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Attachments: Steve Hopwood's auto-trader for David486's H4 trendline scalping system
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Steve Hopwood's auto-trader for David486's H4 trendline scalping system

  • #61
  • Sep 6, 2010 12:15pm Sep 6, 2010 12:15pm
Great results, Astral.

I stopped my test when it seemed like the trendlines were not being re-drawn on the latest version (I think the older ZZ one did better for that) and it stopped trading. I think what I will do is run the new one and the older ZZ version side by side on demo to see what transpires. (I am using FXDD demo accounts.)

Cheers

Invisible
  • #62
  • Sep 6, 2010 12:32pm Sep 6, 2010 12:32pm
If any of you put this on a live account, remember that it does not trade exactly as per David's system. David looks for a trend that is established at the start of the week; this bot finds the first available trend, and so can have one or even both legs drawn further back in time.

Some manual intervention may be needed if the trendlines look wrong. You have two alternatives:

 

  1. delete the trendline and the bot will replace it at the next tick. Depending on where the previous highs/lows are, this may merely be where it drew them initially.
  2. manually adjust them. The bot trades of the trendline as is, so you can put it where ever you want. Remember to turn of ea's whilst manually adjusting, to avoid unwanted trades being triggered.

  • #63
  • Sep 6, 2010 7:09pm Sep 6, 2010 7:09pm
Quoting Invisible
Great results, Astral.

I stopped my test when it seemed like the trendlines were not being re-drawn on the latest version Cheers
Invisible
I think you are right, I forgot to mention that my results were from the original version. I tried the new version on a different demo for a few days and then sopped.

ARGON,

Thanks for the message my friend, it seems you are as crazy as me trying a highly experimental BOT with live money. What I say to you and my other fellow traders is we should not make the brokers TOO RICH. If you want to test this EA with real money then you should follow my example and only place 1 penny trades only. I also set a stop loss limit for the live test, which in this case is $30. If the balance goes down by $30 I will stop the test and call it a day.

Back to the settings. I have placed the EA on the 27 pairs used by BOB with default settings and the trade management disabled. Instead I use mptm with the BE of 50 and BE profit of 40. I have another crazy idea of letting the bot running 24/5. Although David`s system is very specific regarding trade times (quite rightly too, in order to avoid artificial fluctuations due to low liquidity), since we are trading 4H this may be less of a problem. good luck.

Kind regards
  • #64
  • Sep 7, 2010 12:42am Sep 7, 2010 12:42am
Quoting astral77
I think you are right, I forgot to mention that my results were from the original version. I tried the new version on a different demo for a few days and then sopped.

ARGON,

Thanks for the message my friend, it seems you are as crazy as me trying a highly experimental BOT with live money. What I say to you and my other fellow traders is we should not make the brokers TOO RICH. If you want to test this EA with real money then you should follow my example and only place 1 penny trades only. I also set a stop loss limit for the live test, which in...
thanks for the answer astral 77,
and of course I'll use it on 1 penny account...same just up to 40 $...
but can you post here that old version please, coz I dont have it...and this new one has problems...
and the default settings are on 4h and trend detection is RSI , daily, isn't ?

cheers
  • #65
  • Edited Sep 15, 2010 10:47am Sep 14, 2010 8:25pm | Edited Sep 15, 2010 10:47am
I gave up testing live after 10 days, however, maybe I should have given it much more time. I am running the strategy tester from january 2009 to september 2010, with some good results:
The number of trades is in brackets lot size is 1 cent. The settings are default and ATR method period 14. It is not the fastest EA but the results speak for themselves. Back to testing board.
EURUSD $7.00 (14)
USDJPY $18.60 (80)
GBPUSD $6.00 (55)
AUDUSD $21.00 (69)
USDCAD $9.72 (78)
NZDUSD $16.00 (61)
EURGBP $6.00 (41)
EURJPY $14.40 (14)
USDCHF $-4.00 (51)
AUDUSD $2.00 (57)
GBPJPY $19.00 (86)
CHFJPY $-0.30 (34)
GBPCAD $1.52 (6)
GBPCHF $6.00 (10)
EURAUD $10.21 (27)

STEVE I am not sure if we are using the best indcator for the trend lines. I have tried more than a dozen trend drawing indicators and the best one by far is sliding channels. I have attached it here please have a look and see if it is any good for this EA.
Attached File(s)
File Type: mq4 SlidingChannels.mq4   10 KB | 651 downloads
  • #66
  • Sep 21, 2010 1:42pm Sep 21, 2010 1:42pm
Quoting SteveHopwood
If any of you put this on a live account, remember that it does not trade exactly as per David's system. David looks for a trend that is established at the start of the week;[/list]
Steve, First, thanks for letting me post on your threads. I'll try not to draw your wrath too often. Have you ever considered coding your responses to the "thickies"? It could be fun, and the people you are yelling at probably could never judge a Turing test to begin with, so they wouldn't know.

