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

  • #521
  • Sep 1, 2010 9:48pm Sep 1, 2010 9:48pm
Just thought maybe using an input like the existing " Dire Emergency Stop" to activate the recovery code, that way its more adaptable to a specific pair.
Anyway try to help as much as I can because Im totally hopeless in coding.
  • #522
  • Edited 1:39am Sep 2, 2010 1:25am | Edited 1:39am
I awoke ridiculously early this morning and could not sleep any more, so I have tried a first implementation of ftlr with recovery

This version removes all the entry-level options. It:

 

  1. sends a pending trade at T1; no stop (for now, use mptm to send a missing dire emergency stop); tp is as before.
  2. first recovery re-entry line is drawn at T4.
  3. subsequent re-entry lines will be drawn a la NB robot

If you want a later initial entry, then go to void LookForSingleTradeOpportunities() and find the line ap = 0; 0 means T1, so 1 would be T2 etc. Make the change and recompile.

I do not know how successful this will be. There will be bugs.

I have also added the code to make the bot adapt to x digit crims as has become my standard practice. Pip values are now entered as proper pips.



Attached File(s)
File Type: mq4 Steve Hopwood's Fib Target-level retracement auto-trader with Recovery.mq4   48 KB | 304 downloads
  • #523
  • Sep 2, 2010 1:36am Sep 2, 2010 1:36am
Quoting SteveHopwood
I awoke ridiculously early this morning and could not sleep any more, so I have tried a first implementation of ftlr with recovery

This version removes all the entry-level options. It:

 

  1. sends a pending trade at T1; no stop (for now, use mptm to send a missing dire emergency stop); tp is as before.
  2. first recovery re-entry line is drawn at T4.
  3. subsequent re-entry lines will be drawn a la NB robot

If you want a later initial entry, then go to void LookForSingleTradeOpportunities() and find the line ap = 0;...

Thank you for that will back test this version.
  • #524
  • Sep 2, 2010 1:42am Sep 2, 2010 1:42am
Make sure you have the version I edited in the last few minutes - I squished a bug.

  • #525
  • Sep 2, 2010 4:08am Sep 2, 2010 4:08am
Hi Steve

Have compiled the recovery version and the put it on 4 hrs charts with different pairs and tried to run a backtest.
The journal reads as Fib level rejection order send failed with error(130), invalid stops all the time. Occasional a trade opens but very rarely compared with the FTLR version dated the 28/7/10.
The later opens heaps of trades with an occasional error (130) same time frame and date (backtest). Sorry for my stone age description, does above explanation make any sense to you?

Cheers and thank you again.
  • #526
  • Sep 2, 2010 7:29am Sep 2, 2010 7:29am
Good Morning Steve,
As the Java beans slowly work on my brain I'm setting up FTLR with recovery.
The display tells me that the bot is adding a 0 to the pending pips value of my 4-digit broker. If that is true it will cause alot of trouble sending orders.
I'm going after more coffee......

whip
  • #527
  • Sep 2, 2010 10:18am Sep 2, 2010 10:18am
I have altered the code to fit in with what is now my habit to accommodate x digit brokers, so you don't have to do the multiplication any more - same as my more recent bots.

  • #528
  • Sep 2, 2010 12:23pm Sep 2, 2010 12:23pm
Quoting SteveHopwood
I have altered the code to fit in with what is now my habit to accommodate x digit brokers, so you don't have to do the multiplication any more - same as my more recent bots.

Steve....I understand the change that you made and I remember when you did it...

Here is my entry...extern int PendingPipsDistance=17;

Here is the output:...170

I'm on my usual 4-digit broker...

whip
  • #529
  • Sep 2, 2010 8:22pm Sep 2, 2010 8:22pm
Quoting SteveHopwood
I awoke ridiculously early this morning and could not sleep any more, so I have tried a first implementation of ftlr with recovery

This version removes all the entry-level options. It:

 

  1. sends a pending trade at T1; no stop (for now, use mptm to send a missing dire emergency stop); tp is as before.
  2. first recovery re-entry line is drawn at T4.
  3. subsequent re-entry lines will be drawn a la NB robot

If you want a later initial entry, then go to void LookForSingleTradeOpportunities() and find the line ap = 0;...

