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Milking Pips From EurUsd with Bots

  • #21
  • May 8, 2020 3:20am May 8, 2020 3:20am
Unfortunately I made the stop loss for EurUsd Strike to big on a 0.01 lot.(its about 20 usd 200 pips) So I am trying to do something that can use less pips for stop loss.
  • #22
  • May 8, 2020 6:02am May 8, 2020 6:02am
Same bot(AbaMacd) same pattern as post above
Just by adding a grid. Coders look from line 1371.
I have doubled the profit from 44usd to 99 usd. While keeping the drawdown minimal
Attached File(s)
File Type: mq4 AbaMacd_vo2.mq4   570 KB | 567 downloads


and here is the bot modified to include a grid.
Attached File(s)
File Type: mq4 AbaMacd_vo2.mq4   570 KB | 567 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: Tester.PNG Size: 34 KB
  • #23
  • May 8, 2020 6:28am May 8, 2020 6:28am
Quoting candyman752
Come join me in this exciting adventure. {image} {image} {image}
Elliottwave movement
  • #24
  • May 8, 2020 8:47am May 8, 2020 8:47am
All those bot loses in long term, I do not know what kind of test you are doing but if you are doing just basic mt4 tests it will not show the real results.
  • #25
  • May 8, 2020 8:49am May 8, 2020 8:49am
Hi, New guy here. So I downloaded your robot and put it in my experts folder opened and compiled it. Went to the strategy tester and loaded the robot. It took no trades in 3 months. Do I need to adjust the settings? And on that subject I find there are way too many settings for a new guy to figure out.

So question I guess is what am I doing wrong?
Mm-hmm. It should be all right, I think.
  • #26
  • May 8, 2020 11:30am May 8, 2020 11:30am
Quoting kodakwhite
All those bot loses in long term, I do not know what kind of test you are doing but if you are doing just basic mt4 tests it will not show the real results.
Please be more specific. Like showing your back test results. Also what period you tested.
  • #27
  • May 8, 2020 11:34am May 8, 2020 11:34am
Here is another example of another pattern
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 37 KB

I coded it before putting grid and the profit was 63 usd 0.01 lots from jan 2012 to date and draw down 16 usd.

I then added grid. Which was tweaked especially for this pattern and profit jumped to 138 usd while drawdown went to 29 usd
Attached File(s)
File Type: mq4 AbaMacd_01.mq4   572 KB | 396 downloads
  • #28
  • May 8, 2020 11:41am May 8, 2020 11:41am
Quoting ThatlldoPig
Hi, New guy here. So I downloaded your robot and put it in my experts folder opened and compiled it. Went to the strategy tester and loaded the robot. It took no trades in 3 months. Do I need to adjust the settings? And on that subject I find there are way too many settings for a new guy to figure out. So question I guess is what am I doing wrong?
I assume you talking about
AbaMacd bot. Confirm you used Min 15 trading time frame. Also how much data is in your MT4 for Min 15 chart. That is how far back does you data go. Like for me I have downloaded data going back to 1973 for EurUsd Min 15 chart. At the moment I am testing starting from jan 2012.
NOTE
I have yet to find a way to have a bot just begin trading immediately the market opens and be profitable. At the moment I am stuck at finding patterns to trigger a trade. Some patterns do not appear for more than three months.

I hope I have answered your question
  • #29
  • May 8, 2020 12:41pm May 8, 2020 12:41pm
I will then be putting the separate patterns ,I spot, in to one bot
.
Attached File(s)
File Type: mq4 EurUsd_Donchian_v01.mq4   599 KB | 457 downloads

Place it on a Min 15 chart. 0.01 lots for every 100 usd capital .
The back test so far shows that starting with 100 usd on jan 2012 the account grew to 634 usd

here are the results to interpret your self
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 20 KB
  • #30
  • May 8, 2020 1:42pm May 8, 2020 1:42pm
Quoting candyman752
{quote} Please be more specific. Like showing your back test results. Also what period you tested.

