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THV MTF EA beta testing

  • #1,441
  • Jul 23, 2009 6:24pm Jul 23, 2009 6:24pm
@WackyRacer

I'm testing the 15 M "Kaizasoze" set file too.

What special 15 M set file do you use ? Possible files are: 1. without any S/L or 2. with StopLossAtrMultiplier 1.5.

Or do you use even a fixed S/L - possible is a S/L 100 for instance - or may be 25-35 pips ?

Do you use iMaxCross "100" or the better "200" ?
  • #1,442
  • Jul 23, 2009 6:24pm Jul 23, 2009 6:24pm
Once we find a good setup which is profitable for longer term we will release the final version.

We are not interested to sell anything, it will be for free (I'm sure xux agrees with that).

Quoting shortybugi
Cobraforex,
you said in the first page that



so, cant we still use it on a live account?
i want to trade it on live, so when will u gonna make it work?

and, will u still keep update the EA over and over? or that u goin to release an official version?

and are u goin to release it for free or sell it?

when will you release the final version already?
  • #1,443
  • Jul 23, 2009 9:11pm Jul 23, 2009 9:11pm
Quoting WackyRacer
Hi Kaz,

Have downloaded it but not tested it yet - will do so in the next week.
However very impressed with your m15ucd.set. Over the long term its the best I've seen.

Demo account running 3 pairs 15min GBPUSd / EURUSD / EURJPN

Started 24/6/09 - Present :

Wins 93 ( 80%) Losses 23 (20%) Netprofit 2643 ( 0.5 lots )
Absolute drawdown 208.

B Rgds

WR
Thanks for Update WR. For a while everyone disappeared and I was wondering what happened?
May I suggest a few things while you are fwd testing.
1. Categorize the pairs. USD based in 1 group, Yen based in 2nd and so forth..as their behaviors are different, observing which we can make changes to the set files for respective groups. Something which I am working on at present.
2. Try focusing on majors and major crosses to start with. I don't think this set file is for all the pairs that exist. Eg it will fail so hard on GJ or pairs which are extreme or breakout type (eg EG).
3. Do not add tweaks every week and start chasing losers. This set file is in its present form just coz of them. The day we keep em under 10% or less I think we would achieve our objective.

This is a very tiring job and requires a ton of patience. I'd appreciate some more people put their hand up and discuss their testing results/thoughts on improvement of set files.

Cheers
Kaz
  • #1,444
  • Jul 23, 2009 9:50pm Jul 23, 2009 9:50pm
Quoting xux99
The trailing stop is handled by the EA and is not affected by brokers restrictions. It can even be one pip.
Sweet..this will help in 5 min TF for sure as we start chasing the winner early.

After spending much time testing various TF so far, the following are the challenges I am still facing. It applies to all TF.

1. Historical OB/OS levels. This is the biggest hurdle I think. 1 out of 3 negative trades are because of this. Trades are knocked of pretty hard around these areas and hit SL very quick.

2. Low Volume Periods. Something that can tell EA to stay out when there is not a lot going on. Picking up odd trades in such periods.

3. News periods. I am still not able to get my head around them. Which pairs and for how long before or after. Even 5 min makes a lot of difference.

4. Optimize Patterns. They are very powerful but unfortunately I am still not able to integrate them into EA trading. Work in progress..

5. Optimize Martingale. I personally feel it can be used as a great tool to recover from past loss(es). I'll be working on it from next week onwards.

6. Optimize Winner. I still leave a lot on table once I catch a winner. Work on order settings a bit more to bag more pips.

I do sincerely hope if I can address these, that should significantly bring down losses while improving the quality of winners.

Any thoughts/comments are welcome

Cheers
Kaz
  • #1,445
  • Jul 24, 2009 3:05am Jul 24, 2009 3:05am
APOLOGIES to ALL if this has been answered hundreds of times already or is blindingly obvious to all.

HOWEVER

I have just downloaded the THV EA, added it to £/$ and eur/jpy left it running overnight (on 1 min charts) and not 1 trade!!!

I must be doing something wrong, because looking at the THV system manually there should have been quite a few!!! (or am I totally wrong on this one?)

I tried backtesting it (I downloaded V0.7) and to be fair I am not entirely 100% on the old backtesting mechanism in MT4m, so I have left everything at default and pressed start and STILL no trades!!

There is clearly something blindingly obvious that I have missed / failed to do.

For information (I am not sure if it is relevant) I have downloaded V3 THV system (which I have been using quite successfully in a manual capacity), which was why I tried to download the ea and demo that for a couple of months.

