THV MTF EA beta testing

i think 1.11 detecting 4/5 digits itself.
im testing this EA on 5 min and 1h with besic settings
looks ok...

all settings you can get from instruction posted in this thread

Yes this is correct, 2,3,4 and 5 digit autodetection

dear sir,

i'm very glad to say hello to everyone here as fresh.

I paid very concerning on THV EA update. Below are my private suggestion,hope they're helpful on next version.

1)can we have 'trendlinedirection'?
coralline works like the trendline,if it's possible to set a ref as'trendline direction'?

2)about ADX
Already we can use ADX level as a entry starting.But when ADX goes from up to low,how could we do? I think we should expect a new turn of the ADX,means until it falls down,and again from low level to high level. so recalculate ADXlevel might be necessary for a starting of new trade.NO trade expected before a new ADX turn.By the way:
-ADX goes up with D+,D- as a new market starts. Can we use ADX D+ or ADX D- to filter or limit long/shor trade?
-if MAXADXLEVEL is necessary to prevent entry to late? OR 'ADXDIRECTION'?

3)about ATR
Already we have 'MaxcandleATR' to prevent late entry,but can we expect a more flexible one? for example: 'MAXATRLEVEL','ATRDIRECTION'?

4)if we want a fresh sigle for entry,however, several ref. scacely can occur at the same time. In order to get more chance,can we get a ref. to set how long the fresh sigle keeps as a 'fresh sigle'. Belive it can well solve the prolem that the several 'fresh signe' of diffrent indicators can not be happened at the same time.

well...,I'm saying to much,but anyway,hope THV become stronger and stronger!!!

monday on 1H was terrible....

8 loosing trades in a row :/

but this is just a black swan

8 loosing trades is not "black swan",I'd say it's becoming the rule,I'm afraid.1H TF?

Someone kindness please share the great preset..

1H timeframe was great...

2 weeks ago i had 10-15 trades and maybe 4 loosing.

i cant play one 5min coz system open too many trades. Sometimes 10 trades per cross... so i need 10k $ account for 5 pairs. I dont like microlots or nanolots whatever.

the weak part of the system ( not only this) is only SL or TP can really close the trade. i know i can set various settings but this is not that.

BTW i solve the problem with my ATR based SL and TP that was 5-7 pips on 5min charts. The problem was visibleSL and visibleTP set to 1 then ATR was not working.

anyone here using

Hedging set to 1 ?

i have not tried it. is it working for you?

i did not try that...

Now im trying to find best static sl tp for 1h TF

after 2 weeks of testing and analysing my trades one by one i have few reflections

major of trades go opposite direction after enter so at least 40 pips SL is minimum, so 50-60 is optimal. So if we have 60/40 win/loss ratio we need bigger TP (30 is default). Most of the trades ware closed to early. Avrg. possible TP was more then 60.
My idea is to set trailing tp after 30-40pips achieved with final tp around 60-70.

2nd problem im gonna test this week is enlarging position. This is contrary to the golden rule of trading: buy when market is bullish, sell when.... ect. but everybody knows that in FX market after huge move there will be opposite move before new highs/lows.
Thats killing my day when i have 4 long positions on eurusd each few pips higher then prev. one and then some profit taking happends.

there are few solutions.
Open new trade lower then last one ( imo not good idea)
open new trade min pips higher
limiting max trades per day

maybe you have some ideas how to solve this porblem and improve system ?

Hi Falwic

Some ideas ...

Trade in the direction of the 4H candle. If you enter the trade and it goes against you then with a sufficiently large enough SL at least there is a high chance of probability that it will correct it self in the direction of the trend.

It may mean less trades, but i have had good sucess with this. You can even try using the 1H candle also (Use MTF Fast Trix to set this).

I once even tried to use the Daily Candle for the trend, never completed testing tho.


Also try using the ATR setting for the SL. This is working for me, I saw that you fixed your setting on the visible SL and TP. (have you tried testing with a different broker?)

SL - 2
TP - 3
TP Type - 1
SL Type - 1

Also protect your pips in the trade.