Have modified the robot to T2 / T3 as per Steve's explanation with no better results in regards to my last post. My MT4 platform is a 4 digit broker and all the past back test of any EA have normally gone smoothly. Does anybody here experience the same problem with the recovery version?
  • #530
  • Sep 3, 2010 3:40am Sep 3, 2010 3:40am
I am such a total dim-witted, Z* standard toss-pot.

I left the pips multiplier hard-coded at 10 instead of changing it to a variable.

Ye Gods, there is no hope. I can be such a total spoon sometimes.

Try this one instead, anyone daft enough to still be interested in my lunatic ramblings.

Attached File(s)
File Type: mq4 Steve Hopwood's Fib Target-level retracement auto-trader with Recovery.mq4   48 KB | 258 downloads
  • #531
  • Sep 3, 2010 4:04am Sep 3, 2010 4:04am
Quoting SteveHopwood
I am such a total dim-witted, Z* standard toss-pot.

I left the pips multiplier hard-coded at 10 instead of changing it to a variable.

Ye Gods, there is no hope. I can be such a total spoon sometimes.

Try this one instead, anyone daft enough to still be interested in my lunatic ramblings.

Hi Steve

Your new version has done the trick. Have quickly simulated a recovery trade and it recovered the runaway trade tremendously. The only problem is that the robot never set a profit target (did not recalculate the break even target). To be specific for the non recovery trade robot set a profit target and for the recovery trades no profit target has been set.
Besides that it looks fantastic.

Cheers
  • #532
  • Sep 3, 2010 4:37am Sep 3, 2010 4:37am
Quoting Pipstrumpf
Hi Steve

Your new version has done the trick. Have quickly simulated a recovery trade and it recovered the runaway trade tremendously. The only problem is that the robot never set a profit target (did not recalculate the break even target). To be specific for the non recovery trade robot set a profit target and for the recovery trades no profit target has been set.
Besides that it looks fantastic.

Cheers
Same problem here other than that looking good

Paul
  • #533
  • Sep 3, 2010 4:51am Sep 3, 2010 4:51am
I am squishing a few bugs at the mo.

Nearly there, I think.

  • #534
  • Sep 3, 2010 5:38am Sep 3, 2010 5:38am
Wow. That was some bug-hunting session. The tiniest was the hardest to spot and nearly drove me nuts.

The appears to be working now in back tester. Have a play and see what you think.

I have reinstated the target level entry choices.

Attached File(s)
File Type: mq4 Steve Hopwood's Fib Target-level retracement auto-trader with Recovery.mq4   48 KB | 283 downloads
  • #535
  • Sep 3, 2010 7:01am Sep 3, 2010 7:01am
Quoting SteveHopwood
Wow. That was some bug-hunting session. The tiniest was the hardest to spot and nearly drove me nuts.

The appears to be working now in back tester. Have a play and see what you think.

I have reinstated the target level entry choices.

Good Morning Steve,
I'm looking at a nice EURCAD Short Pending setup.....maybe I'm just alittle short on coffee but the recovery line is on the wrong side of this trade.
If I'm wrong I'll get more coffee and take the beating.....

whip
  • #536
  • Sep 3, 2010 7:27am Sep 3, 2010 7:27am
Quoting hiredwhip
Good Morning Steve,
I'm looking at a nice EURCAD Short Pending setup.....maybe I'm just alittle short on coffee but the recovery line is on the wrong side of this trade.
If I'm wrong I'll get more coffee and take the beating.....

whip
See if this puts it in the right place.

Attached File(s)
File Type: mq4 Steve Hopwood's Fib Target-level retracement auto-trader with Recovery.mq4   48 KB | 227 downloads
  • #537
  • Sep 3, 2010 8:08am Sep 3, 2010 8:08am
Quoting SteveHopwood
See if this puts it in the right place.

Very Nice......As usual......Have a great week-end

whip
  • #538
  • Sep 3, 2010 8:16am Sep 3, 2010 8:16am
Quoting SteveHopwood
See if this puts it in the right place.

Thank you Steve, there is still some bug in the recovery cycle but will have a look closer tomorrow as the sun here down under has gone longtime down ...under.
  • #539
  • Sep 3, 2010 9:20am Sep 3, 2010 9:20am
Hi Steve,
Bot is running yery nice...Two items... Is the blue line being removed after TP is hit and can the recovery trades have a distinctive comment?
Thanks Again

whip
  • #540
  • Sep 3, 2010 10:11am Sep 3, 2010 10:11am
Thanks Steve everything seems to be working grand now. Will hopefully complete some more tests over weekend.

Paul
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