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THV system, final edition

  • #19,141
  • Jul 21, 2010 3:18am Jul 21, 2010 3:18am
Sry something went wrong
Attached Image (click to enlarge)
Click to Enlarge Name: lsdf.gif Size: 35 KB
  • #19,142
  • Edited 4:02am Jul 21, 2010 3:46am | Edited 4:02am
Yes that means you cant use mtfs for a visual backtest. Also the trix mtfs histos are limited to the number of bars they store so even if you leave your computer on, beyond that number they wont be right either.
The thing that needs to concern us is: If I'm looking at the trix histo now and it's showing me that the 60 m fast trix is red and the 30 trix is red etc, if I look at the real 60 fast trix is it really red this minute? Because that is the purpose of the histogram - to help you if you don't have multiple monitors so you dont loose time flipping between charts.

If you really want to backtest then you can approximate by using the MTF trix that shows the trix itself in steps and only using the closed values for your estimates.

Sorry but I dont understand what you are trying to say in the rest of the post.

Quoting base
Ok thanks miss pips for your answer so does it mean now when i do an visuell backtest all the mtfs are wrong?
But when i let my computer run and mt4 too there would be then the right mtfs because he get it live?
Whats about this Picture here now.
First 1 is the one i had all the time on the cahrt second too but this one have autotimeframe true 3 is just the small but not important now.Whats about the last now it show something very different now.Can i do now the visual backtest with the 2 first?They seems to be right nd just the new 4. mtf show...
  • #19,143
  • Jul 21, 2010 4:45am Jul 21, 2010 4:45am
Quoting MissPips
I think it depends on market conditions and price action. For example, is there a strong trend that is relatively new or is it and old trend and divergence is occuring? Is the trend you want to trade against really a retracement against the daily trend or is it with the daily and how new is the daily trend? Have the swings with the trend been getting shorter and smaller and the swings against it been getting stronger? etc.

But in general there's a reason for the saying that 'the trend is your friend'. (The 'until it end's' part of that saying...
thank you!
passion and discipline
  • #19,144
  • Jul 21, 2010 4:49am Jul 21, 2010 4:49am
@Rohule i personly use Eur/Usd Gbp/Usd Eur/Jpy Aud/Usd.Also i test Eur/Chf and Eur/Gbp but these both seems to be just good when London or Newyork open also i test Usd/Jpy but until now no big results.[/quote]

thank you base, i will back test ej, it looks promising, have a good one!
passion and discipline
  • #19,145
  • Jul 21, 2010 5:18am Jul 21, 2010 5:18am
hi folks!

what you guys think abouth thise trade 11 pips.
Attached Images
passion and discipline
  • #19,146
  • Edited 7:06am Jul 21, 2010 6:42am | Edited 7:06am
"If you really want to backtest then you can approximate by using the MTF trix"
Im actually using the trix mtf one with and one without autotimeframe on true.
So can i us them to backtest ?But i really do not untersand when i put one more mtf on my chart with the same Settings why i show something so diffrent i mean is it to difficult to just show the color of the trix ?

Edit:when i have my mtfs on my m1they just show the trix to the m15 so couldi use insted of the mtfs just the trix you use on your templates would it be then a right signal?

How long would the virtuel backtest be right ?
  • #19,147
  • Jul 21, 2010 7:03am Jul 21, 2010 7:03am
Hello friends..

Now new version of MTF Trix Recoded V2 have following options

1. Wont Redraw
2. Can use any Time Frame.
3. Vertical Lines present to view the recent Histo color change.
4. Trix Values (both fast and slow) and Previous Trix values available.
(It can be used to avoid sideways market. eg: Histo value greater than five gives some good pips)
Attached Image (click to enlarge)
Click to Enlarge Name: mtf trix recoded by arun.jpg Size: 175 KB
  • #19,148
  • Jul 21, 2010 7:08am Jul 21, 2010 7:08am
Could you pot any templte of your version arunsideas ?
Whats about the S and R lines and pivots ?
  • #19,149
  • Jul 21, 2010 7:36am Jul 21, 2010 7:36am
Miss pips what about these pictures i have scroll back my chart and have check for these 3 situatin while the mtfs are right so i have checked all trixes on the Tf 5 anf 15 wich are blaoned as mtfs and on the real trix in the window of the higher time frames the trixes really hav the colur which was shown.
so whtas about now,can i backtest or not also the cloud mtf for m5 and m15 was right.
Or you mean if i go back so much what i show in my last picture that there is no more trix then the mtfs get wrong because they dont now what happend there? foe example for the last picture the m1 mtf would be false but m5 and m15 right beacuse there is still an trix and when i go mor back so there wouldent be anymore the trix at m5 the mtf for m5 get also wrong? is it like this?
Attached Image(s) (click to enlarge)
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  • #19,150
  • Jul 21, 2010 7:50am Jul 21, 2010 7:50am
Hi Arun,