Breakeven (BE) and Trailing Stops (TS)

You can use static BE or ATR based I use

BE - 1
BE Type - 1

Trailing Stop = 10
Trailing Stop Type = 0 (here i go with static cause I am greedy and do mot want a high or too low TS)

I am a firm believer in ATR. Static SL, TP, BE and TS may work for others but i have found that the dynamic ability of the ATR is more reliable.


Also the Trailing Stop can be set to activate after a predefined amount of pips. The manual has an example you can try.

Also look at the lock pips feature.

Hello Midimidi

With regards to your questions

1.) -While the trendline is a good idea, the EA allow you to use other indicators as the trend line (use trix on a higher time frame)

2.) - A variation of this is being implemented

3.) - What are the merits of this? I ask this so as to get a clearer idea of what you are trying to achieve.

4.) The entry for each indicator allow you to select if a fresh signal is required or not. Are you using ver 1.11?

i have plently of settings like trailing stop breakeven pivot ect. oposite ignal exit... so many condition for exit...

is it possible to add some comments why the position was closed?

Actually this is built in already, in the 1.0 ver it works well

For some reason this version takes the screenshot before placing the commentary on order, so it is not captured. And removes the exit commentary before the exit snap.

I should have this fixed in the next release ..... hopefully

Hi Thread,

Tks for your reply.Kindly pls find below clarifies:

for 1):
it's one of the good ways to get "trend" on higher time frame by Trix. However, Trix can't be more smooth than coralline.Otherwise,price is under/above coralline we can keep one direction trade,but the Trix can't.
for 3):
'maxcandleATR' can only work under one time frame,and,only care the prevent candle. for example,what should we do,if the attantched condition happens?
-we might prevent entry in the big green candle after 'maxcandleATR' under PREVENT time frame,however,we might not avoid entry for next candle.So I just imagine that we can set in higher time frame the candleATR,or more flexible?
-about the ref. advised:
'maxATRlevel' means we don't entry after this level(BTW,is there any better way to prevent fail entry once ATR goes from high to low?)
'atrdirection' means we don't trade the same direction again after previous entry,once ATR falls...
above just for your ref.

for 4):
i'm using v.1.10. Yes,we can set if we use fresh signal ,or not. But for below condition:
fastslowtrixcross:100M5(101M5)
fasttrixdirection:100M5(101M5)
MFTtrixdot1: 100M1
MFTtrixdot2: 100M5
......
for example(under 100M5 trixcross), MTFtrixdots show entry signal on prevent candle,but 'fastslowtrixcross' the cross already past 2-3 candles.So we can only expect the next fresh cross,as well as the MFT.
Actually two conditions:
- we want entry,but the trixcross just past.if we can set in 2-3 candles the fresh cross signal is still valid? means don't wait for next fresh signal for entry.
-101M5 trixcross might let us entry too late. so if we can set in X candles,the signal is valid for entry.I think it should be better.On one hand,we can catch the recent entry chance;on another hand,we can avoid late entry if we use 101M5.

anyway,pls do not hesitate to ask me if you have any problem.

And still don't know if there's any improvment about Ichi cloud? The entry of present Ichi cloud is not the best strong signal. As we know,there're at least 3 entry signals of Ichi cloud. Can we have choices for these entries?
for example:we want the best strong signal - chinkou sen and price cross the cloud at same time.

One more fresh ideas:
1)can we entry in batchs by diffrent signals?
2)or...,if wick signal we trade small,strong signal we trade by superaddition? still in batchs

expecting your reply,and happy in whole day！

Just a thought.............is there a danger of making this EA too complex so that only the fastest computers will run it?

Hey Tread,

I think it would be great if the Trix Histo would be included in the EA. Like in MissPips SwissArmyMixedHisto. Let me know what you think about this.

Best regards,
Antti Autti

This will be incorporated, but later this year.

There may be a performance hit, Xux has the code as mean and lean as possible not much chance of optimizing there.

But these features will only load it if chosen.

Also is traders are willing to apply the EA to blank charts then the CPU resources drops by 30 - 40%.

I only use the Template for troubleshooting and setup

Tread, I'm only talking about the EA now not the chart on the screen.
If you are saying that if a feature is not used then the EA is not processing and monitoring it then I congratulate XUX and yourself on a neat piece of coding, thanks.