Steve Hopwood's Epsilon Megastar fib auto-trading robot

Quoting octomanoak

Disliked

I think there may be a bug in the scale out code, at least for the "buy" trades.

When I use the following settings, the bot closes scale-out level1 at 0.1 lots and level2 at 0.3. It should be the reverse.

UseScaleOut=true
BuyScaleOutLevel1=61.8
BuyScaleOutLot1=0.03
BuyScaleOutLevel2=76.0
BuyScaleOutLot2=0.01
BuyScaleOutLevel3=75
BuyScaleOutLot3=0.00

It appears that the sell trade code might be OK, but maybe someone should look at it to be sure.

Ignored

Quoting SteveHopwood

Disliked

I think this might be a fix.

Could you coders have a look at void ScaleOut() to see if you can spot any logic errors, please.

Ignored

Quoting SteveHopwood

Disliked

I think this might be a fix.

Could you coders have a look at void ScaleOut() to see if you can spot any logic errors, please.

Ignored

Quoting DXTrade

Disliked

Shouldn't this line and following:

SellTargetPrice[1] = NormalizeDouble(FibLow + (FibSize * SellScaleOutLevel1 / 100), Digits);

not be:

SellTargetPrice[1] = NormalizeDouble(FibHigh - (FibSize * SellScaleOutLevel1 / 100), Digits);

Ignored

Quoting SteveHopwood

Disliked

This one attempts to get around the problem by turning UseScaleOut to false when the early strategy sends the trade above/below the confirmation levels.

The draws fib version draws the fib but does not label them. Can someone who knows how to do this please add the code to add the labels and post it here.

Look for ObjectCreate(FiboName,OBJ_FIBO,0,SwingStartTime,SwingLow,SwingEndTime,SwingHigh);
in start()

Ignored

         ObjectSetFiboDescription(FiboName, 0, "High(100)"+ "  %$");
         ObjectSetFiboDescription(FiboName, 1, "Upper confirm(75)"+ "  %$");
         ObjectSetFiboDescription(FiboName, 2, "Upper retrace level(61.8)"+ "  %$");
         ObjectSetFiboDescription(FiboName, 3, "Pivot(50)"+ "  %$");
         ObjectSetFiboDescription(FiboName, 4, "Lower retrace level(38.2)"+ "  %$");
         ObjectSetFiboDescription(FiboName, 5, "Lower confirm(25)"+ "  %$");
         ObjectSetFiboDescription(FiboName, 6, "Low(0)"+ "  %$");

Quoting fxdrive

Disliked

Try the following:

[code]...

Ignored

Quoting rfking2

Disliked

My results have been incredible. Picking pips out of the ground like a robot farmer.

Good job Steve

Ignored

Quoting dryclean

Disliked

FXDD has not been working well in fact almost all losers
using the bot from about 2 bots ago. Did change fibs from 400 to 600
and 1000 for XXXJPY pairs. No scaling....Original Strat....

I also have it on Alpari and working over 60-65% wins

Will try latest ver of bot with default settings and see.....

What is frustrating is I'll be in the trade for Pos pips +50 +60 or so only to see it go neg and hit S/L

Seems like entry are right on. Maybe needs to breath more with bigger S/L

Ignored

Quoting SteveHopwood

Disliked

What I am finding both on my Alpari UK demo and my live IBFX account is this: a number of trades are opened and go into fantastic positive upl. Gradually, this all dissipates and I end up with losers.

I started a new Alpari UK demo today with a £200 deposit. Open trades to the equity to over £250 before they began to fall back. At one point today, the balance had fallen to £64.

I had to go out tonight. When I returned, trades had opened and the upl was +£157, so I closed the lot whilst it was still available.

This leaves me nearly 10%...

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