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scooby-doo BOJ JPY pairs trading robots - ask your basic questions here

  • #121
  • Feb 24, 2010 11:49pm Feb 24, 2010 11:49pm
HI,

Can anybody tell me what time shift I need to specify for HolyGrail 1.6.

I am running it on Alpari UK from India.

Should it be my local time shift compare to GMT which is +5 (5.30 actual)

or it should be -5, or it should only be +1 (Alpari shift) how exactly to put this.

Looking at the below code in the EA, I am bit confused.


int gmtHH = TimeHour(TimeLocal()); We are taking local time in hours

if(GMTShift < 0) gmtHH = gmtHH - MathAbs(GMTShift);
if(GMTShift > 0) gmtHH = gmtHH + MathAbs(GMTShift);
Should the above lines be reverse? Lets say I put +5 in my case, its adding 5 more hours which i feel is wrong.

if((TimeDayOfWeek(TimeLocal()) == 5 && TimeHour(TimeLocal()) > 12) ||
(TimeDayOfWeek(TimeLocal()) == 0 && TimeHour(TimeLocal()) < 23) ||
TimeDayOfWeek(TimeLocal()) == 6 || NewsExist() == true)
{
Status = "Trading disabled...";
}
Why are we disabling the EA based on Localtime.... Shouldnt it take GMT for doing that?


I am not able to post in the other thread hence positng here. I hope somebody clears my doubt.

Thanks,
Prakash
  • #122
  • Feb 25, 2010 12:56am Feb 25, 2010 12:56am
No idea here, as I thought it was based on local time also. But I'd have to put -8 for the gmt shift if local time, and when I tried to put that the ea wouldn't function. So I just put it at broker gmt shift lol
  • #123
  • Feb 25, 2010 2:08am Feb 25, 2010 2:08am
Quoting tazmaan
No idea here, as I thought it was based on local time also. But I'd have to put -8 for the gmt shift if local time, and when I tried to put that the ea wouldn't function. So I just put it at broker gmt shift lol
I hope, Steve or Scoob sees this thread and help us understanding this.

Thanks in advance Steve,Scoob.

Prakash
  • #124
  • Feb 25, 2010 5:20am Feb 25, 2010 5:20am
The reason it wants local time (that's the time you computer is set to) is that the EA uses the clock on your computer to function. So, you need to factor your computers time difference from GMT and there you have it.
When daylight savings time comes you'll have to do it all over again.

Another simple solution is to set the clock on your computer to GMT, then your local time IS GMT-which never changes for DLS.




Quoting reachjj
I hope, Steve or Scoob sees this thread and help us understanding this.

Thanks in advance Steve,Scoob.

Prakash
  • #125
  • Feb 25, 2010 6:57am Feb 25, 2010 6:57am
Quoting wolfeman
The reason it wants local time (that's the time you computer is set to) is that the EA uses the clock on your computer to function. So, you need to factor your computers time difference from GMT and there you have it.
When daylight savings time comes you'll have to do it all over again.

Another simple solution is to set the clock on your computer to GMT, then your local time IS GMT-which never changes for DLS.
I understood that. But what GMTShift I need to mention in this EA Parameter. This is what I am interested to know.

Thanks
Prakash
  • #126
  • Feb 25, 2010 8:11am Feb 25, 2010 8:11am
Quoting reachjj
I understood that. But what GMTShift I need to mention in this EA Parameter. This is what I am interested to know.

Thanks
Prakash
I think wolfeman already answered your question :

"So, you need to factor your computers time difference from GMT and there you have it."

In your case +5 or +5:30 according to :
http://www.timeanddate.com/worldclock/city.html?n=771

Test both variants
  • #127
  • Feb 25, 2010 8:31am Feb 25, 2010 8:31am
Quoting ottrix
I think wolfeman already answered your question :

"So, you need to factor your computers time difference from GMT and there you have it."

