scooby-doo BOJ JPY pairs trading robot | Page 256 | Forex Factory

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scooby-doo BOJ JPY pairs trading robot

  • #5,101
  • Jan 28, 2010 9:23am Jan 28, 2010 9:23am
I went live on DB today, after a couple weeks of testing. Im using RSI 5, 72/28. SL of 45 TP of 55,

8 trades so far, 3 hit the SL, the other 5 hit the BE +5. Which is nothing like the results I saw on the demo, so I've just tweaked the settings, I'll get back to you on that one.

Original 2.2 continues to churn profit (touches forehead in lieu of wood)
  • #5,102
  • Jan 28, 2010 9:25am Jan 28, 2010 9:25am
Original 2.2 continues to churn profit (touches forehead in lieu of wood)[/quote]


are you live on 2.2?
  • #5,103
  • Jan 28, 2010 10:26am Jan 28, 2010 10:26am
I had a question regarding the BasketStopLossPercentage. I searched the thread for this parameter, but didnt find anything and I hope this wasn't discussed before. Say that I am testing this on a live mini acount, base lot is 0.10, which is 10 cents per pip, thus my take profit is $2.00 (20x). I live in the US so my criminal doesn't allow hedging.

If my account size is $2000, does it make sense to have a BasketStopLossPercentage of 10% ($100)? Should it be closer to 1% (in other words $20 or 200 pips)?

Generally speaking, how many pips should the basket stoploss roughly be?

Thanks for the help.
  • #5,104
  • Jan 28, 2010 10:28am Jan 28, 2010 10:28am
it close trades when needed only if i move time frames several times: some variables or buffers outside the start() ?
  • #5,105
  • Edited 12:19pm Jan 28, 2010 11:18am | Edited 12:19pm
Quoting maxou888
Scoob, very agree with you.
I have writed an EA based on RSI, buying on the bottom when the trend is up, and vice versa.
I found that RSI is a good indicator for most of the time but a concern when the volatility increase too much.
I reread the book "Bollinger Bands" from John Bollinger I find an idea that seems promising : apply BB to the RSI. So the trigger is not fixed levels like 70/30 but the upper and lower bands of the RSI.
I have coded this indicator, I joint here below.
In the Ea replace if (rsi<30) with the following :
if (RsiBB_rsi_prev<=RsiBB_LowBand_prev...
Howdy Maxou888,
Attached is the Dynamic Trend Oscillator. It is a very fast oscillator and good at defining turning points. It does not repaint. The second is the MTF version.
You may wish to add BB to it and use in the ea you are coding. The Rsi_BB you attached looks good in visual testing also, so if you add BB to the DTosc, you may want to decide which will give the better result. It's about optimization. I got the DTosc in another forum.

Cheers
Attached File(s)
File Type: mq4 #DTosc.mq4   2 KB | 666 downloads
File Type: mq4 #MTFDTosc.mq4   5 KB | 638 downloads
  • #5,106
  • Jan 28, 2010 11:41am Jan 28, 2010 11:41am
Quoting puntalara
Not me - keep hitting a sl that wipes out a few days profit. Are you using the default TP SL setting on yours?

Cheers Paul
I am using all defaults, except I turned off hedging.

Mike.
  • #5,107
  • Jan 28, 2010 12:54pm Jan 28, 2010 12:54pm
Started testing my demo accnt on Alpari (US) with

1. Scoobs' original v 2.2
2. Scoobs' 24 H (increased time frames to 90,90,10,10 with a multiplication factor of 500)

over the last coupla days.

My progress can be seen online @

https://www.myfxbook.com/portfolio/joombox/15070

Would love to see others' progress on these two bots too!

Cheers.
  • #5,108
  • Jan 28, 2010 2:44pm Jan 28, 2010 2:44pm
Quoting arjuncora
Started testing my demo accnt on Alpari (US) with

1. Scoobs' original v 2.2
2. Scoobs' 24 H (increased time frames to 90,90,10,10 with a multiplication factor of 500)

over the last coupla days.

My progress can be seen online @

https://www.myfxbook.com/portfolio/joombox/15070

Would love to see others' progress on these two bots too!

Cheers.
''You cannot access someone else's portfolio. If this is your portfolio, please login first. ''

It can't be viewed.
The greatest force on earth is compound interest.
  • #5,109
  • Jan 28, 2010 6:11pm Jan 28, 2010 6:11pm
Someone asked me about manual trading cross currency pairs.

Below is an example of trading EURJPY, which is made up of EURUSD * USDJPY.

Sell
1. EURJPY is OB in 15M and 1H.
2. EURJPY, EURUSD and USDJPY are below their 200 SMA on 4H.

Buy
 1. EURJPY is OS in 15M and 1H.
2. EURJPY, EURUSD and USDJPY are above their 200 SMA on 4H.

You can ofcourse ignore 2. above but remember you will be trading against the overall trend. You can get away with it sometimes but unless you know what you are doing then follow exactly the rules as described.

Scoobs
  • #5,110
  • Jan 28, 2010 7:32pm Jan 28, 2010 7:32pm
Quoting arjuncora
Started testing my demo accnt on Alpari (US) with

1. Scoobs' original v 2.2
2. Scoobs' 24 H (increased time frames to 90,90,10,10 with a multiplication factor of 500)

over the last coupla days.

