THV system, final edition | Page 1208 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #24,141
  • Edited 9:25am Oct 1, 2012 9:23am | Edited 9:25am
Quoting forexchecker
Does anyone have, a satisfying results with THV system ?

I was testing it as my first system and I had get back to it several times and I get the conclusion that THV system is based on repainting indicators and it looks only good in history. Maybe someone have other sees big potential in it and can describe it ?
Open youtube search for pipware channel and search for the THV lessons, it will really help you how to use it. Then try it again on demo and check the result and you should have some knowledge about trend direction continuation or reversal, divergence, some chart patterns, analysis chart and candle from higher TFs shapes then you get the best entry from THV check higher TFs as well on THV that what I do and trying to improve my skills on it.
Inserted Video
  • #24,142
  • Oct 2, 2012 4:26am Oct 2, 2012 4:26am
Which daily pivots you use GMT+1, opening London session or after close NY session. Specifically which time based the most traders use?
  • #24,143
  • Oct 2, 2012 7:03am Oct 2, 2012 7:03am
My MT4 works with Oanda.

Pivots with Oanda NY -4 +2 or -5 +1 (daylight saving or not)

Im in Germany (GMT +1) and London is GMT 0

So thats is it.
Tried different setups for months,
then sticked to this, and i dont care anymore..
How to opt out annoying user signatures ??
  • #24,144
  • Oct 11, 2012 9:03am Oct 11, 2012 9:03am
Hi there everyone,

I have found a month ago the thread about the THV system, and I started to read the posts. For now, I have read about a 1000+ posts, one by one in chronological order, then I realized, that it will take way too much time till I read the whole thread. Not to mention, that there are a lot of posts that are only marginal to the THV system, and there is no way to filter out those posts. I started then to read back and forth, filtering out the posts made by the most representative and active members of the THV system, considering that the content of those posts might be the most relevant for the matter. I started to use-test the whole system, by installing and using the very first V1 version, with the purpose to better understand those posts from the beginning.
Another problem is, that it seems that the Original members, who contributed to the system, and where very active in the thread, with a few exceptions …...aren’t on the thread anymore. The last post from Cobra (Great MAN! I sincerely hope that he is doing just fine...) it’s almost a year old. As far as I can see MissPips is the oldest thread member who is still active in the tread. Nevertheless, with this post I would like to find out, if there are any posts in the tread, that are somehow similar to the first one made by Cobraforex, and were some new information's regarding the THV system are summarized by someone, or if there are some newer “must read” posts.
Thank you.
Metta
  • #24,145
  • Oct 12, 2012 4:08am Oct 12, 2012 4:08am
It is great to see people still getting in to this unusually thorough and outstanding system. If you just work in from the beginning where the more important updated ideas have been basically posted and get trading live but small, you will find profitability increases rapidly. Miss Pips and Stratman have provided huge addons but the system works very well anyway. The rule no 1 is protect your capital. The major impediment to success is actuallly MT4 as provided by most market providers. It contains a special section to take you down. The stop hunts and unfulfilled entries and exits will take all but the best people down even with this best program. It is difficult to choose your honest Market provider but if you can do that really carefully, THV will take you far. Good luck - and I have not finished reading all the posts after some years.
  • #24,146
  • Oct 12, 2012 4:54am Oct 12, 2012 4:54am
Imo THV is one of the best systems that allow you to adapt it to your trading style. Some trade it on M15, others like me on H1+. It's a fairly flexible system too, so if you use it correctly ranging markets won't kill you.
  • #24,147
  • Oct 12, 2012 5:49am Oct 12, 2012 5:49am
Quoting 4exNinja
Imo THV is one of the best systems that allow you to adapt it to your trading style. Some trade it on M15, others like me on H1+. It's a fairly flexible system too, so if you use it correctly ranging markets won't kill you.

I wonder, if anyone is trading the system on H4 or even D1. What changes would be required -aside from increased stops?

Thanks
  • #24,148
  • Oct 12, 2012 6:13am Oct 12, 2012 6:13am
I scalp in M1/M5 with Thv and started trading H4 few months ago,
but then i realized that i make better results with D1

So my preferred THV trading is M1/M5 and D1
and did not made any changes exept, like you said increased stops
and paying more attention to the MAs..