This is looking great, just as the indicator you posted last week.

pb

Quoting arunsideas
Hello friends..

Now new version of MTF Trix Recoded V2 have following options

1. Wont Redraw
2. Can use any Time Frame.
3. Vertical Lines present to view the recent Histo color change.
4. Trix Values (both fast and slow) and Previous Trix values available.
(It can be used to avoid sideways market. eg: Histo value greater than five gives some good pips)
  • #19,151
  • Jul 21, 2010 8:01am Jul 21, 2010 8:01am
Quoting base
Could you pot any templte of your version arunsideas ?
Whats about the S and R lines and pivots ?
Friend I used Support and Resistance THV4 Pivots ... here I just shown my indicator ...
I already posted previous version of Trix Mtf Recoded... see the attachments... This Indi in under test. It will be uploaded soon.
  • #19,152
  • Jul 21, 2010 8:02am Jul 21, 2010 8:02am
Hi,
I downloaded ea and thv system through your website last one which name is thv5 i would like to know what time frame of chart i use and what pairs r good for this ea.
  • #19,153
  • Jul 21, 2010 8:13am Jul 21, 2010 8:13am
Very nice setup Arun,
Very lovely chart :
  • #19,154
  • Edited 8:42am Jul 21, 2010 8:26am | Edited 8:42am
I'm having a hard time understanding what you are asking. For example when you ask what about these pictures what are you asking? Maybe you can ask in German and someone from the thread can translate for you.

Anyway what I meant was to use the mtf trixes where you can see the closed value of the trix. Like in the picture here I can see 5 of the six points because the 15 fast and slow have closed red, the 5 fast and slow have closed red and the 1 fast has closed red. (I know from experience that when both rainbows are red there will be at least one more point from the cloud or another trix so I dont bother to add the mtf cloud.).
Attached Image (click to enlarge)
Click to Enlarge Name: 6pts.png Size: 108 KB

The mtf cloud is an exception to the rule that you cant use mtf indies for backtesting. You can use it because it is just based on moving averages and so it always knows where price is in relation to those averages, unlike with an oscillator where after the fact, it only knows how the oscillator closed for that bar, but not what was the state of the oscillator during each of the minutes that make up the bar.

What I meant about not being able to backtest past a certain point even if you leave the computer open is that the trix histo values are only good for the number specified in TrixNumberofBars. I.e if you specify 750 and go back and look at the 760th bar that value is not good.
Quoting base
Miss pips what about these pictures i have scroll back my chart and have check for these 3 situatin while the mtfs are right so i have checked all trixes on the Tf 5 anf 15 wich are blaoned as mtfs and on the real trix in the window of the higher time frames the trixes really hav the colur which was shown.
so whtas about now,can i backtest or not also the cloud mtf for m5 and m15 was right.
Or you mean if i go back so much what i show in my last picture that there is no more trix then the mtfs get wrong because they dont now what happend there?...
  • #19,155
  • Jul 21, 2010 8:30am Jul 21, 2010 8:30am
can someone explain to me what the pips to open the spread. etc means on the the info panel do you guys follow that. thanks D
  • #19,156
  • Jul 21, 2010 8:49am Jul 21, 2010 8:49am
Spread is the difference between the bid and the ask price.

Pips to open is how far the current price is from the price at the open of the day.

