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Attachments: THV system, final edition
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THV system, final edition

  • #23,901
  • Jun 22, 2012 4:22pm Jun 22, 2012 4:22pm
Hi,
Has anyone created an EA for Trix?
  • #23,902
  • Jun 22, 2012 5:00pm Jun 22, 2012 5:00pm
Quoting founaud
Hi guys,

Regarding divergences and the use of the slow and fast trix.
As far as I understand from previous pages, I should use the slow Trix to calculate divergences, however in THV v3 divergences are calculated using the slow trix. Am I right? Isnīt it inconsistent?

Appreciate your opinions.
Thanks!
Depends,generally speaking, if you do trading with divergence, both trixes can be used.It is essential that the divergence is confirmed.
It would be very risky relying on automatic line drawing,better use your eyes and skill.Here is attached some examples of different types of divergences.
Attached Image (click to enlarge)
Click to Enlarge Name: div.gif Size: 67 KB
  • #23,903
  • Jun 22, 2012 6:06pm Jun 22, 2012 6:06pm
Hi Ricmi,

Thanks for your answer.
I can see in the graph attached that for example the third divergence is calculated using the fast trix. However everyone has warned me to use the slow trix when detecting divergences for a better confirmation. Therefore I would never consider entering the market in the third divergence (well, actually it would never exist that divergence for me)

Is there any way I can tell THV v3 to calculate divergences using the slow trix instead of the fast trix? If not, has anyone an indicator for such purpose?

Thanks you!

Regards
  • #23,904
  • Jun 23, 2012 4:02am Jun 23, 2012 4:02am
[quote=founaud;5785764]Hi Ricmi,

Thanks for your answer.
I can see in the graph attached that for example the third divergence is calculated using the fast trix. However everyone has warned me to use the slow trix when detecting divergences for a better confirmation. Therefore I would never consider entering the market in the third divergence (well, actually it would never exist that divergence for me)

Is there any way I can tell THV v3 to calculate divergences using the slow trix instead of the fast trix? If not, has anyone an indicator for such purpose?

Thanks you!

http://www.forexfactory.com/showthre...87#post5180987

Attached slideshow with standard,fast and slow trix divergence settings.
You can manually mark the divergence, or rely on an indicator, it is up to you.
Attached File(s)
File Type: zip SlideShow.zip   654 KB | 1,068 downloads
  • #23,905
  • Jun 23, 2012 4:09am Jun 23, 2012 4:09am
Hi Ricmi,

You have attached an .exe file.
It doesnīt look like a .ppt of .pdf slide show file... What kind of file is exactly? I donīt want to corrupt my PC with executable files.

What Iīm looking for is to modify the divergence in the THV V3, in order to use the slow trix instead of the fast trix to calculate it.

Regards
  • #23,906
  • Jun 23, 2012 4:32am Jun 23, 2012 4:32am
Quoting founaud
Hi Ricmi,

You have attached an .exe file.
It doesnīt look like a .ppt of .pdf slide show file... What kind of file is exactly? I donīt want to corrupt my PC with executable files.

What Iīm looking for is to modify the divergence in the THV V3, in order to use the slow trix instead of the fast trix to calculate it.

Regards
Every slideshow is exe.file{FastStone Image Viewer},if you scared about viruses,dont open it.
  • #23,907
  • Edited 7:40am Jun 23, 2012 7:28am | Edited 7:40am
Well one thing is certain:

The quality and value of a thread to the majority of its readers goes up or down in direct proportion to the ratio between

the number of posts by someone who is willing to contribute to the thread the fruits of their thinking, talents, and labor - i.e. trades, charts, analysis, indicators, bug fixes, templates, pdfs, educational info, settings, thoughts on trading psychology, interesting links, pertinent market info, reviews of the trading day, live play by plays, trading techniques, or even a good telling off to someone who deserves it, etc.

vs

the number of posts by people who are requesting something (other than discussions discussions which might be useful to others, such as an analysis of why an entry might have been good or bad) from the thread - i.e. the many gimme, guide me, explain to me, help me, direct me, is there, is this, where is, I can't, how do I, I need, I want, can you, it doesn't (even though it does for thousands of others) etc. posts

While there is nothing wrong with asking a question if the one asking has made a sincere effort to find the answer first and failed to find it, since Cobra left the balance between the two seems to have shifted in a way that I would guess that most of the readers find less enjoyable than previously.

