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Attachments: Brijon Concept of Threes auto trading robot by Steve Hopwood
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Brijon Concept of Threes auto trading robot by Steve Hopwood

Quoting dryclean
Don't think swap will matter too much on 6 pair as they rinse and repeat about once every 4 hours

I have not tried it on 14 pairs I did I'd make the target profit maybe $10

Wow you get a pop once every 4 hours? I guess during volatile times you're potential DD can get a lot higher with 6 pairs than with 14... but shouldn't matter unless your using huge lot sizes... Maybe tonight I'll have some time to try a backtest.
Please Brian don't give up

I've read your last post here
Your efforts are really appreciated and I follow your Manual-mode thread with great interest

Maybe we should simply keep the 2 threads well separated

I've noticed a lot of activities here and a lack of updates on the Brijon Manual thread (The Amazing Magic of 3MW of now)

I love ALL Steves EAs and I'm starting to make sense of the Manual method(not so easy at the beginning. Now I'm in Game Mode - Level 1)
Both the threads are good,but only the Manual Brijon Method can give inputs for Eas refining.

Brian,
I hope u will find some free time during your european trip to post your lessons ...Your last videos are amazing.

Thank you
Account deleted
Quoting SteveHopwood
Latest update to DC's version is in post 1.


There is a new input that can make the bot default to DC's 6 pairs.

This bot has made a highly promising start and I am beginning to think about future live trading, and hiding our activities from the crims.

I have added trading hours to the bot. If we really do get to the point of trading live, then we will be able to set the bot to trade during our 'normal' trading hours.

Steve which set up is working best for you on the DC bot
6 pair no hedge pips2trade=0 $20. profit this is my best
Quoting dryclean
Steve which set up is working best for you on the DC bot
6 pair no hedge pips2trade=0 $20. profit this is my best
I started 3 mew demos yesterday, all three the 6 pairs: 0.1 lots; $20:

 

  1. purely as above
  2. plus second entry at +20
  3. plus second entry at +20 or hedging at +40

2 & 3 have both taken one profit basket. 1 had dotted around - came to about $15 at one point.

So, too early to say.

I am leaving the demos unmolested.

Quoting SteveHopwood
I started 3 mew demos yesterday, all three the 6 pairs: 0.1 lots; $20:

 

  1. purely as above
  2. plus second entry at +20
  3. plus second entry at +20 or hedging at +40

2 & 3 have both taken one profit basket. 1 had dotted around - came to about $15 at one point.

1) finally closed a basket a few minutes ago, so that is 1 closed for each of the methods.

Hi, this is my first post on one of Steves threads , so please be gentle !!

I am using the old version of the EA that takes long or short trades at its own discretion. I am also usings drycleans setfile .

But I am using lot sizes for each pair based on the last 22 days ADR , 22 days equates roughly to a whole calender month, but I dont think it matters to much what period we use.

I do think the lot size keeps the basket more balanced , here are the ADR and lot sizes I am using on a $3000 demo.

AUDUSD 114 0.07
EURUSD 124 0.06
GBPCHF 193 0.04
USDJPY 104 0.07
EURJPY 171 0.05
USDCHF 96 0.08

I am using MPTM to close the basket at a % target so far this week I have had 4 baskets close
1x 2%
3x 1.3%

Last week I had 5x 1% baskets close .

I did have to use recovery on the final basket at the end of last week , I did this manually . I had to take a 2nd trade on EURUSD . I waited until the market had gone 124 pips (1 x ADR) against me , I then waited for price to cross bobs 8 ma to show price was reversing and entered the trade, I then set the basket to close at BE, the basket closed a few hours later. My idea is to use 1 1 2 4 recovery but based on the ADR of each pair rather than a standard 100 pips or so.

My plan is to test different take profit % to see if it is better to grab 0.5% or wait for a 2% pop..

What do you guys think about the lot size for a $3000 account.
Quoting ianp
Hi, this is my first post on one of Steves threads , so please be gentle !!...What do you guys think about the lot size for a $3000 account.
Hi

Wow! Thank you for your post, 5 years member of FF and only 16 posts! So we are very privileged indeed.

IMHO lot sizes are a bit high for $3k a/c, in particular you are using recovery as well so would make it more risky. Most people would use maximum of 10 cents per lot for every $1000 a/c balance, I am more comfortable with 10 cents for every $2000 a/c balance. Events of 3 weeks ago in Japan highlighted the need for sensible position sizing in order to avoid margin call or having to liquidate trades prematurely in order to preserve the a/c integrity.

I hope this has been of some use to you.

Kind regards
Quoting ianp
Hi, this is my first post on one of Steves threads , so please be gentle !!

I am using the old version of the EA that takes long or short trades at its own discretion....
I had completely forgotten about differential lot sizing. A couple of years ago, I was developing the KG basket trader and scooby-doo showed us how to calculate the lot sizes.

