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THV MTF EA beta testing

  • #1,181
  • Jul 1, 2009 7:57am Jul 1, 2009 7:57am
Quoting azjeff
Hello fxspeedster,

Can you start with the attached set files from azbofin and flyingnutjob?
Those set files are the ones that have the best results so far. It would be greatly appreciated.

Regards,
Jeff



[/quote]

I'll see what we can do. Takes a while to run backtests but very much worthwhile. I recommend that in addition to forward testing, which one day (one week, one month even) may be good and misleading.. we should run as many backtests with different options enabled to find the most profitable settings. Then the demo forward testing will have more significance. Some of you will say.. "it takes too long".. "MT4 backtests are not reliable" .. "You can't test a complex EA like this, only forward trading" etc. These excuses are fine but will not answer your question as to what .set is good to use. MT4 backtest is reliable enough especially if you run in Visual Mode.
If it backtests good run it live!
  • #1,182
  • Jul 1, 2009 9:54am Jul 1, 2009 9:54am
Hi guys,
what am I doing wrong? I downloaded the v7, set it as usual but in last 24 hours the EA dind not take any trade? (I trade EU, GU)
Does the new version need any special manual setting?

Cheers.

Cesta
  • #1,183
  • Jul 1, 2009 10:38am Jul 1, 2009 10:38am
Quoting Cesta
Hi guys,
what am I doing wrong? I downloaded the v7, set it as usual but in last 24 hours the EA dind not take any trade? (I trade EU, GU)
Does the new version need any special manual setting?

Cheers.

Cesta
I have not got any trades on the 1 min usd/chf, or 5 min either, been trying all different combinations of settings, nothing yet! v06 was running
  • #1,184
  • Edited 11:37am Jul 1, 2009 11:11am | Edited 11:37am
Try this one, it takes a lot af trades if the daily trend is clear, no news and timefilter set yet.

Only backtested one day

Play a little with the TP and SL settings.

ADD: sorry ment weekly trend, if you want more action change ePeriod4=10080 to 1440 (daily)



Quoting bwk9087
I have not got any trades on the 1 min usd/chf, or 5 min either, been trying all different combinations of settings, nothing yet! v06 was running
Attached Image (click to enlarge)
Click to Enlarge Name: 1meu85.gif Size: 8 KB
Attached File(s)
File Type: doc 1mv7euff.set.doc   12 KB | 525 downloads
  • #1,185
  • Jul 1, 2009 11:44am Jul 1, 2009 11:44am
Cesta, the best way to find out if the settings are OK for you is to backtest them.

In case you don't know how, you can search here in FF, there are a lot of threads about that theme.

Quoting Cesta
Hi guys,
what am I doing wrong? I downloaded the v7, set it as usual but in last 24 hours the EA dind not take any trade? (I trade EU, GU)
Does the new version need any special manual setting?

Cheers.

Cesta
  • #1,186
  • Jul 1, 2009 11:58am Jul 1, 2009 11:58am
I think I have recovered from the spinning head or at least enough to post my v.7 sets.

Cobra thanks for your set file, boy you have a lot more knobs to turn!!

Here are my sets that i am using this week. I took Colbra's, Flyingnutjob's and my v6 and integrated the settings. So far I am about even for the week.

Take a look. There has only been about 165 pip movement so I think the pair is a bit sideways.

I still need to back test but my 8-5 got in the way.
Attached File(s)
File Type: zip EU sets.zip   3 KB | 475 downloads
  • #1,187
  • Jul 1, 2009 12:09pm Jul 1, 2009 12:09pm
@cesta
@bwk9087

and ALL others here without ANY trade !

Go back to post #997 (fxspeedster) - you can find there the answer ! I had the same problem in the past - but after erasing the file "mqlcache.dat" it works now every time !
  • #1,188
  • Jul 1, 2009 12:35pm Jul 1, 2009 12:35pm
Quoting Mandl2007
@cesta
@bwk9087

and ALL others here without ANY trade !

