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THV MTF EA beta testing

  • #3,201
  • Sep 17, 2010 1:24pm Sep 17, 2010 1:24pm
Quoting letsarb
As said previously, it seems that there is a problem with Trading session but only when you use more than one takeprofit.
I colored in yellow a few trade that have no reasons to be taken according to me. There are totally outside from trading session period. All that I see is that there are taken just after a partial close is done. It is like if the process need to substitute the partial close lot by a new one.
I am really sorry if I missed something but it seems very strange if you look for example at 26 Januar and all these trades...
It would...
I just looked at your statement.

Your entry lot size is set to 1 lot it appears that the trade is being opened within the correct trading times. Note that the EA will manage existing trades outside of the session and not open new trades.

The misunderstanding is occurring when you system takes profits, PartialTP1=35 closes 0.4lots of the original order. So 0.6 lots remains in the trade.

In the journal, it would appear that the a new order is opened outside of the trade session, however this is how MT4 processed the remaining trade lots.

Looking at trades you highlighted, the new trades(for the remaining order) are always opened the same time that the partialTP is taken from the original order.

Most importantly tho, If the EA was opening new trades out of session these trades would be 1lot in size.
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  • #3,202
  • Sep 17, 2010 1:33pm Sep 17, 2010 1:33pm
Hello Comrade,
I quit trading 2 years ago after several unsuccessful effort to make profits
I have come back for help
Can any one advise me on a good EA that will work and give 20% monthly
Or Can someone help me code an EA
  • #3,203
  • Sep 17, 2010 1:44pm Sep 17, 2010 1:44pm
Thanks a lot Tread.
So if it is due to MT4 process, and as someone already said in this thread, I can live with that.
I will try to manage best as possible.
About DV, I already tried a few days ago what you suggest and unfortunately I could not find the same results (maybe du to OB/OV values and so on)
So many test to perform, I will try again later.
  • #3,204
  • Edited 5:34pm Sep 17, 2010 5:16pm | Edited 5:34pm
During backtest i get "Custom indicator 'Damiani_volatmeter v3.2 EURUSD,M5': shortname is too long" and before i get "Damiani_volatmeter v3.2 EURUSD,M5: zero divide" errors in the journal after the indicator was loaded sucessfully. Anyone an idea? Doesn' work in backtesting?

greetz, derox

EDIT: very strange. i'm started the mt4 platform again and the error seems to be gone...
  • #3,205
  • Sep 17, 2010 5:47pm Sep 17, 2010 5:47pm
Happens when you do not have enuff bars in the history. F2 and download the history or open the chart and "page up" to scroll back the back and load up the short term history ... about 2000 bars
  • #3,206
  • Sep 17, 2010 8:50pm Sep 17, 2010 8:50pm
Quoting Tread
Happens when you do not have enuff bars in the history. F2 and download the history or open the chart and "page up" to scroll back the back and load up the short term history ... about 2000 bars
i still not understand bout the fresh signal for 1-not requried, 2-prerequiste cause if not required we can just put 00 on the entry n exit right?and also wats the meaning of prerequiste if i use it can u gif me an example
  • #3,207
  • Edited 7:13am Sep 19, 2010 5:49am | Edited 7:13am
hey tread, thanks for previous answer. in version 1.32 PartialClose seems not to work for me, or i'm to stupid. settings are:

order:
TakeProfit1=15.00000000
TakeProfit1Type=1
TakeProfit2=30.00000000
TakeProfit2Type=0

EDIT: ok, it works now if i change profit1type to 0. but for what is this standing for? i can't find something in manual.
best regards, derox
  • #3,208
  • Sep 19, 2010 8:27am Sep 19, 2010 8:27am
Quoting derox
hey tread, thanks for previous answer. in version 1.32 PartialClose seems not to work for me, or i'm to stupid. settings are:

order:
TakeProfit1=15.00000000
TakeProfit1Type=1
TakeProfit2=30.00000000
TakeProfit2Type=0

EDIT: ok, it works now if i change profit1type to 0. but for what is this standing for? i can't find something in manual.
best regards, derox
The 1 (TakeProfit1Type) means that the 15 in the Takeprofit1 becomes a multiplier by the ATR Value.. Typically this will be in the range of 1 - 5. and yeild pip values between 7 and 60pips for the 5M time frame. So you could be setting yourself some high Pip values depending on the market volatility

"0" means use the value in the Takeprofit as a pip value, so in the above example the system will use 30pips as the second takeprofit.

