scooby-doo BOJ JPY pairs trading robot | Page 286 | 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

  • #5,701
  • Feb 10, 2010 6:30pm Feb 10, 2010 6:30pm
Quoting scooby-doo
You couldnt make this stuff up. I am not going to tell anyone on my trading floor because they will all die laughing. Its common knowledge that Cyprus brokers are the real deal criminals.

I wouldn't want to be responsible for any actual deaths, but don't mind being the cause of a few gales of laughter. Go ahead and tell them; traders need the occasional laugh as well.

  • #5,702
  • Feb 10, 2010 6:33pm Feb 10, 2010 6:33pm
Quoting SteveHopwood
I wouldn't want to be responsible for any actual deaths, but don't mind being the cause of a few gales of laughter. Go ahead and tell them; traders need the occasional laugh as well.

I need to go and change my trousers first.

  • #5,703
  • Feb 10, 2010 6:37pm Feb 10, 2010 6:37pm
Quoting scooby-doo
I need to go and change my trousers first.

No control, some people.
  • #5,704
  • Feb 10, 2010 6:40pm Feb 10, 2010 6:40pm
Quoting SteveHopwood
No control, some people.
Steve,

There is a bug with my news filter as it let a AUDJPY trade go through which would have been passed to it as symbol....

//+------------------------------------------------------------------+
//| expert News function |
//+------------------------------------------------------------------+

bool NewsExist(string symbol)
{

string NewsPairs[5];
int MinutesSincePrevEvent;
int MinutesUntilNextEvent;
bool News;

NewsPairs[0] = "EURUSD" + Suffix;
NewsPairs[1] = "USDJPY" + Suffix;
NewsPairs[2] = "GBPUSD" + Suffix;
NewsPairs[3] = "USDCHF" + Suffix;
NewsPairs[4] = symbol;

for(int d = 0; d < ArraySize(NewsPairs); d++)
{
MinutesSincePrevEvent =
iCustom(NULL, 0, "Economic News", NewsPairs[d], true, false, false, true, true, 1, 0);

MinutesUntilNextEvent =
iCustom(NULL, 0, "Economic News", NewsPairs[d], true, false, false, true, true, 1, 1);

if((MinutesUntilNextEvent <= 60) ||
(MinutesSincePrevEvent <= 15))
{
News = true;
}
}

return(News);

}
  • #5,705
  • Feb 10, 2010 6:47pm Feb 10, 2010 6:47pm
This does beat the telly!

I also had a massive closed loss on AUDJPY on the original. First basket of 4 trades (sells) closed out with a heavy loss; another basket now doing the same.
  • #5,706
  • Feb 10, 2010 6:55pm Feb 10, 2010 6:55pm
Here too. Looking at it.

  • #5,707
  • Feb 10, 2010 7:27pm Feb 10, 2010 7:27pm
It doesn't matter how hard I glare at the code, I still cannot see anything wrong. I have been to my experiments script and tried out the usual stuff that I would balls up, but you have avoided those basic mistakes.

Could it simply be that some combination of FFCal and FF calendar have allowed this news event to slip through? I have spent hours trying to track down bugs that turned out to be due to nothing I could control - that blasted MarketInfo must have a string parameter being caused by punters changing the tf with a robot still attached causing the error, for example.

Maybe we just need to watch and see if this event happens again.

  • #5,708
  • Feb 10, 2010 7:35pm Feb 10, 2010 7:35pm
I had this problem in my scalper... check to make sure that the time offset is proper from the XML file that the FFCAL is reading from online. Check that the minutes after event is proper and shows the correct number of mins since the AUSSY news.


AUDUSD/AUDJPY shot up a hundred pips...
  • #5,709
  • Feb 10, 2010 8:02pm Feb 10, 2010 8:02pm
sidhujag to the rescueee!

scoob and steve you're doing amazin work for us all man. appreciated. i wanna give you uber-vouches
  • #5,710
  • Feb 10, 2010 8:11pm Feb 10, 2010 8:11pm
Quoting scooby-doo
It could be worse, it could have been a Cyprus broker.

They are known for being the ultimate criminals.

Scoobs.
I have been through a fair number of brokers. AVOID CYPRUS, AVOID CANADA, AVOID MOST SWISS ONES. Most of them are owned and operated by Russians. Thus far the least criminal of criminals I have found to be IBFX, FOREX.com. Have not tried FXDD or GFT. AT ALL COSTS AVOID FXCM, they are worst than the cyprus based ones. Although they blame it on the MT4 platform. God halp us all.

Kind regards
P.S. I have been searching for a good broker which offers $10K or less accounts with no joy as yet.
  • #5,711
  • Feb 10, 2010 8:19pm Feb 10, 2010 8:19pm
Hi,

Have you tried GoMarkets Australia?

They seem to be decent with no criminal activities, thus far in my 6 months of trading with them. you can start an account with as low as A$500.

Cheers


Quoting astral77
I have been through a fair number of brokers. AVOID CYPRUS, AVOID CANADA, AVOID MOST SWISS ONES. Most of them are owned and operated by Russians. Thus far the least criminal of criminals I have found to be IBFX, FOREX.com. Have not tried FXDD or GFT. AT ALL COSTS AVOID FXCM, they are worst than the cyprus based ones. Although they blame it on the MT4 platform. God halp us all.

Kind regards
P.S. I have been searching for a good broker which offers $10K or less accounts with no joy as yet.
  • #5,712
  • Feb 10, 2010 8:24pm Feb 10, 2010 8:24pm
wow that news filter bug is wreaking havoc.
AUD baskets on extreme/scoobs are toast......
Odysseus
forexfusiondotcom
  • #5,713
  • Feb 10, 2010 8:36pm Feb 10, 2010 8:36pm
Quoting scooby-doo
Yes.

