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scooby-doo BOJ JPY pairs trading robot

  • #2,101
  • Nov 15, 2009 11:55am Nov 15, 2009 11:55am
Quoting scooby-doo
This is the correct code from the script.
There you go, just attach to any chart.

Please note that I haven't tested it, just wrapped the original code in the loop. It will check for connection every 1 sec default, change it with CheckIntervalSec parameter if you want.
Attached File(s)
File Type: mq4 ReconnectEA.mq4   3 KB | 363 downloads
  • #2,102
  • Nov 15, 2009 11:58am Nov 15, 2009 11:58am
Quoting scooby-doo

I have built all the above into the EA. The only thing I cant build in and automate is interest rate changes across the different economies. I have this information in my banks system but on MT4, i think not.

But, we shall see what unfolds...
There are interest rate tables published on the web, maybe you could extract the info from here.
  • #2,103
  • Nov 15, 2009 12:03pm Nov 15, 2009 12:03pm
Quoting OrAnGu
There are interest rate tables published on the web, maybe you could extract the info from here.
I will try and build it in but probably not for this week's testing.

Cheers
  • #2,104
  • Nov 15, 2009 12:05pm Nov 15, 2009 12:05pm
Quoting ab1
Hi Matrixebiz

Thanks for posting your indicator....very helpful.

Just one question...when I bring up the indicator it gives me the time that GMT is, but everything is frozen, ie: second etc does not move ? is that right ? or is it because the markets are not open ? Time now Sunday 17:41 GMT


ab1
Thank you and yes, it is because the markets are not open so MT4 isn't getting any tick data yet.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,105
  • Nov 15, 2009 12:09pm Nov 15, 2009 12:09pm
Quoting scooby-doo
I thought they did have MT4 access via a converter but I might be wrong.

There is nothing wrong with retail brokers as long as you remember that customer service will be poorish if you have a $200 as opposed to a >= $10,000 account. Dont forget high street banks work on a similar premise. When I first started working, my bank didnt give a toss about my account or my complaints but now I get a scheduled meeting monthly with my branch manager.

Like your TP settings, you need to be more realistic.

This link says you need $5,000 as an individual:...
Scooby

Yes I think a convertor is avaliable as you say on the Dukascopy platform, but never tried it out...........

There is a broker recently Ive heard of called "The Collective", based in FL, USA I believe. Started for Brokers by brokers is there moto ! They boast low spreads and claim to look after guys like us (well I mean guys like me really !)

Got the info from a thread on FF thats called "Murrey Math Daily System"

Anyway if you get a chance to have a look id be interested in your comments.


Thanks


ab1
  • #2,106
  • Nov 15, 2009 12:28pm Nov 15, 2009 12:28pm
Quoting ab1
Scooby

Yes I think a convertor is avaliable as you say on the Dukascopy platform, but never tried it out...........

There is a broker recently Ive heard of called "The Collective", based in FL, USA I believe. Started for Brokers by brokers is there moto ! They boast low spreads and claim to look after guys like us (well I mean guys like me really !)

Got the info from a thread on FF thats called "Murrey Math Daily System"

Anyway if you get a chance to have a look id be interested in your comments.


Thanks


ab1
Yes, i will take a look but no offence to any USA citizens here, I wouldnt use any US based brokers. The NFA are a bunch of idiots who's ultimate goal is not to allow retail trading in America.
  • #2,107
  • Nov 15, 2009 3:22pm Nov 15, 2009 3:22pm
Quoting scooby-doo
Yes, i will take a look but no offence to any USA citizens here, I wouldnt use any US based brokers. The NFA are a bunch of idiots who's ultimate goal is not to allow retail trading in America.
These morons belong to the Spawn of Satan. They use the description NFA assuming we are all stupid enough to fall for the federal governmental stuff implied by the title - National Forex Association, National Federal Association, that sort of thing.

These pathetic dipsticks first banned hedging; sadly they were allowed to get away with that. Then, they tried to force through trade last-in-first-out closure, claiming they had to be 'NFA compliant'. Of course they did; they are the NFA. All their accounts started flooding overseas so they back tracked.

SS IBFX did me a favour. Unable to hedge, I am only able to use one robot on the account. KG Range has tripled the size of the account since this fiasco.

Pillocks.

  • #2,108
  • Nov 15, 2009 3:42pm Nov 15, 2009 3:42pm
Dukascopy has supplied a MT4 to JForex Clients Bridge on their website for those looking to have an account with them. So you can pretty much trade on your MT4 platform and orders are automatically entered in their JForex platform.

http://www.dukascopy.com/swiss/engli...jforex_bridge/

And they have also supplied a MT4 to JForex code converter for those trying to import over their MT4 custom indicators. Not entirely sure how accurate it is, but you will probably need to hire a programmer to sort out the small bugs.

http://www.dukascopy.com/swiss/engli...rex/converter/
  • #2,109
  • Nov 15, 2009 3:43pm Nov 15, 2009 3:43pm
There are 4 possibilities to connect the EA to Dukascopy.
1. A MQ4 bridge over the Dukascopy API - could work for this ea, but not very good because we have no information in MT4 if your Dukascopy orders are still open or if they have been filled. So we are trading blind.

2. Use the Java converter - A Java converter exists which converts the mq4 experts to java and offers a library to use MQ4 functions in the java engine. A good solution but you still need to change some parts in the code, but it s still a help.

