Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

I have only booted beastie for the first time this morning OOTB settings and now have 4 CT trades open

I notice the turquoise recovery re entry line is drawn on the chart with only one open trade ( I expected it would be drawn only when 2 trades are open and recovery is in play )
And it is drawn at 50 pips from the opened trade and not the re entry value as shown in the user comments ( suggesting it is being drawn at the MinPipsFromLastEntry distance in error )

Is everyone seeing this ?

A quick poll guys

Steve has said the defaults in Beastie represent how HE likes to trade
' Start Recovery Pips At Trade ' defaults to 2

What is everyone else using for this setting ?

I have always had The Old Beast running at 3

Just want to see if I am missing something and what everyone thinks

1. MinPipsFromLastEntry: the minimum pips distance between trades if Beastie finds itself in the position to take further trades. Unless in Recovery, Beastie uses this input to draw the re-entry line.

Ahhhha A new feature since TOB
Thanks

Morning Folks :-)

Steve I was wondering when your next tinkering with the bot if you could look at maybe implementing some kind of sleep timer for the manual alert system.

something like maybe the initial alert when price tags the correct area in question then maybe a counter that's makes it sleep for say 30 mins ? until the next manual alert is generated.

Just a though, otherwise the manual alerts are spot on so far, fantastic for us lazy gits who don't wont screen time haha

Cheers,

Morgan.

My intention was for there to be just one alert but forgot to add the code to delete the global variable that sets Beastie looking for a trade trigger. My guess is your inbox was filling with alerts at every tick. Sorry about that.

Quick fix in post 1; sing out if it does not work properly as I have not tested it.

Excellent,

cheers Steve thanks for that.

Good Morning Steve,
After 3 days this puppy is rolling along.......It does trade!

whip

http://www.myfxbook.com/widgets/79143/medium.jpg

Hehe. Remember a few posts ago, I was wondering why Beastie kept on sending double AUDCHF trades?

It is because I had it set up on two AC charts.

What a spoon.

Hey Steve I'm going to update to the latest beastie in post 1 this morning, I just want to let you know what happened yesterday evening. Beastie opened 22 trades on EurAud all within 9 pips of one another. The update may have the fix for this but I just wanted to let you know. All these were trend trades and it appears there may have been a news spike at 19:30 est.

This all happened in a period of about 25 minutes and upon further review, there weren't any open at the same time. It just continued opening trades, as one closed it immediately opened a new one. The thing is it says closed at hidden TP but they were all 10-20 pip losses. Hmmm

I am speculating, but what might have happened is this:

 

1. news caused a spike
2. spike caused a trade trigger
3. crim had widened the spread, so the trade opened with its spread > the hidden stop, so Beastie closed the trade
4. conditions for trading were still in place, so Beastie sent another trade.......

We might need a maximum spread filter.

A maximum spread filter would work and maybe a wait for (?) minutes before opening new trades. Thanks.

Nice curve whip... but the DD is pretty high...

Absolutely on target Steve... crims are just waiting for EAs to fail in this situation...

However, it is not necessarily their own fault... supply/demand gets completely dry around news release, which means brokers simply cannot find any "better" price feed...

Note that you still have relatively low-spread ticks in the middle of those wide-spread ticks (see tickdata sample below), which gives room for EAs to enter-and-get-stopped-out multiple times in a very short time even with a spread filter...


Spread filter for entering AND closing trades (in hidden SL mode), and a no-new-trade-timer are both needed to get around this.

This is where forward testing , and backtesting ON TICK DATA with REAL SPREAD are so useful to discover these pitfals.
(how to get Dukascopy tickdata and use it on MT4: http://eareview.net/tick-data )

Here is a sample of EURAUD tick data around 00.30 GMT last night (19:30 EST): (Dukascopy tick data):

Spread was widen from the regular 5pips to ... 13pips, and spiked up to.... 22.6 pips !!! (and that's Dukascopy, if you see what i mean...)

time-------------------------Bid-------Ask------Spread
2011.01.25 00:29:45.131 1.36726 1.36776 5
2011.01.25 00:29:45.578 1.36726 1.36776 5
2011.01.25 00:29:45.695 1.36728 1.36785 5.7
2011.01.25 00:29:47.817 1.36729 1.36784 5.5
2011.01.25 00:29:47.932 1.36729 1.36784 5.5
2011.01.25 00:29:48.555 1.36724 1.36802 7.8
2011.01.25 00:29:48.662 1.36724 1.36796 7.2
2011.01.25 00:29:49.512 1.36715 1.36796 8.1
2011.01.25 00:29:49.624 1.36715 1.36791 7.6
2011.01.25 00:29:50.176 1.36731 1.36797 6.6
2011.01.25 00:29:51.206 1.36716 1.36797 8.1
2011.01.25 00:29:51.313 1.36716 1.36864 14.8
2011.01.25 00:29:51.432 1.36716 1.36864 14.8
2011.01.25 00:29:51.762 1.36716 1.36859 14.3
2011.01.25 00:29:52.421 1.3673 1.36859 12.9
2011.01.25 00:29:52.534 1.36727 1.36859 13.2
2011.01.25 00:29:53.222 1.36727 1.36859 13.2
2011.01.25 00:29:53.907 1.36727 1.36859 13.2
2011.01.25 00:29:56.185 1.36727 1.36851 12.4
2011.01.25 00:29:56.296 1.36727 1.36861 3.3
2011.01.25 00:29:57.404 1.3677 1.36904 13.4
2011.01.25 00:29:57.513 1.36782 1.36902 12
2011.01.25 00:29:59.012 1.36782 1.36856 7.4
2011.01.25 00:29:59.232 1.36729 1.36868 13.9
2011.01.25 00:29:59.783 1.36729 1.36866 13.7
2011.01.25 00:30:00.653 1.3673 1.36866 13.6
2011.01.25 00:30:00.872 1.36728 1.36866 13.8
2011.01.25 00:30:01.395 1.36707 1.36835 12.8
2011.01.25 00:30:01.507 1.36713 1.36841 12.8
2011.01.25 00:30:01.625 1.36718 1.36841 12.3
2011.01.25 00:30:01.952 1.36713 1.36843 13
2011.01.25 00:30:03.154 1.3674 1.36853 11.3
2011.01.25 00:30:03.803 1.36893 1.36912 1.9
2011.01.25 00:30:04.325 1.36799 1.37025 22.6
2011.01.25 00:30:04.433 1.37003 1.37075 7.2
2011.01.25 00:30:04.541 1.37021 1.37107 8.6
2011.01.25 00:30:05.383 1.37113 1.37198 8.5
2011.01.25 00:30:05.914 1.37113 1.37198 8.5
2011.01.25 00:30:06.026 1.37113 1.37198 8.5
2011.01.25 00:30:06.133 1.37073 1.37198 12.5
2011.01.25 00:30:06.241 1.37062 1.37198 13.6
2011.01.25 00:30:06.766 1.37064 1.37198 13.4
2011.01.25 00:30:07.488 1.37071 1.37176 10.5
2011.01.25 00:30:07.823 1.37169 1.37198 2.9
2011.01.25 00:30:08.297 1.37169 1.37198 2.9
2011.01.25 00:30:08.396 1.37153 1.37198 4.5
2011.01.25 00:30:08.503 1.37153 1.37198 4.5
2011.01.25 00:30:09.193 1.37128 1.37198 7
2011.01.25 00:30:09.307 1.37164 1.37198 3.4
2011.01.25 00:30:09.948 1.3716 1.37198 3.8
2011.01.25 00:30:10.163 1.37143 1.37198 5.5
2011.01.25 00:30:10.274 1.37126 1.37198 7.2
2011.01.25 00:30:10.383 1.37126 1.37198 7.2
2011.01.25 00:30:10.864 1.37124 1.37198 7.4
2011.01.25 00:30:10.979 1.37153 1.37198 4.5
2011.01.25 00:30:11.654 1.37153 1.37198 4.5
2011.01.25 00:30:11.983 1.3712 1.37198 7.8
2011.01.25 00:30:12.590 1.37114 1.37187 7.3
2011.01.25 00:30:12.711 1.37094 1.37177 8.3
2011.01.25 00:30:12.824 1.37094 1.37184 9
2011.01.25 00:30:13.358 1.37094 1.37196 10.2
2011.01.25 00:30:13.478 1.37102 1.37186 8.4
2011.01.25 00:30:13.705 1.37119 1.37196 7.7
2011.01.25 00:30:14.359 1.37123 1.37187 6.4
2011.01.25 00:30:14.693 1.37113 1.37166 5.3
2011.01.25 00:30:15.259 1.37113 1.37167 5.4
2011.01.25 00:30:15.378 1.37073 1.37137 6.4
2011.01.25 00:30:15.493 1.37073 1.37137 6.4
2011.01.25 00:30:15.712 1.37073 1.37137 6.4
2011.01.25 00:30:16.268 1.37083 1.37147 6.4
2011.01.25 00:30:16.384 1.37083 1.37147 6.4
2011.01.25 00:30:16.493 1.37083 1.37147 6.4
2011.01.25 00:30:16.843 1.3708 1.37166 8.6
2011.01.25 00:30:17.421 1.37108 1.37187 7.9
2011.01.25 00:30:18.157 1.37102 1.37186 8.4
2011.01.25 00:30:18.277 1.37087 1.37167 8
2011.01.25 00:30:18.828 1.3706 1.37126 6.6
2011.01.25 00:30:19.163 1.3706 1.37126 6.6
2011.01.25 00:30:19.384 1.37054 1.37117 6.3
2011.01.25 00:30:19.927 1.37054 1.37136 8.2
2011.01.25 00:30:20.049 1.37073 1.37127 5.4
2011.01.25 00:30:20.621 1.37096 1.37166 .4
2011.01.25 00:30:20.738 1.37068 1.37125 .2
2011.01.25 00:30:20.854 1.37069 1.37132 6.3
2011.01.25 00:30:20.963 1.37069 1.37132 6.3
2011.01.25 00:30:21.293 1.37089 1.37139 5
2011.01.25 00:30:21.863 1.37093 1.37145 5.2
2011.01.25 00:30:22.194 1.37055 1.37104 4.9
2011.01.25 00:30:22.660 1.37053 1.37104 5.1
2011.01.25 00:30:22.779 1.37065 1.37139 7.4
2011.01.25 00:30:22.897 1.37063 1.37157 9.4
2011.01.25 00:30:23.017 1.37069 1.37168 9.9
2011.01.25 00:30:24.275 1.37103 1.37176 7.3
2011.01.25 00:30:25.024 1.37114 1.37186 7.2
2011.01.25 00:30:25.146 1.37113 1.37192 7.9
2011.01.25 00:30:25.254 1.37104 1.37192 8.8
2011.01.25 00:30:25.363 1.37103 1.37187 8.4
2011.01.25 00:30:25.962 1.371 1.37177 7.7
2011.01.25 00:30:26.079 1.37083 1.37167 8.4
2011.01.25 00:30:26.303 1.37084 1.37161 7.7
2011.01.25 00:30:26.969 1.37084 1.37156 7.2
2011.01.25 00:30:27.294 1.37094 1.37176 8.2
2011.01.25 00:30:27.972 1.37104 1.37187 8.3
2011.01.25 00:30:28.084 1.37114 1.37187 7.3
2011.01.25 00:30:28.417 1.37121 1.37187 6.6
2011.01.25 00:30:28.878 1.37121 1.37195 7.4
2011.01.25 00:30:29.000 1.37114 1.37196 8.2
2011.01.25 00:30:29.554 1.37124 1.37197 7.3
2011.01.25 00:30:30.102 1.37131 1.37206 7.5
2011.01.25 00:30:30.217 1.37143 1.37233 9
2011.01.25 00:30:30.335 1.37153 1.37233 8
2011.01.25 00:30:30.444 1.37154 1.37237 8.3
2011.01.25 00:30:31.134 1.37153 1.37247 9.4
2011.01.25 00:30:32.016 1.37153 1.37247 9.4
2011.01.25 00:30:32.131 1.37163 1.37247 8.4
2011.01.25 00:30:32.355 1.37173 1.37247 7.4
2011.01.25 00:30:32.574 1.37173 1.37267 9.4