But you do have to realise that brokers (especially ones that deal against you) are not stupid. If someone ever comes up with an EA or alike that wins consistently would have a significant impact on their buisness models. Meaning they would employ every technique under the sun to stop your EA.

What if the Scooby EMA20-EMA200-RSI(X) turns out to be a consistent long term market winner and > 1 Million people world-wide use it 24/5 ???????????????

Scoobs.
I would assume almost, if not all, brokers deal against retail traders. But why? When retail traders make money, it's from the market not the brokers. They made their money from spreads and their own trading. Also, if brokers make retail traders lose money, most of them will not come back to the same broker and they lose long term business. Rather than trade against retail traders, why not trade themselves and everybody is happy? I just don't understand.....
福 子 Victor V
  • #5,714
  • Feb 10, 2010 8:57pm Feb 10, 2010 8:57pm
The attached file is a very simple, but practical news updater.
You can choose its currencies and 3 levels of priorities for scheduled news releases.
It also has an alarm that can remind you to manually close positions when they are about to release hot news.
I hope this can be beneficial
Attached File(s)
File Type: zip setup.zip   135 KB | 408 downloads
  • #5,715
  • Feb 10, 2010 9:04pm Feb 10, 2010 9:04pm
camvcvoo,
the reason is because most of the "bucketshop" brokers, as they are called, *do* in fact take the other side of your trades. If you look closely even semi-honest places like IBFX that claim to not have a dealing desk actually reserve the right in their fine print to take the other side of any trades if they choose.

And since they already know that something like 97% of traders blow out, taking the other side of trades can be a big component of their revenue from small traders. It all boils down to lot size. These bucketshops are able to keep small retail traders and their trades "sandboxed" without them realizing it. You may THINK your .02 lot buy order for EUR/USD went to market via your broker and then an institutional bank, but very likely it didnt. If it DID, it only did so as a "bundle" with possibly dozens (or hundreds) of other traders who also placed similar buy orders for that currency. The brokers MT4 platform handles all of this internally according to admin rules that they set up.
What can -and does - happen is that your trade is "live" only in the sandbox of the bucketshops server, where statistics are in THEIR favor. They can and will use a million shady tricks to make sure you LOSE. Which of course means, unbeknown to you, that THEY WIN. This is their incentive. In the case of STP or ECN processing brokers (as long as that is legit and not just a fraud), you are right, they have no incentive to see you lose. But these brokers are often large entities with real institutional connections (and possibly an aggregator) or have high monthly fees and fairly high minimum lot requirements.
Odysseus
forexfusiondotcom
  • #5,716
  • Feb 10, 2010 11:13pm Feb 10, 2010 11:13pm
Quoting odysseus11
camvcvoo,
the reason is because most of the "bucketshop" brokers, as they are called, *do* in fact take the other side of your trades. If you look closely even semi-honest places like IBFX that claim to not have a dealing desk actually reserve the right in their fine print to take the other side of any trades if they choose.

And since they already know that something like 97% of traders blow out, taking the other side of trades can be a big component of their revenue from small traders. It all boils down to lot size. These bucketshops are...
You're right... and most brokers won't get deals from banks unless the broker gaurantee's that he's able to hedge any positions since that means the banks won't lose either way. It's not a decision the brokers wan't to do its because they won't get the banks to sign with them for the feed.

Case and point I am with Tadawul FX who claims to be a NON ECN but STP.... they say they don't take the other side of the trade but 99.9% of the trades I make that are pretty big in size with little volume evident see the trade immediately go against me to the PIP...and when I exit it goes back the other way... this shows the hedging going on... I buy they sell... If I win they lose.. so they make sure I don't win by chasing stoplosses, disconnecting, giving the trade context busy etc.

If you read your agreement they say that they can hedge your positions if they feel it is necessary.

Thats a part of the game I guess... unless you can afford a direct institutional feed.

Jag
  • #5,717
  • Feb 11, 2010 1:04am Feb 11, 2010 1:04am
Quoting scooby-doo
1. Look for EA patterns and tell you to stop running it.
2. Wait for you to open trades and then widen the spread.
3. Increase/decrease overnight swap rates.
4. Use their market reserves to temporarily move the market to your SL.
5. Requotes.
6. Offquotes.
7. Increase slippage.
8. Drop your connection.

Scoobs.

What a hell than we are doing here, loosing our time?
  • #5,718
  • Feb 11, 2010 1:13am Feb 11, 2010 1:13am
Steve,

Still seeing on-chart text flashing quickly back and forth between "trading suspended for public holiday" and the normal on-chart information provided during trading hours.

I presume this has no effect on the bot performance, just a small cosmetic bug you might want to fix at some future date...or not.
  • #5,719
  • Feb 11, 2010 2:18am Feb 11, 2010 2:18am
Quoting xman
What a hell than we are doing here, loosing our time?
Hi there,

found this thread accidently 2 days ago and I have to say you are discussing very interesting stuff here.
So thanx to Scooby and Steve and all the other in here.
Keep up your very interesting work.

But now to answer your question:

Use your edge with the presented concepts to be superior to all the others in the sandbox. Defacto trade small sizes and use the technology of EAs to replicate your trades to several brokers to reach finally serious position sizes mmarized over all your accounts ...

CU,
MaMood
  • #5,720
  • Feb 11, 2010 2:34am Feb 11, 2010 2:34am
Quoting xman
What a hell than we are doing here, loosing our time?
Human predilection that they can defy the odds and win where others fail.

Welcome to the club
2 traders viewing now