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Attachments: Steve Hopwood's Epsilon Megastar fib auto-trading robot
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Steve Hopwood's Epsilon Megastar fib auto-trading robot

  • #81
  • May 14, 2010 7:16am May 14, 2010 7:16am
I installed V1 on an Alpari demo account. I also gave it a go on a trade simulator, as I like to see how trades are handled. Sometimes it is as if the zigzag limit of 40 pips seems rather low: these zz happen in ranging markets, with wrong trades as a result. So i took the liberty of diving into the code and change the ZZ variables from 12,5,3 to 18,5,3. That seems to "lenghten" the ZZ and smooth out the smaller ones. You can have a look at the bot on my Alpari(UK)account, Login:1747945 and password: j5sfccm. So far, all trades are in the + zone, one also scaled in. Quite anxious to see how exits are handled. I will setup a second demo in the weekend and run V2 on it, and publish login/pw asap
Best regards,
Ludo Willems
  • #82
  • May 14, 2010 7:45am May 14, 2010 7:45am
Here is the latest V2 - I had a few minutes to code.

The template adds a 50 level to the fib.

From the version updates at the start of the code
V2: The robot takes trades on its way through the post-corrective trend-return phase i.e.
Sells at below the 50, 38.2, 25, 0
Buys above the 50, 61.8, 75, 100
Added the manual trend setting code
Added the ZigZag user inputs

Got to go now. Have fun with this

Attached File(s)
File Type: mq4 Epsilon Megastar V2.mq4   35 KB | 393 downloads
File Type: tpl epsilon megastar v2.tpl   4 KB | 338 downloads
  • #83
  • May 14, 2010 8:53am May 14, 2010 8:53am
Feedback;

1) Using FXDD demo performance is very good M5 and 4 pairs recommended with MPTM keeping profits locked in.

2) Using FXDD live I'm getting error (131): invalid trade volume for all pairs when an entry is triggered. (both FXDD live accounts) Lot size is 0.02 FYI

Have good weekend Steve!


Quoting SteveHopwood
Here is the latest V2 - I had a few minutes to code.

The template adds a 50 level to the fib.

From the version updates at the start of the code
V2: The robot takes trades on its way through the post-corrective trend-return phase i.e.
Sells at below the 50, 38.2, 25, 0
Buys above the 50, 61.8, 75, 100
Added the manual trend setting code
Added the ZigZag user inputs

Got to go now. Have fun with this

  • #84
  • May 14, 2010 9:25am May 14, 2010 9:25am
Quoting getdown71
Feedback;

1) Using FXDD demo performance is very good M5 and 4 pairs recommended with MPTM keeping profits locked in.

2) Using FXDD live I'm getting error (131): invalid trade volume for all pairs when an entry is triggered. (both FXDD live accounts) Lot size is 0.02 FYI

Have good weekend Steve!
getdown71,

On your FXDD live account, do you have the bot set for scale-in=true? if so, you may need to put the lots to 0.04 so the scale in can start with 0.01 lots.

What MPTM settings are you using on your demo?
  • #85
  • May 14, 2010 10:04am May 14, 2010 10:04am
scale-in=true for both live and demo accounts

Demo entries are 0.01 with lots set to 0.01 - no go for live.

MPTM settings attached.


Quoting octomanoak
getdown71,

On your FXDD live account, do you have the bot set for scale-in=true? if so, you may need to put the lots to 0.04 so the scale in can start with 0.01 lots.

What MPTM settings are you using on your demo?
Attached File(s)
File Type: txt steve hopwood 4 digi mtpm.txt   4 KB | 357 downloads
  • #86
  • May 14, 2010 10:28am May 14, 2010 10:28am
I'm getting good results on the EurUsd and GbpUsd pairs so far. Other pairs have either mixed or poor results.

When I step back and ask why these other pairs do not fare as well, obviously one possibility is that they are simply ranging so I cannot expect much. But I also question whether the "global" strategy of "one wave fits all" might need to be considered. What is the basis in the original strategy for using a 40 pip minimum wave? There isn't one that I recall.

