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scooby-doo BOJ JPY pairs trading robot

  • #2,281
  • Nov 16, 2009 2:40pm Nov 16, 2009 2:40pm
Quoting foggyTrader
Mine starts at 22:30GMT, selling hour starts at 22:00 and trade monitoring starts 30 minutes later, 22:30GMT.

Cheers
Foggytrader
Oh FFS! I dropped a bollock there! I did have it right until I changed it 2 days ago after looking at the new market hours!
  • #2,282
  • Nov 16, 2009 2:43pm Nov 16, 2009 2:43pm
Quoting Jezza
Oh FFS! I dropped a bollock there! I did have it right until I changed it 2 days ago after looking at the new market hours!
No probs...

Cheers
Foggytrader
  • #2,283
  • Nov 16, 2009 2:43pm Nov 16, 2009 2:43pm
Quoting matrixebiz
Steve and Scoobs - I hope you don't think I'm crazy for doing this but I'm writing a little Indicator to show the user what to set for their Buy and Sell Start hours. You could incorporate it into your EA if you want later.

Sample pic below. Code isn't finished yet
Brilliant if you can do this, matrixebiz. Automating this is one of the features I have in mind for the future, but with no idea how to go about it.

  • #2,284
  • Nov 16, 2009 2:45pm Nov 16, 2009 2:45pm
Quoting foggyTrader
Mine starts at 22:30GMT, selling hour starts at 22:00 and trade monitoring starts 30 minutes later, 22:30GMT.

Cheers
Foggytrader
So you and Jezza live in the GMT TimeZone then? if you are in GMT then your EA SELL start should be 21:00 GMT.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,285
  • Nov 16, 2009 3:04pm Nov 16, 2009 3:04pm
Quoting Pippopotamus
are you sure about the Friday time caveat??
Yes, unless you are an experienced trader who understands USD happenings on Fridays after 12.00pm GMT before weekend closure.
  • #2,286
  • Nov 16, 2009 3:04pm Nov 16, 2009 3:04pm
Quoting scooby-doo
Information

As a general rule you should not take any new trade's between 4.00pm GMT and 10.00pm GMT Monday to Thursday. On a Friday you should not be taking any new trade's after 12.00pm GMT.
God help us both; I shall add trading-hours to the 24H robot.

In the very local time that so many are unable to comprehend.

I might start out with the threat that any dipstick unable to tell the time and telling us about it, attracts an instant bar from posting in this thread. It won't stop the dimwits asking about it, but at least I shall be able to hit the ignore-this-cretin button instantly and without conscience.
  • #2,287
  • Nov 16, 2009 3:05pm Nov 16, 2009 3:05pm
Quoting matrixebiz
So you and Jezza live in the GMT TimeZone then? if you are in GMT then your EA SELL start should be 21:00 GMT.
So I DO have it right. Thats what I thought. Tokyo Open minus 2 hours is 9pm GMT.
So why is the EA default set at 10pm GMT??
And, that being so, if the EA starts monitoring for trades at 9.30pm GMT then in light of Scoobys post about not taking trades between 4pm GMT and 10pm GMT then should the start hour be changed?
  • #2,288
  • Nov 16, 2009 3:06pm Nov 16, 2009 3:06pm
Quoting matrixebiz
Steve and Scoobs - I hope you don't think I'm crazy for doing this but I'm writing a little Indicator to show the user what to set for their Buy and Sell Start hours. You could incorporate it into your EA if you want later.

Sample pic below. Code isn't finished yet
Matrix,

Nice and simple. I like it. I think Sell Start would be 16 and Buy Start = 0 in your screen shot. Look likeyou have them flipped. Other than that looks good to me.

I'm basing that on the definition on Page 1.

SellHourStarts: the hour in which you want the robot looking for short trades. This should be Tokyo opening time minus 2 hours IN YOUR OWN LOCAL TIME.


BuyHourStarts: the hour in which you want the robot looking for long trades. This should be Tokyo closing time minus 2 hours IN YOUR OWN LOCAL TIME.

Thanks!

