SteveHopwood's scooby-doo Shag'emAll trading robot
Hi Steve
Any way to be able to adjust the MTF MA indicator so that it can be used to back test over a longer time period. When I add it to my charts it will only start showing from about 16 Nov onwards.
I also agree about using the SMA5 for SL etc. Nice and simple.
All the best
Mister ED
. It is currently in open trades into the close of the market that are in profit). Will keep it running.
Steve- I'm not a backtesting master- just having a few beers a watching in visual mode...
I wanted to change the TP to only 1/2 the channel instead-- reason is on GY it's buying...
// Buy trade
if (type == 0)
{
double TradePrice=MarketInfo(symbol, MODE_ASK);
double Stop = NormalizeDouble(TradePrice - sl,digits);
double Take = NormalizeDouble(TradePrice + [color=Red](ChannelDepth * point /2)[/color], digits);
}//if (type == 0) // Buy trade
if (type == 0)
{
double target = Channel / 2;
double TradePrice=MarketInfo(symbol, MODE_ASK);
double Stop = NormalizeDouble(TradePrice - sl,digits);
double Take = NormalizeDouble(TradePrice + (target * point), digits);
}//if (type == 0) Great Thanks!!!
One thing, when I was backtesting I wasn't getting any sells-- only buys--- I changed my code to sell on Bid and then it would show sells in the backtest.
//Short trade
if (direction == short)
{
double bid = MarketInfo(symbol, MODE_BID);
if (ask >= ChannelHigh)
{
//Short trade
if (direction == short)
{
double bid = MarketInfo(symbol, MODE_BID);
if (bid >= ChannelHigh)
{
SendTrade(1, symbol);
Hello Steve,
You might consider taking the trade when price retraces from its low/high to avoid spikes.
So a simple bool BeenDown variable would do.
if(Bid<=ChannelLow) BeenDown=true;
if(BeenDown&&Bid>ChannelLow) OrderSend(OP_BUY);
Don't forget to reset BeenDown when a new candle comes.
My guess is that most of time it would work as the current version does but when we get a fast moving market it could save us a few losses...
Thanks for the EA.
How do you guys backtest this ea? I set trading to single pair and turn off friday close, but the results are not very satisfactory. Does anybody get some good results?
void MakeTradingDecision(string symbol, string direction)
{
//Uses the information gathered about trade direction and channel range to decide whether to trade or not
//Insert news filter code here
RefreshRates();
//Long trade
if (direction == long)
{
double ask = MarketInfo(symbol, MODE_ASK);
//Examine the filters.
//Channel
if (ask > ChannelLow) return;
//ChannelHigh direction.
double ma1, ma2;
ma1 = iMA(symbol, 60, 2, 0, MODE_SMA, PRICE_LOW, 1);
ma2 = iMA(symbol, 60, 2, 0, MODE_SMA, PRICE_LOW, 2);
if (ma1 > ChannelLow || ma2 > ChannelLow) return;
//Got this far, so trade should be sent
SendTrade(0, symbol);
}//if (direction == long)
//Short trade
if (direction == short)
{
double bid = MarketInfo(symbol, MODE_BID);
//Examine the filters.
//Channel.
if (bid < ChannelHigh) return;
//ChannelLow direction
ma1 = iMA(symbol, 60, 2, 0, MODE_SMA, PRICE_HIGH, 1);
ma2 = iMA(symbol, 60, 2, 0, MODE_SMA, PRICE_HIGH, 2);
if (ma1 < ChannelHigh || ma2 < ChannelHigh) return;
//Got this far, so trade should be sent
SendTrade(1, symbol);
}//if (direction == long)
}//void MakeTradingDecision(string symbol, string direction) Steve, you did it again!
Cheers. We shall see over the coming week.
Steve,
Do you know how to get the TL1, MIDL and TL2 values from this indicator via an EA ?
It may need modifying but it would be worth it
Scoobs
