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Swing momentum trading - the robots are taking over

  • #201
  • May 31, 2010 1:50pm May 31, 2010 1:50pm
Steve,

Testing the SS EA and I have a couple of bugs.

1. When using FXOPEN it just blows up, takes a few entries and then MT4 closes down. 5 digits, micro account. I couldn't trace it to anything specific in the experts or journal files? I have given up on FXOPEN for this bot.

2. W/ Forex.com MT4, demo 4 digit, I left the default 100/100 tp/sl in and for some reason it is 1000 TP, and 100 SL when it is interpreted. I originally changed them to 100/100 in the EA, then I got errors that SL was too close to entry (forex.com......) SOOOO..... I am thinking that the code might have some malfunction when converting from 5 digit to 4 digit on TP?

3. It seems to take very few entries for me but maybe that is by design. Other than that, it is slightly positive after almost a week. I seem to get lots of minor buy/major buys ALERTS etc.. but no buys... haha..

Thanks!

We are our own best indicator.
  • #202
  • May 31, 2010 2:11pm May 31, 2010 2:11pm
Quoting bluemele
Steve,

Testing the SS EA and I have a couple of bugs.

1....
Hi Bluemele,
I've tried to run this bot on both 4 and 5 digit brokers and had know luck. Problems almost identical to yours. I've traded the indicator on a live account with Steves MPTM and had really good luck with it. Every time I add the robot to it everything goes to pot. If you figure it out please post the cure because this bot has a good strategy.

whip
  • #203
  • Jun 1, 2010 1:22am Jun 1, 2010 1:22am
Quoting hiredwhip
Hi Bluemele,
I've tried to run this bot on both 4 and 5 digit brokers and had know luck. Problems almost identical to yours. I've traded the indicator on a live account with Steves MPTM and had really good luck with it. Every time I add the robot to it everything goes to pot. If you figure it out please post the cure because this bot has a good strategy.

whip
I'm finding the same issues.
  • #204
  • Jun 1, 2010 6:59am Jun 1, 2010 6:59am
Quoting hiredwhip
Hi Bluemele,
I've tried to run this bot on both 4 and 5 digit brokers and had know luck. Problems almost identical to yours. I've traded the indicator on a live account with Steves MPTM and had really good luck with it. Every time I add the robot to it everything goes to pot. If you figure it out please post the cure because this bot has a good strategy.

whip
Whip

What settings are you using for the mptm when you manually trade. I have been doing the same with initial tp and sl at 1000, BE @ 100 and a jumping stop @ 100. I have only been placing trades on a strong buy or sell and it has been working great so far. Mind you only on demo so far am going to give it this week at least before going live as I don't know how much of my manual trading is down to luck as I have always been rubbish at manual trading in the past. The indicator is very good. I am using it on GBPUSD EURUSD USDCHF GBPJPY USDCAD AUDUSD USDJPY

Cheers

Paul
  • #205
  • Jun 1, 2010 7:54am Jun 1, 2010 7:54am
Quoting paulbt38
Whip

What settings are you using for the mptm when you manually trade....
Good Morning Paul,
The Java Beans are slowly working on my mind so hopefully most of this will make sense.
Enclosed is my set file and you will quickly see that I'm scalping.
I'm trading every pair I can find and this indi is a lot of fun. Same as you Strong Buy and Sell only......

whip

P.S. I'm sure you know to take the .txt off the end of the file...
Attached File(s)
File Type: txt mptm.set.txt   4 KB | 271 downloads
  • #206
  • Jun 1, 2010 8:10am Jun 1, 2010 8:10am
Quoting paulbt38
Whip

What settings are you using for the mptm when you manually trade....
Paul,
The above set file didn't have a tp in it. This one does.....

whip

P.S. the Java Beans are working!! The hedge is just in case I fall asleep during the ball game!!
Attached File(s)
File Type: txt mptm.set.txt   4 KB | 295 downloads
  • #207
  • Jun 1, 2010 11:27am Jun 1, 2010 11:27am
Quoting hiredwhip
Paul,
The above set file didn't have a tp in it. This one does.....

whip

P.S. the Java Beans are working!! The hedge is just in case I fall asleep during the ball game!!
Cheers Whip

I had to leave work early today and looking at the charts this afternoon I reckon some of the trades I placed just before leaving will have hit SL. I will have a look at your set file and yes I can remove the txt

Paul
  • #208
  • Jun 1, 2010 4:36pm Jun 1, 2010 4:36pm
I have no idea what is causing the problems you guys are having running the ss robot - for sure there are none here, so it is impossible to work out what is causing them.

