THV MTF EA beta testing | Page 44 | Forex Factory

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

  • #861
  • Jun 11, 2009 4:24pm Jun 11, 2009 4:24pm
Did anyone get this gap ??? I'm on IBFX
Attached Image (click to enlarge)
Click to Enlarge Name: gap.jpg Size: 112 KB
  • #862
  • Jun 11, 2009 5:53pm Jun 11, 2009 5:53pm
Quoting Vitaliy
Did anyone get this gap ??? I'm on IBFX
I do not see it on FxPro.
  • #863
  • Jun 11, 2009 11:07pm Jun 11, 2009 11:07pm
Quoting karun
Is it possible to try reverse the setting?
Karun,

I did look through the settings and your guide/manual, and did not find any way to reserve the settings. Basically, we will need the EA to buy when the short signals are met, short when the buy signals are met, and close the trade accordingly.

Can it be done now?

Thanks.
  • #864
  • Jun 11, 2009 11:33pm Jun 11, 2009 11:33pm
Quoting forexample
Hi everyone and great work going on here. I have been a regular reader but for some reason I am not able to post from my home pc...I have tried everything, clearing cache, cookies, different browsers...to no avail. Does anyone have any idea why?

Anyway I am posting here from work. I have been using the manual THV system for several months now and trade M5 & M1 with a great strike-rate. I am trying to test this EA on M15 and work in and out from there and want to begin with very basic entry & exit settings and advance from there. I have read and...
karun maybe you missed this post...I have been trading THV for months and am familiar with EA's.　I've been travelling and for some reason can only post on vista machines but I want to contribute to this thread. Please have a look at my set files and see if there's anything wrong. I've been through the manual several times and have reread this whole thread twice to no avail.

Thanks in advance,

FE
  • #865
  • Edited 6:50am Jun 12, 2009 4:01am | Edited 6:50am
Here is the last week's statment. Most of winning trades are because I had to close them manually. It looks like there is no proper MM in it. Also still many fake signals to open a trade. Disabling TrixCross will increase a trade rate.

Testing conditions: EURUSD 5min (24h non stop)
http://smages.com/t/cd/8c/cd8c3c10d4...c41041975c.jpg
Attached File(s)
File Type: zip Statement.zip   2 KB | 296 downloads
  • #866
  • Edited 7:01am Jun 12, 2009 6:04am | Edited 7:01am
EA took two trades on 15M and none on 30M(my mistake, I had 15 min cloud for entry on 30M..stupid!)
I did turned MinCrossIchimokuPips to zero. Not sure if it was stopping from taking the trades yesterday as suggested by Karun.Thanks mate

Also I didn't turn the EA at start of Asian session, if that was the case, it would have picked up and closed two trades.It shows Gartleys but I am not using the patterns in EA.Its coming from the indicator attached in the template.

Overall, I think the EA would have picked up 2 trades on 15M and 2 on 30M and both would have been profitable. I'll test the same settings next week too.

Cheers
Kaz

Update: 3rd chart...couldn't take another one due to oversold condition actived and set at .0003 level. Got to work on that..it was another good run..any ideas what could be a proper level for this TF?
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  • #867
  • Jun 12, 2009 6:57am Jun 12, 2009 6:57am
Quoting kwanj
Karun,

I did look through the settings and your guide/manual, and did not find any way to reserve the settings. Basically, we will need the EA to buy when the short signals are met, short when the buy signals are met, and close the trade accordingly.

Can it be done now?

Thanks.
Why would you ever want to do that?

Atleast as of now, EA does not have that capability.
  • #868
  • Jun 12, 2009 7:03am Jun 12, 2009 7:03am
Quoting kaizasoze
.......
I did turned MinCrossIchimokuPips to zero. Not sure if it was stopping from taking the trades yesterday as suggested by Karun.Thanks mate

Update: 3rd chart...couldn't take another one due to oversold condition actived and set at .0003 level. Got to work on that..it was another good run..any ideas what could be a proper level for this TF?
Kaz,

I said to change pricecrosscoral setting to 0, not mincrossichimoku.

The easier way to find the OB/OS level is by adding trix to the chart, in the far right it should the levels or if you place your cursor on the levels label it will show.
  • #869
  • Jun 12, 2009 7:14am Jun 12, 2009 7:14am
Quoting adrazz
Getting some good results here guys on M5
Hi ,

Can you indicate what your settings are on M5 or post the sets file.

I'm getting very encouraging results on M15 but dire ones on M5.

Cheers

WR
  • #870
  • Jun 12, 2009 8:17am Jun 12, 2009 8:17am
Quoting karun
Kaz,

I said to change pricecrosscoral setting to 0, not mincrossichimoku.

The easier way to find the OB/OS level is by adding Trix to the chart, in the far right it should the levels or if you place your cursor on the levels label it will show.
Ohh..indeed. I set both to zero though..as I think on higher TF I am testing based on the rules I have, entries are either around S/R or mid-S/R for which we already have SRDistance(entries) and MinLevelDistance(exits) set to 5.

I understand your point about OB/OS levels..I am watching them all d time but I was thinking about:
1. how to take trades which are deep inside -- OB/OS levels.
2. how to keep the winner running to optimize it to its max potential..coz we encounter numerous S/R levels in between where d profit will be taken out depending on the position size in TWO instances. I was thinking may be we can bypass certain S/R levels, can this be done??
Any ideas guys?
Cheers
Kaz
  • #871
  • Jun 12, 2009 9:19am Jun 12, 2009 9:19am
Quoting kaizasoze
Ohh..indeed. I set both to zero though..as I think on higher TF I am testing based on the rules I have, entries are either around S/R or mid-S/R for which we already have SRDistance(entries) and MinLevelDistance(exits) set to 5.

