THV MTF EA beta testing

I got 0.8 as this is what the instructions say on page 1. I'll read through the whole thread tonight to catch up on what has happened so that I don't post any repeat questions.

Thanks,

Wilko.

I plan to backtest as much as possible to determine some potential settings before forward testing. I have read in previous posts that you cannot backtest the news which is obvious as the News xml file is downloaded and for the week ahead only.

Does anyone know of a way to get historical News xml files which could be used for backtesting purposes? The ideal way forward would be to have a file of historical News times which could then be used for backtesting assuming the EA is coded to read it.

Hi everybody,
as you can see I am a new member, first post.
First of all congratulation to the THV Team, amazing result of a sincere Team work.
I am following both threads since a while. I anticipate, I did not read all pages but most of them.
I would like to ask you the following and I apologise if the argument has been already discussed, in this case please just post the link.

Question - Under EA V1.0 how can I disable/stop pyramiding. Basically if I already open a long position, I do not want the system to add either another long or a short.

I am curretly testing the EA with two different brokers with different results. Strange!! But I do not want to bother you about this at the moment, I think there are some explanations.
Hope to be of any help in the future.

Thanks in advance

Again you guys are unbelievable.

Ogeid

Hedge=false
Freshsignal=true

Thanks Tom,
I'll try it.

Ogeid

as long as I remember freshsignal serves the purpose to open position on signal that occured in current open bar but has nothing to do with opening additional positions to the one thats already open, I have never seen the EA to open two position in the same direction ....

Thanks Tom,
I'll try it.

Ogeid

".........I haven't seen any EA yet that is doing fine over a long period"

Of course u didn't see one, they just don't get published on a forum. But they do exist, no doubt about it
And even when this thread comes to a halt, I m sure some of the gals&guys here have got new and helpful impact to create their own and successful EA to go their way in forex. And this is what counts in the end IMHO

Good luck on trading to everyone!
---------------------------------------------
http://www.myfxbook.com/members/pc8multifx

Gongratz for developing the best EA ever!
This EA is huge! So many settings to play with. Just amazing guys.
Thank you very much.
Im not the programmer but i do lots of backtesting and i know how to play with indicators. I will get familiar with your EA ones and if i find a profitable setting, i will surely send you one for making this great EA.
Ofcourse it takes time. Settings need forward testing aswell.

Thanks again.

Don't get me wrong in my post... this EA has a great potential, a lot of things are covered that others are missing like news and etc.. but the question is how good you are to explain machine what you want from it

Exactly!

Im currently testing the EA under renko candles script. The reason im doing this is that Renko elliminates time noise from frame and it gives nice clear picture, where price is moving. THV ea + renko seems very promising combination but theres one annoying problem at the moment.

The EA opens two orders at the same place sometimes when the current price line slips over the last candle and back again. If you know how renko candles work, you should know what im talking about. I would really like if this minor bug would be fixed. If the EA would control the second order than maybe i would just let it ride on that bug but problem is that this second order will not be controlled and it will just float. So each time EA opens double orders, i have to manually close one of them.

Thanks.
Kris


Edit. Little bit how i came to idea, using ea on renko.
I have tested one other Ea which has great potential and zillion possible combination before i found THV ea. Backtested like thousand different combinations without getting much sucsess. Some settings worked through 2009 nicely but got killed in 2008, so i didnt dear them to use on demo or even live. I felt quite hopeless sometimes. Did many visual tests and experiments trying to elliminate bad trades but nothing worked. The EAs just cant sense if the trend edge is close or not. Naked eye senses it a lot better.
So i looked something what could help the EA. I found Renko script. I found that it helps a lot the EA and its indicators to determine the trend earlyer and also get out in time more accuratly than putting EA/indicator just on various time frames. Its not perfect solution. It has a lot of downsides too. Sometimes when price moves 100+ pips in 3 minutes. Renko sees the trend. Actually it isnt.
So combination of renko and some nicely optimized time frame indicators would work i thought..... So now im on the test phace of it.

Sorry for stupid questions guys.
Does anyone know how move the hidden SL to BE when the first profit has been hit?
(I went through thread however I didn't find it.)

Thanks a lot.

Hi All,

Havent posted much recently - mainly because I've been busy writing & testing my own EA. Its a trend following EA attempting to trade only in the direction of the long term trend. I find a 4h or daily EMA with period between 30 & 100 ( depending on T/F & Pair ) gives a good direction indicator. So I only open a trade in that direction. It would be easy to implement as an additional filter but I guess does move away from the original THV system.

I did try setting up the THV EA with one of the TRIX's on much longer T/F to set the direction but didnt get consistently good results.

But keep it going

B Rgds

WR

I agree with WackyRacer, We kind a stuck in a loop here trying the same thing again and again.

OK friends. Till now 2087 pips.
Happy New Year for all forex hard traders.

nice go ! for what period?

Great to hear someone is having such success with this ea Care to share some more info on your settings, are you still using the same set file you posted earlier?

I am old man. What is good it hasn't change.
Same setting, same rules, as earlier. TF5, only London open.
Mountain before us is still high, but we have very good tools......

Very interested in seeing how the THV EA develops. Keep up the great work everyone, I'll be following this thread as well.

Also, happy holiday everyone, and have a happy new year as well. ^^