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Attachments: scooby-doo BOJ JPY pairs trading robot
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scooby-doo BOJ JPY pairs trading robot

  • #4,201
  • Jan 2, 2010 5:06pm Jan 2, 2010 5:06pm
Quoting Invisible
Ooooh! I'm glad I checked in again. Thanks for this new tool, Scooby. BTW, can you tell us more about how this AI strategy works - or are you not allowed to divulge the inner workings ?
The strategy is based on breakthrough of the maximum and minimum price values of the previous trading day. The most of the traders believed that if the level of the previous day has been broken, the price goes up, and vice versa for the minimum. From the other side, these two extrema are used as a stop-loss levels for the most of the traders.
  • #4,202
  • Jan 2, 2010 5:58pm Jan 2, 2010 5:58pm
Quoting Invisible
Ooooh! I'm glad I checked in again.
Anybody reading this thread who does not add a subscription t0 ensure keeping up to date, has to be certifiable.

I am not a great believer in strategy tester. Even so, what this robot is doing has to be seen to be believed.

Nice one, scoobs. Looking forward to putting this on a demo tomorrow evening. Cheers.

  • #4,203
  • Jan 2, 2010 6:07pm Jan 2, 2010 6:07pm
Quoting SteveHopwood
Anybody reading this thread who does not add a subscription t0 ensure keeping up to date, has to be certifiable.

I am not a great believer in strategy tester. Even so, what this robot is doing has to be seen to be believed.

Nice one, scoobs. Looking forward to putting this on a demo tomorrow evening. Cheers.

Yeah I agree about strategy tester, I ran it so people see that it shows some merit.

I can personally vouch for this as (the methodology) is really used by the big boys. The beauty is that its dead simple (look at the code) and works in all types of market conditions.

Anyway, try on demo. Remember daily charts only.

Scoobs.
  • #4,204
  • Jan 2, 2010 6:29pm Jan 2, 2010 6:29pm
Quoting scooby-doo
The strategy is based on breakthrough of the maximum and minimum price values of the previous trading day. The most of the traders believed that if the level of the previous day has been broken, the price goes up, and vice versa for the minimum. From the other side, these two extrema are used as a stop-loss levels for the most of the traders.

Hi Scoobs

I used this kind of strategy quite successfully in some of 2009 with GU - sell at previous day low, buy at previous day high. I used to show results in my trading journal in another forum away from FF.

I have never really looked at EU and UC but will try it now.

I have attached my template. Attach to 30m or 1h chart.

The method I used was to buy at previous day high. TP1 50 TP2 100 TRAILING STOP 40. SL prevoius day low. At London open move SL to current day OPEN price (red line)

Vice Versa for sell trade....

Logical
Attached File(s)
File Type: tpl fazzal2.tpl   441 KB | 401 downloads
File Type: mq4 DayHL_EA.mq4   2 KB | 379 downloads
File Type: mq4 i-Sessions.mq4   6 KB | 377 downloads
File Type: ex4 PrevDayAndFloatingPivot_O.ex4   3 KB | 335 downloads
  • #4,205
  • Jan 2, 2010 6:43pm Jan 2, 2010 6:43pm
Quoting logical
Hi Scoobs

I used this kind of strategy quite successfully in some of 2009 with GU - sell at previous day low, buy at previous day high. I used to show results in my trading journal in another forum away from FF.

I have never really looked at EU and UC but will try it now.

I have attached my template. Attach to 30m or 1h chart.

The method I used was to buy at previous day high. TP1 50 TP2 100 TRAILING STOP 40. SL prevoius day low. At London open move SL to current day OPEN price (red line)

Vice Versa for sell trade....

Logical
Running on a single pair like EURUSD will show a good profit due to spread etc. However, running it on EURUSD and USDCHF combined means we normally just achive BE as they are negatively correlated. The beauty of this is that we make massive gains when the pairs de-correlate (positive) due to CB interventions and market re-adjustments.

Anyway, give it a try on demo.

Scoobs.
  • #4,206
  • Jan 2, 2010 6:50pm Jan 2, 2010 6:50pm
Quoting scooby-doo
Please find attached a strategy that is used by many commercial trading floors.

I suggest you attach to EURUSD and USDCHF daily charts.

Enjoy for 2010.

Hi

Thanks very much for this EA. I hope that you still have time in Singapore to contribute to this site and give us the benefit of your thoughts. I agree with you that things are bad in England and will be getting worst (I manage a service company and our clients are mainly merchant banks, 2009 our turnover was down 45% compared to 2008 and we expect 2010 to be even worst, despite having increased our customer base!!).

