The Quick Way to the Top

Anakin · July 30, 2009, 6:11pm

Nice thing this THV. Could you elaborate on how do you use the trix indicator with QuickWayTop system?

Thanks

traco1 · August 1, 2009, 4:21pm

Trix indicator version 4

Green Buy
Red Sell

This is a very strong indicator and reliable indicator, ive noticed sometimes it will tell you how long the move will last. add it to your charts and study it.

THV3 Trix v4.01 Div.zip (25 KB)

juicyt · August 1, 2009, 6:26pm

Just looks like a couple of moving averages to me.
Hope you stick to what has been working for you Anakin.

Juicyt

minus1plus8 · August 4, 2009, 7:21am

Hi everyone.

Im new around here. im impressed by the system and im trying it out. is it me or is it really testing our patience…i waited whole day only to have a few valid ones sail away when i walked away for a brief moment. im not using MT4 is there a way i can overcome this glued to the comp whole day and still be on time to rake in some pips?

thanks.

paradoxbox · August 13, 2009, 10:40am

did anakin give up on this system? no posts in half a month, i’m guessing it broke down or something… too bad.

sta4 · August 13, 2009, 10:46am

I’ve been using this system and it has continued to bring success. It really is just a combination of two other proven systems, and you can create variations that work as well. I find myself sometimes using the 15 min as my trend chart and the 1 min as the main chart. This way I can trade more often, but usually for less pips. Also, I only trade on the side, so I have no need for the more complex indicators as described by some earlier in this thread.

juicyt · September 2, 2009, 10:04am

I’ve had success with it also. I get to look at the charts from UK open (or close enough to it) to mid US market. I am trading GU EU and UJ and so far this week i have had 1 loss of 2 pips and 5 wins. My wins were 5, 5, 16, 11 and 13. Now to be perfectly honest, although a few i bailed on early because news was approaching (5pips) most trades went on to at least double my risk. It is tempting to hold on a little longer but for now whilst i am still getting the confidence in the system i will be happy to trade the way i have and increase the lots. I notice also once i log in after US session that i usually have missed some good trades from mid US session till end and it is a shame to see good trades go to waste.
If only someone could make an EA or Indicator that could alarm once the sequence of requirements were met. That would make this system a whole lot easier to trade.

Juicyt

leojq2 · October 4, 2009, 4:33pm

Dose anyone have MT4 templates they’d care to share for
this system?

Thanks.

LJQ2

suunto · October 22, 2009, 3:48pm

maybe he’s getting more info from here 301 Moved Permanently
before posting it as his own system :rolleyes:

TinmanForex · October 23, 2009, 2:22am

Anakin:

Hello fellow traders:

I would like to post my trading system-strategy to give something back and to know what you think about it. I must say that all the information came from hours and hours of forum reading right here at baby pips. So here is it:

SET UP

I only trade with EUR/USD, don’t know if it works with other currencies. (It should but have not tried myself)

I work with 2 time frames. 5 minute chart and 30 minute chart.

On 30 minute TF chart I use a very well known strategy from “james” in which i set up standard PARABOLIC SAR and standard MACD. This is to find out the way of the trend. When SAR is bellow candle and MACD have crossed upward the trend is up, and the opposite for downward trending.

On 5 minute chart I use the EMA’s step system, also very well known on this forum.
EMA (1)
EMA (5)
CCI (20)
LINES DRAW (GREEN BOTTOM (20), RED UP (80))
SLOW STOCHASTICS (14,3)
LINES DRAW (GREEN BOTTOM (-100), RED UP (100))
I DO NOT USE BOLINGER BANDS (Hate them, I don’t know the psychology of it, but the two months they were drawn on my chart I lost money like there is no tomorrow)

RULES (Here is when becomes interesting)

If and only if TREND is UP on 30 TF and an a buying entry point of the EMA step is forming, ITS BUYING TIME.

