scooby-doo BOJ JPY pairs trading robot

The Yen seemed to have abit of a hick-up last week but I don't foresee this happening again anytime soon.

So, re-mortgage, raid the children's savings, quit your day job, load up and let those pips ride.

Scoobs.

PS. don't forget the imodium and nappies.

So should I turn the hedging off for now?

It figures... Pay attention to the shirt of the one holding the lady´s boobs

ME

2 winning plays 1 with the original 1 with the 24hr current ver default setting just took 10 min

FXDD
Default setting adjusted for 4 digit broker no hedge live in US

My forced sell baket at 530 pm EST experiment failed... 3 straight losers took back 2 weeks of winners. Just to let you know.

Trying Original v1.4

My Alpari UK took one 24hr Bot trade, nothing on the Original. Settings are default.

On original, took two buys at 23:47 GMT on e-global broker.
Closed hour after that with profit about 1% of account.
Standard settings (as I understand the source code, it is now auto adjusted for 4 digit broker)

Is everybody getting ready to go long?

Something strange is happening, the original took two sells at 6:15 GMT (which is in my understanding outside trade monitoring)... Will investigate more, for now I disabled hedging and all Immediate buttons.
The trades ended in profit, but I am confused.

GBPJPY Wave 3: 0 order send failed with error(4051): invalid function parameter value: Lots=0

Just got the same error on original

Hi Steve & Group

Another bug to report - I'm afraid

order send failed with error(4051): invalid function parameter value

Latest version - BOJ Original V1.4

Hopefully you can resolve the problem

Thanks

hatter

0955 GMT [Dow Jones] Despite recent hints Japan government could intervene to weaken yen, Japan has more to lose than to gain by any such move, Bank of Tokyo-Mitsubishi UFJ strategist Naomi Fink writes. Not only are some finally realizing "the protective effects of yen strength in an environment of liquidity-fueled commodity gains," but greater reliance since the Lehman shock on short-term debt, which has outpaced gains in yen value of Japan's foreign reserves, "exert(s) upward pressure on the marginal rate of interest on every additional unit of foreign reserves...In short, intervention is much costlier" than it would have been previously. Adds that weakening yen to boost Japan exporters may be risky strategy in new economic landscape where strong revival of U.S.-led demand isn't assured: "Even if U.S. orders do eventually rise," Fink writes, "if they do not rise predictably, the effects of intervention on Japanese exporter revenues could be comparable to shooting in the dark." (MSA)

There was allot of consolidation by Asian traders overnight.

Unfortunately there is not allot you can do about that.

A quick share of my results:

Since Wednesday 2nd December my Alpari UK Demo Account of the Original V1.4 EA has seen a gain of 4% of the original balance. Nice! (This is a 5 digit Broker).

However, on my Forex.comUK Demo Account (4 digit Broker) I have seen a loss of 10% and I still now have open hedged trades from this morning on this account. Perhaps the trades are not being closed out properly by the EA on the 4 digit side??

I also have two 24hr Robot V3.1 Demos running on Forex.comUK and neither of them have taken a single trade since starting them up on Thursday 3rd December.

Is it possible that the 4 digit settings are not working properly? There were not such differences with previous versions.

Steve,

Instead of hedging, I think we should implement the following code:

if(AccountProfit() < 0)
{
for(int r = 0; r <= OrdersTotal() ; r++)
{
if(OrderSelect(r,SELECT_BY_POS,MODE_TRADES))
{
Order.Type = OrderType();
}
}
if(Order.Type == OP_BUY && Bid < iMA(NULL,05,200,0,MODE_SMA,PRICE_CLOSE,0) - 0.200 ||
Order.Type != OP_BUY && Bid > iMA(NULL,05,200,0,MODE_SMA,PRICE_CLOSE,0) + 0.200)
{
while(OrdersTotal() > 0)
{
if(OrderSelect(0,SELECT_BY_POS,MODE_TRADES))
{
RefreshRates();
OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),3,CLR_NONE);
Error = GetLastError();
Print(Error);
Sleep(10);
}
}
SendMail("Trade Closed","AcCount Balance is " + DoubleToStr(AccountBalance(),2));
return(0);
}
}

I see there are problems with 4 digit brokers, it could be the +/- 200 we use in one of the filters, I think it needs to be +/- 20 for 4 digit brokers.

Scoobs.

Using Alpari UK for demo and had no trades over night. Wonder if any other testers using Alpari had any trades on the proper and the 24hr?
I see users of other brokers did have some trades or were these forced manual trades? No changes to set files except the hours to trade.

Vince

My Original (latest version) took trade early this morning GMT & closed out in profit on Alpari UK

I had 1 trade in each, the latest versions. 2% for the day. Alpari UK