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Milking Pips From EurUsd with Bots

  • #61
  • May 15, 2020 11:49am May 15, 2020 11:49am
Quoting Scchplendid
{quote} Thank you very much. I'm keen to lock eyes on the patterns that you describe. I have found a decent pattern using the TrueTMA indicator with H4 and H1 bands. Once the H1 (green) band goes outside the H4 (orange) band and, upon its return inside it, you buy or sell. It looks mighty impressive on any time frame. No idea how to make a bot out of it yet, still learning and will not post the indicator here as it is not a bot, just the settings if that's okay. Happy to delete if not though as do not want to distract from your fine work. {image}...
This is what it should have looked like if I applied the settings you posted
bool buyc26 =( LowerTma(PERIOD_H1,60,6,120,2) < LowerTma(PERIOD_H4,60,8,120,1)
&& LowerTma(PERIOD_H1,60,6,120,1) > LowerTma(PERIOD_H4,60,8,120,1)
  • #62
  • May 15, 2020 1:27pm May 15, 2020 1:27pm
Quoting candyman752
{quote} Let me clarify on the term mucking about. I am looking at a 4 hour chart. I look to see if I can sot a pattern. Once I spot it. I code it. If a pattern is profitable from 2012 I load it here. One thing I have learnt. Let the trade come to you. If that pattern takes months so be it. It is that pattern. I am looking for more patterns. Hopefully the gaps in one pattern will be covered by the others.. Here is a buy pattern added to v01{file}

Fair perspective, i understand your larger project now. With an accumulation of reliable patterns the bot could then trade at a reasonable frequency.

Didn't quite get it at first, i don't trade this way
its just a script. join the club
  • #63
  • May 15, 2020 1:33pm May 15, 2020 1:33pm
Quoting Dzap
{quote} Fair perspective, i understand your larger project now. With an accumulation of reliable patterns the bot could then trade at a reasonable frequency. Didn't quite get it at first, i don't trade this way
You are spot.....
Which way do you trade??
  • #64
  • Edited 2:01pm May 15, 2020 1:49pm | Edited 2:01pm
Quoting candyman752
{quote} You are spot..... Which way do you trade??
I trade price action with position management on 1min charts. It is a very simple but active trading style.
I close all trades at the end of the trading sessions.
I am too impatient to wait for setups so i am flexible to the market.
its just a script. join the club
  • #65
  • May 15, 2020 2:21pm May 15, 2020 2:21pm
Quoting candyman752
{quote} Hi Scchpendid, Nice one buddy, I now have TMA true as function in the bot. Here is bot {file} if you go to line 1320 you will see simple condition like so LowerTma(PERIOD_H1,60,100,20,2) < LowerTma(PERIOD_H4,60,100,20,1) && LowerTma(PERIOD_H1,60,100,20,1) > LowerTma(PERIOD_H4,60,100,20,1) I need to put the settings you sent and see how it goes. I ham hoping you will play around with it too.
Wow! I was not expecting you to code it for me. That is very kind of you Candyman - thank you very much!
I will test it right away and update you with the results.
  • #66
  • May 15, 2020 2:26pm May 15, 2020 2:26pm
Quoting candyman752
The other day strategy tested the donchian bot's ability to increase the lot size as the account balance increased. The result was ok but I realised there was an issue. There are some conditions I had forgotten to proportionate with the lot size. I did so and bam {image} It took a 200 usd account in 2012 to 32 000 usd up to date. here is updated version{file}
I'll send an armoured truck to pick up my profits (kerching)
Joking aside, I'm looking forward to testing this one and learning how the code works - thank you!
  • #67
  • May 16, 2020 12:28am May 16, 2020 12:28am
Hello.. seems like a great thread.. i have a few questions:

1. All these EA's you attach them to 15min chart?

2. Are you trading live with any of them? If yes how has it been going for you?

3. With my experience with strategy tester, expecially with trailing stop related EA's the result looks great on strategy tester but on live acc its very very bad, is this possible with your EA's?

