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Attachments: THV MTF EA beta testing
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THV MTF EA beta testing

  • #761
  • Jun 7, 2009 4:10am Jun 7, 2009 4:10am
Folks

Here's my take from this past week of testing:

USDJPY
60M
IBFX Demo
BASIC SETUP as per Karun (Post#479) for higher TF's
Trades: 0
Profit/Loss: 0

USDJPY
240M
IBFX Demo
BASIC SETUP as per Karun (Post#479) for higher TF's
Trades: 0
Profit/Loss: 0

Same results on a FXDD setup.

AZBOfin
  • #762
  • Jun 7, 2009 4:25am Jun 7, 2009 4:25am
For this coming week I am planning on changing the settings a bit.

Entry:

 

  1. cross cloud at minimum of 5 pips (no max.)
  2. fast trix in the same direction of the trade
  3. slow trix in the same direction of the trade
  4. previous candle in the same direction
  5. No patterns
  6. No MTF trix dots
  7. No MTF cloud dots

Exit:

 

  1. fast trix change in color
  2. iMax cross (if this was an AND operation the iMax would act as a confirmation when the fast trix changes just for a very short period)
  3. Close also loosing trades at an exit signal (CloseIfProfit=false)
  4. Close whole order at oppposite signal (OppositeSignalExit=true)

I might include trix-confirmation (MTF dots) on next higher TF but don't know yet.

Misc Settings:

SL 3 times ATR(20)
TP 3 times ATR(20)
BE 2 times ATR(20)
LockPips = 5

Partial profit taking in steps of 50% each
BreakEvenPartialClose = 1

I'll see how it goes...

Have a great weekend and a good start on Monday

AZBOfin
  • #763
  • Jun 7, 2009 6:00pm Jun 7, 2009 6:00pm
My results for the week...

EURJPY 60
NO orders takes


EURJPY 240
2 orders taken - both winners
Total Profit $262.17

Note that the first order was set for .3 lots instead of .1 lots - my mistake. Adjusting for for that mistake, the EA would have made an adjusted

Adj Profit $106.67

From my examinations, these appear to be correct with my settings. Specifically, the MTF dots were never consistent with the TRIX fast crosses - thus no orders.

I have also been running the EA on another test account, 5 min with a bit different settings. I will publish those results a bit later.


T...
  • #764
  • Jun 7, 2009 7:59pm Jun 7, 2009 7:59pm
Quoting tsquad
My results for the week...

EURJPY 60
NO orders takes


EURJPY 240
2 orders taken - both winners
Total Profit $262.17

Note that the first order was set for .3 lots instead of .1 lots - my mistake. Adjusting for for that mistake, the EA would have made an adjusted

Adj Profit $106.67

From my examinations, these appear to be correct with my settings. Specifically, the MTF dots were never consistent with the TRIX fast crosses - thus no orders.

I have also been running the EA on another test account, 5 min with a bit different settings. I...
T,

Are you using patterns for 60M? if so, please try turning off all patterns for 60M this week.

This is same for all testing 60M. Please turn off patterns for this week.

Thanks
  • #765
  • Jun 7, 2009 8:06pm Jun 7, 2009 8:06pm
Hello Fellow Traders,

thought that I would share my results of the THV EA with you.

I left all settings as defaulted and attached the EA Robot to the following currencies all on a 1 Hour timeframe.

USD/JPY:USD/CHF:USD/CAD:EUR/USD:GPB/USD:EUR/JPY:GPB/JPY:AUD/USD;NZD/USD:GPB/NZD:EUR/NZD:AUD/NZD. 12 currencies total.

I have left the robot activated 24/5 closing it only after the markets close Friday and open just before market open Monday.

I opened a demo account on 19 May with an initial deposit of $10,000.
The robot has traded a total of 190 trades,(my broker would love me if this was live).
As at close of play on Friday night the account had grown to $11,125-80, and as I am based here in NZ our markets are open already for the new week and already the new version is trading and showing a profit of $40 off 4 trades and I have 3 open showing a loss presently of $77. THe new version V.6 I only downloaded and set up just prior to the market open so all the data relates to the V.5 robot.
Attached my account summary for your info.

Will set different values this time once I get my head around what....

Happy Trading all

L Sweeney.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: THVEA1.jpg Size: 293 KB
Click to Enlarge Name: THVEA2.jpg Size: 296 KB
Click to Enlarge Name: THVEA3.jpg Size: 298 KB
Click to Enlarge Name: THVEA4.jpg Size: 289 KB
  • #766
  • Jun 7, 2009 8:16pm Jun 7, 2009 8:16pm
Quoting lsweeney
Hello Fellow Traders,

thought that I would share my results of the THV EA with you.

