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THV system, final edition

  • #22,461
  • Jul 5, 2011 3:58pm Jul 5, 2011 3:58pm
Quoting toafdawg
I'm not a programmer, but you probably need to provide a template or indicator list with settings for someone to code what you're looking for.

I just need the system to do the following. If 1 hour fast trix is green and when 5 min fast trix turns green then buy. Exit when 1 hour fast trix turns red.

If 1 hour fast trix turns red and when 5 min turns red, then short, cover when 1 hour fast trix turns green.
  • #22,462
  • Jul 7, 2011 11:30am Jul 7, 2011 11:30am
[quote=cobraforex;2351491]

Welcome Traders and Beginners.


I present and share a system which I compiled to MT4.


The original idea came from an experienced trader (since 1994) his name here in FF is Turhovach he has the age of 59 years (not too far away from me, lol).



I have absolutely no commercial interest on what is shown in this thread, we are here to help each other.



I found the THV setup very easy to observe and to work with and started to get everything together on the MT4 platform in october 2008. There is not too much left from the first chart of Turhovach, we added the THV Trix indicator which is the heart of the final product.

We had more than 180.000 downloads from this and my privat webpage till timestamp of today (28th of September 2009)

http://www.cobraforex.com/other/V3thread.jpg



Please read Post # 75 and the actual V3 manual before starting up





The main V4 rules:


Entry: Above Coral only long, below Coral only short
Price crosses cloud - both Trix cross each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix on the zero level.

Exit:Faster Trix changes color and/or touch of a known good resistance/support level.


Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - -80) or a black cat that cross your screen


Stop Loss: please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.


I use THV mainly for scalp trades but many traders use it in higher time frames.
We, the THV team proved it only on 1M and 5M. The 1M TF is only for extreme scalping and needs good FX skills !!!




These are the only rules; anything else depends on your basic knowledge on FX and your feelings.



My special thanks to SpecialED, TradeWell and Eddiemiller for trying the first beta setups, Doblece for helping me in MT4 V220 compiling issues and AK4X to keep me always in good mood and suggesting to open this thread.

And at the end to Turhovach for pesenting his charts and settings in FF and so making me suspicious what is behind of that and last but not least, my wife, giving me the time to get all this done.


Also thanks to MissPips for the developement of the MTF trading method, to Traderathome for his efforts on the contionious developement of the THV Pivot indicator, to Peter D for the birth of the THV Info indicator, Caveman for the developement of the THV Cavemanager, xux99 for his inconditional developement of the THV EA and finally to Stratman for his mini chart indicator.
There are many more to thank but the list will be too long.

Thank you all

http://www.cobraforex.com/new.gif
New, cleaner chart with more functions and sound support, THV V4, released:
Download the template and manual below




The actual THV team: Doblece, MissPips, Tradewell, Gofer Pips, Special Ed, Cashmeer, SeerEye, Karun, Caveman, Stratman and Cobra.


We don't offer source codes of the system as there have been many free systems been sold under another name in Ebay.
Who ask for them will be banned from posting in this thread !!!




Sample of a good daily trading plan: Decidence

Spanish Manual: THV MANUAL ESPANOL

My screens: Screens 1 Screens 2


Trade examples:
AUD trade 16 nov 08 17 nov 08 19 nov 08 20 nov08 21 nov 08

Stratman's THV Trading videos

Technical explanations:
Fibonacci pivot indicator Pivots and brokers

Repainting of MTF is no issue

Informative post from a long time THV trader:
Jack Herer

Please, if you downloaded THV and you have an objective opinion after trying THV for a while (good or bad) please leave a rate on the right upper corner of this page, this help other traders to see if reading the thread has value, Thanks


The THV team wish you a a great trading result for now and ever.

If you experience problems in the download and have an extension like .php change it to .zip or use Firefox for downloading!!!

Sorry Folks, I have to go for a good while, the reasons are explained in this post:
http://www.forexfactory.com/showpost...ostcount=19888

Trade well and as secure as you can.