Second, is this thread/project dead? It looks to me like David is either away or has lost interest in keeping up his thread, and it has pretty much fallen to pieces. Here, the activity also seems to have died out. If so, then its too bad, because I think this system looks promising.

Third, David's original system did not simply look back to the beginning of the week. On his first page, two of the three examples he gives cross a weekend. Then, on the first pages of the thread, there are lots and lots of examples of trades, many of them approved by David, that extend over a weekend and even to 3 weeks or more. Even the first trade signaled on his Neural Network was one where the L1 tap was from an earlier week.

The "this week" restriction came when David added additional pairs to his Neural Network. It looks like he did this for convenience and to avoid confusion. If the project in this thread is ongoing, I think for Nanningbob traders, it would be great if this bot looked to the same chart width (120 bars) as the NB system. That view is consistent with David's original description of his system, and the original examples. It would at least have the virtue of reducing the number of charts that one has to scan, and it would also make this system a true "compliment" to the NB system, just as you touted about a month back.
  • #67
  • Sep 22, 2010 10:34am Sep 22, 2010 10:34am
Steve,

do you think you could adapt your bot with the sliding channels, and say that TP is when reach 80% of channel width (for example)
Attached Image
  • #68
  • Sep 22, 2010 10:38am Sep 22, 2010 10:38am
Quoting duffypratt
Steve, First, thanks .....

Second, is this thread/project dead? It looks to me like David is either away or has lost interest in keeping up his thread, and it has pretty much fallen to pieces. Here, the activity also seems to have died out. If so, then its too bad, because I think this system looks promising.
.......
Quiet does not mean dead .....

Just resting ....
  • #69
  • Sep 22, 2010 1:51pm Sep 22, 2010 1:51pm
Quoting astral77
I gave up testing live after 10 days, however, maybe I should have given it much more time. I am running the strategy tester from january 2009 to september 2010, with some good results:
The number of trades is in brackets lot size is 1 cent. The settings are default and ATR method period 14. It is not the fastest EA but the results speak for themselves. Back to testing board.
EURUSD $7.00 (14)
USDJPY $18.60 (80)
GBPUSD $6.00 (55)
AUDUSD $21.00 (69)
USDCAD $9.72 (78)
NZDUSD $16.00 (61)
EURGBP $6.00 (41)
EURJPY $14.40 (14)
USDCHF $-4.00 (51)
AUDUSD...
I do not use an indicator to find the trendline. I use code to find the most recent highs/lows to form the two legs. This code is still not quite deadly accurate and I often have to adjust the trendline the robot draws.

I still have this on demo.

  • #70
  • Sep 22, 2010 5:17pm Sep 22, 2010 5:17pm
Quoting duffypratt
Steve, First, thanks for letting me post on your threads. I'll try not to draw your wrath too often. Have you ever considered coding your responses to the "thickies"? It could be fun, and the people you are yelling at probably could never judge a Turing test to begin with, so they wouldn't know.
Hehe. Don't tempt me. If you are not a coder, then you have no idea how easy this would be to code.

Quote
Second, is this thread/project dead? It looks to me like David is either away or has lost interest in keeping up his thread, and it has pretty much fallen to pieces. Here, the activity also seems to have died out. If so, then its too bad, because I think this system looks promising.
Nope, far from dead.

Quote
Third, David's original system did not simply look back to the beginning of the week. On his first page, two of the three examples he gives cross a weekend. Then, on the first pages of the thread, there are lots and lots of examples of trades, many of them approved by David, that extend over a weekend and even to 3 weeks or more. Even the first trade signaled on his Neural Network was one where the L1 tap was from an earlier week.
Thanks for reminding me about this. In live trading, I take no notice of the weekly thingy.