In your case +5 or +5:30 according to :
http://www.timeanddate.com/worldclock/city.html?n=771

Test both variants
int gmtHH = TimeHour(TimeLocal()); We are taking local time in hours

if(GMTShift < 0) gmtHH = gmtHH - MathAbs(GMTShift);
if(GMTShift > 0) gmtHH = gmtHH + MathAbs(GMTShift);

Should the above lines be reverse? Lets say I put +5 in my case, its adding 5 more hours which i feel is wrong. I think we should have subtracted 5 hours to get the GMT.
  • #128
  • Feb 25, 2010 10:27am Feb 25, 2010 10:27am
Like I said earlier, whether its a bug or not no idea.
But I am GMT -8. If I try to put -8 in the inputs, the ea will not function.
So stuck just putting in a gmt offset setting that isn't real.
  • #129
  • Feb 25, 2010 10:48am Feb 25, 2010 10:48am
GMT time = 17.00
My Local time = 18.00 (Sweden)

Than GMT Shift =1

Correct me if I´m wrong

Elovv
  • #130
  • Feb 25, 2010 11:40am Feb 25, 2010 11:40am
Quoting SteveHopwood
I have turned off the wave 2 trades - couldn't stand the tension of watching them.
Steve,

How did you turn off wave 2 trades?

JR
  • #131
  • Feb 25, 2010 2:40pm Feb 25, 2010 2:40pm
I ditto this question.

Did you update the EA for this? Or must I attempt to butcher the code myself? That could take me a month...

Quoting octomanoak
Steve,

How did you turn off wave 2 trades?

JR
  • #132
  • Feb 25, 2010 2:59pm Feb 25, 2010 2:59pm
Hi everyone,

I've been demo testing the original boj for several weeks and the bot is working well: it opens trades and closes them when the time has expired, or when the tp or sl has been hit.

The overall performance of the bot is good (more wins than loses) but very different from that referred on the main thread where some contributors have mentioned profits of 1% daily.

I've searched all over the main thread looking for some setting suggestions but in the few posts I've found something, it's only said that "original settings" work fine. Although, it's possible that I missed the post I'm looking for, in a 6000+ posts thread

Can any of you guys recommend the best settings for this robot? I've tried some variations but havent found the one that gives the amazing results from the big boys in the main thread...

Thanks!

d.
  • #133
  • Feb 25, 2010 7:41pm Feb 25, 2010 7:41pm
Quoting octomanoak
Steve,

How did you turn off wave 2 trades?

JR
As it happens, I was looking into this earlier today.

Truth to tell, I cannot see how I turned off wave 2 trades. What I do know is that the robot has not taken any since I turned them off.

We would expect to see a TradeWave2 input, or some such, but there is no such input. The code for wave 2 trading is still in place, but it is not called.

I will sort this out.

  • #134
  • Feb 25, 2010 8:48pm Feb 25, 2010 8:48pm
I upgraded my original BOJ to version 2.4 today, and the trade at the beginning of the Japan session went against me... Good thing it was a demo! Did anyone else experience this? Of note, my demo on Activtrades went into serious DD bigtime, but the same EA on IBFX did not trade. Just wanted to see if anyone else lost today. Thanks - Steve
  • #135
  • Feb 25, 2010 8:56pm Feb 25, 2010 8:56pm
I think I now see what happened; my activtrades account did not get the news feedback, but the IBFX account did. Looking forward to see if anyone on the main thread comments on the beginning of the Japan session; it's quiet over there now. Many thanks - Steve
  • #136
  • Feb 25, 2010 9:41pm Feb 25, 2010 9:41pm
Quoting StephenS
I think I now see what happened; my activtrades account did not get the news feedback, but the IBFX account did. Looking forward to see if anyone on the main thread comments on the beginning of the Japan session; it's quiet over there now. Many thanks - Steve
What time (GMT) is the trade your activetrades account took that went into a loss. My Forex.com account took a trade at 22:33 GMT and is still open with 5 hedges running.
  • #137
  • Feb 26, 2010 1:55am Feb 26, 2010 1:55am
Quoting reachjj
HI,

Can anybody tell me what time shift I need to specify for HolyGrail 1.6.

I am running it on Alpari UK from India.

Should it be my local time shift compare to GMT which is +5 (5.30 actual)

or it should be -5, or it should only be +1 (Alpari shift) how exactly to put this.

Looking at the below code in the EA, I am bit confused....
Steve,
Can you please clear the doubt...

Thanks,
Prakash
  • #138
  • Edited 5:27am Feb 26, 2010 5:22am | Edited 5:27am
Quoting dazar1972
Hi everyone,

I've been demo testing the original boj for several weeks and the bot is working well: it opens trades and closes them when the time has expired, or when the tp or sl has been hit.

The overall performance of the bot is good (more wins than loses) but very different from that referred on the main thread where some contributors have mentioned profits of 1% daily.

