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THV MTF EA beta testing

  • #3,241
  • Sep 20, 2010 6:49pm Sep 20, 2010 6:49pm
Tread thou not there showed. I mean there where a circle on Trix. not where you drew arrows
  • #3,242
  • Sep 20, 2010 7:10pm Sep 20, 2010 7:10pm
The arrow show the Dotted Lines. The circle is above it, so the trade would not be taken. This way you can avoid late entries
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  • #3,243
  • Sep 20, 2010 7:16pm Sep 20, 2010 7:16pm
now clear. Thanks Tread.
  • #3,244
  • Sep 20, 2010 7:30pm Sep 20, 2010 7:30pm
Tread how I can use it - FastTrixZeroLevel? if you can show me an example with image
  • #3,245
  • Sep 20, 2010 7:36pm Sep 20, 2010 7:36pm
Tread more question, if possible. If I put the Trix OverBought / Oversold = 2000 then the adviser would buy here?
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  • #3,246
  • Sep 20, 2010 7:40pm Sep 20, 2010 7:40pm
Yes it will Buy there, because it expect the market to move up.
  • #3,247
  • Sep 20, 2010 7:40pm Sep 20, 2010 7:40pm
and what should I do that would be left to the advisor of the sale to oversold?
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  • #3,248
  • Sep 20, 2010 7:45pm Sep 20, 2010 7:45pm
Thread your help is worth more than money. when I become a millionaire to buy you a plane. will arrive on a visit
  • #3,249
  • Sep 20, 2010 7:46pm Sep 20, 2010 7:46pm
For Exit you would need to use the second digit on the entry

So for example the FastTrixDirection = 2000 you would use 2200 this would mean exit.
  • #3,250
  • Sep 20, 2010 7:50pm Sep 20, 2010 7:50pm
like so Trix OverBought / Oversold = 2200?
  • #3,251
  • Edited 4:10am Sep 21, 2010 4:00am | Edited 4:10am
i think i found "the settings" of the settings . sl is 20 pips. 15% gain a day (deposit 500 and lot size 0.10). drawdown 7%, but pssssssttttt.... i will backtest later if i come back home from office. set file need a little bit more optimizing. i will test with 99% mod. quality. but it takes so long (i'm doing it in visual mode for optimization). At first for a week, then for a month. and then forward testing.

thanks tread.

i will post later...
  • #3,252
  • Edited 9:52am Sep 21, 2010 9:21am | Edited 9:52am
Quoting ozma
and what should I do that would be left to the advisor of the sale to oversold?
Hi tread,

referring to post 3247

thanks for your continous contributions - much appreciated. Do you know how we can exit the trade if we are in a short position and the fast trix changes from red to green AND is in the oversold area

Tired the:
fasttrixdirection = 2200
trixoverboughtoversold = 2200

when these two exit requirements stated above is 2200 it should be AND and not OR I assume - both conditions should be met (in the oversold area AND fast trix going from red to green)

When I apply the above two settings many times my first exit will be with the exit text: "trix overmarket" eventhough both the fast and slow trix is not in the overbought or oversold area at all

Do we also need to play with "indicatorsexitpriority" and what should the value then be?

thanks
  • #3,253
  • Sep 21, 2010 9:59am Sep 21, 2010 9:59am
Quoting pehn
fasttrixdirection = 2200
trixoverboughtoversold = 2200
that means if fast trix change color (unclosed) buy or sell and exit if trix change color. if trix comes into oversould/overbought buy or sell and exit if trix comes into ob/os. try again.
  • #3,254
  • Sep 21, 2010 10:38am Sep 21, 2010 10:38am
Quoting derox
that means if fast trix change color (unclosed) buy or sell and exit if trix change color. if trix comes into oversould/overbought buy or sell and exit if trix comes into ob/os. try again.
ok, to put it in another straight forward way; what does it take to exit like the suggested exit posted in post 3247 (and NOT exit before that specific exit)?
  • #3,255
  • Edited 11:46am Sep 21, 2010 11:10am | Edited 11:46am
Quoting pehn
ok, to put it in another straight forward way; what does it take to exit like the suggested exit posted in post 3247 (and NOT exit before that specific exit)?
try: fd 2010 and fobos: 0110

but i don't tested it yet my concentration is the best at moment.
  • #3,256
  • Sep 21, 2010 11:24am Sep 21, 2010 11:24am
Quoting pehn
Hi tread,

referring to post 3247

thanks for your continous contributions - much appreciated. Do you know how we can exit the trade if we are in a short position and the fast trix changes from red to green AND is in the oversold area

Tired the:
fasttrixdirection = 2200
trixoverboughtoversold = 2200

when these two exit requirements stated above is 2200 it should be AND and not OR I assume - both conditions should be met (in the oversold area AND fast trix going from red to green)

When I apply the above two settings many times my first exit will...

hi Pehn

The Exit conditions are "OR" based only.