I'm not too sure what to do about that or how it can be fixed. Maybe forexfactory should implement a ratings button on posts, whereby people can 'like' or 'thumbs up' them, and then let you screen posts according to rating.

Comments welcome.




Quoting ForexTeam
Finally, I see something intersting in this thread. Intersting analyse, and very clear. This is what I need, I'd like to see some more analyse charts with technical analyse.

This thread it's still alive thanks to you Miss Pips and Ricmi.
  • #23,908
  • Jun 23, 2012 8:01am Jun 23, 2012 8:01am
Quoting ricmi
Every slideshow is exe.file{FastStone Image Viewer},if you scared about viruses,dont open it.

Hi Ricmi,

Thanks for the slide show, itīs now open.

Iīm using the oscilator THV3 Trix v4.01 Div, and canīt find where to change the period of the Slow and fast trix. Itīs not shown as in your version.
Does anyone know where to modify it in the v4.01?

Thanks!
Regards
  • #23,909
  • Jun 23, 2012 8:05am Jun 23, 2012 8:05am
I like your idea about "like" button. But I don't think that FX Factory will do something like that.
Another idea could be a new thread where a newbie (junior) can't post silly questions like (many gimme, guide me, explain to me, help me, direct me, is there, is this, where is, I can't, how do I, I need, I want, can you,...).
A new thread. Ex. THV Advanced or THV Evolution.


Quoting MissPips
Well one thing is certain:

The quality and value of a thread to the majority of its readers goes up or down in direct proportion to the ratio between

the number of posts by someone who is willing to contribute to the thread the fruits of their thinking, talents, and labor - i.e. trades, charts, analysis, indicators, bug fixes, templates, pdfs, educational info, settings, thoughts on trading psychology, interesting links, pertinent market info, reviews of the trading day, live play by plays, trading techniques, or even a good telling off to...
  • #23,910
  • Jun 23, 2012 8:56am Jun 23, 2012 8:56am
Quoting founaud
Hi Ricmi,

Thanks for the slide show, itīs now open.

Iīm using the oscilator THV3 Trix v4.01 Div, and canīt find where to change the period of the Slow and fast trix. Itīs not shown as in your version.
Does anyone know where to modify it in the v4.01?

Thanks!
Regards
Than use V4 1.2,I do not see why it should be V3.,or,if you if you want to practice to detect divergences manually[ which is much better solution],use MissPips trixes ( hot par. 0.7for V3 and 1.2 forV4).
  • #23,911
  • Jun 23, 2012 9:33am Jun 23, 2012 9:33am
Hey everybody -

I am following this thread now for a while and tested the system (in its basic form V4) last week with success on DEMO (incl. cavemanager).

The only thing I am currently worried about is the risk ratio.

As far as I used the system the SL is somewhere around 15 pips and TP is about 10 pips.

To the experienced cobra traders - how do you managed the risk ratio? If you loose 1 trade you basically need 2 - 3 (successful) trades to get out of one bad trade again. As far as I know the basic forex risk rules (incl. money management) it should be exactly the other way around: 1 (risk) : 2 (profit) and not 1.5 (risk) : 1 (profit).

This is not a critique about the system - I just want to get some input on how to better manage the risk involved in the V4 system.
  • #23,912
  • Jun 25, 2012 6:04am Jun 25, 2012 6:04am
Quoting Faramirsen
Hey everybody -

I am following this thread now for a while and tested the system (in its basic form V4) last week with success on DEMO (incl. cavemanager).

