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THV MTF EA beta testing

  • #3,561
  • Jan 23, 2011 9:34pm Jan 23, 2011 9:34pm
Hi Neild

this setting controls the ob/os

TrixOverboughtOversold=1000

if the last digit is set to "0", it uses the current chart timeframe. however if you can specify ob/os level from different timeframes by changing the last digit to M5, M15 etc etc.

Those levels are suggestions only.

I would advise that you place the trix indicator on the pair and observe the turning level.

If i am on the M1 chart, i tend to look the M5 OB/OS level because I want to make sure I am not entering into a situation that may be turning
  • #3,562
  • Jan 23, 2011 9:44pm Jan 23, 2011 9:44pm
Thanks Tread I did recheck the manual before asking the question, thank you for explaining it in more detail.
  • #3,563
  • Jan 24, 2011 2:39am Jan 24, 2011 2:39am
Quoting neild1971
Hi exking thanks for running that for me, don't worry about running the other set file, that was more of an idea I had. I think I am going to go with the small SL and TP like you have and use my above template for manual trading only.

Now the markets are open I will run the EA on a demo account for the next 12 hours. I will share these results with you.
ok I'll show new results too
  • #3,564
  • Jan 24, 2011 3:31am Jan 24, 2011 3:31am
Hi Exking yes I decided to hold off until the ATR was over 10 on the eur/usd, I started the EA on the demo now my set file is a bit different from yours but not much, will also run it for 12 hours and see how we both go. It has taken 2 trades so far up 9.5 pips

FastSlowTrixCross=0000
FastTrixDirection=1000
SlowTrixDirection=1000
FastTrixZeroLevel=0000
TrixOverboughtOversold=1000
TrixOverboughtLevel=0.00010000
TrixOversoldLevel=-0.00010000
MTFTrixDot1=200M5
MTFTrixDot2=200M15
MTFTrixDot3=200M30

StopLoss=25.00000000
TakeProfit1=25.00000000
VisibleTP=25.00000000
BreakEven=12.00000000
BreakEvenType=0
LockProfit=3.00000000
LockProfitType=0
TrailingStop=7.00000000
TrailingStopType=0
TrailingStart=15.00000000
TrailingStartType=0
TrailingStep=0.00000000
TrailingStepType=0
Attached Image (click to enlarge)
Click to Enlarge Name: sofar.JPG Size: 90 KB
  • #3,565
  • Jan 24, 2011 4:34am Jan 24, 2011 4:34am
I have a question,
since v1.134 doesn't have the coral, how can I use the MA's instead? Is there a manual or something?
I want the price above/below coral in 15min, how can I use the MA's instead?
in the first line we have "price cross MA", which MA is referring to? in the MA setting we have 5 MA's and it's written MA-setting-current-period.
would someone please help me.
  • #3,566
  • Jan 24, 2011 4:45am Jan 24, 2011 4:45am
Hello guys!
Plese forgive my newbie question - i'm trying to understand all the options given in this EA, but still most of them are not clear. This topic grew huge and i really cant follow it post by post looking for explanations. So... here it goes (hope i wont get banned for it ): could you plese point me out posts explaining all those things i can setup by my own?

Im interested in forward testing on majors (demo) on a 15m TF with some sort of a percentage TP - lets say i open 3x0,1 lots every time a signal i triggered. After that id like to place a fixed SL for all of them, and move this SL when 1TP hits (for 0,1 lots) to that price and so on.

