Индикатор Форекс Thv V.4 Cobra

индикатор форекс thv v.4 cobra

TIME FRAME

many traders use it in higher time frames. We, the THV team proved it only on 1M and 5M. The 1M TF is only for extreme scalping and needs good FX skills

The main THV Cobra V4 rules:

Entry:

Above Coral only long, below Coral only short

Price crosses cloud - both Trix cross each other and have the same color.

Best and most secure trend confirmation is a cross of the fast Trix on the zero level.

Exit:

Faster Trix changes color and/or touch of a known good resistance/support level.

Other reasons to take profit can be:

Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - ) or a black cat that cross your screen

Stop Loss:

please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.

Forex Trading System

Manual THV eunic-brussels.eu

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Trading System

V4_eunic-brussels.eu

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Trading rules

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Share your opinion, can help everyone to understand theforex strategy.

I noticed that adding price action filter with support, resistance and trend line reduces false signals, improving the profitability of this winning system.

Long entry

pips day scalper buy signal.

Price bounce on the support and the trend line pointing upward and is below the candle of price.

Trix indicator has two green line.

Short entry

pips day scalper sell signal.

Price bounce on resistance and the trend line pointing downward and is above the candle of price.

Trix indicator has two red line.

THV Cobra System with SR and Trend line update

THV Cobra System with SR and Trend line update

THV Cobra System with SR and Trend line update 04/11/

THV Cobra system with price eunic-brussels.eu

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TVH Cobra Forex Scalping Strategy has earned enormous popularity among the modern scalpers plus intraday traders over the last year because of its steady trade signaling performance. It is very much strategic and states the current market condition vastly in details. It signals the trade entry and exit in such a clear basis that all kind of traders will be able to read the trade signal in time to make their decisions.

TVH Cobra Forex Scalping Strategy can be used on any forex currency pair windows and fits best with time frames like M5 to H1 charts. Because of its informative nature and easier chart demonstrations, newbie traders can be instantly get benefited from this tremendous scalping strategy.

TVH Cobra Forex Scalping Strategy Overview

Once you are done with the installation process at your mt4 terminal, your chart should be appeared as follows:

Time Frame	Currency Pairs	Indicator Factors	Ratings
M5 to H1	Any	8	/10

TVH Cobra Forex Scalping Strategy Anatomy

Heiken Ashi: It is a very much popular trend following indicator. It turns yellow or pink to show the current trend condition of the market. It can be used more effectively if assisted by other trend based indicators.
THV3 Coral: This indicator states the current trend level with its Moving Average line. It is green when the trend is bullish and turns red to signal the bearish trend. It also turns yellow to express the choppy condition of the market.
Ichimoku Cloud: A well known version of trend identifying tools. Price closes above the cloud signals the bullish strength. On the other hand, price closes below the cloud represents the bearish thrust of the trend.
ATR, ADX and TRIX Signal: The Average True Range (ATR), Average Directional Index (ADX) and the TRIX Signals the trend levels in a text format so that anybody can read the actual status of the current momentum directions.
TGS Spectrum Cycle: It is a momentum oscillator. It is above the zero level indicates the bullish momentum. A negative value represents the bearish momentum respectively.
THVMTrix: This tool is used to measure the validity of the trend. It turns yellow to validate the current trend (for both bullish and bearish) and turns red to signal the market is in no trend.

Recommended Strategy: Extreme Scalping System

TVH Cobra Forex Scalping Strategy: Buy Parameters

Heiken Ashi is yellow
Price closes above the Ichimolu Cloud
Ichimoku Cloud crosses above the THV3Coral level
THV3Coral level turns green
ATR, ADX and TRIX indicator signals the up trend
TGS Spectrum Cycle value is positive at the time of the entry
THVMFTrix turns yellow to confirm the current bullish trend
Stop loss below the Ichimoku Cloud level
Exit long whenever Ichimoku Cloud moves below the THV3Coral level

TVH Cobra Forex Scalping Strategy: Sell Parameters

TVH Cobra Forex Scalping Sell Parameters

Heiken Ashi is pink
Price closes below the Ichimolu Cloud
Ichimoku Cloud crosses below the THV3Coral level
THV3Coral level turns red
ATR, ADX and TRIX indicator signals the down trend
TGS Spectrum Cycle value is negative while the short entry triggers
THVMFTrix turns yellow to confirm the current bearish trend
Stop loss above the Ichimoku Cloud level
Exit short whenever Ichimoku Cloud moves above the THV3Coral level

Arun Lama

I have been actively trading the financial markets since April Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

THV system, final edition plus panca

Hello,

I have added the panca indicator in the below system and the candle time. After the installation of the template add the indis.

