scooby-doo BOJ JPY pairs trading robot
Steve,
We should probably add another filter which will mean the robot can run on public holidays aswell.
For both buy and sell.... volume[0] > 100
Cheers
Scoobs
Ok. As in interim so we can observe it, the attached has a volume setting on display, or should have - can't test it until markets open. This is the only change from the version in post 1.
Why 100?
Just been watching Top Gear and Jeremy Clarkson has just been driving the new Audi R8 V10
5.2 Litre Lamborghini V10 engine
518bhp
200mph
0-60mph in 3.7 secs
Looks amazing.
I WANT ONE !!!!!
(Actually I would prefer a Lamborghini Diablo if I had the money, but hey!)
I have been trying to see what volumes happen under MT4, I noticed that when volumes are low then baskets take longer to close, which is kind of obvious really as they have a high chance of reversing. However, I dont really know what value to set it too, so 100 is just a guess at the moment.
That makes sense. We can experiment.
There were a few threads a while ago about volume-spread analysis; i don't know if anything came of them.
It should work, I use this kind of logic in my EA's all the time to increase their speed when back testing, for example if its a 5min EA I might make it only take action once every new 1m candle or every 5min candle.
It seems like it would get stuck in that loop if the broker drops connection and stops sending updates to the candles but should resume and drop out of the loop correctly as soon as connection is restored and there is really nothing better for it to be doing during that time anyway.
You might want to make it so that it doesn't enter...
That makes sense. We can experiment.
There were a few threads a while ago about volume-spread analysis; i don't know if anything came of them.
Steve, in fact I was going to suggest the better volume indicator for easy determination of high volume bars.
Just in case you or scooby wishes to look it up, you can find an explanation of the different bars here:
http://www.forexfactory.com/showpost...&postcount=171
And for your convenience I am attaching the indicator as well.
I have tested the new candle thingy on a 1m chart. I can say for sure the code doesn't go into an endless loop.
One thing gone right, for a change.
Steve, in fact I was going to suggest the better volume indicator for easy determination of high volume bars.
Just in case you or scooby wishes to look it up, you can find an explanation of the different bars here:
http://www.forexfactory.com/showpost...&postcount=171
And for your convenience I am attaching the indicator as well.
