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

  • #1,081
  • Jun 26, 2009 11:34am Jun 26, 2009 11:34am
wow, i am blown away. lots of new and quite interesting features.

thanks to xux and the team!
  • #1,082
  • Jun 26, 2009 11:39am Jun 26, 2009 11:39am
Hello Cobra,

Many thanks to you, karun, XUX and all the cobra team members.
FF is very lucky to have everyone one of you as members of this terrific forum.

Regards,
Jeff

Quoting cobraforex
This new V0.7 version came just out of the bakery and is still hot, I didn't try it yet but will set it up today.

Please rename your template file to the new versions name.

Don't forget to paste (overwrite) the gartley and Trix called indi in your expert/indicator folder.

My indicators (not the EA) are open source now, that means that I post the mq4 files (The gartley isn't made or modified by the Team) and you can do with them whatever you think it's good for you, less selling them please.

Also would be nice if you can leave a credit...
  • #1,083
  • Jun 26, 2009 11:55am Jun 26, 2009 11:55am
Hi Jeff

Thanks for the kind words.

This is a long term project and we wanna integrate as more parameters, critics which we use in manual trading, as we can.

Those will be later hard coded an not user defined.

A robot is performing only what the creator integrated, maybe one day we can get it to perform as in manual trading.

Quoting azjeff
Hello Cobra,

Many thanks to you, karun, XUX and all the cobra team members.
FF is very lucky to have everyone one of you as members of this terrific forum.

Regards,
Jeff
  • #1,084
  • Jun 26, 2009 1:24pm Jun 26, 2009 1:24pm
The new THV EA version is out. Let's get down to business...

Have a great weekend everybody!
Attached Image (click to enlarge)
Click to Enlarge Name: CommodorePET.JPG Size: 46 KB
  • #1,085
  • Jun 26, 2009 1:53pm Jun 26, 2009 1:53pm
Quoting cobraforex
Hi EA folks

here we have the new version of the THV EA.

I want to say once more thanks to xux99 for his inconditional and professional help on this project, xux you're just great and you deserve much more than we ever can give back.

Here the news which xux wrote in our developement forum:

New features of this version:
All indicators based entries and exits can be based on closed or unclosed candle.
SRDistance: It doesn't include the daily pivot.
DailyPivotDistance: No orders are opened if distance from the daily pivot is less than...
I have updated the first post with latest release and a link to your post for more details for the latest update. Thanks to Xux for his tremendous work on this

Have a great weekend all..
  • #1,086
  • Jun 26, 2009 2:36pm Jun 26, 2009 2:36pm
I have downloaded the new EA(v0.7) and have question. Sorry but can anyone tell me how to set "true" for example "Price Cross Coral" ? I mean i only see "000" setting instead "true/false". I must enter for "true" "111" ???Thank you.
  • #1,087
  • Jun 26, 2009 2:45pm Jun 26, 2009 2:45pm
Quoting Wlfx
I have downloaded the new EA(v0.7) and have question. Sorry but can anyone tell me how to set "true" for example "Price Cross Coral" ? I mean i only see "000" setting instead "true/false". I must enter for "true" "111" ???Thank you.
I have not checked it yet, but I think it works the same way as MTF settings
  • #1,088
  • Jun 26, 2009 11:51pm Jun 26, 2009 11:51pm
Quoting cobraforex
Hi EA folks

here we have the new version of the THV EA.

I want to say once more thanks to xux99 for his inconditional and professional help on this project, xux you're just great and you deserve much more than we ever can give back.
Wonderful job Xux!!

Man.. I truly am lost for words! You present a wish list and its done. Please accept my respect Cobra, XuX and d team..I feel lucky to be here for sure.

Can't wait for clock to tick into Monday...