Maybe im missing something really basic - forgive me that. Thanks a lot!

regards
  • #3,567
  • Jan 24, 2011 4:46am Jan 24, 2011 4:46am
Quoting exking
I have a question,
since v1.134 doesn't have the coral, how can I use the MA's instead? Is there a manual or something?
I want the price above/below coral in 15min, how can I use the MA's instead?
in the first line we have "price cross MA", which MA is referring to? in the MA setting we have 5 MA's and it's written MA-setting-current-period.
would someone please help me.
the manual is attached but it is 1.32 there is not a manual for 1.34 that I know of.
Attached File(s)
File Type: pdf THV EA v1.32 user guide.pdf   763 KB | 1,111 downloads
  • #3,568
  • Jan 24, 2011 4:58am Jan 24, 2011 4:58am
Since the Coral was removed, you can use the "Price Cross MA"featurem just as you would use the PriceCrossCoral. Set MA1Period1 Setting to 60 and MATrend Filter to False.
It is not quite the coral but a close approximation.
  • #3,569
  • Edited 6:45am Jan 24, 2011 5:21am | Edited 6:45am
Quoting Tread
Since the Coral was removed, you can use the "Price Cross MA"featurem just as you would use the PriceCrossCoral. Set MA1Period1 Setting to 60 and MATrend Filter to False.
It is not quite the coral but a close approximation.
I see SMA50 is more like coral, am I right?
How do other MA's (MA2,MA3,...) work?
  • #3,570
  • Edited 5:42am Jan 24, 2011 5:25am | Edited 5:42am
Quoting blazko
Hello guys!
Plese forgive my newbie question - i'm trying to understand all the options given in this EA, but still most of them are not clear. This topic grew huge and i really cant follow it post by post looking for explanations. So... here it goes (hope i wont get banned for it ): could you plese point me out posts explaining all those things i can setup by my own?

Im interested in forward testing on majors (demo) on a 15m TF with some sort of a percentage TP - lets say i open 3x0,1 lots every time a signal i triggered. After that id like...
Hi, You're welcome
read the user guide of v1.132 since the v1.134 doesn't have a user guide, then use v1.134, they are almost the same just the coral is replaced by MA's, but v1.132 may have some bugs. After that if you have any question someone would help you.
Anyway about your question here, if I get it correctly, you can have a position with 0.3 lot then use 3 partial TP for it. For SL you can use TrailingStop, TrailingStart and TrailingStep, I hope I could help you.
  • #3,571
  • Jan 24, 2011 6:04am Jan 24, 2011 6:04am
Quoting exking
Anyway about your question here, if I get it correctly, you can have a position with 0.3 lot then use 3 partial TP for it. For SL you can use TrailingStop, TrailingStart and TrailingStep, I hope I could help you.

Thanks for the hint.
Ill work with that as soon as I find a starting setup for m15 within all those posts

regards
  • #3,572
  • Jan 24, 2011 7:58am Jan 24, 2011 7:58am
Quoting exking
I see SMA50 is more like coral, am I right?
How do other MA's (MA2,MA3,...) work?
See this post for a little more clarification. The THV Thread, i made a lot of post on using the MA's for trading, since it had to be tested before i spent time with the code (Just search for post made by me)


Also see this post by Bert, he had a good set file that was showing a nice profit growth
  • #3,573
  • Jan 24, 2011 8:34am Jan 24, 2011 8:34am
Quoting Tread
See this post for a little more clarification. The THV Thread, i made a lot of post on using the MA's for trading, since it had to be tested before i spent time with the code (Just search for post made by me)


Also see this post by Bert, he had a good set file that was showing a nice profit growth
Thanks Tread, do you know what time-frame bert was working on?
  • #3,574
  • Edited 10:21am Jan 24, 2011 8:46am | Edited 10:21am
I must of made the EA angry, in the first 2 hours it placed 2 trades, for the last 6 hours it has placed no trades, maybe if I sing it a song it may be nice and place a trade.

________________________________

I decided the eur/usd must be lonely so i threw on the other 4 major pairs, and two trades started up but they weren't on the eur/usd
  • #3,575
  • Jan 24, 2011 11:52am Jan 24, 2011 11:52am
Hi Tread, I have a question,
how about if I want to run the same setting on 5min chart?
I have 5min fast, 15min fast, 30min fast, 1h fast, on 5min chart and since the trigger is FastTrixDirection, I think it only takes the trade when all other time-frames are already in order and then 5min trix gets in order, but I want it to take the trade whenever all trixes are in order, no matter which one is first or last, what should I use as trigger?
Thank you.
  • #3,576
  • Jan 24, 2011 12:10pm Jan 24, 2011 12:10pm
For the Trix, MTF order does not matter, only the current state at the time of the trigger.