By Cobraforex

want to present and share a system that I compiled in MT4.
The original idea came from an experienced trader (since )

It isn’t like that, my only intention is to share something that I found to be highly profitable and that is all. I’m not a brilliant trader with my 50 years old but I know more than less what I’m doing. I know nothing else than scalping small TF’s, I never learned to trade fundamentals and so on larger TF’s. So let’s keep it like that, who is interested stay and who wants to skip, just do so.

I found the THV setup very easy to observe and to work with and started to get everything together on the MT4 platform and finally added a Center of gravity indicator.

The main rules:

Entry: PA (price action) and blue (aqua) T3 line crosses the big hull line and the candle is in color of direction (red -> short, green -> long),
We only enter short under the cloud and vice versa.

Exit: Candle and OsMA change colors and price passes the blue (aqua) T3 line

Indicators: The green and red "worms" in the indicator window are RSI and show overbought and oversold areas and it is a sign that the PA may stop ore reverse soon.

The OsMA shows us trend change and divergence

The green and red line in the indicator window (T3 Trix) show us early possible trend changes on cross

The hull, the fat line on the main window, shows us the direction for the TF we are trading, a long yellow line shows that the market is choppy and we might want to wait for a clear breakout or hunting some pips on smaller TF. The settings for the hull differ between brokers, 6 digit broker have to be setup to: 55 and , 5 digit brokers is: 55 and

The Ichimoku cloud give us the decision to witch direction to trade, above only long, below only short.

The Center of gravity lines in green and red:
Once you see that the PA is closed to this lines or cross them (mostly accompanied by oversold or overbought RSI) you can expect a trend reversal on your TF, they are not valid entries regarding on this system but if you feel good with them you might want to trade it on cross of the blue line, that depends on your risk appetite .

The blue T3 line is our main indicator and gives us entry and exit as PA cross

Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - ) or a black cat that cross your screen

Stop Loss: please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.
This is a Multi timeframe setup, you don&#;t need to change anything jumping from one TF to the other. The 1M TF is only for extreme scalping and needs good FX skills !!!

These are the only rules; anything else depends on your basic knowledge on FX and your feelings.

My special thanks to SpecialED, TradeWell and Eddiemiller for trying the first beta setups, Doblece for helping me in MT4 V compiling issues and AK4X to keep me always in good mood and suggesting to open this thread.

And at the end to Turhovach to show his charts and settings and so making me suspicious what is behind of that and last but not least, my wife, giving me the time to get all this done.

Thank you all

Q&A

May I violate the rules of the system when I trigger another buy or sale signal?

A: yes you may, that depends on your trading skills. For example trading a long after touching first time an important support would be a reason after confirmation, but it has nothing to do with the system.

Trading the THV you should wait for all parameters confirmed.

Sometimes I see a clear entry signal and take the trade, after a move of some pips my trade goes in red pips, what is the reason?

A: No system is perfect, that are those trades that we need to cover with a good MM.

What is the SL for the THV system?

A: that depends on the TF you are working, as higher the TF as higher your SL.

You may declare me crazy but I don’t use system based SL while trading my favorite TF, the 1M. I lost more money on Brokers SL hunting than in bad positions. I have 50 pips fixed and a mental SL that I execute manually.

Where I should set the SL?

A: Find the amount of pips you are agreeing too lose depending on your MM, it should be set always some pips above or below important S&R lines.

This system don’t show the shadows of the HA candles, how I can make to show them up?

A: It is recommended to have a separate chart with real candlesticks on 4 different TF’s open to take additional trading decisions, the shadows in the THV are not shown for better overview, if you insist, you can go to the HA properties and color the 1 and 2 settings.

I worked some weeks with the system and don’t need the rules shown on the chart anymore, how to delete?

A: Right click on your chart, select indicators and delete the L THV indicator, right click again on chart, go to Object list and delete all objects named THV there, ready.

May I add more indicators to the system?

A: yes you can if you feel more secure but the system is made to have a clear, fast and stress less view to take a fast and correct trading decision.

As more stuff you need to look at as slower your decision.

What is the trading direction to avoid counter trend trades?

A: The trading trend depends on the TF you are working with, in a 4H downtrend you find a lot of up and down trends in smaller TF’s. you should look to 15M and 1H if you trade the 5M to definite the trade direction.

How long should I train myself on THV before going live?

A: I would suggest for newbees to trade at least 2 month with positive results before trading any system live.

Experienced traders will need may be less than a week to get firm on it.

I hate to baby-sit the monitors waiting for a perfect entry, I want more action, may I go to hunt some pips on 1M?

A: The 1M THV chart is for extreme scalping only and needs excellent trading skills, I don’t recommend it for newbees, if you want the action you might want to do it on a Demo account until being % sure to be profitable on that TF.

