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scooby-doo BOJ JPY pairs trading robot

  • #1,141
  • Nov 9, 2009 12:13pm Nov 9, 2009 12:13pm
Quoting scooby-doo
I am coming to the conclusion that I should never have shared this method or have allowed the EA to be built.

There are people here that should not be trading forex even with nano lots on a demo account.

Sorry if this seems harsh but this thread was not meant for complete beginners, this is my fault for not making this clear earlier.

Scoobs,

Sorry to see you go just found the thread today, Thank you for your kind wisdom and generosity.

Jim
  • #1,142
  • Nov 9, 2009 12:21pm Nov 9, 2009 12:21pm
This is a multi pair system, as such cannot be backtested in MT4.

Quoting fxspeedster
hi,
Has anybody ran any backtests on v 1.8 of the EA? I looked through the thread which is growing at a very fast rate but could not find any. I think it would be a wise idea to have some sort of solid stats over at least 1 year to establish a good base for the concept. If any of you have any backtest reports please share them.
  • #1,143
  • Nov 9, 2009 12:34pm Nov 9, 2009 12:34pm
Sorry to see you go scooby. We are probably all noobs compared to what you know.

I somewhat know how you feel I've been dry cleaning for over 38 years I've cleaned millions of pounds of clothes and I'll get some newbie asking a question on our dry clean forum that makes a person just think what the heck are you doing. But we all started out young and new.

There is allot of material here some questions and comments are great some irritating (what time is it).

I hope MT5 , which I don't know much if anything about, will address time issues and when you add a file to your folder that you don't have to exit the program and go back in to have it show up. Piracy issues

Keep in touch and hopefully you will visit again from time to time and update us with your 24/5 system
  • #1,144
  • Nov 9, 2009 12:47pm Nov 9, 2009 12:47pm
Hello Steve and Scooby-doo, I am sorry to see that you will not be posting to the thread since I really appreciate all the work you and Steve have made in first allowing this method to be shared to us. I have only been using it for a few days, and I am very very happy with the results.
Steve, I have said this in the past, I am at awe to your coding ability. I have tried some myself with the basic problem I found. You put a lot of hard work and quality in your ea's.
I hope the development of the ea will still continue.
I wish the best of the holiday season to you, Scooby-doo and all the rest on the thread!

Thank you again for allowing us to test the ea.
Have a great day!

Vince- Still have not made enough posts to change my user name from Letizia to something else. Letizia was my mom and I was using her name out of memorial to when she died. It has been a year now. Sorry for this added note, but some might be curious as to why Letizia as username.
  • #1,145
  • Nov 9, 2009 1:02pm Nov 9, 2009 1:02pm
Quoting matrixebiz
Steve, do you think the Sleep feature is actually helping anything before the iCustom calls are actually made?

What I mean is, when the EA (iCustom call) asks for a value from the indicator, does it first check and see if the indicator is actually loaded onto the chart which you would hope because it has its values settled out and calculated already OR does it call the Indicator file from you PC as if it wasn't loaded on the chart which would mean it only loads the Indicator in the Background for One quick read which as we know these Indicators...
Brilliant. Thanks for that. I will remove it. In the meantime, people can just set it to 0 and forget about it.

  • #1,146
  • Nov 9, 2009 1:05pm Nov 9, 2009 1:05pm
Quoting challenger78
This is a multi pair system, as such cannot be backtested in MT4.
Backtesting this system would be quite challenging, but not impossible.

If I get some time (and that's a big IF), I will try to work on this.
  • #1,147
  • Nov 9, 2009 1:18pm Nov 9, 2009 1:18pm
Quoting scooby-doo
I am coming to the conclusion that I should never have shared this method or have allowed the EA to be built.

There are people here that should not be trading forex even with nano lots on a demo account.

Sorry if this seems harsh but this thread was not meant for complete beginners, this is my fault for not making this clear earlier.

Scoobs,
Don't feel like this, Scoobs. One of the problems of a thread like this is that it attracts stupid questions from those too dim, lazy or both to read the material presented to them properly.

My way of dealing with them is simply to ignore them. If they become seriously annoying, I add them to my ignore list. When the thread is my own, this automatically bars them from posting.