  • #71
  • Sep 22, 2010 5:19pm Sep 22, 2010 5:19pm
Not sure where I picked up this indicator, but it does a great job of drawing the trend lines

Have fun ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-09-22_1816.png Size: 36 KB
Attached File(s)
File Type: mq4 Ind_TD_DeMark_3_1_LA_Mod_03B_AIME.mq4   22 KB | 548 downloads
  • #72
  • Sep 22, 2010 5:21pm Sep 22, 2010 5:21pm
Quoting maxou888
Steve,

do you think you could adapt your bot with the sliding channels, and say that TP is when reach 80% of channel width (for example)
Why bother?

By the time the trade is triggered, a half-way decent take profit does the job without needing sc.

  • #73
  • Sep 22, 2010 6:28pm Sep 22, 2010 6:28pm
Quoting Tread
Not sure where I picked up this indicator, but it does a great job of drawing the trend lines

Have fun ...
Thanks, but it still doesn't do the job we need properly.

  • #74
  • Sep 28, 2010 10:19am Sep 28, 2010 10:19am
Quoting Invisible
@Vinesh

I am using Steve's MPTM to manage the trades as I also cannot monitor them myself.

My understanding is that Steve has removed this code from the latest version in order to make sure the actual trading code is working correctly. Presumably, it would be a very simple addition to then go back and add it later once the bot is finalized.

Cheers

Invisible
Invisible,
Can you post this original ver. that Steve coded? I want to try it out again as it was giving me very good results.
  • #75
  • Sep 28, 2010 1:20pm Sep 28, 2010 1:20pm
Hello Vinesh

I *think* it was this one attached.

Invisible
Attached File(s)
File Type: zip David's 4H Trendline auto-trading robot by Steve Hopwood with ZZ - v1.zip   11 KB | 546 downloads
  • #76
  • Sep 28, 2010 5:15pm Sep 28, 2010 5:15pm
Quoting vinesh
Invisible,
Can you post this original ver. that Steve coded? I want to try it out again as it was giving me very good results.
Hi Vinesh,
Enclosed are the first manual EA's and the first Auto-Trader that Steve wrote with Indi's......The one above is the second Auto-Trader....Add Zig-Zag to the first auto-trader.......Hope this helps.....

whip
P.S. The first one did well for me also until I just ran out of time
Attached File(s)
File Type: zip David486 4H Trendline EA's by Steve Hopwood.zip   76 KB | 630 downloads
File Type: mq4 David's 4H Trendline auto-trading robot by Steve Hopwood.mq4   66 KB | 582 downloads
File Type: zip Required indicators.zip   4 KB | 574 downloads
  • #77
  • Sep 29, 2010 9:41am Sep 29, 2010 9:41am
Hiredwhip,
Thanks for the EAs. I'll try them out again.
  • #78
  • Nov 12, 2010 12:12pm Nov 12, 2010 12:12pm
Hi Steve

I know you are not happy with the way trend line is calculated with this bot, however, over the last 2 months this bot has consistently, produced on average 180 pips per week. The DD fluctuates between 200 to 350 pips.

As you know I am illiterate in coding so the next question would not come as a surprise. Is there a way you can use the SHI lines in this BOT?

Kind Regards
  • #79
  • Edited 4:50pm Nov 12, 2010 4:25pm | Edited 4:50pm
Quoting astral77
Hi Steve

I know you are not happy with the way trend line is calculated with this bot, however, over the last 2 months this bot has consistently, produced on average 180 pips per week. The DD fluctuates between 200 to 350 pips.

As you know I am illiterate in coding so the next question would not come as a surprise. Is there a way you can use the SHI lines in this BOT?

Kind Regards...
Why not simply use the Shi bot?

  • #80
  • Last Post: Nov 12, 2010 5:03pm Nov 12, 2010 5:03pm
Quoting SteveHopwood
Why not simply use the Shi bot?

Recently, I am beginning to suspect I am getting Alzheimer`s disease (at the ripe old age of 48)!!! I keep forgetting things which may be due to having a lot on my mind. However, when people come to me and start paying back money which they had borrowed from me and I had forgotten about it, convinced me that this is serious.

I now may add dementia to Alzheimer as well. Why not use SHI BOT indeed! Since it is lawgirl`s method which is a slight variation of David`s method using SHI channels as trend lines. I beg your pardon and please ignore my last two posts.

Wishing you an enjoyable weekend.
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