THV MTF EA beta testing

All Thanks goes to Xux, note, there are some aspects that are calculated regardless, such Trix, Ichi, ATR and ADX (these are fundamental). The monster is really in the Trix and it's MTF use.

However, the patterns features once not selected, will not load the processing.

Hi Thread,

I found a problem in backtest.EA 1.10
checked in some loss trade,try to filter the trade.For example,I tried to set trixdirection 201M30,seems it's ok. However I've already used fasttrixdirection and slowtrixdirection as 'trend'. So I tried to set MFTTRIXDOT 201M30,it's failed. What's the diffrence between the two?

in order to make more clear,you can see my attached set file and details.
it's one of my fail traders.

Midi

Please post ur set file, I will take a look at it.

Typically the setting for the Slow Trix and Fast Trix would be 2000

in the MTF section you would specifiy the time frame for the Dot and in the ePeriodType you would specify the speed.

If you use the Slow and Fast Trix set to 201M15 you are telling to EA to disregard the Trix on the current Chart, thus it would lead to bad trades being taken

http://img716.imageshack.us/img716/7...1007290049.png

http://img405.imageshack.us/img405/1...7290052001.png

http://img819.imageshack.us/img819/1...1007290041.png

Hi Thread,

I just update my post,would you pls find more details in the attachments?

Thanks a lot!

Looked at the file, are you trading on the 5m Chart? I made some changes to it based on a 5m Chart

I saw that you had the H1 selected in the MTF section already, so , no need to specify it under the fast trix entry, as the EA will simply calulate twice

I also added the ADX filter - 25.

When using TRIX it is to be noted that it repaints itself to a certain extent (typically 1 bar)

What you are seeing is the final "settled" position after the entry. IT may have been higher and then "retraced" to it final state. If you noticed the Trix was almost horizontal at those moments.

Attached is the TRIX MTF (coded by MissPips) that allow you to draw all the Trix TF on the same charts trying adding all the Trix to one chart and backtest to see the colors changing.

Some comments on your set up, having all those entries in the MTF sections means that they all have to be satisfied for a trade to be taken, with so much criteria, you will get a small amount of trades per week. If this is the case you should switch to operating on a higher TF (H1 or H4) so as to maximise your PIPs from so few trades. Typical THV requires only about 6 Trix entries overall.

Hi Thread,

Thank for your timely reply.
Actually,I previously trade on H1. I want 1-2 trades per day,and expect safe. Due to Trix problem,this's also why I'm back to M5 and try to solve the problem. (by the way,you suggested to work on H1 or higher,would u pls comments what's the difference of the performances between working on m5 and H1 with same set ref?)

you attahced *.ex4 file show nothing on my chart,would you pls comment:
1)what's it?
2)how to use of it?

I'm testing revising set by your suggestion,will let you feedback later.

hi Midi

You should open a chart on the lowest time frame you want the trix on. Then apply the indicator. Set the indicator properties to draw the time frame trix

so you would enter 60 to draw the H1 Trix on the M1 Chart. this is so that once you are back-testing (or foward), you can see the true behaviors of the trix's simultaneously.

Side note

The EA actually calculates the values of the TRIX internally and is not dependent on the MTF indicators at all, these are purely for visual reference. Since the calculations are exacting, the EA will open/close orders based on its own calculation. The released templates have be sync'd to the internal EA parameters so that they appear to be symbiotic, however this is just visual.

Working of the higher TF:

You have bigger stoplosses to work with, unless the entry are perfect, it is unlikely that the SL for the 5M will work for the H1, in manual operation it may work, but using the EA you should use larger SLs'. Typical 3xATR is a good starting point. on a 5M - a suggested SL would be 15 - 30 and a H1 45 - 75.

However, trading on the H1 and H4 in the direction of the trend you have higher probability of successful trades (adhering to rules).

for H1, i would suggest Trix from:

1M(F and S)
30M(F)
H1(f and s)
H4(f)
D1(f) - optional

and the M5

1M(F and S)
5M (F and S)
30M(F)
H1(f and s)
1M


At the end it more up to personnel preference and financial risk.

Using the SAME set to work of the either 5M or H1, depends on where you place the Chart, if you have a H1 set on a5 minute that means that new trades are executed every 5 mutes, so if a trade takes profit or stops out, you wait 5 minutes and you can then execute again. Placing the EA on an H1 Cahrt means that in this situation you would have to wait 60mins for the new candle(Entry).

