THV MTF EA beta testing | Page 151 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV system, final edition 26,001 replies

MTF Stochastics into MTF Stoch Histogram 8 replies

THV ind 8 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

THV RSI_V2 with Alarms --- need help! 6 replies

Attachments: THV MTF EA beta testing
Exit Attachments

THV MTF EA beta testing

  • #3,001
  • Aug 27, 2010 12:32pm Aug 27, 2010 12:32pm
just to confirm.

takeprofit1type=1
takeprofit1=4

does this mean 4 pips? reversing the entries seem to worked however the take profit is not closing the order based on this settings.

someone asked me why i reversed it. Based on what i see on my forward test the range in the 1M timeframe and the trend it makes is not that high. The moment a buy signal is triggered it's already at the peak of the trend (atleast at 1M). obviously this is just to test the haunch. The set file needs a lot of tweaking and hopefully everyone could contribute a good entry and exit parameter. This is what the thread is about.
  • #3,002
  • Aug 27, 2010 12:42pm Aug 27, 2010 12:42pm
takeprofit1type=1
takeprofit1=4

the 1 for the takeprofit1type mean that the value under the takeprofit1 is now ATR Based.

When the order is placed ...look to the top left corner of the chart, it will tell you what your take profit level. This type of setup keeps profit taking dynamic, so you can maximise profit.

However, if you want a static value for take profit

takeprofit1type=0
takeprofit1=4

Now the trade will close when 4 pips profit is hit
  • #3,003
  • Edited Aug 28, 2010 11:01am Aug 27, 2010 1:03pm | Edited Aug 28, 2010 11:01am
Folks

Here is the latest version 1.132

New so far since version 1.12:

1. Damiani Volatmeter - As a Filter
2. ADX_3 - MTF As a filter

This EA has basic setting and is not configured to any timeframe. Two preset files:-

THV132_M1
THV132_M5

Is stored in the Experts "" Preset folder, use this a basis to build. To access the presets:-

1.) Drag EA to Chart
2.) Choose Load
3.) Default Location is the Preset Folder, Choose the Setfile version you want
4.) Then Ok

Still not IN

3. Laguerre RSI
4. Weekly Pivots
5. Monthly Pivots

But did not want to delay any further.

Will follow up once testing is complete.

Notes on usage

DO NOT USE ON A LIVE ACCOUNT

Tweaks

1. Use the Coral from a Higher Timeframe to use that as the trend
2. It would be a good idea to use the EntryCandleMaxATR, so you will not open a trade on a very Long Candle
3. Use the ATR Suggest StopLoss and TakeProfit, this will allow the EA to automatically adjust the SL and TP to market conditions
4. Use the Trade Session Hours to turn on the EA to trade the Pairs that is specific to the Sessipn. Ideally Each Pair is active in 2 Session.
5. Trade with the Trend
6. The Higher TimeFrames are easier for the EA to be profitable on
7. Turn of the EA on Friday @ 12PM EST, and let existing trades run until TP or Sl hit

Updates

1. Better ADX_3 Logic


Attached is an excerpt for the trade of the M1 Setfile.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-27_1236.png Size: 43 KB
Attached File(s)
File Type: zip THVv1.132.zip   787 KB | 4,333 downloads
File Type: pdf THV EA v1.32 user guide.pdf   763 KB | 5,377 downloads
  • #3,004
  • Aug 27, 2010 4:26pm Aug 27, 2010 4:26pm
Great work Tread.

Quoting Tread
Folks

Here is the latest version 1.132

New so far since version 1.12:

1. Damiani Volatmeter - As a Filter
2. ADX_3 - MTF As a filter

This EA has basic setting and is not configured to any timeframe. Two preset files:-

THV132_M1
THV132_M5

Is stored in the Experts "" Preset folder, use this a basis to build. To access the presets:-

1.) Drag EA to Chart
2.) Choose Load
3.) Default Location is the Preset Folder, Choose the Setfile version you want
4.) Then Ok

Still not IN

3. Laguerre RSI
4....
The Kamakazi
  • #3,005
  • Aug 28, 2010 2:42am Aug 28, 2010 2:42am
Testing NOW.

Quoting Tread
Folks

Here is the latest version 1.132

New so far since version 1.12:

