scooby-doo BOJ JPY pairs trading robot | Page 62 | Forex Factory

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scooby-doo BOJ JPY pairs trading robot

  • #1,221
  • Nov 10, 2009 1:09am Nov 10, 2009 1:09am
Trade taken by EA 7:34 GMT (News setting off). Not one I would have taken personally on a live account given the large drop in price below the 200 SMA.

An interesting ride though with large drawdown, closed out manually with a profit under the Basket TP, but at least a profit. Price did go on to meet the Basket TP.
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  • #1,222
  • Nov 10, 2009 1:30am Nov 10, 2009 1:30am
Trade not taken this morning due to news filter, but I have noticed that since the trade was filtered out, ffcal indicator keeps loading and unloading in what seems to be an endless loop, cluttering with lines and lines of log the expert and journal tabs.

I am waiting to see if it stops when outside of trading hours or if it really is an endless loop.
  • #1,223
  • Nov 10, 2009 2:01am Nov 10, 2009 2:01am
Quoting OrAnGu
Trade not taken this morning due to news filter, but I have noticed that since the trade was filtered out, ffcal indicator keeps loading and unloading in what seems to be an endless loop, cluttering with lines and lines of log the expert and journal tabs.

I am waiting to see if it stops when outside of trading hours or if it really is an endless loop.
Same here...
"The only successful substitute for brains is silence."
  • #1,224
  • Nov 10, 2009 2:36am Nov 10, 2009 2:36am
I had a buy basket 45 mins ago and closed manually for a large loss. WTF
  • #1,225
  • Nov 10, 2009 2:38am Nov 10, 2009 2:38am
The loop came to an end when the ea went out of trading hours.
  • #1,226
  • Nov 10, 2009 2:41am Nov 10, 2009 2:41am
Quoting Corppu
I had a buy basket 45 mins ago and closed manually for a large loss. WTF
If you were using last version of the ea and the news filter was on (it is on by default) the trade should not have happened.
  • #1,227
  • Nov 10, 2009 2:51am Nov 10, 2009 2:51am
Quoting OrAnGu
If you were using last version of the ea and the news filter was on (it is on by default) the trade should not have happened.
It should have rather been a sell anyway, right? I had a buy. Filter was on.

It was just after logging in.
  • #1,228
  • Nov 10, 2009 3:10am Nov 10, 2009 3:10am
If you had bothered reading the thread you would know that at Tokyo close we buy only.. no wonder scooby was turned off... I don't blame him.


Quoting Corppu
It should have rather been a sell anyway, right? I had a buy. Filter was on.

It was just after logging in.
  • #1,229
  • Nov 10, 2009 3:14am Nov 10, 2009 3:14am
Quoting challenger78
If you had bothered reading the thread you would know that at Tokyo close we buy only.. no wonder scooby was turned off... I don't blame him.

I have read the thread but do not understand why it takes a buy when the indicator is lined up to take a sell. I do not mean it should have taken a sell, rather not take a buy.
  • #1,230
  • Nov 10, 2009 3:17am Nov 10, 2009 3:17am
Hi there

I have news set to False on my demo acc and I managed to grab $180+. I closed it manually ..
  • #1,231
  • Nov 10, 2009 3:19am Nov 10, 2009 3:19am
Quoting Corppu
It should have rather been a sell anyway, right? I had a buy. Filter was on.

It was just after logging in.
Not right, Japan close is buy time, the ea looks for sells at Japan open time. It is all well explained in a pdf file in first post, and various other times throughout the thread.
  • #1,232
  • Nov 10, 2009 3:21am Nov 10, 2009 3:21am
Hi Steve,

I have a suggestion for the EA, I can code it if you want too.

Use a global variable to store the profit target (in USD). When the EA calculates the profit target, it will set this variable. When the trades are closed it will delete it. When there are open trades, before checking for TP hit, it will read this variable.

