- Most Forex traders lose all their money.
- Using the robots posted here in trading Forex does not guarantee success.
- Trading these robots could lead to serious financial loss.
- Trading these robots without understanding their underlying trading strategies guarantees traders will lose their money.
- A trading robot is a maximum of 90% as good as the manual strategy it trades:
- just because the manual strategy is profitable does not guarantee the robot will replicate this success.
- just because the manual strategy is profitable does not guarantee the robot will replicate this success.
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The purpose of this thread is to develop the robot to the stage where David can offer it in his thread. I have opened a separate thread to avoid cluttering up David's thread with discussion about the robot.
Traders new to David's trading system cannot learn about it from this robot or this thread. You must go to http://www.forexfactory.com/showthread.php?t=244741 to learn to trade the system manually.
This robot is under development and must not be used on live accounts.
Please read the user guide for details about how the robot works.
Have fun. I have enjoyed trading David's strategy manually this week.
A note to coders: I use Zig-Zag to find the most recent leg 1 and leg 2. Having found them, the robot checks that the resulting trend line has not been pierced in between leg 1 and the current candle. If hte line has been pierced, the robot makes leg 1 the new leg 2 and goes back further in time to find the new leg 1. This process is supposed to continue until an unpierced trendline emerges. The code is in void CalculateTrendLine(), so I invite you to:
- check the code for mistakes
- suggest a better way of achieving the trendline
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Traders familiar with my work need read no further.
Posting restrictions
I have restricted the ability to post in this thread to: traders with at least 1 voucher; and traders on my 'buddy' list. I have done this because I do not want the thread cluttered with 'newbie' questions about the basics. New/inexperienced traders, this is not intended as a direct insult. What I want here is discussion with traders who fully understand what it is they are doing; when you newbs have been around a while, you will come to understand what a difference experience makes to the posts a member writes and shudder at the recollection of some of the questions you asked. I do. http://cdn.forexfactory.com/images/s..._the_floor.gif Go to your profile page; there is a link to the FF page that describes the voucher process.
Do not attempt to get around this by sending me pm's asking for help with your basic problems. Doing so will earn you an automatic ban from all of my threads.
I have set up a partner thread to this one and Nanningbob's at http://www.forexfactory.com/showthre...66#post3948666
Here, you can post the questions that you cannot post here, about anything you need to know. Someone with the knowledge and experience you need will answer. I opened it for Nanningbob traders, but feel free to ask about this robot as well.
Traders/coders with experience who have not yet been vouched for, can get around this restriction be being added to my 'buddy' list; all you have to do is pm me to ask me to do this.