I vaguely remember from somewhere that a robot coded using a different version of mt4 can cause problems. Frankly, I trust the guys who write the mt platform as much as I trust the criminals, so I only update my platform when it actually stops working.

Try this: shut down and restart the platform; right click the ea and select 'Modify'. When the mql4 editor window appears, hit the F5 key to recompile the code. Close the editor, shut down the platform and restart.

I do not know whether this will solve your probs, guys, but there is nothing else I can offer. As I have said often before, it is impossible to fix a fault that does not manifest itself on my machine.

____________________________________________________________

In amongst the fire and fury of EM and Simone. SS continues to increase the balance of its account slowly and steadily.

Whip, brilliant to see you are using the indi with success. I shall return to your method myself for some scalping once Simone is finished. It could even turn out that SS is actually the way forward for us all. We shall see; for sure, I am still testing this robot.

  • #209
  • Jun 1, 2010 6:00pm Jun 1, 2010 6:00pm
Quoting SteveHopwood
I have no idea what is causing the problems you guys are having running the ss robot - for sure there are none here, so it is impossible to work out what is causing them.

I vaguely remember from somewhere that a robot coded using a different version of mt4 can cause problems. Frankly, I trust the guys who write the mt platform as much as I trust the criminals, so I only update my platform when it actually stops working.

Try this: shut down and restart the platform; right click the ea and select 'Modify'. When the mql4 editor window appears, hit...
Hi Steve,
That indi and your mptm is just about the most fun I've had in a long time......with that said the bot and that indi have sent me looking for my Glenlivet bottle more times than I'd like to admit.
It has taken a total of 3 trades for me....none on a 4-digit broker. I'm on my 5th broker now....IBFX 5-digit,new downloaded demo and everything new from post 1....will see how it goes...........where is that Glenlivet bottle just in case............have a great day....

whip

I just pasted your cure to my desktop and will try it!
  • #210
  • Jun 1, 2010 6:15pm Jun 1, 2010 6:15pm
Quoting hiredwhip
Hi Steve,
That indi and your mptm is just about the most fun I've had in a long time......
mptm's success astonishes me. When I started writing it, I knew bugger-all about coding mql4 - shows in some of the early code, too.

I cannot even remember why I started writing it. Obviously, I needed some sl management, but I cannot remember what. I have no idea what possessed me to imagine it might be of any use to anyone else.

You have no idea what a thrill it is every time someone posts, "....use mptm to....."

Once Simone is finished, I look forward to some serious scalping with the SS indi and your mptm set file.

  • #211
  • Jun 1, 2010 6:25pm Jun 1, 2010 6:25pm
Quoting SteveHopwood
mptm's success astonishes me. When I started writing it, I knew bugger-all about coding mql4 - shows in some of the early code, too.

I cannot even remember why I started writing it. Obviously, I needed some sl management, but I cannot remember what. I have no idea what possessed me to imagine it might be of any use to anyone else.

You have no idea what a thrill it is every time someone posts, "....use mptm to....."

Once Simone is finished, I look forward to some serious scalping with the SS indi and your mptm set file.

Steve I'm sitting here now scalping with that combo and watching the Braves play the Phillies. Hopefully I can stay awake.....

whip
  • #212
  • Jun 1, 2010 6:37pm Jun 1, 2010 6:37pm
Quoting hiredwhip
Steve I'm sitting here now scalping with that combo and watching the Braves play the Phillies. Hopefully I can stay awake.....

whip
If you can carry on doing that then you need nothing else that I have to offer.

