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Attachments: Steve Hopwood's Fib Target-level retracement auto-trader: compliments Simone
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Steve Hopwood's Fib Target-level retracement auto-trader: compliments Simone

  • #421
  • Jul 25, 2010 4:44am Jul 25, 2010 4:44am
Ehup guys.

Any of you not there already, make your way to http://www.forexfactory.com/showthread.php?t=246113 immediately.

  • #422
  • Jul 25, 2010 10:51am Jul 25, 2010 10:51am
Steve,

Now you just need to rewrite all your MQL4 items to MQL5

Quoting SteveHopwood
Ehup guys.

Any of you not there already, make your way to http://www.forexfactory.com/showthread.php?t=246113 immediately.

  • #423
  • Jul 26, 2010 7:06am Jul 26, 2010 7:06am
Steve, I think the ATP stop loss is adding too many pips. I use a 5 digit broker and are getting a 250 pip SL added rather than 25pips.

tks

Peter


Quoting SteveHopwood
Done and added to post 1 in the mptm thread.

I have also made mptm adaptable to different digit quotes, so users are able to think in pips without having to multiply.

  • #424
  • Jul 26, 2010 11:57am Jul 26, 2010 11:57am
For those who may be interested in the FTLR, this is an update to the Forward Test I began in early July. See post # 284 for the opening post and explanation. Results have been converted to the attached tracking table.

This is from 17 pairs with NO monitoring at all. Running at a “penny a pip” and converting the profit $ directly to pips. I know it’s not completely accurate but this gets the idea across.

Pip Parade
Attached File(s)
File Type: xls Steve's Fibs.xls   20 KB | 561 downloads
  • #425
  • Jul 26, 2010 3:46pm Jul 26, 2010 3:46pm
FTLR, 2 weeks running, +1655 pips, 75 consecutive winners, no losses. Current DD less than 2%.

Rob
Attached Image (click to enlarge)
Click to Enlarge Name: FTLR 7-26-10.jpg Size: 66 KB
  • #426
  • Jul 26, 2010 4:08pm Jul 26, 2010 4:08pm
Quoting ChicagoRob
FTLR, 2 weeks running, +1655 pips, 75 consecutive winners, no losses. Current DD less than 2%.

Rob
Which pairs and TF?
  • #427
  • Jul 26, 2010 4:11pm Jul 26, 2010 4:11pm
Hi Rob

Can you please post your set file or the settings, pairs & timeframe. I get about 2 trades a week and yes the are winners BUT I'd like a little more trading.

Thanks for your help
Jim (MrChips)
  • #428
  • Jul 26, 2010 4:24pm Jul 26, 2010 4:24pm
Quoting MrChips
Hi Rob

Can you please post your set file or the settings, pairs & timeframe. I get about 2 trades a week and yes the are winners BUT I'd like a little more trading.

Thanks for your help
As posted previously, 16 pairs, D1 TF. Settings attached, which are designed for my IBFX mini demo account(.1 starting lots = 10cents/pip). Starting balance: $4500.

Rob
Attached Image (click to enlarge)
Click to Enlarge Name: FTLR Setup #2 .jpg Size: 62 KB
Attached Images
  • #429
  • Jul 26, 2010 4:39pm Jul 26, 2010 4:39pm
Quoting ChicagoRob
As posted previously, 16 pairs, D1 TF. Settings attached, which are designed for my IBFX mini demo account(.1 starting lots = 10cents/pip). Starting balance: $4500.

Rob
Thanks for the posting of the settings, I presume some settings which are missing are set at default. Such as trade direction finding (tdi True) & sq_steve direction finding module (true) & sixths input bar count 50, true.

Please confirm.

Kind regards
  • #430
  • Jul 26, 2010 4:53pm Jul 26, 2010 4:53pm
Quoting astral77
Thanks for the posting of the settings, I presume some settings which are missing are set at default. Such as trade direction finding (tdi True) & sq_steve direction finding module (true) & sixths input bar count 50, true.

Please confirm.

Kind regards
I'm trading with an "obsolete" version, which I believe is no longer available for
download. It does not have a tdf module. All of the available settings are shown
in the screen grabs.

I'm also currently testing the same version on a smaller IBFX demo, same pairs and TF, but at only .02 starting lots(1-cent pips, $788 balance). I started the demo last night and it has already posted 20 consecutive winning trades.

Rob
  • #431
  • Jul 26, 2010 5:12pm Jul 26, 2010 5:12pm
Quoting ChicagoRob
I'm trading with an "obsolete" version, which I believe is no longer available for download. It does not have a tdf module. All of the available settings are shown in the screen grabs.

I'm also currently testing the same version on a smaller IBFX demo, same pairs and TF, but at only .02 starting lots(1-cent pips, $788 balance). I started the demo last night and it has already posted 20 consecutive winning trades.

Rob
Thanks for your prompt reply. It must be the case of additional filters of tdf and sixths, have resulted in less trades. It only stands to reason that to get the same function as the old EA is to set the above fields to FALSE. will try to see if can get more trades.
Kind regards
  • #432
  • Jul 26, 2010 5:33pm Jul 26, 2010 5:33pm
Quoting astral77
Thanks for your prompt reply. It must be the case of additional filters of tdf and sixths, have resulted in less trades. It only stands to reason that to get the same function as the old EA is to set the above fields to FALSE. will try to see if can get more trades.
Kind regards
This is correct. To trade as I originally envisaged the robot, turn both UseSqSteve and UseRsi to false.