I have lived 34 in England and its my belief that this is still one of the best countries in the world. I remember the mid seventies when UK PLC was broke and it bounced back, however, with the manufacturing base gone and almost all the new jobs being selling insurance and hamburgers recovery becomes harder and harder. I am sure after few years you will be homesick and longing for the miserable English weather.


Hope you have a safe journey and best of luck for 2010 and beyond.
  • #4,207
  • Jan 2, 2010 7:17pm Jan 2, 2010 7:17pm
Quoting astral77
Hi

Thanks very much for this EA. I hope that you still have time in Singapore to contribute to this site and give us the benefit of your thoughts. I agree with you that things are bad in England and will be getting worst (I manage a service company and our clients are mainly merchant banks, 2009 our turnover was down 45% compared to 2008 and we expect 2010 to be even worst, despite having increased our customer base!!).

I have lived 34 in England and its my belief that this is still one of the best countries in the world. I remember the mid...
As you state manufacturing is dead and 2010 will see a very different city of London as I know of many banks, financial institutions who are looking to relocate overseas. I am not sure where the tax revenues will come from in the future. People maybe bank bashing at the moment but if you take barclays revenue stream to the treasury then it accounts for around 15%.

My charts and information from my banks economists plainly state that UK PLC is bankrupt, although the public is not fully aware of this just yet.

I am sure I will return in the future but I am not sticking around and being hit with higher taxes to bail this incompetent government out of the gutter after they dumped our gold reserves at an all time market low.

All the best,

Scoobs.
  • #4,208
  • Jan 2, 2010 7:23pm Jan 2, 2010 7:23pm
Quoting scooby-doo
As you state manufacturing is dead and 2010 will see a very different city of London as I know of many banks, financial institutions who are looking to relocate overseas. I am not sure where the tax revenues will come from in the future. People maybe bank bashing at the moment but if you take barclays revenue stream to the treasury then it accounts for around 15%.

My charts and information from my banks economists plainly state that UK PLC is bankrupt, although the public is not fully aware of this just yet.

I am sure I will return in the...
I'm with you Scoobs.
But this damn bid keeps backing things up?
Maybe things are bit bigger than that?
  • #4,209
  • Jan 3, 2010 2:52am Jan 3, 2010 2:52am
Quoting scooby-doo
So, its 2010 and I wanted to say a few words before I depart for my new venture overseas.

1. You don't need me to tell you but 2010 really is going to be dire for the majority.

2. Steve,, don't really know what to say apart from best of luck to you, your family and piano students. Although I guess some have now changed their future careers.

3. I hope some of you have been able to make some real money with this thread. Wish I had a magic wand to make everyone prosperous but unfortunately that is not the way markets work.

4....
Really hope that you will continue to share your insights on how to profit from the forex market from retail traders' point of view, as you always remind us of how we are at a disadvantage position from the big boys.

Also, wish you good luck in your new venture in Singapore. Don't forget the chicks as well.

福 子 Victor V
  • #4,210
  • Jan 3, 2010 2:56am Jan 3, 2010 2:56am
Quoting SteveHopwood
I am just going to post this once and hope that everyone concerned gets to read it. This thread seems the most likely to reach everyone I want to include.

2009 was a great year for me. I coded a lot of trading robots. Some of them have survived scrutiny and have even gone onto my live trading accounts.

None of the successful robots would have withstood the light of trading scrutinity without the contributions of so many brilliant traders and coders here at FF. I would have been unable to code some monster trading robots without epic contributions...
Steve,

Thank you very much for your contribution to this thread. Without this thread, i have to crack my head how to win back all the money i've lost before. You really give me hope.

Also, thank you everyone who have made this thread the hottest thread in 2009 and also 2010 and beyond!

Happy new year to all!

福 子 Victor V
  • #4,211
  • Jan 3, 2010 5:24am Jan 3, 2010 5:24am
Quote
My charts and information from my banks economists plainly state that UK PLC is bankrupt, although the public is not fully aware of this just yet.

I am sure I will return in the future but I am not sticking around and being hit with higher taxes to bail this incompetent government out of the gutter after they dumped our gold reserves at an all time market low.

All the best,

Scoobs.

