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THV MTF EA beta testing

  • #1,621
  • Aug 4, 2009 9:08pm Aug 4, 2009 9:08pm
Patterns are not optional. If the trades were taken with or without them there would be no reason to use them.
Quoting kaizasoze
Interesting..do patterns work like this? I thought EA would first look for THV rules and then patterns. If THV rules are met EA takes the trade, if patterns agree better otherwise we are good to go. Am I right there XuX?
  • #1,622
  • Aug 4, 2009 9:32pm Aug 4, 2009 9:32pm
Quoting xux99
Patterns are not optional. If the trades were taken with or without them there would be no reason to use them.
I understand what you are saying XUX. I think my confusion was if we can trade the EA with patterns only and without core THV rules. Does that make sense?
  • #1,623
  • Aug 4, 2009 10:17pm Aug 4, 2009 10:17pm
You are right kaizasoze. There is a new FFCal indicator version at this post. Rename it to THV3 FFCal and replace the old one.
  • #1,624
  • Edited 1:21am Aug 5, 2009 1:05am | Edited 1:21am
Rules didn't allow this one on M15 but M5 didn't have any problem taking it..
First exit early on 15 pips..then trailing the price now currently running at 71 pips..power of TrailingStopDisablesExits on show! How many of such trades do we need per week/per pair/TF. Depends upon the trader I guess!
Once again brings home the point that this is just marvelous piece of work by XuX.
Day by day I am having better understanding of this EA.

Cheers
Kaz
Attached Image(s) (click to enlarge)
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  • #1,625
  • Aug 5, 2009 3:19am Aug 5, 2009 3:19am
Quoting kaizasoze
Rules didn't allow this one on M15 but M5 didn't have any problem taking it..
First exit early on 15 pips..then trailing the price now currently running at 71 pips..power of TrailingStopDisablesExits on show! How many of such trades do we need per week/per pair/TF. Depends upon the trader I guess!
Once again brings home the point that this is just marvelous piece of work by XuX.
Day by day I am having better understanding of this EA.

Cheers
Kaz
Hi all

for some reason, I am not able to download some of the files on post 1, would someone please be kind enough to post the template for this EA.

Many thanks in advance
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #1,626
  • Aug 5, 2009 3:55am Aug 5, 2009 3:55am
Hi Kaz - followed your small discussion about patterns above. As I understand its not so good to use patterns at all - at least on lower TF ? Even the well used in THV divergence ? Right - I watched this night: using "3" for the pattern divergence no trade was entered at all. Have to switch this pattern again to "0".
  • #1,627
  • Aug 5, 2009 5:01am Aug 5, 2009 5:01am
Quoting Mandl2007
Hi Kaz - followed your small discussion about patterns above. As I understand its not so good to use patterns at all - at least on lower TF ? Even the well used in THV divergence ? Right - I watched this night: using "3" for the pattern divergence no trade was entered at all. Have to switch this pattern again to "0".
I just posted the screenshots of trades with patterns on M5 TF!
They DO work..EJ run I posted earlier got 75 pips. Divergence is not very reliable on M5 and M15 so I don't use it. To turn it off just put zero in the values column.

Also I'd advise to save some tick data to go through the weekly trades on weekend. You can try as many combination's as you like and then put the improved set on test again on live feed following week. Currently I think you are making too many changes too soon.

Also please go through the EA manual one more time..this is the bible you should have by your side anytime you start testing the EA. Your question could have easily been answered by consulting the manual.

Cheers
Kaz
  • #1,628
  • Aug 5, 2009 5:48am Aug 5, 2009 5:48am
hmmm ... I see. So could perhaps post your actual set file ? Must compare it with mine.

Do you have now two different settings for 5M and 15 M ?
  • #1,629
  • Aug 5, 2009 7:00am Aug 5, 2009 7:00am
Quoting Mandl2007
hmmm ... I see. So could perhaps post your actual set file ? Must compare it with mine.

Do you have now two different settings for 5M and 15 M ?
Its actually a derivative of M15, I am currently testing it and once its a bit better than what it is now, I'll post it. Not much of difference, same concept but bit aggressive due to the nature of TF.
  • #1,630
  • Aug 5, 2009 10:55am Aug 5, 2009 10:55am
@Xux

Hi Xux (or Kaz - may be ?)

Again about patterns/divergences - to clarify

As I understand the post #1621 - I ask here now for Interpretation of Divergence pattern set is "1" - So lets consider: if we have - for instance - a green divergence arrow and all the other THV criteria are fulfilled - so a buy trade will be taken. Of corse we have to choose a number of bars: for instance the line "PreviousBars" is "3" in the set pannel means during a period of 3 bars counted back from the bar disposed for trade entry there MUST be a green divergence arrow. The arrow although may be already on the second bar - or even the first - counted after the signal bar, ready for enter trade. I any case (green arrow on signal bar, on first, second third bar) a trade will be taken. If the green arrow ist on the fourth candle - no trade ? But important is the following - the patterns are connected with THV criteria via "AND" - right ?
  • #1,631
  • Aug 5, 2009 11:14am Aug 5, 2009 11:14am
On the other hand if we have a green candle and and "TrixDivergence" is "2" - not more "1" - means a sell trade won't be taken ? A buy trade can be taken - if of course all other THV criteria are fulfilled. So using "2" we can avoid false trades and we have one more filter.