3. Use a third party trading software to run your genuine MQ4 expert on Dukascopy

4. Use a MT4 broker that offers the Dukascopy feed, I only know 2 but they are offshore and I would not recommend them.

I think No. 2. would be the best solution but I think you wont have a benefit compared to a good retail broker their.
I once had a live account there and I have to say that the customer service is really bad for small customers.
I used limit orders for trading and I saw the price touching the order very often without them getting filled. I had better fills on Alpari UK.
I think you wont have much benefits as retail trader from Dukascopy especially when you are not scalping.
Concerning funds safety UK based brokers are still better although they did apply for a banking licence.

xpie
  • #2,110
  • Nov 15, 2009 3:44pm Nov 15, 2009 3:44pm
I love Mondays!

Easily the most easiest system ever, is to trade the weekend gap as traders attempt to close it.
  • #2,111
  • Nov 15, 2009 3:46pm Nov 15, 2009 3:46pm
As this week looks likely to be a thin one for live trading, I have put up a demo-trading copy of a 24H version of the robot.

'Twill be a miracle if it succeeds long-term, but that doesn't stop us playing with it. Visit post 1 for details.

  • #2,112
  • Nov 15, 2009 4:01pm Nov 15, 2009 4:01pm
Quoting Skylar Locke
I love Mondays!

Easily the most easiest system ever, is to trade the weekend gap as traders attempt to close it.
Morning Skylar .... could you tell me how you trade the gap, I am very interested and would be much appreciated.
  • #2,113
  • Nov 15, 2009 4:02pm Nov 15, 2009 4:02pm
Quoting challenger78
This is true for the first execution of start()... then you need 1 tick only and after that you have infinite loop.. like this

while(true)
{
// check network connection - if dropped reconnect
Sleep(1000);
}

PS I believe you might be able to include the script code inside the EA so that you don't have to call external script
Ahh, I see. Brilliant idea. If nobody else has looked at this since you posted, I will have a think about it next week.

  • #2,114
  • Nov 15, 2009 4:05pm Nov 15, 2009 4:05pm
I want to post a question again I asked some posts earlier but which got lost becausee it got activated / visible a few hours too late.
And no i know how to calculate the time differences :-)
---
I have to ask a question about the time zone again because i found some contradicting information.
In the first postings you are referring to the open of the tokyo stock exchange, (0:00 GMT) Scooby writes that we should start monitoring the trades at 22:30 GMT (1,5 hours before the opening of tokyo stock exchange). So the Ea need to be set at 22:00 GMT (2 hours before the Tokyo open time)
Now a few postings ago Scooby posted a PDF and a link to http://forex.timezoneconverter.com/i...=GMT&refresh=5
which now refers to opening hours of the forex trading instead of the stock exchange which is one hour earlier (23:00 GMT)
Does this now mean that the prior given information was wrong and that we now use 21:00 GMT for the EA setting(respectively 21:30 GMT to start watching the market) or is this just a mistake.
The trader in "A Day in the Life of the Bank of Japan's Foreign Exchange Dealers" also describes that they start working 2 hours before the open of tokyo stock exchange (22 GMT or 07:00 Japan time) so this would speak for the old setting.

Thanks for clarification
  • #2,115
  • Nov 15, 2009 4:08pm Nov 15, 2009 4:08pm
Quoting challenger78
There you go, just attach to any chart.

Please note that I haven't tested it, just wrapped the original code in the loop. It will check for connection every 1 sec default, change it with CheckIntervalSec parameter if you want.
Way ahead of me, I see. Cheers. If this works, we can possibly add it into the trading robot; all the code within start() could be encapsulated within your while(true) loop.

Brilliant. Thanks.

  • #2,116
  • Nov 15, 2009 4:12pm Nov 15, 2009 4:12pm
Steve, first glitch with v2.4 looks like the 'New candle: Sleeping for 30 seconds' triggers every tick.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,117
  • Nov 15, 2009 4:15pm Nov 15, 2009 4:15pm
Quoting 5msport
Morning Skylar .... could you tell me how you trade the gap, I am very interested and would be much appreciated.
Yeah because it will only take him like a minute to explain it.
  • #2,118
  • Nov 15, 2009 4:16pm Nov 15, 2009 4:16pm
Quoting matrixebiz
Steve, first glitch with v2.4 looks like the 'New candle: Sleeping for 30 seconds' triggers every tick.
Yup, just noticed that too.
  • #2,119
  • Nov 15, 2009 4:23pm Nov 15, 2009 4:23pm
Quoting matrixebiz
Steve, first glitch with v2.4 looks like the 'New candle: Sleeping for 30 seconds' triggers every tick.
Oops. Kindergarten-standard blooper here, guys. Too embarrassed to say what. Fix in post 1.

  • #2,120
  • Nov 15, 2009 4:28pm Nov 15, 2009 4:28pm
Quoting SteveHopwood
Way ahead of me, I see. Cheers. If this works, we can possibly add it into the trading robot; all the code within start() could be encapsulated within your while(true) loop.

Brilliant. Thanks.

Steve,

it's best if you dont mix the 2. The reconnect bot operates in a loop with a pause of 1 sec, your bot needs to react in each tick. More trouble than worth it trying to mix them IMHO.

Thanks
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