I left all settings as defaulted and attached the EA Robot to the following currencies all on a 1 Hour timeframe.

USD/JPY:USD/CHF:USD/CAD:EUR/USD:GPB/USD:EUR/JPY:GPB/JPY:AUD/USD;NZD/USD:GPB/NZD:EUR/NZD:AUD/NZD. 12 currencies total.

I have left the robot activated 24/5 closing it only after the markets close Friday and open just before market open Monday.

I opened a demo account on 19 May with an initial deposit of $10,000.
The robot has traded a total of...
Hi lsweeney,

Thanks for your results on v5. Let us know if you have any question on v6 settings. All the settings (other than indicator settings) have been covered in the user guide.

Thanks
  • #767
  • Jun 7, 2009 8:27pm Jun 7, 2009 8:27pm
Hi Karun
Thanks and if you have any settings you would like to suggest I would be happy to receive and set accordingly. I am very new to robots hence why I left all settings as they were when downloaded!!.

An update on current trades is as follows. Now have closed out 5 trades the last being the USD/CHF for a zero loss/profit.

And now have 7 trades open. see attached.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: THVEA5.jpg Size: 236 KB
Click to Enlarge Name: THVEA6.jpg Size: 249 KB
  • #768
  • Jun 7, 2009 8:36pm Jun 7, 2009 8:36pm
Quoting lsweeney
Hi Karun
Thanks and if you have any settings you would like to suggest I would be happy to receive and set accordingly. I am very new to robots hence why I left all settings as they were when downloaded!!.

An update on current trades is as follows. Now have closed out 5 trades the last being the USD/CHF for a zero loss/profit.

And now have 7 trades open. see attached.
Here is the post which gives a basic idea for entry and exits. It does looks like you are testing 1H, in that case turn off all patterns(Patterns on 1H kept us out of many trades)

http://www.forexfactory.com/showpost...&postcount=479
  • #769
  • Jun 7, 2009 10:45pm Jun 7, 2009 10:45pm
Quoting karun
T,

Are you using patterns for 60M? if so, please try turning off all patterns for 60M this week.

This is same for all testing 60M. Please turn off patterns for this week.

Thanks
Karun

I turned off all patterns. If I understand correctly, the only thing I now have turned on is the TRIX cross. So the next TRIX cross should trigger an order. When I get some time, I want to compare notes with the 5 minutes tests I have running a on another computer - at another location.

T...
  • #770
  • Jun 7, 2009 11:54pm Jun 7, 2009 11:54pm
First week results for EA on 15m, it was pretty much left alone to run 24/5 with no news filter etc. Karun, is there a way to restrict the number of trades in a time frame, say a max of 2 trades during Euro session, a few of the losers took place after 2 winners in a row and the end result would have been a profit.



Details:

Gross Profit:527.63Gross Loss:762.87Total Net Profit:-235.24Profit Factor:0.69Expected Payoff:-3.92 Absolute Drawdown:309.15Maximal Drawdown:367.74 (0.75%)Relative Drawdown:0.75% (367.74) Total Trades:60Short Positions (won %):38 (60.53%)Long Positions (won %):22 (68.18%)Profit Trades (% of total):38 (63.33%)Loss trades (% of total):22 (36.67%)Largestprofit trade:20.00loss trade:-75.00Averageprofit trade:13.89loss trade:-34.68Maximumconsecutive wins ($):5 (67.86)consecutive losses ($):5 (-143.39)Maximalconsecutive profit (count):76.52 (4)consecutive loss (count):-143.39 (5)Averageconsecutive wins:3consecutive losses:2
  • #771
  • Jun 8, 2009 7:38am Jun 8, 2009 7:38am
Here are the results from last week. It is break even or slightly positive.

The big winner had the wrong lot size for the testing. The 30m has a lot size of .11 while 15m has a lot size of .10 to distinguish the TF in the trade summary.

This week I am going to reduce the MTF Trix dots and use only trix dot 1 and 2. I also will only useTrxiDot Ichimoku 1. All TrixDots set to 110.

Also increase the visible TP from 0 to 100 and SL from 0 to 50. I would prefer another exit strategy though only concentrating on the entrance for this week.