I am with you on this Sccobs. I am just relocating to Bahrain. At the next general election the UK voters face a choice between an inept government and a probably worse alterative. I guess the damage to the economic infrastructure was done under Thatcher. I remember a minister at the time saying we cannot build an economy on Kentucky Fried Chicken and Financal Services. Well we tried.

Thanks for all of your input to this thread.

From one new expat to another.
  • #4,212
  • Jan 3, 2010 10:43am Jan 3, 2010 10:43am
Anybody playing with the AI ea in strategy tester will have noticed that it quickly exceeds the maximum lot size and stops.

The attached version includes the fix for this.

Attached File(s)
File Type: mq4 AI.mq4   4 KB | 325 downloads
  • #4,213
  • Jan 3, 2010 11:57am Jan 3, 2010 11:57am
Quoting scooby-doo
The strategy is based on breakthrough of the maximum and minimum price values of the previous trading day. The most of the traders believed that if the level of the previous day has been broken, the price goes up, and vice versa for the minimum. From the other side, these two extrema are used as a stop-loss levels for the most of the traders.
Thanks Scoobs.
  • #4,214
  • Jan 3, 2010 12:07pm Jan 3, 2010 12:07pm
Quoting scooby-doo
Running on a single pair like EURUSD will show a good profit due to spread etc. However, running it on EURUSD and USDCHF combined means we normally just achive BE as they are negatively correlated. The beauty of this is that we make massive gains when the pairs de-correlate (positive) due to CB interventions and market re-adjustments.

Anyway, give it a try on demo.

Scoobs.
Scoobs,

Just wanted to add my thanks for everything you have shared these last few months and wish you well with your new venture.

Kind regards,
  • #4,215
  • Jan 3, 2010 1:12pm Jan 3, 2010 1:12pm
Quoting logical
Hi Scoobs

I used this kind of strategy quite successfully in some of 2009 with GU - sell at previous day low, buy at previous day high. I used to show results in my trading journal in another forum away from FF.

I have never really looked at EU and UC but will try it now.

I have attached my template. Attach to 30m or 1h chart.

The method I used was to buy at previous day high. TP1 50 TP2 100 TRAILING STOP 40. SL prevoius day low. At London open move SL to current day OPEN price (red line)

Vice Versa for sell trade....

Logical
Thanks Logical.
  • #4,216
  • Jan 3, 2010 1:30pm Jan 3, 2010 1:30pm
I knew some peaople who traded very good with the help of EA... but for one trading day they have lost all the deposit
Best regards, Andrew Forex
  • #4,217
  • Jan 3, 2010 2:41pm Jan 3, 2010 2:41pm
Happy new year to everybody.

Scoobs have a safe trip and all the best in your new life!

Re the AI.mq4 file, I think it has a small problem when run on the backtester and will produce different results than real, it uses C=iClose(NULL,NULL,0); which means the close of current bar, but the backtester already knows the close of the current bar and uses it, which is not the case in reality. So only forward test on this EA I believe.

All the best
  • #4,218
  • Jan 3, 2010 4:02pm Jan 3, 2010 4:02pm
Quoting challenger78
Re the AI.mq4 file, I think it has a small problem when run on the backtester and will produce different results than real, it uses C=iClose(NULL,NULL,0); which means the close of current bar, but the backtester already knows the close of the current bar and uses it, which is not the case in reality. So only forward test on this EA I believe.
Ouch. I can't believe I missed something so basic in such a simple piece of coding. Hey ho. Nice one again, challenger78.

The good news is that the attached fixed version is as profitable in ST as is the previous one. Still, better to not have a simple EA with daft bugs, so download the latest.

Attached File(s)
File Type: mq4 AI.mq4   4 KB | 344 downloads
  • #4,219
  • Jan 3, 2010 4:53pm Jan 3, 2010 4:53pm
Quoting DXTrade
100% since Oct 26th with default settings on GBPJPY.... not sure whether the EA is doing what he is supposed to

For EURUSD TP 12 and SL 36 works best...

Have fun
I've got this message:

"This version has expired! Please remove it and add the updated version"

I placed the EA to EU and GJ.

Any idea?

Thanks.

福 子 Victor V
  • #4,220
  • Jan 3, 2010 7:20pm Jan 3, 2010 7:20pm
Scoobs, here is hoping your flight was OK. Given that you were leaving in the depths of the worst winter for 30 years, here is hoping it went.

Here is hoping you are sipping something cool on a nice warm evening veranda and feeling slightly triumphant. It is bloody freezing here.
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