If and only if TREND is DOWN on 30 TF and an a selling entry point of the EMA step is forming, ITS SELLING TIME.

You can download the specifics of the EMA STEP here: www{dot}mediafire{dot}com/emastep
But remember I DO NOT USE BOLINGER BANDS

I Scalp, against almost every thing I read on this forum I scalp, no shame in it. I risk as much as 30% of my balance on each trade. Now here is why.

When the conditions of the 2 systems meet (an average of 5 per day) there is a 90% chance of the price moving the way you want, only if there is some crazy news the price will go against the system. It will not go this way for ever but after 3 months of testing 90% of the time it goes at least 15 pips, not much pips; that’s why I scalp.

I trade (or better said), I look for signals between 1:00 am to 3:00 am (GMT -5), this is when London opens. And the second time i look from signals is between 8:00 am to 11:00 (GMT -5), this is when London and New York overlaps. At this times the fluctuation of the price its strong enough for our 15 pips reward. I live on Quito-Ecuador, South America, that’s why estrange schedule.

Scalping its a dangerous strategy. My stop loss its also set to -15 pips, and as soon as the price is +5 pips I move my stop loss to -10 pips and so on, because there is always that 10% of the times when you are waiting for the 15 pips and all goes to hell, SO NEVER NEVER NEVER move your stop loss at a higher point just because you want to stay on the wave, THIS IS SCALPING.

The +15 pips of each trade mostly happens in 4 or 5 of candles (5 minute candles, sometimes just seconds) which is basically the ride between the GREEN BAR at (20) STOCHASTICS to the RED BAR at (80) STOCHASTICS (In any direction). If the +15 pips is taking longer or the line has arrived at one of the mentioned lines on STOCHASTICS, consider taking the +10 or what ever pips you already should have and get off the trade, or move up you stop loss. Remember once again if your scalping there is no fooling around waiting for hundreds of pips.

Well that’s basically it. Let me tell my experience with this system. When I started on my demo account 6 months ago, nearly empty the 50,000 fictitious dollars, first just buying anything, then applying systems as I read them, and so on, then a couple of months ago find out that this modified, tropicalized system was the system that better applied to my personality. When I was confident enough I went to the real money mini-account with 200 bucks. I been working on this system for 5 weeks and I already have 4122, so I truly believe it works, with almost no loss if you constantly upgrade the stop loss.

The bad thing about this system is that for the time your trade is ON, you enter a rollercoster of emotions especially if each pip is 25 dollars or more, and you must monitor the trade constantly (GLUED TO THE SIT). The good thing is that the trades don’t take to much time.

Well let me know what you think, or questions, examples or wahtever.
Bye
Happy Scalp Trading

Thanks, not much luck until now. But I wouldn’t call this luck.

traco1 · October 23, 2009, 8:05am

MrsAmandaT:

I found the THV V4 by cobra forex - you have to open both zip files and add the optional indicators - It has so many indicators that I am still learning them but I had to say that it is alot more than a couple of moving averages.
I will not post a link because I don’t know if I am allowed - I must say that I found it today - so I am just now learning the system so I can’t put my stamp of approval on it - but if you want to check it out - it is free and you just have to search - THV V4 by cobra forex - it pulls right up. The pdf - manuel file contains the extra indicators and the Templates are in the main zip - there are more than one of each. When you first open it - you have to change the indicators box - THV4 trix V1.0 - and change the intro setting from true to false to get it to run. If anyone else is playing with this - let me know how it goes!

THV is the way to go, mixed with the trendman method which is very easy to follow your financial situation will change right away.

traco1 · October 23, 2009, 8:07am

Anakin is learning THV

hess · October 24, 2009, 2:47pm

lol ur a funny guy … the only thing which will change ur financial situation right away is a loan

Taylor427 · November 28, 2009, 2:27am

How is everyone going with Anakins strategy?
has anyone made it big on THV with this?
is anyone running it on MT4 with high success?

i am going to spend the best part of this week ripping the guts out of it and having a go on a demo FxPro account with it.