Anyway great work bro, keep up the great work, looking farward to hearing from you, thank you in advance!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #68
  • May 16, 2020 3:57am May 16, 2020 3:57am
Quoting candyman752
{quote} This is what it should have looked like if I applied the settings you posted bool buyc26 =( LowerTma(PERIOD_H1,60,6,120,2) < LowerTma(PERIOD_H4,60,8,120,1) && LowerTma(PERIOD_H1,60,6,120,1) > LowerTma(PERIOD_H4,60,8,120,1)
Morning, how are you doing?
I thought that the settings should be:

bool buyc26 =( LowerTma(PERIOD_H1,60,120,60,6) < LowerTma(PERIOD_H4,240,120,60,8)
&& LowerTma(PERIOD_H1,60,120,60,6) > LowerTma(PERIOD_H4,240,120,60,8)

In the coding, what are each of the numbers representing please?
Is it timeframe, halflength, ATRmultiplier and AtrPeriod?

Thank you
  • #69
  • May 16, 2020 4:09am May 16, 2020 4:09am
Quoting Scchplendid
{quote} Wow! I was not expecting you to code it for me. That is very kind of you Candyman - thank you very much! I will test it right away and update you with the results.
Please note I just posted this one so you would know I am working on it. It is not yet complete. I have tested the TMA function in bot to check that the value it is calculating corresponds with the indicator result and they correspond. If you have been testing you will note I still have to put the sending sell orders.
Also I have to remove the filters I put between the signal being generated and the sending of the order.

You had said that you have basic experience with code, so it could be you already have sorted these out.

One question. Is that the only condition you have for the signal to be generated is that Hr1 band on previous candle was outside Hr4 band then when Hr1 crosses above Hr4 band BUY ?
  • #70
  • May 16, 2020 4:32am May 16, 2020 4:32am
Quoting Soros
Hello.. seems like a great thread.. i have a few questions: 1. All these EA's you attach them to 15min chart? 2. Are you trading live with any of them? If yes how has it been going for you? 3. With my experience with strategy tester, expecially with trailing stop related EA's the result looks great on strategy tester but on live acc its very very bad, is this possible with your EA's? Anyway great work bro, keep up the great work, looking farward to hearing from you, thank you in advance!
the answer to
1. yes put them on 15Min.
2. No I have not put them on live account. If I had free VPS I would have EurUsd Donchian on Live account or channel 30.
3. Very good question. I found the problem that causes that in strategy tester and dealt with. I have meaning to tell people about it.
This problem is caused by a bot using fancy code to close a trade. A way of seeing whether bot has this problem is this.
Test the bot using the optimization tab. After you test it that it will give you a figure for the profit. Then test the bot the ordinary way.
If the profit for optimization is different from the ordinary testing it means there is code that closes trades in a fancy way.
But another way problem of difference in performance is some coders jig or do some false code in the bot. If you notice I post bots with open source code.
This is so other coders can go through my code and check if I have done a crooked code. So usually if someone is saying my bot performs well but does not give you open source. RUN. Lastly strategy tester does not have information like widening of spread and this is why it is best to forward test a bot. Which let it demo for a couple of months. Because you never know what bugs you left out and just to do due diligence. I did this for channel 30 bot. I put it on demo account in December 2019. In April 2020 it doubled the account. I actually took my rent money at the beginning of march and put on live account and let it trade for a month . Made me profit and withdrew the money at end of march.
I believe the EA's need one month demo test just to establish that there is not bugs,

Ok your 3rd question is actually two fold. The other thing you asking is if the bot has a profitable strategy in it. I believe the strategy is solid. I actually have been open in showing how I am coming up with the setups
.
  • #71
  • May 16, 2020 4:56am May 16, 2020 4:56am
Quoting Scchplendid
{quote} Morning, how are you doing? I thought that the settings should be: bool buyc26 =( LowerTma(PERIOD_H1,60,120,60,6) < LowerTma(PERIOD_H4,240,120,60,8) && LowerTma(PERIOD_H1,60,120,60,6) > LowerTma(PERIOD_H4,240,120,60,8) In the coding, what are each of the numbers representing please? Is it timeframe, halflength, ATRmultiplier and AtrPeriod? Thank you
My apology's I thought you had more knowledge on coding. To answer your question LowerTma( timeframe, HalfLength , atrmultiplier, atrperiod , int shift)

I will need to set an appointment with you.. We need to agree when we both free and are at our computers and then we hammer away at this thing
  • #72
  • May 16, 2020 5:33am May 16, 2020 5:33am
Quoting candyman752
{quote} the answer to 1. yes put them on 15Min. 2. No I have not put them on live account. If I had free VPS I would have EurUsd Donchian on Live account or channel 30. 3. Very good question. I found the problem that causes that in strategy tester and dealt with. I have meaning to tell people about it. This problem is caused by a bot using fancy code to close a trade. A way of seeing whether bot has this problem is this. Test the bot using the optimization tab. After you test it that it will give you a figure for the profit. Then test the bot the...
Firstly i would like to thank you for taking time to explain everything to me. I highly apreciate it.