Perhaps the minimum wave length needs to be different for each pair. Perhaps increasing the starting minimum wave length for all pairs would assure that a stronger trend is underway, then subsequent waves to lead to the exit might be shorter waves. Maybe the minimum starting wave by pair should be ATR-based so that it reflects current movements. Perhaps we should start with smaller waves which may be a sign of consolidation prior to a larger move and look for a breakout.

I don't know the answers, just thinking aloud.

As more ideas come into the thread, there is a lot to think about.
  • #87
  • May 14, 2010 10:35am May 14, 2010 10:35am
Quoting getdown71
scale-in=true for both live and demo accounts

Demo entries are 0.01 with lots set to 0.01 - no go for live.

MPTM settings attached.
Have not tried live account yet. I got the invalid trade volume error on my demo when I had the lots set to less than 0.04 because the broker could not accept less than 0.01 lots for each scale-in trade.

Thanks for the mptm settings.
  • #88
  • May 14, 2010 12:07pm May 14, 2010 12:07pm
Quote
Maybe the minimum starting wave by pair should be ATR-based so that it reflects current movements.

Agreed. 40 pips is arbitrary. Perhaps it was based on some research in 2005, but it seems to me that we need to know what the market is doing at the moment to determine what a "reasonable" size movement is to base our fibs on.

Quote
So i took the liberty of diving into the code and change the ZZ variables from 12,5,3 to 18,5,3. That seems to "lenghten" the ZZ and smooth out the smaller ones.

I think this is a worthwhile experiment. Ludo, are you running the original and your new version back-to-back? This would be a very interesting comparison.

Great work, guys!
  • #89
  • May 14, 2010 12:23pm May 14, 2010 12:23pm
I have 5 pairs running on FXDD - EURUSD, USDJPY, USDCAD, EURJPY and AUDUSD. Now, AUDUSD has put in a scale-in trade as I thought it should, but the other pairs have not, and I cannot work out why as they are basically the same set files, just with different magic numbers. Nothing in the log to indicate a problem either. Very strange.
  • #90
  • May 14, 2010 12:27pm May 14, 2010 12:27pm
Quoting Invisible
I have 5 pairs running on FXDD - EURUSD, USDJPY, USDCAD, EURJPY and AUDUSD. Now, AUDUSD has put in a scale-in trade as I thought it should, but the other pairs have not, and I cannot work out why as they are basically the same set files, just with different magic numbers. Nothing in the log to indicate a problem either. Very strange.
Invisible,

Are you saying that on the chart of other pairs you see where a trade should have occured but did not? Or are you saying that they did trade but did not scale in properly?

BTW, you do not need different magic numbers on each chart for the bot to work properly. Although you may have other reasons for setting different magic numbers.
  • #91
  • May 14, 2010 12:49pm May 14, 2010 12:49pm
They all seem to have correct entry trades. AUDUSD has a correct scale in, but the others should have had scale ins by now and yet do not.

I did not realize that about magic numbers, although now you mention it that does make sense as otherwise the global max trades input would be meaningless.

I think other people have mentioned that scale ins have not been coming through, but what is extra strange for me is that I have one pair that is right and others that are not.

Correction: USDCAD has no primary trade running.

If all runs well, I will be putting this on an ATC live account, which has a larger minimum lot size, so personally I will not be using scale ins when running live so as to not be using up too much margin, but I thought I would bring up this issue from testing on the FXDD demo.
  • #92
  • May 14, 2010 1:08pm May 14, 2010 1:08pm
yeah i mentioned in visual backtesting the scale in trades do not work. still waiting for someone to chime up to say they are indeed working on forward testing. since steve doesnt think this backtests, we'll have to wait until scale ins don't work for someone going forward
Good idea just not using them though for now
  • #93
  • May 14, 2010 1:28pm May 14, 2010 1:28pm
Attached is the detailed summary for this weeks testing. I am using interbankfx demo. Please disregard the first two trades as they were from v0 of the robot and when v1 was released I closed these trades and began using v1 of the robot. I closed the remaining open trades today at around 2pm est due to the fact that it is the end of the trading week.

