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scooby-doo BOJ JPY pairs trading robot

  • #2,741
  • Nov 18, 2009 8:43pm Nov 18, 2009 8:43pm
After all that, the buy basket opened a hedge of E/J and U/J (both sells obviously).
Regards,

Sorry Go Markets, hope I wasnt out of line with the crack about being a rotton crim...
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where thought goes energy flows
  • #2,742
  • Nov 18, 2009 8:48pm Nov 18, 2009 8:48pm
Quoting Takisd
An idea...

Perhaps the trades shouldn't be entered until the oscillator moves back through the 20 or 80 mark on 15 min chart. That way you avoid diverging markets

Just a thought from my observations.
I think you're right in your previou observation that taking a number of small basket wins may not offset a few basket losses. Need to think about TP Multiplier maybe
  • #2,743
  • Nov 18, 2009 8:49pm Nov 18, 2009 8:49pm
I have a second Buy basket currently in profit fwiw
  • #2,744
  • Nov 18, 2009 8:52pm Nov 18, 2009 8:52pm
.... lets see where it goes from here. H1 and 15m sure would indicate higher now. I have wondered how the EA would do in a long trending period. I guess the hedging option would take care of this. Nice thread! Thanks Steve, Scooby and others to make this happen!

ut2
  • #2,745
  • Edited 9:06pm Nov 18, 2009 9:05pm | Edited 9:06pm
From my earlier buy basket that opened, then was stopped out, a hedge did in fact occur on E/J and U/J but the falling market was too strong and hit stop loss. So in fact the hedge did not help much in that instance...

regards,



Quoting ut2DaMax
.... lets see where it goes from here. H1 and 15m sure would indicate higher now. I have wondered how the EA would do in a long trending period. I guess the hedging option would take care of this. Nice thread! Thanks Steve, Scooby and others to make this happen!

ut2
where thought goes energy flows
  • #2,746
  • Nov 18, 2009 9:07pm Nov 18, 2009 9:07pm
Quoting deathbait
i have a question

when u use the labels on the proper bot to set up a trade manually, does it still exit automatically at the basket take profit? Or do I have to close the basket myself?

I ask because today was the first time I didn't close it myself, and I saw the upl shoot past my profit taking figure, and it didn't close.
Hi Deathbait,

I've been trading it that way exclusively and it has always exited auto at the TP. Haven't hit a SL so can't say about that, but the TP works fine (V2.5 on FXCM).

JR
  • #2,747
  • Nov 18, 2009 9:23pm Nov 18, 2009 9:23pm
ok thanks

maybe it was just too quick to react. The upl shot past the mark, and then came down again.

Normally I would have closed it manually when it was close by, but I was distracted and it caught me by surprise.
  • #2,748
  • Nov 18, 2009 9:27pm Nov 18, 2009 9:27pm
Quoting nubchai
I have a second Buy basket currently in profit fwiw
Hey nubchai, What broker & gmt did yours take the 2nd buy.
cheers scalpz
Target 2 : Stoploss in the green
  • #2,749
  • Nov 18, 2009 9:34pm Nov 18, 2009 9:34pm
hmmm the RSI has been off the chart for the last 4 hours for 15min, 1h and 4h TF

seems like BOJ is sitting this one out..
  • #2,750
  • Nov 18, 2009 9:37pm Nov 18, 2009 9:37pm
I smell a big up move....
  • #2,751
  • Nov 18, 2009 9:51pm Nov 18, 2009 9:51pm
yeah that's what i thought 1 stoploss and 2 hours ago lol
  • #2,752
  • Nov 18, 2009 9:58pm Nov 18, 2009 9:58pm
Haha I still haven't stopped out yet, at ~25% DD, i refuse to tinker with the toy on the loss side.
  • #2,753
  • Nov 18, 2009 10:01pm Nov 18, 2009 10:01pm
Quoting scalpz
Hey nubchai, What broker & gmt did yours take the 2nd buy.
cheers scalpz
Hi Scalpz,

Well those trades are now in loss with 2 hedge trades open. Thank God this is demo.

The primary trades opened at 4:34 FXDD time. FDD is currently+2 GMT I believe.
  • #2,754
  • Nov 18, 2009 10:02pm Nov 18, 2009 10:02pm
that last move down was what wiped my stoploss=(
  • #2,755
  • Nov 18, 2009 10:27pm Nov 18, 2009 10:27pm
Second buy basket stop hit, third buy basket opened.

Hedges still were not strong enough to carry it through.
where thought goes energy flows
  • #2,756
  • Nov 18, 2009 10:40pm Nov 18, 2009 10:40pm
one thing i noticed in the past few hours is that gbpjpy, which usually fluctuates crazily with 2 long tails on most bars in the 1h TF was moving with a sense of purpose for a change.

Coincidence, or significant observation?
  • #2,757
  • Nov 18, 2009 10:55pm Nov 18, 2009 10:55pm
Quoting Damo12
Second buy basket stop hit, third buy basket opened.

Hedges still were not strong enough to carry it through.
Hi Damo12, Are you able to explain what you were expecting from the hedges.
I think it is only EY & UY hedge of the same value as their parts of the basket. This is to reduce the DD.
I dont think the Stop Loss figures change, as they come from the "emergency stop loss" and is applied to each pair in the basket. So they should still be there after hedges are opened.

Just found out that selecting no live trading in the expert properties doesnt stop the alarm making a racket when it wants to open another buy. All at the same time that I was trying to close a manual hedge I had applied. Takes a bit to get the alarm out of the way long enough to hit the big "Expert Advisors" button.
Oh well learn some more.

cheers scalpz
Target 2 : Stoploss in the green
  • #2,758
  • Nov 18, 2009 10:58pm Nov 18, 2009 10:58pm
Looks like the aussie funds are the cause of the move today... Shifting risk....

Maybe they got a little HOT HEADED since its like 36 degrees here in sydney.. I am just fresh out of the pool lol!
  • #2,759
  • Nov 18, 2009 11:07pm Nov 18, 2009 11:07pm
yeah it is rather hot today here in melbourne too
  • #2,760
  • Nov 18, 2009 11:13pm Nov 18, 2009 11:13pm
Quoting deathbait
one thing i noticed in the past few hours is that gbpjpy, which usually fluctuates crazily with 2 long tails on most bars in the 1h TF was moving with a sense of purpose for a change.

Coincidence, or significant observation?
Both GU and UJ dropped at the same time.

These Past few weeks they have behaved inversely causing GY to range.

GU has been in distribution phase for the past few days- GY might get exciting again for abit...
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