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THV system, final edition

  • #22,901
  • Edited 5:47am Nov 16, 2011 2:54am | Edited 5:47am
What I'm looking for is that wishbone kind of shape in the trix before the trade in the opposite direction (showing there is enough volatility and the dip is good enough), then for the fast trix to come below zero, then for price to stall out and consolidate, then for the slow trix to flatten out and the fast one to turn up and approach it, giving an indication which way the price consolidation is going to break out, this to happen around or near to the zero line (not in o/b for a long or o/s for a short). And I'm looking for it in the direction of the higher tf trixes after a recognizable pattern -triple bottom and range breakout on the 5m chart in this case

Before
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After
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Before
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After
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Quoting traco1
"quote" Re the 1m trix, the right look (usually) is when the fast has gone below zero (for a long) or above zero (for as short), and the slow trix is near zero and flattening out, and you can see the distance between then is narrowing

You mentioned this before, but im having a problem understanding, would you be able to show this when you get a chance.
  • #22,902
  • Nov 16, 2011 3:05am Nov 16, 2011 3:05am
MIss Pips

Thanks for taking the lengthy time to make that explanation..... not many would reply in such detail and post as many charts.....

Most helpful you is...!!

daveM
  • #22,903
  • Nov 16, 2011 3:15am Nov 16, 2011 3:15am
Quoting jlkiddo
Hi all this is my first post as im a bit of a newbie to this forex game!!
Ive been playing around with the thv 4 with good results i was just wondering about the red and green Divergence arrows on the trix. Whats the correct way to use them? are they used for keeping me out of bad trades?

cheers
Divergence is quite a study and it may take you a while to catch on, there are some excellent explanations in this pdf file and you have to know that there is more than this to learn.. this is just a start
Attached File(s)
File Type: pdf Divergence Trading.pdf   486 KB | 1,457 downloads
  • #22,904
  • Nov 16, 2011 3:55am Nov 16, 2011 3:55am
You're welcome. I have a lot of time to kill because I'm only looking for certain situations to trade, and if I see them happening it only takes a second to click the button.
Quoting Blaiserboy
MIss Pips

Thanks for taking the lengthy time to make that explanation..... not many would reply in such detail and post as many charts.....

Most helpful you is...!!

daveM
  • #22,905
  • Nov 16, 2011 4:08am Nov 16, 2011 4:08am
Another example

Quoting Aitofx
Good morning MissPips receive a cordial greeting.

MissPips, what is the methodology that you use to operate with the clean rainbow strategy?

Thanks in advance.
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  • #22,906
  • Nov 16, 2011 4:10am Nov 16, 2011 4:10am
Quoting MissPips
You're welcome. I have a lot of time to kill because I'm only looking for certain situations to trade, and if I see them happening it only takes a second to click the button.
Fussy is the best way, I keep many charts open looking for something that 'speaks' to me, I have learned the hard way to pick and choose.
  • #22,907
  • Nov 16, 2011 5:16am Nov 16, 2011 5:16am
Quoting MissPips
What I'm looking for is that wishbone kind of shape in the trix before the trade in the opposite direction (showing there is enough volatility and the dip is good enough), then for the fast trix to come below zero, then for price to stall out and consolide, then for the slow trix to flatten out and the fast one to turn up and approach it, giving an indication which way the price consolidation is going to break out, this to happen around or near to the zero line (not in o/b for a long or o/s for a short). And I'm looking for it in the direction of...

Ok, I see what you mean !!!, you need that full swing which I guess is a sign of momentum-you have more of a chance of getting that push up or down, thanks.
Look at something long enough, you will eventually get it.
  • #22,908
  • Nov 16, 2011 12:07pm Nov 16, 2011 12:07pm
Quoting MissPips
What I'm looking for is that wishbone kind of shape in the trix before the trade in the opposite direction (showing there is enough volatility and the dip is good enough), then for the fast trix to come below zero, then for price to stall out and consolidate, then for the slow trix to flatten out and the fast one to turn up and approach it, giving an indication which way the price consolidation is going to break out, this to happen around or near to the zero line (not in o/b for a long or o/s for a short). And I'm looking for it in the direction...

Hi MissPips,

Please show me how to add MTF Trix (30m) on the bottom of your chart.

Thank you for your sharing.

Tom
  • #22,909
  • Nov 16, 2011 12:33pm Nov 16, 2011 12:33pm
Set the Timeframe param to 30 and the Autotimeframe and Autotimeframe2 params to false in the THV T3 Trix MTF v1.9 with colorhist indie.


Quoting Tom_Lee
Hi MissPips,

Please show me how to add MTF Trix (30m) on the bottom of your chart.

Thank you for your sharing.

