scooby-doo BOJ JPY pairs trading robot | Page 270 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading correlation pairs by using the other pairs 843 replies

Export All pairs or selected pairs to .csv with script 3 replies

Pairs of Currency Pairs 4 replies

Trending Pairs / Ranging Pairs 0 replies

Robot trading 120 replies

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

scooby-doo BOJ JPY pairs trading robot

  • #5,381
  • Feb 7, 2010 6:50pm Feb 7, 2010 6:50pm
Quoting ForexHunter
I should put on the BOJ original, but I thought you guys aren't sure because what if BOJ original made a massive dd? That's why you guys put hedgings...and made 24H BOJ...I'll change the demo to BOJ original first and see how it goes this week before trying on live account. So far, nothing should be happening this morning right??? My local time is Singapore so 5:30 am - 7:30 am...but the market opened at 7:00 am, so no trading for BOJ original right? Just checking....
Put anything on a live account before you know what you are doing and I will send round a hitman to sort you out.

Put BOJ on demo, stay in touch here and enjoy the ride. BOJ loses occasionally, and these hurt. The losers are blown out of the water by the winners, but this is no good if the first trade your bot takes turns into a loser.

Demo, then demo, then demo some more.

Then go live and expect your first five trades to be losers. 'Tis inevitable.
  • #5,382
  • Feb 7, 2010 6:55pm Feb 7, 2010 6:55pm
Talking about losers, last week was interesting.

BOJ Original on live accounts.

eglobal cent account - nothing but winners, usually within minutes of the bot taking the trade and netting c. 1% profit.

SS IBFX - nothing but losers. Not much in cash terms because mptm cut the baskets after 150 minutes, but a huge difference.

I am only too well aware that different brokers = dofferent feeds = different results, but last week was something again.

  • #5,383
  • Feb 7, 2010 7:01pm Feb 7, 2010 7:01pm
Steve,

I expected to be a loser, that's part of trading right. I have made some robot myself, but the entrances don't happen so often like BOJ intervention. So I made 3 different robots for different currencies like USDJPY, EURUSD, GBPUSD. So far only made 1 entrance last week and made TP 1000. I use 1:1 riskrofit with trailing stop 250. I don't input holidays, news, or starting time. It works, but slow with low dd. Actually, I am not a programmer. I paid someone to program the robots. I made the strategy.

I got so tired paying other ppl's non workable robots (scammers). I paid 2 robots (Unknown bot at $99 and USDbot at $149) and they all suck. Well, there's one programmer who actually made into the top 20 MT4 challenge 2007, and the robot he is selling to public doesn't make everyday entrances (10% profit in a year). So, my quest to find the holy grail still continues.
  • #5,384
  • Feb 7, 2010 7:02pm Feb 7, 2010 7:02pm
Quoting SteveHopwood
The occasional round of applause doesn't do my ego any harm, either.

Together, those of us with the nous to understand what is going on, will 'get there'.

And if that damned Holy Grail robot is possible, then I will code it for sure.
I think I speak for a large number of people here when I say you and scooby have been godsend for us. I hope someday I can conribute something worthy in return (don`t expect it for at least a year or so).

As for applause, you should read what people say about your mptm in the other threads (e.g. nanningbob says it is dynamite and may solve upto 70-80 % of his DD problems).

Kind Regards
  • #5,385
  • Feb 7, 2010 7:07pm Feb 7, 2010 7:07pm
Quoting astral77
I think I speak for a large number of people here when I say you and scooby have been godsend for us. I hope someday I can conribute something worthy in return (don`t expect it for at least a year or so).

As for applause, you should read what people say about your mptm in the other threads (e.g. nanningbob says it is dynamite and may solve upto 70-80 % of his DD problems).

Kind Regards
Cheers. My post was a tongue-in-cheek observation not a hint, but thanks anyway. I am just the mechanic here; Scoobs is the genius.

  • #5,386
  • Feb 7, 2010 7:15pm Feb 7, 2010 7:15pm
Quoting SteveHopwood
Cheers. My post was a tongue-in-cheek observation not a hint, but thanks anyway. I am just the mechanic here; Scoobs is the genius.

What I am about to share with you is no joke.

I got an email last week from someone on FF who.....

"Scooby, why when I open a trade for any currency at random times during the day it always starts negative".

There are some people who should have been culled before leaving their mothers womb. However, I was feeling sorry for the person, so my response was...

"If you ever find that it is always positive then dont tell anyone and close the trade ASAP because you have either found the holy grail or your broker wont last very long".

No offence to any females here.

Scoobs.
  • #5,387
  • Edited 7:39pm Feb 7, 2010 7:24pm | Edited 7:39pm
uh? what? eh?

yu meen ther is a resun wy tradz opn at los? i alwaz thut i wus tacing tradz mi brocer hatd and had got it in fr mi

so i shudnt cloze trads wen thay go strate in2 los? this wil sav mi a lot of mony

tankz

ps sory abowt my spelung of mony. i no it shud hav bin muny but i cant ges how to edit tish poste sory agen
  • #5,388
  • Feb 7, 2010 7:25pm Feb 7, 2010 7:25pm
rofl!!! steve that was the most urban enactment ive ever read online
  • #5,389
  • Edited 8:18pm Feb 7, 2010 7:36pm | Edited 8:18pm
Quoting Sim
rofl!!! steve that was the most urban enactment ive ever read online
Hehe. The nature of what they and I are trying to achieve together predicates that my piano pupils usually have a modicum of intelligence. Often, they are fantastically more clever than I am.

