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THV MTF EA beta testing

  • #301
  • May 22, 2009 11:18am May 22, 2009 11:18am
Cobra and the development team. I suggest adding a feature to the EA that enables the user turn the stealth mode off if they wanted. The EA comes with the stealth mode turned on as default. The user should have the option to turn it off.

This will come in handy for those who may want to use it to enter trades but use a different EA to manage trades.

With several EAs on my live accounts for example, I use one trade management EA to manage all trades regardless of which EA placed the trade.
This is for trade management consistency of course.

I suggest you allow the THV EA to relinquish control once it has entered the trade if the user so wished. Its entry signals are excellent but I am seeing it turn winning trades into losing trades.

Your efforts are very much appreciated.

Watube
  • #302
  • May 22, 2009 11:50am May 22, 2009 11:50am
Quoting WackyRacer
So would setting the patterns recognise this situation? Eg setting patterns to 2 - no order is opened by presence of unfavourable pattern.

Also I guess increasing MinCrossIchimokuPips may reduce these type of losses.

I'll let this week finish with current settings ( for a base line ) then try the above next week.

B Rgds

W.R.
I have not used patterns as they were not part of original THV system and I do not know how to integrate them within 6 MTF trading system.


I do use min MinCrossIchimokuPips = 3 pips and max = 6 tomake sure I am not too early or too late for my entry. I am looking for only TP=10 and so I have to maximize # of winners to remain viable. So far, I have not found a way to avoid trades during flat PA that goes up and down the cloud triggering all the losers.
  • #303
  • May 22, 2009 12:50pm May 22, 2009 12:50pm
Hi all

I'd like to share my first couple of days of trading.
The attached ZIP contains screenshots of the EU, 5M as well as the screenshots taken by the EA and the MT4 statement. I have also included my template and the set file I am planning on using for at least two weeks straight without change.

However, if I find a way to get rid of those $0.00 trades, I would change that immediately then the entries look quite promising .

Has anybody already experience with the ATR seetings for SL and TP?
Would it be better to use ATR14 instead of ATR20? i think i'd make sense to have a dynamic stopp or TP instead of a fixed one.

have a great weekend
AZBOfin
Attached File(s)
File Type: zip azbofin_eu5_0521_0522.zip   889 KB | 751 downloads
  • #304
  • May 22, 2009 1:09pm May 22, 2009 1:09pm
Ok first night with Cobra's settings, I changed THV cloud settings to 1 on 15m and 30m. So I guess it should take trades only when both lights are in favorable direction but a few orders were made when THV Cloud was showing the opposite signal please see the screenshot, any ideas why ??
Attached Image (click to enlarge)
Click to Enlarge Name: screen.jpg Size: 338 KB
  • #305
  • May 22, 2009 1:20pm May 22, 2009 1:20pm
Quoting Vitaliy
Ok first night with Cobra's settings, I changed THV cloud settings to 1 on 15m and 30m. So I guess it should take trades only when both lights are in favorable direction but a few orders were made when THV Cloud was showing the opposite signal please see the screenshot, any ideas why ??
The trades are taken before the candles in higher TF have closed. So MTF light could change after trade is triggered, giving the impression in hindsight that trade did not meet the trigger rules.
  • #306
  • May 22, 2009 4:24pm May 22, 2009 4:24pm
hmmm people how about trying something new? Just for the perpous of experiment, to pick the worst settings which blow account in the shortest period of time, and then compile a test version of EA with sell function instead of buy and buy instead of sell ? ))))
  • #307
  • May 22, 2009 6:33pm May 22, 2009 6:33pm
I needed to reboot computer,,,

Chart came back up still with smiley face,(assumed still working)

When this happens do I need to reattach expert to same chart ...or just start clean with a new chart. I had no open orders at this time,,Not sure if trades did occur.

Thanks
  • #308
  • May 23, 2009 11:48am May 23, 2009 11:48am
Quoting kerty9
I have not used patterns as they were not part of original THV system and I do not know how to integrate them within 6 MTF trading system.


I do use min MinCrossIchimokuPips = 3 pips and max = 6 to[color=black][font=Arial]make sure I am not too early or too late for my entry. I am looking for only TP=10 and so I have to maximize # of winners to remain viable. So far, I have not found a way to avoid trades during flat PA that goes up and down the cloud triggering...
I was thinking about that regarding the patterns, how do you turn them off set to zero?
Pip Goes The Weasel
  • #309
  • May 23, 2009 8:58pm May 23, 2009 8:58pm
Quoting adrazz
I was thinking about that regarding the patterns, how do you turn them off set to zero?
Yes
  • #310
  • May 24, 2009 12:43am May 24, 2009 12:43am
Quoting karun
Lets wait for a day or two for some more responses, before starting. Mostly we will start next week, mean while it will be helpful to go through the manuals(for who dont know the THV system) and try to get a grasp of the trading system.

Thanks All.
I would like to volunteer for the testing of the EA. Karun, please let me know if is possible.

