THV MTF EA beta testing | Page 64 | Forex Factory

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

  • #1,261
  • Jul 7, 2009 6:31pm Jul 7, 2009 6:31pm
Quoting letizia
This chart on 1min eu from fxsol looks very strange.Usually the 7bar indicator is pretty accurate.In this picture you see almost all the bars are red.Yet the last bar is green also the bar next to the one I have marked is lower but green yet the bar higher is red?
I did check to make sure the color I set for up bar was green and down bar was red?
Attachment
What is that indicator in the upper right corner of your chart? Not part of the THV system as far as I know. Curious minds want to know.

And what is a "7bar indicator"? Searching on this term in this tread does not bring up any reference to it.
The Flying Dutchman
  • #1,262
  • Jul 7, 2009 8:13pm Jul 7, 2009 8:13pm
Quoting cobraforex
Don't shoot that fast, lol.

One bad trade can kill the half of the gains and it's the result of only one trading session.

Hi Cobra, that's what she said.... Hold those pips longer!!!!
Wow, the EUR and GBP tanked today like a cement ice cream...

THV is the best I have caught most of the tanking since 1.4024 on the EUR/$ and 1.6262 on the GBP/$, I could not have done this without the THV trading system and the awesome THV team effort... The THV inds are the best I have ever used...

TradeHound
  • #1,263
  • Jul 7, 2009 8:45pm Jul 7, 2009 8:45pm
Quoting flyingnutjob
What is that indicator in the upper right corner of your chart? Not part of the THV system as far as I know. Curious minds want to know.

And what is a "7bar indicator"? Searching on this term in this tread does not bring up any reference to it.
It is called #Signal_Bars_V8D and it is an indicator that helps in trying to determine the market condition of a pair.The indicator is on another forum but what it does is.To quote the person who developed it."This is a small program that i find useful to give me a quick reference as to the current condition of the market, the M1 & M5 give you the short term info as to reversals or retracements, the M15 & m30 give the medium condition, and the H1 & H4 give the daily trend condition. If the H1 & H4 are the same color the trading range is generally large if different the range is generally smaller and the trading tends to be choppy. "
I would think the trixhisto Bar does the same?
  • #1,264
  • Jul 7, 2009 11:06pm Jul 7, 2009 11:06pm
Cobra:
This is my first post to this or any of the THV forums.
I am a relatively new trader, (Going on 3 Yrs). First of all I want to say thank you for the incredible insight into what I believe to be an indisciferable mess that is the forex market.

The amount of forward warning that the system allows is simply limited by patience and a bit of common sense.

I have spent my fair share of time and money on systems and education, and though at the beginning I thought the development of an EA based on THV was a huge mistake, now that we are on v0.7 I can see it starting to develop into an incredible tool.

The entry points at which the EA comes into the market especially on your 30 EURv7 settings with a little adjustment is simply the best I have seen.

I wish I had more time to really delve into testing and contribution to the system but since I still cannot count forex as my way to make a living I must work a 9 to 5.

Again I want to say Thank You and Keep up the good work.

I will leave you with a little snapshot of what my activity looks like for v7
Attached Image (click to enlarge)
Click to Enlarge Name: july_statement.jpg Size: 237 KB
  • #1,265
  • Jul 7, 2009 11:32pm Jul 7, 2009 11:32pm
Thanks for the kind words and congrats for your results.

Are all those trades made only with 30M TF?


Quoting azrico
Cobra:
This is my first post to this or any of the THV forums.


I will leave you with a little snapshot of what my activity looks like for v7
  • #1,266
  • Jul 7, 2009 11:35pm Jul 7, 2009 11:35pm
Quoting azrico
Cobra:
This is my first post to this or any of the THV forums.
I am a relatively new trader, (Going on 3 Yrs). First of all I want to say thank you for the incredible insight into what I believe to be an indisciferable mess that is the forex market.

The amount of forward warning that the system allows is simply limited by patience and a bit of common sense.

