scooby-doo BOJ JPY pairs trading robot

Quoting zznbrm

Disliked

After watching the Laguerre for a few weeks now, I don't like the 0.8 and 0.2 levels for OB/OS on M5. It is too volatile around those levels. The Laguerre likes to go to the extremes (> 0.95 and < 0.05) and then sit there for a while. FWIW, my implementation is as follows (Long example):

OS Condition
----------------
Trend is up on H1: EMA(25) > EMA(50) > EMA(100) > EMA(200)
M15, H1, and H4 RSI(3) < 20
M5 Laguerre(0.5) < 0.05

Once the OS conditions are met, you enter a buy when M5 Laguerre(0.5) > 0.15

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Quoting charvo

Disliked

Your way of using LagRSI is brilliant! Thanks a lot!

I think it helps increase entries without hurting w/l ratio. great improvement! (compared to my thoughts)

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Quoting tazmaan

Disliked

Unless the mtf rsi indicators I scrounged up are lying, it looks like you might have to adjust the entry conditions a bit in order to get any trades at all.
It's very unusual for the rsi on all 3 tf's (m15,h1,h4) to all stay above 80 at the time the laguerre comes back under .8 from .95....

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Quote

Disliked

Unless the mtf rsi indicators I scrounged up are lying, it looks like you might have to adjust the entry conditions a bit in order to get any trades at all.

Quote

Disliked

It's very unusual for the rsi on all 3 tf's (m15,h1,h4) to all stay above 80 at the time the laguerre comes back under .8 from .95. Not sure if you were trying to have all in line at point of trade entry.

Quoting mbkennel

Disliked

same trade criteria as 1.6 / charvo, with one minor tweak....

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Quoting sundog

Disliked

thanks for this, however, where can i obtain the LibGMT? thanks

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Quoting dryclean

Disliked

No live trades on the Original last night for me FXDD . . . . .anybody???

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Quoting scooby-doo

Disliked

There were 2 bugs in v2.3 which I have corrected, hence the testing has re-started.

Once I am sure it is working to my specs then I will release it. Not before.

Scoobs.

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void SetStopLossTakeProfit(int type, string symbol, double price)
{
   double digits = MarketInfo(symbol, MODE_DIGITS);
   double atr = iATR(symbol, Atr_Timeframe, Atr_Period, 0);
   
   
   if (type == OP_BUY || type == OP_BUYSTOP)
   {
      StopLoss = NormalizeDouble(price - atr, digits );
      TakeProfit = NormalizeDouble(price + (atr * Atr_TP_Multiplication_Factor), digits );      
   }//if (type == 0)

   if (type == OP_SELL || type == OP_SELLSTOP)
   {      
      StopLoss = NormalizeDouble(price + atr, digits );
      TakeProfit = NormalizeDouble(price - (atr * Atr_TP_Multiplication_Factor), digits );      
   }//if (type == 0)


}//End void SetStopLossTakeProfit(int type, string symbol)

Quoting SteveHopwood

Disliked

The 3 ema rsi bot has made a promising start on demo.

The latest version in post 1 has the option to use it as a trade-setup alerter rather than a trader, for those of you who want to enter the trades manually. There is an input to set the maximum no of alerts so they do not drive you nuts.

I have not tested this as I want the robot to trade for me, so sing out if there is anything wrong.

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Quoting SteveHopwood

Disliked

The 3 ema rsi bot has made a promising start on demo.

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Quoting Meister81

Disliked

Do you use default settings, Steve?

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Quote

Disliked

Sometimes it seems that SL is a little bit low. Sorry for my noob question: If I want to set SL a little bit higher I have to change Slatrmulitplier to 2 or 3, right?

Quoting Elovv

Disliked

Do You only use pending trades?

Elovv

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Quoting Punter

Disliked

Steve/Scoobs
In the latest 3 ema-rsi bot for H1, whats the period recommended to be used for RSI 2 or 3?

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