning green itself (for an established trend - for a new trend I'd rather see both lines of the 5m trix and the 15m trix the same color) like this. If the 5m trend isn't strong enough to turn at least the 15m f trix and still hold it's color while the one minute retraces to give you a good entry then price movement is not one directional enough and you probably dont want to jump in there.


Attached Image (click to enlarge)
Click to Enlarge Name: 11.png Size: 129 KB


Quoting imperatorfr
Another new lose, no luck today

http://img406.imageshack.us/img406/7071/sellb.jpg

Effectively, the M15 TRIX it was green...
  • #21,550
  • Nov 30, 2010 7:34am Nov 30, 2010 7:34am
Thanks you very much for all reply
  • #21,551
  • Nov 30, 2010 9:15am Nov 30, 2010 9:15am
You're welcome. See you get enough of these a week to make
it worth waiting for the higher tf trixes and rainbows to line up as well
as just the coral and the current tf trix and it does a pretty
good job of filtering out the chop.

Attached Image (click to enlarge)
Click to Enlarge Name: 12.png Size: 140 KB


My guidelines are that if there has been a period of choppiness or the trend is changing then I like to see both the 5 and 15 m have both lines the same color and at least the 5 crossed in the direction of the rainbow.

If it's a well established trend (like both the 5m and the 1 rainbows are in the same direction and PA is coming out of a steep retrace then I might trade when just the 1, 5 and 15 fast are going in the same direction depending on how it looks. But I definitely want more than one tf trix in favor of the trade and I want to see mostly red on the screen for a short and mostly blue and green for a long.

Quoting imperatorfr
Thanks you very much for all reply
  • #21,552
  • Nov 30, 2010 9:29am Nov 30, 2010 9:29am
Double bottom on 5 m for EURUSD and divergence forming from 15 m to 60 m tf and possibly in 4 hr too so careful with the shorts folks.
  • #21,553
  • Nov 30, 2010 11:34am Nov 30, 2010 11:34am
Firstly, thank you experienced members for share their experience and knowledge with us beginners. I atached a cave manager on the chart because I dont have always be opportunities to bee at the front of the computer, but still do not know exactly determine the trail stop. Is it at all possible to put in a cave manager option that activates the trail stop when the price hits the Parabolic SAR, or someone knows where I can find expert advisor where I can manually open a trade that I closed it when the price is fired in a parabolic. Thanks in advance for your answers, and sory for bad english.
Best regards
  • #21,554
  • Nov 30, 2010 1:01pm Nov 30, 2010 1:01pm
1st trade
http://img.pixs.ru/storage/4/1/3/t27...25_1284413.jpg

1. M1 T/L Break
2. M1 T/L Break on Trix
3. M1 Divergence and М15 Divergence
4. Take profit was higher of support level S1 and yesterday low
+20 pips

2nd trade
http://img.pixs.ru/storage/7/4/1/t28...34_1284741.jpg

1. Divergence on М1
2. Break T/L М1
3. T/L Break on Trix on M1
4. Take profit on S1
+10 pips

3d trade
http://img.pixs.ru/storage/9/9/5/t29...80_1285995.jpg

1. Break T/L on M1 and return again to T/L and bounce off from it
2. Fast trix bounce off from T/L
3. Divergence on M5
4. Take profit on S1
+13 pips
  • #21,555
  • Nov 30, 2010 1:40pm Nov 30, 2010 1:40pm
Hello ff members. Could you please forward me to the pivot lines explanations. I don`t understand what are MR1, MS1, yL and so on. Thanks in advance.
  • #21,556
  • Edited 2:29pm Nov 30, 2010 1:58pm | Edited 2:29pm
Hello vitali,

yL = Yesterday Low
yH = Yesterday High
S1 = Support
R1 = Resistance
MR1 = Middle Resistance (between two resistance lines)
MS1 = Middle Support (between two support lines)
FPV = Pivot

There is also open line and monthly and weekly S/R on higher timeframes.

You can also read TzPivotsD.pdf from the first post in the Manuals and optional.zip file.

please try out this site. Maybe you can find other useful information on babypips too.

http://www.babypips.com/school/forex-pivot-points.html

http://www.babypips.com/school/suppo...esistance.html

Quoting vitali_yv
Hello ff members. Could you please forward me to the pivot lines explanations. I don`t understand what are MR1, MS1, yL and so on. Thanks in advance.
  • #21,557
  • Nov 30, 2010 3:42pm Nov 30, 2010 3:42pm
Quoting WhoDunIt
Hi Cobra


I would really appreciate a simple V3 chart as it was originally intended with a very basic explanation.

Many thanks in advance
Wayne
Hi Wayne

Why don't ya visit the first page and download the V3 zip?

I left it there as it's still valid, V4 is just another design, it's basicly the same thang. In total it was downloaded about 300.000 times only in FF.
  • #21,558
  • Nov 30, 2010 4:17pm Nov 30, 2010 4:17pm
Yeah I download the THV3 too. I feel very useful.

http://preview.shareapic.net/preview7/023991718.gif

I am using thv3 to trade 4 hour. Let's take a look at my 4 hour chart today.
I entry short position since Nov 26.
I still didn't exit the position because:
The candle is Red THV3 HA
It didn't break the Ichimoku
THV3 Trend is Flat and Bearish
THV3 Coral is Red and Bearish
I didn't see my other indicator have a opposite signal.

It is + 258 pips so far.
{Promotion Removed}
  • #21,559
  • Nov 30, 2010 5:27pm Nov 30, 2010 5:27pm
I see a possible chance for a divergence on 4H, the daily is OS as well and we are about to touch the upper wall of a confirmed ICCE D1 channel.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dif 4h.jpg Size: 98 KB
Click to Enlarge Name: os d1.jpg Size: 166 KB
  • #21,560
  • Dec 1, 2010 12:22am Dec 1, 2010 12:22am
Quoting cobraforex
Hi Wayne

Why don't ya visit the first page and download the V3 zip?

I left it there as it's still valid, V4 is just another design, it's basicly the same thang. In total it was downloaded about 300.000 times only in FF.
Many thanks Cobra.
Just to clarify then, the set files included in the original V3 are all still valid and have not been changed or improved upon thus far?

Thanks
Wayne
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