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

  • #861
  • Apr 22, 2010 8:56pm Apr 22, 2010 8:56pm
Hi guys, especially Steve (who I cannot pm because I am new to this forum)

please let me introduce to here, I have no experience with ea programming and want to get familiar to it the quickest way. Since 2 years we are running our own shop after having spent more than 15 years in investmentbanking, especially FX Options trading, structuring etc. and focusing on that. My strong believe is that ea impact on the market will further rise and therefore want to get involved. My added value to this forum would be that we somehow could build a tool which does not only combine technical and momentum analysis but as well informations from the option markets. i don't know how this will be feasable but we will find out. I want to confirm that I am not affiliated with any major investment bank any more and will not use any info from you in a way which goes against the principles of this community here.

Hope to hear back from you guys soon
  • #862
  • Apr 22, 2010 9:39pm Apr 22, 2010 9:39pm
Thanks Steve for you great work.

I just test the BS 2MA and MACD EA in 15 TF. I set Jumping stop function True. and it show the follow error every 2-5 seconds:

GBPJPY sell trade. Jumping stop function failed to set SL at breakeven, with error(130): invalid stops

Could you or anybody help me, Thanks a lot.
  • #863
  • Apr 22, 2010 10:21pm Apr 22, 2010 10:21pm
Quoting sundog
No still on the 1hr TF with the BOJ idea I had posted last week. It is very slow trading, but its in the green atm.
Somehow I missed that post. I went back to look at it. Clever idea!

How much in the green is it making?

I wonder if that approach would be successful with the 2MA-MACD bot as well. When I free up a little PC space, I may try that out.
  • #864
  • Apr 22, 2010 10:24pm Apr 22, 2010 10:24pm
Quoting hotsun
Thanks Steve for you great work.

I just test the BS 2MA and MACD EA in 15 TF. I set Jumping stop function True. and it show the follow error every 2-5 seconds:

GBPJPY sell trade. Jumping stop function failed to set SL at breakeven, with error(130): invalid stops

Could you or anybody help me, Thanks a lot.
I'm guessing you get that error because the bot tries to set your breakeven SL closer to the current market price than your broker allows. As price moves further in the direction of the trade entry, does the bot successfully set the breakeven SL, even though you get the error message? You may also need to check what your settings are for the breakeven SL. It may be set at the wrong pip value.
  • #865
  • Apr 22, 2010 10:27pm Apr 22, 2010 10:27pm
Quoting Haishang
Hi guys, especially Steve (who I cannot pm because I am new to this forum)

please let me introduce to here, I have no experience...
Welcome. Sounds like with your background you will be equipped to make good strategic contributions.
  • #866
  • Apr 22, 2010 10:45pm Apr 22, 2010 10:45pm
Thanks octomanoak for the welcome,

since yesterday I am running on the alpari demo MTN with the MA eas for EURUSD 5M, GBPJPY M15, EURJPY M15 and USDJPY 15M. the backwardation testing seems to be reasonable fine but not convinced about the settings which I have to adapt to. Idealy I want to start with various flat and trend market models and then modify according to the smile vol from options markets. No clue what it brings but my feeling tells me that this is the missing point at many trading desks. Don't want to pester you with my first learning steps from ea...but maybe need to when frustration is too big if I cannot get it.....happy trading!!
  • #867
  • Apr 23, 2010 2:58am Apr 23, 2010 2:58am
Quoting octomanoak
Somehow I missed that post. I went back to look at it. Clever idea!

How much in the green is it making?

I wonder if that approach would be successful with the 2MA-MACD bot as well. When I free up a little PC space, I may try that out.
Well this week is the first full week, and I only trade the candle, so it made 4 trades of which it won 3 lost 1 for a tremendous 17 pips. So not exactly a money spinner, I will see how it develops and maybe tweak a bit more.

Overall my live account thanks mostly to the MACD 4hr is up 4.8% for the week, so I've shut down the account for the week end, and look forward to next week.
  • #868
  • Apr 23, 2010 3:46am Apr 23, 2010 3:46am
I am about to put this in the post 1 zip as well. I put it here for convenience.