I notice that on some pairs the scale-in feature does not work appropriately and on other pairs it does. Next week I'll begin forward testing v2 on demo. I will be sure to pay closer attention to how the robot functions in future testing.

Have a great weekend!
Attached File(s)
File Type: zip DetailedStatement.zip   9 KB | 310 downloads
  • #94
  • May 14, 2010 1:45pm May 14, 2010 1:45pm
Quoting tazmaan
yeah i mentioned in visual backtesting the scale in trades do not work. still waiting for someone to chime up to say they are indeed working on forward testing. since steve doesnt think this backtests, we'll have to wait until scale ins don't work for someone going forward
Good idea just not using them though for now
I'm not sure I understand the V2 entry logic. As I understand it, the first trade scales in at below the 50 fib for a short (above the 50 for a long). Does this mean that there is no longer a confirming candle in the lower (or upper) confirmation area if using scale-in true?

In an effort to understand V2 I put it on visual backtest. It has not taken any trades either with scale-in true, or with scale-in false.

Not sure if that means V2 is not taking trades, e.g. a bug in the code, of if V2 simply does not run in visual backtest.

Visual backtest of v1 did trade both with scale-in=true and with scale-in =false.
  • #95
  • May 14, 2010 1:52pm May 14, 2010 1:52pm
Hello all,
I am currently running V1 and V2 on two seperate accounts on Alpari (UK). V1 is well under way and collecting some serious pips. I added MPTM after some trades were taken, so i am very anxious to see how all this will behave. V2 was launched as of today and did not produce offspring yet. My hands are itching and aching to close profitable pips manually, but since this is a demo, i WILL resist any temptation to do so and let the bot ride it out. I attach my templates and .set-files for both, as well as the login/passwords. Included is a very nice indicator, not necessary needed in this setup, but it is a very configurable multi TF-mini-chart thing (i found on FF). Next week i am out on a business trip, with limited Internet access, so i keep my PC at home running while I am out (firestation is nearby, so..). And while i am on this tread, i gave another ***** vote. Well done Steve et Al.
Regards,
Ludo
Attached File(s)
File Type: zip Upload to FF.zip   66 KB | 410 downloads
  • #96
  • May 14, 2010 1:54pm May 14, 2010 1:54pm
Thanks, Ludo!

Quote
Steve et Al.

But who is this Al dude?
  • #97
  • May 14, 2010 2:02pm May 14, 2010 2:02pm
Quoting Invisible
Thanks, Ludo!



But who is this Al dude?
The suffix "et Al." behind someones name is the abbreviation of the Latin " et Alii", meaning the contributors on an (mostly academic) article. I consider Steve and his esteemed colleagues of academic level.
  • #98
  • May 14, 2010 2:03pm May 14, 2010 2:03pm
Quoting ludo willems
Hello all,
I am currently running V1 and V2 on two seperate accounts on Alpari (UK). V1 is well under way and collecting some serious pips. I added MPTM after some trades were taken, so i am very anxious to see how all this will behave. V2 was launched as of today and did not produce offspring yet. My hands are itching and aching to close profitable pips manually, but since this is a demo, i WILL resist any temptation to do so and let the bot ride it out. I attach my templates and .set-files for both, as well as the login/passwords. Included is...
Ludo,

Cannot open the zip file. Is it just me?
  • #99
  • May 14, 2010 2:09pm May 14, 2010 2:09pm
Quoting octomanoak
Ludo,

Cannot open the zip file. Is it just me?
Works for me. Although i used winrar to compress, and changed the extension to .zip, as .rar is not a valid FF extension. Try renaming to *.rar and see what happens.
  • #100
  • May 14, 2010 2:50pm May 14, 2010 2:50pm
In spite of my solemn vows not to intervene manually, i considered the following:1. it' s friday night. 2. i am tired. 3. i am in profit 4. i hate to see a winner turn south 5. i need a drink
So, five good reasons to close the shop. Profit: 440 pips in two days.
Steve, we all owe you.
Have a nice weekend all.
Ludo
Attached File(s)
File Type: zip Statement.zip   8 KB | 351 downloads
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