What is the best time to trade the THV?

A: The THV is a trend system and works best on high volumes during London and NY overlapping session but lately you have strong moves on the Asian session as well.

What pairs are the best to trade the THV?

A: all fast moving currency pairs, each pair has a different character and I would suggest trading it primary on you favorite pair, mine are the E/U and AUD/USD.

What is the best pip value trading THV?

A: that depends on your account equity; we don’t want to risk more than max.1 to 2% each trade. Let’s say you have a 5k account and accept to lose 1% each bad trade you can lose 50$, divided by for example 50 pips SL on 15M TF you get a 1$ pip value.

In my website you find a MM calculator to find your best value.

What else I should be aware of trading THV?

A: All systems need good basic knowledge of FX, a system is like the hammer for a carpenter, if he doesn’t use it well he will always have bloody fingers. I recommend visiting the web page from acumen, he is a experienced trader and teaches Pivots, R&S and psych levels, a good page to get better trading skills.

Very important:

never get motioned from other trader’s calls, only trade what you triggered by yourself, it is the only way to learn mastering your system and be successful.

During trading I never post or do anything else than concentrating my small brain on my chart.

Spend some bucks and time on trading education; it will be the best inversion for your FX business.

Is there an EA for the THV system?

A: I’m sure that it is only a matter of time till RonaldRaygun, Tdion and others will come up with an EA.

I don’t believe in EA’s, haven’t seen any that can replace the feeling of a human being, but who knows?

Why don’t you answer my post or PM?

A: Cobra is a busy man and can’t answer question that are already explained here in the thread, don’t be lazy, re-read the thread. All other question or suggestions will be answered as soon as I can.

Here a brieve manual how to install

Step By Step :

1. Download/unzip/Copy/Save the MQ4/EX4 file into your C:\Program Files\(your broker)MetaTrader 4\experts\indicators folder
2. copy and paste the template file .tlp in C:\Program Files\(your broker)MetaTrader 4\templates folder.
3. Close your MetaTrader application (assuming it’s currently open … Ignore this if the application hasn’t been launched)
4. Launch your MetaTrader application
5. Open a new chart and right click on it, select the THV template, ready

We had some issues with the MT4 V platform version, because of that I uploaded the basic version template, please execute the missing files in the chart manual. All are named xxxxx THV

Download template and indis
Expert Advisors - Forex Systems - Reviews

THV Cobra system is a successful day trading and scalping strategy that has been operating for years on volatile currency pairs and stock indexes. The change I made is to add a price action filter based on supports, resistances and trend lines. Because I added this filter. The aim is to reduce false signals by trying more accurately to always trade on the trend side.

Time frame 1 min, 5min 15, min.

Currency pairs: GBP/USD, EUR/USD, EUR/JPY, EUR/AUD, EUR/NZD,

EUR/GBP, NZD/USD, GBP/JPY, Nasdaq , S&P, Dow, Dax, AUS, Gold and Oil.

Trading Sesion: London and New York.

Metatrader 4 indicators

Simple moving average period , close.

Ichimoku (2,3,5).

THV3 SDX TZ Pivot,

THV3 Coral.

THV3MM price.

pips day scalper.

LP T1 (price action indicator).

THV Trix Divergence V

THV3 Trend.

Trading rules THV Cobra with Price action.

Buy

pips day scalper buy signal.

Price bounce on the support and the trend line pointing upward and is below the candle of price.

Trix indicator has two green line.

Sell

pips day scalper sell signal.

Price bounce on resistance and the trend line pointing downward and is above the candle of price.

Trix indicator has two red line.

Exit position place initial stop loss below/above the previous swing high/low.

Make profit at the level os support o resistance o ratio stop loss

In the pictures examples of trading with THV Cobra System with Price Action.

DownloadTHV Cobra System with Price Action.

THV3 Coral indicator

THV3 Coral is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file THV3 eunic-brussels.eu contains THV3 eunic-brussels.eu4 )

Free Download THV3 Coral forex Mt4 Indicator

How to install THV3 Coral mt4 indicator in forex trading platform metatrader 4?

Extract the downloaded THV3 eunic-brussels.eu
Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder.
Now paste the THV3 eunic-brussels.eu4 file into indicators folder and restart the MetaTrader 4.

Forex Trading Systems / Strategies using THV3 Coral indicator.

THV Cobra with TudorGirl’s Sinc Spectrum Cycle Trading System

Timeframe : M5 eunic-brussels.eu tf will ruin the indicator.

Pair Currency : any eunic-brussels.eu is recommended.

Market hour : anytimepm – pm is recommended.