Five years, the one made 1,5% return per year so it's it's better to put money in the bank and have even higher return yearly
  • #31
  • May 9, 2020 4:47am May 9, 2020 4:47am
Quoting kodakwhite
{quote} Five years, the one made 1,5% return per year so it's it's better to put money in the bank and have even higher return yearly
You have not given me a strategy tester report. So I have to guess.
It seems you do not know how to change the initial deposit on a strategy tester from 10 000 to 200
see screen shot
Attached Image

you say 1.5 % return per year what is your initial deposit.
I would advise all reading this thread to take this kodakwhite with a pinch of salt until such time the person starts giving some acceptable evidence to the facts he is putting out.
Acceptable evidence is strategy tester report. Or forward test can be proved with Trade explorer.

Or start your own thread debunking other peoples bots with your acceptable evidence.

Oh my goodness
  • #32
  • May 9, 2020 10:11am May 9, 2020 10:11am
strange...when I did backtest over vo2 version, it seems isn't opening any orders
  • #33
  • May 9, 2020 11:48am May 9, 2020 11:48am
Quoting ots931010
strange...when I did backtest over vo2 version, it seems isn't opening any orders
Could you send a screen shot of your journal Tab
  • #34
  • May 10, 2020 6:42am May 10, 2020 6:42am
My ability to spot pattern the occur more frequently and are profitable is getting better.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 45 KB

Not a bad back test result. What is your take?It took 200 usd initial deposit in 2012 and made a profit of 2 019 usd up to date. The maximal drawdown was 64 usd
Here we have the bot updated with a few more patterns
Attached File(s)
File Type: mq4 EurUsd_Donchian_v02.mq4   687 KB | 534 downloads
  • #35
  • May 10, 2020 9:57pm May 10, 2020 9:57pm
Thanks for this great set up CM please can you help mark out appropriate and reasonable TP levels based on this formation with this pz 123 indicator screenshot attached.Can you make a screenshot of the tp levels based on the indicator .Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: CM.PNG Size: 50 KB
Attached File(s)
File Type: ex4 PZ_123Pattern.ex4   49 KB | 372 downloads
  • #36
  • May 10, 2020 10:59pm May 10, 2020 10:59pm
Quoting candyman752
My ability to spot pattern the occur more frequently and are profitable is getting better.{image} Not a bad back test result. What is your take?It took 200 usd initial deposit in 2012 and made a profit of 2 019 usd up to date. The maximal drawdown was 64 usd Here we have the bot updated with a few more patterns{file}
Interesting, why only buy trades?

Cheers
  • #37
  • May 11, 2020 1:25am May 11, 2020 1:25am
I do not need provide any backtest data, I did tests - it's up to any other people judgement, at the end of the day they will come to the same conclusion by losing money one way or another.
  • #38
  • May 11, 2020 11:45am May 11, 2020 11:45am
Quoting kodakwhite
I do not need provide any backtest data, I did tests - it's up to any other people judgement, at the end of the day they will come to the same conclusion by losing money one way or another.
I have a bridge on the moon made out of cheese I would like to sell you bruh
  • #39
  • Edited 4:20am May 13, 2020 3:32am | Edited 4:20am
Quoting candyman752
I am going to try and explain some logic. Firstly have a look at the EurUsd chart. Here is template I am using{file} Chart should look like this once you place template{image}. In the chart I have circled pattern I think is worth coding. This pattern happened on 2nd January 2012. Secondly I code it . In the program the pattern setup code is called buyc03. Note that the bot uses trade comment to differentiate or assign a setup. Thirdly I code two trigger. One trigger is when there is a setup and there is no trade then send a trade. other trigger...
Good Morning,
I hope that you are well.

Do you know what the settings used were for the Donchian Channels in your picture with the arrow please?
I have looked at the code and think it is channel 1 = 80 and channel 2 = 20?

I used the template that you kindly supplied but obviously I clearly don't have the right indicator(s) for it.
Thank you
  • #40
  • May 13, 2020 7:50am May 13, 2020 7:50am
Quoting Scchplendid
{quote} Good Morning, I hope that you are well. Do you know what the settings used were for the Donchian Channels in your picture with the arrow please? I have looked at the code and think it is channel 1 = 80 and channel 2 = 20? I used the template that you kindly supplied but obviously I clearly don't have the right indicator(s) for it. Thank you
One channel is 22 the other channel is 5. I will post the donchian indicator I am using. But any should do the job. Hr 4 chart
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