THV MTF EA beta testing | Page 53 | Forex Factory

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THV MTF EA beta testing

  • #1,041
  • Jun 22, 2009 5:26pm Jun 22, 2009 5:26pm
That doesn't make too much sense to me, for manually trading it's very needed in my opinion as we have a certain stress while trading and once filled the book we need to relax, but the EA don't have feelings at all, why not let it trade whenever a signal is triggered?


Quoting Wlfx
Hi all.
I just have a wish and like to suggest XUX... Can we have an option for daily MAX profit and MAX loose. Mean if EA reached daily goal for example 30pip - no trades untill next day, and if EA had 3 loosers in a row or example -50pip - same no trades untill next day. Thanks.
  • #1,042
  • Jun 22, 2009 5:32pm Jun 22, 2009 5:32pm
Quoting flyingnutjob
Thanks. Well, FXCM at least in their demo account doesn't seem to care, nor does MTB. I just bought & sold EUR/USD in my live account with FXDD, and it didn't stop me either.
Well that is really confusing since if they are part of the NFA then you can not have a pending sell and a pending buy order at the same time?
One way to test it is try to do a manul pending buy stop and then once you do that try to do a manual pending sell stop and see if it says hedge not allowed?
There was another question I had reguarding the 5min set file, but I want to go back to the posts to make sure I have my data correct before asking?
  • #1,043
  • Jun 22, 2009 5:36pm Jun 22, 2009 5:36pm
Let's do us all the favor to wait some more weeks, Karun will move to live in another country and will need some time to settle down, we also will have soon another version and I'm thinking also to integrate a security, visible but wide SL for the case of internet difficults before release of a live version.

Once it's released I don't care too much who use it, how much he/she wins or lose but you all should be aware of the risks trading a bot.


Quoting flyingnutjob
When might we able to go live with this EA? I would love to throw it on a Micro account. I'm willing to venture $500 to see how it trades live. Anyone else?
Thanks
  • #1,044
  • Jun 22, 2009 6:07pm Jun 22, 2009 6:07pm
Quoting letizia
Well that is really confusing since if they are part of the NFA then you can not have a pending sell and a pending buy order at the same time?
One way to test it is try to do a manul pending buy stop and then once you do that try to do a manual pending sell stop and see if it says hedge not allowed?
There was another question I had reguarding the 5min set file, but I want to go back to the posts to make sure I have my data correct before asking?
I tried finding the post but too many posts to go through so I might have my data wrong but it has to do with the MTF settings of the 5min set file.If I am not wrong, it looks like the setting are for a 15m tf and not 5m or does it make any difference what numbers you use? I guess as long as you get profits you can use a 15 min 30 min whatever setting on a lower tf?

MTF_A_t3_period=20
MTF_B_t3_period_ac=35
ePeriod1=15
ePeriod1Type=1
ePeriod2=30
ePeriod2Type=1
ePeriod3=15
ePeriod3Type=1
ePeriod4=15
ePeriod4Type=1
MTF_IchimokuHisto_settings=----------------------------------------------------------------------
MaPeriod1=2
MaPeriod2=3
MaPeriod3=5
Shortperiod=15
Longperiod=30
  • #1,045
  • Jun 22, 2009 6:14pm Jun 22, 2009 6:14pm
Quoting letizia
I tried finding the post but too many posts to go through so I might have my data wrong but it has to do with the MTF settings of the 5min set file.If I am not wrong, it looks like the setting are for a 15m tf and not 5m or does it make any difference what numbers you use? I guess as long as you get profits you can use a 15 min 30 min whatever setting on a lower tf?
I didn't code this thing, but I believe if does the same as I do. It is looking at larger time frames for confirmation while trading the shorter time frame. That is why the light bars are for M15 & M30 while on the M5 chart.
The Flying Dutchman
  • #1,046
  • Jun 22, 2009 6:21pm Jun 22, 2009 6:21pm
Quoting cobraforex
Let's do us all the favor to wait some more weeks, Karun will move to live in another country and will need some time to settle down, we also will have soon another version and I'm thinking also to integrate a security, visible but wide SL for the case of internet difficults before release of a live version.

Once it's released I don't care too much who use it, how much he/she wins or lose but you all should be aware of the risks trading a bot.
Cobra,

Not trying to rush anyone, I just thought it might be interesting to see if the thing trades any different on a live account than on the demos. Now, I'm not going to be trading 100:1 leverage at $20 a pip with the thing. I was just thinking it would be interesting to throw it on a Micro account at $0.01 a pip and see what happens. See if it (and the broker) trade it any different.

