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THV system, final edition

  • #23,221
  • Jan 26, 2012 8:47am Jan 26, 2012 8:47am
I also read the 1 Min THV Flag Trading thread.

It's also intresting!

Wonder about THV EA anyone know if there is a working version?
Pick battles big enough to matter, small enough to win. ~Jonathan Kozel
  • #23,222
  • Jan 26, 2012 9:43am Jan 26, 2012 9:43am
Quoting trader2012
Thanks for your nice trading system.

I'm a bit confuse with coral rules.
It says --> Entry: Above Coral only long, below Coral only short
How about colour of coral? Does it matter?
Oh yes! When the Coral is Green, we only take long (buy) trades. When the Coral is Red, we only take short (sell) trades.

By doing this we are always (in theory) trading with the trend, which is shown by the Coral.

HTH
  • #23,223
  • Jan 26, 2012 9:54am Jan 26, 2012 9:54am
Quoting forexgator
Oh yes! When the Coral is Green, we only take long (buy) trades. When the Coral is Red, we only take short (sell) trades.

By doing this we are always (in theory) trading with the trend, which is shown by the Coral.

HTH
Although personally, I do break this rule every day. For example, I went long on EURUSD at about 09:10 this morning. Coral didn't change colour to green until about 09:50.
  • #23,224
  • Jan 26, 2012 10:04am Jan 26, 2012 10:04am
Quoting trader2012
Thanks for your nice trading system.

I'm a bit confuse with coral rules.
It says --> Entry: Above Coral only long, below Coral only short
How about colour of coral? Does it matter?
No,colour of coral is not important at all.Colar is 5 period T3 MA on 60m TF.You can use onecolor 60 (5x12)T3 MA or 60 LWMA.
  • #23,225
  • Jan 26, 2012 10:20am Jan 26, 2012 10:20am
Quoting ricmi
No,colour of coral is not important at all.Colar is 5 period T3 MA on 60m TF.You can use onecolor 60 (5x12)T3 MA or 60 LWMA.
Thanks for clarifying that, ricmi. Obviously I got it wrong - apologies.
  • #23,226
  • Jan 26, 2012 11:19am Jan 26, 2012 11:19am
Quoting donky
thank you forexgator.

Here is what i think is going on they are hunting stops
and it seems to play out like this.
can you attach your template and indicators please
  • #23,227
  • Jan 26, 2012 11:23am Jan 26, 2012 11:23am
Quoting forexgator
I understand the problem now! If other users do not have access to the indicators I suggest you try either of the following:

1. Post the problem with Windows 7 on the forum on the www.cobraforex.com site. If Cobraforex uses Windows XP he may not know there is a problem with the installer.

2. Alternatively use the Pipware version, where you can access all the .ex4 files.

Hope this helps.
THANK YOU FOR YOUR REPLAY

BUT I DIDNT FIND THIS IN PIPWARE SUITE

1-thv mtf cloud histo

2- thv mtf trix histo

CAN YOU HELP ME WITH THAT PLEASE ??

AND ANOTHER QUISTION PLEASE I SAW AN INDICATOR CALLED ( SWISS ARMY HISTOGRAM)) IN Many posts > can you till me what is it's function or what it depend on ( trix ,coral,cloud ) ?????
  • #23,228
  • Edited 12:01pm Jan 26, 2012 11:51am | Edited 12:01pm
Quoting zelenko
can you attach your template and indicators please
Here is the template i modefied hope it serves you wel.
for all the indicators you can get them from the thv4.
Attached File(s)
File Type: tpl thv template.tpl   734 KB | 822 downloads
Pick battles big enough to matter, small enough to win. ~Jonathan Kozel
  • #23,229
  • Jan 26, 2012 4:37pm Jan 26, 2012 4:37pm
Quoting zelenko
THANK YOU FOR YOUR REPLAY

BUT I DIDNT FIND THIS IN PIPWARE SUITE

1-thv mtf cloud histo

2- thv mtf trix histo

CAN YOU HELP ME WITH THAT PLEASE ??

AND ANOTHER QUISTION PLEASE I SAW AN INDICATOR CALLED ( SWISS ARMY HISTOGRAM)) IN Many posts > can you till me what is it's function or what it depend on ( trix ,coral,cloud ) ?????
Salam Zelenko,

In the Pipware suite there are 8 files ending in .ex4 that will appear in the indicators directory.

Cloud (Kumo cloud) is part of a standard MT4 indicator, so it should appear on the indicators list as "Ichimoku Kinko Hyo". Because it is standard MT4, it is not listed in the pipware indicators.

