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THV MTF EA beta testing

  • #921
  • Jun 16, 2009 4:24am Jun 16, 2009 4:24am
Quoting poki
What version have you? V5 expired 2009.06.01, down load V6 at the start of the thread
Thanks Poki - Will do.
  • #922
  • Jun 16, 2009 4:33am Jun 16, 2009 4:33am
Hi All

Here are my results from week 2 testing:

----------------------------------------------------------------------

EURCHF 5Min

Summary : 107 trades , 24 Winners , 83 Losers. Pct winners 22% , P&L : -2242

Like last week not good. Too many trades for a start. This week I've turned
patterns on to avoid bad trades ( ie most of them !).

----------------------------------------------------------------------

EURCHF 15Min

Summary : 18 Trades , 15 Winners , 3 losers , Pct Win 83% , P&L +408

Same set file as posted last week but with the news filter turned on

----------------------------------------------------------------------

EURUSD 15Min

Summary : 36 Trades , 26 Winners , 9 Losers , Pct Win 72% , P&L +458

Again same set file as posted last week with news filter.

----------------------------------------------------------------------

So 15Min TF seems to be working well for me at the moment.

B Rgds

WR.
  • #923
  • Jun 16, 2009 6:59am Jun 16, 2009 6:59am
Quoting pt49
Big statement... can you elaborate? Or is it just a throwaway statement meant to impress?
What do you mean by big statement - elaborate? It's only a demo account.
  • #924
  • Jun 16, 2009 7:04am Jun 16, 2009 7:04am
Karun,

Thanks everyone for your hard work and input

Did not do as well as Wackyracer on the 15m EU but learned more about the EA. For the most part the entrances looked good but the iMaxCross closed them a too soon. Is there some way to add a value to the iMaxCross so that a touch would not close a trade but a cross of greater than some value, a measure of the separation of the two lines could close the trade?

This week I have shut off the iMaxCross and hopfully let the profits grow.

Alsea
Attached File(s)
File Type: zip WO 6079 results and set files.zip   8 KB | 300 downloads
  • #925
  • Edited 7:46am Jun 16, 2009 7:29am | Edited 7:46am
Forexhog,

Last week the Demo MBT MT4 plarform froze for a full 6 hours beginning in London session, yesterday night no transactions between 10.30PM to 2.15AM. This to add to the more frequent but shorter "no connection". I like MBT very much but for the purpose of this testing, you need to have another instance of MT4 and not relying on the demo MBT MT4 only.

When asked to the support at MT4, the answer was "we are looking into it". NO doubt they are working on it and will ultimately work, but for the time being, I do not believe testing on that platform is enough.


Quoting forexhog
to Cobra or Caveman:

I have just joined this forum, and I think that this system has the best potential to make consistent profits of any system I have tested so far.

I have just opened a $ 10,000.00 demo account with MB Trading (I think the only true ECN broker using Meta Trader).

I have loaded the following 12 pairs with default settings (1 hour TF):
EURUSD, USDCHF, GBPUSD, USDJPY, GBPJPY, EURJPY, AUDUSD, USDCAD, EURGBP, EURCHF, GBPCHF.

Within 5 minutes, THV-EA opened two orders. ....
forexhog
  • #926
  • Jun 16, 2009 7:52am Jun 16, 2009 7:52am
Quoting Whitespire
Forexhog,

Last week the Demo MBT MT4 plarform froze for a full 6 hours beginning in London session, yesterday night no transactions between 10.30PM to 2.15AM. This to add to the more frequent but shorter "no connection". I like MBT very much but for the purpose of this testing, you need to have another instance of MT4 and not relying on the demo MBT MT4 only.

When asked to the support at MT4, the answer was "we are looking into it". NO doubt they are working on it and will ultimately work, but for the time being, I do not believe testing...
Whitespire
I am aware of that as MB Trading platform is still in Beta Testing. It goes down daily for extented periods. I am also running THV EA on three Alpari accounts with different TF. I'm testing with MB Trading now because once they are fully online there may be significant advantages to having a true ECN broker account.

forexhog
  • #927
  • Jun 16, 2009 8:23am Jun 16, 2009 8:23am
These are my results for today. Seems THV v06 prefers the 30min TF.
It's hard to believe. They must be sleeping at Alpari.

forexhog
  • #928
  • Jun 16, 2009 8:28am Jun 16, 2009 8:28am
Quoting forexhog
Whitespire
I am aware of that as MB Trading platform is still in Beta Testing. It goes down daily for extented periods. I am also running THV EA on three Alpari accounts with different TF. I'm testing with MB Trading now because once they are fully online there may be significant advantages to having a true ECN broker account.

forexhog
forexhog,

Many of us would agree about the advantages of an ECN broker. However, what Whitespire is saying is that, at this stage testing on MB Trading MT4 is not useful in any manner, other than to see if EA works on thier platform. Due to thier continous upgrades/downgrades it will not give any meaningful testing results, it will be just waste of your time.