Would REALLY be interesting to run it live AND on a demo with the same broker (under a different IP address of course). Now wouldn't THAT be something if it traded significantly different.

I can wait. Just curious, that's all.
The Flying Dutchman
  • #1,047
  • Jun 22, 2009 6:22pm Jun 22, 2009 6:22pm
Quoting cobraforex
Let's do us all the favor to wait some more weeks, Karun will move to live in another country and will need some time to settle down, we also will have soon another version and I'm thinking also to integrate a security, visible but wide SL for the case of internet difficults before release of a live version.

Once it's released I don't care too much who use it, how much he/she wins or lose but you all should be aware of the risks trading a bot.
Hi Cobraforex,
Just a suggestion regarding the security SL. In all the EAs I trade I have coded a "DisasterSL" which gets sent as the SL with the initial order. This can be 100-300 pips and never gets changed. In case there are violent news events or the internet goes down this always stays on the broker's server for safety. The SL or TS that the EA uses can be internal only and gets fired if the EA is actively trading. I found this to be the safest way to trade live $. Thank you for all you great work.
If it backtests good run it live!
  • #1,048
  • Jun 22, 2009 6:35pm Jun 22, 2009 6:35pm
Quoting fxspeedster
Hi Cobraforex,
Just a suggestion regarding the security SL. In all the EAs I trade I have coded a "DisasterSL" which gets sent as the SL with the initial order. This can be 100-300 pips and never gets changed. In case there are violent news events or the internet goes down this always stays on the broker's server for safety. The SL or TS that the EA uses can be internal only and gets fired if the EA is actively trading. I found this to be the safest way to trade live $. Thank you for all you great work.
If I am not mistaken, I believe that feature is already in the ea. You have
VisibleSL=0.00000000 where you can place 300 and you can configure the hidden sl with
MinimumSLPips=5.00000000
StopLossPips=0.00000000
StopLossAtrMultiplier=3.00000000
StopLossAtrPeriod=14.00000000
  • #1,049
  • Jun 22, 2009 6:36pm Jun 22, 2009 6:36pm
Quoting flyingnutjob
I didn't code this thing, but I believe if does the same as I do. It is looking at larger time frames for confirmation while trading the shorter time frame. That is why the light bars are for M15 & M30 while on the M5 chart.
Guess all that matters is that it trades and your profits are greater than your loss
  • #1,050
  • Jun 22, 2009 7:09pm Jun 22, 2009 7:09pm
That is exactly what I'm thinking about, I even like the name "DisasterSL", lol.

I had in mind to set that as a % of the equity but can be made by pips regarding to the traded TF as well.

I haven't tried it yet but I think using the visibleSL overwrites the other SL options but not sure, maybe xux can help us with that when he comes by.



Quoting fxspeedster
Hi Cobraforex,
Just a suggestion regarding the security SL. In all the EAs I trade I have coded a "DisasterSL" which gets sent as the SL with the initial order.
  • #1,051
  • Jun 22, 2009 7:16pm Jun 22, 2009 7:16pm
I've seen a lot of talks about live version lately. I am going to chime in for a bit, I think we are still in the process of finding optimal setups for various TF's. Some of larger TF's are still struggling with entries and exits on various pairs. I can see dwindling interest in testing the assigned TF's as well. I personally haven't work out all the settings in different conditions as yet and won't feel comfortable unless, I can configure any TF in my sleep with this bot. Way too early for me to think LIVE.
IMHO we need to be a little patient and productive with testing first and work on ourselves while we are working on the bot. Hell, its so embarrasing to see it making money on demo while I don't on live. Learning a lot from the bot!!

Cheers
Kaz
  • #1,052
  • Jun 22, 2009 7:19pm Jun 22, 2009 7:19pm
I'm already with an live account (micro) and can't see any difference yet.

Quoting flyingnutjob
Cobra,

Not trying to rush anyone, I just thought it might be interesting to see if the thing trades any different on a live account than on the demos....
  • #1,053
  • Jun 22, 2009 8:28pm Jun 22, 2009 8:28pm
Quoting cobraforex
That is exactly what I'm thinking about, I even like the name "DisasterSL", lol.

I had in mind to set that as a % of the equity but can be made by pips regarding to the traded TF as well.