Once again apologies if this has already been answered, but in tems of the ea I am a newbie - so if someone could take pity on me and tell me where I am clearly going wrong - or alternatively point me in the direction of where the info I need is - cannot sift through 1000s of replies - my brain will explode

Cobra - keep up the good work

It is a system so simple - even I can use it (not so the ea at the moment )
  • #1,446
  • Jul 24, 2009 4:56am Jul 24, 2009 4:56am
Quoting psgm
APOLOGIES to ALL if this has been answered hundreds of times already or is blindingly obvious to all.


It is a system so simple - even I can use it (not so the ea at the moment )
Have u gone through the EA manual mate?
There are a lot of set files on this forum that can get you started once you understand how the EA functions.

Kaz
  • #1,447
  • Edited 8:27am Jul 24, 2009 6:58am | Edited 8:27am
Hi Guys

I was just thinking about potential ways to optimize entries. I was wondering if we could include 4 primary harmonic numbers .618, .786, 1.27, 1.618 as added filter for entries?

I have noticed that some of losses were triggered around those numbers. EA makes an entry based on THV rules but sometimes price bounces off right after an entry is made and in most cases its around these numbers. Perhaps this could further improve the quality of set-ups.

I am going to do some research on this over the weekend.

Cheers
Kaz
  • #1,448
  • Jul 24, 2009 7:06am Jul 24, 2009 7:06am
Sorry everybody, went through a move to another place over the last few weeks and I am back with my two pc connected now. Going back to work.
  • #1,449
  • Jul 24, 2009 12:05pm Jul 24, 2009 12:05pm
I'm working on historical S&R but still not sure which indicator to use.

Unfortunately in this time I'm very very busy in my companies and didn't have time to get any further on my developements.

I hope to get back to work on the EA in a month or so.

Meanwhile I try to integrate the S&R indi in THV manually trading (till now with mixed results)

BTW: Xux is closed to release a new version with some improvements coming from you folks.
  • #1,450
  • Edited Jul 25, 2009 2:19am Jul 24, 2009 1:38pm | Edited Jul 25, 2009 2:19am
Quoting cobraforex
I'm working on historical S&R but still not sure which indicator to use.

Unfortunately in this time I'm very very busy in my companies and didn't have time to get any further on my developements.

I hope to get back to work on the EA in a month or so.

Meanwhile I try to integrate the S&R indi in THV manually trading (till now with mixed results)

BTW: Xux is closed to release a new version with some improvements coming from you folks.
Hi Cobra

I think mostly what we are trying to do is to avoid negetive trades which have filtered through THV rules. I don't have much information right now but I was just eyeballing the Harmonic Numbers while trading, though I don't know much about Harmonic Patterns there are some numbers to watch out for.

I don't know how to put it so we all can understand but I do believe we can minimize some of those -ve trades which happen around harmonic numbers. I'll do some work and get back to thread next week.

Have a great weekend all
Cheers
Kaz
  • #1,451
  • Jul 25, 2009 3:30am Jul 25, 2009 3:30am
Hi Kaz !

I'm testing your 15M set file in the original edition. But there have been 2 proposals for slight changes concerning iMaxCross and S/L. See my post 1441 to WR.

What is your actual set file ? What do you advice ?

Really we have to be patient for weeks ! Btw - GBPJPN doesn't work for this set file ... so far ... for me.

Will post results asap.

Generally I can say based on my first (forward testing) results - this set file shows great promise.
  • #1,452
  • Jul 25, 2009 4:33am Jul 25, 2009 4:33am
Quoting Mandl2007
Hi Kaz !

I'm testing your 15M set file in the original edition. But there have been 2 proposals for slight changes concerning iMaxCross and S/L. See my post 1441 to WR.

What is your actual set file ? What do you advice ?

Really we have to be patient for weeks ! Btw - GBPJPN doesn't work for this set file ... so far ... for me.

Will post results asap.

Generally I can say based on my first (forward testing) results - this set file shows great promise.
Hi Mandl2007

Set file you can find in my last post updating results on usdcad. Don't know when it was. Please do a search and you'll easily find it.

SL try not using ATR based SL to start off. Use 25-30 pip fixed SL. Resason being I am not able to find a suitable ATR based SL so far. I've got ATR indicator which I use on chart to observe various values, but its still in experimental phase.Perhaps in future I can find a suitable ATR based SL.
iMaxCross = 200. Use this value.Means EA will exit the trade on open candle when cross happens. 100 means EA will enter on open candle when cross happens.