Cobra[Hi:
thanks for sharing this excellent system. I have been using it with positive results. Only I have a litle doubt. What do "yL" "MR" and "MS" exactly mean? they apear on the chart and I figure they are related with the pivot points.]
  • #22,463
  • Jul 7, 2011 3:50pm Jul 7, 2011 3:50pm
Quoting donlao
[Hi:
thanks for sharing this excellent system. I have been using it with positive results. Only I have a litle doubt. What do "yL" "MR" and "MS" exactly mean? they apear on the chart and I figure they are related with the pivot points.]
yL - yesterday Low
yH - yesterday High
MS - if you use TzPivotsD indy - means middle support (daily), if you use TzPivotsMW means month support
MR - if you use TzPivotsD indy - means middle resistance (daily), if you use TzPivotsMW means month resistance
Made in Ukraine
  • #22,464
  • Jul 7, 2011 5:10pm Jul 7, 2011 5:10pm
is this still working for anyone....?
  • #22,465
  • Jul 7, 2011 5:20pm Jul 7, 2011 5:20pm
It sure is
  • #22,466
  • Jul 7, 2011 6:27pm Jul 7, 2011 6:27pm
Quoting Badass_UA
yL - yesterday Low
yH - yesterday High
MS - if you use TzPivotsD indy - means middle support (daily), if you use TzPivotsMW means month support
MR - if you use TzPivotsD indy - means middle resistance (daily), if you use TzPivotsMW means month resistance
thanks..
How to opt out annoying user signatures ??
  • #22,467
  • Edited 9:54am Jul 8, 2011 9:33am | Edited 9:54am
Quoting MissPips
Hi all,

Here is a new version of the SAH. It has a couple of new types related to the TDI, and mainly, the ability to send email alerts.

I have received a lot of requests for this so I am adding it. I don't use this myself, but I have tested it to make sure it works. You will have to configure your MT4 to send emails in the Tools->Options->Emails tab in order to use this new feature.
Hi Miss Pips, I don't post much anymore but i have to say thanks for the new SAH. I have always been a big fan of all your SAH releases, and this one is great I love all the extras, using it on the M15, and I like what I see.

The email alert is a big bonus thanks for that, I am able to send straight to my mobile phone. Run the SAH on a VPS and you can get woken up by text messages all night.

This is how I have set up the email alerts if anyone is having problems.

The email provider gmx.com (it's free).

go to MT4 and follow Miss Pips instructions which are quoted above.

smtp: mail.gmx.com
smtp login: [email protected]
smtp password: ******(your password)
from: [email protected]
to: your phone [email protected] (your cell phone number or email; in my case [email protected])

---------------------------------------------------

I am using differents settings like Type 19 - All ThV. Green when price is above coral and cloud and both trix lines are green, red when price is below coral and cloud and both trix lines are red. However trix does not have to be crossed in the direction of the slope.

I don't know if you could do this in future updates but would you be able to make another type such as 19 but include the price is not in OB or OS zones in relation to THV Trix v6.01 or which ever Trix version you prefer to use.

The screen shot below shows two 4/4 signals one is a good trade and the other is in the OB/OS zone, and ofcourse this will send an sms/email alert.
Attached Image (click to enlarge)
Click to Enlarge Name: misspips.JPG Size: 66 KB
  • #22,468
  • Jul 8, 2011 11:59am Jul 8, 2011 11:59am
You're welcome. What do you mean by price is not in the ob os area ? Do you mean that the fast trix is not above/below the ob os area or the slow trix or both of them?

Quoting neild1971
Hi Miss Pips, I don't post much anymore but i have to say thanks for the new SAH. I have always been a big fan of all your SAH releases, and this one is great I love all the extras, using it on the M15, and I like what I see.

The email alert is a big bonus thanks for that, I am able to send straight to my mobile phone. Run the SAH on a VPS and you can get woken up by text messages all night.

This is how I have set up the email alerts if anyone is having problems.

The email provider gmx.com (it's free).

[size=4][u]go...
  • #22,469
  • Jul 8, 2011 12:25pm Jul 8, 2011 12:25pm
Yes. Thv should work for the foreseeable future because it is based on one of the oldest and most tried and true trading methods:

1) Trade only in the direction of the trend
2) In an uptrend, buy the dips and in a downtrend sell the tops.
3) Enter the trade as price is accelerating out of the dip/top, preferably as it bounces off of something sturdy (like for example a pivot or a nice solid support or resistance line)

THV supplies the tools to help you do this (the coral, the cloud ,the trix and the THV pivots), but it is a method, not a system.

The trader still has to evaluate whether a trend exists, whether it has enough momentum, whether there is a clear road ahead or one with a big roadblock 2 pips away, whether the daily range has played out and it is therefore not worth entering a trade, whether there is news that could reverse the trend in 5 minutes before placing a trade ,to manage the risk, etc.

It is your ability to do this, rather than any given indicator or set of indicators that is the make or break factor here This comes from a lot of time in front of the screen learning how the pair or pairs you trade look/act when they are in a trend vs consolidating in a range, and from knowing through experience/chart reading where they are likely to get stuck or go into free fall. ( Once you learn to 'see' a trend and S/R, then you can do the same THV type trades with about any MA and a momentum indicator of some sort, though the THV trix and Coral are among the better ones. Some people can even do it without using any indicators at all - just by looking at price)

Quoting whatfx
is this still working for anyone....?
  • #22,470
  • Jul 8, 2011 1:31pm Jul 8, 2011 1:31pm
i have been looking around but cant find one. does anyone has a version of THV TRIX that only shows one color/values per line? like the stoc version but using the calculations of trix. thanks!
  • #22,471
  • Jul 8, 2011 1:59pm Jul 8, 2011 1:59pm
Page 1500

Congratulations !!!!!!
  • #22,472
  • Jul 8, 2011 5:01pm Jul 8, 2011 5:01pm
Quoting neild1971
Hi Miss Pips, I don't post much anymore but i have to say thanks for the new SAH. I have always been a big fan of all your SAH releases, and this one is great I love all the extras, using it on the M15, and I like what I see.

The email alert is a big bonus thanks for that, I am able to send straight to my mobile phone. Run the SAH on a VPS and you can get woken up by text messages all night.

This is how I have set up the email alerts if anyone is having problems.

The email provider gmx.com (it's free).

[size=4][u]go...

How do you set for type 19 ?
Look at something long enough, you will eventually get it.
  • #22,473
  • Jul 8, 2011 5:34pm Jul 8, 2011 5:34pm
Quoting traco1
How do you set for type 19 ?
nevermind I think i got it
Look at something long enough, you will eventually get it.
  • #22,474
  • Jul 9, 2011 4:47am Jul 9, 2011 4:47am
Quoting MissPips
You're welcome. What do you mean by price is not in the ob os area ? Do you mean that the fast trix is not above/below the ob os area or the slow trix or both of them?
Hi Miss Pips, sorry for not making myself clear I re-read what I put and I meant exactly what you worked out it should be. 'Fast trix is not above/below the ob os area'. Sorry about that.
  • #22,475
  • Jul 10, 2011 11:38pm Jul 10, 2011 11:38pm
Ok, I'll look into it for the next release.

Quoting neild1971
Hi Miss Pips, sorry for not making myself clear I re-read what I put and I meant exactly what you worked out it should be. 'Fast trix is not above/below the ob os area'. Sorry about that.
  • #22,476
  • Jul 10, 2011 11:55pm Jul 10, 2011 11:55pm
Try the THV t3 Trix

Quoting outloud20
i have been looking around but cant find one. does anyone has a version of THV TRIX that only shows one color/values per line? like the stoc version but using the calculations of trix. thanks!
  • #22,477
  • Jul 11, 2011 3:45am Jul 11, 2011 3:45am
Hi,

Any body know why I got some noise lines (pls C attachment) ?
I got this in 1M, 5M, 15M, 30M & H1 TF. What is wrong ?

Thanks
-pedma-
Attached Image (click to enlarge)
Click to Enlarge Name: thv3-1.jpg Size: 38 KB
Good friends are more valuable than gold ...
  • #22,478
  • Jul 11, 2011 12:44pm Jul 11, 2011 12:44pm
Please post a screenshot of your indicators list and the objects in your objects list.

Quoting pedma
Hi,

Any body know why I got some noise lines (pls C attachment) ?
I got this in 1M, 5M, 15M, 30M & H1 TF. What is wrong ?

Thanks
-pedma-
  • #22,479
  • Jul 11, 2011 12:47pm Jul 11, 2011 12:47pm
Quoting whatfx
is this still working for anyone....?
After almost two years in Forex and blowing many live accounts, I am just beginning to trade profitably on a consistent basis, Thanks to THV. This system and indicators are great. A very big thanks for Cobra and the team. These guys are some of the generous people I have met. The only thing that can mess me up again is my greed for pips and the urge to ignore the rules. This is possibly the most difficult thing to handle.
  • #22,480
  • Jul 11, 2011 3:22pm Jul 11, 2011 3:22pm
Hello Miss pips, I am trying out your indicator and the 2nd line appears to be not registering, any suggestions ?
Attached Image (click to enlarge)
Click to Enlarge Name: 23.jpg Size: 163 KB
Look at something long enough, you will eventually get it.
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