Sandy
  • #2,289
  • Nov 16, 2009 3:10pm Nov 16, 2009 3:10pm
Quoting nubchai
Matrix,

Nice and simple....
Your are Correct I'm just working on it quickly while at work, pasted the wrong values in. Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,290
  • Nov 16, 2009 3:11pm Nov 16, 2009 3:11pm
Quoting Jezza
So I DO have it right. Thats what I thought. Tokyo Open minus 2 hours is 9pm GMT.
So why is the EA default set at 10pm GMT??
BECAUSE IT WORKS ON BLOODY LOCAL TIME. IT IS SET AT A DEFAULT OF 22.00 BECAUSE THAT IS MY BLOODY COMPUTER'S LOCAL TIME AT THE APPROPRIATE POINT.

Which bit of sodding YOUR COMPUTER'S LOCAL TIME don't you understand?

It is really, REALLY, REALLY simple. You look at Oanda's site; you wait until Tokyo opens. You look at your watch. Then you subtract 2 from the hour figure your watch shows.

THEN YOU ENTER THIS INTO YOUR BLOODY INPUT.

GOT IT YET?
  • #2,291
  • Nov 16, 2009 3:14pm Nov 16, 2009 3:14pm
Quoting matrixebiz
Your are Correct I'm just working on it quickly while at work, pasted the wrong values in. Thanks

No problem Thank you for making the indicator

Sandy
  • #2,292
  • Nov 16, 2009 3:14pm Nov 16, 2009 3:14pm
I am starting to get very, very pissed off at the number of people posting here about those bloody trading hours.

For crying out loud, if you can't even work out when Tokyo opens, then you really shouldn't be trading at all.

If this continues, then I shall simply make posting in this thread allowable to people with vouches to their name. I don't want to, for reasons I made clear last week, but will if I have to.

Stop posting about sodding trading hours. Spend some time thinking about it instead. It really is VERY simple.
  • #2,293
  • Nov 16, 2009 3:17pm Nov 16, 2009 3:17pm
question or statement. No mercy...http://en.wikipedia.org/wiki/Caning_in_Malaysia
Vincit qui se vincit.
  • #2,294
  • Nov 16, 2009 3:23pm Nov 16, 2009 3:23pm
Quoting Pippopotamus
question or statement. No mercy...http://en.wikipedia.org/wiki/Caning_in_Malaysia
Oh, can I? Pleasseeeeee?

  • #2,295
  • Nov 16, 2009 3:24pm Nov 16, 2009 3:24pm
Quoting SteveHopwood
BECAUSE IT WORKS ON BLOODY LOCAL TIME. IT IS SET AT A DEFAULT OF 22.00 BECAUSE THAT IS MY BLOODY COMPUTER'S LO......
GOT IT YET?
I think some of the issue is also that there are different market hours out there that people look at. Oanda for one
http://fxtrade.oanda.com/resources/fxmarkethours/
says Tokyo opens at 00:00 GMT but according to Scooby and another site

http://forex.timezoneconverter.com/i...?timezone=GMT;
it opens at 23:00 GMT

I think that is why also that at the beginning we were thinking that Tokyo opens at 00:00 GMT so you set your EA default to 22:00 GMT
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,296
  • Nov 16, 2009 3:27pm Nov 16, 2009 3:27pm
Quoting matrixebiz
I think some of the issue is also that there are different market hours out there that people look at. Oanda for one that says Tokyo opens at 00:00 GMT but according to Scooby and another site it opens at 23:00 GMT
Don't you start as well. Please don't encourage those unable to work out for themselves when Tokyo opens. These people should not be trading.

  • #2,297
  • Nov 16, 2009 3:30pm Nov 16, 2009 3:30pm
for a second hand A-frame. Pippo
Vincit qui se vincit.
  • #2,298
  • Nov 16, 2009 3:30pm Nov 16, 2009 3:30pm
Quoting SteveHopwood
Don't you start as well. Please don't encourage those unable to work out for themselves when Tokyo opens. These people should not be trading.

LOL, Ok
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,299
  • Nov 16, 2009 3:32pm Nov 16, 2009 3:32pm
So tonight JPY news 11:50 GMT and AUD news 00:30 GMT.
  • #2,300
  • Nov 16, 2009 3:39pm Nov 16, 2009 3:39pm
Interesting one tonight guys,

Have two differnet demo accounts using the 24H version.

FXCM placed its orders at 20:04 closed out at 20:15 made about £140

Alpari UK placed its orders at 20:02 closed out at 21:58 made about £81

That couple of mins meant that Alpari went into a -£650 draw down. But hats off to the Sccoby 24 EA, it managed the whole thing well and came out on top.

ab1
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