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Nanningbob V5: Steve Hopwood's auto-trading robot

  • #61
  • Aug 10, 2010 5:01am Aug 10, 2010 5:01am
Quoting f451
That's awesome. Do you know if you've seen the full variety of situations (#1, #2, #3 et al)?

I believe Steve has either code or is working on coding user selectable values for stochMACD in the EA so you can relax the entry condition on MACD a bit, allowing secondaries and near miss primaries.

cheers
f451
I haven't done the analysis as yet to determine which trades were relating to which situation.

I have utilised Steve's newly selectable variables for the MACD and have found this really useful.

Since coding the red MACD is impossible, over the last couple of days I have been playing with the 'stoch period' variable in the EA and adjusting it for different pairs to see if this helps in any way. (I'm adjusting it in the indicator first and then replicating that in the EA settings once I'm happy with the way the red line is behaving). Some pairs seem to suit longer periods and others shorter.

I've got to confess to being a complete novice in relation to Stochs as I've never really found them useful to my trading (until now). Early days to say if playing with these periods in the EA is heading in the right direction or me making a valiant attempt at messing the system up totally!
  • #62
  • Aug 10, 2010 5:11am Aug 10, 2010 5:11am
Quoting ForexKiwi
Early days to say if playing with these periods in the EA is heading in the right direction or me making a valiant attempt at messing the system up totally!
macman always does his best to break systems and ea's as well. So far, this one is surviving his best efforts so things are looking good.
  • #63
  • Aug 10, 2010 5:03pm Aug 10, 2010 5:03pm
Quoting SteveHopwood
macman always does his best to break systems and ea's as well. So far, this one is surviving his best efforts so things are looking good.
Steve....Another one with a great start.....this one will be another ball-game bot as I'm running it along with NB combined trade sender_vSM3...love swingman's graphics....enclosed is a quick printout....

whip
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  • #64
  • Aug 10, 2010 8:30pm Aug 10, 2010 8:30pm
Test results for the last 2 days. Nanningbob sure means it when you need balls for this system.

http://i148.photobucket.com/albums/s...g?t=1281490169
  • #65
  • Aug 11, 2010 4:59pm Aug 11, 2010 4:59pm
Quoting obnoxious2
Test results for the last 2 days. Nanningbob sure means it when you need balls for this system.

http://i148.photobucket.com/albums/s...g?t=1281490169
What settings are you using? There are a large number of trades that don't appear to correspond with what the system took for me. Are you trading over the gold line? How many bars is your Sixth's counting back?
  • #66
  • Aug 11, 2010 6:04pm Aug 11, 2010 6:04pm
Quoting ForexKiwi
What settings are you using? There are a large number of trades that don't appear to correspond with what the system took for me. Are you trading over the gold line? How many bars is your Sixth's counting back?
Ran these on default settings. The 6ths input was default set to 50. Don't know if I should change that to 120 or not. Which settings are you using?
  • #67
  • Aug 11, 2010 6:20pm Aug 11, 2010 6:20pm
Quoting obnoxious2
Ran these on default settings. The 6ths input was default set to 50. Don't know if I should change that to 120 or not. Which settings are you using?
I have changed the sixths to 120 and only trade over the yellow line (Zone A). Seems to weed out a few bad trades. I also have the stoch overbought variables at 80 and 20.
  • #68
  • Aug 11, 2010 6:22pm Aug 11, 2010 6:22pm
Quoting obnoxious2
Ran these on default settings. The 6ths input was default set to 50. Don't know if I should change that to 120 or not.
Yes, you should.

This robot is a long way from even coming close to trading the strategy properly. A close approximation is the best we can hope for, so starting with the correct number of bars is a start.

Even though the robot cannot emulate live trading, we will still be well ahead of the game if it can be profitable. That is my target for now.

  • #69
  • Aug 11, 2010 6:28pm Aug 11, 2010 6:28pm
Quoting obnoxious2
Ran these on default settings. The 6ths input was default set to 50. Don't know if I should change that to 120 or not. Which settings are you using?
The Sixth's indi does NOT default to 50. It just happened to be at 50 when I originally uploaded it.

The idea of being able to give the Sixth's indi different numbers of look-back bars is to eventually find the best setting for each individual pair & to be able to run on different time frames.

Before testing you really need to define what your test is trying to achieve.

These posts will help.

http://www.forexfactory.com/showpost...&postcount=240

http://www.forexfactory.com/showpost...7&postcount=36

Sorry if I sound a bit harsh, but really there is no point in trying to test something you don't fully understand, it just leads to confusion, but thanks for the effort, which is appreciated.
  • #70
  • Aug 11, 2010 6:52pm Aug 11, 2010 6:52pm
Quoting macman
The Sixth's indi does NOT default to 50. It just happened to be at 50 when I originally uploaded it.

The idea of being able to give the Sixth's indi different numbers of look-back bars is to eventually find the best setting for each individual pair & to be able to run on different time frames.

Before testing you really need to define what your test is trying to achieve.

These posts will help.

http://www.forexfactory.com/showpost...&postcount=240

http://www.forexfactory.com/showpost...7&postcount=36

Sorry...
Macman are you producing that profit vs drawdown graph for your forward test of the NB v5 EA? Now that would be very very interesting...

cheers
f451
  • #71
  • Aug 11, 2010 7:17pm Aug 11, 2010 7:17pm
Quoting ForexKiwi
I have changed the sixths to 120 and only trade over the yellow line (Zone A). Seems to weed out a few bad trades. I also have the stoch overbought variables at 80 and 20.
Ah I see. I remember someone saying that to change the sixths, in addition to changing it on the EA you have to change it on the indicator correct? Does that apply also to the stoch?

