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THV system, final edition

  • #23,441
  • Feb 28, 2012 12:32am Feb 28, 2012 12:32am
Asia was good today, i am still open from 6 pm, +50, for now. Europe should be good too on news
  • #23,442
  • Feb 28, 2012 1:07am Feb 28, 2012 1:07am
Hello. Anybody know why this indicator looks like this? It happend when I turn on arrows.
Attached Image (click to enlarge)
Click to Enlarge Name: THV RSI v2.jpg Size: 149 KB
Attached File(s)
File Type: ex4 THV4 RSI.ex4   13 KB | 805 downloads
  • #23,443
  • Feb 28, 2012 1:18am Feb 28, 2012 1:18am
It's the right pivot points indicator. It puts the pivots in the right place but the labels don't update each day until you click on it. (It also doesn't show the label for R1 BTW). Since it's not an indicator I wrote and this peculiarity doesn't bother me much I haven't fixed this. If it bothers you you can use the THV pivots. I just prefer this one because it's simpler and has the weekly and monthly pivots. But you can use any pivot indie you like.

Quoting xiaoxin
I read some former pages,and found the right indicator of THV3Infopanel.ex4 is what I need.
Thanks for Misspips'post
But,still puzzled by the pivot and S R.
Do I use the right indicator,pivot piont multitimeframb ,or should I edit something?
Attachment

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When I use these templates ,I just download ,set it up.
I not sure which indi I don't have in my file.
  • #23,444
  • Feb 28, 2012 1:21am Feb 28, 2012 1:21am
Thanks for your help.
I got what you mean and use a THV pivot now.
  • #23,445
  • Feb 28, 2012 5:24pm Feb 28, 2012 5:24pm
Quoting MissPips
It's the right pivot points indicator. It puts the pivots in the right place but the labels don't update each day until you click on it. (It also doesn't show the label for R1 BTW). Since it's not an indicator I wrote and this peculiarity doesn't bother me much I haven't fixed this. If it bothers you you can use the THV pivots. I just prefer this one because it's simpler and has the weekly and monthly pivots. But you can use any pivot indie you like.

So I was going through and loaded up one of my old computers it had the the thv loaded up.with your old MTF indicator.
The 10 light system with m,15,30,h1, slow fast
so just a spur of the moment I. Started to backtest it;; results are pretty good for it
On [ M1] >> all 10 lights green and trix cross while all 10 green or red
Gives a good solid 3 or 4 perfect entries daily on M1 TIME.FRAME for a quick scalp

Anyways also, I am.absolutely loving.the new SAH
  • #23,446
  • Feb 28, 2012 5:49pm Feb 28, 2012 5:49pm
The most important thing in succeeding THV,
(and in succeeding trading as a whole)

is patience. !!!

I can really trade. No prob. If i concentrate and have muse its not a problem for me to make 5 oder 10 or sometimes 15 (if i overdo) scalps in a row without a loss. Also without Thv. On a naked chart.

You have to wait, and have to wait, and wait. And not take a trade only because you think it could be well, and wait..

But this days of full concentration are rare.
Thats the only thing i have to learn now

Why im writing this. idk, maybe because i like to say that again to my self,
and maybe someone can learn also of it.

And maybe because i saw it again today..

he he, Short Story..

Was bullied today on the €/$ Thread from 2 and one 1/2 guys.
Made a (true) joke and then it came..

bla bla short M1,
bla first trading day
bla crazy

Then made some 'live' trading 5 trades 11,1 pips in a row in a hour
and the guys silenced. And then i started

Ha ha, that was so great. Had the time to do that, parallel to scalping.

Only because i concentrated and waited

There are so much succers without a clue trying do discourage other people only because their one's defectives. Or dont know it better..

Tip. If youre unsure and new. Dont listen to most of the FF members.
Even some Voucher carriers are strange people.

Believe what you do, and learn from the nice ones.

Like MissPips

My finishing move..

http://www.forexfactory.com/showthre...95#post5426195
How to opt out annoying user signatures ??
  • #23,447
  • Feb 29, 2012 11:32am Feb 29, 2012 11:32am
You can't backtest using that indicator. The only way you can use the SAH or variants to backtest is when the indicator only uses the current tf (tf 0). It is useful in this case to flag instances of the trade we are watching for, in case our eyes missed them. (For example on a 5m chart we might be looking for a case where price is above the 5 m coral, the 5m fast trix is green, the 5 m stoch is up and the 5m adx is greater than 20. This is something we might best identify using the SAH rather than by eye.