I will look this up over the weekend and adapt DC to it; it makes a substantial difference.

Great first post ianp. Cheers.

Iamp
Sounds great what you did
I have been using 0.1 lot on 6 pairs on a 1000 demo and blew the acct last week
backed it down to 0.01 and lowered the basket TP

you are placing .37 total on 3000 I was .6 you should be safe but if you have to pile on with recovery you might get in trouble...

Interested to see what come about for what you are doing down the road
Keep us posted and don't be a stranger
Quoting dryclean
Iamp, Sounds great what you did
I have been using 0.1 lot on 6 pairs on a 1000 demo and blew the acct last week backed it down to 0.01 and lowered the basket TP...
I think you have proved my point. The concept is sound but you need bigger a/c balance in order to be safe. I use recovery quite regularly with NB VER5. my normal DD is around 1000 pips, however, every 2 to 3 months when recovery is in process the DD shoots up to 5000 to 6000 pips.

Kind Regards
I have been testing the 6 pair basket and the results have been very sporadic. I've made a lot OR I have had big DD OR I have blown accounts

I have been reading the T101 thread and cam across the follow and it makes total sense.

The markets the last few weeks have seen everything

War- Nuclear melt down - Riots - Poor Financial News - etc etc etc


Any fully balanced combination of pairs will do as a minimum, but

  1. the more pairs involved the better hedge you have against non-market forces (news!)
  2. you want only the “best Liquidity” – and lowest spread currencies

So you have to balance these two concepts with what is available to you from your broker.

The 14 Pairs that Trader101 has identified seem ideal, as long as your broker supports them.

So for now I am abandoning / revising the 6 pair unless someone else has a set up that is working

The revising would be looking at the T101 trend( as he has it set up in his thread) and placing either all long or all short trades and let it keep recycling. I have been doing it manually all week with the 14 pairs and I am up over 13% most of it came today as I have had some time to manage it. This was totally manual trading. We have been in a Long overall market of the basket for 6 weeks maybe longer. That is as far back as I looked

Quoting dryclean
I have been testing the 6 pair basket and the results have been very sporadic. I've made a lot OR I have had big DD OR I have blown accounts

I have been reading the T101 thread and cam across the follow and it makes total sense.

The markets the last few weeks have seen everything

War- Nuclear melt down - Riots - Poor Financial News - etc etc etc


Any fully balanced combination of pairs will do as a minimum, but [list][*]the more pairs involved the better hedge you have against non-market forces (news!)[*]you want only the “best Liquidity”...
You are probably barking at the wrong moon here DC. Go to http://www.forexfactory.com/showthre...68#post4147068 and find for yourself that this does not work.

Mind, if you can make it work with a different slant then we can all benefit.

Cheers

Well , Steves Brijon EA pulled out all the stops and closed another 3 baskets during NY session.

If I was trading live I would have shut Mt4 down after having such a good week and missed the last 3 baskets.

I live in Oz so I would have been asleep and unable to do anything if the market had ran against me.

So all up this week the EA closed 7 x 1.3% and 1 x 2% baskets a total of 11.1% , but I realise the risk was far to big for the account size.

If all 6 pairs were to hit level 5 DD using 1-1-2-4 recovery , a $3000 account would be wiped out as the DD would be around -$3617 ...

So if I reduce the lot size by 60 % my level 5 DD would be $1447 .. on a $3000 account ,which is still pretty steep , I guess I would need to reduce my basket close target by 60% as well ,so each basket would close at 0.5% . Closing a couple of baskets a week would be pretty good result in my book.

I have attached Fridays closed trades. I still have 4 trades open with a DD of $23 .

Next week I will use the new smaller lot size and run 3 seperate demos with different targets 0.5% 1% and 1.5% .
Attached Image (click to enlarge)
Click to Enlarge Name: briea.JPG Size: 195 KB
Quoting SteveHopwood
I had completely forgotten about differential lot sizing. A couple of years ago, I was developing the KG basket trader and scooby-doo showed us how to calculate the lot sizes.