Then, nor do the rest of us because we can follow your example.

Then I can automate it and we can all watch the Braves play the Phillies and completely ignore the computer.

Sounds like an Upcoming Plan to me.

  • #213
  • Jun 1, 2010 6:45pm Jun 1, 2010 6:45pm
And lest we forget, SS came to me from Karl, who's user name is, I think forexkiwi or some such. Not sure - I know him as Karl from our emails. Karl recognised how good the indi is and persuaded a (highly reluctant) me to try it.

to Karl.

As I so often point out, all I do is bolt together the ideas that others provide - that is what robot builders do.

  • #214
  • Jun 1, 2010 6:50pm Jun 1, 2010 6:50pm
Quoting SteveHopwood
And lest we forget, SS came to me from Karl, who's user name is, I think forexkiwi or some such. Not sure - I know him as Karl from our emails. Karl recognised how good the indi is and persuaded a (highly reluctant) me to try it.

to Karl.

As I so often point out, all I do is bolt together the ideas that others provide - that is what robot builders do.

Karl deserves a serious standing "O" from a sellout crowd a Wembley
  • #215
  • Jun 1, 2010 7:08pm Jun 1, 2010 7:08pm
hiredwhip,
Just curious, when u are manually trading this, what balance and lot size are you using? I only ask because you have partial lot closures enabled, as well as global equity closure set at $100. So obviously this makes a decent difference if you are trading 1 lot, or 10 lots, or 0.5 lots
Also, are you just taking the SS indicator strong buy/sell, or are you filtering it with the RSI as per the pdf as well?

Thanks, I'll join the ranks of giving this a shot too, since you are having so much fun
  • #216
  • Jun 1, 2010 7:16pm Jun 1, 2010 7:16pm
Quoting tazmaan
hiredwhip,
Just curious, when u are manually trading this, what balance and lot size are you using? I only ask because you have partial lot closures enabled, as well as global equity closure set at $100. So obviously this makes a decent difference if you are trading 1 lot, or 10 lots, or 0.5 lots
Also, are you just taking the SS indicator strong buy/sell, or are you filtering it with the RSI as per the pdf as well?

Thanks, I'll join the ranks of giving this a shot too, since you are having so much fun
My live accounts are on a 4-digit broker......I'm using .2 lots that gives me .1 on the split...a small account...fast and furious with no sl and tp most times......don't fall asleep....

whip

No filters
  • #217
  • Jun 1, 2010 7:25pm Jun 1, 2010 7:25pm
k thx, i started it with .3 on 5k account, so we'll see how it gets along. The 2000 equity protection you have in place, is that 20% of your balance, or 50% etc?
I bet when you have like 10 pairs firing off all at once, doesnt take much to get to that $100 global profit target at .2 lots each
  • #218
  • Jun 1, 2010 7:31pm Jun 1, 2010 7:31pm
Quoting tazmaan
k thx, i started it with .3 on 5k account, so we'll see how it gets along. The 2000 equity protection you have in place, is that 20% of your balance, or 50% etc?
I bet when you have like 10 pairs firing off all at once, doesnt take much to get to that $100 global profit target at .2 lots each
That is the idea....you need a close all trades script and a stop watch.....make sure you beat 90 seconds and I'm sure you understand that.......

whip
  • #219
  • Jun 1, 2010 7:55pm Jun 1, 2010 7:55pm
Well thats a nice buzz kill, after running it for only about an hour, already repainting signals like they are going out of style lol.
No wonder why the bot has such a problem with it, hard to autotrade repainting signals
  • #220
  • Jun 1, 2010 8:08pm Jun 1, 2010 8:08pm
Quoting tazmaan
Well thats a nice buzz kill, after running it for only about an hour, already repainting signals like they are going out of style lol.
No wonder why the bot has such a problem with it, hard to autotrade repainting signals
Sorry about that...I normally run it on 15 pairs for about 2 hours at the start of the Asian Session and for about the same on the start of the NY Session Haven't had any problem at all to speak of.....

whip
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