I have added a new input: MacdLookBackBars tells the robot how far back to look at macd.

I was copying some of the code for use in another robot when I stumbled across a normalization error in the order sending function that will cause a faulty take profit calculation - not badly so but still faulty, so I highly recommend a redownload even if you do not want the bars feature.

Attached File(s)
File Type: mq4 Steve Hopwood's BS 2 Moving Average and MACD combo multi_pair.mq4   46 KB | 348 downloads
  • #869
  • Apr 23, 2010 5:59am Apr 23, 2010 5:59am
I have been testing the check trend function this week and up until yesterday had some good results. I will be trying different combinations of ATR multiple for both loss and profit hopefully with the aim of reducing losses and taking reasonable profit. As previously posted I am conscious that the bigger the profit target the longer I am in the market the more time more trade is exposed to news and other events which can suddnely send it the wrong way again. I will post results next week
  • #870
  • Apr 24, 2010 9:09am Apr 24, 2010 9:09am
Hi Steve,
Combo bot update was excellent.....Storms and heavy rain here so I have time to look at the charts.......10 a day still has not taken a long trade. It is up to 32 in a row short trades. I'm going to ride it out and see where it go's...........Have a Great weekend.

whip
  • #871
  • Apr 24, 2010 9:31am Apr 24, 2010 9:31am
Quoting hiredwhip
Hi Steve,
Combo bot update was excellent.....Storms and heavy rain here so I have time to look at the charts.......10 a day still has not taken a long trade. It is up to 32 in a row short trades. I'm going to ride it out and see where it go's...........Have a Great weekend.

whip
I checked the code and cannot see anything to stop the bot from trading long.

I have started a new thread at http://www.forexfactory.com/showthre...94#post3667894

  • #872
  • Apr 24, 2010 9:53am Apr 24, 2010 9:53am
Quoting SteveHopwood
I checked the code and cannot see anything to stop the bot from trading long.

I have started a new thread at http://www.forexfactory.com/showthre...94#post3667894

Thankz Steve,
I'm in the process of reloading everything on a fresh copy of mt4. I think the problem may be the operator just not being sharp enough in "botolgy". I'll let you know how it goes.........Thankz for the thread link, been reading you since Ash and will continue to help any way I can.......Have a great weekend.....

whip
  • #873
  • Apr 24, 2010 11:53am Apr 24, 2010 11:53am
Hello again. It's the end of the week again and I've got some results, which have been gathered over a few weeks now.

2 MaMacd Combo on 1 hr T/F. Mainly default. Tried a few changes with little impact. 16/3/10 to 23/4/10 = -93.46


2 MaMacd Combo on 4 hr T/F. Default. 12/4/10 to 23/4/10 = +25.20

5 minmomo combo on 5min T/F. Used full close at BE+10 for most of this time.
16/3/10 to 23/4/10 = -102.98

5 minmomo combo on 15min T/F. Default settings. 12/4/10 to 23/4/10 = -95.11

5 minmomo combo on 1 hr T/F. Default settings. 12/4/10 to 23/4/10 = -230.61

Asian BO Default. 21/3/10 to 23/4/10. = -128.70

10 a day Default. 29/3/10 to 23/4/10. = -1.30

I am looking forward to trying the latest 2 ma macd with the bar look up option as checking through the charts, most of the losers are trades taken too late rather than too soon.

A bit more risk is probably incurred but we shall see. Depending on how we see the markets moving, we can decide to change the speed we enter at, which on the 1 hr T/F could be critical.

Just for my own observations I dropped a 5 and 10 SMA on the charts and noted that the 5 10 crossover tended to line up well with the MACD crosses and even though this will happen without crossing the the 50 100 MA they look like good entry points. Really I'm just thinking aloud as to whether a refinement of the BS strategy could be used, i.e bring the 5 and 10 Ma cross into the fray linked to the MACD of course, but not relying entirely on the 50 100 MA cross, i.e. Price stays below/above the 50 ma by X number of pips and the faster MA's show a trade with MACD take it. I definitely think speed of entry could make a big difference to the profit on this bot and with the max S/L you can determine your own risk.