I will look this up over the weekend and adapt DC to it; it makes a substantial difference.
Steve I made this code and very please with it's calculation

int multi=1, m2=1;
DailyATR = iATR(Pair, PERIOD_D1, 14, 0) ; // in 4 digits
if(digits == 5 ) {multi = 100000; m2=10;}
if(digits == 4 ) {multi = 10000; m2=1;}
if(digits == 3 ) {multi = 1000; m2=10;}
if(digits == 2 ) {multi = 100; m2=1;}
DailyATR = DailyATR*multi;

ThisPairTickValue = MarketInfo(Pair,MODE_TICKVALUE) ;
TickAtr=ThisPairTickValue*DailyATR/multiplier*m2;
if (TickAtr==0) TickAtr=1000; // avoid 0 divide
double newLot;
if(1500/TickAtr<=1) newLot=Lot*1500/TickAtr; //reduce
if(1500/TickAtr>1) newLot=Lot+Lot*0.5*(1500/TickAtr-1);// increase but do not increase Lot too much

if (AdaptLotWithPipvalue) Lot = newLot; //Lot initial is for 150 TickAtr that is Eurusd in normal conditions

I done this code last year so I don't really remember the reason of the calculation, the basic is that the normal Lot is for EurUsd normal days, and the lot size is reduced or increased according pipvalue AND dailyATR
Quoting SteveHopwood
You are probably barking at the wrong moon here DC. Go to http://www.forexfactory.com/showthre...68#post4147068 and find for yourself that this does not work.

Mind, if you can make it work with a different slant then we can all benefit.

Cheers

Steve
I'll check it out
I swear I was using BWBB but I see no comments from me on the thread
Quoting maxou888
Steve I made this code and very please with it's calculation

int multi=1, m2=1;
DailyATR = iATR(Pair, PERIOD_D1, 14, 0) ; // in 4 digits
if(digits == 5 ) {multi = 100000; m2=10;}
if(digits == 4 ) {multi = 10000; m2=1;}
if(digits == 3 ) {multi = 1000; m2=10;}
if(digits == 2 ) {multi = 100; m2=1;}
DailyATR = DailyATR*multi;

ThisPairTickValue = MarketInfo(Pair,MODE_TICKVALUE) ;
TickAtr=ThisPairTickValue*DailyATR/multiplier*m2;
if (TickAtr==0) TickAtr=1000; // avoid...
Thanks very much Max. Cheers.

The following pairs posted by GVC at Indicator development for T101 suggested that they are more superior than the T101 14 pairs:

The 8 pairs were first identified by a group of Russian traders based on the T101 Method. I identified more or less the same pairs, but their pairs were far superior in this system,

"GBPUSD"
"EURJPY"
"AUDUSD"
"NZDJPY"
"EURUSD"
"GBPJPY"
"NZDUSD"
"AUDJPY"

Recommend to experiment and explore its superiority.

Edd
my old rollover thread of the major 8 , i have an indicater i use EDD

FROM BRIAN

Quoting Edd Ganuelas
The following pairs posted by GVC at Indicator development for T101 suggested that they are more superior than the T101 14 pairs:

The 8 pairs were first identified by a group of Russian traders based on the T101 Method. I identified more or less the same pairs, but their pairs were far superior in this system,

"GBPUSD"
"EURJPY"
"AUDUSD"
"NZDJPY"
"EURUSD"
"GBPJPY"
"NZDUSD"
"AUDJPY"

Recommend to experiment and explore its superiority.

Edd
Attached File(s)
File Type: ex4 BrianIndex3.ex4   20 KB | 160 downloads
File Type: mq4 BrianIndex.mq4   15 KB | 198 downloads
File Type: ex4 BrianIndex.ex4   20 KB | 152 downloads
the best time frame and use of these major 8 is the day before tripple swap long after the tripple swap short these currencys and strategys have a extreme high hit rate as discussed on my old thread utalizing times before and after the tripple swap

its the reason why i still use the tripple swap and these currencys and times for high hit rates and to add positive interest in my drawdowns using other peoples money (drawdowns ) for positive earnings

god bless from BRIAN
Hi all,

I have posted on Brijon's thread and Brijon seems of the opinion that the following enhancements to the Ea would be of help:-

a) Any particular pair to close once a Trailing Stop of a user defined X number of pips is reached AND

b) Immediately replace the closed out pair with a new trade for the same pair and in the same direction at the same lot size.

This gives us the stock turnover and printing money that Brijon refers to.

c) If the entire basket reaches the basket take profit level, then close the entire basket and re-open the basket as the EA currently provides.

At this point we are thinking and taking profit. Here we are becoming traders.

d) There will inevitably be a few pairs that go into drawdawn, these pairs we can hedge and close at BE plus a pip or two to recompense us for the capital employed.

Here we are putting into play the concept of circles: loss profit loss and getting out in the middle of the circle in profit.

e) Having closed these slow moving/losing pairs, a new trade of the same pair (s) and in the original direction is entered in order to bring back the basket into a synthetically hedged state.

Could Mr Hopwood please incorporate features a), b), d) and e) into the EA?

These will take the EA a long way down the route of deploying the game mode concept without needing to have a base set of trades (the basket of either 6 pair or 14 pair) to which we add traded pairs after checking basket trends, volumes etc.

Effectively, we allow ourselves to be lead by price action only and respond to it accordingly.

Thanks for your time in "listening" - I hope its not a "load of ol'tosh" -
please tell me if it is.

Sincerely
Nicastro
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