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Casino EA Trader

  • #821
  • Sep 6, 2017 5:56pm Sep 6, 2017 5:56pm
Quoting lananpips
I love the equity lock feature. Can we also use the trade manager by itself? Let's say for those who want to enter the trade manually but wants to take advantage of the trade management Casino can give; I did some manual trades and Casino is not counting them. Thanks
The MM in Casino is there to control the Casino trades only and that's all it should do as a package. If you need an external MM version you would need to look elsewhere.
  • #822
  • Sep 6, 2017 5:57pm Sep 6, 2017 5:57pm
Quoting lananpips
I love the equity lock feature. Can we also use the trade manager by itself? Let's say for those who want to enter the trade manually but wants to take advantage of the trade management Casino can give; I did some manual trades and Casino is not counting them. Thanks
Trades must be placed with Casino for it to manage them. Just use the Buy or Sell button and Casino will do the rest.
K.I.S.S.
  • #823
  • Sep 6, 2017 6:00pm Sep 6, 2017 6:00pm
Quoting lananpips
I love the equity lock feature. Can we also use the trade manager by itself? Let's say for those who want to enter the trade manually but wants to take advantage of the trade management Casino can give; I did some manual trades and Casino is not counting them. Thanks
If you use a magic number the same as what Casino has for that pair it will manage it.
  • #824
  • Sep 6, 2017 6:04pm Sep 6, 2017 6:04pm
Quoting JustUncleL
{quote} I have made a setup with the Renko builder on a more standard M1 chart, 5min or 15min should also be OK for 10pip Renko bricks. This way historical chart will reflect the real time price action. {image} Notice RSI indicator will not work as well, so like an earlier post by El1000, I suggest using RMI instead with setting say 4,5 as I have on the chart above. Also use HAS for the entry and exit conditions like I suggested earlier and it should work about the same. {file} I will leave the rest to you, if you want to change the PIN specifications....
I thought this was suppose to be a time proven idea by the person who wanted the PIN made for it.

I have stated many times I do not write code for PINs that are a traders dream and have never produced any real money.

Looks like maybe this is another pipe dream.
  • #825
  • Sep 6, 2017 6:20pm Sep 6, 2017 6:20pm
Quoting seller9
{quote} I thought this was suppose to be a time proven idea by the person who wanted the PIN made for it. I have stated many times I do not write code for PINs that are a traders dream and have never produced any real money. Looks like maybe this is another pipe dream.
Don't get me wrong, I believe this strategy is making money for the originator. I was just reflecting on the fact that it was using Daily Renko Builder, if that was the way he was making money with the strategy, then I not suggesting changing the PIN at all.
  • #826
  • Sep 6, 2017 6:36pm Sep 6, 2017 6:36pm
Quoting fmsfx
{quote} Trades must be placed with Casino for it to manage them. Just use the Buy or Sell button and Casino will do the rest.
You are correct, using the Buy or Sell button will do that, however, this means your entry might not be a good one and you will experience a large DD;
thanks for your input;
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #827
  • Sep 6, 2017 6:43pm Sep 6, 2017 6:43pm
Quoting JustUncleL
{quote} The MM in Casino is there to control the Casino trades only and that's all it should do as a package. If you need an external MM version you would need to look elsewhere.
Thanks for your response;
I was trying to make Casino work with my trading style, Seller once said, anything is possible.
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #828
  • Sep 6, 2017 6:44pm Sep 6, 2017 6:44pm
Quoting seller9
{quote} If you use a magic number the same as what Casino has for that pair it will manage it.
See, Seller knows;
I will try.
Thanks.
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #829
  • Sep 6, 2017 6:53pm Sep 6, 2017 6:53pm
Quoting seller9
{quote} If you use a magic number the same as what Casino has for that pair it will manage it.
Would the pair need to be one of the 28?
  • #830
  • Edited 7:40pm Sep 6, 2017 7:21pm | Edited 7:40pm
Quoting JustUncleL
{quote} Thank you for the warning, also the new 3 Screen PIN repaints, so you might want to give a warning for that one as well. It still seems make good trades though, just the history does not reflect where real trades would be taken.
When it re-paints you take another trade in the same direction as the entry trade, by keeping your lot size small you will be surprised how the pips add up when it does turn in your direction. Also it doesn't have to come all the way back to the original entry to even BE, a lot of the time it may only come back 33 to 75 % so the add ons make a big difference and can turn a loser into a winner.

Original trade .01 lot
first add on .01 lot
second add on .02 lot
third add on .03 lot

and so on

I guess you can call it Martingale, but used correctly it can pull in the pips.

