Steve Hopwood's Boris Schlossberg-inspired trading robots | Page 41 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Know Yourself, Know Your Setup, by Boris Schlossberg 9 replies

Mechanical day trading inspired by First Strike Plus 2 replies

Which movie has inspired you the most in your trading? 12 replies

New Webinar with Kathy Lien, Boris Schlossberg and Ken Calhoun 2 replies

Lien-Schlossberg book, Hayden:The RSI - any opinion? 1 reply

Attachments: Steve Hopwood's Boris Schlossberg-inspired trading robots
Exit Attachments

Steve Hopwood's Boris Schlossberg-inspired trading robots

  • #801
  • Edited 3:17pm Apr 14, 2010 2:59pm | Edited 3:17pm
Steve

I will test what happens if Robot close both lots at entry plus amount risked,can I do that? Full close at BE?

Regards
Elovv
  • #802
  • Apr 14, 2010 3:08pm Apr 14, 2010 3:08pm
Quoting Elovv
Steve

I will test what happens if Robot close both lots at entry plus amount risked,can I do that?

Regards
Elovv
Sorry. Don't know what you mean.

Just to let you all know, the latest of everything is in post 1. If you downloaded from there, you have the latest for sure.

  • #803
  • Apr 14, 2010 3:32pm Apr 14, 2010 3:32pm
Steve,

I'm trading on IamFX, and they name their pairs "EURUSDiam" for example.

In your estimation, could this be the reason I am not getting any trades on the multi-pair version? I had no trouble with the non-multi-pair version on a single chart.

Thanks,
Scott
Prices are never too high to begin buying or too low to begin selling.
  • #804
  • Apr 14, 2010 3:40pm Apr 14, 2010 3:40pm
Of course now that I think about it, I've got the 2MA MACD multi-pair running on another IamFX account, and it seems to be opening trades just fine. So assuming the two bots are constructed the same in that regard, that likely isn't my issue... sorry -- just thinking aloud here.

Scott

Quoting thehenryfam
Steve,

I'm trading on IamFX, and they name their pairs "EURUSDiam" for example.

In your estimation, could this be the reason I am not getting any trades on the multi-pair version? I had no trouble with the non-multi-pair version on a single chart.

Thanks,
Scott
Prices are never too high to begin buying or too low to begin selling.
  • #805
  • Apr 14, 2010 4:12pm Apr 14, 2010 4:12pm
Quoting thehenryfam
Of course now that I think about it, I've got the 2MA MACD multi-pair running on another IamFX account, and it seems to be opening trades just fine. So assuming the two bots are constructed the same in that regard, that likely isn't my issue... sorry -- just thinking aloud here.

Scott
I have a bot (Do The Right Thing CCI) that traded like a trollop on my coding machine, yet refused point blank to take out a single trade on my trading machine.

No idea why. Sorry, but I cannot help here.

Aint the combination of Microsoft/Apple, mql4, mt4, criminals and forex just wonderful?

  • #806
  • Apr 15, 2010 12:01am Apr 15, 2010 12:01am
FYI,
I've now configured the bot to take sells only in the morning, and buys only during the afternoon to take advantage of the BOJ idea of scoobs. JPY pairs only.

I'll let you know how that go's.

Cheers
  • #807
  • Edited 2:42am Apr 15, 2010 1:44am | Edited 2:42am
Sorry Steve, is an err in Asian ses. break multi? EA not move SL at BE. See pic. Can be this problem with 5digit?
(And thank you for your hard work).
Attached Image (click to enlarge)
Click to Enlarge Name: err asia.gif Size: 40 KB
  • #808
  • Apr 15, 2010 4:19am Apr 15, 2010 4:19am
I am being treated to a rare sight. Live IBFX account; 6 2ma macd trades open; all in profit.

I am not used to this.
  • #809
  • Apr 15, 2010 10:23am Apr 15, 2010 10:23am
Quoting SteveHopwood
I am being treated to a rare sight. Live IBFX account; 6 2ma macd trades open; all in profit.

I am not used to this.
Rare sights can be exciting! What timeframe are you using, Steve? What SL & TP method do you plan to use to close the trades?
  • #810
  • Apr 15, 2010 10:58am Apr 15, 2010 10:58am
Steve, The Asian Breakout,

Regardless of what I put in for the trailing stop, the screen displays
Trailing Stop pips = 0,

Also I see it doesn't move the SL.

Tks.
  • #811
  • Apr 15, 2010 4:48pm Apr 15, 2010 4:48pm
Quoting sundog
Steve, The Asian Breakout,

Regardless of what I put in for the trailing stop, the screen displays
Trailing Stop pips = 0,

Also I see it doesn't move the SL.

Tks.
I have not been able to replicate this fault. Whatever change I make to the tsp is reflected on screen.

As yours appears to be set to 0, then it will not move the stop as this is impossible.

Sorry. No idea what the problem is.

  • #812
  • Apr 15, 2010 5:45pm Apr 15, 2010 5:45pm
Just making sure you have all read this one: http://www.forexfactory.com/showthread.php?t=230640

I have already coded the robot. Have fun.