1. Damiani Volatmeter - As a Filter
2. ADX_3 - MTF As a filter

This EA has basic setting and is not configured to any timeframe. Two preset files:-

THV132_M1
THV132_M5

Is stored in the Experts "" Preset folder, use this a basis to build. To access the presets:-

1.) Drag EA to Chart
2.) Choose Load
3.) Default Location is the Preset Folder, Choose the Setfile version you want
4.) Then Ok

Still not IN

3. Laguerre RSI
4. Weekly Pivots
5. Monthly...
Always Learn,..
  • #3,006
  • Aug 28, 2010 4:52am Aug 28, 2010 4:52am
One week trading
Attached Image (click to enlarge)
Click to Enlarge Name: Statement.png Size: 10 KB
  • #3,007
  • Edited 7:31am Aug 28, 2010 5:51am | Edited 7:31am
Hello to all,

I've a question, in .set file, PriceCrossCoral and PriceCrossIchimoku inputs are not bool but are coded ( 0000 or 1010 or....).
Why?

Excuse me for my poor english.

JJ

OK!
Solved in THV EA V0.9 user guide.
I'm sorry.
  • #3,008
  • Aug 28, 2010 11:02am Aug 28, 2010 11:02am
Quoting jjgengis
Hello to all,

I've a question, in .set file, PriceCrossCoral and PriceCrossIchimoku inputs are not bool but are coded ( 0000 or 1010 or....).
Why?

Excuse me for my poor english.

JJ

OK!
Solved in THV EA V0.9 user guide.
I'm sorry.

My fault.... forgot to upload it, see this post for latest

http://www.forexfactory.com/showthre...25#post3983125
  • #3,009
  • Aug 28, 2010 12:51pm Aug 28, 2010 12:51pm
Tread thanks for the new version. but there are new questions. I'm still not tired?
  • #3,010
  • Aug 28, 2010 1:37pm Aug 28, 2010 1:37pm
ADXMultiplier

is not clear how value recommended
  • #3,011
  • Aug 28, 2010 1:56pm Aug 28, 2010 1:56pm
Quoting ozma
ADXMultiplier

is not clear how value recommended
Start with a value of 1 and test for obtain best value, typically use same values as the ATR.
  • #3,012
  • Aug 28, 2010 1:58pm Aug 28, 2010 1:58pm
Folks

I will be away on 2 weeks vacation from tomorrow.Will check in time permitting.
  • #3,013
  • Aug 28, 2010 2:09pm Aug 28, 2010 2:09pm
well vacation
  • #3,014
  • Aug 28, 2010 2:24pm Aug 28, 2010 2:24pm
Tread means that you can try 25? as ATR?
  • #3,015
  • Aug 28, 2010 2:35pm Aug 28, 2010 2:35pm
I said it uses the same value as the ATR... ATR values for the multiplier are in the range of 1 - 5.

All these settings are simple to test, just do a back test for the before and after to see how the setting affects the trading
  • #3,016
  • Aug 28, 2010 6:44pm Aug 28, 2010 6:44pm
Quoting ricmi
One week trading


Ricmi

Was your backtest based on the default
Sets or customised set?
The Kamakazi
  • #3,017
  • Aug 29, 2010 2:12am Aug 29, 2010 2:12am
This is not backtest.If I can advice you,do not waisting your time with bactesting.And yes,customized setup,of course.
  • #3,018
  • Aug 29, 2010 7:24am Aug 29, 2010 7:24am
Ricmi,

Would you be so kind as to share your customised set please.

Thanks
  • #3,019
  • Aug 29, 2010 8:05am Aug 29, 2010 8:05am
Quoting ricmi
This is not backtest.If I can advice you,do not waisting your time with bactesting.And yes,customized setup,of course.

Cool. what settings did you change?
The Kamakazi
  • #3,020
  • Aug 29, 2010 8:50am Aug 29, 2010 8:50am
Do not let that discourage you the following words, but before you begin to configure ea,you should be at least 6 months using THV manually and create you own THV method which could create a good setup for EA.Do not allow to become dependent on some other traders.
Cheers
2 traders viewing now