The only thing I am currently worried about is the risk ratio.

As far as I used the system the SL is somewhere around 15 pips and TP is about 10 pips.

To the experienced cobra traders - how do you managed the risk ratio? If you loose 1 trade you basically need 2 - 3 (successful) trades to get out of one bad trade again. As far as I know the basic forex risk rules (incl. money management)...
Personally I don't like to use fixed stop loss or take profit figures as I like to let my trades run. I use fractals (and resulting support/resistance levels) to determine my initial stop loss, and then use the 5EMA shift 3 on the hourly charts as a stop loss once price moves more than 15 pips above the EMA. My stop loss figure therefore changes once an hour.

I never saw the point of using fixed figures as that will prevent you from taking advantage of entire moves.

PS: It might be a good idea to create a "THV trades" thread separate from this one. That way all the "where is version 4?", "how do I install..." questions stay in here, while people can freely discuss trades in a new clean thread. Let the pipware guys post in here too though as both are based on THV
  • #23,913
  • Jun 26, 2012 8:51am Jun 26, 2012 8:51am
Only 5 pips, I'm just a beginner, it takes more courage ...

Attached Image (click to enlarge)
Click to Enlarge Name: m1.gif Size: 45 KB
  • #23,914
  • Jun 26, 2012 9:41am Jun 26, 2012 9:41am
My courage has increased... 10 pips, i was waiting for LH but went straight down ...

Attached Image (click to enlarge)
Click to Enlarge Name: m2.gif Size: 46 KB
  • #23,915
  • Jun 26, 2012 11:14am Jun 26, 2012 11:14am
Last two weeks a had to do a real job
big contract that will bring me some extra $$.
Yet 4 weeks from now..

Very less time for trading at the moment.

And i mentioned something.
First thing what i do when i come home,
turn on the pc and see whats new in the THV thread.

It relaxes me. My favorite thread.

But i mentioned also, if Misspips quits here
this thread will die or change its quality a lot.

Thanks MissPips.
How to opt out annoying user signatures ??
  • #23,916
  • Jun 26, 2012 4:12pm Jun 26, 2012 4:12pm
Quoting Toranaga

But i mentioned also, if Misspips quits here
this thread will die or change its quality a lot.

Thanks MissPips.
I agree, thanks MissPips
  • #23,917
  • Jun 26, 2012 11:33pm Jun 26, 2012 11:33pm
Thank you all for the kind words!

Quoting Toranaga
Last two weeks a had to do a real job
big contract that will bring me some extra $$.
Yet 4 weeks from now..

Very less time for trading at the moment.

And i mentioned something.
First thing what i do when i come home,
turn on the pc and see whats new in the THV thread.

It relaxes me. My favorite thread.

But i mentioned also, if Misspips quits here
this thread will die or change its quality a lot.

Thanks MissPips.
  • #23,918
  • Jun 27, 2012 9:48am Jun 27, 2012 9:48am
Does anyone have any idea about several Trix indicators posted at http://www.forexstrategiesresources....der-indicator/ site? Is there any connection with Cobra?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #23,919
  • Jun 30, 2012 7:29pm Jun 30, 2012 7:29pm
I tried downloading the Rainbow MA that was posted to the thread a while back, but it wont install on my MT4...is there a updated dated version that you can post....

Appreciate It
  • #23,920
  • Jul 1, 2012 1:06am Jul 1, 2012 1:06am
What do you mean when you say 'won't install'? Do you mean that

1) You cant copy the template to your templates folder?
2) You can't copy the indicators to your indicators folder
3) You believe that you have copied the templates and indicators correctly, but when you load the template you don't see anything?
4) You can't find the template to load it after you have copied it.
5) You can find the template but it won't load ( i.e. mt4 gets stuck).

Quoting GreenOCean
I tried downloading the Rainbow MA that was posted to the thread a while back, but it wont install on my MT4...is there a updated dated version that you can post....

Appreciate It
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