THV MTF EA beta testing

not bad. but it can be seen on the picture that consists of very late

I think you mean late entries? If so that is why we are using the H1 Trix as a confirmation, and a suggestion of using the M15 Coral. This is will increase the probability that a retrace will still keep you in the over direction of the trade.

We may not use this manually, but for the purposes of the EA we need that extra requirement to ensure we trade in a reasonable direction

Tread is certainly correct. but I think that with such a Seth needs a big SL

How do you know when (as far as what time of day) to trade currencies like the CAD or NZD? Is there a chart somewhere that shows when these currencies are being traded?

SL will range about 30 Pips. You can adjust this to BE once you move into profit, also use indicator exits to minimize loss


Trading currency information

http://www.forexfactory.com/showthread.php?t=5425

Thanks Tread. What about pairs not listed in that article like the AUD/CAD?

Well my rule of thumb is geographical, AUDCAD would trade on the US and Sidney Session..... use the same logic for all pairs

Tread. explain me a simple ingredient please. THV wonderful system. THV EA excellent advisor. so why is not no one working sets?

Because THV requires a high degree of overall forex knowledge. The rules are simple, but taking the entry is not.

What we are trying to do is take the core rules and other general concepts like support and resistance, volatility, momentum and merge in a totally mechanical solution.

As can be seen those new to forex trying the THV system inevitable fail. It is only by practicing does the begin to work.

But ask yourself this question, why does it only work after you practice? A mechnical system should work regardless of experience. What this translates to, is that as the trader becomes aware of the bigger picture, of cause and effect, then the THV rules truly become that simple.

I can trade using the basic rules only, no need for adx, damani, rainbow, laguerre, but the pursuit of this EA is to totally mechanize the THV. And until i can get the nebulous factors defined the EA that never be truly profitable.

Cobra echo'd this sentiment in some post a while ago. Im hard headed, at some point I will get it to work

as adviser can not work? If so, why and for whom it programmed?

Tread is not easier to make one working set than more and more versions adviser?

This started out in an effort to automate THV, that is why the thread has always been BETA.

One can continue to work on the old version. But after 3 months of trying that version, once has to conclude that we need additional filters.

Note that your old set files will still work.. just import it in to continue developing your own set file. You just have 2 more options if you want to use them

I have been very successful doing it manually, but the breath of knowledge required to duplicate in the EA is staggering.

All that being said, I have been having some success with the new parameters and filters ... the statement posted earlier was from just trading this morning a 26% increase in the account, and now in the afternoon session see attached for trades that the EA has taken

Tread I also trades on THV manually, and not quite bad when you have the patience to sit and wait for the signal.
BUT scalping is very tense and nervous work. I am a bit older than you and tired already. so I'm trying to create a working set. not yet obtained.

I have very different results. what is set?
may have no indicators Damiani and ADX?

lol that is weird ...the pairs are not even matching up. I am using the default setting on the final version. I will implement the tweaks later to see if i get a better result

FXCM is my broker.

Two Pair there the GBPNZD and EURNZD is a definite no when it comes to the autotmatic scalping, spreads are like 19.

ok. I just put on all pairs. and the time for bidding is now bad. night. we'll see tomorrow. I have a chart on why it is not written that the adviser uses ADX and Damiani. Why?

Here is an open transaction

just enable this,..

http://upload.kapanlagi.com/images/t...51e04955-t.jpg

Tread not know what to say ...

I would suggest that you give Seller9 Indicator a try, they are having a lot more success with it there.

This will be in BETA for a while

I'm trying Seller9 Indicator. but yesterday and today signals were either at night or after the closing of NY