Thanks
  • #929
  • Jun 16, 2009 9:24am Jun 16, 2009 9:24am
Quoting Alsea
For the most part the entrances looked good but the iMaxCross closed them a too soon.

Alsea
Yes I noticed this too. I've been using

PartialClose1=50
PartialClose2=50

with the idea that the first close is on indicator based exit ( normally IMax or Fast Trix) and then 2nd close on trailing stop loss which I curently have set to 40 on 15 min TF.

B Rgds

WR
  • #930
  • Jun 16, 2009 9:28am Jun 16, 2009 9:28am
Quoting karun
forexhog,

Many of us would agree about the advantages of an ECN broker. However, what Whitespire is saying is that, at this stage testing on MB Trading MT4 is not useful in any manner, other than to see if EA works on thier platform. Due to thier continous upgrades/downgrades it will not give any meaningful testing results, it will be just waste of your time.

Thanks
Karun,

I understand your point and it's valid. My purpose for testing with them is, as you mentioned, to see if the EA is working properly on their platform. Also, because they charge commissions and their spreads are much lower, it gives me an early change to evaluate any differences. I also have a live as well as three demo accounts with Alpari on which I am also testing the EA.
I am amazed about the performance of the THV EA on either one of the platforms.
This is the best performing EA I have come across so far. Obviously a lot of thought and work has been put into the project. Thanks a lot for sharing! Any way I can help - let me know!

forexhog
  • #931
  • Jun 16, 2009 10:57am Jun 16, 2009 10:57am
Hi Karun,

I'm guessing the EA is using all indicator settings from the EA inputs? Not what we display on the indicators on the screen. Is this assumption of mine correct?

So for example if the EA is to be setup to run on 15M, We should go into the EA inputs and change the MTF_IchimokuHista_settings to the following:

Shortperiod = 30
Longperiod = 60

I also noticed that in the Template of EA v.0.6 does not autotimeframe = false. So people testing bigger TF should turn this to true for Visual confirmation.

I'm playing around with MTFIchimokuDot1 and Dot2 settings of 110.

Attached are my new usdcad set file with screen shot. Seems like the EA should have entered two trades but it stayed out. I also noticed it really cuts down on taking trades with this setting. I think I might be making too many changes all at once and it's giving me an ill effect because of this

What are your thoughts Karun?
Attached Image (click to enlarge)
Click to Enlarge Name: 16th.gif Size: 49 KB
Attached File(s)
File Type: txt usdcadm15.txt   4 KB | 266 downloads
  • #932
  • Jun 16, 2009 12:12pm Jun 16, 2009 12:12pm
I have been testing the EUR/AUD charts at H1 and H4.

I have tweaked a couple of settings over the past 2 1/2 weeks, but as of yet, the H1 has still not taken any trades whatsoever, even since I turned off the patterns and the H4 took 2 trades (1 loser & 1 winner) when I turned of the patterns there as well, but that was a mistake so I turned them back on and since then, also no trades.

Perhaps there is some particular setting that is preventing trades from happening, but I haven't been able to figure out what it is. Or perhaps there haven't been any good trades on those charts over the last 2 1/2 weeks.

If anyone has any thoughts, I would love some advice.

Here are my latest set files (as .txt files)
Attached File(s)
File Type: txt thv-v-06seftoneah1.v2.txt   4 KB | 244 downloads
File Type: txt thv-v-06seftoneah4.v3.txt   4 KB | 265 downloads
  • #933
  • Jun 16, 2009 12:21pm Jun 16, 2009 12:21pm
Just a slight change made on 15 and 30M TF's. Turned all 4 Trix Histo and cloud histo's to 110..entry on closed candles. Looking at charts..should have produced at least on trade on each TF's.
I'll look further may be some else is stopping d trades. set files same as already posted. Only changes are as mentioned above plus news filter.
Any thoughts are welcome.
Cheers
Kaz
  • #934
  • Jun 16, 2009 2:03pm Jun 16, 2009 2:03pm
I think this is what might be stopping your trades.

TrixOverboughtOversold=1
TrixOverboughtLevel=0.00090000
TrixOversoldLevel=-0.00090000


Quoting Sefton
I have been testing the EUR/AUD charts at H1 and H4.

I have tweaked a couple of settings over the past 2 1/2 weeks, but as of yet, the H1 has still not taken any trades whatsoever, even since I turned off the patterns and the H4 took 2 trades (1 loser & 1 winner) when I turned of the patterns there as well, but that was a mistake so I turned them back on and since then, also no trades.

