THV system, final edition - MT4/MT5 resources
Traders and beginners are welcome.
I present and share a system that I compiled into MT4.
The original idea came from an experienced trader (since 1994) in FF whose name is Turhovach, who is 59 years old (not too far from me, haha).
I have absolutely no commercial interest in the content shown in this thread, we are here to help each other.
I found the THV setup very easy to observe and use and started putting everything together on the MT4 platform in October 2008. Turhovach's first chart didn't leave much behind, we added the THV Trix indicator, which is the core of the final product.
http://www.cobraforex.com/other/V3thread.jpg
Please read post #75 and the actual V3 manual before launching
Main rules of V4:
Entry: Above the coral only goes long, below the coral only goes short
Price Crosses Cloud - Two Trix cross each other and have the same color.
The best and safest trend confirmation is the crossover of the Fast Trix at the zero level.
Faster Trix changes the color and/or feel of known good resistance/support levels.
Other reasons for taking profits could be : touching trend lines, resistance or support lines, horizontal psychological levels (00 - 20 - 50 - -80) or a black cat crossing the screen
Stop loss: Please set your stop loss according to your money management plan, the higher the TF you trade, the lower the pip value you set, the higher the stop loss, it also depends on the currency pair you are trading.
I primarily use THV for scalping, but many traders use it on longer time frames.
We, the THV team have only proven this on 1M and 5M. 1M TF is only for extreme scalping and requires good forex skills!
This is the only rule;
Special thanks to SpecialED, TradeWell and Eddiemiller for trying out the first beta setup, to Doblece for helping me troubleshoot my MT4 V220 compilation issues, and to AK4X for keeping me in a good mood and suggesting opening this thread.
Finally, thanks to Turhovach for showing his diagrams and settings in FF, making me wonder about the reasoning behind this, and last but not least, my wife for giving me the time to finish it all.
Thanks also to Miss Peeps for developing the MTF trading method, Trading House for his efforts in the continuous development of the THV Pivot indicator, Peter D for the birth of the THV Info indicator, Caveman for the development of the THV Cavemanager, xx99 for his unconditional development of the THV EA and finally Stratman for his Mini Chart indicator.
There are many more people to thank, but the list is too long.
thank you all
http://www.cobraforex.com/new.gif
New, clearer graphics, with more features and sound support, THV V4 has been released:
Download the template and manual below
Actual THV team: Doblece, MissPips, Tradewell, Gofer Pips, Special Ed, Cashmeer, SeerEye, Karun, Caveman, Stratman and Cobra.
Example of a good daily trading plan: Decision
Spanish Manual: THV Manual Spanish
My screens: Screen 1 Screen 2
Trade example:
Australian Dollar Trading November 16, 2008 November 17, 2008 November 19, 2008 November 20, 2008 November 21, 2008
Stratman's THV Trading Video
Technical Note:
Fibonacci Pivot Indicator Pivot and Broker
No problem with MTF redrawing
An informative post from a long-time THV trader:
Jack Heller
Please, if you downloaded THV and have an objective opinion (good or bad) after trying THV for a while (good or bad), please leave a rating in the upper right corner of this page, this can help other traders see if there is value in reading this post, thank you
The THV team wishes you aa great trading result for now and ever.
Change it to .zip or download it using Firefox! ! !
Sorry Folks, I have to go for a good while, the reasons are explained in this post:
http://www.forexfactory.com/showpost...ostcount=19888
Make good trades as safely as possible.
cobra
com/content/uploadfile/ff/127271/8f7a9977_snapshot.JPG" alt="snapshot.JPG" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
t/uploadfile/ff/127271/ad332357_db.gif" alt="db.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
/ff/127271/64cdb2c5_4.png" alt="4.png" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
idth:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
rder-radius:8px;display:block;margin:0 auto"> 
lt="001.jpg" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
block;margin:0 auto"> 
splay:block;margin:0 auto"> 
gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
loadfile/ff/127271/75649a9c_heatmap_03_26.gif" alt="heatmap_03_26.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> 
splay:block;margin:0 auto"> 
rder-radius:8px;display:block;margin:0 auto"> 
com/content/uploadfile/ff/127271/8f7a9977_snapshot.JPG" alt="snapshot.JPG" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> t/uploadfile/ff/127271/ad332357_db.gif" alt="db.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> /ff/127271/64cdb2c5_4.png" alt="4.png" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> idth:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> rder-radius:8px;display:block;margin:0 auto"> lt="001.jpg" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> block;margin:0 auto"> splay:block;margin:0 auto"> gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> loadfile/ff/127271/75649a9c_heatmap_03_26.gif" alt="heatmap_03_26.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> splay:block;margin:0 auto"> rder-radius:8px;display:block;margin:0 auto"> com/content/uploadfile/ff/127271/8f7a9977_snapshot.JPG" alt="snapshot.JPG" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> t/uploadfile/ff/127271/ad332357_db.gif" alt="db.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> /ff/127271/64cdb2c5_4.png" alt="4.png" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> idth:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> rder-radius:8px;display:block;margin:0 auto"> lt="001.jpg" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> block;margin:0 auto"> splay:block;margin:0 auto"> gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> loadfile/ff/127271/75649a9c_heatmap_03_26.gif" alt="heatmap_03_26.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> splay:block;margin:0 auto"> rder-radius:8px;display:block;margin:0 auto"> com/content/uploadfile/ff/127271/8f7a9977_snapshot.JPG" alt="snapshot.JPG" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> t/uploadfile/ff/127271/ad332357_db.gif" alt="db.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> /ff/127271/64cdb2c5_4.png" alt="4.png" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> idth:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> rder-radius:8px;display:block;margin:0 auto"> lt="001.jpg" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> block;margin:0 auto"> splay:block;margin:0 auto"> gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> loadfile/ff/127271/75649a9c_heatmap_03_26.gif" alt="heatmap_03_26.gif" loading="lazy" style="max-width:100%;height:auto;border-radius:8px;display:block;margin:0 auto"> splay:block;margin:0 auto"> rder-radius:8px;display:block;margin:0 auto"> Attachment to original post (3)
📦 Summary of post attachments (1353)
Below are all the files shared in the reply (1353).
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •