Sixths trading - an EA by macman, Bob and Steve mk 2

Oh, absolutely. But without tremendous flexibility, cranium shape is a moot point.

missing primary trades on gbpusd, usdcad and possibly later on gbpjpy. my screenshot:

who knows whats wrong?

You might want to consider buying GBPJPY for the following reasons.

1. The GBP is at a big low against the JPY.
2. An earthquake has hit the pacific area.

Scoobs.

Scoobs GBPJPY has been basically at near its all time low from back in 08 for the most of this year though. Thanks for the headsup though! I'll definitely be on the lookout once the new year rolls through.

What I meant to say was that the GBP is too low against the JPY given current market conditions, it generally has an operating range against the YEN which is now broken. Taking this into account with the earlier goings on in the pacific region then there will be a positive retrace during the Asian and London sessions.

So, basically this is an ideal situation for a retrace of around 80-120 points (4 digit broker).

Scoobs.

Cheers Scoobs. Much appreciated as always.

The latest update is in post 1.

I have added more code to try to overcome the multiple-trade thingy - I have reintroduced the sleep time after a trade send. TB will sleep for 1 minute after sending a trade.

I have given users a choice of which line to use to close Normal and Aggressive trades. From the user guide:

Normal and Aggressive Trade Closure
Users can control where TB closes these trades by setting one of these three inputs to true:

 

1. CloseTradeAtGold
2. CloseTradeAtGreen
3. CloseTradeAtMiddleWhiteLine

You can also allow TB to work out the trade closure line for you, by setting AutoCalcTradeClosureLine to true. This uses nanningob's volatility list to decide where to close trades. In his V5 thread, Bob posted this list:

 

1. VERY VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 75% OF THE TIME.
   a. GBP/NZD, EUR/NZD, GBP/AUD, GBP/CAD, GBP/JPY
2. VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 50% OF THE TIME
   a.GBP/CHF, CAD/JPY, EUR/CAD, EUR/AUD, USD/CHF, GBP/USD, EUR/JPY
3. MEDIUM VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 25% OF THE TIME.
   a. NZD/JPY, AUD/CHF, AUD/JPY, USD/JPY, EUR/USD, NZD/CHF, CAD/CHF,
4. LOW VOLATILITY GROUP:THEY WILL MOVE OVER 300 PIPS IN ONE WEEK LESS THAN 25% OF THE TIME.
   a. AUD/NZD, NZD/USD, CHF/JPY, AUD/CAD, USD/CAD, NZD/CAD, AUD/USD, EUR/CHF, EUR/GBP

TB lumps groups 2 and 3 together, so:

 

1. group 1 trades will close at the middle, white line
2. group 2 & 3 trades will close at the nearest green line
3. group 4 trades will close at the nearest gold line

Thanks steve

It appears my multiple trades were due to normal AND aggressive orders filled filled. Going forward, I'll demo with normal OR aggressive switched on - unless your latest post sorted this out.

just trying various cominations on strategy tester to come up with the best results on back test.. not having much joy here. Anyone else having any decent luck?

bit early though. Strong support isn't until 127.50 or even 126.50.

anyway, a bit o/t

merry xmas etc.

also with your latest version it just wont take any trades it seems. here the screenshot where it should take an order at the purple dotted line, and on the left side the pending trade display ea:

Mine has taken trades mostly as desired today.

Remember that a robot cannot take trades when disconnected from the crim's server. These disconnections are hidden from a user viewing events subsequently; all we see is a missed trade.

These disconnections take two froms:

 

1. Our computer is disconnected from the internet. This happens about once every 5 minutes here in the technologically advanced UK, where we cannot cope with a bit of cold weather.
2. Criminal disconnections, especially from our demo accounts. These happen about twice a minute with some crims - and some pretty 'reputable' ones as well.

This is the downside of hiding our activities from the crim. When the trading window is passed, that is it; it is gone.

Hi Steve,
As luck would have it I'm running a pair that doesn't show up in the NB low-vol list.......Can I take a shot at adding the EURGBP to the list or will the house of cards come tumbling down....

whip

EDIT.....Well it worked.....You must have heard me hit the wall all the way across this little pond just to the east of me...

i do have some old ticks now and then, but not at the moment of the screenshot, could there be any other reason? with the old beast everything worked fine, but since the new one, i dont get any trades anymore.

Well done whip. Anyone using ea's and having access to the source code should be able to make this sort of basic edit - it makes life so much easier.

I missed EURGBP off the list by accident, so I have added it to the post 1 version.

This also highlighted a hole in my logic that could leave some pairs without a closure target, so I have fixed this, Normal and Aggressive trades default to Gold line closure and are 'promoted' if they belong to a higher volatility group. I have added some screen feedback to show which one TB is using.

This is an essential redownload folks.

[quote=SteveHopwood;4260897
This is an essential redownload folks.[/quote]

Just wondering what happens when the relevent tp line gets redrawn above / below the order entry price if price moves against the trade ?

Steve and all members of this thread.

Just wanted to say thanks for all your efforts in making this a great end for the year.

My sincere wishes for a happy Christmas and a fantastic and prosperous 2011.

All the best..

I also would like to thank you all for your contribution this year. I can feel we are getting ever closer to the holy grail.

I also want to thank Steve for not banning me from his threads in 2010. Lets see if he has any success in 2011 (I have a few annoying questions planned).

I fully endorse.

Frankalde

It is not always easy to work out which trades came from which trading method once they have closed.

Some time in the next few days, I will:

 

1. make TB add the relevant comments to trades when the account is a demo; this will make it easier to work out which of the three systems is the most profitable. I shall disable this for live trading - nobody should be doing this yet.
2. Somewhere along the line in the evolution, Beastie has lost the re-entry line. I think this needs reintroducing.
3. along with 2), I plan automating the Start_Recovery_at_trades input. This only applies to Normal and Aggressive, and I think should start at trading systems + 1. It should start at 2 if only Normal or Aggressive are being traded; it should start at 3 if both are being traded.

I have enjoyed a magnificent week trading The Old Beast live. The pre-Xmas week is a week that a lot of traders avoid like the plague, yet tob has made 1% and a really troublesome group of Recovery trades closed, (chfjpy) courtesty of the pair tanking yesterday.

So, as we approach the end of the year, things look absolutely brilliant.

-------------------------------------------------------------------------

Many thanks to all of you who have contributed so many useful ideas, tips, bloop edits and code help.

Equal pride of place go to: Bob, without whom we would not have had the Sixths indi and all that has flowed from it; macman, whose ideas sparked the evolution of The Beast only a few short weeks ago. It feels as though TB has been a major animal in my life for ever, yet it is only a short time in reality.

I am not going to try to name all the others. Inevitably, I would leave some out. You know whom you are; without you, my code would still be about -6 months in development.

There are contributors here who first started following my work when I was haltingly coding KG's basket trader more than two years ago. We have all grown and developed as traders. Some pretty terrific traders have enhanced our knowledge and understanding; again, you know who you are and our heartfelt gratitude goes out to you.

So, those of you for whom Christmas is a date to celebrate have a great time over the next few days. Even I am not going to do any coding for a couple of days - maybe even 3. Start watching for updates from Tuesday though; my fingers will have started to twitch by then.

I do not anticipate posting in this vein this time next year. By then, our accounts will be growing at a satisfying rate and I will not be coding 3 ea's a week. I wonder what I shall do with the spare time? Some decent piano practise would not go amiss. We shall see.