Go back to post #997 (fxspeedster) - you can find there the answer ! I had the same problem in the past - but after erasing the file "mqlcache.dat" it works now every time !
ok, much better now! thanks back to testing.
  • #1,189
  • Edited 3:20pm Jul 1, 2009 2:56pm | Edited 3:20pm
Hello THV team,
I have been following all the threads from the beginning to the new THV EA v0.7 and after reading all 700+ pages of posts I truly am amazed and happy to see such generosity, team effort and selflessness from everyone involved in the THV EA project. I give you all a much-deserved standing ovation,

I am also testing out the THV EA and was making progress after reading the user guide and the MTF rules guide with v0.6 in the learning curve of what makes up the THV EA and excited to see changes made to v0.7 that will enhance the EA features. Following and learning what indicators do what I am again happily surprised at how accurate these THV indicators are at nailing one positive trade after the other just by following them. I have been using them on the 1m and 5m charts then using a 15m and 1H chart to give me an accurate view to avoid head fakes on the lower time charts.

Thank you xux99, Cobraforex, mispips, TradeWell, Karun and all the testers and contributors to the THV team threads. You all ROCK!!!!

Thank you again…

TradeHound
  • #1,190
  • Jul 1, 2009 7:58pm Jul 1, 2009 7:58pm
Hi,
I am running a backtest of latest version 07 based on Cobraforex posted preset file and while its still running I wanted to make some comments from the preliminary observations seen while running the backtest.
In my comments, please realize that I am on your side. I like the EA and the amount of work that went and is ongoing is tremendous. Just as you - I want this EA to be profitable. Having said that I will start.
I see that the EA start to be somewhat profitable then is hits a >66% draw. The reason is that it does great in a trending market and as long as trending market conditions last, it will continue to do good. However, when the sideways market comes, it loses all and more. Personally, unless it has some sort of sideways market filter like the Damiani_volt to keep it out of the choppy market condition - no matter what settings are turned on it will continue on this course. I'll post the full backtest shortly when it is finished and hopefully the developers can do some forensics on it to recommend the next step to take. Til then sharpen your pencils!
If it backtests good run it live!
  • #1,191
  • Jul 1, 2009 8:35pm Jul 1, 2009 8:35pm
Thanks for your observations.

Here it comes to a big point of EA trading. All Ea's work well under certain market conditions, when that condition changes the EA will have a losing strike.

When you filter a lot you will have very few trades and only one neg. trade can distroy your good previous performance.

The big question is: How to tell the bot in which condition we are???


Quoting fxspeedster
Hi,
I am running a backtest of latest version 07 based on Cobraforex posted preset file and while its still running I wanted to make some comments from the preliminary observations seen while running the backtest.
In my comments, please realize that I am on your side....
  • #1,192
  • Jul 1, 2009 10:00pm Jul 1, 2009 10:00pm
Quoting cobraforex

The big question is: How to tell the bot in which condition we are???
We human don't even know the answer to the question. How can we tell the bot ?

We can only tell when it's already over and the market is ready to start a new condition which we have no accurate clue.
  • #1,193
  • Jul 1, 2009 10:07pm Jul 1, 2009 10:07pm
Hi Fellow THV testers, here is a detailed report on my THV trades since I started (late) testing. I will also post my sets. From my perspective this is going really well and since I made a couple of changes to my sets I have noticed that the frequency of trading has slowed a bit which is not a bad thing as you will see that prior to 20-21 June I was having up to 50 trades a day initiating and while winning is great when I had to manually close out the 5 trades on the 21 June for a loss of over $2000 you will agree that a few less trades is not a problem. Overall I am stunned at the success this EA is providing and I look forward to seeing the next months results. I am away for the next 3 months and will only have sporadic internet access, am on a world cruise, see forex trading can be profitable, and while I will trade am not going to have net access on board so will only place live trades when at a stop over and because the EA must be on 24/7 to trade wont have this working. For the record I trade on the 1 hour timeframe and have 12 pairs set all the same. In my earlier posts I listed the pairs. Thanks to the developers who have made this EA the fun it is and the testers who are proving it and finding the bugs and sets that make a difference. Cheers and good trading L Sweeney.

PS Sadly I was unable to post the full detailed statement as it is a format that is not accepted so have posted a picture of the overall performance which should allow one to see how it is performing.
I am not a computer wizz so if anyone wants to see the ful statement as produced by MT4 for history then let me know what to do to convert it to a format that this site can accept. It is a .HTM file as standard.
Attached Image (click to enlarge)
Click to Enlarge Name: thv statemen1t.jpg Size: 159 KB
Attached File(s)
File Type: doc THV sets.doc   32 KB | 542 downloads
  • #1,194
  • Jul 1, 2009 10:14pm Jul 1, 2009 10:14pm
Thanks for the report and set files Sweeney and ahoi for your trip.

