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THV system, final edition

  • #24,321
  • Apr 23, 2013 4:03pm Apr 23, 2013 4:03pm
It shows up Grayed out in my EA folder
  • #24,322
  • Apr 23, 2013 4:04pm Apr 23, 2013 4:04pm
It work Thank you so much!
  • #24,323
  • Apr 23, 2013 4:09pm Apr 23, 2013 4:09pm
Quoting eaglefaith7
It work Thank you so much!
No problem, good luck

On another note, you might to look into using the Kijun or Tenkan Sen (Ichimoku system) as trailing stops...works really well together with THV
  • #24,324
  • Apr 23, 2013 4:24pm Apr 23, 2013 4:24pm
OK Thanks!
  • #24,325
  • May 7, 2013 1:28pm May 7, 2013 1:28pm
Hi,
Can anyone indicate where did i go wrong with my analysis? I placed a short transaction approximately at the position shown.
The trix lines are crossing, the bars are below the corral line, is there anything I am missing?

Your help is greatly appreciated,

S.
Attached Image (click to enlarge)
Click to Enlarge Name: bad_short.png Size: 161 KB
  • #24,326
  • May 7, 2013 1:45pm May 7, 2013 1:45pm
First of all, what timeframe have you used for analyse ? For me works very well H4, D1. And my opinion the original thread THV and this one will die
for this reason: here nobody (just 2,3 persons) used also technical analyse.
All systems without technical analyse are "0" (zero).
Focus your energy on the bigger tf's and use the "systems" ONLY FOR CONFIRMATION !!

On your chart I see a chrtistmas tree, too many indicatores, colores etc. See Sonic or THV but simple more simple.

See posts of Miss Pips ( old and beauty times), Ricmi, Sonic DJ, TAH etc
Go and study only the technical analyse : Support / Resistance, TL, PPZ, round numbers, Fibo.

Good luck and study !


Quoting shlomok
Hi, Can anyone indicate where did i go wrong with my analysis? I placed a short transaction approximately at the position shown. The trix lines are crossing, the bars are below the corral line, is there anything I am missing? Your help is greatly appreciated, S. {image}
  • #24,327
  • May 7, 2013 1:50pm May 7, 2013 1:50pm
Quoting shlomok
Hi, Can anyone indicate where did i go wrong with my analysis? I placed a short transaction approximately at the position shown. The trix lines are crossing, the bars are below the corral line, is there anything I am missing? Your help is greatly appreciated, S. {image}
Hi...shlomok..
I see there are horizontal lines that cross occurs near the time trick cross .... whether it's what the lines and lines that you can make a S / R. ... better not to open position when there is a trick used to cross which is close to the S / R before another indicator that there is no confirmation ...
note the point S / R and when there is divergence...


good luck...happy trading...
  • #24,328
  • May 8, 2013 2:48am May 8, 2013 2:48am
Quoting yoppycs
{quote} Hi...shlomok.. I see there are horizontal lines that cross occurs near the time trick cross .... whether it's what the lines and lines that you can make a S / R. ... better not to open position when there is a trick used to cross which is close to the S / R before another indicator that there is no confirmation ... note the point S / R and when there is divergence... good luck...happy trading...
Thanks for your reply,
So you think this system is NOT appropriate for 1M/5M scalping? In taht case which system would you use for scalping?

Thanks,
  • #24,329
  • May 8, 2013 3:13am May 8, 2013 3:13am
No, he meant focus on H1 H4 because its easier to gain pips.

This is a great scalp system, but its not a holy grail.
You have to know to trade to make pips with Thv. Thv makes it easier.
How to opt out annoying user signatures ??
  • #24,330
  • May 8, 2013 6:19am May 8, 2013 6:19am
Quoting shlomok
{quote} Thanks for your reply, So you think this system is NOT appropriate for 1M/5M scalping? In taht case which system would you use for scalping? Thanks,




This system is good for scalping ... and I also use it for scalping TF M1 .. plus the indicator which I think is appropriate for the tool's false signals ...
important to use in THV This sytem is S / R line, trikcross and divergence ...
happy day .... happy trading ...

like this ....
Attached Image
  • #24,331
  • May 8, 2013 6:26am May 8, 2013 6:26am
Quoting Toranaga
No, he meant focus on H1 H4 because its easier to gain pips. This is a great scalp system, but its not a holy grail. You have to know to trade to make pips with Thv. Thv makes it easier.
no .... it's mean's scalping on TF M1 with see the trend in TF M 15 ... and scalping in TF M5 by looking at trends in such high TF H1 or H4 ...

