THV MTF EA beta testing | Page 87 | Forex Factory

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

  • #1,721
  • Aug 18, 2009 7:22pm Aug 18, 2009 7:22pm
Quoting Mandl2007
hmmm .... well said just now about ffcal .... is the FFCal indi down again ??? doesnt work here for me ... broken ?
FFCal for me working, please close your MT4 and go this address and delete all file.
C: => Program Files => "Yor MT4 Broker" => experts => files
We are here to help each other... We Learn Forex Together!
  • #1,722
  • Aug 18, 2009 8:24pm Aug 18, 2009 8:24pm
They are based on server time.

Quoting FX Dragon
I swear I have looked high and low, yet this information eludes me - can someone enlighten me as to what Trading Hours in the EA are based on?

Server Time (Alpari, GMT +1)
Local GMT (GMT -5 in my case)
Local GMT plus broker offset (GMT -5 +1 = GMT -4)

Thanks in advance
  • #1,723
  • Aug 18, 2009 8:41pm Aug 18, 2009 8:41pm
Thanks Xux
  • #1,724
  • Aug 18, 2009 11:55pm Aug 18, 2009 11:55pm
Quoting xux99
Set ClassicSL=true, StopLossPips=20, TakeProfitPips1=20, BreakEvenPips=20, FastTrixDirection=201, IndicatorsExitPriority=2, PartialClose1=50, PartialClose2=50.
Hi xux99 - When I asked you for an exit using Trix colour you gave me the setting 201. Just so I completely understand these settings, I am assuming that the # 2 means exit only - #0 means open candle - # 1 could you please tell me what it means? Thanks for your help. I have read the manual several times and the thread and could not find answer.
  • #1,725
  • Aug 19, 2009 5:23am Aug 19, 2009 5:23am
1 means closed candle.
  • #1,726
  • Aug 19, 2009 11:37am Aug 19, 2009 11:37am
Quoting xux99
1 means closed candle.
could the setting be 210 then?
  • #1,727
  • Aug 19, 2009 3:22pm Aug 19, 2009 3:22pm
The third digit defines if exit is based on a closed or unclosed candle so it should be 201.
  • #1,728
  • Aug 19, 2009 8:27pm Aug 19, 2009 8:27pm
Quoting xux99
The third digit defines if exit is based on a closed or unclosed candle so it should be 201.
At the risk of sounding brain dead, what does the second digit define?

Let's say for instance I would like the Fast Trix Direction to be used for both entry and exit on a closed candle? Would that be 301? If that is correct, then I still don't understand the second digit. Sorry to be such a pest, but I realize these settings have to be correct if I want the EA to perform the way I would like.
  • #1,729
  • Aug 19, 2009 9:53pm Aug 19, 2009 9:53pm
The second digit defines if entry is based on a closed or unclosed candle. In your example it should be 311.
  • #1,730
  • Aug 19, 2009 10:11pm Aug 19, 2009 10:11pm
Quoting xux99
The second digit defines if entry is based on a closed or unclosed candle. In your example it should be 311.
Ahh! A lightbulb moment for me. I finally get it. Thanks so much.
  • #1,731
  • Aug 20, 2009 9:53am Aug 20, 2009 9:53am
Has anyone found profitable settings yet? I'm testing it for a 2 months now and got break even results at best. If so can you post your set files for testing.
  • #1,732
  • Aug 21, 2009 10:50am Aug 21, 2009 10:50am
I have been having great success with retracement entries, so this question is so I understand the settings. I have my PriceCrossIchimoku and all my trix directional settings at 110. On the original entry all the conditions are met perfectly. On the retracement trade, as long as the price is above the Ichimoku, it will re-enter even if the fast trix is the opposing colour. The trades seem to always work out, but I am curious. Also, is there a limit to number of times the system will take a trade in the same direction? Thanks so much for all your help and mostly for this truly amazing EA.
  • #1,733
  • Aug 21, 2009 11:39am Aug 21, 2009 11:39am
The EA will reenter if fast trix changes colour for at least one candle and then changes colour again to the original direction. Probably your reentry occured when fast trix had opposite colour on the unclosed candle but according to your settings only closed candles matter. There is no limit to the number of trades of the same direction.
  • #1,734
  • Aug 22, 2009 12:59pm Aug 22, 2009 12:59pm
Hi Xux - have a Q for some more explanations of "trailing" - how may I get better trailing moves ? Could you plz a bit more explain how to use the trailing parameters more precise ?

of course it must be:

"TrailingStopDisablesExits" = "true"

"Classic Trail Stop" = "true" (what is the difference to PSAR trailing stop ?)

Ok,

But how have we to adjust the following parameters in a better manner - lets say on 1M or 5M TF ?

"Trailling Stop Pips" (what does it mean ? may be a pic could help ?)

