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

  • #581
  • Sep 6, 2010 4:30pm Sep 6, 2010 4:30pm
Quoting SteveHopwood
Cheers whip. I will look into it.

Hi Steve,
Here is a pair I just found when I got back in....And I also had a pair with a 0 lotsize on the display....I'm going to tear it all down and reload everything.....I sure hope this helps you because it sure has me confused...

whip
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.gif Size: 55 KB
  • #582
  • Sep 6, 2010 4:39pm Sep 6, 2010 4:39pm
Quoting hiredwhip
Hi Steve,
Here is a pair I just found when I got back in....And I also had a pair with a 0 lotsize on the display....I'm going to tear it all down and reload everything.....I sure hope this helps you because it sure has me confused...

whip
Yes it does.

 

  1. eg sell - this is correct.
  2. eg buy
  3. robot spots there are 2 open trades and concludes that recovery in in progress. Price is below the re-entry line, and so sends the second eg buy

I thought I had this licked. What I cannot understand, is why trade 2 is sent. Some tiny bug somewhere that I cannot track down.

Hey ho. I will find it eventually.

  • #583
  • Sep 6, 2010 4:43pm Sep 6, 2010 4:43pm
Quoting SteveHopwood
Yes it does.

 

  1. eg sell - this is correct.
  2. eg buy
  3. robot spots there are 2 open trades and concludes that recovery in in progress. Price is below the re-entry line, and so sends the second eg buy

I thought I had this licked. What I cannot understand, is why trade 2 is sent. Some tiny bug somewhere that I cannot track down.

Hey ho. I will find it eventually.

Steve....with a 0 in the lotsize display is the bot not resetting the lotsize?

whip
  • #584
  • Sep 6, 2010 5:09pm Sep 6, 2010 5:09pm
There is a fault somewhere in RecoveryModule().

Removing the call to this function stops the rogue trades.

Neither know nor care what causes the 0 lot size display.

  • #585
  • Sep 6, 2010 5:12pm Sep 6, 2010 5:12pm
I have found one really idiotic blunder in RecoveryModule() and am just checking it out.

  • #586
  • Sep 6, 2010 5:14pm Sep 6, 2010 5:14pm
Quoting SteveHopwood
I have found one really idiotic blunder in RecoveryModule() and am just checking it out.

Just finished my fresh setup....will try it out when you're done
  • #587
  • Sep 6, 2010 6:12pm Sep 6, 2010 6:12pm
Can't work it out. The bloody robot appears not to be sending the first re-entry line.

No idea why not.

I give up. Sick of it.
  • #588
  • Sep 6, 2010 6:21pm Sep 6, 2010 6:21pm
Quoting SteveHopwood
Can't work it out. The bloody robot appears not to be sending the first re-entry line.

No idea why not.

I give up. Sick of it.
No problem....See you in the morning.....Have a tall cool one......

whip
  • #589
  • Sep 7, 2010 5:20am Sep 7, 2010 5:20am
Amazing what sheer teeth-gritted, obstinate, bloody-minded determination can achieve. Frustrated though I was last night, the whole exercise has been invaluable.

It turns out that the bot was sending the first re-entry line, but then deleting it at the next tick. In visual backtesting, this happens so quickly that it looks as though the bot is not drawing the line at all.

By sheer good luck, I was testing the bot's code on a D1 EJ chart, and ej has tanked today, and so market was below short T4. With TradeLevelIsT1 set to true, ftlr obligingly sent the pending trade, then drew the required re-entry line at T4.

So, had the trade filled, it would have immediately been in dd. ftlr would have spotted that the trade is 'loosing', seen that the market was below the re-entry line, bellowed, "Yippppppeeeeeeeeeeee. Time for a Recovery party" and sent a L2 trade.

In a backtest, the trades appear to have been sent correctly and Recovery appears to have kicked in as required.

I find that backtesting bots that include Recovery, invariably end with a runner that continues without a sufficient retrace until either it blows the account, or a close-at-stop at the end of the backtest leaves the account with a massive hole.

In live trading, we would have started to close the L1 trades as soon as the L4 reached its own re-entry line, so backtesting in strategy tester is only of limited use.

Attached File(s)
File Type: mq4 Steve Hopwood's Fib Target-level retracement auto-trader with Recovery.mq4   48 KB | 317 downloads
  • #590
  • Sep 7, 2010 5:29am Sep 7, 2010 5:29am
Quoting SteveHopwood
Amazing what sheer teeth-gritted, obstinate, bloody-minded determination can achieve. Frustrated though I was last night, the whole exercise has been invaluable.

