THV system, final edition

EURUSD M15 & M60 template.

Hi Toranaga, if you are targetting 3-5 pips per trade, and your stop loss is 5-25 pips, what is your winning trade ratio. At this R:R ratio, even if you have 80% winning trades, still you will kill your account.

If we take the extream results:
30 trades per day with 80% wins
Profi= 30 x 80% x 5 pips= 120 pips
loss:= 30 x 20% x 25pips= 150 pips

Net loss: 30pips.

Take the average:
20 trades @80% x 3.5 pips= 56pips profit
20 trades @20% x 15pips= 60 pips loss

Net loss: 4 pips.

Please explain how do you profit.

The quoted above was a brief description.

I did not said I target 3-5 pips, i said he should try to do that..

5-25. Yes, thats my SL (usually) but he is variable, depends on previous loss or gain trades and the proximity or not to the next fib. pivot. Or the next next.. And the ATR. The ATR Info indi is such a great thing.
Who made it ?

(that reminds me. I made today a great Screen cap how the Trix 'fails'
despite perfect conditions, but perfect only if you dont have a look at the pivots and did not followed the chart for at least one hour in M1 (?).
With Pivs. and stalking, a no trade.
That was cool avoiding it, what a trap !!)

So that are two different things mixed up but still a nice calculation.
That would be true with that system.

But also i, if i receive a 25 or sometimes 40 pips SL i pause a hour or stop trading for this day if i have a another 10 or 15 - strike.

I target 3-25 or 40-100 pips (News) in 20 sek till 2-4 minutes.

Took the Cobras advice. Daily goal 50 pips.
If you perfect the THV trading,

knowing what you do, also taking in context pivots and higher TFs for your trade decisions, and trade disciplined (thats my greatest fail )
and try to see the daily trend.. And be 5-10 hours in M1 TF on screen

you can make 10 successful trades per day and have your 50 pips.

Working on it.

Then, when is it no prob for you doing that, increase your $$ to 2 or 5 $ per pip and enjoy it.

(Notice for my self, again, have to work on my NO SL widening.. and no more entries because you're bored..
then much less stress..)


That became a long post..

i quoted my self

Unfortunately i forgot to make a screen cap with without Pivots.
So imagine them out. Nice jump, trix cross near 0 ATR 9 i think i can remember the M5 also showed a up..

But.. power on the fib pivs and there is a no trade.
I love pivots, did i said that ?

Hello
I'm just beginning use the Thv system

I was short at 1.7775 ( red arrow) and was stopped at 1.2790 ( red cross)
was my entry point good ?



Is someone user the thv3 system with a indice ( ie french indice Cac40 with igmarkets cfd FRA40, or others indices like dj ...) ?

Excuse my english, i'm a french people

regards

I'm really not lucky
Look at the graph

hi guys,
i'm just new to this forum and i found this sytem is very interesting
can someone point out to me the template for this system
it will really be helpful
thanks

first few posts..

Toranaga, I was about to say that targetting 3-5 pips gives you good winning trades, good luck with it. But it appears you do not target 3-5 pips. I am unsure what should be the SL, if take profir is 3-5 pips.

Day trading is not an attempt to catch every pip. Many traders have commented there is usually 3-5 good trade setups in a day.

How you achive 30 trades. It is not a good idea for a new trader to focus morethan 1 pair.

It is important not to over trade, is it not. My humble view is, if any new trader following advice from other, please stick to THV team members listed in page 1. No harm listning to other traders but following it is another matter.

Hi,

I tryed both of version (v1.5 wcolorhist, v1.9 wcolorhist30m ),

but sorry dosen't work.

Pls, somebody send a working version.

Thanks
V.

this one works fine for me, just don't forget to change the hot number to 1,2

Ok, thanks.

V.

Trades from late last night. Thanks to Miss Pips.

I need a indicator of MTF version...

this indi is good for some ways, but if it shows only a current time frame.

thank you in advance...

The Misspips template works by Pepperstone, but by Alpari or Dukas doesn't...

all setup same

I don't understand...

V.

Somebody has tested if THV4 works in MT4 to mobile!!! or iPhone edition????

toafdawg can you please attach your indicators and tpl?

My chart is essentially based on Miss Pips rainbow method, but I also incorporate some of the method behind behind JTee's 1 min THV flag trading.

Hi all !

Thank's for sharing these indicators. Nice job !

I installed the V4.exe and launched it on MT4. I have the smiley on the right of the screen and my expert Advisors is green, but my EA doesn't take any trade. Can somebody help me ? I launched it on 2 computers on M5 and M15...

Thank's in advance for your help

Nobody can help me ?