I have spent my fair share of time and money on systems and education, and though at the beginning I thought the development of an EA based on THV was a huge mistake, now that we are on v0.7...
My friend,
Please take a bit more time to examine your trades that you posted. They are all Sells for EURUSD..the EURUSD has been falling heavily in the last few days, aka. trending down. This is simply the reason. I would keep an eye out for when the market starts going sideways and see what the result is then.
Ultimately, I would wait for 2-3 months of demo live trading before even smiling yet.. lots of things to consider before getting excited yet!
If it backtests good run it live!
  • #1,267
  • Jul 8, 2009 5:08am Jul 8, 2009 5:08am
Quoting cobraforex
The secret of this sets is that we use high TF's (I use 4H now) Trix to filter.

What I want to discuss with xux is to avoid to take a 1M trade when 4H (or higher) trix is in OB/OS zone.

That woud help not to catch a trade in the end of a trend and lose what we did before.

With other words an additional OB/OS parameter.
That's a cool idea Cobra..perhaps this additional OB/OS parameter can be used to avoid late entries on other timeframes as well?

Kaz
  • #1,268
  • Jul 8, 2009 6:45am Jul 8, 2009 6:45am
@Cobra

Quoting cobraforex
Thanks for the kind words and congrats for your results.

Are all those trades made only with 30M TF?
They are, which is a bit surprising to me as I am completely unfamiliar with the 30 m time frame. I concentrate on the 1 hr and 4hr. I am liking it so far though.



Quoting fxspeedster
My friend,
Please take a bit more time to examine your trades that you posted. They are all Sells for EURUSD..the EURUSD has been falling heavily in the last few days, aka. trending down. This is simply the reason. I would keep an eye out for when the market starts going sideways and see what the result is then.
Ultimately, I would wait for 2-3 months of demo live trading before even smiling yet.. lots of things to consider before getting excited yet!
@fxspeedster

I am aware of this, but if you delve deeper you will realize these are only 6 trades due to the nature of the way the ea manages its positions.
This is simply a snapshot of what this test acct has done in July.
I was pretty impressed as I have used other EA's that are heavily trend Driven and have not had seen the control on entry and management that this EA is starting to exhibit.
I have also been using the THV framework of trading for the past 6 mos and though I have made very good trades with it on both the short and the long side, that to me has not been the real advantage.
The real advantage from this trading style comes from identifying great exit points, it has cut down on the amount of pips I sacrifice in the name of greed.
The EA is starting to exhibit pretty decent exit points, which was not the case in previous iterations (at least on my end).
Thx for the observation though.
  • #1,269
  • Jul 8, 2009 6:57am Jul 8, 2009 6:57am
Quoting azrico
@Cobra



They are, which is a bit surprising to me as I am completely unfamiliar with the 30 m time frame. I concentrate on the 1 hr and 4hr. I am liking it so far though.





@fxspeedster

I am aware of this, but if you delve deeper you will realize these are only 6 trades due to the nature of the way the ea manages its positions.
This is simply a snapshot of what this test acct has done in July.
I was pretty impressed as I have used other EA's that are heavily trend Driven and have not had seen the control on entry and management that this...
Tiempo will tell
If it backtests good run it live!
  • #1,270
  • Jul 8, 2009 8:34am Jul 8, 2009 8:34am
Has anyone able to close a few profitable trades using patterns so far? I have enabled pinbar, doubletopbottom and harmonics on M30 with previousbars =5. No trades so far. Lets c how it goes!
Kaz
  • #1,271
  • Jul 8, 2009 9:10am Jul 8, 2009 9:10am
Do you need to do anything special with the setting for a 5 decimal broker.
  • #1,272
  • Jul 8, 2009 9:42am Jul 8, 2009 9:42am
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've got the newest version THV EA v0.7. I'd like to know the settings for the EA - most of the settings have 000 as a setting, and it is not working. I have all the indicators up and working. I'm really anxious about getting things rolling. Please help!
  • #1,273
  • Jul 8, 2009 9:48am Jul 8, 2009 9:48am
Hello,

Just a question have you read all the posts in this thread because if you did you would see there are a few posts made where set files were posted. I suggest you go back and read the entire thread as the answer to your question has already been posted.

