THV MTF EA beta testing

Can you please tell us which pairs do you trade?

Ahoj,
koukám, že taky obchoduješ THV. Nevadilo by ti vyměnit si zkušenosti?
V případě zájmu se prosím ozvi na mail cesta zavináč klikni tečka cz.
Dík
Cesta

[quote=Supranium;3304108]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.

can you post your settings for renko and the time frame

thanks

babilon

Pairs which I am testing.

Answer is in your PM.

I am also using and trying Renko with this EA. This EA has so many facets that it gets in its own way. The Ichimoku cloud does a great job of keeping you out of channeling and short trending times. The HA in conjunction with the Renko visualy gives great trending signals but of course you need the Brick size to be correct for that particular Pair.

If we could only disable some of the features of the EA for instance:
1.use the cloud for breakout of a trend
2. use the Trix for confirmation of that breakout
3. Use the HA/Renko candle clearing the cloud to determine entry.
4. Use the Ha/renko candle and or the Trix to determine exit.

Sound good?? Now how do we do it?? Can we do it with this EA?? I am trying other EAs with the Renko and blocking the Channeling times seems to be the biggest problem.

If we come up with another EA concept we'll start a new forum.

Renko Candles, Heikin Ashi-EA or Hull Moving Average-EA and some Channel blocking indicator will blow your mind.

Any help would be appreciated.

For info on Renko go to

http://www.forexfactory.com/showthread.php?t=189584

More shots of Renko blocks with Brick size of 10, using THVs cloud. Trix and a smoothed HA.

Yeah. Watching the charts, looks like a simple thing to make money with renko and some idicators. Actual deal is more complicated.
I tried quite a lot of different settings with it. none of them i could make profitable for more than 4 months period on back test. So i was quite dissapointed and left it as it was for now. I will deffinately try some ideas which are in my head some time in future but at the moment im busy with my manual system development which is much more promising.
I will keep an eye on that topic here. Please keep posting if you have some more progress than i had on first try.

Happy holidays!

hello lopuch,
It seems good results how long has it taken? and what do you mean saying by earlier settings?

I'm running out of ideas =((( on the settings. I think what I will do is to use some of the software testing tools to test all possible variables in this EA on the backtests for a half a year.

Hi All.
Is it possible use PriceCrossIchimoku for trade exit?
Thanks.

Hello Cobra,
somebody is trying to sell your system.

http://www.forexcobrasystem.com/?hop=fxtype

now, this is ridiculous .... Hopefullly people will do some research first.

Who or whom can be that stupid to try and sell/steal someone else’s hard work and ideas/inventions. What the hec is this word coming to? I notice they didn't leave a phone number or address for contact support. That would give Cobra and the other THV team members an opportunity to personally feed them an ear full of f-bombs. Great trading system by the way!

Thank you Cesta, I already mentioned in the THV thread some weeks ago that this is a bad made scam and the guy uses my nickname to easy promote his crap.

If he would sell my system I could start a claim but he uses only the name cobra which I have no patent on it, we have another FF member with the nick cobra who signed up before me.

Hi Baldrick...

I also wanted that strategy some weeks ago.... close partial with my set TP stages (maybe one or two more TP stages) as long as the trend is right but if the trend changes, the entire trade is closed by (for example) an specified indicator.

i postet this for xux, he said, he keep that in mind for the next version...
what is the newes version... my last know is 1.0.

please let me know, if there es a way to do that in a future version!

Thumps up for xux, cobra and all you man behind THV!

ok we kinda reached an dead end here .... without identifying the trend EA makes a lot of negative orders, so we need an trend indicator and option to open orders only according to the trend indicator, I'm not sure if MTF Trix can be used for this purpose ? or if not maybe there is something else that we can use as reference to the trend ? I found some interesting thread on this topic such as this one http://www.forexfactory.com/showthread.php?t=52355, just running out of ideas on how to put human brain in EA settings lol

Hey guys been lurking this thread for a while and have been testing on and off since October with the same results you guys have had (small profits followed by epic crash). Just want to throw out a quick thanks to xux99 + Cobra for thv in general and coding + all the testers so far. When RR said these indis aren't EA friendly he wasn't kidding, this is a far more advanced EA than most realize.

Recently I've begun to have success with the backtests however....

The first thing you have to realize is that THV was designed for scalping. And its damn good at it. Our problem here though is that everyone uses THV a bit differently in different situations (ie I ignore coral in ranging markets, use 15min TF etc...) I recommend you use it manually if you haven't already and see what I'm talking about. So as Vitaly and others have said the challenge here is to get it to trade as you would trade it manually. Therefore settings that work for me on my TF, my broker, my style and my MM might not work for you...

Another (rich mans) problem we have is that THV EA, as currently set up, is a memory hog. Not because it poorly programed, on the contrary this EA is more advanced than our comps and MT4. Like many here, my comp has crashed several times while running the EA on multiple pairs and multiple MT4 instances.

So lets get to solutions....

My first realization was that you don't have to use all the settings in this EA for it to be profitable. In fact my most successful set ups have used maybe 1/3 of the settings available.

Something that helped me immensely was running a 1 week backtest and looking at my chart to see where the EA entered and exited. This lets you fine tune your entries and exits better.

I think we're a bit too focused on entries and exits and not enough on the MM settings. I've found they make a huge difference. Also note that these setting will change with each pair, so find your favorite pair and stick to it till its profitable, then tweak from there.

Change the trix settings as appropriate for your time frame. Again THV was designed for scalping on the m1 and m5 TF's, I'm having success on m15 with trix settings of 60 for fast and 100 for slow.

Think outside the box. I had some success using -10 and 201 on "CrossCoralPips" for example.

KISS rule. I've ditched Miss Pips' charts, pivots and imax in my setup. Why? Not because they suck, but because I've found they info they give is redundant and sometimes contradictory. So i was filtering out too many good trades and the EA was taking bad trades when many of these indis lined up but not all. Waiting for all stars to align was costing me too many pips. My setup now looks almost identical to THV V4.

Keep a journal of what works and what doesn't. I lost a few good setups by constantly changing in an attempt to improve, only to find I couldn't remember the set that was doing OK...

Sharing is Caring. Maybe some silly idea you had isn't working on your favorite pair but then someone comes along here and puts it on some funky USDDKK pair and voila! Its important to know WHY something works or doesn't...

That's all for now guys, hopefully by then end of the week I'll have a tpl and set file ready for us. I'm testing on EURUSD and USDJPY m15.

Thanks again for all the hard work so far.

I totally agree with you... I guess I'm just not experienced enough =()

Hey THV Ea'ers, as promised here's a set and tpl files.

It works best on strongly trending pairs, and on the 4h TF. It can be profitable on 1h but i wouldn't recommend it on choppy pairs.

Basically we're getting around the trend identifying problem by scaling up TF's and using strict entries.

I started forward tests tonight although it should be a few days before it takes its first trade. https://www.myfxbook.com/portfolio/thv-ea/11791

Enjoy and improve