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Steve Hopwood's Boris Schlossberg-inspired trading robots

  • #441
  • Mar 16, 2010 6:21pm Mar 16, 2010 6:21pm
The first thing I have to do is start adapting one of the existing multi-pair robots.

In doing so, I noticed a silly mistake in the attached, when applied to 4 digit criminals. I have set it to divide the pending order close minutes by 10, not the pending order pips distance.

If you ever think the bot might be of use to you on a 4 digit account, then you need this update.

Attached File(s)
File Type: mq4 Steve Hopwood's BS 2 Moving Average and MACD combo multi_pair.mq4   41 KB | 178 downloads
  • #442
  • Mar 16, 2010 6:41pm Mar 16, 2010 6:41pm
Quoting SteveHopwood
The first thing I have to do is start adapting one of the existing multi-pair robots.

In doing so, I noticed a silly mistake in the attached, when applied to 4 digit criminals. I have set it to divide the pending order close minutes by 10, not the pending order pips distance.

If you ever think the bot might be of use to you on a 4 digit account, then you need this update.

Thanks Steve
I will use that!!.......Was just skimming the pdf astrall was talking about and it brought back alot of memories. That system used to be called The Big Ben or the London Drop. It has been around for a long while. I used to stay up late at night to put in two trades on a Cable chart and then go to bed and see what happened in the morning.
Start at the Frankfort open, across the London open and watch it head for the basement......pin money and a lot of fun....

whip

P.S. I just went digging around in my files and came up with a Currency Trader article dated Sept 2004 on the Big Ben Strategy. I'd been trading it a couple of years when I read this.
  • #443
  • Mar 16, 2010 6:55pm Mar 16, 2010 6:55pm
Quoting hiredwhip
Thanks Steve
I will use that!!.......Was just skimming the pdf astrall was talking about and it brought back alot of memories. That system used to be called The Big Ben or the London Drop. It has been around for a long while. I used to stay up late at night to put in two trades on a Cable chart and then go to bed and see what happened in the morning.
Start at the Frankfort open, across the London open and watch it head for the basement......pin money and a lot of fun....

whip

P.S. I just went digging around in my files and came up with a Currency...
Sometimes the old uns are the best uns. This predates my forex experience, so I guess trading robots were not so developed in those days.

We can try again with this one here.

All I have to do is work out how to tell the robot to calculate the Asian hi-lo at 7.00 pm gmt, then not again for 24 hours. I feel a logic fuzz coming on here.
  • #444
  • Mar 16, 2010 7:00pm Mar 16, 2010 7:00pm
Quoting SteveHopwood
Sometimes the old uns are the best uns. This predates my forex experience, so I guess trading robots were not so developed in those days.

We can try again with this one here.

All I have to do is work out how to tell the robot to calculate the Asian hi-lo at 7.00 pm gmt, then not again for 24 hours. I feel a logic fuzz coming on here.
It was a jam up money maker until the big banks started cutting into it. I keep an eye on it and hit every once in a while ,usually on Wed night now. It used to be 4 out of 5 days a week....

whip
  • #445
  • Mar 16, 2010 7:22pm Mar 16, 2010 7:22pm
Quoting hiredwhip
It was a jam up money maker until the big banks started cutting into it. I keep an eye on it and hit every once in a while ,usually on Wed night now. It used to be 4 out of 5 days a week....

whip
Hi Steve,
Amazing...... this is the exact article........
Attached File(s)
File Type: pdf BB_Strategy.pdf   597 KB | 367 downloads
  • #446
  • Mar 16, 2010 7:25pm Mar 16, 2010 7:25pm
Quoting hiredwhip
P.S. I just went digging around in my files and came up with a Currency Trader article dated Sept 2004 on the Big Ben Strategy. I'd been trading it a couple of years when I read this.
Hehe. Given the speed with which newbies discover forex, lose all their money and their heart and leave never to return, you must be one of the older contributors, in terms of experience.

That must make you a Grizzled Ole Timer.
  • #447
  • Mar 16, 2010 7:30pm Mar 16, 2010 7:30pm
Quoting hiredwhip
Hi Steve,
Amazing...... this is the exact article........
Fascinating. Nothing new under the sun etc. All BS has done is extend the idea posited in the article. Nice.

You coming up with the article now also shows the value of this saying: never throw anything away.

You wouldn't believe the links I keep to FF threads, just in case.

  • #448
  • Mar 16, 2010 7:33pm Mar 16, 2010 7:33pm
Quoting SteveHopwood
Hehe. Given the speed with which newbies discover forex, lose all their money and their heart and leave never to return, you must be one of the older contributors, in terms of experience.