  • #813
  • Apr 15, 2010 7:11pm Apr 15, 2010 7:11pm
Quoting octomanoak
Rare sights can be exciting! What timeframe are you using, Steve? What SL & TP method do you plan to use to close the trades?
It did not last long, either. Everything soon resumed its normal position of drawdown.

Ok, slightly more seriously. I am using the defaults that I send with the robot - one of the joys of being the coder is that I can code my own settings.

Earlier in the week, I was using mptm to close all 2ma trades at a global profit target of 1%. Trouble was, after that individual trades would come and go at a loss that gradually eroded the profit.

What I am trying now is leaving the trades to run. This is a live IBFX account, so trading is the 'real world' even though the amounts involved are tiny.

  • #814
  • Apr 15, 2010 8:02pm Apr 15, 2010 8:02pm
Having said the above, it is now ridiculously back into profit again. I am going to resist the impulse to close everything down and leave events to happen. I shall go to bed.

Soon.

As soon as I can drag myself away from this blasted console.

Ether the trades will continue towards tp or they will not. If this little lot turns into eventual losers, then some more thought is needed.

We shall see.

  • #815
  • Apr 15, 2010 8:27pm Apr 15, 2010 8:27pm
Quoting SteveHopwood
I have not been able to replicate this fault. Whatever change I make to the tsp is reflected on screen.

As yours appears to be set to 0, then it will not move the stop as this is impossible.

Sorry. No idea what the problem is.

Thanks I went and tried it again, changed the numbers with different numbers, and it works. All is well.

Cheers
  • #816
  • Apr 15, 2010 9:11pm Apr 15, 2010 9:11pm
Quoting SteveHopwood
It did not last long, either. Everything soon resumed its normal position of drawdown.

Ok, slightly more seriously. I am using the defaults that I send with the robot - one of the joys of being the coder is that I can code my own settings...
Thanks Steve. I'm trying a number of things, though not as systematically as I should due to my moderate impatience.

I'm working with market vs. pending orders, default versus ATR SL/TP, 3 different timeframes and when I can free up some resources again, if need be, jumping stops. When I think I have a handle on what seems to work better from my tests, I'll report back.

I "sense" this bot has a lot of potential so I'm giving it disproportionate attention...not that I'm not testing other of your bots
  • #817
  • Apr 16, 2010 1:30am Apr 16, 2010 1:30am
I've not had time for much posting this had since my last lot that I posted last week but I thought I'd share what results I have had.

As I write this:

2 ma macd up +£30.59 Last Friday close it was up +£130 !! Not a good week
2 ma macd 4hr -£2.90 Both of these have been running for 1 month.

5min momo -£219 Full close Running for 1 month.

5min momo 15 min -£76.16 Default
5min momo 1hr -£56.25 Default. These 2 have been running for 2 weeks

10 a day +£0.64p

Asian -£78.52 Now turned off for over a week

DTRT -£111.30 Now turned off for over a week

TBL -£21.87 Now turned off for over a week

BoJ +£8.62 but doesn't seem to have traded for a few days

Just wondering if anyone else has got results with the bots that are better ?

The best potential seems to be with the 2ma macd if we can tweak it a bit, but I don't have enough knowledge as to how the market has changed so much this week and why it's affected the strategy so badly. Maybe a more knowlegable trader can come in with some observations ?
  • #818
  • Apr 16, 2010 5:03am Apr 16, 2010 5:03am
I must say MA MACD has a good potential, but somehow the EA fails when it comes to close the trades. It has 5 wins and 7 loss so far.

The 5 minute momo had a great start, but for some reason it is starting to lose all trades. It seems working better by night.

Both are running Live on Alpari. I'll let them run for another week and see how things are going.

Too bad the Original BOJ didn't open any trade this week. It was going fine and never lost a trade so far. A pity.

Many thanks to Steve's contribution.
  • #819
  • Apr 16, 2010 10:03am Apr 16, 2010 10:03am
I'm no expert trader, but with this bot, the most successful approach so far for me has been on H4 and D1 allowing the bot to open trades, but then manually closing many of them.

The problem I think I'm seeing with the bot is that it enters trades when the market is ranging, not only when it is trending. So I manually close trades that appear they are within a ranging period, unless I have a good idea which direction they are likely to break and if that is in the direction the bot took on the trade. Many of the trades the bot takes in a ranging period turn to losers.
  • #820
  • Apr 16, 2010 10:16am Apr 16, 2010 10:16am
Appears to be the classic challenge;

2 modes of operation are needed to best navigate varying market conditions.

1) One "ranging" group of setting is used when EA logic senses a non-trending market.

2) Another "trending" group of setting is used when EA logic senses a trending market.

3) The mechanism for sensing trending vs. non-trending conditions

Any other thoughts on this ?

Quoting octomanoak
I'm no expert trader, but with this bot, the most successful approach so far for me has been on H4 and D1 allowing the bot to open trades, but then manually closing many of them.

The problem I think I'm seeing with the bot is that it enters trades when the market is ranging, not only when it is trending....
0 traders viewing now