Trix is the indicator called "pipware-thv-trix"

If I have not understood you correctly please let me know. Your English is very much better than my Arabic!

"Sorry" I am not aware of the Swiss Army function - perhaps a more experienced THV user can help you with that!


Hope this helps.
  • #23,230
  • Edited 9:32am Jan 27, 2012 2:51am | Edited 9:32am
This question according to me is for my survival, .....may sound too childish or too early to think about but very relevant for my future

in the near future..when all brokers will shift to mt5....and mt4 no longer supported, then what we will do, as this is one of the best system i have ever seen in all my trading career...i say best of all..so if any body could answer my question i will be very thankful to him.......

in future could anyone provide its mt5 upgrade....as i know nothing about coding......
i request Mr Cobra to answer my query....
or someone else answer it please.....i fully depend on this system for my daily bread and butter......
you are the creator of your own destiny-Shivyog
  • #23,231
  • Jan 27, 2012 5:07am Jan 27, 2012 5:07am
Quoting lsolanki

..... in future could anyone provide its mt5 upgrade....as i know nothing about coding......
Hello Isolanki,

I cannot answer this question on behalf of cobraforex, so I will just give you my personal thoughts.

I am not sure if you are experienced in how computer languages work, but to get a program to work you need the source code (the code the program was written in, using English words) which is then automatically complied (translated into computer language) by the Metratrader application. So, for MT4, the source code would be program_name.MQ4 which is then complied to program_name.EX4. With MT5 it will be program_name.MQ5 which is complied to program_name.EX5.

Now, cobraforex and the other programmers who developed the system have not put the source code on this site, which is entirely fair, since it was their efforts that developed the system, and they do not want other people to copy it and sell it on to users.

So, in my view there will be at least 3 or 4 solutions to the problem.

1. I really do not believe that MT4 will disappear overnight, and I think that many brokers will continue to offer MT4 for a considerable period of time. You might possibly have to switch to a broker that continues to offer MT4, however.

2. Cobraforex and others may be willing to generously contribute their time to translate the project to MT5. Perhaps you could go on to cobraforex's site and ask him, very very nicely, if he has any plans to translate the system to MT5.

3. If we take the bare essentials of the application, it consists of Ichimoku Kumo cloud, TRIX and Cobra indicators. In fact the source code for Ichimoku and Trix is in the public domain, that is the source code is freely available in MQ4 and the code is already available for MQ5 as well. The source code for the Cobra indicator is not available, but I think it could be replaced with some other long term trend indicator, where the code is available in MQ5. So, this means that a competent Metratrader programmer could produce an MT5 system fairly quickly. It would not be as good as this system, it would not have all the functionality, and it would not look so professional, but it could be used for trading purposes.

4. The guys at Pipware may also have some plans to produce a MT5 version, and again, you might like to ask them, very very nicely if they have any plans to do this.

"Sorry" for the length of my reply, but it is a subject of some importance in the long term.
  • #23,232
  • Edited 7:06am Jan 27, 2012 5:36am | Edited 7:06am
Quoting donky
Here is the template i modefied hope it serves you wel.
for all the indicators you can get them from the thv4.

Donky,
I'm very interested in knowing how you read those indis below the THV4 trix. Can you explain? When buy and sell? Thank you for uploading your template.
  • #23,233
  • Jan 27, 2012 5:46am Jan 27, 2012 5:46am
Quoting forexgator
The only part of the standard Ichimoku that is used on the v4 template is the Kumo cloud, (see colors tab) with parameters 2, 3 and 5 (parameters tab). This makes the cloud very thin and allows possible breakouts to be identified much earlier. The parameters on the standard version are 9, 26 and 52 which makes for a much deeper cloud.which eliminates more false breakouts. So Toranaga San is completely correct - it is the same.

Thank you gator. I was wondering what set up you use? Looks like the original THV system used the setting of 2,5,8. Looks like a good spot. Danke
  • #23,234
  • Jan 27, 2012 5:47am Jan 27, 2012 5:47am
Quoting toafdawg
Just took a long rainbow signal at 1.3116. Target is 1.3130, SL is 1.3099.
May I ask what rainbow signal are you stating? Can you attach a screenshot of your chart set up? Thank you.
  • #23,235
  • Jan 27, 2012 5:50am Jan 27, 2012 5:50am
Quoting forexgator
Hello Isolanki,

I cannot answer this question on behalf of cobraforex, so I will just give you my personal thoughts.
......
Now, cobraforex and the other programmers who developed the system have not put the source code on this site, which is entirely fair, since it was their efforts that developed the system, and they do not want other people to copy it and sell it on to users.....