Next Project is a H1 account, but that can take a while..
How to opt out annoying user signatures ??
  • #24,149
  • Oct 12, 2012 6:51am Oct 12, 2012 6:51am
Quoting Forex37
I wonder, if anyone is trading the system on H4 or even D1. What changes would be required -aside from increased stops?

Thanks
I only look at H1 charts when trading as my MTF Fractal support/resistance indicator gives me enough of an idea about higher timeframes. Also, I added the Damiani volatmeter indicator keeping me out of "fakeouts", and it seems to work best on H1.
  • #24,150
  • Oct 12, 2012 7:41am Oct 12, 2012 7:41am
Quoting Toranaga
I scalp in M1/M5 with Thv and started trading H4 few months ago,
but then i realized that i make better results with D1

So my preferred THV trading is M1/M5 and D1
and did not made any changes exept, like you said increased stops
and paying more attention to the MAs..

Next Project is a H1 account, but that can take a while..
hows the h4 going ?
Look at something long enough, you will eventually get it.
  • #24,151
  • Oct 12, 2012 7:47am Oct 12, 2012 7:47am
Quoting traco1
hows the h4 going ?
LINK

  • #24,152
  • Oct 12, 2012 11:32am Oct 12, 2012 11:32am
I scalp the 1 min and think this considerably will change my style of trading.
  • #24,153
  • Oct 12, 2012 1:24pm Oct 12, 2012 1:24pm
Quoting traco1
hows the h4 going ?
I dont trade H4 anymore.
How to opt out annoying user signatures ??
  • #24,154
  • Oct 12, 2012 3:39pm Oct 12, 2012 3:39pm
Quoting Forex37
I wonder, if anyone is trading the system on H4 or even D1. What changes would be required -aside from increased stops?

Thanks
I think you can use most of the same parameters, certainly you would not need a radical change to what you would use on a faster TF. You may find that you make a lot more profit on the larger TF.
  • #24,155
  • Oct 12, 2012 3:46pm Oct 12, 2012 3:46pm
Quoting forexchecker
Does anyone have, a satisfying results with THV system ?

I was testing it as my first system and I had get back to it several times and I get the conclusion that THV system is based on repainting indicators and it looks only good in history. Maybe someone have other sees big potential in it and can describe it ?
I would like to disagree with you, perhaps you will study this system a little more to discover that there is great potential on each time frame. I suggest that you look back and see the posts where MissPips describes what is happening on her charts and then apply her process to your charts. You will see that she has experimented with a few tools and paid the price as far as developing what works for her and her system is quite lucrative. This system demands some study and also yields some excellent results.
  • #24,156
  • Oct 12, 2012 5:10pm Oct 12, 2012 5:10pm
Inserted Code
 This system demands [i]some study and also yields some excellent results.[/i]
Quote
I was testing it as my first system and I had get back to it several times and I get the conclusion that THV system is based on repainting indicators and it looks only good in history. Maybe someone have other sees big potential in it and can describe it ?
Thats what i thought. He did not tested it well.

Quote
sees big potential in it and can describe it ?
And is lazy to read at least the first and the last 1/3..

Its a lott of work. I know.



imo..
How to opt out annoying user signatures ??
  • #24,157
  • Oct 12, 2012 5:44pm Oct 12, 2012 5:44pm
Which is the best and easiest template?
and best time frame for thv?
  • #24,158
  • Oct 13, 2012 11:01am Oct 13, 2012 11:01am
[IMG]http://s13.postimage.org/k1cxiqmbr/Untitled.jpg online photo sharing[/IMG]

what is name this indicator?
  • #24,159
  • Oct 13, 2012 10:54pm Oct 13, 2012 10:54pm
Quoting javidx
[IMG]http://s13.postimage.org/k1cxiqmbr/Untitled.jpg online photo sharing[/IMG]

what is name this indicator?
Visit pipware.com.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #24,160
  • Oct 14, 2012 4:22am Oct 14, 2012 4:22am
The problem with using 4hour is that the normal 4hr trend usually contradicts the 1hr and the daily. We like to see some agreement so it is harder to get confirming evidence on the four hour. This is partially because of the relationship between the different times. Fiffteen minute and Renko are good for entry after deciding your best bigger trade direction.
However, different people like different time frames. Overall the larger TF s are more profitable and most used by many professionals - you have to have the patience.
33 traders viewing now