I gave serious thought to allowing only traders with a vouch to contribute. The trouble with this approach is it bars people whose contributions are actually useful - Matrixebiz for just one example (I could give more), until a few minutes ago, at least.

If this is really it for you, then all we can do is thank you from the bottom of our hearts for what you have already given us. What you have contributed already is clearly gold-dust to anyone with a firing brain-cell. I hope you will stop buy from time to time.

Not that this thread has much longer to live anyway. It is about a robot that trades a very simple system. It is a simple robot and is all-but complete; all that remains is the i-dotting and t-crossing.

  • #1,148
  • Nov 9, 2009 1:22pm Nov 9, 2009 1:22pm
Quoting zznbrm
Backtesting this system would be quite challenging, but not impossible.

If I get some time (and that's a big IF), I will try to work on this.
Don't bother. Only an idiot thinks this robot will backtest.

Particularly in the face of some of us using it live on our actual trading accounts.

Actually, this thread has done remarkably well in avoiding these two posts, which usually arise quite quickly. In different forms, they go like this:

 

  1. ples can sum1 post the indicators and template 4 ur magnificent system.
  2. who has backtests for this EA?

Ok, so the backtest reared its ugly head today, but it took a week.

  • #1,149
  • Nov 9, 2009 1:42pm Nov 9, 2009 1:42pm
What my last successful trader did was;

1 put together the most helpful, gracious, and appreciative, people. set up a list and they went on to make a bundle......think about it. the rest just ended up killing the thread Just dont forget me..
GREED IS THE ULTIMATE INDICATOR
  • #1,150
  • Nov 9, 2009 1:46pm Nov 9, 2009 1:46pm
If Steve doesnt mind then I will pop back from time to time to see how people are doing. But i am not going to answer any questions unless they come to me via Steve on personal email.

I am sure many competent traders here have, after reading the intervention document, realised that this can be used for trading other currency pairs outside of this methodology. I dont need to say anymore on that.

As i said before, you have all the information at hand and a good EA to trade this method. They maybe a few bugs but I am sure Steve will iron these out. Dont forget this only started just over a week ago.

Lastly, do not be greedy with the TP setting otherwise you will get burnt, panic and end with a large loss. The one thing commercial traders do not do is panic, they always have a back up or get out of jail card. This doesnt mean they escape all losses but drastically confine their market exposure. The trader i posted about losing $800,000 at one point had an exposure of over 4.5M. He only escaped with the above which although big to some of you is not on a trading floor, he did very well to get it down to that figure.

Now, go and get those $, however small they maybe.

Cheers,

Scooby.
  • #1,151
  • Nov 9, 2009 1:54pm Nov 9, 2009 1:54pm
NOW THATS THE WAY TO GO OUT!!!!! CHEERS

Steve, I know there are a few bugs. and you will figure these out. anything I can do, let me know(not a coder though) I do have extensive knowledge on the jpn though. I can help with preparation, and confirmation
GREED IS THE ULTIMATE INDICATOR
  • #1,152
  • Nov 9, 2009 1:58pm Nov 9, 2009 1:58pm
Quoting SteveHopwood

  1. ples can sum1 post the indicators and template 4 ur magnificent system

Classic! Every time I read your post it's still making me chuckle.
  • #1,153
  • Edited 2:18pm Nov 9, 2009 1:59pm | Edited 2:18pm
I suggest a secondary thread as an adjunct to a primary, vouchered thread, a "Scooby-Doo Basket Trading Thread for Dummies," that scooby, Steve, and Scott may review, if they so choose, for any potentially valuable material. In this secondary thread the Dummies, like the souls of the damned, may torment themselves ad infinitum with questions about time, lot sizes, smiley faces, etc.etc.
Vincit qui se vincit.
  • #1,154
  • Nov 9, 2009 2:02pm Nov 9, 2009 2:02pm
I'm the first to get annoyed by nooby type queries, but we have to remember this is a public forum, and that we all started from a position of ignorance (I couldn't fathon what a 'pip' was for at least 2 months). It's understandable and human nature for some (if not all) to dive in at the end of thread and ask questions which have already been answered.