You can use a fast trix change direction to trigger and exit, but this will happen regardless of where it is (inside or outside the OBOS zone). For exiting the extreme I would use the fast trix from the higher TF .

As an example MTFTrixDot7 = 010M15 if I am on the M5 Chart
  • #3,257
  • Edited 12:01pm Sep 21, 2010 11:46am | Edited 12:01pm
tread, can you check something for me:
i change trix hot to 0.7 but i think it use 1.2 instead. if i cancel visual backtest, i see two trix indicators first with 1.2 and second with 0.7. it seems so that the ea is using the first one. all other conditions for entry are meet. and please explain again: 0020 setting for prerequiste. for example slow and fast "muste have" (2020) the same color for entry before trixcross (2000), but it works only with ignored (2010). or must i set fast and slow to 0020? thanks
  • #3,258
  • Sep 21, 2010 12:03pm Sep 21, 2010 12:03pm
Quoting Tread
hi Pehn

The Exit conditions are "OR" based only.

You can use a fast trix change direction to trigger and exit, but this will happen regardless of where it is (inside or outside the OBOS zone). For exiting the extreme I would use the fast trix from the higher TF .

As an example MTFTrixDot7 = 010M15 if I am on the M5 Chart
Excellent and thanks for your feedback Tread.
  • #3,259
  • Sep 21, 2010 12:16pm Sep 21, 2010 12:16pm
Quoting derox
try: fd 2010 and fobos: 0110

but i don't tested it yet my concentration is the best at moment.
Thanks derox,

If I get your message : fobos means FastTrixOverboughtOversold and the settings of 0110 means entry will be ignored for defined obos level and exit will be handled when fast trix crosses defined obos level with closed candle and currrent timeframe

Your fd = 2010; do you mean FastTrixDirection for entry only with no closed candle and fresh signal not required? FastTrixDirection for exit is ignored? Correct?

Thanks
Per
  • #3,260
  • Sep 21, 2010 12:24pm Sep 21, 2010 12:24pm
Quoting derox
try: fd 2010 and fobos: 0110

but i don't tested it yet my concentration is the best at moment.

@tread: can you check for me something:
i change trix hot to 0.7 but i think it use 1.2 instead. if i cancel visual backtest, i see two trix indicators one with 1.2 and second with 0.7. it seems so that the ea is using the first one. all other conditions for entry are meet. and please explain again: 0020 setting for prerequiste. for example slow and fast "muste be" (2020) the same color before trixcross (2000), but it works only with ignored (2010)....

The trix pulls the correct hot value. I have not been able to unload the previous trix from the EA, I think because the deafult indi is 1.2. But a backtest using the different hot give diff results, so im failry sure it works.


The fresh signal works based on the comparison of the indicator behavior on the previous candle and the current candle.

Let use the Fast Trix as the only Entry for Signal As a test, all other inputs have been removed

Notice

0 = Give a new entry only when Trix changes Color.... i.e you will not get two buy trades or sell trades on the same trix leg ..... only if the trix changed state (log, then short) would it give signal

1 = The EA entered immediately based on the color of the trix, it did not compare the last state of the trix

2 = The EA only entered on Fresh changes of the Trix Direction

Now the system uses the fresh signals under a Group Condition

Where the complexity arises is when the you mix the cross and the zero level into the equation, then you get a an almost infinite permutations to play with.

My Suggestion.... Turn of all inputs .. Try and Get the Trix on the current time frame to behave exactly as you want it. Using the:-

FastTrix
SlowTrix
Cross
ZeroLevel



In the Example you gave

Fast xx2x
Slow [xx2x
Cross xx2x

will not work, because the previous trix are required to be fresh anf the cross, which means you want the SLOW and FAST and CROSS to all occur at the same time.

It is more ikely for the Fast and Slow to happen the same time (most times the Slow is already in place and you need the Fast to get there, which is why the Cross = xx1x works, because you are saying

I want Fresh Fast and Slow and they should have crossed

Since the cross is the most important I would use

Fast 2010
Slow 2010
Cross 1020

Which mean
Always try to enter when Fast and Slow in the Same Direction and The Trix Crossed when the Candle Closed
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