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scooby-doo BOJ JPY pairs trading robot

  • #8,121
  • Apr 10, 2010 1:58pm Apr 10, 2010 1:58pm
Quoting dryclean
will this counter the oil problem going on right now with the yen
In theory but we will find out.

Scoobs
  • #8,122
  • Apr 10, 2010 3:39pm Apr 10, 2010 3:39pm
Good I'm sick of BOHICA
Attached Image
  • #8,123
  • Apr 11, 2010 2:27pm Apr 11, 2010 2:27pm
Scoobs ,
There is some ''acceptable'' oil price that does not affect much the Japanese economy?
  • #8,124
  • Apr 11, 2010 3:54pm Apr 11, 2010 3:54pm
Quoting bruunoalves
Scoobs ,
There is some ''acceptable'' oil price that does not affect much the Japanese economy?
There is a daily acceptable range set by the BOJ etc but I dont know exactly what it is in percentage terms.

Scoobs.
  • #8,125
  • Apr 11, 2010 5:37pm Apr 11, 2010 5:37pm
Last night, scoobs emailed me with a trading idea that I simply could not resist coding into a robot; a bit experimental yet, so only use it on demo.

Details of 'Scooby-doo Hedge The Crap Out of the Bastards' is in post 1.

Have fun, if you can use the robot at all. If not, then you are familiar with my opinion of those US criminal pillocks. GET ANOTHER CRIMINAL TO TRY TO ROB YOU OF YOUR CASH.

  • #8,126
  • Apr 12, 2010 3:16am Apr 12, 2010 3:16am
This one is the parter to the history tab analysis. It will be in the robot's zip as well, next time I update anything.

The ea updates the display every 10 ticks, so it is not always a complete reflection of what is going on, but still excellent if you have a number of robots running on the same demo. Updating every tick causes a flicker that was driving me nuts.

Attached File(s)
File Type: mq4 Magic Number Open Trade Analysis.mq4   11 KB | 333 downloads
  • #8,127
  • Apr 12, 2010 4:00am Apr 12, 2010 4:00am
A few bugs emerged in CTHB. Fix in post 1.

If you want to force the robot to send some trades immediately, make one of the trading hours the current one.

  • #8,128
  • Apr 12, 2010 4:57am Apr 12, 2010 4:57am
Quoting SteveHopwood
Last night, scoobs emailed me with a trading idea that I simply could not resist coding into a robot; a bit experimental yet, so only use it on demo.

Details of 'Scooby-doo Hedge The Crap Out of the Bastards' is in post 1.

Have fun, if you can use the robot at all. If not, then you are familiar with my opinion of those US criminal pillocks. GET ANOTHER CRIMINAL TO TRY TO ROB YOU OF YOUR CASH.

Steve

It needs to place the BUY and SELL at the same price.

Scoobs.
  • #8,129
  • Apr 12, 2010 5:14am Apr 12, 2010 5:14am
Quoting scooby-doo
Steve

It needs to place the BUY and SELL at the same price.

Scoobs.
I adapted the idea a bit.

  • #8,130
  • Apr 12, 2010 5:24am Apr 12, 2010 5:24am
Quoting SteveHopwood
I adapted the idea a bit.

Then I dont think it gonna work.

Scoobs.
  • #8,131
  • Apr 12, 2010 5:49am Apr 12, 2010 5:49am
Quoting scooby-doo
Then I dont think it gonna work.

Scoobs.
If it doesn't, I will re-adapt it.
  • #8,132
  • Apr 12, 2010 4:57pm Apr 12, 2010 4:57pm
Squished a few bugs in HCOB. Post 1.

  • #8,133
  • Edited 4:06am Apr 13, 2010 3:22am | Edited 4:06am
I am counting today as the first full day of trading with the bugs removed.

This is a promising start. So far, 7 closed trades, with 6 winners. +197 pips.

It could simply be that I have been lucky that so many of the trades hit tp without a retrace that filled the opposite direction pending. We shall see.

I have got 3 hedged pairs open, so I am waiting to see how long it takes them to close.

  • #8,134
  • Apr 13, 2010 10:04am Apr 13, 2010 10:04am
Quoting SteveHopwood
I am counting today as the first full day of trading with the bugs removed.
Hey Steve,

I put it up as soon as you posted it here. Results look promising indeed:

14 Trades - 14 wins/0 Losses
193 pips, $40.47 profit

However, its currently floating about $85 loss.. Lets see how it plays out in the days/weeks to come.
  • #8,135
  • Apr 13, 2010 10:14am Apr 13, 2010 10:14am
Quoting doc816
Hey Steve,

I put it up as soon as you posted it here. Results look promising indeed:

14 Trades - 14 wins/0 Losses
193 pips, $40.47 profit

However, its currently floating about $85 loss.. Lets see how it plays out in the days/weeks to come.
If it was done how I suggested then you wouldnt be sitting on the floating $85 loss.