But if you are trying to enter, for example, on a one m chart when the 1m, 5m, 15m and 60m fast trixes are green you can't use the mtf indicators to backtest, because the results are only valid when the mtf indicator gets the results in real time, not when it is added 'after the fact'.

When it gets info in real time, for example the indicator may know that during a 5m red bar, the trix was green for four minutes and red for the final 1 minute, but the last minute value was large enough to make the whole bar red. If you add the mtf indicator 'after the fact' it has no idea what happened during those 5 minutes. All it knows is that the final result was a red bar, so it will show all five of the minutes that comprise this bar on a 1m chart as red. Thus, if you are looking at the indicator when you added it 'after the fact', you will think you could have entered short in the first minute, whereas, in real time you could have entered only after the fifth minute, and you will mistakenly think that your profits would include the difference from the 1st to the fifth minute, whereas in reality they would not have.

For more info, please read my previous posts.

Quoting laciera
So I was going through and loaded up one of my old computers it had the the thv loaded up.with your old MTF indicator.
The 10 light system with m,15,30,h1, slow fast
so just a spur of the moment I. Started to backtest it;; results are pretty good for it
On [ M1] >> all 10 lights green and trix cross while all 10 green or red
Gives a good solid 3 or 4 perfect entries daily on M1 TIME.FRAME for a quick scalp

Anyways also, I am.absolutely loving.the new SAH
  • #23,448
  • Feb 29, 2012 2:07pm Feb 29, 2012 2:07pm
I think:

Another day of possible downtrend,, then moving up?
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  • #23,449
  • Edited 4:23pm Feb 29, 2012 4:06pm | Edited 4:23pm
Yes, thats right and even more I think:

"because the results are only valid when the mtf indicator gets the results in real time, not when it is added 'after the fact'."

When you don't change the timeframe and let the sah collect infos I have noticed a few weeks ago that it "looses" informations even if you don't change the timeframe or restart metatrader. Gaps (the green, red lamps that show in real time the information) dissapear (or change) after some time as if I did change the timeframe but I didn't. I've tried for some time to let metatrader run for the day and backtest the sah for what is on my screen since I started the actual session but after a while I've noticed the information is lost somehow. But only a part of it, the last part. A few red/green lamps are still alright. Backtesting gives false positive results I think. When it loads from history (restart mt4 or change of timeframe) it shows what the signal was in the end for the past.

This only works as you said for timeframe 0 (the actual timeframe). Maybe you could add a short notice to the readme. That did fool me for some time until I understood.

Some time ago you wrote a few posts about the repainting issue that I didn't fully understood. Is that the thing we have here?

Quoting MissPips
You can't backtest using that indicator. The only way you can use the SAH or variants to backtest is when the indicator only uses the current tf (tf 0). It is useful in this case to flag instances of the trade we are watching for, in case our eyes missed them. (For example on a 5m chart we might be looking for a case where price is above the 5 m coral, the 5m fast trix is green, the 5 m stoch is up and the 5m adx is greater than 20. This is something we might best identify using the SAH rather than by eye.

But if you are trying to enter, for example,...
  • #23,450
  • Feb 29, 2012 4:33pm Feb 29, 2012 4:33pm
Maybe for backtsting the SAH when you let it run for the duration of the session it would help if the SAH would set a little marker in the chart at that price and candle when the alarm appeared. But I don't ask for it. Just an idea.
  • #23,451
  • Edited 5:40am Mar 1, 2012 1:34am | Edited 5:40am
If you mean that the trix etype loses info, you can adjust how much it keeps in the TrixNumberofBars param. But it will still disappear if anything happens to reset it, which can be changing tfs, or clicking on the indicator and changing any params or even if your mt4 loses its connection momentarily and resets it.


Yes, this is part of the so-called repaint issue. I don't consider it repainting if the indie shows different values when added after the fact from what it shows when it gets them in real time, but some folks do. To me, repainting would be if, while running the mtf indie showed you a green cube at 9:15 on the 1m chart and 10 minutes later at 9:25 it went back and repainted that red without having been reset in some way. To the best of my knowledge it doesn't do that, although the trix itself WILL do that sometimes, which I have posted screen shots of in my previous post. That's another reason why sometimes the mtf indie won't match what you see 'after the fact' in the trix.

