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THV system, final edition

  • #22,081
  • Feb 28, 2011 4:04pm Feb 28, 2011 4:04pm
Hello every one.Ive been reading thred for a 6month.Last week i've started to trade in live acc and i cant get my cave manager 4.1 working i use MT4 platform .Could someone give me a hand with it?When i turn it on the cavemanager smyle is like this-> .Id like to have a traling stop on 20 and no loss after 2pips thats all. Thx in advance. wish me luck
  • #22,082
  • Edited 1:46pm Mar 1, 2011 12:47pm | Edited 1:46pm
Hi,

I have troubles finding the THV3 InfoBox that MissPips has in the left upper corner.

I don't like the THV4 version, the numbers are sort of messed up (and don't know the reason for that either).

The Normal Pivots D indicator has also a nice info box, but I can't really turn off the pivot points.

Well, if anyone knows this or a similar indicator I would appreciate that. Thanks for your time.

Here is a picture of an amazing indicator showing spread, range, high to low:
http://www.forexfactory.com/showthre...32#post2510032

where can I get one of those?


Update: Seems it's a spread and range indicator from thv3, but I can't move it from indicator box to the main window.

Update2: http://www.forexfactory.com/showpost...ostcount=20334
I found a penny today. That's +100 pips for me.
  • #22,083
  • Mar 1, 2011 3:13pm Mar 1, 2011 3:13pm
Quoting ReaM

Update: Seems it's a spread and range indicator from thv3, but I can't move it from indicator box to the main window.

Update2: http://www.forexfactory.com/showpost...ostcount=20334
try edit the indicator and set "which_window" to "0" which is the main window, also you may chose which corner by set "which_corner" accordingly, try it, wont hurt!
  • #22,084
  • Mar 1, 2011 10:54pm Mar 1, 2011 10:54pm
Quoting arunsideas
Friends....

Making consistent profit using THV in 1M or 5M timeframe is little hard for newbies.

Ok what shall we do for that?

Just operate THV with higher time frames ... You ll get more time to analyse.

Once you making consistent profits then reduce time frame...

In this way can make profit and trading skill also improved.

This all my experience, and now I am getting consistent profits. [I am still using 15M , 1H & 4H for my trading].

Happy Trading Friends..

Regards

Arun...
Hi, newbies is here, sorry for my english (which is not my native language).

Arun, can u give a little more explain on how u analyse 15m,1h, 4h while you are using 5m (i guess) for entry?

I myself use 15m & 1h drawing trendline, then looking at 5m to get THV valid entry. But in this way the 15m trendline and 1h trendline make me confusing (when PA broke the trendline).
Am i doing the right way?

recently i found that, looking at 15m to get all enrty condition met except the coral, then switch to 5m wait for valid THV setup to enter, could do a better performance. Is this the actual THV entry method?
  • #22,085
  • Mar 2, 2011 6:04am Mar 2, 2011 6:04am
You're welcome!
Re the histograms see this post
http://www.forexfactory.com/showpost...ostcount=18135

Re the trix, I'm not the author of that indie but you might try removing it and adding it back to the chart and see if that helps.

Quoting Skeff
Hi Miss Pips....
First....thank you for all of your great work on this system.
The version I liked was the one attached. I have concerns whether or not I set it up correctly though.

Are there supposed to be 10 histogram lines?
The top 2 sets appear identical to one another.
Also....The action "exit long" is stuck. When "exit short" appears.... it overlays the "exit long" text. Any ideas how to correct that?

Thanks in advance for your assistance

Mike
  • #22,086
  • Mar 2, 2011 8:14am Mar 2, 2011 8:14am
Hello Friend...

When I am trading , I first look the coral and ichimoko in 15m , 1h & 4h. for

long entry, if all previous condition met then I look 15m trix for good entry. I

wont trade 5m. I wont use pivots ... instead of that i use "#Kg Support and

Resistance".

I wont cut the profit ...I just let it run ...

May this help you....

Happy Trading...
Arun...

Quoting kit_0807
Hi, newbies is here, sorry for my english (which is not my native language).

Arun, can u give a little more explain on how u analyse 15m,1h, 4h while you are using 5m (i guess) for entry?

I myself use 15m & 1h drawing trendline, then looking at 5m to get THV valid entry. But in this way the 15m trendline and 1h trendline make me confusing (when PA broke the trendline).
Am i doing the right way?

recently i found that, looking at 15m to get all enrty condition met except the coral, then switch to 5m wait for valid THV setup to enter, could...
  • #22,087
  • Mar 2, 2011 8:16am Mar 2, 2011 8:16am
Hello, i just would like to know, based on your experience, how many signals could give the THV strategy in a week. i mean to use it on the london/new york sessions.
  • #22,088
  • Mar 2, 2011 9:15am Mar 2, 2011 9:15am
average 4-6 only London session

Quoting dlupianez
Hello, i just would like to know, based on your experience, how many signals could give the THV strategy in a week. i mean to use it on the london/new york sessions.
  • #22,089
  • Edited 12:00pm Mar 2, 2011 10:00am | Edited 12:00pm
ok, thanks, that should be for the 5m timeframe?

actually i was wondering how many signals (average) could the system give if i trade during de london/new york overlap sessions on the pairs eur/usd gbp/usd, using the 5M timeframe.
  • #22,090
  • Mar 3, 2011 1:42am Mar 3, 2011 1:42am
Quoting dlupianez
ok, thanks, that should be for the 5m timeframe?