But, hey, who cares.

Scoobs
  • #8,136
  • Apr 13, 2010 10:43am Apr 13, 2010 10:43am
Quoting zznbrm
So, what exactly are your suggested requirements?
You need to set the pending BUY and SELL orders at the same price.

Now, this may not be possible in retail forex.

Scoobs.
  • #8,137
  • Apr 13, 2010 4:02pm Apr 13, 2010 4:02pm
Why is this IMPOSSIBLE? it seems doable on any broker, if not to setting up pending orders at open time at open price.

on the other hand, this kind of strategy seems 99% unprofitable due to retail FX's spread. In ideal condition(no thread), it is definitely profitable. imho, it is a similar story of the AI.mq4.

Some nice brokers offer 1-pip spread for eurusd, that may be a solution.

Quoting scooby-doo
You need to set the pending BUY and SELL orders at the same price.

Now, this may not be possible in retail forex.

Scoobs.
  • #8,138
  • Apr 13, 2010 4:02pm Apr 13, 2010 4:02pm
I think there are still bugs in HTCB. My demo was left with the occasional 'orphan' live trade with no hedging pending waiting to mop up a move against it.

This could have happened because both pendings ultimately filled, one hit its tp and closed, then a bug left the partner open. Frankly, I am not sure and will monitor this over the next few days.

The next xxxJPY trading period comes up for me in just over an hour, so I have closed all existing trades in anticipation. This leaves the result: 17 trades; 12 wins; +173 pips.

Good start. We shall see what happens next.

  • #8,139
  • Apr 13, 2010 4:09pm Apr 13, 2010 4:09pm
Quoting charvo
Why is this IMPOSSIBLE? it seems doable on any broker, if not to setting up pending orders at open time at open price.

on the other hand, this kind of strategy seems 99% unprofitable due to retail FX's spread. In ideal condition(no thread), it is definitely profitable. imho, it is a similar story of the AI.mq4.

Some nice brokers offer 1-pip spread for eurusd, that may be a solution.
You will have lots of small loses due to the spread etc.

But when a big breakout occurs then the profits will by far outway your loses.

Ofcourse you will need to be very quick in closing the losing trade and moving the stop on the profitable one to get your overall position to zero (minus spread)

Scoobs.
  • #8,140
  • Apr 13, 2010 4:14pm Apr 13, 2010 4:14pm
Quoting charvo
Why is this IMPOSSIBLE? it seems doable on any broker, if not to setting up pending orders at open time at open price.

on the other hand, this kind of strategy seems 99% unprofitable due to retail FX's spread. In ideal condition(no thread), it is definitely profitable.

imho, it is a similar story of the AI.mq4. Some nice brokers offer 1-pip spread for eurusd, that may be a solution.
It is impossible if your criminal does not accept 'hedged' trades i.e. any of those US National F-u-c-k-e-r-s Association affiliated crims.

I posted scoobs email to me quite clearly in post 1, and it really pisses me off when I tell people that details of such-and-such is available in post 1 and they cannot be arsed to read it. If people cannot even be bothered to read the posts placed by the op, then what are they doing here?

For the benefit of those unable to find post 1, here is what scoobs emailed to me. Again.
"You ever tried this example in retail forex.

1-Daily open price 210.00
2-Buy stop & sell stop at 210.00
3-Prices goes up 30pips @ 210.30 (cut-off signal)
4-exit off the sell trade at 210.30 and shift the stop loss on the buy trade at close of sell trade @ 210.30

Scoobs"

Seems pretty simple and basic to understand to me. Anybody with a problem understanding it better go to BabyPips and spend a few years in the nursery.

So, what I thought was this: instead of taking out immediate orders, send a couple of pendings 15 pips away from market - 1 long, 1 short. One of them will eventually fill; if it then continues on its merry way, it will hit tp and the hedge will be unnecessary.

If the pending fills and then retraces to fill the opposite direction trade, then eventually one of them will close at tp. Then the losing trade will also be closed - total loss 30 pips.

It remains to be seen whether this will be successful long-term. If not, then I will re-code the robot with scoobs' original idea.

Will people please read stuff I tell them is available in post 1. Otherwise I will stop posting.
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