This is too long and complicated to explain in a readme inside the indicator. Also it is not (except for the trix itself repainting) specific to my indicator. All mtf indicators do this.

Quoting FXler
Yes, thats right and even more I think:

"because the results are only valid when the mtf indicator gets the results in real time, not when it is added 'after the fact'."

When you don't change the timeframe and let the sah collect infos I have noticed a few weeks ago that it "looses" informations even if you don't change the timeframe or restart metatrader. Gaps (the green, red lamps that show in real time the information) dissapear (or change) after some time as if I did change the timeframe but I didn't. I've tried for some time to let...
  • #23,452
  • Mar 1, 2012 1:35am Mar 1, 2012 1:35am
If you have any examples of an indicator which can both create itself in a window below the chart and also put arrows in the chart window please post them and I will look into doing it.

Quoting FXler
Maybe for backtsting the SAH when you let it run for the duration of the session it would help if the SAH would set a little marker in the chart at that price and candle when the alarm appeared. But I don't ask for it. Just an idea.
  • #23,453
  • Mar 1, 2012 10:09am Mar 1, 2012 10:09am
okay, now I know what happened to the sah cubes that change...

For everyone using the SAH:

If you compare both screenshots you can see that now the information is lost due to a reconnect of my internet connection. That means, when MT4 noticed that the connection is back it refreshes and loads the information from history file even if you did let MT4 run for the whole time of the session. The red line is where MT4 started collecting live data.

If you want to use the SAH for backtesting it only works when you let MT4 run and collect life informations. Don't change the timeframe, don't restart MT4 and don't lose your internet connection! Many people have set their internet connection to autoconnect so you won't notice if your router or windows reconnects. The same refresh should happen if the broker doesn't give you a good data feed. For example, when the market moves fast with news or something like that, some brokers lack. Another case could be when your computer is overstrained with your MT4 or other programs. If MT4 can't calculate the chart informations it is possibly that MT4 hangs and refresh. But I didn't test that.


How to Backtest with SAH?

You can check if MT4 (SAH) stayed connected when you mark the SAH cubes(s) with something (Arrow etc.) like I did. Just mark cubes that differ in the timeframe you actually watch for that row. For example: If you watch the M15 Fast Trix ROW with the SAH on a one Minute Chart take a look at the clock. When did the 15 minute begin? When does it end? If the cubes are different with red and green, mark them. Start with the oldest time, the start of life data. If MT4 refreshed, you will see that for these 15 minutes the cubes change to one single color. If it refreshed you can't use it for backtesting this way. The only way it always works is as we know with the same timeframe for SAH Rows and the Chart.

http://s14.directupload.net/images/1...p/mn9qui5d.jpg

http://s1.directupload.net/images/12...p/qkjr39yi.jpg

Quoting MissPips
If you mean that the trix etype loses info, you can adjust how much it keeps in the TrixNumberofBars param. But it will still disappear if anything happens to reset it, which can be changing tfs, or clicking on the indicator and changing any params or even if your mt4 loses its connection momentarily and resets it.


Yes, this is part of the so-called repaint issue. I don't consider it repainting if the indie shows different values when added after the fact from what it shows when it gets them in real time, but some folks do. To me, repainting...
  • #23,454
  • Mar 1, 2012 11:55am Mar 1, 2012 11:55am
2 for 2, +24
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  • #23,455
  • Mar 1, 2012 12:16pm Mar 1, 2012 12:16pm
Hello MissPips,

yes, I have an example for that with a marker for price and candle. It's an indicator which I asked for at a german forum. One guy was so kind and coded it, so I have the source code as well.

To help you understand what it does:

This indicator was supposed to give a popup and/or sound alarm when the market moves faster than before, maybe through news, breakout or from a quiet period. It looks at previous candles (Ext_BarRange) and calculates the average. Then it multiplicates the actual candle with a factor (Ext_Breakout Factor). Three lines are displayed. One for average, one for average plus factor and the breakout line for the actual state. When an alarm occurs it marks the chart with two arrows. One for the candle and a second marker for the price where the alarm appeared. If the blue line crosses the red line the alarm comes up. Green is the average line.