I haven't tried it yet but I think using the visibleSL overwrites the other SL options but not sure, maybe xux can help us with that when he comes by.
Here is the setting I am using and it seems to be working so far.For visible I am using 200 pips and for the hidden sl I am using 100 pips.
MinimumSLPips=100.00000000
StopLossPips=100.00000000
StopLossAtrMultiplier=0.00000000
StopLossAtrPeriod=14.00000000
VisibleSL=200.00000000
  • #1,054
  • Jun 22, 2009 8:31pm Jun 22, 2009 8:31pm
I reinstalled everything but it didn't help to solve problem with trading, I still can't get it to trade. I think there is some mistake in my set file.. could you please take a look at it ? I turned off everything except the basic stuff
Attached File(s)
File Type: txt test3h1 - Copy.txt   4 KB | 220 downloads
  • #1,055
  • Jun 22, 2009 8:44pm Jun 22, 2009 8:44pm
What TF you are using?

You've set 4H slow trix same color in the MTF settings(DOT3).

At this moment we are 4H red and 1H Green, if you use 1H TF you need to wait that 4H slow and both 1H are in the same color regarding to your settings.

Also you use MTFTrixDot2=311

I only use 0 = no and 1 = yes as the first number

Quoting Vitaliy
I reinstalled everything but it didn't help to solve problem with trading, I still can't get it to trade. I think there is some mistake in my set file.. could you please take a look at it ? I turned off everything except the basic stuff
  • #1,056
  • Jun 22, 2009 8:47pm Jun 22, 2009 8:47pm
I'm gonna try it on the simulator when I get time to, that way we are sure, also a confirmation from Xux would be great.

Quoting letizia
Here is the setting I am using and it seems to be working so far.For visible I am using 200 pips and for the hidden sl I am using 100 pips.
MinimumSLPips=100.00000000
StopLossPips=100.00000000
StopLossAtrMultiplier=0.00000000
StopLossAtrPeriod=14.00000000
VisibleSL=200.00000000
  • #1,057
  • Jun 22, 2009 8:48pm Jun 22, 2009 8:48pm
VisibleSL closes the whole lots irrespective of the hidden stop loss value.

Quoting cobraforex
I haven't tried it yet but I think using the visibleSL overwrites the other SL options but not sure, maybe xux can help us with that when he comes by.
  • #1,058
  • Jun 22, 2009 8:59pm Jun 22, 2009 8:59pm
Quoting cobraforex
What TF you are using?

You've set 4H slow trix same color in the MTF settings(DOT3).

At this moment we are 4H red and 1H Green, if you use 1H TF you need to wait that 4H slow and both 1H are in the same color regarding to your settings.

Also you use MTFTrixDot2=311

I only use 0 = no and 1 = yes as the first number
Hello try the set file from page 40 post 588 to see if a trade is made?
  • #1,059
  • Jun 22, 2009 9:22pm Jun 22, 2009 9:22pm
That particular test file I'm running on H1 timefraim and 6 different pairs ( on the different terminal from USDCAD). Yes thats correct the entry condition was H1fast H1 slow and H4 slow have to be the same color for entry. As far as I know first number 3 in MTFTrixDot setting means that it is used for entry end exit, and second number if = 1 entry on closed candle and third number =1 exit on closed candle, as I can see on the attached schreenshot the conditions were met and the trade wasn't placed. Or I missed something?

Quoting cobraforex
What TF you are using?

You've set 4H slow trix same color in the MTF settings(DOT3).

At this moment we are 4H red and 1H Green, if you use 1H TF you need to wait that 4H slow and both 1H are in the same color regarding to your settings.

Also you use MTFTrixDot2=311

I only use 0 = no and 1 = yes as the first number
Attached Image (click to enlarge)
Click to Enlarge Name: screen.jpg Size: 174 KB
  • #1,060
  • Jun 22, 2009 9:35pm Jun 22, 2009 9:35pm
You're right, that's what the manual says, so you want to exit when those values are in opposite color.

You can use exit on opposite signal instead, just to try if it works better.

In case that you can't get it to work let me know and I'll try it on the simulator after the London session, now I need a small nap.

Quoting Vitaliy
That particular test file I'm running on H1 timefraim and 6 different pairs ( on the different terminal from USDCAD). Yes thats correct the entry condition was H1fast H1 slow and H4 slow have to be the same color for entry. As far as I know first number 3 in MTFTrixDot setting means that it is used for entry end exit, and second number if = 1 entry on closed candle and third number =1 exit on closed candle, as I can see on the attached schreenshot the conditions were met and the trade wasn't placed. Or I missed something?
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