I understand your point about OB/OS levels..I am watching them all d time but I was thinking about:
1. how to take trades which are deep inside -- OB/OS levels.
2. how to keep the winner running to optimize it to its max potential..coz we encounter numerous S/R levels in between where d profit will be taken out depending...
For #1

If you want to take trades on opposite direction of OB/OS, I do not think it is possible with current version.

For #2
You can set all the exit settings to false, disable partial exits, use a higher visibleTP, use trailing stops to trail, this is double edged sword, if not handled carefully , it will hurt very badly !
  • #872
  • Jun 12, 2009 9:24am Jun 12, 2009 9:24am
Quoting forexample
karun maybe you missed this post...I have been trading THV for months and am familiar with EA's.　I've been travelling and for some reason can only post on vista machines but I want to contribute to this thread. Please have a look at my set files and see if there's anything wrong. I've been through the manual several times and have reread this whole thread twice to no avail.

Thanks in advance,

FE
FE,

Sorry about missing that post. Your EA settings do match Indicator settings on chart. Try changing PriceCrossIchimoku to 1 and let us know if it works.
  • #873
  • Jun 12, 2009 10:00am Jun 12, 2009 10:00am
Quoting karun
For #1

If you want to take trades on opposite direction of OB/OS, I do not think it is possible with current version.
No Karun, not in opposite direction. Let me try to elaborate..if trade is running wild long and its say around 80 pips in profit and resistance comes along in OB level and its closed by EA while PA just resumes from this point deeper into OB/OS levels leaving us behind at resistance. May be we can catch a few then.

Quote
For #2
You can set all the exit settings to false, disable partial exits, use a higher visibleTP, use...

I understand your point. I am not so confident about indicator based partial exits as yet mainly coz it can only happen once that too on open candles. I was just trying to find out a way to optimize partial exits based only on S/R and Psych Levels in this 15M and 30M. In any case, with so many BE options I am sure I am not gonig to allow a BIG loser.

I am still going through each setting to understand it in conjuction with a set of all available ones, I am sure with a few dedicated months of testing I can find profitable settings for my assigned pair.

Have a great weekend all
Cheers
kaz
  • #874
  • Jun 12, 2009 11:19am Jun 12, 2009 11:19am
Using the most conservative set up on the 30mn for EURGBP (trix cross, cross coral, same direction, etc), I managed to get to 50% winners/losers over last few weeks. Lots of tweaking to get the entries.
I backtested that setting for the month of April and got the same. Roughly 20 trades a month (50%-50%).

Still working on the best set up for 240mn.

Still, I ran into the same problem that most had my winners overall are smaller than losers.Either, the stop loss is too tight (2 ATR or fixed pips) and got stopped too often or too large (4 bars back or 3 ATR) and I got the above results.

I will set up the trailing stops and see how this works and take out the take profit of S/R.

....which leads me to the main point:
- The EURGBP has an ADR below 100. Over the last 3 months, we are barely over 100 pips a day. EURCHF has been even worse recently.
- Under such tight ranges, manual trading is challenging.
- It is even worse with an EA.
-

We have many testers and many currencies lined up to improve the EA. Probably, some currencies...that might not be worth the effort, while others might need more effort.

I will abide by the commitment made to this thread and leaders. Still, I respectfully suggest to review the list of currencies listed in the testing Phase1 excel file and double check that indeed, this original list will provide the benefits we expect.

Have a great week-end.
  • #875
  • Jun 12, 2009 11:30am Jun 12, 2009 11:30am
Quoting Whitespire
Still, I respectfully suggest to review the list of currencies listed in the testing Phase1 excel file and double check that indeed, this original list will provide the benefits we expect.


ps was my suggestion before we started this. it was ignored
  • #876
  • Jun 12, 2009 11:31am Jun 12, 2009 11:31am
Karun

I could not find a setting to enter the trade on fast trix color change. Is there one ? if not, do you see value in adding one ?
  • #877
  • Jun 12, 2009 6:26pm Jun 12, 2009 6:26pm
Lsweeney,
Thanks for sharing your settings, they performed quite impressively again this week (ran them since you posted them).
Looking forward to seeing how they do next week.
  • #878
  • Jun 12, 2009 7:32pm Jun 12, 2009 7:32pm
Quoting karun
FE,

Sorry about missing that post. Your EA settings do match Indicator settings on chart. Try changing PriceCrossIchimoku to 1 and let us know if it works.
You mean PriceCrossIchimoku to "True"? This will mean that price needs to cross the Ichimoku Cloud to open trades yes? I do not want this to be one of my parameters in trading but will try to see if trades open.

I have also tried other peoples templates & set files incl. the default ones posted on Page 1 but to no avail....could it be something more complex?

Are my MTF settings ok?

Things I don't want to use are set at 0 is this ok?


Thank you for your support and assistance, and if you or anyone has time over the weekend to look closely at my settings I would be very grateful..
  • #879
  • Jun 12, 2009 7:44pm Jun 12, 2009 7:44pm
Doesn't make too much sence FT1, you can have a color change or even heading in the opposite direction and the PA still is in the prior direction (in case of divergence for example), that's why we want a cloud cross

Quoting ForexTrader1
Karun

I could not find a setting to enter the trade on fast trix color change. Is there one ? if not, do you see value in adding one ?
  • #880
  • Jun 12, 2009 7:48pm Jun 12, 2009 7:48pm
Quoting cobraforex
Doesn't make too much sence FT1, you can have a color change or even heading in the opposite direction and the PA still is in the prior direction (in case of divergence for example), that's why we want a cloud cross
In fact, I am finding on the H1 that cloud cross is a more reliable indicator than Trix color change.
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