The use of that is, if in an open trade the user wants to modify the $ TP target, they can do it by changing the value of this variable in MT4 under Tools -> Global variables. This would give more flexibility to the user to manipulate the TP in case they are at the PC and they have XYZ reason to believe price will move more or less than expected, or if for XYZ reason decide to close one of the trades manually at some point, in which case the basket TP should be reduced as we have less pairs now.
  • #1,233
  • Nov 10, 2009 3:24am Nov 10, 2009 3:24am
And why do you think the indicator is lined up to take a sell?

(Apologies to more advanced members for bringing down the level, but perhaps this person is genuinly trying to understand...)

Quoting Corppu
I have read the thread but do not understand why it takes a buy when the indicator is lined up to take a sell. I do not mean it should have taken a sell, rather not take a buy.
  • #1,234
  • Nov 10, 2009 3:26am Nov 10, 2009 3:26am
At 10.08 (London +2) it should not have taken a buy.

I thought the "trades after login" had been fixed.
  • #1,235
  • Edited 4:21am Nov 10, 2009 3:26am | Edited 4:21am
Quoting Corppu
I have read the thread but do not understand why it takes a buy when the indicator is lined up to take a sell. I do not mean it should have taken a sell, rather not take a buy.
Hi Corppu, maybe could you explain what it is that you saw on the indicator for it to be lined up to take a sell - in your view.

Maybe a picy I can understand picys.

cheers scalpz
Target 2 : Stoploss in the green
  • #1,236
  • Nov 10, 2009 3:29am Nov 10, 2009 3:29am
All of my trades were stopped by impending news releases. Hey ho. Tomorrow is another day.

Some useful stuff came in via pm's whilst I was asleep; thanks for those and I shall respond later. I cannot do so straight away as I have to go out and shall not return until much later on.

I have added a couple of things to my to-do list:

 

  1. sort out the calls to FFCal; last night's fix was a quickie. Fixing this is easy, I just haven't time to do it right now.
  2. add an error message alert when a trade is cancelled because the spread is too wide - this is the cause of incomplete baskets being sent. Once we know how often this happens, we can work out what to do about it.

  • #1,237
  • Nov 10, 2009 3:30am Nov 10, 2009 3:30am
This is the 4th line of the 1st post of this thread:

One well known trading method with JPY currencies is that the BOJ intervene on a daily basis with them. So, if they are oversold prior to Tokyo open, then SELL them all. Likewise if they are overbought prior to Tokyo close, then BUY them all."

The time you mentioned corresponds to Tokyo close. Hint: Notice the words in CAPITAL letters.

I hope you are clear now.

Quoting Corppu
At 10.08 (London +2) it should not have taken a buy.

I thought the "trades after login" had been fixed.
  • #1,238
  • Nov 10, 2009 3:47am Nov 10, 2009 3:47am
Quoting Corppu
I have read the thread but do not understand why it takes a buy when the indicator is lined up to take a sell. I do not mean it should have taken a sell, rather not take a buy.

Really? I mean really... please read. your question has been answered at least well 5 times that i can think of.
  • #1,239
  • Edited 4:05am Nov 10, 2009 3:54am | Edited 4:05am
Hi Steve, I noticed a bit of a problem with v2 and 1.6 well ever since the ffcal was added. My mt4 seems to give me a fatal error as soon as robot tries to open it and all i have is OK button, which when pressed closes my mt4. I am not sure why ffcal is crashing my platform? it only does it on my VPS which is 64bit windows server 2003 sp2. I have tried recompiling it but it did not help.

it seems to be only causing this problem on my live accounts ...

  • #1,240
  • Nov 10, 2009 4:19am Nov 10, 2009 4:19am
Quoting challenger78
This is the 4th line of the 1st post of this thread:

One well known trading method with JPY currencies is that the BOJ intervene on a daily basis with them. So, if they are oversold prior to Tokyo open, then SELL them all. Likewise if they are overbought prior to Tokyo close, then BUY them all."

The time you mentioned corresponds to Tokyo close. Hint: Notice the words in CAPITAL letters.

I hope you are clear now.

I had it all wrong. Sorry about that.
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