4. The guys at Pipware may also have some plans to produce a MT5 version, and again, you might like to ask them, very very nicely if they have any plans...
Thanks... it does give some relief.......
you are the creator of your own destiny-Shivyog
  • #23,236
  • Jan 27, 2012 6:04am Jan 27, 2012 6:04am
Good day to every one.

Anybody know how to setting MTF indicator so it can shows previous history more longer?
Cause after go backward around 1000 bar (1min TF), MTF indicator colour is not same as TRIX indicator.

Thanks
  • #23,237
  • Jan 27, 2012 6:07am Jan 27, 2012 6:07am
Quoting FXSwissTrader
Thank you gator. I was wondering what set up you use? Looks like the original THV system used the setting of 2,5,8. Looks like a good spot. Danke
Guten Tag, mein Freund,

Ich habe nur ein bischen Deutsch - "Zwei Bier bitte, mein freund bezahlt!"

2, 5, 8 gives you a slightly deeper, or thicker cloud, and I think that looks fine. I have one version set up with 2, 3, 5 and that gives a very thin "wispy" looking cloud, and that looks OK as well.

Tschuss
  • #23,238
  • Jan 27, 2012 6:11am Jan 27, 2012 6:11am
I also can't speak for Cobra - it's his system and thread. However, actually all the source code for the basics of the system is available.

The THV T3 Trix contains the basic code for the Trix, and Cobra published it here in the thread ages ago. It just isn't fancy with changing colors based on the slope of the trix lines, divergence lines and analyze buy and analyze sell notifications. But it gets the job done.

The Coral is also here in the thread (see the code for T3 M5 or HelpY), except these also don't change color when the slope of the MA changes. If you need that you can find it in XPMA, type 4, MA length 21, and the code for that is available in FF.

The Ichimoku is part of Metatrader - THV just uses different settings.

The MTF trix is the same as the basic code for any of the other MTF indies that you see around FF and you can find it in the MT4 codebase. It just calls the trix instead of (for example) HA candles. THE SAH is also the same except it has some other goodies like the ability to mix and match indicators besides just the trix, and better control over how and when you get alerts.

Also I don't doubt that with all the millions of users of custom MT4 indicators a solution will have to be found - either by Alpari modifying MT5 so that it is backward compatible, or by providing conversion software that will convert MT4 code to MT5.


Quoting forexgator
Hello Isolanki,

I cannot answer this question on behalf of cobraforex, so I will just give you my personal thoughts.

I am not sure if you are experienced in how computer languages work, but to get a program to work you need the source code (the code the program was written in, using English words) which is then automatically complied (translated into computer language) by the Metratrader application. So, for MT4, the source code would be program_name.MQ4 which is then complied to program_name.EX4. With MT5 it will be program_name.MQ5 which...
  • #23,239
  • Jan 27, 2012 6:15am Jan 27, 2012 6:15am
Nice job with these posts!

Quoting toafdawg
3 valid setups yesterday, 2 buys, 1 short for +36. One CT trade that would have also given +12, but I did not take it.
  • #23,240
  • Jan 27, 2012 6:25am Jan 27, 2012 6:25am
The SAH is an updated form of the MTF trix. Since this is Cobra's thread, I can't post updates on the first page, so that is why you will find it in my posts and not on the first page. (Also since it provides other indicators besides the trix, it isn't strictly part of THV). The difference between it and the MTF Trix is that by using the SAH you can mix and match different types of indicators (such as the ADX or moving averages) or even different trix conditions ( such as trix divergence or trix lines above/below 0) in the four rows, while the MTF Trix only lets you check the condition of the fast and slow trix on different timeframes.

The SAH also provides more control over alerts. For example you can get alerts for any combination of rows, and you can get them intra bar or at bar close. And you can get email alerts, which the MTF trix doesn't provide.

Quoting zelenko
THANK YOU FOR YOUR REPLAY

BUT I DIDNT FIND THIS IN PIPWARE SUITE

1-thv mtf cloud histo

2- thv mtf trix histo

CAN YOU HELP ME WITH THAT PLEASE ??

AND ANOTHER QUISTION PLEASE I SAW AN INDICATOR CALLED ( SWISS ARMY HISTOGRAM)) IN Many posts > can you till me what is it's function or what it depend on ( trix ,coral,cloud ) ?????
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