I've searched all over the main thread looking for some setting suggestions but in the few posts I've found something, it's only said that "original settings" work fine....
I have been running it on a FXCM (4 digit broker) live account since early Feb and words cannot possibly describe the peformance: It went from USD 3,450 to 4,442 today = 30%. Out of 46 trades, only 2 went south (that includes one with a 1.30 $ loss) and on a good day like today, it takes 2 trades and makes a whopping 3% profit. Baselot is 1, TPMultiplicationFactor 250, BasketStopLossPercentage 5%, CriminalsECN is true (applies to FXCM, have it running on Alpari, too, turn it off there), NewsFilter off, Time settings according to my server's locale; everything else is standard. Keep in mind that you need to divide the pip sizes by 10 if you run it on 4 digit brokers (e. g. FXCM, FXDD) or leave them unchanged for 5 digit brokers (MBT, IBFX, Alpari et al).
Attached File(s)
File Type: pdf D__DetailedStatement.pdf   24 KB | 290 downloads
  • #139
  • Feb 26, 2010 7:51am Feb 26, 2010 7:51am
Hi Octomanoak.

My activtrades account took the basket at 2/25/2010 at 23:30 (according to my broker's time) or 7:30 PM EST (one half hour after the Japan open). I thought it was a news issue, but the news items on FF were not of a high impact nature. Anyhow, there was a significant loss, and the hedging did little to mitigate the situation.

I'm a big fan of Steve and Scooby, and have read the main thread three times; after so many winning baskets on version 2.3, I started assuming the original BOJ EA would never lose! There has been nothing said about any failed original 2.4 trades on the main thread during the session (I wish I could ask over there, but I'm too new, and have no vouches.) I must have done something wrong; I'm determined to learn more. If you see anything out of the ordinary, please let me know. Many thanks! Here's my settings:

GVI=-----General trade inputs-----
PairsToTrade=AUDJPY,CADJPY,EURJPY,USDJPY
SellHourStarts=17
BuyHourStarts=1
BaseLot=0.10000000
RobotCalculatesLotSize=1
TpMultiplicationFactor=400
BasketStopLossPercentage=10.00000000
EmergencyStopLoss=6000
EmergencyTakeProfit=6000
MaxSpreadAllowed=100
MagicNumber=123456
OnlyTradingThisSystem=1
TradeComment=Original Basket trade
CriminalIsECN=0
TradeSundayCandle=1
stu=-----Stop trading-----
StopTrading=0
bin9=Trade expiry settings
TradesWillExpire=1
BuyTradesWillExpireMins=150
SellTradesWillExpireMins=300
st=Use format dd.mm.yyyy h:mm
NoTradeUntil=1259013600
rsg=----RS Group JPY Strength Index V1.2----
LowerTfOverBought=90.00000000
HigherTfOverBought=70.00000000
LowerTfOverSold=10.00000000
HigherTfOverSold=30.00000000
news=-----News filter-----
UseNewsFilter=1
MinsBeforeNews=60
MinsAfterNews=30
news1=3=High; 2=Medium; 1=Low
NewsImpact=3
new=----Next JPY Public Holiday----
newi=Use format dd.mm.yyyy h:mm
NextPublicHoliday=1293919200
isi=----Immediate basket features----
ShowImmediateBuyBasket=1
ShowImmediateSellBasket=1
ShowImmediateCloseBasket=1
LabelColour=65535
hed=----Hedging----
AllowHedging=1
MaxHedgeTradesAllowed=5
HedgeAtLossPercent=5.00000000
PercentageToHedge=10.00000000
TrailingStopPips=1000
oae=----Odds and ends----
DisplayGapSize=30
  • #140
  • Feb 26, 2010 8:54am Feb 26, 2010 8:54am
Quoting xicecube
I have been running it on a FXCM (4 digit broker) live account since early Feb and words cannot possibly describe the peformance: It went from USD 3,450 to 4,442 today = 30%. Out of 46 trades, only 2 went south (that includes one with a 1.30 $ loss) and on a good day like today, it takes 2 trades and makes a whopping 3% profit. Baselot is 1, TPMultiplicationFactor 250, BasketStopLossPercentage 5%, CriminalsECN is true (applies to FXCM, have it running on Alpari, too, turn it off there), NewsFilter off, Time settings according to my server's locale;...
Really helpful! Thank you very much, cant wait til monday to try it! I'll let you all guys know how it goes on my demo acc with these settings.

d.
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