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

  • #781
  • Edited Nov 16, 2010 8:51am Nov 15, 2010 5:55pm | Edited Nov 16, 2010 8:51am
for incorporating hedging imputs into FTLR. With hedging, DESL, recovery, and a little common sense...Black Swans may fly over, but will not light.
Vincit qui se vincit.
  • #782
  • Nov 15, 2010 6:07pm Nov 15, 2010 6:07pm
Quoting Pippopotamus
for incorporating hedging imputs into FTLR. With hedging, DESL, recovery, and a little common sense...Black Swans will fly over, but will not light.
They may just poop on us from on high....
  • #783
  • Edited Nov 16, 2010 6:13am Nov 15, 2010 7:34pm | Edited Nov 16, 2010 6:13am
Looks like the recovery trades are not being assigned an SL. Just the orig. trade. Example, a trade in 2nd stage recovery...positions at .01(orig), .01a(1st stage recovery), .02(2nd stage recovery)...DESL reached and .01(orig) is history. .01a(1st stage recovery), and .02(2nd stage recovery) still marching on toward oblivion, having never been assigned an SL. BOT's next action, a new recovery trade at .02. Either the BOT is confused, or I am.
Vincit qui se vincit.
  • #784
  • Nov 16, 2010 3:27am Nov 16, 2010 3:27am
Quoting Pippopotamus
Looks like the recovery trades are not being assigned an SL. Just the orig. trade. Example, a trade in 2nd stage recovery...positions at .01(orig), .01a(1st stage recovery), .02(2nd stage recovery)...DESL reached and .01(orig) is history. .01a(1st stage recovery), and .02(2nd stage recovery) still marching on toward oblivion, having never been assigned an SL. BOT's next action, an new recovery trade at .02. Either the BOT is confused, or I am.
It is you. The dire emergency stop loss is for dire emergencies. Recovery trades don't have a stop. This is NB recovery. NB recovery does not use a stop loss.

  • #785
  • Nov 16, 2010 4:39am Nov 16, 2010 4:39am
Thought I knew it all.
Vincit qui se vincit.
  • #786
  • Nov 16, 2010 5:08am Nov 16, 2010 5:08am
Quoting Pippopotamus
Thought I knew it all.
Good Morning Pippo,
The ATR Hedge that is on the Beast is flawless....Steve has done a heck of a job with this hedge. I have tested it half a dozen times by shutting off recovery and letting the hedge handle the recovery process and it works exactly the same way you would do it manually.....it adjusts for the ADR of each pair indivually which makes it reasonable for all pairs and it works well with recovery...
If I had my way every robot would have this hedge as a user input.....So now I'll get down off my soapbox and go back to my coffee.....
Have a great day
whip
  • #787
  • Nov 16, 2010 5:25am Nov 16, 2010 5:25am
Quoting hiredwhip
Good Morning Pippo,
The ATR Hedge that is on the Beast is flawless....Steve has done a heck of a job with this hedge. I have tested it half a dozen times by shutting off recovery and letting the hedge handle the recovery process and it works exactly the same way you would do it manually.....it adjusts for the ADR of each pair indivually which makes it reasonable for all pairs and it works well with recovery...
If I had my way every robot would have this hedge as a user input.....So now I'll get down off my soapbox and go back to my coffee.....
Have...
As it happens, I was about to post asking what kind of hedging people wanted. This appears to answer the question. I will add it sometime soon.

  • #788
  • Nov 16, 2010 5:37am Nov 16, 2010 5:37am
Whip, both sipping coffee at the same time. Since my recent enlightenment, I understand your set-up better.
Vincit qui se vincit.
  • #789
  • Nov 16, 2010 2:11pm Nov 16, 2010 2:11pm
Quoting SteveHopwood
As it happens, I was about to post asking what kind of hedging people wanted. This appears to answer the question. I will add it sometime soon.

That sounds fantastic. By the way hedging with the same pair is not my favored game. As we are limited by the MT4 capability I see any hedge applied to the same pair as an equity preserving tool, with the hope that price will eventually come back to recovery levels. In other words once price is X pips away form the last recovery level L4, hedge all open position in that pair. Once price comes back to the hedge level we immediately remove the previously hedge position to let the recovery process unfold. Those two processes will stay in place till the recovery has been completed. Yes of course we will have the issue with the spread and the swap but hey we dearly hope that it does not take 10 years to unfold a recovery.