Currently the only indicator that needs order is the MA's (in that they are stacked i.e. 5 > 13 > 21 etc etc etc.)

For the M5 you would need to set up like:-

FastTrixDirection - 1000 (if you want candle close)
MTFTrixDot1 - 200M15
MTFTrixDot2 - 200M30
MTFTrixDot3 - 200H1
MTFTrixDot4 - 200M1

I also suggest that you use M1 to refine the timing, since the momentum on the M5 can get be decreasing or increasing (Since M5 Momentum if build of the lower timeframe).

AS a TEST:-

Try using mtf trix dot as:-

MTFTrixDot1 - 100M15
MTFTrixDot2 - 100M30
MTFTrixDot3 - 100H1
MTFTrixDot4 - 100M1
  • #3,577
  • Jan 24, 2011 12:15pm Jan 24, 2011 12:15pm
Quoting Tread
For the Trix, MTF order does not matter, only the current state at the time of the trigger.

Currently the only indicator that needs order is the MA's (in that they are stacked i.e. 5 > 13 > 21 etc etc etc.)

For the M5 you would need to set up like:-

FastTrixDirection - 1000 (if you want candle close)
MTFTrixDot1 - 200M15
MTFTrixDot2 - 200M30
MTFTrixDot3 - 200H1
MTFTrixDot4 - 200M1

I also suggest that you use M1 to refine the timing, since the momentum on the M5 can get be decreasing or increasing (Since M5 Momentum if build of the lower timeframe).

AS...
If I use 100M15,...
then all the higher time-frames should have a closed candle isn't it so?
  • #3,578
  • Edited 6:05pm Jan 24, 2011 5:43pm | Edited 6:05pm
So I ran the EA on a demo account for 14 hours, it took 6 trades, for the first 7 hours I only went with the Eur/Usd, I then added other pairs as a wanted to get more trades going. Anyway for my first test on a demo account with this EA it grabbed me around 45 pips for 14 hours. Will keep trying it on the demo account if I still gets good results, will put it on a VPS server and run it on demo for a whole trading week. The set file is in the zip.

So it traded through the London and New York session, will try and leave it on for the Asian session and see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: firsttest.JPG Size: 98 KB
Attached File(s)
File Type: zip firsttest.zip   2 KB | 452 downloads
  • #3,579
  • Jan 25, 2011 4:18am Jan 25, 2011 4:18am
Quoting neild1971
So I ran the EA on a demo account for 14 hours, it took 6 trades, for the first 7 hours I only went with the Eur/Usd, I then added other pairs as a wanted to get more trades going. Anyway for my first test on a demo account with this EA it grabbed me around 45 pips for 14 hours. Will keep trying it on the demo account if I still gets good results, will put it on a VPS server and run it on demo for a whole trading week. The set file is in the zip.

So it traded through the London and New York session, will try and leave it on for the Asian session...
Hi, Thanks for sharing,
try to put fix TP and SL for your first tests, for example 20SL and 20TP, in this way you can get a general idea of what your setting is doing, then you can go back through your tests on different days and decide what is the best TP, SL, TS, lock profit and other factors, I hope that would be helpful.
  • #3,580
  • Jan 25, 2011 5:28am Jan 25, 2011 5:28am
Hi exking thanks for that just got home and checked the EA the laptop hasn't been turned off yet. So the newest figure is 65 pips in profit from when i first started the EA on the demo account. The eur/usd and usd/chf haven't had a loss yet. I am going to go back and look at those losing trades and see if I would of avoided them if I had the M30 on the EA. Happy with the results for a first test.
Attached Image (click to enlarge)
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