Taylor427 · November 29, 2009, 11:26pm

Anakin:

Well there is nothing wrong with the setup, as you can see price has been with out trend today. Going up and down and practically going sideways on 30 minute chart. I myself lost -15 pips on an earlier trade and -5 pips on another one with very similar scenarios to your pics. After that I decided not go in anymore for today. Losing sucks !!!.

About the other question the “global vars” are global variables which you don’t need to create them, they are created and set by the SAR and MACD indicators on the 30 minute chart. These variables store the way of the trend for STOCH to compare and check if SAR and MACD agree on the trend and to check which way is it. That’s why if you don’t have the other indicators on the 30 min. chart STOCH will never alert you. I am posting a new version of the indicators with some improvement:

The way STOCH was drawn

Took away the alert window thingy (it was getting on my nerves) Now just places a message on the terminal (Ctrl+T, Experts TAB) and [B]plays the alert sound[/B]. No more annoying pop up window.

Placed some text informational messages from MACD, SAR about the trend on terminal as well. Just to check out things.

Verified that the time schedules condition is working out.

Also renamed the STOCH file since I took a whole different approach about how the alerting system works. (just delete the old one and use this one)

Well some times you lose some times you win. :(:(:(:mad:

May the ‘pip’ be with us all

Hi,
i have been re-reading this and associated [james’s 45, ema step] strategies, and i have switched to FxPro to use MT4, but i cannot seem to get my CCI and STOCH looking like everyone elses…

i also have tried alot of different ways to install Anakins indicators, but not having any success, it keeps saying “zip file empty” or “file invalid”

has anyone else had this trouble?

Please help, i am very keen to get stuck into this strategy…

dobro · November 30, 2009, 10:43am

I had trouble loading GannHiLo from a link on another thread so I went to the Metaquotes home site and downloaded from there with no problems. Maybe you can find your indicators or help there. d.

Taylor427 · December 1, 2009, 10:33pm

I converted to Oanda yesterday,
i like that they dont seem to be against you, and ive heard alot of good things from these forums, aswell as they spreads

Dobro! how are you going with this system now??

Corby · December 7, 2009, 2:02pm

Hi Anakin

Thanks for posting your system, or combination of existing systems, depending on how you want to look at it. I have been trying it out with great success. I like the fact that it is a refinement of the EMA step system (in my opinion). I was struggling with entries whilst switching between time frames which can often show trends going up, down and loop the loop. I started to recognise the fact that you need to choose a higher time frame, observe the trend and move down to a lower time frame for entry in the same direction. Your idea of using the 30min and 5min is a great combination and very safe. You do need to be patient though (working manually) but I find I can get on with other things whilst waiting for the correct combination of indicators.
Anakin, are you still using this system?

Thanks,
Corby

hess · December 8, 2009, 8:24am

Corby:

Hi Anakin

Thanks for posting your system, or combination of existing systems, depending on how you want to look at it. I have been trying it out with great success. I like the fact that it is a refinement of the EMA step system (in my opinion). I was struggling with entries whilst switching between time frames which can often show trends going up, down and loop the loop. I started to recognise the fact that you need to choose a higher time frame, observe the trend and move down to a lower time frame for entry in the same direction. Your idea of using the 30min and 5min is a great combination and very safe. You do need to be patient though (working manually) but I find I can get on with other things whilst waiting for the correct combination of indicators.
Anakin, are you still using this system?

Thanks,
Corby

no he’s not … he had a couple of losses in a row and found some problem with the system when backtesting.

He’s been practicing THV for a while (atleast when i last spoke to him over a month ago)

Corby · December 8, 2009, 12:22pm

Oh, thanks for the info. Do you know what the problem was? It seems to work but you have to be very, very patient for indicators on 2 time frames to match.

Thanks.