Cheers
Kaz
  • #1,089
  • Jun 27, 2009 3:00am Jun 27, 2009 3:00am

Quoting Wlfx
I have downloaded the new EA(v0.7) and have question. Sorry but can anyone tell me how to set "true" for example "Price Cross Coral" ? I mean i only see "000" setting instead "true/false". I must enter for "true" "111" ???Thank you.


eg one condition could be: 1+0+0 = Entry+OpenCandle+Notusedforexit. Its same as Trix and Cloud histos.

I have a couple of questions about the new functions:

1. What values does IndicatorsExitPriority and LevelsExitPriority take? How is priority defined? Is it 0= Not used , 1= Level1 etc?

2. How is PriceTouchPsychLevel defined? Is it 0=not used, 1= Level1?

3. Does PreviousCandleSameDirection has to be false if we are using FreshSignal on open candles?

4. I am not sure if its asked before..I see two values in order settings for TP, SL and TS one is user defined and other calculated based on ATR. I am confused as to which takes priority/over-rides other? Does ATR takes over when its value is more than user defined? or is it first come first serve basis?

Cheers
Kaz
  • #1,090
  • Jun 27, 2009 3:45am Jun 27, 2009 3:45am
Please give Karun some time to answer, I'm not 100% firm neither yet and don't wanna give a false info.

here the performance of one week simulator trading in 1M with V0.7, still running.

Quoting kaizasoze



eg one condition could be: 1+0+0 = Entry+OpenCandle+Notusedforexit. Its same as Trix and Cloud histos.

I have a couple of questions about the new functions:

1. What values does IndicatorsExitPriority and LevelsExitPriority take? How is priority defined? Is it 0= Not used , 1= Level1 etc?

2. How is PriceTouchPsychLevel defined? Is it 0=not used, 1= Level1?...
Attached Image (click to enlarge)
Click to Enlarge Name: 1M V0.7 1week.gif Size: 46 KB
  • #1,091
  • Edited 6:38am Jun 27, 2009 6:21am | Edited 6:38am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Folks,

I would like to pitch in and suggest few things:

Why can't we ask experienced users of the system to provide a baseline, what timeframe they have used, what signals they used to enter exit which has convinced them to turn this system into an EA?

We seems to have lost the plot and cannot see the crux of the issue here.

If the (THV)system EA is based on works (which I have no doubt about), what are we trying to achieve here? If people are making consistent pips of this system from a while "their input in invaluable" and that should be incorporated into the EA first.

If their strategy is giving them consistent profits why can't EA do that, and if not, we should be focusing on EA to do exactly what is required then should be following to enhance the functionality.

Think of me as devil's advocate and take this as a positive suggestion in the right direction.

thanks
ams
  • #1,092
  • Jun 27, 2009 9:11am Jun 27, 2009 9:11am
Quoting ams
Folks,

I would like to pitch in and suggest few things:

Why can't we ask experienced users of the system to provide a baseline, what timeframe they have used, what signals they used to enter exit which has convinced them to turn this system into an EA?

We seems to have lost the plot and cannot see the crux of the issue here.

If the (THV)system EA is based on works (which I have no doubt about), what are we trying to achieve here? If people are making consistent pips of this system from a while "their input in invaluable" and that should...
Hi AMS.

I absolutely agree with your suggestion and thought. And want to only apply one thing more. This is about "locked/unlocked" EA. Please do not get me wrong. One thing that i cannot understand is - "This does not work in live accounts (that is intentional, we do not want any body to ruin thier live accounts with untested settings. We will unlock it once it is proved to be profitable)". Does we will have an "HOLY GRAIL" when it will be unlocked to work in live accounts, mean it will make profits every time ? If not what is purpose of locked version ?There are 1000's that blow their account day by day and it's all their problem and only their risk. Otherwise i cannot understand why people are posting "trading systems" ? I really do not get the mean of locked EA.
  • #1,093
  • Jun 27, 2009 11:04am Jun 27, 2009 11:04am
Hi,

Please put a set file in .7th version the same as .6th version.