2011.01.25 00:30:33.149 1.37157 1.37247 9
2011.01.25 00:30:33.486 1.37156 1.37247 9.1
2011.01.25 00:30:34.045 1.37167 1.37236 6.9
2011.01.25 00:30:34.593 1.37156 1.37237 8.1
2011.01.25 00:30:35.467 1.37164 1.37236 7.2
2011.01.25 00:30:36.024 1.37163 1.37237 7.4
2011.01.25 00:30:36.645 1.37153 1.37217 6.4
2011.01.25 00:30:36.762 1.37153 1.37227 7.4
2011.01.25 00:30:37.098 1.37158 1.37248 9
2011.01.25 00:30:37.736 1.37158 1.37256 9.8
2011.01.25 00:30:37.850 1.37154 1.37247 9.3
2011.01.25 00:30:39.643 1.37172 1.37237 6.5
2011.01.25 00:30:39.865 1.3716 1.37237 7.7
2011.01.25 00:30:40.422 1.37164 1.37237 7.3
2011.01.25 00:30:40.752 1.37164 1.37227 6.3
2011.01.25 00:30:42.702 1.37153 1.37226 7.3
2011.01.25 00:30:43.231 1.37147 1.37236 8.9
2011.01.25 00:30:43.801 1.37144 1.37226 8.2
2011.01.25 00:30:43.922 1.37143 1.37227 8.4
2011.01.25 00:30:44.475 1.37143 1.37226 8.3
2011.01.25 00:30:45.138 1.37147 1.37226 7.9
2011.01.25 00:30:45.474 1.37165 1.37216 5.1
2011.01.25 00:30:46.906 1.37165 1.37226 6.1
2011.01.25 00:30:47.125 1.3715 1.37226 7.6
2011.01.25 00:30:47.803 1.37133 1.37196 6.3
2011.01.25 00:30:48.783 1.37133 1.37197 6.4
2011.01.25 00:30:48.924 1.37121 1.37186 6.5
2011.01.25 00:30:49.475 1.37126 1.37186 6
2011.01.25 00:30:50.044 1.37113 1.37171 5.8
2011.01.25 00:30:50.377 1.37108 1.37176 6.8
2011.01.25 00:30:50.869 1.37113 1.37176 6.3
2011.01.25 00:30:50.990 1.37065 1.37123 5.8
2011.01.25 00:30:51.105 1.37069 1.37126 5.7
2011.01.25 00:30:51.217 1.37066 1.37122 5.6
2011.01.25 00:30:51.750 1.37062 1.37122 6
2011.01.25 00:30:51.871 1.37069 1.37119 5
2011.01.25 00:30:51.986 1.37061 1.37117 5.6
2011.01.25 00:30:52.214 1.37051 1.37106 5.5
2011.01.25 00:30:52.884 1.37043 1.37117 7.4
2011.01.25 00:30:52.997 1.37052 1.37116 6.4
2011.01.25 00:30:53.116 1.37044 1.37116 7.2
2011.01.25 00:30:54.273 1.37048 1.37116 6.8
2011.01.25 00:30:54.495 1.37043 1.37105 6.2
2011.01.25 00:30:54.606 1.37045 1.37105 6
2011.01.25 00:30:55.158 1.37044 1.37105 6.1
2011.01.25 00:30:55.278 1.37046 1.37106 6
2011.01.25 00:30:55.397 1.3705 1.37107 5.7
2011.01.25 00:30:55.517 1.37053 1.37106 5.3
2011.01.25 00:30:55.636 1.37057 1.37116 5.9
2011.01.25 00:30:56.207 1.37054 1.37113 5.9
2011.01.25 00:30:56.322 1.3704 1.37102 6.2
2011.01.25 00:30:56.656 1.37054 1.37111 5.7
2011.01.25 00:30:57.185 1.37046 1.37106 6
2011.01.25 00:30:57.303 1.37044 1.37116 7.2
2011.01.25 00:30:57.531 1.37054 1.37116 6.2
2011.01.25 00:30:57.646 1.37055 1.37126 7.1
2011.01.25 00:30:58.417 1.37054 1.37126 7.2
2011.01.25 00:30:58.535 1.37053 1.37126 7.3
2011.01.25 00:30:58.645 1.37056 1.37126 7