Attached Image (click to enlarge)
Click to Enlarge Name: add_on.jpg Size: 73 KB


2 days at .01 lot size:
Attached Image


Attached Image
  • #831
  • Sep 6, 2017 7:21pm Sep 6, 2017 7:21pm
Quoting JustUncleL
{quote} Would the pair need to be one of the 28?
Casino only manages the 28 pairs you see displayed.
K.I.S.S.
  • #832
  • Sep 6, 2017 7:21pm Sep 6, 2017 7:21pm
Quoting JustUncleL
{quote} Would the pair need to be one of the 28?
Yes
  • #833
  • Sep 6, 2017 7:28pm Sep 6, 2017 7:28pm
Quoting seller9
{quote} When it re-paints you take another trade in the same direction as the entry trade, by keeping your lot size small you will be surprised how the pips add up when it does turn in your direction. Also it doesn't have to come all the way back to the original entry to even BE, a lot of the time it may only come back 33 to 75 % so the add ons make a big difference and can turn a loser into a winner. Original trade .01 lot first add on .01 lot second add on .02 lot third add on .03 lot and so on I guess you can call it Martingale, but used correctly...
I think I like the Add-On option...I see that option in the Casino inputs already.
K.I.S.S.
  • #834
  • Sep 6, 2017 8:07pm Sep 6, 2017 8:07pm
Quoting seller9
{quote} When it re-paints you take another trade in the same direction as the entry trade, by keeping your lot size small you will be surprised how the pips add up when it does turn in your direction. Also it doesn't have to come all the way back to the original entry to even BE, a lot of the time it may only come back 33 to 75 % so the add ons make a big difference and can turn a loser into a winner. Original trade .01 lot first add on .01 lot second add on .02 lot third add on .03 lot and so on I guess you can call it Martingale, but used correctly...
Thank you for the explanation. The add-ons option sound a good idea, more pip potential is always good as long as it can be managed, I will test it out.
  • #835
  • Sep 6, 2017 10:18pm Sep 6, 2017 10:18pm
Quoting seller9
Here is a PIN for Casino suggested by ptradescalls. I have not had a chance to do any testing with it so that is up to anyone wanting to try it. Any questions about the idea should be asked of ptradecalls. Here is a link to a short video on how it is suppose to work. https://youtu.be/n9EPBpmmZXs {image} {file}
Thank you for taking the time to create this new PIN. Is the exit condition only when an opposite Renko Brick completes?
  • #836
  • Sep 7, 2017 1:12am Sep 7, 2017 1:12am
Quoting ptradecalls
{quote} OK will look into this.
I have looked into this a bit further and I believe the Renko generator could be safely run on a 15min chart. The Renko HAS Pin should still work the same way without any changes. The only difference should be that the real time and historical bricks on the Renko chart should closely reflect real 10pip price action, with next to no repainting. It is only really required to use lower time frame if you want the Renko chart to look real and you can see where actual trades should have been taken. If you use Daily Renko generator, once you refresh the chart bricks will repaint and that information will be lost. If you don't look at the chart it will no matter too much.
  • #837
  • Sep 7, 2017 2:42am Sep 7, 2017 2:42am
Quoting JustUncleL
{quote} I have made a setup with the Renko builder on a more standard M1 chart, 5min or 15min should also be OK for 10pip Renko bricks. This way historical chart will reflect the real time price action. {image} Notice RSI indicator will not work as well, so like an earlier post by El1000, I suggest using RMI instead with setting say 4,5 as I have on the chart above. Also use HAS for the entry and exit conditions like I suggested earlier and it should work about the same. {file} I will leave the rest to you, if you want to change the PIN specifications....
Good Morning over here and I have just seen this ..yes indded the RMI on the standard M1 timeframe looks good. You changed the period to 4 too?
  • #838
  • Sep 7, 2017 2:44am Sep 7, 2017 2:44am
Quoting JustUncleL
{quote} Thank you for the warning, also the new 3 Screen PIN repaints, so you might want to give a warning for that one as well. It still seems make good trades though, just the history does not reflect where real trades would be taken.
Wow thanks for this Seller9. Alot already do criticize already without even testing it despite the fact it makes money manually. The idea of having this implemented into Casino is to allow it manage the trades without having human interraction and this is what I hope to achieve with Casino. I will be running tests with it today and also i will try the other timeframes suggested by others. I will be posting results. Thank you ones again for your help.
  • #839
  • Sep 7, 2017 2:47am Sep 7, 2017 2:47am
Quoting ptradecalls
{quote} Good Morning over here and I have just seen this ..yes indded the RMI on the standard M1 timeframe looks good. You changed the period to 4 too?
I would not suggest changing the PIN code though, as your current strategy has a proven success history. Just an alternative more standard Renko Chart solution that you could checkout for performance.
  • #840
  • Sep 7, 2017 2:56am Sep 7, 2017 2:56am
Quoting ptradecalls
{quote} Wow thanks for this Seller9. Alot already do criticize already without even testing it despite the fact it makes money manually. The idea of having this implemented into Casino is to allow it manage the trades without having human interraction and this is what I hope to achieve with Casino. I will be running tests with it today and also i will try the other timeframes suggested by others. I will be posting results. Thank you ones again for your help.
Sorry, that was a comment about the 3 Screen PIN, not the Renko HAS PIN. It was just something that I noticed during testing that PIN, Seller9 has already made a great suggestion on that comment with post #830.

My other comments on your Renko HAS PIN were only to do with the visual aspect of it, not the actual PIN itself. You have already stated that you made money manually with it, so it it is just a matter of the PIN conforming to your specifications under testing.
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