It turns out that the bot was sending the first re-entry line, but then deleting it at the next tick. In visual backtesting, this happens so quickly that it looks as though the bot is not drawing the line at all.

By sheer good luck, I was testing the bot's code on a D1 EJ chart, and ej has tanked today, and so market was below short T4. With TradeLevelIsT1 set to true, ftlr obligingly...
Congratz.......I'm loading it up Now....

whip
  • #591
  • Sep 7, 2010 5:54am Sep 7, 2010 5:54am
I cleared out the existing trades to let the bot start again. It quickly sent several pendings; I only checked a couple, but everything looks good now.

  • #592
  • Sep 7, 2010 6:01am Sep 7, 2010 6:01am
Quoting SteveHopwood
I cleared out the existing trades to let the bot start again. It quickly sent several pendings; I only checked a couple, but everything looks good now.

Looks great Steve,
Several pendings on this fresh account.......great start

whip
  • #593
  • Sep 7, 2010 6:40am Sep 7, 2010 6:40am
Quoting hiredwhip
Looks great Steve,
Several pendings on this fresh account.......great start

whip
My bot just took 2 trades EURGBP and EURAUD both are headed the wrong way so we may find out something quick. Both setups look perfect.....

whip
  • #594
  • Sep 7, 2010 6:48am Sep 7, 2010 6:48am
Quoting SteveHopwood
Amazing what sheer teeth-gritted, obstinate, bloody-minded determination can achieve. Frustrated though I was last night, the whole exercise has been invaluable.

It turns out that the bot was sending the first re-entry line, but then deleting it at the next tick. In visual backtesting, this happens so quickly that it looks as though the bot is not drawing the line at all.

By sheer good luck, I was testing the bot's code on a D1 EJ chart, and ej has tanked today, and so market was below short T4. With TradeLevelIsT1 set to true, ftlr obligingly...
Good morning Steve,

You made my day, I'am speechless maaate!

Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 47 KB


Thank you for that really appreciate your dedication and hard work

Cheers
  • #595
  • Sep 7, 2010 7:30am Sep 7, 2010 7:30am
Quoting Pipstrumpf
Good morning Steve,

You made my day, I'am speechless maaate!

Attachment

Thank you for that really appreciate your dedication and hard work

Cheers
It does just look good with the recovery as long as markets behave normal.

Attached Image (click to enlarge)
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  • #596
  • Sep 7, 2010 10:46am Sep 7, 2010 10:46am
Go Steve! Coding hero to the masses!
  • #597
  • Sep 7, 2010 10:55am Sep 7, 2010 10:55am
  • #598
  • Sep 7, 2010 1:35pm Sep 7, 2010 1:35pm
Hi Steve,
Just came in for lunch and checked the FTLR w R bot and ran into this...
This EURAUD trade should have had an L2 trade with it. it doesn't look like Recovery was triggered.And from the looks of the down bar it's been lower than that.
After checking all charts I haven't had any recoverys triggered all morning.
Again, if you get some time, can you check this out and if I've made another glaring error I'll just have to take the beating..... Thankz.....

whip
Attached Image (click to enlarge)
Click to Enlarge Name: euraud.gif Size: 57 KB
  • #599
  • Sep 7, 2010 3:38pm Sep 7, 2010 3:38pm
Quoting Pipstrumpf
It does just look good with the recovery as long as markets behave normal.

Attachment
By the way back in 2007 and 2008 I have traded index CFD’s manually and live with a recovery system. My recovery entries have been based on historical support and resistance lines (daily charts) but without doubling up the numbers of CFD’s. I admit that I had sleepless nights but the taxman had a party. I see the market in a equilibrium sort of like a wood panel floating on water, push it down and it will eventually come up, trowed into the air and it will most likely land on your head.
  • #600
  • Sep 7, 2010 4:35pm Sep 7, 2010 4:35pm
Quoting hiredwhip
Hi Steve,
Just came in for lunch and checked the FTLR w R bot and ran into this...
This EURAUD trade should have had an L2 trade with it. it doesn't look like Recovery was triggered.And from the looks of the down bar it's been lower than that.
After checking all charts I haven't had any recoverys triggered all morning.
Again, if you get some time, can you check this out and if I've made another glaring error I'll just have to take the beating..... Thankz.....

whip
What happened subsequently?

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