Also can I make a small request.. it is it possible for you to take some screenshots of all the possible gartleys you can see on the charts you are testing. Indicator will show this pattern. I am trying to find ways to use some of the harmonic raitos as possible filters for entry.

Hope this helps
Cheers
Kaz
  • #1,453
  • Jul 25, 2009 7:23am Jul 25, 2009 7:23am
Hi Kaz !

Thanks for your kind answer. Yes, I found your set file in WR's post #1385 together with WR's backtesting results. Ok, following your advice - now I switch from ATR based S/L to fixed S/L 30 pips, begining from the next week. iMaxCross will be "200" as mentioned. Few and far between I'm looking on the gartley but I don't use it so far - really, may be I'll have a look on it next week.

Do you have any further advice for testing your 5 M set file posted in #1415 ? I could test it too.

Good by ... lucky pips for you !
  • #1,454
  • Jul 25, 2009 7:37am Jul 25, 2009 7:37am
@Kaz - Btw I used your original set without any S/L during the last week too. Amazing results: I could win every trade at the end - BUT (!) of course the balance was a long time (especially for GY !) huge negative. I think, I couldn't sit watching the screen with minus 2000 $ on the current balance, trading live my own money. So I think your set without any S/L isn't for real trading or only for people liking very high risk ?
  • #1,455
  • Jul 25, 2009 7:46am Jul 25, 2009 7:46am
Quoting kaizasoze
Hi Cobra

I think mostly what we are trying to do is to avoid negetive trades which have filtered through THV rules....

Have a great weekend all
Cheers
Kaz
Hi all

Have not had a chance to post lately...

My problem is not the number of losing trades, but that the EA is not closing them out as I want. End result - HUGE LOSSES. I have tried a lot of different things, but simply want trades closed out, whether profitable or losing, when there is an iMax cross.

Sounds simple enough, but can't get the settings right. Something seems to be interfering and taking priority away from that setting. If anyone is having success closing out trades with the iMax, please let me know your settings.


T...
  • #1,456
  • Jul 25, 2009 8:20am Jul 25, 2009 8:20am
Quoting kaizasoze
Have u gone through the EA manual mate?
There are a lot of set files on this forum that can get you started once you understand how the EA functions.

Kaz
I have been taking the thick pills - sorry !!

as I said there are so many comments here I don't know where to start - but I suspect the manual might help!!!

Where can I find the manual?
  • #1,457
  • Jul 25, 2009 9:16am Jul 25, 2009 9:16am
look the post #1 - of course !

Karun's introduction
  • #1,458
  • Jul 26, 2009 3:45am Jul 26, 2009 3:45am
OK,

I entered as close as possible a set that was posted on this forum )using false where it was showing 0, true if 1 etc.

Using wackyracers 15 v704 (I presume it was based on V6 - I have downloaded V0.7.

I used on last weeks $/$ in both 5 min and 1 min

STILL NO TRADES APPEARED ON BACK TEST!!!!!!

Looked at the manual - but that is for V0.6.

what am I doing wrong?????????

Surely I should be able to get results on back test?

What is the piece of the jigsaw I am missing

PLEASE HELP!!!!
  • #1,459
  • Jul 26, 2009 3:47am Jul 26, 2009 3:47am
2009.07.26 09:43:30 TestGenerator: unmatched data error (low value 1.6540 at 2009.07.21 00:45 is not reached from the least timeframe, low price 1.6541 mismatches)
  • #1,460
  • Jul 26, 2009 8:31am Jul 26, 2009 8:31am
Quoting Mandl2007
Hi Kaz !
Do you have any further advice for testing your 5 M set file posted in #1415 ? I could test it too.
Quoting Mandl2007
@Kaz - Btw I used your original set without any S/L during the last week too. Amazing results: I could win every trade at the end - BUT (!) of course the balance was a long time (especially for GY !) huge negative. I think, I couldn't sit watching the screen with minus 2000 $ on the current balance, trading live my own money. So I think your set without any S/L isn't for real trading or only for people liking very high risk ?
Hi Mandl2007

Glad to hear you are having some success with the set file. As I said earlier NO trader worth his salt trades without SL. Thats just stupid! So, i'd advise you to trade with SL as we discussed earlier. No need to take risk you cannot stomach..as u said yourself. Don't let greed take over..ever!

5 min set is not optimized, yet u can start using it and see if you have any success with it. I couldn't get much time to study about Harmonic Patterns as my mum pulled me out of the screen and shut the comp down on friday nite..just sneaking in to get an update on thread.

I'll definitely get some more work done next week. I think we can definitely reduce some of the losing trades.

Have a great weekend all
Cheers
Kaz
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