I just wana make sure i understand you correctly, you said that bot will work the same on farward test, nothing will change from the back test unless EA has bugs?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #73
  • May 16, 2020 5:34am May 16, 2020 5:34am
Also where can i find channel 30?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #74
  • May 16, 2020 5:58am May 16, 2020 5:58am
Quoting Soros
{quote} Firstly i would like to thank you for taking time to explain everything to me. I highly apreciate it. I just wana make sure i understand you correctly, you said that bot will work the same on farward test, nothing will change from the back test unless EA has bugs?
That's the correct. Remember in strategy tester spread is fixed where as live or demo testing it widens. Also I test using open candle and not every tick on strategy tester. Every tick would take ages to test. One slight problem with open candle is stop loss
. Let us say on the previous candle the low of the candle went below the stop loss but closed above it. In forward testing the order will be closed but in strategy tester it remains open. Hope you understand that explanation.
I basing my confidence on what I did with channel 30. First i strategy tested then i forward tested. There was minimal difference.
  • #75
  • May 16, 2020 6:11am May 16, 2020 6:11am
Quoting Soros
{quote} Firstly i would like to thank you for taking time to explain everything to me. I highly apreciate it. I just wana make sure i understand you correctly, you said that bot will work the same on farward test, nothing will change from the back test unless EA has bugs?
Another thing I can point out is this. All I have done is gone to January 2012. Looked at the 4 Hr chart to see if I can spot a high probability buy setup.
After finding a setup I code it then I put the bot in strategy tester and ask it look from 2012 up to date to see if it can find that pattern in the data. Think of that a buy pattern that I spot in 2012 . I run it through the years of data to find that setup. What does that tell you about the setup when strategy tester comes out with profit.

Anyway that's just my two cents on how I think
  • #76
  • May 16, 2020 6:16am May 16, 2020 6:16am
Quoting Scchplendid
{quote} Morning, how are you doing? I thought that the settings should be: bool buyc26 =( LowerTma(PERIOD_H1,60,120,60,6) < LowerTma(PERIOD_H4,240,120,60,8) && LowerTma(PERIOD_H1,60,120,60,6) > LowerTma(PERIOD_H4,240,120,60,8) In the coding, what are each of the numbers representing please? Is it timeframe, halflength, ATRmultiplier and AtrPeriod? Thank you
I am thinking it will be good to have a template
  • #77
  • Edited 6:40am May 16, 2020 6:25am | Edited 6:40am
Quoting Soros
Also where can i find channel 30?
you can find it at this link below

https://www.forexfactory.com/showthr...7#post12900487

You have to , MUST put it on GBPUSD and EURUSD. They balance each other out
  • #78
  • May 16, 2020 6:47am May 16, 2020 6:47am
God bless you bro!!!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #79
  • May 16, 2020 6:55am May 16, 2020 6:55am
Quoting Scchplendid
{quote} Morning, how are you doing? I thought that the settings should be: bool buyc26 =( LowerTma(PERIOD_H1,60,120,60,6) < LowerTma(PERIOD_H4,240,120,60,8) && LowerTma(PERIOD_H1,60,120,60,6) > LowerTma(PERIOD_H4,240,120,60,8) In the coding, what are each of the numbers representing please? Is it timeframe, halflength, ATRmultiplier and AtrPeriod? Thank you
I have tried to put together a template.
Attached File(s)
File Type: tpl TMA.tpl   2 KB | 475 downloads

Here is what it looks like
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 88 KB
  • #80
  • May 16, 2020 7:30am May 16, 2020 7:30am
I have started working on how to use this TMA to milk EurUsd.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 51 KB

It definitely has potential.
Please note that earlier TMA bot has been worked to be able to achieve this. I will post the bot once I start getting awesome results. Or truck loads of pips
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