Thanks.
We are here to help each other... We Learn Forex Together!
  • #1,094
  • Jun 27, 2009 11:17am Jun 27, 2009 11:17am
I think karun will soon post a new manual in #1 - then we can use the 07 in the right manner and create new set files for this new EA version.
  • #1,095
  • Jun 27, 2009 12:23pm Jun 27, 2009 12:23pm
We lock it to protect newbees account and I thought it's a good idea to do so.

If the majory want to work it live I'll talk with xux to unlock it, but:

I don't wanna hear someone crying 'cause Mr. Margin was calling.

I have it run on live but ONLY when I'm in front of the screens as I don't have a set yet with which I could sleep well while the bot is trading.

Let me see if I can post later an 5M example of Version0.7, I'm still backtesting these.

Quoting Wlfx
I really do not get the mean of locked EA.
  • #1,096
  • Jun 27, 2009 2:06pm Jun 27, 2009 2:06pm
Quoting cobraforex
We lock it to protect newbees account and I thought it's a good idea to do so.

If the majory want to work it live I'll talk with xux to unlock it, but:

I don't wanna hear someone crying 'cause Mr. Margin was calling.

I have it run on live but ONLY when I'm in front of the screens as I don't have a set yet with which I could sleep well while the bot is trading.

Let me see if I can post later an 5M example of Version0.7, I'm still backtesting these.
We lock it to protect newbees account and I thought it's a good idea to do so - What account do you call "newbie account" ? - I really do not think that a man/woman that have very poor forex skills, imediately jumping into EA thread and attaching it into his/her live account. People doing this are neighter newbies neigther experts...just idiots...Sorry but you answered same as it is clearly stated at #1 post.

If the majory want to work it live I'll talk with xux to unlock it - How about only me or people who wants to trade live with EA?Why majority ?

I don't wanna hear someone crying 'cause Mr. Margin was calling - Do you guarantee that after unlocking EA no one will have a margin call ?If yes how ? - Just a very little thought: Instead of Locking EA to "protect newbies" you can just have a post at page#1 kinda - "If you are an idiot try this EA with default settings at your live account without any backtesting and demo trading". I think this is enough to protect it from idiots of category #1.

Dear Cobra...Please correct me where i am wrong ?
  • #1,097
  • Jun 27, 2009 2:17pm Jun 27, 2009 2:17pm
Quoting cobraforex
We lock it to protect newbees account and I thought it's a good idea to do so.

If the majory want to work it live I'll talk with xux to unlock it, but:

I don't wanna hear someone crying 'cause Mr. Margin was calling.

I have it run on live but ONLY when I'm in front of the screens as I don't have a set yet with which I could sleep well while the bot is trading.

Let me see if I can post later an 5M example of Version0.7, I'm still backtesting these.
I am against live version just as yet Cobra and Team simply coz TILL date we don't have EVEN ONE set file which we can trade by itself be it ANY PAIR/ANY TF. Those who advocate live EA. I'll just simply ask for evidence of profitable trading for at least 8 weeks on demo and give me a set file I can feel comfortable with on demo..forget about live. Is there one?

How many people are acutually testing it anyhow?

To me these are just impatient newbies who want to get rich quick. As the creater himself admits he does not have a set file he can hand over to EA and sleep well with..what more people want? He probably knows more about THV than any of us here. I am testing it untill it gives me at least 3 months of consecutive profits before putting any dime on it. But thats just me..
Sometimes the rant comes out seeing these posts..
Kaz
  • #1,098
  • Edited 2:50pm Jun 27, 2009 2:29pm | Edited 2:50pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hi Wlfx,


The reason for me to pitch in and make a suggestion is, so much of hardwork from lot of people have gone into this and it has to work somehow. Just needs to alter it's course though.

From my experience I can see that we have built a building on a week foundation. Since we cannot do anything about it now we should focus on making the foundation strong.

By profession I am an IT project manager for an investment bank in london and whenever I start working on a project, first the requirment is generated by the development/IT teams and business evaluates ROI for the change request. If its viable, it gets a go ahead else it drops.