I use it all the time but without the window. I drag the window down so I don't see it and get the alert with a sound. It's great to get informed live when the market is in action especially when you trade. The arrows are not working 100% correct (as far as I remember the price arrow is wrong sometimes). It seems there is a litte coding mistake but it works for breakout purposes. Maybe it has to do with the option to choose HA or normal candles.

If you decide to integrate it to the sah it would be great if you could code the option to choose two colors for the arrows too for long and short. That is made for the breakout indicator too. You can explore how it is done.

If you need me to translate german to english from the sourcecode, I can help you. Just PM me. Good luck!

Quoting MissPips
If you have any examples of an indicator which can both create itself in a window below the chart and also put arrows in the chart window please post them and I will look into doing it.
Attached Image (click to enlarge)
Click to Enlarge Name: Breakout Indicator.jpg Size: 158 KB
Attached File(s)
File Type: mq4 WG_BreakoutCheck.mq4   9 KB | 825 downloads
  • #23,456
  • Mar 1, 2012 2:42pm Mar 1, 2012 2:42pm
Quoting toafdawg
2 for 2, +24
Really like your charts, would you mind posting your template?
  • #23,457
  • Mar 1, 2012 2:42pm Mar 1, 2012 2:42pm
Nice! Thanks. I will see if I can integrate it into the next version of the SAH.


Quoting FXler
Hello MissPips,

yes, I have an example for that with a marker for price and candle. It's an indicator which I asked for at a german forum. One guy was so kind and coded it, so I have the source code as well.

To help you understand what it does:

This indicator was supposed to give a popup and/or sound alarm when the market moves faster than before, maybe through news, breakout or from a quiet period. It looks at previous candles (Ext_BarRange) and calculates the average. Then it multiplicates the actual candle with a factor (Ext_Breakout Factor)....
  • #23,458
  • Mar 1, 2012 4:51pm Mar 1, 2012 4:51pm
Quoting Nelmino
Really like your charts, would you mind posting your template?
Posted it twice. Check the paper clip on the top right of the page.
  • #23,459
  • Edited 5:32am Mar 2, 2012 12:30am | Edited 5:32am
OK, I looked at the code and thought about it and I realized that this isn't going to solve the backtesting problem. It's just going to duplicate it on the upper chart. The reason is this. This is how these indicators all work:

Let's say you have 2000 bars on the chart when you add the indicator. So it goes and calculates the values for all the existing 2000 bars on the chart first and then as each new bar is added it calcs a new value for each added bar as they happen.

So lets say you are watching the 5m trix in row 1 on the 1m chart for a signal and you set the alarm on row 1. And let's say that in reality, in bars 1996-2000 on the 1 m chart, the 5 m trix was green for 4 bars but the last bar was so large a down move that the entire 5 m bar turned red. The indicator would show all 5 bars (bars 1996-2000) as red, because it was added 'after the fact' and all it knows is that that bar ended red, so it paints all of the 5 one minute bars that comprise it red. In bars 2001-2005 lets say the same thing happens. Now the indicator shows bars 2001-2004 as green and 2005 as red, because when the indicator calculates in real time it is aware of value of each 1 minute bar that make up the 5m trix, and you can see when you got the signal properly. But if the indicator is now reset, it will repaint all bars 2001-2004 to red, because when it is reset after those minutes have occurred it doesn't know what happened during those minutes anymore. All it knows is that that 5 m bar ended red, and it assumes that all 5 minutes were red, just like in the first instance.

Now lets say that we set the alarm to sound whenever row 1 changes and we add an arrow to the chart, whenever the alarm sounds. Since the location of the arrow will depend on the calculations of the indicator the same thing will happen in the chart window that happens in the mtf bars. If you added the indicator just as bar 2000 finished the first arrow will be at bar 1996 for the first red trix (even though in real time 4 of the bars were green and only the last was red), and at bar 2005 for the second red trix, which is calculated in real time. But if you reset it, the arrows will also be reset, because they depend on the calculations of the trix, and now the first arrow will be at bar 1996 and the second at bar 2005 instead of 2001. So it won't help with backtesting.




Quoting FXler
Maybe for backtsting the SAH when you let it run for the duration of the session it would help if the SAH would set a little marker in the chart at that price and candle when the alarm appeared. But I don't ask for it. Just an idea.
  • #23,460
  • Mar 2, 2012 9:43am Mar 2, 2012 9:43am
Interesting on 50 pips per trade on wich time frame looking on?
And it not to much for euro/usd?
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