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THV system, final edition

  • #21,841
  • Jan 12, 2011 1:38pm Jan 12, 2011 1:38pm
Good for 10+ pips...
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  • #21,842
  • Jan 12, 2011 2:23pm Jan 12, 2011 2:23pm
One more failed
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  • #21,843
  • Edited 3:32pm Jan 12, 2011 3:11pm | Edited 3:32pm
ricmi, you should at least give the information at what time your entry was and also if long or short...
I would guess you where long at the last try for the fast trix to cross slow trix upwards, on top of the PA move...

..what we have is an overbought market near strong overbought on M15, H1 and M30. Everything in red. ADX Trend shows that uptrend is decreasing too. There is a bearish divergence on M5. You should take a look at the trix of other tf! It's important to have support for the trade.
  • #21,844
  • Jan 12, 2011 3:16pm Jan 12, 2011 3:16pm
Quoting ricmi
One more failed

Some sort of tunnel... Are they MAX non lag?
  • #21,845
  • Jan 12, 2011 3:54pm Jan 12, 2011 3:54pm
[quote=FXler;4308841]ricmi, you should at least give the information at what time your entry was and also if long or short...

I think you should be satisfied.About ta of higher timeframes,we obviously looking for different setups,and where you see confirmed bearish divergence on M5,sorry I dont.Cheeers
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  • #21,846
  • Jan 12, 2011 4:54pm Jan 12, 2011 4:54pm
Hello Misspips,

now I could need your help one more time.

1. Your SAH solved my problem described on this post.. I would like to monitor 12 pairs for good M5 signals with your SAH alarm but I am not sure which criteria to choose.

If I only choose M5 trixcross (ePeriod1 = 5, ePeriod1Type = 4) I get too many signals without support from higher tf's. When I add M15 or/and M30 "Both fast and slow trix" with ePeriodType = 15 I get less alarms with more support from higher tf's but now the trixcross on M5 is often too old to enter the trade.

What would you suggest for M5 to set the alarm for if I want a fresh M5 cross at this time (or at least a few minutes later or earlier, one or two bars maybe) with support from higher tf's? What timeframes and slow-/fasttrix would you prefere to be in the trade direction? Is it useful to convert your fivepoint method for one minute timeframe to my five minute timeframe like m1fast, m5fast, m5slow, m15fast m15slow would be for my timeframe m5fast, m15fast, m15slow, m30fast m30slow? I use M1 for entry if M5 is ready with other criteria. I could really need help with this.

2. I have a few Ideas for more ePeriodTypes if you plan to make an SAH update in the future (and if you like them):

- Include the rainbow, green means intakt uptrend and vice versa. That would help to filter M5 trixcross that are not with the trend, means about 50% less wrong signals trading with the rainbow rule. Is there a good alternative ePeriodType with SAH for the Rainbow?

- Another trixcross that depends on a timefactor. That means we only get a signal if the trixcross is fresh for x- minutes. After that time the trix cross is invalid even if fast and slow trix are still in the direction of the trixcross. If other criteria meet later we don't get a signal for a trade that is too late to enter.

- Maybe you could add more than four rows for ePeriod/ePeriodType. That would make it easier to adjust "bigger" alarms. Or connect two SAH indicators with another SAH. SAH1 checks if SAH2 and SAH3 fullfill the criteria. Something like that.

- Maybe you could connect the alarm from SAH with a small arrow on the specific chart/pair. It's difficult to monitor 12 pairs and search for the names after every signal. I have different sound alarms for every pair too but they often play at the same time and overlay each other. Little markers would help very much.

3. How to deactivate rows that are not needed (If I need three and not four)? If I leave the field empty I get an error that says invalid timeframe. I solved that problem with a double entry.

Don't hurry if you can help, I know it's a lot Many thanks for your help.
  • #21,847
  • Jan 12, 2011 5:14pm Jan 12, 2011 5:14pm
Quoting ricmi
I think you should be satisfied.About ta of higher timeframes,we obviously looking for different setups,and where you see confirmed bearish divergence on M5,sorry I dont.Cheeers
Sorry, I don't understand what you mean. I meant this divergence if this was your entry but maybe your setup was different. No offense. Just what I saw
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  • #21,848
  • Jan 12, 2011 11:59pm Jan 12, 2011 11:59pm
Hey guys I have been reading all the posts back as far as I could, and I love the system, Thanks for all the help and time put into this!