Regards,
Jeff

Quoting FredMorgan
I've got the newest version THV EA v0.7. I'd like to know the settings for the EA - most of the settings have 000 as a setting, and it is not working. I have all the indicators up and working. I'm really anxious about getting things rolling. Please help!
  • #1,274
  • Jul 8, 2009 10:00am Jul 8, 2009 10:00am
Reading most of this Thread, but never wrote here, so its my first post.

Hello to everybody ;-)

i am wondering a long time why you don't take an RSI in you EA!
in Manual THV Trading i made many great trades, using the THV RSI_v2!
I think its an normal RSI with an "glow" funktion added when the
OB/OS Level is reached and in almost every case this indicator was right

Why is it not used by the EA? ets an almost "perfect" exit indicator
or an indicator which keeps you away from entry at an OB/OS level
when it glows!

Think it would complete the EA funktions.

Greatings, Remaster

Quoting cobraforex
The secret of this sets is that we use high TF's (I use 4H now) Trix to filter.

What I want to discuss with xux is to avoid to take a 1M trade when 4H (or higher) trix is in OB/OS zone.

That woud help not to catch a trade in the end of a trend and lose what we did before.

With other words an additional OB/OS parameter.
  • #1,275
  • Jul 8, 2009 10:09am Jul 8, 2009 10:09am
The first version had RSI but we found out that the Trix OB/OS is the better solution.

Quoting Remaster
i am wondering a long time why you don't take an RSI in you EA!
Greatings, Remaster
  • #1,276
  • Jul 8, 2009 10:14am Jul 8, 2009 10:14am
Hi All,

Back online after some time away - looks like all is bubbling along well.

A number of people are making reference to the Cobra v0.7 EUR M30 set.

Can anyone point in the direction of this set file.

Many thanks,

Nick
  • #1,277
  • Jul 8, 2009 10:49am Jul 8, 2009 10:49am
When I close my MT4 and start it again, it's closing my trades on the restart. Anyone else having this issue? I tried it on two machines and it's the same results...
  • #1,278
  • Jul 8, 2009 11:07am Jul 8, 2009 11:07am
Hi Nick, good to see you.

Folks, Nick is one of the very first members of the THV EA Team.
Here in FF it's the first post but he's NOT a newbee and please treat him with respect as he's a helping hand always.

Nick, after you get actualizated, do you mind to take this thread over until Karun is settled again in India?

The set files are posted in .doc or .zip, FF don't allow to post .set files.



Quoting getdown71
Hi All,

Back online after some time away - looks like all is bubbling along well.

A number of people are making reference to the Cobra v0.7 EUR M30 set.

Can anyone point in the direction of this set file.

Many thanks,

Nick
  • #1,279
  • Jul 8, 2009 11:10am Jul 8, 2009 11:10am
There is an issue with that, xux already mentioned that he will correct that in a next version.

He's actually in vacation and will be back at 18.07.09 so please be with patience.


Quoting cyberevil
When I close my MT4 and start it again, it's closing my trades on the restart. Anyone else having this issue? I tried it on two machines and it's the same results...
  • #1,280
  • Jul 8, 2009 11:11am Jul 8, 2009 11:11am
See post #1121. Rename take off the .doc. and Viola!


Quoting cobraforex
Hi Nick, good to see you.

Folks, Nick is one of the very first members of the THV EA Team.
Here in FF it's the first post but he's NOT a newbee and please treat him with respect as he's a helping hand always.

Nick, after you get actualizated, do you mind to take this thread over until Karun is settled again in India?

The set files are posted in .doc or .zip, FF don't allow to post .set files.
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