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Steve Hopwood's Basket Multi-pair Auto-trading Robot

  • #21
  • Nov 2, 2010 6:46pm Nov 2, 2010 6:46pm
The latest update to post 1 includes the D1 Rsi filter - a favourite of mine.

Early days. On demo, this cut the amount of trades by about 25%, to 5 trades. This basket moved into profit quickly and has stayed there ever since.

So, assuming the D1 Rsi filter is to remain a permanent feature (not a done deal), where should we set the tp? Presumably a combination of lot size x trade numbers.

  • #22
  • Nov 2, 2010 6:50pm Nov 2, 2010 6:50pm
Quoting hiredwhip
My Word Steve.......How did you get from the DreamTeam to Trader 101?......
Courtesy of the chaos that engulfed my first TB thread that nudged a dim and distant memory............ Little is wasted.

Quote
I'm never going to get any work done...
Like sleep, it is an overrated passtime.

Quote
BTW did you find a copy of those 2 magic pairs lists he used to use that were supposed to be correlated before I nail this thing together or are you using them....
Nope. Nor do I want it. Correlations break down all the time. Guess how I know?

Quote
This ought to be a mind blower.....

whip
Wouldn't count on it, but playing with it is fun. We shall see.

  • #23
  • Nov 2, 2010 6:52pm Nov 2, 2010 6:52pm
Quoting SteveHopwood
Courtesy of the chaos that engulfed my first TB thread that nudged a dim and distant memory............ Little is wasted.


Like sleep, it is an overrated passtime.


Nope. Nor do I want it. Correlations break down all the time. Guess how I know?


Wouldn't count on it, but playing with it is fun. We shall see.

Thank You Sir....I already know it will be enjoyable

whip
  • #24
  • Nov 2, 2010 7:19pm Nov 2, 2010 7:19pm
Thanks to the chaos in TB thread, now we have a tool, a crowbar, that can bee used in many ways. Semi automated or used when USD and JPY are both week or strong. It can be used in many other ways. Endless…….
And its not limited to 14 pairs only.
  • #25
  • Nov 2, 2010 7:24pm Nov 2, 2010 7:24pm
Quoting E2u
Thanks to the chaos in TB thread, now we have a tool, a crowbar, that can bee used in many ways. Semi automated or used when USD and JPY are both week or strong. It can be used in many other ways. Endless…….
And its not limited to 14 pairs only.
You suggest 'em, I will try to code 'em.

Out of chaos comes creativity. Sometimes.

  • #26
  • Nov 2, 2010 7:35pm Nov 2, 2010 7:35pm
Steve,
If I've read this correctly you are not using 2 platforms?

whip
  • #27
  • Nov 2, 2010 7:40pm Nov 2, 2010 7:40pm
Quoting hiredwhip
Steve,
If I've read this correctly you are not using 2 platforms?

whip
Yes, I am. The always-on demo has the original version running.

I am sat at my coding computer with the latest version with Rsi running.

  • #28
  • Nov 2, 2010 7:45pm Nov 2, 2010 7:45pm
Quoting SteveHopwood
Yes, I am. The always-on demo has the original version running.

I am sat at my coding computer with the latest version with Rsi running.

OOOOOPS,
I can hear the beating going through the air......

I'll Reread
  • #29
  • Nov 2, 2010 7:45pm Nov 2, 2010 7:45pm
Quoting SteveHopwood
I haven't but I will. Especially if you could post a link........

Sorry didn't post link earlier in a rush out to see Robert Plant. Anyway back now - gig was great.

http://www.forexfactory.com/showthread.php?t=262936 Phantom

and the original metacoder basket thread which developed the phantom idea

http://www.forexfactory.com/showthread.php?t=252521

Cheers

Paul
  • #30
  • Nov 2, 2010 7:46pm Nov 2, 2010 7:46pm
Quoting hiredwhip
OOOOOPS,
I can hear the beating going through the air......