I have installed version 3 successfully but i am confused as to how to run V4 when i unzip the folder I see like 6 or 7 templates.
  • #21,849
  • Jan 13, 2011 2:25am Jan 13, 2011 2:25am
Depends on the day and also what you are calling a 'day' but most days at least 2 to four on average - Franks through mid-Yanks.

Quoting Pip_Doc
Thanks for your reply, one more queasyion
Seems like we have no of opportunities during
A trading, my question might be stupid, and
It depends on day to day, but on average
How many oppurtunities we got in a day?
  • #21,850
  • Jan 13, 2011 2:27am Jan 13, 2011 2:27am
This one is also nice on the 5 m.

Quoting bgbearnavy
I call this a "failed" crossover trade!
  • #21,851
  • Jan 13, 2011 4:15am Jan 13, 2011 4:15am
Well I dont think this answer is going to be that helpful but here goes:

Re adding more rows or connecting two indicators see ths post:
http://www.forexfactory.com/showpost...ostcount=12083

The only way to do it is with an EA. Seller9 has one that might fit your needs. I think it also includes the rainbow. I had added the rainbow to the SAH but removed it because it is a real CPU killer and if someone added it to four rows their PC would probably stop . Also I didnt find it that useful because for me the colors themselves have meaning.

You can use types 23 (all guppies sloping up or down), 24 (all guppies sloping up or down and in order ), 33 ( 3mas in order) or 37 (4 Mas in order and narrow) as proxies for the rainbow (adjust the MAs and the channel for type 37 say 200, 55 31, 13 for the MAs and make the channel large)

Re "Both fast and slow trix" with ePeriodType = 15 I get less alarms with more support from higher tf's but now the trixcross on M5 is often too old to enter the trade."

That's a function of reality not of the alarm, i.e a function of where the crosses are occuring in time, not of when the alarm is alerting you. Not all the 5m crosses are positioned well from the point of view of being fresh at the time that they have higher tf support.

Re suggestions setting parameters for higher timeframes - cant help you because I only trade the 1m. You'll have to do your own testing.

Re deactivating rows not needed - you cant but you can not include them in the alarm using the countetype params.

Re little arrows - the indie is limited to 8 buffers as mentioned in the referenced post above and they are all in use. Also an indie can be either in the chart window or in a separate window but not both .If you use alerts instead of sounds you can give each one its own name in the messageid param. I think seller9's ea might have that feature though.

Re the other suggestions, yes I see your points and thank you for sharing your ideas. What you have to understand is that I only trade EURUSD and so I don't need a lot of features. In fact I dont even use the alarm since I am watching the pa when I trade except during news breaks. So what I mostly do is if I think I will use an idea I include it in the SAH and if I like it then I share it. But basically I don't take requests for development that I'm not planning to use or at least try out myself anymore. This may seem selfish but otherwise I just get innudated with requests from people who are looking for someone to program their ideas for them for free.

I'm not trying to be disparaging of your ideas - its just that I only have so much free time and I'd rather spend my time working on my own ideas than someone elses unless I think that I might use those ideas also.

Quoting FXler
Hello Misspips,

now I could need your help one more time.

1. Your SAH solved my problem described on this post.. I would like to monitor 12 pairs for good M5 signals with your SAH alarm but I am not sure which criteria to choose.

If I only choose M5 trixcross (ePeriod1 = 5, ePeriod1Type = 4) I get too many signals without support from higher tf's. When I add M15 or/and M30

What would you suggest for M5 to set the alarm for if I want a fresh M5 cross at this...
  • #21,852
  • Jan 13, 2011 4:39am Jan 13, 2011 4:39am
Quoting MissPips
Depends on the day and also what you are calling a 'day' but most days at least 2 to four on average - Franks through mid-Yanks.
Hi MissPips

On which timeframe do you have this average ? Thanks
  • #21,853
  • Jan 13, 2011 4:59am Jan 13, 2011 4:59am
1m. But you have to remember that what this trade really is is a trade inside a 5m trix cross where both the 15 trix is favorable (supporting) and the 1m trix is favorable (coming out of a retrace ) in the direction of at least the 1m trend and preferably also the 5m trend