Hope to see you back after this great, relaxing time.

Quoting lsweeney
Hi Fellow THV testers, here is a detailed report on my THV trades since I started (late) testing.
  • #1,195
  • Jul 1, 2009 10:33pm Jul 1, 2009 10:33pm
my set files for EU on V06 were trading pretty good with FXCM. Today, the thing wouldn't work. I emailed them and got this email back. Thing is, they didn't email me to tell me they were doing it. Bastards. I guess I won't kill MBTraders just yet, and that leaves me with Interbank for the V07 files. Still not trading much or well with that.

Dutch,

Thank you for your interest in FXCM. Per recent NFA regulation changes, MT4 will no longer be available for FXCM US. However MT4 is available for those wishing to open an account with our UK office. You can find more information at the link listed below.

http://www.fxcm.co.uk/metatrader.jsp


Regards,

Mike Gilroy
FXCM
Tel: (415) 343-4888
Fax: (212) 897-7662
Email: [email protected]
Hours: 12:00 PM - 9:00 PM
The Flying Dutchman
  • #1,196
  • Jul 2, 2009 12:16am Jul 2, 2009 12:16am
Sorry it is a little late, but I wanted to thank Xux99 for the new release.Just got a chance to download the new release.
Hope all have a nice day!
Vince
  • #1,197
  • Jul 2, 2009 8:27am Jul 2, 2009 8:27am
Quoting fxspeedster
Hi,
I am running a backtest of latest version 07 based on Cobraforex posted preset file and while its still running I wanted to make some comments from the preliminary observations seen while running the backtest.
In my comments, please realize that I am on your side. I like the EA and the amount of work that went and is ongoing is tremendous. Just as you - I want this EA to be profitable. Having said that I will start.
I see that the EA start to be somewhat profitable then is hits a >66% draw. The reason is that it does great in a trending market...
Some questions for all.....

At what TF does a trending or ranging market makes a difference? Smaller TF or Higher TF? How would you define those TFs?
  • #1,198
  • Jul 2, 2009 11:04am Jul 2, 2009 11:04am
Quoting karun
Some questions for all.....

At what TF does a trending or ranging market makes a difference? Smaller TF or Higher TF? How would you define those TFs?
Hello Kaurn and hope that your move has been a smooth one.Here is a link to something that might help to answer the question.What he is saying I think is that he uses the adx to find the condition of the market with two main conditions.Says an adx of 20 is useful as a reference level stating that the market is not trending unless the rising 18-day adx is above 20.I wasn't sure if I could just cut and paste the information due to any copyright issues? The page the information is on is page 66, but the whole article is good reading.
http://books.google.com/books?id=Qfr...esult&resnum=5
  • #1,199
  • Jul 2, 2009 11:38am Jul 2, 2009 11:38am
Quoting karun
Some questions for all.....

At what TF does a trending or ranging market makes a difference? Smaller TF or Higher TF? How would you define those TFs?
Good to see you around Karun. Hope all is well.

I also have a trader friend (not on FF) who uses a rising value of ADX > 20 as a trending signal. I don't use ADX so I'm not sure how consistent it is.

One thing I've noticed in this ranging market: the longer TF like 4H has not been good for trades for me while the H1 has been very good. I know that comes after the fact the the range has already happened, but if there was a way we could "read" those differences as they begin to happen, perhaps that could be a clue.
  • #1,200
  • Jul 2, 2009 11:56am Jul 2, 2009 11:56am
Not sure what is going on here, but I am having a problem with the new version of the ea and fxsolutions.I did not test the new version on ibfx to see if I might be having a computer issue but will test there if need be.
I did reinstall version 6 and the two new indicators of version 7.I am using the 1min setfile that Cobraforex posted.What is happening is the following.A trade is opened by the ea.I let the trade run for a few seconds, and while it is still open I close the mt4 platform.I wait a few seconds and bring the platform back online.After about 30 seconds the trade is closed for no reason I can see.Looking in the journal does not show any reason for it to close?
Here are the screenshots of open and closed trade.
Attached Image (click to enlarge)
Click to Enlarge Name: M1EURUSD110199Open.gif Size: 24 KB

Attached Image (click to enlarge)
Click to Enlarge Name: M1EURUSD110199Close.gif Size: 24 KB
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