No, it doesn't have to be. Price just has to be above/below both of them for a long/short (with a trix cross of course).

THV system, final edition

Thanks for the kind words. I'm sorry but I would never myself use an indicator that repaints like the zig zag does, nor would I add any such indicator to any thing of mine that is used by THV. (The trix itself can repaint but only one bar back and ...

THV system, final edition

Good point. I also never trust that a big R is going to hold unless it breaks S just below it and then retests from the bottom (or vice versa). So I like to see get broken and retest whichever direction I want to trade before I get in. Otherwise I'm ...

The Really Useless Thread

Would that be: If it ain't broke don't trade it?

The Really Useless Thread

Great screen shots! That's actually a bug in my documentation. Type 16 just looks at the slope of the fast or slow and I wrote that type 17 is like 16 but with o/b and o/s. But actually type 17 shows red when fast is below slow AND fast is sloping ...

THV system, final edition

You can use either version of THV (V3 or V4). They both work fine. The rainbow is my attempt to visually color code whether the trend is up, down or sideways on a major and minor timeframe. (If you look carefully you will notice that you can see ...

THV system, final edition

Wrong thread for this request. This is a thread about trading THV manually.

THV system, final edition

Sorry no can do. I put it on the simulator and watched it. Not only will it go back in time and remove a signal that it announced previously (for example at 8:45 it will announce a sell signal, but at 9:10 it will erase it) but what is worse, it ...

THV system, final edition

either change the corner to 4 or add some to the x postion param

THV system, final edition

It's a compiled file. To add an alarm you need the source file (mq4 not ex4).

THV system, final edition

Some people have been able to do it by putting their computer in safe mode. Also I think you have to be logged in as a user with admin rights. Otherwise you can just install it manually by copying the indies and templates into you your mt4/templates ...

THV system, final edition

A guy goes to the doctor and says "Doc, I want to live to be 120 years old. What do I have to do". The doctor replies "Well, you have to stop smoking, stop drinking, and give up sex and fattening foods." The guy asks "Okay, if I do all that will I ...

THV system, final edition

4exNinja posted some nice entries on the hourly charts in the other thread url

THV System Trades & Patterns Thread

Thanks all for your comments about taking setups near news.

THV System Trades & Patterns Thread

Thanks. I've really been tempted lately to get rid of that rule, because I'm beginning to suspect that the money you miss out of by not taking those trades more than covers the occasional time when the news goes against you. I didn't get any trades ...

THV System Trades & Patterns Thread

Yeah, but there's a difference between just jumping in to chase pips and taking a proper signal, even if it's near news. The reason I don't do it is because that's a rule I carried over from the system taught at the Babypips site (which wasn't very ...

THV System Trades & Patterns Thread

Well, a break, retest and continuation of that flag worked out pretty well, and THV gave good entry signals. Unfortunately for me my rules don't let me trade so close to news so I stayed out. What do you all do? Do you trade when you get a good ...

THV System Trades & Patterns Thread

Watching this, though with all the news it might be hard for me to get a trade in since my rules don't allow me to trade near news. image

THV System Trades & Patterns Thread

I do, and I do find it's fast enough.

THV system, final edition

My problem with the original system was that for me, the coral is not enough to define the trend. If you look in my post above, in the areas I labeled fake and shake, you will see small areas where the rainbow starts to turn green and blue. In those ...

THV system, final edition