Thanks for the tip, have added G/U and A/J to my system and trade it on the 30min. Still not entirely sure whether I should take longs below the coral / shorts above it too. So far I have stuck to trend trading only... Have you traded the H1 by ...

THV system, final edition

Another general question I have (sorry for that): It is easy to spot all conditions for entry. However when do you exit trades? I am trading the M30, so I am looking for usually about 30-40 pips and then exit. Scaling out is always an alternative, ...

THV system, final edition

The THV analyse template has a THV RSI_v2 with it looks pretty cool, marks out the zones when it is ob/os. Was just wondering how to utilize it (the ob/os zones are different depending on the TF you check it at so I was wondering how to use it ...

THV system, final edition

Thank you MissPips, I am actually starting to get used to them as long as the analysis is being done on the Anal template it is not too bad. How can I exactly make use of the RSI on the Anal template, is there some info on that part? Thanks again!

THV system, final edition

Thank you so much MissPips, so you are using regular candles as well? I deleted THV3 HA and switched to regular candles. After adding HeikenAshi_DM I am seeing a mixture of HA and reg. candles, why do I need to add HA_DM again? I also added HA Bars ...

THV system, final edition

Randy...what?

THV system, final edition

So what are the HA candles good for then? It is the first time I use them and they confuse me more as they help it seems. I read about them on investopedia but that did not really help much...

THV system, final edition

I realize with the HA candles it is easier to spot trends, but is it possible to entirely trade this system with regular candles? I find it hard to concentrate on candle patterns with HA candles... edit: especially when trading on a higher tf like ...

THV system, final edition

hi Ed, I have a slight variation of your amazing system above and it seems like it is a little more profitable. I would like to discuss the details in private with you. Would really like you to take a look at it, could you please contact me in ...

THV system, final edition

There were a few good trades on the M30 and M15 the last 2-3 hours, all delivered 30-40 pips, nice! Gotta love this system. Another question that I had: On which currency pairs do you trade this system? Does it work on all of them, does it work ...

THV system, final edition

I really agree, exiting on color change of fast Trix is expensive business, I don't think it would be a profitable system this way (at least not on the M30).

THV system, final edition

Very well spotted cashmeer, great signal! Thanks for sharing.

THV system, final edition

Oh I see, thank you MissPips, I did not realize that. I guess that has to do with indicator repainting? So it is not possible to backtest the system at all? Thanks

THV system, final edition

Flying Dutchman, I use the coral. The Ma's are the same as Beachbum's. Please re-read the last part of the thread if you want to get the full picture first. @ all: which currency pairs do you trade this method with? All the 7 major ones?

THV system, final edition

I love volatile pairs (= more pips per signal ) Here is another great example of my strategy at work: GBPJPY which dropped off over 300 pips in 24 hours with that strategy. 4 winners, 1 loser. This time I used the coral to determine whether to go ...

THV system, final edition

I have attached a chart and hope it becomes more clear. 3 out of 4 lights need to be the same color of H1f,s;H4f,s as well as H4 and H1 both have to be same color. Until MA's cross to the other side, I only take trades into the direction of the ...

THV system, final edition

Thanks a lot Ed, that was helpful yes. I was just wondering: If you trade a larger timeframe, and thus do not really care about smaller price fluctuations on the smaller TFs, why bother looking at them? I for myself always trade in the direction of ...

THV system, final edition

Thank you for your reply. I have read BB's post in regards to that topic however he uses it purely for M15. I much prefer Ed's method for M30 and trade M30 myself now. However unlike Ed who seems to use the small TF's on his histo, I changed it to ...

THV system, final edition

Thank you Ryan. I am usually looking for more pips and took a serious look at the 15m chart. It seems like it is able to capture bigger moves and cutting down false signals too (in ranging markets particularly). Backtesting seemed to confirm that ...

THV system, final edition

Another question that I had is: the ATR (20) can show a stop loss of 30 pips and more, with only a 10 pip profit target on the 5min, that is a pretty bad R/R or am I getting something wrong?

THV system, final edition