Tom
  • #22,910
  • Nov 16, 2011 12:36pm Nov 16, 2011 12:36pm
Two more examples of good thv setups-today's two entries.
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  • #22,911
  • Nov 16, 2011 1:41pm Nov 16, 2011 1:41pm
Quoting MissPips
Set the Timeframe param to 30 and the Autotimeframe and Autotimeframe2 params to false in the THV T3 Trix MTF v1.9 with colorhist indie.
Hi MissPips,

Thank you for your quick response, but somehow it's still in 1m not 30m. I already set Autoframe and Autoframe2 to false

I'm attaching it's screenshot so you can take a look.

Thanks
Tom
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  • #22,912
  • Nov 16, 2011 2:36pm Nov 16, 2011 2:36pm
Can you show me a screenshot of the Autotimeframe and Autotimeframe2 params?

Quoting Tom_Lee
Hi MissPips,

Thank you for your quick response, but somehow it's still in 1m not 30m. I already set Autoframe and Autoframe2 to false

I'm attaching it's screenshot so you can take a look.

Thanks
Tom
  • #22,913
  • Nov 16, 2011 3:15pm Nov 16, 2011 3:15pm
Quoting MissPips
Can you show me a screenshot of the Autotimeframe and Autotimeframe2 params?
Hi MissPips,

Here's the screenshot of Autoframe and Autoframe2. I did set Timeframe to 30 in other screenshot.

Thanks.

Tom
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  • #22,914
  • Nov 16, 2011 3:56pm Nov 16, 2011 3:56pm
Try this version with same settings.
Attached File(s)
File Type: mq4 THV T3 Trix MTFv1.5wcolorhist.mq4   11 KB | 702 downloads
  • #22,915
  • Nov 16, 2011 9:03pm Nov 16, 2011 9:03pm
Quoting MissPips
What I'm looking for is that wishbone kind of shape in the trix before the trade in the opposite direction (showing there is enough volatility and the dip is good enough), then for the fast trix to come below zero, then for price to stall out and consolidate, then for the slow trix to flatten out and the fast one to turn up and approach it, giving an indication which way the price consolidation is going to break out, this to happen around or near to the zero line (not in o/b for a long or o/s for a short). And I'm looking for it in the direction...
MissPips, please download this template to the forum
  • #22,916
  • Nov 16, 2011 9:10pm Nov 16, 2011 9:10pm
For people new to the THV system, one of the developers, Stratman, has a number of excellent videos on his site. They are well worth a look as he covers the Trix indicator and its application. He also covers how to scalp using this system.

Have a look at his page:

http://www.pipware.com/services/lessons.html
  • #22,917
  • Edited 12:18am Nov 17, 2011 12:03am | Edited 12:18am
Very strange! Just for the heck of it, try changing 30 to 15. Does it show the 15 m trix when you do this? Or still show the 1 m?

Also try using the template below and see if that gets the 30 m trix to work

Quoting Tom_Lee
Hi MissPips,

Here's the screenshot of Autoframe and Autoframe2. I did set Timeframe to 30 in other screenshot.

Thanks.

Tom
  • #22,918
  • Nov 17, 2011 12:17am Nov 17, 2011 12:17am
Enjoy

Quoting dx111
MissPips, please download this template to the forum
Attached File(s)
File Type: tpl thv mtf w 30 m trix.tpl   23 KB | 861 downloads
File Type: mq4 Ichimoku.mq4   5 KB | 846 downloads
File Type: ex4 THV4 Coral [email protected]   5 KB | 894 downloads
File Type: ex4 T3 M5.ex4   4 KB | 772 downloads
File Type: ex4 THV4 Trix called.ex4   28 KB | 909 downloads
File Type: mq4 THV T3 Trix MTFv1.9wcolorhist30m.mq4   11 KB | 982 downloads
File Type: ex4 THV T3 Trix.ex4   6 KB | 717 downloads
  • #22,919
  • Nov 17, 2011 7:57am Nov 17, 2011 7:57am
Quoting MissPips
Enjoy

thank you miss pips for your efforts

is this the last update of the indicators for this good system ???
  • #22,920
  • Nov 17, 2011 9:01am Nov 17, 2011 9:01am
No. The latest update is V4. This is just the way I like to trade the system. It is a version of the 6 lights methodology except that you actually
see what the trixes, 5m coral and 15 m cloud look like (i.e flat, in OB or OS,
nice spread, etc) instead of just seeing lights.

THV provides the tools to help you trade with the trend, but
everybody sort of adapts them to what they feel comfortable with.
I feel more comfortable trading when I know that the higher timeframe
trends are going in the same direction as the trend on the lower timeframe
that I am using to enter.

Quoting zelenko
thank you miss pips for your efforts

is this the last update of the indicators for this good system ???
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