Quoting dreath
can someone explain to me what the pips to open the spread. etc means on the the info panel do you guys follow that. thanks D
  • #19,157
  • Jul 21, 2010 9:21am Jul 21, 2010 9:21am
sry for the miss unterstandin miss pips.
I try to keep it simpel but its very difficult to get what i think to the paper
I start mt4 and have my window open on TF m1 with the 2 x 4mtfs for the trix and 1 x 2 for cloud.
So now when i scroll back i just can scroll back on my m1 for 750 candel until the mtfs get wrong?
So when i look at my Mtf for example at the candel 650 the mtfs are right and show exactly what there have been for a situation ?
Where can i check how much candels by my setup must be right so where i sea while i have 750 or mayby more?Or is it allways 750 and i couldent change.

What i want to show with the pictures i have the two first pictures and they were just houers back and i have check the trix color and the cloud for this time and the mtf show the right thing thats just an example that the mtf is for hours right for backtest but not for days because after some days or more than +- 12 houers there wont be any trix anymore so the mtf dont know what was the situation so it get false.So when the trix end after soem houers or days on the m1 the backtest get false is it right?
Forget the last picture i was a false example
I hope i could explain my question now
  • #19,158
  • Jul 21, 2010 9:31am Jul 21, 2010 9:31am
Quoting arunsideas
Hello friends..

Now new version of MTF Trix Recoded V2 have following options

1. Wont Redraw
2. Can use any Time Frame.
3. Vertical Lines present to view the recent Histo color change.
4. Trix Values (both fast and slow) and Previous Trix values available.
(It can be used to avoid sideways market. eg: Histo value greater than five gives some good pips)
Looks Great, Please share ur indicator n template also the great rules.

waiting it..
  • #19,159
  • Jul 21, 2010 9:34am Jul 21, 2010 9:34am
When you open your mt4 you cant use the mtf trix histo for backtesting. That is because when it is added after the fact (instead of watching the trix in realtime) it doesn't know what happened inside a 15 m bar(for example) just how it closed. For example if you already had Mt4 open and were watching a 15m fast row on a 1 m chart live, the 15 m fast trix might have been green for 5 bars, then red for 5 bars, then green for 5 bars and closed green. So that's what you'd see in the 15 fast row on the one minute chart -5 green bars, 5 red bars and 5 green bars.

But if you now add another copy of the trix histo after that 15 minute bar has closed you will see that all the 15 1m bars that make up that period are green (and of course if you check on the 15m chart you will see that the 15 f trix was green too so it will look like the trix histo was accurate. But if you had been trading you might have made a trade based on one of the red bars. That doesn't mean that wasn't accurate - because if you had looked at the trix itself in real time it would have been red then even though it subsequently closed green.)

And I am leaving aside here the problem that the trix itself sometimes repaints one bar back after that bar has closed. This happens when it has been flat (for example) but closed green, and then if the next bar is strongly down, sometimes it will go back and repaint the closed green bar red (or vice versa of course). But the trix histo that you had open in real time on the 1m chart will still show those bars green. This is a problem of the trix itself and not of the histo.

If you leave your mt4 open continuously the most that it can be accurate is up to the number of bars specified in the TrixNumberofBars parameter. I'm not sure which version you have - only the later versions of the Swiss Army histo have that option. I don't know how many bars are specified in the trix histo that came with THV V4 - I didnt compile it myself.

Quoting base
sry for the miss unterstandin miss pips.
I try to keep it simpel but its very difficult to get what i think to the paper
I start mt4 and have my window open on TF m1 with the 2 x 4mtfs for the trix and 1 x 2 for cloud.
So now when i scroll back i just can scroll back on my m1 for 750 candel until the mtfs get wrong?
So when i look at my Mtf for example at the candel 650 the mtfs are right and show exactly what there have been for a situation ?
Where can i check how much candels by my setup must be right so where i sea while i have 750 or mayby more?Or...
  • #19,160
  • Jul 21, 2010 10:32am Jul 21, 2010 10:32am
Hi ARUNSIDEAS, what indicators use in that picture ?. and what TPL use too ?

I see trix 0M, 5M and 15M EURUSD, but i donīt find in this treath that indicators, please can you help me ?

Juan Xavier


Quoting arunsideas
Hello friends..

Now new version of MTF Trix Recoded V2 have following options

1. Wont Redraw
2. Can use any Time Frame.
3. Vertical Lines present to view the recent Histo color change.
4. Trix Values (both fast and slow) and Previous Trix values available.
(It can be used to avoid sideways market. eg: Histo value greater than five gives some good pips)
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