Metatrader Main indicator:

TudorGirl’s Sinc Spectrum Cycle (TGSSC

Long Entry:

TGSSC crossing zero line. upward(buy), downward(sell);

THV MTF TrixHisto color. lime(buy), red(sell);

PA cross Ichimoku Cloud.

Short Entry:

TGSSC crossing zero line. upward(buy), downward(sell);

THV MTF TrixHisto color. lime(buy), red(sell);

PA cross Ichimoku Cloud.

optional safety rule:

PA above THV Coral -buy only

PA below THV Coral -sell only

dont open position in the middle of eunic-brussels.eu for retracement.

exit rules:

make ur own rule or opposite the entry rules

Target Profit: 6 pips AUD/USD, 8 pips EUR/USD, 10 pips GBP/USD.

Stop Loss : 3 pips above or below the cora

Avoid trade 15min before & 30min after NEWS.

DOWNLOAD

THV V4 Trading System For MT4

Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.

THE THV V4 Trading System For MT4is mostly used as a medium-term trading strategy. However, according to the inventor some experienced traders use this system to scalp the market. Unless you have extensive experience, you should not use this system in the M1 or M5 time frame, as the risk factor is a higher.

We suggest you learn the use of the system in the paper trading account so that you can get comfortable with the different indicators used in this system.

THE THV V4 Trading System For MT4 - INDICATORS

The above diagram shows us a standard trade setup based on THE THV V4 Trading System For MT4. To learn the functions of this strategy, we should have a clear concept of the primary indicators used in this system.

THV SDX-TZ Supports and Resistance

Support and resistance level are the critical zone that helps us to identify potential long and short trade setup. The THV SDX- TZ indicator will draw the automated support and resistance line in the main chart. Traders should look for the trade signals at the THV support and resistance line.

Moving Average

The THV V4 Trading System uses a simple moving average of period It has a color-changing property that helps us to identify the strength of the bulls and bears. You can also determine the direction of the trend by analyzing the slope of the colored moving average. Note that, fire brick color suggests the currency trend is bearish. On the contrary, the yellow color moving average suggests the current trend is bullish.

Trend Line

Trend lines are automatically drawn in the main chart. If the trend line has a steep slope, it is better to look for a trend line that has a slope close to 45 degrees. And try to use the trend lines formed in the higher time frame since it should work as strong support or resistance.

Pip Scalper

This is a simple moving average with a period of It changes its color to yellow when the market momentum is bullish. On the contrary, when the market momentum is bearish, it changes its color red. Traders who will use the strategy to trade in the M1 and M5 chart should give priority to this indicator reading.

THV Trix Indicator

This is a momentum indicator used to identify overbought and oversold areas. Signal line crossing over the 0 medians signifies a bullish trend. On the contrary, if it crosses below the 0 medians, we should be expecting a bearish trend.

THV Trend Indicator

This indicator shows the current trend. The different color-coded histogram bars tell us regarding the state of the trend.

Yellow bars for ranging market

Green bars for bullish market

Red bars for a bearish market.

THV V4 Trading System For MT4 - Trade Setups

Example of long trade setup:

We need to check the following conditions to execute a long trade.

Conditions to execute the long trade:

Prices should test a major trend line, and bounce off.

The THV Trix indicator should have a positive reading.

The Pip scalper should change its color to yellow.

The prices break above the Ichimoku cloud.

The THV trend color should be green.

If the market fulfills all these conditions, you may take the long trade with low risk.

Example of short trade:

To take the short trade, we should check the following conditions:

Conditions to execute the short trade:

Prices should test a major trend line resistance and reject it.

The THV Trix indicator should have a negative reading.

The Pip scalper should change its color to red.

The prices break below the Ichimoku cloud.

The THV trend color should be red.

After checking the necessary conditions, you may take the short trade with low risk. But try not to execute the trade right before the major news release as it will increase the risk exposure.

Stop Loss and Take Profit Levels

The THV V4 trading system can be used with different stop-loss levels depending on individual money management rules and trading style. For the take profit level, you may use the Trix Indicator or the support and resistance levels. But if you want to trade in a conservative way, you may also use the most recent swing high and low to determine the SL and TP for a certain trade. While taking the trades, you should not take more than 2% of the capital since you never know which trade will hit the potential SL.

Conclusion:

By now you the essential functions of the THV V4 trading system. You might be thinking the system is really easy to use but you should not use this strategy in the real account unless you feel confident with your demo trading performance.

Note that, every trading system has its own pros and cons. Thus you should not expect to win all the trades. So, trade with low risk, and don't get upset if you lose a few trades.

Download the complete system description and the files here:

Partially Automated Trading Besides Your Day Job

Alerts In Real-Time When Divergences Occur

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