My progress can be seen online @

https://www.myfxbook.com/portfolio/joombox/15070

Would love to see others' progress on these two bots too!

Cheers.

The correct link would be : http://www.myfxbook.com/members/arju.../joombox/15070

but it is still set to private. Set the status to public if you like to share the stats
Here the Help how to share the link to your stats :http://www.myfxbook.com/help#help_4


ottrix
  • #5,111
  • Jan 28, 2010 8:08pm Jan 28, 2010 8:08pm
Quoting ottrix
The correct link would be : http://www.myfxbook.com/members/arju.../joombox/15070

but it is still set to private. Set the status to public if you like to share the stats
Here the Help how to share the link to your stats :http://www.myfxbook.com/help#help_4


ottrix
Thanks for that!

It is now public and can be viewed at http://www.myfxbook.com/members/arju.../joombox/15070
  • #5,112
  • Jan 28, 2010 11:29pm Jan 28, 2010 11:29pm
Does anyone have any results on

1. Scoobs 24H robot ? My 24H doesnt seem to come on even when the parameters are met!

2. Scoobs 24H & original robot with hedging enabled. I am currently testing without hedging using Alpari US. I just found out that I can technically signup for an Alpari UK ac.

Thanks

A
  • #5,113
  • Jan 29, 2010 12:47am Jan 29, 2010 12:47am
Hey Scooby,

Sorry if I am spamming the thread, but I was hoping you would answer the question I posted earlier.

What should the risk/reward ratio be for the Original Robot? In other words, Basket Stop Loss / Basket Take Profit that is displayed on the chart? I am trying to test mini lots (10 cents per pip), thus 10% of account balance seems high.

Thanks again for your contribution.

http://www.forexfactory.com/showthre...26#post3410626
  • #5,114
  • Jan 29, 2010 3:06am Jan 29, 2010 3:06am
Quoting dryclean
are you live on 2.2?
yes I am
  • #5,115
  • Jan 29, 2010 3:08am Jan 29, 2010 3:08am
Quoting macman
Different brokers give totally different results. You cannot even compare results from the same broker unless you are on the same server

http://www.forexfactory.com/showpost...postcount=4833

Last night (GMT) Original bot on Alpari UK made a profit & identical bot on Alpari NZ (Russia) still open and going the wrong way !

I have the original bot V2.2 on Alpari UK as well (demo) Hit SL yesterday after two TP trades and this morning hit another SL just - my risk is 5% not the 10% as default.

Have you tweaked anything else on your bot.

Cheers Paul
  • #5,116
  • Jan 29, 2010 3:33am Jan 29, 2010 3:33am
Quoting rolleddice
Hey Scooby,

Sorry if I am spamming the thread, but I was hoping you would answer the question I posted earlier.

What should the risk/reward ratio be for the Original Robot? In other words, Basket Stop Loss / Basket Take Profit that is displayed on the chart? I am trying to test mini lots (10 cents per pip), thus 10% of account balance seems high.

Thanks again for your contribution.

http://www.forexfactory.com/showthre...26#post3410626
The risk/reward ratio for this type of trading is very poor. We take the JPY basket as a whole and do not look at individual currencies.

So, if the JPY is OB or OS does not mean every currency is OB or OS.

It just relies on the fact that there will be a market retrace at some point, which ofcourse is misleading as it may not occur.

Also, the lotsize is way to high given the number of currencies.

JPY pairs are very sensitive to any type of economic news, even low impact can send it in the wrong direction leading to large DD.

Scoobs.
  • #5,117
  • Jan 29, 2010 4:37am Jan 29, 2010 4:37am
Quoting puntalara
I have the original bot V2.2 on Alpari UK as well (demo) Hit SL yesterday after two TP trades and this morning hit another SL just - my risk is 5% not the 10% as default.

Have you tweaked anything else on your bot.

Cheers Paul
Up until now all profit this month as shown. Alpari UK demo with no changes to default settings.
Today may be first failure as at time of writing this trades still open ... we will see.

http://screencast.com/t/M2FlMjgyOT
  • #5,118
  • Jan 29, 2010 6:57am Jan 29, 2010 6:57am
This week for me 4 winning trades and 3 losing trades @ 5% risk

Lets see what next month brings

Looking at the thread it seems we do get a very mixed bag of results.

Cheers Paul
  • #5,119
  • Jan 29, 2010 7:11am Jan 29, 2010 7:11am
Quoting macman
Up until now all profit this month as shown. Alpari UK demo with no changes to default settings.
Today may be first failure as at time of writing this trades still open ... we will see.

http://screencast.com/t/M2FlMjgyOT
First place winner is the Original bot , which up to this day, is constant in getting pips. Demoed on FXCM UK default settings.
The BOJ 24H, in second place, with the only change been the use sma=true.
Third place is the Dogs Bollocks. Settings changed to BasketClosure% 0.75 and removed the imodium addicting NZDJPY pair.

Happy weekend and many pips to all.
  • #5,120
  • Jan 29, 2010 8:12am Jan 29, 2010 8:12am
I am demoing original on alpari UK. The only problem is that hedge just doesnt kick in. In the setting headge is enabled at 5%.and SL at 10% I am demoing with 5k account. What could be wrong?
in one month a lot of winners and 2 stops.
Boki
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