I'm not saying it's right, but just playing devil's advocate and suggesting not to get too pissed off with the ignorant masses (of which I am one). If I got hacked off teaching the juniors in my career I would soon become a very miserable man.
TRADE FOR SWAP
  • #1,155
  • Nov 9, 2009 2:02pm Nov 9, 2009 2:02pm
Quoting SteveHopwood
Don't bother. Only an idiot thinks this robot will backtest.

Particularly in the face of some of us using it live on our actual trading accounts.

Actually, this thread has done remarkably well in avoiding these two posts, which usually arise quite quickly. In different forms, they go like this:

 

  1. ples can sum1 post the indicators and template 4 ur magnificent system.
  2. who has backtests for this EA?

Ok, so the backtest reared its ugly head today, but it took a week.

I was not going to backtest the "robot". I was going to backtest the strategy contained within the robot. As a programmer, I'm sure you can understand the difference. Since backtest results do not seem to be welcomed, I will keep my findings private.

And, of course, I will continue to run the EA live also.

Thanks for sharing your skills and knowledge!
  • #1,156
  • Nov 9, 2009 2:03pm Nov 9, 2009 2:03pm
I dont spend too much time here and dont ask for vouch's. However, I can read the thread and understand everything that needs to be. I still feel that anyone(based on the 1000+ posts) should not be asking infantile questions. if you dont know the answer , look till you find it.

its up to the key personell to do what they want. me personally. I would kick this thread to the curb. what needed to be do is done and on this thread.......
GREED IS THE ULTIMATE INDICATOR
  • #1,157
  • Nov 9, 2009 2:08pm Nov 9, 2009 2:08pm
Yep also sad to see the Scoob man go but I can't blame him with cheeky buggers asking him to trade their accounts and foolishness like that!

We have the excellent trading robot, we have the excellent PDFs, its pretty much plug it in and keep the basket tp to 200 and you should make some reliable regular gains.

Lock and load gentleman and ladies - the evening trade approacheth!


Cal
  • #1,158
  • Nov 9, 2009 2:24pm Nov 9, 2009 2:24pm
Quoting cgldsmth
I'm the first to get annoyed by nooby type queries, but we have to remember this is a public forum, and that we all started from a position of ignorance (I couldn't fathon what a 'pip' was for at least 2 months). It's understandable and human nature for some (if not all) to dive in at the end of thread and ask questions which have already been answered.

I'm not saying it's right, but just playing devil's advocate and suggesting not to get too pissed off with the ignorant masses (of which I am one). If I got hacked off teaching the juniors in my...
Agree to a certain extent cgldsmth, but if people just made a miniscule amount of effort then they would quickly understand what was going on here.
I'm no expert trader or expert programmer, but at least I took the time and had respect for other members: enough respect to educate myself and understand. It's not rocket science and it's not that difficult a concept to get your head round.
If people can't even make the effort to understand, then it's a poor show and it shows a lack of respect IMHO.
And as for the time setting issue, well I'm not being funny but if people can't work that out then you really do fear for the future of society in general. Can people not tell the time? Can they not add or subtract? Or maybe they can't be bothered. Or both.
Anyone seen that film 'Idiocracy' ? Not a classic film by any means, but the tongue-in-cheek ideology behind the film makes you think.....
End of rant!
  • #1,159
  • Nov 9, 2009 2:32pm Nov 9, 2009 2:32pm
Fantastic collaboration, and a fantastic result.
  • #1,160
  • Nov 9, 2009 2:35pm Nov 9, 2009 2:35pm
Hello scooby-doo;

It is really sad seeing you leave after building such a solid thread, I believe people ask the wrong questions not because of how much education they get in their life, or whether they mentally smart or not, it is about that some people don't want to put effort in it and read from the beginning and see how the system developed.

Anyway scooby you didn't gave us hope that in something that might work, but it is in something that will work, it is hard to give us hope then suddenly take it. I am not blaming you, but in general life you meet good and bad people, that doesn't mean that all people are bad, you can't punish the majority for that sake of a few, as Steve said if there is a silly question or something that can be known through reading the thread then don't answer it...easily.
I am saying this because I want you to come again and give us more advices or info., it is because we want to see you around as a backup for us.

That is all ... bye for now ... and hope to see you around soon
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