Also, which trend filter are you using?
  • #72
  • Aug 11, 2010 7:28pm Aug 11, 2010 7:28pm
Quoting f451
Macman are you producing that profit vs drawdown graph for your forward test of the NB v5 EA? Now that would be very very interesting...

cheers
f451
Yes, I am forward testing on my standard 6 pairs. As soon as I have some recommendations regarding starting values for the Sixth's indi, I will post.

Hopefully we can then get more tests on other pairs.

Thanks for your interest.
  • #73
  • Aug 12, 2010 2:05am Aug 12, 2010 2:05am
Quoting obnoxious2
Ah I see. I remember someone saying that to change the sixths, in addition to changing it on the EA you have to change it on the indicator correct? Does that apply also to the stoch?
Yes to both.

  • #74
  • Aug 13, 2010 7:30pm Aug 13, 2010 7:30pm
Got to say that was a great week!!!!! Thanks a huge amount Steve for coding this EA.

While I like to check NB's charts manually from time to time, I am often out and/or sleeping and rely on this EA to do it's stuff. It made me very nice real cash this week as I'm using it live (albeit with slightly conservative settings).

I'm still playing with the red line MACD settings in the EA but overall the robot seems to be picking up most of the trades I want it to.

Thanks again Steve.
  • #75
  • Aug 13, 2010 10:18pm Aug 13, 2010 10:18pm
Quoting ForexKiwi
Got to say that was a great week!!!!! Thanks a huge amount Steve for coding this EA.

While I like to check NB's charts manually from time to time, I am often out and/or sleeping and rely on this EA to do it's stuff. It made me very nice real cash this week as I'm using it live (albeit with slightly conservative settings).

I'm still playing with the red line MACD settings in the EA but overall the robot seems to be picking up most of the trades I want it to.

Thanks again Steve.
What are you using for trend filter and TP/SL?
  • #76
  • Aug 14, 2010 1:52am Aug 14, 2010 1:52am
Thanks to Steve for the great work.
I have activated a demo FXCM cross on 24.
place the results 4 to 13 August.
I will continue so for all future weeks.
Greetings
Romano
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  • #77
  • Aug 14, 2010 3:12am Aug 14, 2010 3:12am
Quoting ForexKiwi
I'm still playing with the red line MACD settings in the EA but overall the robot seems to be picking up most of the trades I want it to.

Thanks again Steve.
You are most welcome. Kudos to Bob really; I am just the mechanic. f451 even provided some of the code, so I am only part of the mechanic. :nerd:

Mine has made a great start as well. I am going to add the 200 pips distance line thingy to it before the markets open again, to make it easier to manage the trades that do go wrong.

The robot picked up some trades that I missed, so that is excellent. I am not ready to go live with the robot yet - partly because I am being so successful trading manually.

Good times. Some of us have waited a long time for them.

  • #78
  • Aug 14, 2010 4:02am Aug 14, 2010 4:02am
Quoting obnoxious2
What are you using for trend filter and TP/SL?
I'm using the RSI default for trend at this stage. I'm setting a 500 TP and 400 SL and then relying on MTPM to do it's stuff. I'm experimenting with the MTPM settings which I've recently changed to +1 after 40 pips and a 50 trailing stop. I was finding I was under doing my profits and they were virtually always at least doing 40 pips but usually a lot more. By letting the trades run with these settings I have often been booking 30 -80 pip profits. Saying that, I have manually closed quite a few trades after 20 or 30 pips - usually prematurely due to a trigger finger!! My goal is to get better at picking when manual exits are necessary by analysing the movement of the white and blue lines as per NB's guidelines.
  • #79
  • Aug 14, 2010 10:38am Aug 14, 2010 10:38am
Quoting ForexKiwi
I'm using the RSI default for trend at this stage. I'm setting a 500 TP and 400 SL and then relying on MTPM to do it's stuff. I'm experimenting with the MTPM settings which I've recently changed to +1 after 40 pips and a 50 trailing stop. I was finding I was under doing my profits and they were virtually always at least doing 40 pips but usually a lot more. By letting the trades run with these settings I have often been booking 30 -80 pip profits. Saying that, I have manually closed quite a few trades after 20 or 30 pips - usually prematurely due...
Ah I see thanks.

@Romano That is a big float you have there. What are you using to manage the trades since it doesn't seem like you're using the TP/SL that Steve built into the EA. Though you do have a TP/SL on one of them it seems. Weird.
  • #80
  • Aug 14, 2010 12:35pm Aug 14, 2010 12:35pm
Quoting obnoxious2
Ah I see thanks.

@Romano That is a big float you have there. What are you using to manage the trades since it doesn't seem like you're using the TP/SL that Steve built into the EA. Though you do have a TP/SL on one of them it seems. Weird.
The first two days I set the SL to 50 pips.
But then I left to manage everything from defolt,
Use AtrTP = true.
In a floating week has done a lot.
I not have very clear ideas and I'm looking for the best setting.
This week I will change again until you find the right setting, then circulate to all.
ciao
Romano
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