Quoting Stackhouse
Hi MissPips

On which timeframe do you have this average ? Thanks
  • #21,854
  • Jan 13, 2011 6:11am Jan 13, 2011 6:11am
Quoting FXler
Sorry, I don't understand what you mean. I meant this divergence if this was your entry but maybe your setup was different. No offense. Just what I saw
No,FXler,as you can see,this is long trade, and divergence which you draw is unconfirmed,because PA did not broke TL and PC,also we do not have trix cros on zero or below zero line.I hope this will be useful.
Cheers
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  • #21,855
  • Jan 13, 2011 8:40am Jan 13, 2011 8:40am
Quoting MissPips
1m. But you have to remember that what this trade really is is a trade inside a 5m trix cross where both the 15 trix is favorable (supporting) and the 1m trix is favorable (coming out of a retrace ) in the direction of at least the 1m trend and preferably also the 5m trend
You might have answered this before and if you have I apologize, but how many pairs are you watching with ur setup ?
Look at something long enough, you will eventually get it.
  • #21,856
  • Jan 13, 2011 2:24pm Jan 13, 2011 2:24pm
Only trade it on EUROUSD. I watch others but just for confluence.

Quoting traco1
You might have answered this before and if you have I apologize, but how many pairs are you watching with ur setup ?
  • #21,857
  • Jan 13, 2011 3:04pm Jan 13, 2011 3:04pm
Quoting MissPips
No. You need to use your judgement. I tend to think of in more in terms of time that has passed since the higher tf trix crosses and where the trixes are in relation to each other. I like to see a fresh trix cross on the 5 m and if not then on the 15 min.

It's like Goldilocks. I don't want trades that are 'too hot' or 'too cold'. This method is looking for the ones that are 'just right' which is usually when the 5 and 15 m trixes have flipped near each other at the point where you enter, or where a 5 m trix flip has gone on for a bit but has...
With this style of trading are you respecting the coral on the 15min, or it really doesnt matter for you ? ie 15min fliped down but is still way above the coral would you still look for trades if 5min flipped down right behind it ?
Look at something long enough, you will eventually get it.
  • #21,858
  • Jan 13, 2011 6:38pm Jan 13, 2011 6:38pm
Here is the latest Dash Board with RainBow, RSI and Stochastics. Please read the PDF, it installs just like the previous one. Read the complete PDF because this version is shown at the end of the PDF. In the settings you can set the time between RainBow refreshes, if you set it too short it will HAMMER your CPU to death, or you can just turn it off. At this time the RainBow and TDI are only for reference and are not used in any of the alerts, but they look nice, lots of colors. The previous version and this one are in the PDF. Be sure all the indicators are in your indicator folder and check your Journal for errors to make sure your not missing something. If you start it up on a number of charts it may take a few minutes as there are a lot of calculations done for the RainBow. Also be sure to check your files folder to make sure it has created the needed files before you launch the Dash Board or you will get the "File not Found" error. Also make sure your path to these files is correct in the config setup. Read the PDF at least 2 times. The keys below the RainBow and TDI windows refer to the TDI bars, numbered from 1 to 5 from left to right.

Good Luck

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Feedback is nice, but please, not a lot of stupid questions. Reda the PDF, the answers are there. Also read this forum, all the THV answers are here.
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  • #21,859
  • Jan 14, 2011 12:55am Jan 14, 2011 12:55am
I have the 15 coral on the chart and if the trade was close to it I wouldnt take it on the assumption that price would bounce off of it, but if it was far above it I would, on the assumption that price would try to go back and touch it - if all other conditions were ok.

Quoting traco1
With this style of trading are you respecting the coral on the 15min, or it really doesnt matter for you ? ie 15min fliped down but is still way above the coral would you still look for trades if 5min flipped down right behind it ?
  • #21,860
  • Jan 14, 2011 6:04am Jan 14, 2011 6:04am
Hello Misspips, thanks for your answer. It was helpful.

"This may seem selfish.."

No, really, it is not. The ideas where meant as a win win situation and if you don't need them I can understand that you don't implement them. I will try Seller9's indicator too, thanks.

Thanks for the update, seller9.

Quoting MissPips
Well I dont think this answer is going to be that helpful but here goes:

Re adding more rows or connecting two indicators see ths post:
http://www.forexfactory.com/showpost...ostcount=12083

The only way to do it is with an EA. Seller9 has one that might fit your needs. I think it also includes the rainbow. I had added the rainbow to the SAH but removed it because it is a real CPU killer and if someone added it to four rows their PC would probably stop . Also I didnt find it that useful because for me the colors themselves...
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