Ah well that's my musing for a while. Anyone with a months results or any other ideas out there?

By the way I fired up the MaMacd with atr on 1 hr charts for a fortnight but 95% of the trades were losers so disabled it. Anyone with comments on this one ?

Looking forward to next week
  • #874
  • Apr 24, 2010 12:44pm Apr 24, 2010 12:44pm
Quoting Rascacio
Hello again. It's the end of the week again and I've got some results, which have been gathered over a few weeks now.

2 MaMacd Combo on 1 hr T/F. Mainly default. Tried a few changes with little impact....
Hi Rascacio,
I'm in a battle royal with my 10 a day bot and if you have the time I'd like a little help please. Could you give me the dates and times of any long trades your bot took this last week? This is only if you have a little extra time........Thankz

whip

I'm trying to prove that I have an operator problem!!!
  • #875
  • Apr 24, 2010 1:36pm Apr 24, 2010 1:36pm
Quoting hiredwhip
Hi Rascacio,
I'm in a battle royal with my 10 a day bot and if you have the time I'd like a little help please. Could you give me the dates and times of any long trades your bot took this last week? This is only if you have a little extra time........Thankz

whip

I'm trying to prove that I have an operator problem!!!
Well, upon investigation it didn't take any long trades at all last week. I hadn't noticed until now as I have just left it to it's own devices !!!!

I'll check back a bit further when I have more time.
  • #876
  • Apr 24, 2010 1:42pm Apr 24, 2010 1:42pm
Quoting Rascacio
Well, upon investigation it didn't take any long trades at all last week. I hadn't noticed until now as I have just left it to it's own devices !!!!

I'll check back a bit further when I have more time.
Thankz Rascacio,

It may have just been the market. I'm not going to hit the panic button for another week. Thankz again for your help......Have a Great weekend.....

whip
  • #877
  • Apr 24, 2010 4:15pm Apr 24, 2010 4:15pm
Thanks guys for looking into this. I cannot see anything wrong in the code, but that does not mean there is nothing wrong. If your investigations prove me wrong, then I will look again.

Cheers

  • #878
  • Apr 24, 2010 4:40pm Apr 24, 2010 4:40pm
Quoting SteveHopwood
Thanks guys for looking into this. I cannot see anything wrong in the code, but that does not mean there is nothing wrong. If your investigations prove me wrong, then I will look again.

Cheers

Steve,
I just finished a complete redo of bot, new mt4 and a fresh account so I'll have something for "Show and Tell" at the end of the week. One thing, with that bunch of Russians I'm using this bot will trade a bit........Have a Great Weekend.....

whip
  • #879
  • Edited Apr 27, 2010 6:10am Apr 26, 2010 7:02am | Edited Apr 27, 2010 6:10am
Quoting SwingMan
Hello Steve,

I tested the SM/MACD EA and because I don't get any trades from january until today, I checked the code.

I think it gives a big bug, because you used for MACD crosses the MODE_MAIN value. I know that is a normal error on using the MACD, and therefore have the first review.
You must only substract (MODE_MAIN - MODE_SIGNAL) and you get the right value for the EA.
[code]PrevMacdVal = iMACD(NULL, 0, 12, 26, 9, PRICE_CLOSE, MODE_MAIN, cc) -...
I am sorry if this is a stupid question, the MT4's iMACD MODE_SIGNAL is based on SMA rite? I assume so since the indicator's Parameter has the label: MACD SMA: 9

... but from articles i read regarding MACD, they state that the Signal Line should be EMA.

Kinda confused.

Hope someone can shed some light.

Thanks!
  • #880
  • Apr 27, 2010 5:14am Apr 27, 2010 5:14am
Steve,

Pardon me if i have overlooked but this is what i experienced today and yesterday in my live account:

The EA allows for re-entry after first trade. If i have understood the setup rules for this EA, there should be no re-entry. Even if there is, it should be around the range high or low, not somewhere else.

Any idea?

Cheers.
福 子 Victor V
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