On pages between 160 to now a member had been trying this method and had posted a set file that looked very promising.

hi Thread,

it's pretty nice of your explanation.Have a good day!

BTW,the *.ex4 seems not work. I'm trying...

I have been working on a set for this amazing EA...you huys really know what you're doing!

I want to run EA 1.11 on the M1 but I want it to check the ADX level from the H4...is that possible?

Thanks...hoping for a good answer!

Brett

Hi brett

Not in this version, later version will have this. A quick workaround

Change your settings to end in M1 and then place on the H4 Chart so it picks up the ADX H4 Level


eg instead of Fast trix being "2000" on the M1 Chart ..... try "200M1" on the H4 Chart

Tread,

I had thought of that before and tried but it does not give same results. It acts like it only trades once (maybe twice) per 4 hour candle. On the M1 it trades much more and better results. Any thoughts?

Again, thanks for all you and the team have done.

Brett

No ideas, but this weekend i should be releasing ver 1.12 for testing it will have this as an option.

Sounds great! Looking forward to testing it!

Brett

I've been trading and testing time with the THV version 1.0 and trying to download version 1.11 from the link I get a file attachment.php

How do I download the correct file. Ex4. I ask that tells me I'm doing wrong. I also can send the settings that best EA has worked so far with the new version 1.11?

Thank you for your good work.

Dear colleagues: I've been watching this EA and it really is very good. I thank all the people who put their effort and their time at the disposal of anyone who wishes to access experience. That said I have to say that I miss greater coordination of information. A systematization that makes such information is utilized to the maximum.
I can not find a configuration of the EA THV 1.1 for different pairs and time frame, for my part I downloaded version has given me the best results in EU M1 USD, although the demo test not do as well as in the test strategy .
I have one fairly powerful PC and make it available to anyone who needs it. Programming but I am NOT a good technical analyst and experience that a system is better for having many conditions or indicators. Sometimes this produces an inability to optimize the variables that make the system unworkable.
Do not take my comment as criticism, just want to be helpful and put my experience to provisions for a all.


Estimados compañeros: He estado viendo este EA y realmente es muy bueno. Agradezco a todas las personas que ponen su esfuerzo y su tiempo a disposicion de todo aquel que desee acceder a experiencia. Dicho esto tengo que decir que echo en falta una mayor coordinacion de la informacion. Una sistematizacion que haga que dicha informacion sea aprovechada al maximo.
No encuentro una configuracion del EA THV 1.1 para diferentes pares y time frame, por mi parte la version que he descargado me ha dado los mejores resultados en M1 EU USD, aunque en la prueba demo no vaya tan bien como en el la prueba de estrategia.
Yo dispongo de un PC bastante potente y lo pongo a disposicion de todo aquel que lo necesite. NO se programacion pero soy un buen analista tecnico y se por experiencia que un sistema no es mejor por el hecho de tener muchas condiciones o indicadores. A veces eso produce una incapacidad para optimizar las variables que hacen inviable el sistema.
No tomeis mi comentario como critica, solo quiero ser util y pongo mi experiencia a disposcion de todos.

Hi Pep and Orutura

try downloading from this location for latest

http://www.forexfactory.com/showpost.php?p=3818613

also try using a different browser (firefox) if having problems sownloading, it happens from time to time

Use this set file as a Starter, you will need to tweak it based on your results

http://www.forexfactory.com/showpost.php?p=3834046

Gracias Treat.
Solo una pregunta..esa configuracion que hay en el post que me recomiendas sirve para cualquier par ?
Thanks Tread
Just one question .. that configuration is in the post that you recommend served for any pair?

Yes, it works on any pair, i would recommend using on low spread pairs to start.

Also, please do not trade a live account with this until you are sure it works for you

Gracias Pisar, disculpa mi ingnorancia, ¿cuales son los pares de divergencia baja? Mi anterior experiencia es con futuros europeos y estoy comenzando en Forex.
Tambien queria preguntar por el TF.¿ Sirve la configuracion esa para cualquier time frame?

Thanks Pisar, excuse my ignorance, what are the pairs of low spread? My previous experience is with a European future and I'm starting in Forex.
I also wanted to ask about the TF. Will it help the configuration that for any time frame?

Hi Thread,

I've been observing the 3rd digital of the switch (0000) by '2',but still not clear how does it work.

XX0X need a fresh signal
XX1X not need a fresh ..
XX2X how does it work with? Can I expect a detail of it (with example?)

Would you pls help to clarify?

Looking forward to your reply!