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THV MTF EA beta testing

  • #561
  • Jun 1, 2009 2:00pm Jun 1, 2009 2:00pm
AZBO but PA is UNDER the coral for a buy trade PA must be over the coral right ?
  • #562
  • Jun 1, 2009 2:07pm Jun 1, 2009 2:07pm
Quoting AZBOfin
folks

here's my first take on today - nor not.

valid entry at trix divergence (magenta line) but no MTF confirmation.
when the MTF dots (30S,30F,240F) agreed 3 candles later the trade should have been fired up because of PreviousBars=3 - but it didn't.

it's my guess that because of the MTF settings = 110 which calls for a closed candle the signal became valid at the 4th candle after the trix divergence. because of the PreviousBars setting which looks back only three candles the entry was 1 candle late and therefore invalid.

does my thinking...
AZBOfin,

It makes sense to me. We have to check the effect of using MTF Settings with closed candle like this scenario. Other wise this could have been a good trade . Other way to check this is with backtesting.
  • #563
  • Jun 1, 2009 2:07pm Jun 1, 2009 2:07pm
When you use MTF don't use the coral on TF's higher than 15M or you will lose a lot of trades.

I use two different types of sets, Coral rule OR MTF rule as the basic parameter.

Just my opinion.

Quoting Mandl2007
AZBO but PA is UNDER the coral for a buy trade PA must be over the coral right ?
  • #564
  • Jun 1, 2009 2:08pm Jun 1, 2009 2:08pm
Karun, as if you need more work to do , here are my set files again with the adjustments made based on your observation. I would have expected the EA on H4 to have made a trade at the close of the 1600 GMT candle but it didn't. Maybe you or someone could confirm?

ADD: never mind - I hadn't noticed it didn't meet the cloud rule; but anyone is welcome to look at the set files anyway
Attached File(s)
File Type: txt tw_eu60_0531_0.6.txt   4 KB | 287 downloads
File Type: txt tw_eu240_0531_0.6.txt   4 KB | 255 downloads
  • #565
  • Edited 2:12pm Jun 1, 2009 2:08pm | Edited 2:12pm
Quoting Mandl2007
AZBO but PA is UNDER the coral for a buy trade PA must be over the coral right ?
thanks but PriceCrossCoral=0 and PriceCrossIchimoku=0 as well. according to karun's post (#479) higher timeframes have just the fast trix, some patterns plus the MTF dots as an entry signal - they don't take the coral or the cloud in account.

AZBOfin
  • #566
  • Jun 1, 2009 2:09pm Jun 1, 2009 2:09pm
Quoting Mandl2007
AZBO but PA is UNDER the coral for a buy trade PA must be over the coral right ?
Mandl,

On the higher TF's we are not looking for coral. That will keep us out from many trades. The reason we use coral on lower tf, to be on the safer side(still it does not mean, we will not having losing trade).
  • #567
  • Jun 1, 2009 2:11pm Jun 1, 2009 2:11pm
Quoting karun
AZBOfin,
Other way to check this is with backtesting.
does backtesting work well with the MTF indicator?
  • #568
  • Jun 1, 2009 2:17pm Jun 1, 2009 2:17pm
Quoting TradeWell
Karun, as if you need more work to do , here are my set files again with the adjustments made based on your observation.
TW:

I am trading the UJ60/UJ240 and I see you have very similar settings - if not the same. I am planning on changing the MTFTrixDot(n) parameters from 110 to 100. why wait a whole hour (or even four hours for that matter) for the candle to close if a signal is there?

AZBOfin
  • #569
  • Jun 1, 2009 2:25pm Jun 1, 2009 2:25pm
Hi Karun,
I downloaded this new version today. I started it as follow:

Runing 8 pairs on WHC Trader4, TF=M5, EC-EG-EU-UJ-AU-EJ-GU-UC
Runing 6 pairs on FXCM, TF=M5, EG-UC-EU-EC-GU-GJ
I must say that all those TF are working correctly and my computer dosn't suffer. Till now, I'm observing good results.
Hope it will continue.
Thanks & regards to you and Cobra team.
  • #570
  • Jun 1, 2009 2:39pm Jun 1, 2009 2:39pm
Quoting AZBOfin
does backtesting work well with the MTF indicator?
AZBOfin,

The reason we use MTF Indicator on chart is for us to visualize the MTF behaviour and compare with EA activity. EA does not use MTF Indicator, it uses Trix to calculate for MTF values, so the EA should work. Since this particular entry scenario is well known for us, if we back test EA for today we should be able to replicate the desired result.