Since we have clearly passed that stage, I can only suggest to find experienced users first who could atleast give us settings which does "atleast 50 percent trades in the right direction" honoured by the EA.
If that is achived, voila! we are on the right track. Otherwise we are missing something (50-50 will atleast make sure you don't loose you account). If we do not have settings that generate 50 percent from the begining, we will never be able to make this EA profitable. I believe THV system works and makes atleast 50 percent right call else why would it become popular.

Again, I would like to highlight this as a suggestion. I cannot comment on unlocking the EA as it's proprietary to cobraforex and team.
Infact one of my concern is if the EA makes 60-70 percent right calls it will boom the market :-)

There is no holy grail and there never will be. Market always alter it's course path and that's why they have been rich from years and they always will be :-)

Banks never loose money in trading unless they have really ameture traders forgot to put a stop loss etc.
Think of employees who have worked in different shops they know their secrets and let other shops take benefit of it when they start working there.

Banks only lost money in mortgages, lending and complex calculations like credit swaps, defaults etc.

Trading is a game they play with each other!
Don't forget they live on each other (animal spirit) :-)


I like to see this EA working.





thanks
ams


Quoting Wlfx
Hi AMS.

I absolutely agree with your suggestion and thought. And want to only apply one thing more. This is about "locked/unlocked" EA. Please do not get me wrong. One thing that i cannot understand is - "This does not work in live accounts (that is intentional, we do not want any body to ruin thier live accounts with untested settings. We will unlock it once it is proved to be profitable)". Does we will have an "HOLY GRAIL" when it will be unlocked to work in live accounts, mean it will make profits every time ? If not what is purpose...
  • #1,099
  • Jun 27, 2009 2:29pm Jun 27, 2009 2:29pm
Quoting kaizasoze
I am against live version just as yet Cobra and Team simply coz TILL date we don't have EVEN ONE set file which we can trade by itself be it ANY PAIR/ANY TF. Those who advocate live EA. I'll just simply ask for evidence of profitable trading for at least 8 weeks on demo and give me a set file I can feel comfortable with on demo..forget about live. Is there one?

How many people are acutually testing it anyhow?

To me these are just impatient newbies who want to get rich quick. As the creater himself admits he does not have a set file...
Hi kaizasoze. Just a question to you....Do you ever manually trade THV ?If yes "classic/basic" or MTF version(MissPips) ? If your answer is yes, i am sure you must trade though....ANALYZE higher TF's, draw TL's, Fibs, S/R lines etc etc, then tune your entry at smaller TF with THV "template"....All THV Team will reply to this that this procedure is required to be profitable with THV. Now question...Does this EA do this job for you...? What are you trying to find here ? Do you not have enough patience to demo trade it with unlocked version instead of calling "these are just impatient newbies who want to get rich quick" ? Why you are just not trying every seen EA ?
  • #1,100
  • Jun 27, 2009 2:47pm Jun 27, 2009 2:47pm
Quoting ams
Hi Wlfx,


The reason for me to pitch in and make a suggestion is, so much of hardwork from lot of people have gone into this and it has to work somehow. Just needs to alter it's course though.

From my experience I can see that we have built a building on a week foundation. Since we cannot do anything about it now we should focus on making the foundation strong.

By profession I am an IT project manager for an investment bank in london and whenever I start working on a project, first the requirment is generated by the development/IT teams and...
AMS, IMO...

Trying to find profitable entries based on huge parametres of this EA. But i do not see how this is related to automate your manual THV trades. As i mentioned a post above EA cannot do any kind of ANALYSE job...well this is just for now. I want to mention that when i started to trade THV and start posting my failing trades, i every time get an answer from THV team members that is about to blow my account if i do not do any kind of analyze(i hate analyzing) and going with every setup. I think this is why we do not have basline file, but the main rules are same as in manual. But here is question, why team developed an EA if it is impossible to become profitable without any kind of "analyze".
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