scooby-doo BOJ JPY pairs trading robot | Page 207 | Forex Factory

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scooby-doo BOJ JPY pairs trading robot

  • #4,121
  • Dec 18, 2009 2:19pm Dec 18, 2009 2:19pm
Been watching the screen a few hours while I was waiting for a call, and I made some observations that may or may not be important?
For a test, I am using the XXXJPY with the newest ea. What I am seeing is that on some of the seven pairs there is not always a buy and sell on that pair. You might have a CHFJPY with a sell but not a buy. I guess that could come about due to the buy basket making tp. In this case shouldn't a new buy be open once it is closed to keep the buy sell in sync?
Also for the seven pairs I guess the hedge is just opened on the pairs that have the most loss in the 15 min tf if you are using 15 min tf for example? Again, perhaps all seven pairs should have a hedge once a loss amount is reached?

Have a nice weekend all!
Vince
  • #4,122
  • Dec 18, 2009 2:51pm Dec 18, 2009 2:51pm
This is starting to sound like a Grid type EA which will be of no use if any XXXJPY pairs go through a ranging period.

Scoobs.
  • #4,123
  • Dec 18, 2009 4:27pm Dec 18, 2009 4:27pm
Good point Scoobs and you would know better since I am not a professional trader or coder. The ea is new and will see how it goes, perhaps I should not trade seven pairs and just concentrate on one, GBPJPY. The hedging so far, again from a non-professional doesn't seem to be helping in my opinion?

Vince
  • #4,124
  • Dec 18, 2009 4:41pm Dec 18, 2009 4:41pm
Quoting letizia
Good point Scoobs and you would know better since I am not a professional trader or coder. The ea is new and will see how it goes, perhaps I should not trade seven pairs and just concentrate on one, GBPJPY. The hedging so far, again from a non-professional doesn't seem to be helping in my opinion?

Vince
Hedging can work under certain market conditions with one currency or pair only. Attempting to hedge and manage 7 pairs would be a nightmare even if it was fully automated. Usually there will always come a point whereby the user has to make some form of decision.

As you stated, i would just try it with just one pair being GBPJPY until you can come up with a better set of entry rules and then see if you can adapt it to handle more than one pair.

My trading floor does have some pretty sophisticated hedging algorithms linked to cross-pairs, FTSE, Dow, Overnight lending rates and Gold etc.

Scoobs.
  • #4,125
  • Dec 18, 2009 4:42pm Dec 18, 2009 4:42pm
Quoting Invisible
Hi Scooby

Question about your 24H EA version that checks 3TF for signals:

I noticed in your statement that you have CADJPY, NZDJPY etc, but in the original Scooby EA as developed by Steve we now just have EURJPY and GBPJPY. Is there any logic to you having the full number of JPY pairs in your onw 24H robot, or are you just doing this for testing purposes (along the lines of, "If it can survive trading NZDJPY et al, then it is going to be fine.")?

(I thought only traders -or robots- with a lot of spare diapers to hand would be trading NZDJPY?)...
For testing purposes only.

Scoobs
  • #4,126
  • Edited 4:46pm Dec 18, 2009 4:44pm | Edited 4:46pm
Thanks Scoobs will do that starting Sunday. I do appreciate how much work Steve and the rest of the coders and testers have put into the ea's. Also forgot I guess 15m would be the best tf still for doing the experiment or would a higher tf like 1hr be better?
  • #4,127
  • Dec 19, 2009 1:56pm Dec 19, 2009 1:56pm
Hi Scooby

Thanks for the reply. Would it be correct to assume that the final version will be EURJPY and GBPJPY as per the original EA?

BTW, I downloaded your 24H EA as posted on this other thread here:

Yen Trading @ Forex Factory

This was before you removed it. I have it on demo, but I am wondering if that one as originally posted was the 2TF or 3TF one? If the former, then there is no point for me to continue the forward test.

Cheers

Invisible
  • #4,128
  • Dec 20, 2009 1:43pm Dec 20, 2009 1:43pm
Quoting letizia
Thanks Scoobs will do that starting Sunday. I do appreciate how much work Steve and the rest of the coders and testers have put into the ea's. Also forgot I guess 15m would be the best tf still for doing the experiment or would a higher tf like 1hr be better?
I started running the 24hr version with just 1H/4H this week. It doesn't trade everyday- but the trades all closed winners (same as BOJ when it decides to trade). I had never tried the 24hr on anything else because of time constraints and I'm about "EA'd out" atm.
  • #4,129
  • Dec 20, 2009 2:18pm Dec 20, 2009 2:18pm
Thanks for input. I think I will try the 1hr tf to start with using the gbp/jpy pair and see how it goes.
  • #4,130
  • Dec 20, 2009 6:27pm Dec 20, 2009 6:27pm
how can we have the EA of this system? I would like to backtest it
  • #4,131
  • Dec 20, 2009 6:31pm Dec 20, 2009 6:31pm
Did you read the first post?
I can not wait until Steve reads this question, lol.