Perhaps there is some particular setting that is preventing trades from happening, but I haven't been able to figure out what it is. Or perhaps there haven't...
  • #935
  • Jun 16, 2009 2:42pm Jun 16, 2009 2:42pm
Quoting Sefton
I have been testing the EUR/AUD charts at H1 and H4.

I have tweaked a couple of settings over the past 2 1/2 weeks, but as of yet, the H1 has still not taken any trades whatsoever, even since I turned off the patterns and the H4 took 2 trades (1 loser & 1 winner) when I turned of the patterns there as well, but that was a mistake so I turned them back on and since then, also no trades.

Perhaps there is some particular setting that is preventing trades from happening, but I haven't been able to figure out what it is....
I could see a problem with the periods you are using for entries and their settings 110..which means closed candle for entry. Now take for instance H1 settings:
CloudHisto: H4,M30
TrixHisto:M15-s,M30-f,M30-s,H4-f.

Just by first look at it its quite clear they 15 will be contradicting a lot of times simply coz it moving way too fast in relation to H4 to be in agreement.
Try using these:
CloudHisto: H1,H4.
TrixHistos:H1-F,H1-S,H4-F,H4-S.

This should get some trades in. Also try using open candle for entries first, if they work we can tighten our entries by trying to close all/few of them.

Just a few thoughts..
Cheers
Kaz
  • #936
  • Jun 16, 2009 3:00pm Jun 16, 2009 3:00pm
Quoting cyberevil
Hi Karun,

I'm guessing the EA is using all indicator settings from the EA inputs? Not what we display on the indicators on the screen. Is this assumption of mine correct?

So for example if the EA is to be setup to run on 15M, We should go into the EA inputs and change the MTF_IchimokuHista_settings to the following:

Shortperiod = 30
Longperiod = 60

I also noticed that in the Template of EA v.0.6 does not autotimeframe = false. So people testing bigger TF should turn this to true for Visual confirmation.

I'm playing around with MTFIchimokuDot1...
Hi cyberevil,

Your observations are correct. The indicators we add to the chart is for our visual confirmation, not for the EA. EA uses the settings in the EA properties for each indicators.

When you do some major changes to the settings, do a backtest and a forward test for atleast couple of days based on TF, so that we have enough possible trades to analyse through. If we keep changing the settings after each loser, then it will be very difficult to analyse.
  • #937
  • Jun 16, 2009 4:43pm Jun 16, 2009 4:43pm
Quoting cyberevil
I think this is what might be stopping your trades.

TrixOverboughtOversold=1
TrixOverboughtLevel=0.00090000
TrixOversoldLevel=-0.00090000
Just curious, I'm still learning. Why would that prevent my trades?
The Trix isn't even reaching that level, and I don't want to buy if it's too high or sell if it's too low anyway.
Isn't that what that setting is for?
Maybe I am unclear on exactly what that setting does.
  • #938
  • Jun 16, 2009 4:44pm Jun 16, 2009 4:44pm
Quoting kaizasoze
I could see a problem with the periods you are using for entries and their settings 110..which means closed candle for entry. Now take for instance H1 settings:
CloudHisto: H4,M30
TrixHisto:M15-s,M30-f,M30-s,H4-f.

Just by first look at it its quite clear they 15 will be contradicting a lot of times simply coz it moving way too fast in relation to H4 to be in agreement.
Try using these:
CloudHisto: H1,H4.
TrixHistos:H1-F,H1-S,H4-F,H4-S.

This should get some trades in. Also try using open candle for entries first, if they work we can tighten our...
Thanks. I am going to try some of those adjustments.
  • #939
  • Jun 16, 2009 10:07pm Jun 16, 2009 10:07pm
Karun,

Would you please take a look at my set file, and help me understand why these two trades exited so early and it had potential to be a lot more profitable?

Thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy m5 june 15th.gif Size: 34 KB
Click to Enlarge Name: eurjpy m5 june 15th 1.gif Size: 33 KB
Attached File(s)
File Type: txt eurjpy_m5.txt   4 KB | 239 downloads
  • #940
  • Jun 16, 2009 10:33pm Jun 16, 2009 10:33pm
Quoting kwanj
Karun,

Would you please take a look at my set file, and help me understand why these two trades exited so early and it had potential to be a lot more profitable?

Thanks.
Not speaking for Karun..I'd like to intrude..
Its hard to say since S/R and Psych Levels are not visible on your chart. Have a look into the screenshots(experts> files) and see what they tell you. Second one looks like exited around .50 level.
Cheers
Kaz
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