Conversation does occasionally turn to the less intellectually endowed of their classmates at school. Discussing X, they laugh a lot when I give my, "Half a millions years of natural selection have led to that" quip.

Next stop for these less-endowed individuals would be trading forex if they could actually spell it well enough to find it via GoogleWikipedia.
  • #5,390
  • Feb 7, 2010 8:03pm Feb 7, 2010 8:03pm
Quoting scooby-doo
The easiest way is...

1. Pick known trending pairs, like GBPJPY etc
2. Only trade them during their own market hours. So for GBPJPY it would be London and Tokyo sessions. Not if a public or festive holiday affecting either.
3. Maksure their 20 day EMA is not near to their 200 day EMA.
4. Use ATC (attached) and makesure it is clearly pointing down or up, not sideways.
5. Look at the price change over a period of time. i.e. 15M. New highs or lows for the timeframe.

Scoobs.

Look at the picture between the 2 virtical red lines. The 20 day EMA was...
Scoobs, please would you be generous enough to share your input settings for the Ultimate RSI Indicator on the last chart screenshot you posted? I have the Indy set up and running but just wondered what settings you were using. Pretty please with sugar on top, and a cherry?
  • #5,391
  • Feb 7, 2010 8:22pm Feb 7, 2010 8:22pm
Quoting scooby-doo
I got an email last week from someone on FF who.....

"Scooby, why when I open a trade for any currency at random times during the day it always starts negative".

Scoobs.
It reminds me of an email which was circulating few years ago which was the actual transcript of someone calling the support line of a major PC distributor. Someone called the support line and said their new pc is not working after a long conversation when the engineer eventually asks the person to check the cables he/she said could not see because they had a POWER CUT. The engineer said the problem was quite big and the PC should be returned. When the caller asked what they should tell the vendor the engineer replied "tell them you are too F$%*ing stupid to own a PC.
  • #5,392
  • Feb 7, 2010 8:38pm Feb 7, 2010 8:38pm
Quoting ForexHunter
I love the BOJ original trading strategy but what to do in between those time?
That is a very good question.

My answer right now is, nothing - live at least.

Live, the BOJ Original has the potential to make 2% a day. Ok, so this is not the reality - sometimes it does not trade at all and there are occasional losers. Even if it only makes 2% a week - do the maths, as people say.

What I am saying here is, only the BOJ Original has proven live profits to show. When I try one of the other robots on a live account, it is a tiny eglobal cent account that I can risk without a care. Plus, I coded the robot so I know how much damage it is capable of inflicting. I would not be so cavalier with a $50,000 account.

  • #5,393
  • Feb 7, 2010 11:51pm Feb 7, 2010 11:51pm
Opposite Robot (not v1)

Attached Image (click to enlarge)
Click to Enlarge Name: Opposite.jpg Size: 29 KB
  • #5,394
  • Feb 8, 2010 3:12am Feb 8, 2010 3:12am
Did u guys make any buy opening today? At the end of the Japan market that is? Mine didn't do anything?
Attached Image (click to enlarge)
Click to Enlarge Name: gpbjpy1.jpg Size: 168 KB
  • #5,395
  • Feb 8, 2010 3:56am Feb 8, 2010 3:56am
Hi folks,
is somebody using it? If so any results so far?
Best regards!
  • #5,396
  • Feb 8, 2010 4:02am Feb 8, 2010 4:02am
Quoting ForexHunter
Did u guys make any buy opening today? At the end of the Japan market that is? Mine didn't do anything?
Yep. 8.01 London time - closed 5 minutes later. Nice start to the trading week.

  • #5,397
  • Feb 8, 2010 4:03am Feb 8, 2010 4:03am
Quoting Meister81
Hi folks,
is somebody using it? If so any results so far?
Best regards!
I am. I only started it on a permanent demo last night, so no results yet.

  • #5,398
  • Feb 8, 2010 4:13am Feb 8, 2010 4:13am
Quoting SteveHopwood
I am. I only started it on a permanent demo last night, so no results yet.

if you mean the Scooby 20EMA 200EMA then it doesnt work as there are coding bugs which I will look at later.

Scoobs.
  • #5,399
  • Feb 8, 2010 4:15am Feb 8, 2010 4:15am
Steve,

Did you see the chart? There were news during the 2 hrs before Japan market closed. Did you get the news and so the EA didn't make a move? By the way, the H1 wasn't showing OB? Are we in the same page here? I am using MT4 Alpari demo with 5 digits.
  • #5,400
  • Feb 8, 2010 4:15am Feb 8, 2010 4:15am
Quoting SteveHopwood
I am. I only started it on a permanent demo last night, so no results yet.

Do you use default settings, Steve? Which timeframe? 4 hour?
Best regards!
3 traders viewing now