Steve Hopwood's Boris Schlossberg-inspired trading robots

Welcome to Steve Hopwood's Boris Schlossberg-inspired trading robots thread.


There are going to be a number of robots, to be added as I have the time and inclination to code them. They will be implementations or adaptations of setups described in chapter 10 of 'Technical Analysis of the Currency Market' by Boris Schlossberg. Do a Google search to find a free download of the pdf file. I am not posting a link here because the book is subject to copyright laws and I do not want to break any. The plain fact is, this book is available freely on the net and is essential reading for all rookie traders.

Since starting this thread, Scoobs has posted another title, this time by BS & Kathy Lien - High Probability Trading Setups for the Currency Market. This is a brilliant book; two of the setups are already being used successfully in manual trading by contributors here. If you have no idea who Scoobs is, then you really need to find out; visit http://www.forexfactory.com/showthre...85#post3199485 to find out. Good luck.


The purposes of this thread are:

 

1. To make the robots widely available.
2. To engage some of the many fertile minds available here at FF.

Some of these robots will be unsuitable for use on US criminal accounts that do not allow hedging. I suggest traders use non-US criminals for your trading. If these dipsticks criminals ban hedging now, then what next?

There are four zip files attached:

 

1. Trading robots contains the source code for the robots. Extract these to the Experts folder.
2. Trading systems contains pdf files describing the trading method for each robot.
3. Templates contains templates to make setting up the charts easy. Extract these to the Templates folder.
4. Indicators contains any indicators you need. Extract them to your Indicators folder.

DO NOT TRADE THESE ROBOTS UNTIL YOU HAVE TRADED THE SYSTEMS MANUALLY AND UNDERSTAND THEM. The mistake so many inexperienced traders make is to think that robots can do all their thinking for them. This is not the case. If you try to trade a robot without understanding the system it trades, you will panic when things appear to be going wrong, and close trades prematurely. There are three stages you should go through before a trading robot hits your live account:

 

1. Trade the system manually on demo to make sure you understand it.
2. Trade the system live.
3. Demo-trade the robot.

A note to new traders
If you ask newbie questions that show you have no idea what you are doing (and they will show this) I shall ignore them. Try not to be offended. I can code robots or I can answer newbie questions. I can't do both. I ask other contributors to answer these for me.


This is not a you-must-read-the-thread-to-understand threads. If the robots are successful, the thread will grow. All you have to do is read this post, then skip to the end and join in the fun.



Inputs user guide
octomanoak has kindly created an inputs user guide for the robots. This is attached here separately, and also is included in the Trading Systems and Trading Robots zips. This is far more comprehensive that the sketchy details provided in the systems pdf's. My thanks to you, octomanoak; I deeply appreciate your efforts.

Please report bugs, observations, comments. Feel free to suggest enhancements.


Here is the list of robots.

 

1. Steve Hopwood's BS Moving Average and MACD combo.mq4. The multi-pair version trades exactly the same system, but saves having to install it on every chart you wish to trade. Put it on a GJ chart to ensure maximum tick volume.
2. Steve Hopwood's BS 5 minute momo.mq4. The multi-pair version trades exactly the same system, but saves having to install it on every chart you wish to trade. Put it on a GJ chart to ensure maximum tick volume.
3. Steve Hopwood's BS Asian session breakout multi-pair. A system that trades the breakout from the Asian trading session. This is a multi-pair traders, so put it on a GJ chart to ensure maximum tick volume.
4. Steve Hopwood's BS 10 a day multi-pair
5. Steve Hopwood's BS Round Number multi-pair.

Live trading: contributors have these robots trading tiny live accounts. Follow us with care and suspicion; these robots are in an early stage of development, so do not risk shed-loads of cash on them:

 

1. 2 MA MACD multi-pair - astral77 and myself.
2. 5 minute momo multi-pair.

Setups flagged up by users as looking promising, and so next for automating:


_______________________________________________________________________________________________
Other robots that look to have a future can be found at:
http://www.forexfactory.com/showthre...85#post3199485
http://www.forexfactory.com/showthre...85#post3155185

You certainly are not human Steve. Tell me the name of the planet you come from.

Well done, Steve! Good on you, mate.

Will follow closely and report any bugs.

prodigy!!!

Cheers guys. If you see any references to some unused functions and MACD, ignore them. They were supposed to come out before I put the robot up at the end of last week, but the DB thingy made me forget. They are gone now.

Holy $hit man... do you ever sleep?

Seems like a new robot crops up ever second day.

I have no idea how you find the time.

Subscribed & chasing the book for more learning.

Steve, I wondered what you were up to, there was a pause in the posting on your other threads. Was last week for about 29 minutes

cheers scalpz

Steve, do you think that hedging of unsuccessful trades is a good idea here? I mean, We open a buy when price is above SMA (because it is in the upper band). Then he price moves down, what makes us think that it will again move above average? I think you should at least consider to close the trade and its hedge at when touching the SMA. What about trying to add MTF or at least 200SMA to check the general trend direction??