"Trailing Stop Start Pips" (what does it mean ? may be a pic could help ?)

"Trailing Step Pips" (what does it mean ? may be a pic could help ?)



"Trailing Stop Atr Multiplier" (what does it mean ? may be a pic could help ?)
  • #1,735
  • Aug 22, 2009 1:57pm Aug 22, 2009 1:57pm
The best way to understand trailing stop is to attach PSAR indicator and experiment with these parametres during backtest in visual mode.
  • #1,736
  • Aug 23, 2009 11:46pm Aug 23, 2009 11:46pm
Quoting xux99
The EA will reenter if fast trix changes colour for at least one candle and then changes colour again to the original direction. Probably your reentry occured when fast trix had opposite colour on the unclosed candle but according to your settings only closed candles matter. There is no limit to the number of trades of the same direction.
Since I did have all the trix settings at 110, the trade should not have taken place unless the trix was green on the close. The trade went off anyway, while the trix was still red on the close. Is there other settings I should be looking at so this doesn't happen? The HA bar was green, does that factor into the entry at all?
  • #1,737
  • Aug 24, 2009 10:36am Aug 24, 2009 10:36am
Quoting Mandl2007
Hi Xux - have a Q for some more explanations of "trailing" - how may I get better trailing moves ? Could you plz a bit more explain how to use the trailing parameters more precise ?

of course it must be:

"TrailingStopDisablesExits" = "true"

"Classic Trail Stop" = "true" (what is the difference to PSAR trailing stop ?)

Ok,

But how have we to adjust the following parameters in a better manner - lets say on 1M or 5M TF ?

"Trailling Stop Pips" (what does it mean ? may be a pic could help ?)

"Trailing Stop Start Pips" (what...

Hi Mandl - if you don't mind I'll take this one.

Trailing Stop Pips:
Number of Pips for the Trailing Stop.

Trailing Stop Start Pips:
Number of Pips beyond entry price where Trailing Stop begins. If you wanted the Trailing Stop to kick in 10 pips beyond your entry price, enter
10.

Trailing Stop Step Pips:
Number of pips to adjust Trailing Stop. You can adjust your Trailing Stop incrementally by this amount. For example, original TS was 10 above entry and price moves quickly in your favor, you can adjust your Trailing Stop by this amount (say 5) and TS will move up every 5 pips. Just a way to catch some of the wild runs.

Trailing Stop ATR Multiplier:
Trailing Stop multiplied by the Average True Range for the current time frame. Trailing Stop would be multiplied by this number (1.3 or whatever you enter) - simply a way to identify strong trends and grab a little bit more profit. TS = 10 and TS ATR = 1.3, new TS is 13.


There are very good examples in the manual by both Xux and Cobra.

Regards
  • #1,738
  • Aug 24, 2009 12:35pm Aug 24, 2009 12:35pm
Where can I find information on the "imax cross"?
I am having difficulty understanding the setting.
  • #1,739
  • Aug 24, 2009 2:11pm Aug 24, 2009 2:11pm
Trailing Stop Pips:
Number of Pips for the Trailing Stop.

Trailing Stop Start Pips:
Number of Pips beyond entry price where Trailing Stop begins. If you wanted the Trailing Stop to kick in 10 pips beyond your entry price, enter
10.

Trailing Stop Step Pips:
Number of pips to adjust Trailing Stop. You can adjust your Trailing Stop incrementally by this amount. For example, original TS was 10 above entry and price moves quickly in your favor, you can adjust your Trailing Stop by this amount (say 5) and TS will move up every 5 pips. Just a way to catch some of the wild runs.

Ok - but whats the difference between "Trailing Stop Pips" and "Trailing Stop Step Pips" ? If lets say - 10 pips price moving took place - so 10 pips after entry price, trailing of the S/L begins (so: "Trailing Stop Start Pips" = 10) and for instance in the case of initial S/L=10 that means we have break even. We could then even lock in 1 pip for profit. If "Trailing Stop Step Pips" = 5 so that means after further 5 pips price moving in my direction the S/L is moving 5 pips too and we are already in profit - 5 pips - no more loss in this trade - minimum 5 pips profit we have earned !
But what does it mean if "Trailing Stop Pips" is for instance 10 ?

As I understood - ATR Multiplier: that means we have to "multiply" the number of the ATR using this "Multiplier" - for instance if ATR is 20 and the multiplier is 1.3 - that means the new TS is already 26 - so the Multiplier must not to high ! IF ATR could be 30 - Multipliers 2-3 make considerable numbers - perhaps they are useless for the given TF.
  • #1,740
  • Aug 24, 2009 2:19pm Aug 24, 2009 2:19pm
Mandl -

As a junior member, I am unable to send or recieve PM's and I have no idea when this function will be enabled.

Thanks for the email and you are very welcome.

Regards
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