That must make you a Grizzled Ole Timer.
It was then and still is alot of fun! These bots are just another chapter......A real high number on the fun meter......Change the "Timer" to "Chickenrancher" and that just about describes it all.......

whip
  • #449
  • Mar 17, 2010 1:58am Mar 17, 2010 1:58am
As a west coast trader all i trade at the moment due to my new work commitments is the Asian breakout. Just set got to bed. I wake up to pee of course and delete the opposite side order that was not filled but thats about it. I only take 10 pips but its been great for now.
I'm looking forward to what Steve comes up with.
  • #450
  • Mar 17, 2010 4:03am Mar 17, 2010 4:03am
Hello,
You could have a look at the different EAs in this thread:http://www.forexfactory.com/showthre...=155239Regards,
Ludo
Quoting hiredwhip
It was a jam up money maker until the big banks started cutting into it. I keep an eye on it and hit every once in a while ,usually on Wed night now. It used to be 4 out of 5 days a week....

whip
  • #451
  • Mar 17, 2010 4:08am Mar 17, 2010 4:08am
On demo so far, 5mm multi-pair has taken 22 trades, 17 winners. Up 74 pips but down in cash because the 5 losers hit sl and comfortably wiped out the benefit of the winners.

  • #452
  • Mar 17, 2010 4:31am Mar 17, 2010 4:31am
Just an update. Since Monday this EA has shown amazing results, apart from the error messages I posted about earlier, which I have been ignoring.

It's taken approx 540 pips so far closing half lots and with the other half still running at about 350 pips as I write.

The error alert seems to stop after 1 hour so no big deal but I was wondering if whilst it was continually reporting error number blah blah would it affect the EA in terms of clogging up so that it couldn't move JSL or take profit when it should.

This is just a thought which one of you more experienced users may be able to think about if not done so already.

Many thanks to all of you and especially Steve, your brain is on a different plane. I can honestly say I am enjoying playing around with your EA's which I have never done before due to the fact they were never consistent or they lost momentum in development and petered out hopelessly.

Many thanks
  • #453
  • Mar 17, 2010 4:48am Mar 17, 2010 4:48am
Quoting Rascacio
Many thanks to all of you and especially Steve, your brain is on a different plane. I can honestly say I am enjoying playing around with your EA's which I have never done before due to the fact they were never consistent or they lost momentum in development and petered out hopelessly.

Many thanks
You are welcome. I have come to regard all this as part of my work, which is why I am so consistent. Ok, the hours are ridiculous and the pay is lousy, but it will not always be so. We are starting to get profitable robots coming on stream, so the future is looking bright.

Re the error thingy, make sure you have the latest version, attached. This tells the robot to ignore 'invalid stops' errors and not report them. It is still trying to send the trades, but at least you will not know about them.

Another day or so and I will regard the multi-pair version as finished and ready to go in the post 1 zip so everybody can find it easily.

Mine is doing well on demo also. Looking good.

Attached File(s)
File Type: mq4 Steve Hopwood's BS 2 Moving Average and MACD combo multi_pair.mq4   41 KB | 214 downloads
  • #454
  • Mar 17, 2010 5:19am Mar 17, 2010 5:19am
well I stopped because I didn't have enough available computing power. With the Multi pair I couldn't resist to put 2 EA's on, 1hr and the other 4 hrs.

Since they went up, Monday? the 1 hour has 8 wins, 1 loss, comfortable profit. The 4 hour has 3 wins and 1 loss, also comfortable profit.

I'll keep the testing going.

Regards
  • #455
  • Mar 17, 2010 8:24am Mar 17, 2010 8:24am
Here is the first draft.

Input times are expressed in your computer's local time; defaults are my own. In these terms here is the intended sequence of events:

 

  1. 7.00 am: robot wakes up, gets the hi-lo for the Asian session and stores these in Global Variable - press the F3 key to see them.
  2. From 7.00 am until 4.00 pm, it monitors the markets for a breakout of >= Breakout_Pips. When this occurs, it sends the appropriate trade. Stop loss is StopLossPips, defaulting to 20(0) as specified by BS.

    1. At open price +- HalfClosePips, closes half the trade and moves the stop to breakeven, then trails by TrailingStopPips, all defaulting by BS recommendations.

  3. At 4.00 pm, the robot continues to manage any open trades but does not look for fresh trading opportunities.
  4. At 10.00 pm, the robot deletes the Global Variables set in stage 1 and dozes peacefully until the following day.