You will see more trades. It will be up to you to decide whether this outweighs the value of the trend filters. The jury is still out on this.

  • #433
  • Jul 27, 2010 2:22am Jul 27, 2010 2:22am
Hi Steve,
Fib retrace still doing nicely, now 34 trades without a major problem.

Attached is also a trace of the floating draw down against profit since the test started. This gives a better idea of what the bot is really doing when you are looking the other way IMHO.

If we can decide on a suitable 'death trade' routine to add to this bot, I think we have a strong contender here -

Earlier post is here with more details -
http://www.forexfactory.com/showpost.php?p=3884074&postcount=354
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Fib_retrace_34_trades_100pc.png Size: 15 KB
Click to Enlarge Name: Fib_retrace_M15_floating_DD.png Size: 26 KB
  • #434
  • Jul 27, 2010 9:46am Jul 27, 2010 9:46am
I was just informed by IBFX support that IBFX changed their order entry type 2 weeks ago to "market execution" meaning the stop loss and take profit can only be entered after the initial buy/sell order has been entered and filled.

Steve I know you do not like this order type, but does the FTLR bot accomodate this type of order? I see no setting to allow it, but perhaps it is automatic.

I wonder if this is why my IBFX demo only has old ticks and no trades opened. Although ChicagoRob seems to have it working. I've tried everything I know and suggestions posted on this thread to try to resolve the old tick error, but so far no success.
  • #435
  • Jul 27, 2010 12:04pm Jul 27, 2010 12:04pm
Quoting SteveHopwood
This is correct. To trade as I originally envisaged the robot, turn both UseSqSteve and UseRsi to false.

You will see more trades. It will be up to you to decide whether this outweighs the value of the trend filters. The jury is still out on this.

Hi Steve,
I've just been having a look through the FTLR code and I think I've found a bit of a problem. If you set the parameter 'UseSqSteve' to false, as suggested in your previous post, then the EA won't place any trades. Setting this to false stops the call to function 'GetTradeDirection()' which means that the trade direction is always set to 'none'.
The EA always checks to see if the direction is either 'up' or 'down' before placing any trades.

Hope this makes sense.

PeeJay
  • #436
  • Edited 12:52pm Jul 27, 2010 12:13pm | Edited 12:52pm
Quoting macman
Hi Steve,
Fib retrace still doing nicely, now 34 trades without a major problem.

Attached is also a trace of the floating draw down against profit since the test started. This gives a better idea of what the bot is really doing when you are looking the other way IMHO.

If we can decide on a suitable 'death trade' routine to add to this bot, I think we have a strong contender here -

Earlier post is here with more details -
http://www.forexfactory.com/showpost.php?p=3884074&postcount=354...
I am experiencing the same thing - account balance growing but also the dd as some trades resolutely head in the wrong direction. I am leaving them alone, just to see what happens.

I am beginning to think that the 'line in the sand' approach might be the one to take if your criminal does not allow hedging - and perhaps even if he does. What I am thinking at the mo is this: when a trade goes into the red, close it when it has swallowed x% of the weekly profit, or whatever unit of time suits best.

We shall see.

  • #437
  • Jul 27, 2010 12:19pm Jul 27, 2010 12:19pm
Quoting SteveHopwood
Nice one Jeff. I promised to code this, but forgot about it.

I shall start on it later.

I have just received a gentle nag about this.

Hehe. I coded it last week, then forgot about it as I could not run a profitable backtest. It is attached here.

Go to http://www.forexfactory.com/showpost...&postcount=143 to read FxCompass' idea.

It could be the backtests were unprofitable because I have got something wrong. Have a look and see what you think.

Attached File(s)
File Type: mq4 FX Compass Sixths Fib trading robot.mq4   11 KB | 457 downloads
  • #438
  • Jul 27, 2010 12:35pm Jul 27, 2010 12:35pm
Quoting peejaywk
Hi Steve,
I've just been having a look through the FTLR code and I think I've found a bit of a problem. If you set the parameter 'UseSqSteve' to false, as suggested in your previous post, then the EA won't place any trades. Setting this to false stops the call to function 'GetTradeDirection()' which means that the trade direction is always set to 'none'.
The EA always checks to see if the direction is either 'up' or 'down' before placing any trades.

Hope this makes sense.

PeeJay
Brilliant blooper spotting yet again, PJ; this is indeed the case. Thanks.

The fix is in post 1 and is an essential re-download.

Unless anyone screams, "No leave it alone, I am making a killing with it" I shall remove the sar version as it looks like merely something to add confusion for newcomers.

  • #439
  • Jul 27, 2010 12:56pm Jul 27, 2010 12:56pm
Quoting octomanoak
I wonder if this is why my IBFX demo only has old ticks and no trades opened. Although ChicagoRob seems to have it working. I've tried everything I know and suggestions posted on this thread to try to resolve the old tick error, but so far no success.
I run another EA on my two, live IBFX accounts and have not had any problems regarding SL or TP. When I switched from pendings to market
orders, the EA behaved exactly the same, even though, technically,
you're supposed to put in the SLs and TPs after the market order has
been filled.

I don't know why you're having such difficulties. All of my live and demo
accounts have run perfectly with IBFX.

Rob
  • #440
  • Jul 27, 2010 1:54pm Jul 27, 2010 1:54pm
Quote
I have just received a gentle nag about this.

Cheers Steve!
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