I'll Reread
I am not a total idiot. I never whip someone who can whip right back.
  • #31
  • Nov 2, 2010 7:49pm Nov 2, 2010 7:49pm
Quoting SteveHopwood
I am not a total idiot. I never whip someone who can whip right back.
Thank You Sir .......I will reread....
  • #32
  • Nov 2, 2010 7:58pm Nov 2, 2010 7:58pm
Quoting hiredwhip
Thank You Sir .......I will reread....
Nothing to reread. I was just playing with your screen name.

  • #33
  • Nov 2, 2010 8:03pm Nov 2, 2010 8:03pm
Quoting SteveHopwood
Nothing to reread. I was just playing with your screen name.

I've already found my bottle of Glenlivet......So I'm done for the night

See you in the morning,

whip
  • #34
  • Nov 2, 2010 8:17pm Nov 2, 2010 8:17pm
Quoting hiredwhip
I've already found my bottle of Glenlivet......So I'm done for the night

See you in the morning,

whip
Wait a minute your robot just spit out a $5 Bill..I've got to have it set up right......

whip
  • #35
  • Nov 2, 2010 10:20pm Nov 2, 2010 10:20pm
Quoting SteveHopwood
I understand and know so much more than I did two years ago ....

not just you, Steve, all the people following your threads have.

I'm mostly a lurker here, but in the past year I learned more than I could have any other way because of your bots, the contributors, and the experiences that everyone shared, so thanks again, to you and all.


btw, here you go again, another day another bot...
  • #36
  • Nov 3, 2010 3:59am Nov 3, 2010 3:59am
you are just great person....

can't wait to test this one too !

cheers
  • #37
  • Nov 3, 2010 4:13am Nov 3, 2010 4:13am
Our steve , who art in forex
hallowed be thy name
Thy Robot come
Thy will be programmed
in Metatrader4 as it is in life
Give us this day our daily trade.
And forgive us our silly comments
As we forgive those who change the threads.
And lead us not into drawdown,
but deliver us to takeprofit.
For forex is the kingdom, the profit and the loss. for ever and ever. Steve

PS A bit bored today
  • #38
  • Nov 3, 2010 4:21am Nov 3, 2010 4:21am
I think you need therapy. Too much exposure to my influence is bad for you.

Hehe. That last sentence was originally, "Too much exposure to me is bad for you" then I realised this could be mis-interpreted.

  • #39
  • Nov 3, 2010 5:14am Nov 3, 2010 5:14am
Steve.

Great little EA...I have it set on 0.01 lots and so far its made 3 x $5.00...

Works a treat....

Thanks a lot..

Edit: just checked its $1.90 into its fourth profit for the day...
  • #40
  • Nov 3, 2010 6:08am Nov 3, 2010 6:08am
In light of what happened on demo overnight, I have made some significant updates.

 

  1. The most important change of all. The name had to go. No robot can possibly succeed in modern, cut throat markets without a decent name. I have adopted Vinesh's suggestion.
  2. Rsi: it does not take too much imagination to see that Rsi is as vulnerable to 'chop' at the boundaries of what it is measuring as any other indicator. BWB gradually took more trades as Rsi moved into the buy/sell areas. Sometimes this move was a brief one and the market fell back again, leaving the new trade adding cheerfully to the dd. So, I have added the filter that yesterday's D1 Rsi must also be in the buy/sell range for BWB to take trades.
  3. I have added some columns to the the display to help us see more clearly what is going on. Their use should be obvious.

The sleep-after-basket-closure was not working properly; bwb slept for 20 seconds not 2 hours, so I had the formula wrong. Getting my head around stuff like this is one of those things I struggle with. I am trying Sleep(SleepHoursAfterBasketClosure * 60000); to turn the hours into the required no of milliseconds. Anybody know if this is correct or not?

The basket tp needs to be adaptive, as trades can be added with the passage of time. I am thinking x pips per pair multiplied by the number of pairs in the basket. So, at 10 pips per trade and 8 trades in the basket, bwb would close all at +80 pips. How does this sound?

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