from the sunny land
  • #790
  • Edited 7:42am Nov 17, 2010 6:59am | Edited 7:42am
bleeding..."Fib level rejection order send failed with error(130):invalid stops," messages?? US/Non-US brokers, ECN/Non-ECN, 4 digit/5 digit, all(FXDD,IBFX(demo),FXOPEN(demo)[Mauritius]) the same. Only on D1 charts does the cascade cease...so far. Good Luck to all, and God Bless
Vincit qui se vincit.
  • #791
  • Nov 30, 2010 3:05am Nov 30, 2010 3:05am
Steve, or anyone that can assist

I have had FTLR working on a demo account on hourly charts all ok, making small but constant profit, with little DD and only a few recoveries necessary

But I have just reset all the accounts and reloaded the ea on a demo and now on two live accounts with all the same settings as before and can not get it to place a pending order at all

All accounts have the same crim's requirements .... min lot size, 5 digit etc so it does not appear to be the settings

On one of the live accounts I can not get it to load the User Feedback on the screen. The other live account has it as does the demo

Anyone any ideas why it will suddenly not trade on any account ?
  • #792
  • Nov 30, 2010 7:37am Nov 30, 2010 7:37am
Maybe because the crim knows that this robot can make profit, and so is blocking it!
  • #793
  • Nov 30, 2010 7:52am Nov 30, 2010 7:52am
Quoting vinesh
Maybe because the crim knows that this robot can make profit, and so is blocking it!
Good Morning.......Start on one bot and set pending order pips up to 17 or 18 and see if this helps.......US broker?.......Look in the journal for error messages.....

whip
  • #794
  • Nov 30, 2010 9:47am Nov 30, 2010 9:47am
Quoting hiredwhip
Good Morning.......Start on one bot and set pending order pips up to 17 or 18 and see if this helps.......US broker?.......Look in the journal for error messages.....

whip
Thanks Whip

Not US ... UK and AUD brokers
Other than confirmation in Journal and Experts tab that ea loaded and initialised ok absolutely nothing, it seems the ea is not attempting to place trades
Have removed it for now, will try again at some point and will try your suggestion of increasing pending order pips, but it is a mystery for sure
  • #795
  • Dec 2, 2010 1:08pm Dec 2, 2010 1:08pm
I humbly, and respectfully ask that our gracious and magnanimous benefactor add hedging function to FTLR.
Vincit qui se vincit.
  • #796
  • Dec 2, 2010 1:23pm Dec 2, 2010 1:23pm
Quoting Pippopotamus
I humbly, and respectfully ask that our gracious and magnanimous benefactor add hedging function to FTLR.
One thing you need to understand about me is this: I do not need begging in sackcloth and ashes. I am hard and can ignore this.

No, what you need to do is nag gently. Anybody who has dealt with me for any length of time will confirm that I do eventually respond to nagging. Especially when it is something I recognise would be useful and that I have promised before to do.

I tend to concentrate on whatever has attracted my attention latterly. I have the attention span of a June Bug with nooky on its mind, so said attention is easily grabbed.

And lost.

So, I want to add said hedging. I want to add said hedging. I am going to add said hedging. I just have other things grabbing my attention right now.

So, nag gently and remind me every couple of days until I do something.

  • #797
  • Edited 2:00pm Dec 2, 2010 1:33pm | Edited 2:00pm
Quoting SteveHopwood
One thing you need to understand about me is this: I do not need begging in sackcloth and ashes. I am hard and can ignore this.

No, what you need to do is nag gently. Anybody who has dealt with me for any length of time will confirm that I do eventually respond to nagging. Especially when it is something I recognise would be useful and that I have promised before to do.

I tend to concentrate on whatever has attracted my attention latterly. I have the attention span of a June Bug with nooky on its mind, so said attention is easily grabbed.

And...
your unworthy follower.
Vincit qui se vincit.
  • #798
  • Dec 2, 2010 2:55pm Dec 2, 2010 2:55pm
Pippo:

Try this gentle nag. It worked before .

Inivisible
  • #799
  • Dec 2, 2010 3:01pm Dec 2, 2010 3:01pm
Scotland, but fille on left is obviously not Scottish.
Vincit qui se vincit.
  • #800
  • Dec 2, 2010 8:58pm Dec 2, 2010 8:58pm
Quoting SteveHopwood
One thing you need to understand about me is this: I do not need begging in sackcloth and ashes. I am hard and can ignore this.

No, what you need to do is nag gently. Anybody who has dealt with me for any length of time will confirm that I do eventually respond to nagging. Especially when it is something I recognise would be useful and that I have promised before to do.



So, nag gently and remind me every couple of days until I do something.

I completely understand it Steve. I've been married too for a long, long time.
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