Thanks
  • #311
  • May 24, 2009 5:16am May 24, 2009 5:16am
Quoting karun
Yes
Thanks Karun
Pip Goes The Weasel
  • #312
  • May 24, 2009 6:59am May 24, 2009 6:59am
All-

Based on user replies, I have prepared a list of Users mapped to currency pair / tf . I'm also working on User Guide for the EA to have more detailed explanation of the settings. That might take a little more time (May be couple of days), Once done I'll publish both the lists and we can take this forward from there.

With Monday being holiday in UK and US, the liquidity is going to be very low, so either dont trade or trade very very safe.

Thanks!
  • #313
  • Edited 12:23pm May 24, 2009 11:36am | Edited 12:23pm
I have been a member of this forum for a while now. I came across this thread and I am very impressed. I decided to give it a try and maybe some input. I've been testing it out with the back tester of metatrader and have had very interesting results. I know it's not the same as a demo account trading forward, but at least you get to see what it's doing.

So far my suggestion is for an entry and maybe even an exit, to use the coral indicator as a buffer for either green or red or up or down which ever is easier to program. This way you would be able to make longer trades and would weed out the bad trades to. We always trade with the trend.

Keep up the outstanding work. I look forward to reading more and the next version in June.

P.S. I have been testing on the EUR/USD 5M chart.
I will post my results and my set when I am satisfied with my results.

Good Luck Everybody.
See you on the other side of your trade.
  • #314
  • May 24, 2009 12:11pm May 24, 2009 12:11pm
hello all

another setup of mine gave some nice trades for the past two days - check it out.

what I can't figure out is the logic behind Trade#3 and Trade#4 (1st exit).
other than that I think this setup works out much better than the one I have posted earlier. on the other hand it runs for only two days and a lot can happen down the road.

AZBOfin
Attached File(s)
File Type: zip AZBOfin Accnt6 EU5 0521-0522.zip   585 KB | 437 downloads
  • #315
  • May 24, 2009 12:32pm May 24, 2009 12:32pm
Quoting karun
All-

Based on user replies, I have prepared a list of Users mapped to currency pair / tf . I'm also working on User Guide for the EA to have more detailed explanation of the settings. That might take a little more time (May be couple of days), Once done I'll publish both the lists and we can take this forward from there.

With Monday being holiday in UK and US, the liquidity is going to be very low, so either dont trade or trade very very safe.

Thanks!
Sounds great, I have been slowly tweaking the settings for Euro/USD and Friday was profitable, I will be trading Monday but will keep an eye on Liquidity but trading the Euro there should still be plenty of liquidity
Pip Goes The Weasel
  • #316
  • May 24, 2009 12:34pm May 24, 2009 12:34pm
Karun will find a space for you ruslander.

Karun, ruslander presents the biggest free, spanish speaking FX community and I support him with the THV system.

It would be important to integrate him, to transmit his knowledge later to his portal.

Thanks, Cobra

Quoting Ruslander
I would like to volunteer for the testing of the EA. Karun, please let me know if is possible.

Thanks
  • #317
  • May 24, 2009 12:40pm May 24, 2009 12:40pm
Fridays trades
Attached Image (click to enlarge)
Click to Enlarge Name: friday.gif Size: 56 KB
Pip Goes The Weasel
  • #318
  • May 24, 2009 2:09pm May 24, 2009 2:09pm
Hello,

I was using the THV system in a way, that I only trade if a Trix Crossing happens not WITHIN the Oversold-bought levels but OUTSIDE these levels on an high 1h or 4h time frame. Manuelly I was quite successful with this approach.

Is there an option withing the EA which I could use for that? Could it eventually be added without much hassle?

If not: How can I access the THVTrix indicator parameters to test such an EA by myself? (I also have a little bit of coding experience)

Thanks for your support.

Thilo
  • #319
  • May 24, 2009 2:20pm May 24, 2009 2:20pm
Could you post for explanation of this approach some charts ?
  • #320
  • May 24, 2009 2:55pm May 24, 2009 2:55pm
I currently have not charts handy but I will post some asap.

My approach is actually quite simply (as I learned it should be )

1: set your overbought and over sold levels on the trix indicator (depends on time frame of course)
2: If oversold and the fast (green) trix crosses the slow trix (red or green) -> Go Long
3: as Soon as the Fast trix changes color for 1 full period get out of the trade.
4: If we are in the overbought area we look of course only for Short trades.

I know that you might miss some trends but with the right levels set you are doing good during no trend phases means you get no signal.

Of course I would like to back test this theory but therefore I would need to know how to talk the the THVTrix indicator via code.
But I believe somebody here can give me a hand on that.

TrixFast=iCustom(NULL,0,"THV3 Trix v4.01 Div",0,0); ????
TrixSlow=iCustom(NULL,0,"THV3 Trix v4.01 Div",0,1); ????

Thanks,
Thilo
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