Regards,
Jeff

Quoting Corre
how can we have the EA of this system? I would like to backtest it
  • #4,132
  • Dec 20, 2009 6:33pm Dec 20, 2009 6:33pm
Quoting Corre
how can we have the EA of this system? I would like to backtest it
It must be a full moon again.
  • #4,133
  • Edited 8:57pm Dec 20, 2009 7:17pm | Edited 8:57pm
Steve, just thought you might like to see my results with the Opposite EA. This is an old version of the EA and I haven't updated it since I downloaded it on 14th December. Just having some fun leaving it running and letting it open hedged trades, then I'm using a close all orders script just when the mood takes me.
Demo Account started with $250 on 16th December. PDF Statement and .gif graph attached.
Attached Image (click to enlarge)
Click to Enlarge Name: Opposite EA Detailed Statement.gif Size: 5 KB
Attached File(s)
File Type: pdf Opposite EA Statement.pdf   92 KB | 368 downloads
  • #4,134
  • Dec 21, 2009 1:01am Dec 21, 2009 1:01am
Quoting Corre
how can we have the EA of this system? I would like to backtest it
Don't try to trade Forex, will you? Not with real cash; you are going to lose it all.

Learning to trade the markets takes a lot of hard work over a substantial period of time.

You are too lazy even to read the first post in this thread, just to find out what the starting point was.

When you do finally get your wits together enough to do so, you will learn why you are no longer able to post here.

Do try to learn from this experience Corre. I doubt you are able, but try; it will do you good if you can manage to do so.

  • #4,135
  • Dec 21, 2009 1:08am Dec 21, 2009 1:08am
Quoting Jezza
Steve, just thought you might like to see my results with the Opposite EA. This is an old version of the EA and I haven't updated it since I downloaded it on 14th December. Just having some fun leaving it running and letting it open hedged trades, then I'm using a close all orders script just when the mood takes me.
Demo Account started with $250 on 16th December. PDF Statement and .gif graph attached.
Hehe. Leave i running, please, so we can compare its performance with later, modestly more sophisticated versions. It would be easy enough to strip out the latest modifications and return to the old blunderbuss method if it turns out to be successful.
  • #4,136
  • Dec 21, 2009 2:43am Dec 21, 2009 2:43am
Quoting SteveHopwood
Hehe. Leave i running, please, so we can compare its performance with later, modestly more sophisticated versions. It would be easy enough to strip out the latest modifications and return to the old blunderbuss method if it turns out to be successful.

HeHeHe, I also have 2 or 3 different versions of OPPOSITE version that are running. I will chech what are the results (must import in excel since I have lany EA's on the same account)
Steve, kile I request before, could you manage a version number (1.1 1.2 etc) for OOPOSITE ? thanks a lot
  • #4,137
  • Dec 21, 2009 3:30am Dec 21, 2009 3:30am
Quoting SteveHopwood
Hehe. Leave i running, please, so we can compare its performance with later, modestly more sophisticated versions. It would be easy enough to strip out the latest modifications and return to the old blunderbuss method if it turns out to be successful.
Dear SteveHopwood
I'm new of this forum, sorry for my English, I don't know very well your system EA, but I need someone to make an EA expert about of my strategies that I think this strategies wins forever, and I think it is similar at your system, please look at my pdf file it will say what I whant mean.
I'd ike to know your opinion

Thanks a lot for all traders and with their contribution.
Bluestrader from Italy
Attached File(s)
File Type: pdf EA Bluestrader.pdf   17 KB | 418 downloads
  • #4,138
  • Dec 21, 2009 4:49am Dec 21, 2009 4:49am
Quoting bluestrader
Dear SteveHopwood
I'm new of this forum, sorry for my English, I don't know very well your system EA, but I need someone to make an EA expert about of my strategies that I think this strategies wins forever, and I think it is similar at your system, please look at my pdf file it will say what I whant mean.
I'd ike to know your opinion

Thanks a lot for all traders and with their contribution.
Bluestrader from Italy
Your broker will love your martingale system.

Did the school bus leave already.

  • #4,139
  • Edited 5:52am Dec 21, 2009 5:40am | Edited 5:52am
I have not a live account, but I think you can find many brokers who allow the martingale system, but my sistem is not a classic martingale system, there is very very very low risk, because when the price is between TP=SL like you can see in the file pdf and when the price is in treding or in trending range you have 98% of probability that price reach the TP after max 4 orders and you have profits.
Attached File(s)
File Type: pdf EA Bluestrader.pdf   17 KB | 469 downloads
  • #4,140
  • Dec 21, 2009 5:48am Dec 21, 2009 5:48am
Quoting scooby-doo
Your broker will love your martingale system.

Did the school bus leave already.

I have tested and modified dozens of martinguale systems (arithmetic, geometric progressions etc...) and the result is always the same : they can works well during a long time (sometimes many years) but one day blow up the account on a trend. No surprise, it's mathematical and there is no way to avoid, even with huge equity (or start with 0.01 lot on a 10 million account but the return will be so ridiculous that it's not worth)
However I have a grid system that find very good entry trades but do not avoid to be blowed with a stormed trend. I tried to implement the hedge code from Steve (used in scoob Ea's) but didn't succeded so far, may be Steve could help me?
Cheers
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