There are the usual range of options.

To trade this properly, wait until the Asian session opens today. To play immediately, merely adjust the input times. Remeber the robot looks at the previous 9 hours, so these will not represent the actual previous Asian session.

Logic fuzz alert:I had one of these over getting the hi-lo of the Asian session. At the start of the next European session, would one of you more logical people please check that I have calculated the correct levels.

As usual, there are bound to be a few bugs, so this bot is not for live use yet.

Have fun.

________________________________________________________

In the meantime, 2ma macd and 5mm are going great guns on the coding demo - lots of lovely positive upl. Nice.

Attached File(s)
File Type: mq4 Steve Hopwood's BS Aisain session breakout multi-pair.mq4   42 KB | 212 downloads
  • #456
  • Mar 17, 2010 9:45am Mar 17, 2010 9:45am
It's me once again. Can anyone tell me how the S/L is set for the multi pairs. I've got some trades i.e EURAUD Buy at 1.50064 S/L 1.36605 ? It's a bit of a bigun. Similarly USDJPY Buy 90.629 S/L 1.366 ?? Is the robot using the EURUSD price in some way ? (It's loaded on this pair )

Maybe you are using the MPTM to manage the trades or are you modifying the stops manually ?

Other than that things are still going great, up £68 on a £5000 demo this week using 0.2 lots !! However the stops at present if left unattended could wipe that out.

Any pointers much appreciated as always.
  • #457
  • Mar 17, 2010 10:13am Mar 17, 2010 10:13am
Quoting Rascacio
It's me once again. Can anyone tell me how the S/L is set for the multi pairs. I've got some trades i.e EURAUD Buy at 1.50064 S/L 1.36605 ? It's a bit of a bigun. Similarly USDJPY Buy 90.629 S/L 1.366 ?? Is the robot using the EURUSD price in some way ? (It's loaded on this pair )

Maybe you are using the MPTM to manage the trades or are you modifying the stops manually ?

Other than that things are still going great, up £68 on a £5000 demo this week using 0.2 lots !!...
It is all in the relevant strategy pdf in post 1. The multi-pair works exactly the same way apart from being a multi-pair trader.

  • #458
  • Mar 17, 2010 12:24pm Mar 17, 2010 12:24pm
I've read the PDF several times and understand the strategy (I think ) but this seems to work only when the trade moves in the right direction.

If the trade goes against you there is no real S/L set as, for example the USDJPY 0.02 buy at 90.629 S/L 1.366 which is obviously not a relevent stop. So at present this trade is way below the 50MA there is no effective stop as such.

When the trade is in favour it certainly closes half and sets a visible stop and then the JSL can kick in if it keeps going in the right direction.

Can somebody else verify the S/L issue I'm describing. I have one closed loss in particular that goes like this. 16/03/2010. 13.37. Buy 0.02 EURAUD at 1.50064 and S/L 1.36605. Loss of £14.93. It has obviously not reached this stop but was closed at 1.48828 . That's 123 pips-where was this figure produced from ?

Maybe I'm missing something glaringly obvious to everyone else, but I can't figure out the stops that are being set when the initial order is placed and I can only apologise in advance if that is the case.
  • #459
  • Mar 17, 2010 2:12pm Mar 17, 2010 2:12pm
Dear Mr Hopwood.

You spend so much time coding ea's. I would just like to say thanks for helping FF community. Your efforts are appreciated.

Regards

Logical

PS please forgive me for overstepping the line with you a few months ago.
  • #460
  • Mar 17, 2010 2:32pm Mar 17, 2010 2:32pm
Quoting Rascacio
It's me once again. Can anyone tell me how the S/L is set for the multi pairs. I've got some trades i.e EURAUD Buy at 1.50064 S/L 1.36605 ? It's a bit of a bigun. Similarly USDJPY Buy 90.629 S/L 1.366 ?? Is the robot using the EURUSD price in some way ? (It's loaded on this pair )

Maybe you are using the MPTM to manage the trades or are you modifying the stops manually ?

Other than that things are still going great, up £68 on a £5000 demo this week using 0.2 lots !!...
Rascacio / Steve,
I've noticed a similar problem with invalid stop losses being calculated. I've had a quick look through the code and I think the problem is with the 'SetStopLoss' function. The array 'Low[]' holds the lowest prices for each bar of the current chart frame, the one the EA is loaded on to, and not the lowest prices of the symbol passed in to the function.
I hope this makes sense.

PeeJay

P.S. I hope you get this message in a timely manner, as I'm still under the moderators control.
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