@Kaz - here is a thought: as I remember the oroginal THV manual (not the EA manual) - the divergences play an important role in the THV trading - not the pattern ... at least on lower TF ? Just my 2 cents worth.

So I belive much more in the divergences - of course they can fail too. Divergences may be helpful. But anyway - in the manual, not being a part of the rules, the divergences play a major role. My own experience using the divergences is also a good one - both for entering and skip trades.
  • #1,632
  • Aug 5, 2009 12:25pm Aug 5, 2009 12:25pm
You are correct. Patterns are connected with the rest conditions with an "AND". Seting a pattern to 2 just prevents trades opposite to the pattern direction. An up divergence arrow prevents short trades.

Quoting Mandl2007
@Xux

Hi Xux (or Kaz - may be ?)

Again about patterns/divergences - to clarify

As I understand the post #1621 - I ask here now for Interpretation of Divergence pattern set is "1" - So lets consider: if we have - for instance - a green divergence arrow and all the other THV criteria are fulfilled - so a buy trade will be taken. Of corse we have to choose a number of bars: for instance the line "PreviousBars" is "3" in the set pannel means during...
  • #1,633
  • Aug 5, 2009 1:35pm Aug 5, 2009 1:35pm
another idea/appeal:

Would it possible to add 2 alarms/popupwindows ? One for the moment of trade enter, second for exit ? would like it to use for signal providing ... may be its possible ... ?

Could you enter 2 or even 3 trading trading time determiner for seperate defenition of London, NY and Asian session ?

Just my 2 cents worth.
  • #1,634
  • Aug 5, 2009 1:51pm Aug 5, 2009 1:51pm
You can trade different sessions by attaching the EA to more than one chart with different trading hours settings. I shall add an alert option to the next version.
  • #1,635
  • Aug 5, 2009 2:23pm Aug 5, 2009 2:23pm
Hi Xux

I think what Mandl said makes sense, the EA has a lot of informations to work out and use certain CPU resources.

To as more Charts we add the EA, as slower the puter will perform. In my opinion a triple session option would be a good idea.

I love will love the new alarm parameter with user defined sound files, it was on my wishlist since months.



Quoting xux99
You can trade different sessions by attaching the EA to more than one chart with different trading hours settings. I shall add an alert option to the next version.
  • #1,636
  • Aug 5, 2009 7:13pm Aug 5, 2009 7:13pm

Hi

6 day trading with THV EA v0.8 in EUR/USD TF 1M with my opinion change in set file.

Only 2 loser trade, not bad , but still must more work on it.

What is your comment?

Thanks Cobra & Team.
Attached Image (click to enlarge)
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  • #1,637
  • Aug 5, 2009 8:22pm Aug 5, 2009 8:22pm
Quoting Mandl2007
On the other hand if we have a green candle and and "TrixDivergence" is "2" - not more "1" - means a sell trade won't be taken ? A buy trade can be taken - if of course all other THV criteria are fulfilled. So using "2" we can avoid false trades and we have one more filter.

@Kaz - here is a thought: as I remember the oroginal THV manual (not the EA manual) - the divergences play an important role in the THV trading - not the pattern ... at least on lower TF ? Just my 2 cents worth.

So I belive much more in the divergences - of course...
You are right there Mandl, divergence in original THV does play an important role. Depends on traders discretion. I personally don't find divergence too reliable on M1, M5 and M15. I'd better use for H1 and above. But you gave us a good idea to use it at as a filter. I'll try that.
Cheers
Kaz
  • #1,638
  • Aug 5, 2009 8:24pm Aug 5, 2009 8:24pm
Quoting masoud123

Hi

6 day trading with THV EA v0.8 in EUR/USD TF 1M with my opinion change in set file.

Only 2 loser trade, not bad , but still must more work on it.

What is your comment?

Thanks Cobra & Team.
Where is d set file?
  • #1,639
  • Aug 5, 2009 8:29pm Aug 5, 2009 8:29pm
Ditto to Kaz's comment, without set file we can't arge.

Only results don't help in the developement.

Don't mind to post the set?


Quoting masoud123

Hi



What is your comment?

Thanks Cobra & Team.
  • #1,640
  • Aug 5, 2009 10:08pm Aug 5, 2009 10:08pm
Quoting cobraforex
Hi Xux

I think what Mandl said makes sense, the EA has a lot of informations to work out and use certain CPU resources.

To as more Charts we add the EA, as slower the puter will perform. In my opinion a triple session option would be a good idea.

I love will love the new alarm parameter with user defined sound files, it was on my wishlist since months.
It was on mines too..
but I thought I'd upset Xux by putting too many requests..he is already doing a lot more than we can ever ask for.

I am also going to upload the live tick data that I have started collecting from this week onwards for several pairs on rapidshare for people who wud like to use it for backtesting. I hope this will speed up the testing process.

Cheers
Kaz
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