Ideally you want to use the Fixed TP as your 1st take profit and the multiplier setting for the second the value, as this will allow you to cover your risk and catch the runners.
  • #3,209
  • Sep 19, 2010 9:00am Sep 19, 2010 9:00am
Hi Tread
I need your help.
Here is my set, and here is a picture.
why the deal happened so late?

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  • #3,210
  • Edited 10:14am Sep 19, 2010 9:19am | Edited 10:14am
hey tread,
do you remove the martingale setting? i know its very dangerous, but for testing it will be welcome. one question: the mtftrixdot1 till 4 is for fast and 5 - 8 for slow?
thanks again,

derox
  • #3,211
  • Sep 19, 2010 9:32am Sep 19, 2010 9:32am
bout the fresh signal for 1-not requried, 2-prerequiste ,if not required we can just put 00 on the entry n exit right?and also wats the meaning of prerequiste if i use it can anyone gif me an example?

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  • #3,212
  • Sep 19, 2010 9:42am Sep 19, 2010 9:42am
Quoting ozma
why the deal happened so late?
in your screenshot you have adx indi with period 12. in your set file you have 14 for adx and level 25. is that right?
  • #3,213
  • Sep 19, 2010 9:47am Sep 19, 2010 9:47am
do anyone has the basic setup which just purely follow thv trading rule? i would like to refer it cause im not so sure on my setup whether its right or wrong..can anyone attach the set file here?
  • #3,214
  • Edited 10:53am Sep 19, 2010 10:29am | Edited 10:53am
Quoting ozma
Hi Tread
I need your help.
Here is my set, and here is a picture.
why the deal happened so late?

Your Trix Cross is set to a higher time frame. Remember what ever happens on a lower timeframe is bulding the larger timeframe, as a consequence of this you are in effect trading a 15min timeframe

You should use trixcross - 202M1.

Oz... Check your PM
  • #3,215
  • Sep 19, 2010 10:33am Sep 19, 2010 10:33am
Quoting stan88
i still not understand bout the fresh signal for 1-not requried, 2-prerequiste cause if not required we can just put 00 on the entry n exit right?and also wats the meaning of prerequiste if i use it can u gif me an example

an example ..... if i only want to trigger a trade when the Trix Cross, which represents a higher trade probability, then I would use the "2" as a prerequiste, otherwise i would leave it @ "0".
  • #3,216
  • Sep 19, 2010 10:36am Sep 19, 2010 10:36am
Quoting stan88
do anyone has the basic setup which just purely follow thv trading rule? i would like to refer it cause im not so sure on my setup whether its right or wrong..can anyone attach the set file here?

There are host of setfiles in this thread that do it, you would need to search. however I would suggest that you so this for yourself, since it is a basic requirement (to trade the thv method) and will help tweaking.

Also remember only a very few have been able to trade this ea successfully. I still use this semi-automatically
  • #3,217
  • Sep 19, 2010 10:39am Sep 19, 2010 10:39am
Quoting derox
hey tread,
do you remove the martingale setting? i know its very dangerous, but for testing it will be welcome. one question: the mtftrixdot1 till 4 is for fast and 5 - 8 for slow?
thanks again,

derox

Each one can be set individually

go the this section:

ePeriod1Type=1
ePeriod2Type=0
ePeriod3Type=1
ePeriod4Type=1
ePeriod5Type=1
ePeriod6Type=0
ePeriod7Type=0
ePeriod8Type=1

1 = Fast and 0 = Slow.

Yes the martingale was removed, it may be reinstalled in future version.

This is a money management section that allow you to scale up your entries. Check manual for further details
  • #3,218
  • Sep 19, 2010 11:26am Sep 19, 2010 11:26am
good start
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  • #3,219
  • Sep 19, 2010 11:27am Sep 19, 2010 11:27am
Quoting derox
in your screenshot you have adx indi with period 12. in your set file you have 14 for adx and level 25. is that right?
I have not decided what better
  • #3,220
  • Sep 19, 2010 11:56am Sep 19, 2010 11:56am
Quoting ozma
good start

Profit is always good, just keep looking of the RISK, or drawdown
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