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Attachments: Steve Hopwood's Basket Multi-pair Auto-trading Robot
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Steve Hopwood's Basket Multi-pair Auto-trading Robot

  • #41
  • Nov 3, 2010 7:17am Nov 3, 2010 7:17am

Hello, Steve. (you are an enormous and generous coder. Thanks)
This is my contribution to your new robot:
I trade live European session with Trader 101 method
I TRY to explain my approach to Trader 101 method (my English is not good)
Basket: JPY set* -> Buy pairs: AUDJPY, EURJPY, GBPJPY Sell pairs: USDJPY CHFJPY NZDJPY
Buy signal:
Price above this Week open (see in Basket Candles indicator)
4H ago basket total pips > 0 (indicator attached). 4h ago example: Time: 11:17, 4H ago: 7:17-11:17
Basket ADX (M15 candle close) > 25 and DI+ > DI- (indicator attached. Setup: 6, 15, 14, 0, JPY pairs*)
SL: last M1 low + spread (see in Basket Candles indicator)
TP: option 1 -> R/R=1 range market or R/R=2 trend market. Option 2: Trailling SL . (I use Steve hoodwood Multipropose Trade Management EA. Thanks again)
Sell signal:
Price below this Week open (see in Basket Candles indicator)
4H ago basket total pips < 0 (indicator attached)
Basket ADX (M15 candle close) > 25 and DI+ < DI- (indicator attached. Setup: 6, 15, 14, 0, JPY pairs*)
SL: last M1 high + spread (see in Basket Candles indicator)
TP: option 1 -> R/R=1 range market or R/R=2 trend market. Option 2: (I use Steve hoodwood Multipropose Trade Management EA. Thanks again)

Basket: EUR set -> Buy pairs: EURAUD, EURJPY, EURGBP Sell pairs: EURUSD, EURCHF, EURNZD

Interest Links:
http://www.forexfactory.com/showthread.php?t=107119 (The original method itself is here. No my approach)

Yesterday trade example attached
Attached Image (click to enlarge)
Click to Enlarge Name: T101 steve hoopwood EA.JPG Size: 74 KB
Attached File(s)
File Type: mq4 W_ADXMsm.mq4   5 KB | 542 downloads
File Type: mq4 TotalPips4H ok.mq4   3 KB | 542 downloads
File Type: mq4 BasketCandlesJPY 6 2.mq4   5 KB | 539 downloads
  • #42
  • Nov 3, 2010 7:36am Nov 3, 2010 7:36am
Quoting SteveHopwood
In light of what happened on demo overnight, I have made some significant updates.

[list=1][*]The most important change of all. The name had to go. No robot can possibly succeed in modern, cut throat markets without a decent name. I have adopted Vinesh's suggestion.[*]Rsi: it does not take too much imagination to see that Rsi is as vulnerable to 'chop' at the boundaries of what it is measuring as any other indicator. BWB gradually took more trades as Rsi moved into the buy/sell areas. Sometimes this move was a brief one and the market...
Hi Steve,
2 hours = 7,200,000 miliseconds
Regards
PipBear
  • #43
  • Nov 3, 2010 7:39am Nov 3, 2010 7:39am
Clarification. When buy signal occurs, I buy the six pairs and when sell signal occurs I sell the six pairs.
  • #44
  • Nov 3, 2010 7:59am Nov 3, 2010 7:59am
Quoting PipBear
Hi Steve,
2 hours = 7,200,000 miliseconds
Regards
PipBear
So the formula is SleepHoursAfterBasketClosure * 3600000? Cheers.

  • #45
  • Nov 3, 2010 8:09am Nov 3, 2010 8:09am
I have added an adaptive tp to the bot. There is an explanation in the Inputs section of post 1.

Just so people know, I have not forgotten about the start-afresh-after-a-basket-close thingy; I just haven't got around to it yet.

It turns out I could not find T101 because his screen name is trader101. If you follow the link in Antonio's post, you will see that my recollection of how T101 set up his master basket is significantly wrong. At some stage, I will grit my teeth against the Star Wars rubbish that filters through the thread and re-read it. Maybe there is an ea to come out of it.

Antonio, thanks for posting your variation. The fact that you trade it live attracts me; no doubt it attracts others. Sometime in the next couple of weeks, I will look at it properly with a view to automating it.

  • #46
  • Nov 3, 2010 8:15am Nov 3, 2010 8:15am
I'm working on a new recovery system for “Basket With Balls” .
I use MPTM for that but the bug from the earlier version is included in the latest version.
When a basket is closed by MPTM and a new basket opens the MPTM close the new one directly. (Not always but many times)
I have to go back to MPTM from September. That one is working. But then we don't have the new great function in MPTM.
Attached Image (click to enlarge)
Click to Enlarge Name: Bclose.jpg Size: 104 KB
  • #47
  • Nov 3, 2010 8:22am Nov 3, 2010 8:22am
There was a glitch in the tp function in the update I posted a few minutes ago. This is fixed now. Possibly.