actually i was wondering how many signals (average) could the system give if i trade during de london/new york overlap sessions on the pairs eur/usd gbp/usd, using the 5M timeframe.
No its for 15m Tf. I wont use 5m time frame and for EURUSD in London session...
  • #22,091
  • Mar 3, 2011 7:28am Mar 3, 2011 7:28am
hi to all,
is there a THV with an alert when "blue" (T3 THV) cross "hull" (hull THV) as you can see in attach image

thx
Attached Image (click to enlarge)
Click to Enlarge Name: thv.gif Size: 40 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #22,092
  • Mar 3, 2011 12:14pm Mar 3, 2011 12:14pm
I'm trying to develop a trading plan and would like to make as short as possible. I would not like to read 3 pages of info before I'm sure all my conditions are met. I know everyone should have their own trading plan that suits their trading, but still I would like to ask for improvements from the experts.. Especially if something crucial is missing.

• Trading on 5M charts
• Use THV V4, template MTF
• Do not trade 30M before or after high impact news
• Trade 08:00 GMT to 17:00 GMT
• Stop loss 11 pips (or cavemanager)
• Take profit 20 pips (or cavemanager)
• Calculate lots 2 % of capital (use spreadsheet)
• Currency pairs: EUR/USD, GBP/USD, EUR/JPY, AUD/USD
• Draw support/resistance lines on higher time frames (1D) in the morning
• Draw Fibonacci lines last low, last high, 1D
• After placed order, monitor candlesticks (PA) on clean chart 1M, consider close on indecision candles or candles in opposite of trade

BUY
1. PA over coral after candle close
2. PA over cloud after candle close
3. TRIX cross, green/green
4. Trend on 1M/5M/15M is up

SELL
1. PA below coral after candle close
2. PA below cloud after candle close
3. TRIX cross, red/red
4. Trend on 1M/5M/15M is down

Ronny
  • #22,093
  • Mar 3, 2011 10:07pm Mar 3, 2011 10:07pm
Hello Friends....

Why all are fixing take profits .... ?

Instead of take profit why cant we use trailing stop ?

What about rule - "Let profit run" ?

If any hard reason let me know.... I ll change myself.

Thanks in advance...

Arun...
  • #22,094
  • Mar 4, 2011 8:20am Mar 4, 2011 8:20am
Hi, I use the system THV ea v.1.11 for several months in demo and I was wondering if I can use it on a live account. thanks for the replies
  • #22,095
  • Mar 4, 2011 3:17pm Mar 4, 2011 3:17pm
Quoting arunsideas
Why all are fixing take profits .... ?

Instead of take profit why cant we use trailing stop ?

What about rule - "Let profit run" ?
Agree with you, I heard a 5M TF trading philosophy is to take some profit by flatting half the position in somewhere (the distance need to be fine tune) and let another half position run with trailing stop.
  • #22,096
  • Mar 4, 2011 8:59pm Mar 4, 2011 8:59pm
Quoting solversen
I'm trying to develop a trading plan and would like to make as short as possible. I would not like to read 3 pages of info before I'm sure all my conditions are met. I know everyone should have their own trading plan that suits their trading, but still I would like to ask for improvements from the experts.. Especially if something crucial is missing.

• Trading on 5M charts
• Use THV V4, template MTF
• Do not trade 30M before or after high impact news
• Trade 08:00 GMT to 17:00 GMT
• Stop loss 11 pips (or cavemanager)
• Take profit 20 pips (or...
seems solid. Could you share your results on this one?
  • #22,097
  • Mar 5, 2011 4:11am Mar 5, 2011 4:11am
• After placed order, monitor candlesticks (PA) on clean chart 5M, consider close on indecision candles or candles in opposite of trade

BUY
1. PA over coral after candle close-wait for poss.retest
2. PA over cloud after candle close
3. TRIX cross, green/green/slow trix =>0
4. Trend on 1M/5M/15M is up
5. RSI OB area-do not trade
SELL
1. PA below coral after candle close-wait for poss.retest
2. PA below cloud after candle close
3. TRIX cross, red/red,slow trix=<0
4. Trend on 1M/5M/15M is down
5. RSI OS area- do not trade
Ronny[/quote]
  • #22,098
  • Mar 5, 2011 11:44am Mar 5, 2011 11:44am
Quoting barbados
Hi, I use the system THV ea v.1.11 for several months in demo and I was wondering if I can use it on a live account. thanks for the replies
In your demo how have your results been?
What version EA are you running?
What are your settings please?

Thanks.
  • #22,099
  • Mar 6, 2011 7:12am Mar 6, 2011 7:12am
Quoting Sesshaumaru
seems solid. Could you share your results on this one?
I'll do that, will look a bit further into the cavemanager settings to see what I would like to use. I'm analyzing last weeks trading right now, making a document I could share in a while. If I'm allowed as a junior member.

Ronny
  • #22,100
  • Mar 6, 2011 7:17am Mar 6, 2011 7:17am
Quoting ricmi
• After placed order, monitor candlesticks (PA) on clean chart 5M, consider close on indecision candles or candles in opposite of trade
Seems like reasonable changes!

1M chart monitoring maybe will get you out way too early. At times I'll not be able to sit by the charts and will be relying on the cavemanager. Will try this on a demo account to fully understand have this works.

Ronny
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