Hopefully I have explained it clearly. If not let me know, I'll try to rephrase this.
  • #571
  • Jun 1, 2009 2:57pm Jun 1, 2009 2:57pm
Quoting AZBOfin
TW:

I am trading the UJ60/UJ240 and I see you have very similar settings - if not the same. I am planning on changing the MTFTrixDot(n) parameters from 110 to 100. why wait a whole hour (or even four hours for that matter) for the candle to close if a signal is there?

AZBOfin
I had thought about that too but a change in Trix doesn't always hold. A wait for a close gives a better confirmation - at least that's what I have observed. If it really should be changed, I have no problem doing so.
  • #572
  • Jun 1, 2009 2:59pm Jun 1, 2009 2:59pm
It's an interesting challenge and a pleasure to work with a coder like xux99 who never says "that's impossible", he just do it.

I'm still believing that the human mind is difficult to replace with a robot but for me it's important what the EA is doing in % to equity during a month/year, not how many trades it takes.

Once that I see that the entries are well filtered I will execute the exits manually, having a competition with the bot.

Let's see where this is going to.

Quoting ForexTrader1
Cobra you seem to be getting impressed by EA. Thats a good sign. You were not a big fan of EAs when this effort started.
  • #573
  • Jun 1, 2009 2:59pm Jun 1, 2009 2:59pm
Hi dear cobras,

can i translate some from here and put on russian forum?
Searching for inside balance.
  • #574
  • Jun 1, 2009 3:03pm Jun 1, 2009 3:03pm
No problem

Quoting Flamenkito
Hi dear cobras,

can i translate some from here and put on russian forum?
  • #575
  • Jun 1, 2009 3:09pm Jun 1, 2009 3:09pm
Quoting TradeWell
I had thought about that too but a change in Trix doesn't always hold. A wait for a close gives a better confirmation - at least that's what I have observed. If it really should be changed, I have no problem doing so.
I think we can use open candle for 4H and closed candle for 1H, that way we will not miss a big move in 4H and will not enter early in a 1H.

Let me know what you guys think...
  • #576
  • Jun 1, 2009 3:15pm Jun 1, 2009 3:15pm
Have a look at this set for me someone please, I cannot for the life of me get her to trade.
Attached File(s)
File Type: zip m5.zip   1 KB | 341 downloads
Pip Goes The Weasel
  • #577
  • Jun 1, 2009 3:41pm Jun 1, 2009 3:41pm
Attached are two set files for EUR GBP for 30mn and 240mn. I took into account the comments made since yesterday on the thread but would not mind another pair of fresh eyes.
Thank you
Attached File(s)
File Type: txt thv6_eurgbp_30.txt   4 KB | 255 downloads
File Type: txt thv6_eurgbp_240.txt   4 KB | 237 downloads
  • #578
  • Jun 1, 2009 3:58pm Jun 1, 2009 3:58pm
It's working fine on the strategy tester here.

Look in tools/options how your settings are, please

Quoting adrazz
Have a look at this set for me someone please, I cannot for the life of me get her to trade.
Attached Image
  • #579
  • Jun 1, 2009 4:03pm Jun 1, 2009 4:03pm
Quoting cobraforex
It's working fine on the strategy tester here.
On Alpari Demo on a VPS and not one trade all day?
Pip Goes The Weasel
  • #580
  • Jun 1, 2009 4:05pm Jun 1, 2009 4:05pm
Quoting cobraforex
It's working fine on the strategy tester here.

Look in tools/options how your settings are, please
Yep it is all switched on I run a lot of EA's
Pip Goes The Weasel
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