Any other suggestions let me know.
Attached File(s)
File Type: zip WO 5319 results and set files.zip   72 KB | 342 downloads
  • #772
  • Jun 8, 2009 8:35am Jun 8, 2009 8:35am
Quoting poki
First week results for EA on 15m, it was pretty much left alone to run 24/5 with no news filter etc. Karun, is there a way to restrict the number of trades in a time frame, say a max of 2 trades during Euro session, a few of the losers took place after 2 winners in a row and the end result would have been a profit.



Details:

Gross Profit:527.63Gross Loss:762.87Total Net Profit:-235.24Profit Factor:0.69Expected Payoff:-3.92 Absolute Drawdown:309.15[b]Maximal...
poki,

At this time we do not have an option of limiting EA from taking trades based % of winners or something like that. we *may* do this at some point of time, but its too early to say.
  • #773
  • Jun 8, 2009 8:36am Jun 8, 2009 8:36am
Quoting tsquad
Karun

I turned off all patterns. If I understand correctly, the only thing I now have turned on is the TRIX cross. So the next TRIX cross should trigger an order. When I get some time, I want to compare notes with the 5 minutes tests I have running a on another computer - at another location.

T...
T,
For 60M:-

We enter based on fast trix direction.
We use 240M Fast and 30M Slow, 30M Fast as MTFTrix settings. All of them have to agree in same direction. We will use 30M and 240M for Ichicmoku cloud settings.
  • #774
  • Jun 8, 2009 3:21pm Jun 8, 2009 3:21pm
Karun

can you sum up what you have learned from week 1 testing ?
  • #775
  • Jun 8, 2009 5:08pm Jun 8, 2009 5:08pm
Quoting ForexTrader1
Karun

can you sum up what you have learned from week 1 testing ?
Sure, Here we go....

Only very very few showed any commitment to try and understand the settings and more so atleast even to read the manual.

If you want to say, "I Said So", please go ahead.

Atleast I now know, out of all that list who has patience and commitment !!!

Along the way, we also learned using patterns on 60M kept us out of many trades, and my personal testing on 1M chart is that few losers can destroy a string of winners, while 15 and above is more profitable than 1M and 5M.
  • #776
  • Jun 8, 2009 5:28pm Jun 8, 2009 5:28pm
Hey guys! My ea expiration date 2009/07/01 what will be after that? I have to pay for it or downloaded agein?
  • #777
  • Jun 8, 2009 5:30pm Jun 8, 2009 5:30pm
Quoting turbo
Hey guys! My ea expiration date 2009/07/01 what will be after that? I have to pay for it or downloaded agein?
a new ea will be relase. for free.
  • #778
  • Jun 8, 2009 5:40pm Jun 8, 2009 5:40pm
Quoting karun
Sure, Here we go....

Only very very few showed any commitment to try and understand the settings and more so atleast even to read the manual.

If you want to say, "I Said So", please go ahead.

Atleast I now know, out of all that list who has patience and commitment !!!

Along the way, we also learned using patterns on 60M kept us out of many trades, and my personal testing on 1M chart is that few losers can destroy a string of winners, while 15 and above is more profitable than 1M and 5M.
do you think this also for manual trading? thv bor for trade in the 5'..
  • #779
  • Jun 8, 2009 7:25pm Jun 8, 2009 7:25pm
Quoting karun
poki,

At this time we do not have an option of limiting EA from taking trades based % of winners or something like that. we *may* do this at some point of time, but its too early to say.
ok, this week I have news filter enabled and trading hr restriction to 6.00-15.00 GMT, Monday's trades all winners. Karun, I have tried to set EA to close half trade at +20 and close remainder via IMAX of trix change to pick up the longer moves. So far it just closes once at +20, is it possible to set it the way I suggust??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15m e-a odl.gif Size: 67 KB
Click to Enlarge Name: 15m gu odl.gif Size: 91 KB
  • #780
  • Jun 8, 2009 8:47pm Jun 8, 2009 8:47pm
Quoting pattinatore
do you think this also for manual trading? thv bor for trade in the 5'..
The difference between EA and human trading makes a lot of difference on 1M and 5M. While a good fx trader can be profitable in 1M and 5M on a long run, I do not think an EA can do that. There is only so much we can make an EA to do.
That being said, the *problem* I noticed with this EA is on 1M and 5M is that there is a good winning percentange and then few losers (the reason being the SL has to be big enough to accomodate whipsaws on lower TFs) which wipe out the winnings. As somebody suggested, if we get the EA to stop trading after x pips or x percent for a day, we may see improvements on 1M and 5M (even other TFs).
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