  • #48
  • Nov 3, 2010 8:23am Nov 3, 2010 8:23am
Quoting E2u
I'm working on a new recovery system for “Basket With Balls” .
I use MPTM for that but the bug from the earlier version is included in the latest version.
When a basket is closed by MPTM and a new basket opens the MPTM close the new one directly. (Not always but many times)
I have to go back to MPTM from September. That one is working. But then we don't have the new great function in MPTM.
I will look at this sometime but not right now. mptm plays no part in any of my recent systems, so I am not concerned about it.

I look forward to your thoughts about Recovery for BWB.

  • #49
  • Nov 3, 2010 8:38am Nov 3, 2010 8:38am
Quoting SteveHopwood
I will look at this sometime but not right now. mptm plays no part in any of my recent systems, so I am not concerned about it.

I look forward to your thoughts about Recovery for BWB.

I wanted to try one idea I had so therefore I used MPTM. I let the Basket EA open trade directly after close. No sleep. Then when a currency pair is 10 pips in DD I had MPTM to open a hedge 300% witch is same as 0.03. Then I hedge the hedge if it turns around again with 150%. I had 96.92 euro + when I got up this morning. But that is not included the loss when the MPTM closed directly.
  • #50
  • Nov 3, 2010 8:55am Nov 3, 2010 8:55am
Quoting E2u
I wanted to try one idea I had so therefore I used MPTM. I let the Basket EA open trade directly after close. No sleep. Then when a currency pair is 10 pips in DD I had MPTM to open a hedge 300% witch is same as 0.03. Then I hedge the hedge if it turns around again with 150%. I had 96.92 euro + when I got up this morning. But that is not included the loss when the MPTM closed directly.
I see. Try turning off mptm's basket closure stuff and use BWB's tp instead.

  • #51
  • Nov 3, 2010 8:57am Nov 3, 2010 8:57am
Quoting SteveHopwood
I see. Try turning off mptm's basket closure stuff and use BWB's tp instead.

Ok I will load the new BWB now.
  • #52
  • Nov 3, 2010 9:52am Nov 3, 2010 9:52am
Quoting SteveHopwood
I have added an adaptive tp to the bot.

It turns out I could not find T101 because his screen name is trader101. If you follow the link in Antonio's post, you will see that my recollection of how T101 set up his master basket is significantly wrong. At some stage, I will grit my teeth against the Star Wars rubbish that filters through the thread and re-read it. Maybe there is an ea to come out of it.

A brief introduction to T101 Method attached
Attached File(s)
File Type: pdf T101 rules made easy v3.pdf   196 KB | 766 downloads
  • #53
  • Nov 3, 2010 9:58am Nov 3, 2010 9:58am
Another 590 pips. Still running.... but I think it's time to close.
Attached Image (click to enlarge)
Click to Enlarge Name: T101 today example.jpg Size: 74 KB
  • #54
  • Nov 3, 2010 10:18am Nov 3, 2010 10:18am
Quoting krunofx
A brief introduction to T101 Method attached
That was some confusing read. Going to really needto sit down tonight to dissect the fundamentals of it.
  • #55
  • Nov 3, 2010 10:31am Nov 3, 2010 10:31am
Thanks for this EA Steve. You're the man! Demo starts trading now.
  • #56
  • Nov 3, 2010 12:43pm Nov 3, 2010 12:43pm
In the original method (Trader 101), you buy or sell the whole basket. If BUYS pairs are in the top, you buy the whole basket. If sell pairs are in the top, you sell the whole basket. Remenber in the original method you have a basket with 7 buy pairs and 7 sell pairs.

Quoting SteveHopwood
As I remember, the point about T101's master basket was that the winners were showing strength and should be bought, whilst the losers were showing weakness and should be sold. Therefore, the longer the master basket was in operation, the more it showed the true state of the market.

I am not wedded to this and will add the option to start afresh after a basket closure, so people can play with your idea.

  • #57
  • Nov 3, 2010 5:38pm Nov 3, 2010 5:38pm
Quoting krunofx
A brief introduction to T101 Method attached
Many thanks. I have downloaded it for reading later in the week. I am most grateful.

  • #58
  • Nov 3, 2010 5:47pm Nov 3, 2010 5:47pm
i;ve not loaded the 'basket of balls' bot on my demo yet - i need to read the manual etc..

How has it performed for you boys so far? How was it tonight, through the FOMC stuff?

Regards
  • #59
  • Nov 3, 2010 5:56pm Nov 3, 2010 5:56pm
It looks to me as though BWB has been closing baskets as soon as it opened them tonight.

I have added a couple of attempted fixes to post 1 - not sure they will work. We shall see.

  • #60
  • Nov 3, 2010 6:04pm Nov 3, 2010 6:04pm
Quoting SteveHopwood
The basket tp needs to be adaptive, as trades can be added with the passage of time. I am thinking x pips per pair multiplied by the number of pairs in the basket. So, at 10 pips per trade and 8 trades in the basket, bwb would close all at +80 pips. How does this sound?
Hi Steve,

I like the idea. And I think it's also good if a Maximum Profit Target can also be set as another condition to close the basket. So that the basket will close when this target is reached regardless of the number of open trades. I woke up this morning to see a 4% increase in my equity and I just closed everything and disable the EA and enable again later after 2 hours.
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