Hey guys.

I am putting a temporary stop on this thread. In my head, the robot I posted earlier was up and working properly.

I am not sure what happened, but the interruption to my thought processes by the Dog's Bollocks robot has caused some mental chaos. Once I have sorted this out, I will reopen the thread. If you have already downloaded the stuff from post 1, I suggest you throw it away.

Sorry about that.

I think you have a ready beta-testing group Steve. Keep posting!

Sorry about the brief restriction I placed on the thread whilst I sorted myself out.

All is well now and the robot appears to be behaving as instructed.

I even have Scholssberg's name spelled correctly this time, thanks to a pm from a member.

Great to see you here, Ronaly Raygun. What you don't know about ea programming probably isn't worth knowing.

Hardly true. My current EA research has been toward making EAs 'smarter'. The Old Dog New Tricks thread is the first generation of that sort of EA. I still can't get the damn thing to work smoothly for all members testing it.

I'm not sure if you're having any better luck than I am. It seems like you are.

What I am doing here and elsewhere is basically simple - coding other people's trading systems.

I have bookmarked your thread and will read up this week. It looks like a really interesting idea.

My robot took a premature EU trade tonight, so I looked at the code and spotted one of my usual only-an-idiot-makes-this-kind-of-mistake in the coding.

This only applies to buy trades, but is a biggie. Fix in post 1.

Hi Steve,
I am a newbie to trading, been trading only since September 09, without much success...lol.

I did read your post above about ignoring posts from newbies asking daft and repetative questions, believe me I know what you mean....so many threads get destroyed by people asking the same old questions over and over again.

I do hope that either yourself or someone can help me out here ??

I have been trying to install your EA on my MetaTrader platform without any success.

1. I right click on the individual folders (indicators, templates etc) and "save target as" to my desktop.

2. I then open up Win-Rar and save it in a Win-Rar archive folder.

3. Still using Win-Rar I then try to extract the folder.
Using the indicator folder as an example....I would locate the MetaTrader folder within my PC programme files then find the experts folder, double click on the experts folder to show the indicator folder. Then click o.k.

4. I then get a dialogue box appear on my screen saying "Access Denied" ??

I have also downloaded Win-Zip tonight in the hope that this would work. I went through the same steps as above but still get the same "Access Denied" dialogue box come up.

Can someone please help the new guy out and tell me where I am going wrong ??

Best Wishes

Harmudge.

HI

Your problem has nothing to do with this thread and is a straight forward computing question. Some people think that STEVE is unduly harsh. But think of it this way, if you were a brain surgeon and middle of surgery a nurse asked you to show her how to stitch an incision would you not go bonkers?

Steve spends a lot of time everyday working on EAs and trading systems for our benefit and should not be asked mundane questions. Especially when it shows that the person asking the question is too lazy to spend couple of hours and Google the question and find the answer.

Here is your solution and please do not ask such questions in these threads unless you want to be barred.
1. LEFT click on the file a box opens and asks if you want to save or open the file.
2.click on save.
3. The box below asks if you want to save in the default folder, choose the folder you want (e.g. my documents or desktop) and click SAVE.
4. Go to the folder you saved the file and double click on it.
5. A new box opens showing contents of the zip file.
6. If using the windows WinZip you can simply highlight the desired files, right click and select copy. If using WINRAR you can not copy but choose extract to any folder (Not MT4) (e.g. desktop or my documents) go to that folder highlight files and right click and select copy.
7. Click on my computer, C:, progfiles, MT4, Experts for EAs and Expertsindicators for indicators. Right click on any empty space in that folder or sub directory and choose paste.
8. restart MT4

I hope this helps I am sure you can get PDF instructions with pictures of the various stages if you Google it. By the way if when you click on the zip file in the thread and Attachment.php opens then go to the paperclip icon next to the page numbers on the top right hand corner and download from there.

Yes, agree entirely
It is essential that anyone thinking of trying these robots fully understands their operating system & software before loading them.

You cannot run before you can walk

Many, many thanks for the reply, hopefully your directions will solve my problem. I will try it tonight.

I fully understand what you are saying about Steve putting a lot of time and effort into these EA's, and can do without continuous mundane questions etc.

Many Thanks

Harmudge

It was a pleasant start to my exploration of automating BS's systems last week. The account was up overall just short of 16%. Not many trades; not many outright winners; no losers that were not part of a hedged pair.

So, market conditions favoured partial hedging over stop losses last week. It is always nice when a plan works out, at first at least. Beats our usual exerience of having plans blown out of the water at the first possible opportunity.

Steve,

You may want to also check out "High Probability Trade Setups for the Currency Market" which he coe wrote.

Scoobs.