good luck...happy trading...
  • #24,332
  • May 8, 2013 11:09am May 8, 2013 11:09am
Quoting shlomok
Hi, Can anyone indicate where did i go wrong with my analysis? I placed a short transaction approximately at the position shown. The trix lines are crossing, the bars are below the corral line, is there anything I am missing? Your help is greatly appreciated, S. {image}

If you use trix forr executing trades on m1, the best way is to use it like this. you can ssee on the pics when i am entering in a trade by m1 trix. Becouse if you wait trix to cross it is to late for me to enter in a trade. the price is gone for few pips allready.
Attached Image
  • #24,333
  • May 9, 2013 8:55am May 9, 2013 8:55am
Quoting yoppycs
{quote} no .... it's mean's scalping on TF M1 with see the trend in TF M 15 ... and scalping in TF M5 by looking at trends in such high TF H1 or H4 ... good luck...happy trading...
Hi thanks,
The image is VERY small, can you share your template here?
  • #24,334
  • Edited May 16, 2013 3:15am May 15, 2013 11:58pm | Edited May 16, 2013 3:15am
Quoting shlomok
{quote} Hi thanks, The image is VERY small, can you share your template here?
Hi Shlomok..
my tpl is here
Attached File(s)
File Type: tpl m1.tpl   47 KB | 926 downloads


the power is THVTrix above or below zero (0) level...
Cheers!

Good luck..happy trading...
  • #24,335
  • Edited 11:33pm May 18, 2013 11:02pm | Edited 11:33pm
TRIX seems to be an unbelievable indicator!!!

I came across this thread a while ago and have incorporated Trix into my trading for a while now. As you might have noticed, Trix makes a really nice shape when Fast crosses slow Trix relatively close to 0 and they cross each other, especially at the beginning of a move, especially in trend direction. It's almost like Trix shows the market getting into sync to push price in either direction.

I carried out an interesting test recently. I used trade sim to look for entries when you get this nice Trix shape crossover with Double CCi for confirmation of trend. I also used colour change of slow Trix for exit - now here is the clincher .... I took my candles off the chart so I was literally making entries based on Trix only. This was on EU M5 chart for one week.

Results:
16 trades made using a stop loss of only 10 pips.
Max draw down was no more than 6 pips, usually just spread with one possible loss of 10 pips.
Total pips made - 260!!
All other trades didn't even come close to stopping out as they progressed immediately.
(Based on using BE if trade does not progress - total of 3 BE trades).

WTF!!!

This also showed me something much more important and probably the reason why so many experienced traders (I am definitely not one) keep saying 'keep it simple'. It showed me how much extra stuff I think about which stops me getting into winning trades, stops me staying in winning trades that give many more pips and gets me into losers. Way too much head static.

Going back in my journal to look at some old losing trades, I am literally dumbfounded as to how I could have entered that trade in the first place lol.

I suggest to people that this might be a good test of your strategy and how clogged your mind is. Try trading it with no candles (if possible).
  • #24,336
  • May 18, 2013 11:11pm May 18, 2013 11:11pm
Haggis Super post.! Thanks
  • #24,337
  • May 18, 2013 11:35pm May 18, 2013 11:35pm
Quoting Blaiserboy
Haggis Super post.! Thanks
Cheers mate
  • #24,338
  • May 19, 2013 2:47am May 19, 2013 2:47am
Quoting haggis
TRIX seems to be an unbelievable indicator!!!
Can You post some picture?
Metta
  • #24,339
  • May 19, 2013 4:29am May 19, 2013 4:29am
Quoting haggis
TRIX seems to be an unbelievable indicator!!! I came across this thread a while ago and have incorporated Trix into my trading for a while now. As you might have noticed, Trix makes a really nice shape when Fast crosses slow Trix relatively close to 0 and they cross each other, especially at the beginning of a move, especially in trend direction. It's almost like Trix shows the market getting into sync to push price in either direction. I carried out an interesting test recently. I used trade sim to look for entries when you get this nice Trix shape...
good post...
trix like the magic...very different with oscilator or TDI
10-20 pips repeated easier than 100 pips once but a long ...lol...
about Double CCi scalp you can look here
http://www.forexfactory.com/showthread.php?t=114258
  • #24,340
  • May 19, 2013 4:32am May 19, 2013 4:32am
The first chart is one I put entries on without candles, the second (with Green and Orange candles) is one I have trade Simmed today. It is a specific example of the looping Trix crosses that usually signify a harmonious trend.

I find the double CCI particularly useful for illustrating the current trend (CCI 170 filled in with Green or red bars) and retraces (CCI 34 - white line).
CCI 34 retraces and Trix ripening for a move tend to coincide. The Aqua and Plum arrows on the main chart represent No Demand and No supply - respectively.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 330 KB
Click to Enlarge Name: Chart_388 07.20 PM 19-May.gif Size: 37 KB
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