2011.01.25 00:30:58.974 1.37063 1.37126 6.3
2011.01.25 00:30:59.084 1.37067 1.37126 5.9
2011.01.25 00:31:00.047 1.37063 1.37126 6.3
2011.01.25 00:31:00.725 1.37064 1.37127 6.3
2011.01.25 00:31:00.945 1.37074 1.37135 .6
2011.01.25 00:31:01.530 1.37074 1.37148 7.4
2011.01.25 00:31:02.085 1.37074 1.37148 7.4
2011.01.25 00:31:02.193 1.37074 1.37148 7.4
2011.01.25 00:31:02.773 1.37083 1.37156 7.3
2011.01.25 00:31:03.327 1.3708 1.37146 6.6
2011.01.25 00:31:03.444 1.3708 1.37146 6.6
2011.01.25 00:31:03.985 1.3708 1.37147 6.7
2011.01.25 00:31:04.023 1.37086 1.37147 6.1
2011.01.25 00:31:04.681 1.37086 1.37147 6.1
2011.01.25 00:31:04.905 1.37083 1.37146 6.3
2011.01.25 00:31:05.559 1.37084 1.37146 6.2
2011.01.25 00:31:05.679 1.37074 1.37146 7.2
2011.01.25 00:31:05.905 1.37078 1.37146 6.8
2011.01.25 00:31:07.320 1.37078 1.37146 6.8
2011.01.25 00:31:07.544 1.37078 1.37146 6.8
2011.01.25 00:31:08.974 1.37078 1.37146 6.8
2011.01.25 00:31:09.084 1.37078 1.37146 6.8
2011.01.25 00:31:09.305 1.37084 1.37146 6.2
2011.01.25 00:31:10.162 1.37077 1.37146 6.9
2011.01.25 00:31:10.384 1.37077 1.37146 6.9
2011.01.25 00:31:10.499 1.37081 1.37155 7.4
2011.01.25 00:31:10.615 1.37097 1.37155 5.8
2011.01.25 00:31:10.726 1.37103 1.37173 7
2011.01.25 00:31:10.838 1.37102 1.37165 .8
2011.01.25 00:31:11.402 1.37107 1.37172 6.5
2011.01.25 00:31:11.517 1.37107 1.37179 7.2
2011.01.25 00:31:11.635 1.37103 1.37179 7.6
2011.01.25 00:31:11.746 1.37103 1.37179 7.6
2011.01.25 00:31:12.322 1.37107 1.37177 7
2011.01.25 00:31:12.442 1.37113 1.37182 6.9
2011.01.25 00:31:12.775 1.3711 1.37182 7.2
2011.01.25 00:31:13.331 1.37103 1.37179 7.6
2011.01.25 00:31:13.451 1.3711 1.37181 7.1
2011.01.25 00:31:13.936 1.3711 1.37181 7.1
2011.01.25 00:31:14.155 1.37125 1.37186 6.1
2011.01.25 00:31:14.719 1.37113 1.37181 6.8
2011.01.25 00:31:14.834 1.37113 1.37186 7.3
2011.01.25 00:31:17.436 1.37113 1.37187 7.4
2011.01.25 00:31:17.989 1.37113 1.37186 7.3
2011.01.25 00:31:18.515 1.37113 1.37182 6.9
2011.01.25 00:31:19.299 1.37144 1.37198 5.4
2011.01.25 00:31:21.494 1.37143 1.37197 5.4
2011.01.25 00:31:22.727 1.37143 1.37196 5.3
2011.01.25 00:31:23.286 1.37144 1.37196 5.2
2011.01.25 00:31:23.809 1.37139 1.37193 5.4
2011.01.25 00:31:23.933 1.37124 1.37184 6
2011.01.25 00:31:24.377 1.37123 1.37181 5.8
2011.01.25 00:31:25.354 1.37123 1.37182 5.9
2011.01.25 00:31:25.575 1.37123 1.37187 6.4
2011.01.25 00:31:26.935 1.37123 1.37187 6.4
2011.01.25 00:31:27.883 1.37123 1.37187 6.4
2011.01.25 00:31:28.003 1.37126 1.37186 6
2011.01.25 00:31:28.334 1.37123 1.37182 5.9
2011.01.25 00:31:28.446 1.37124 1.37179 5.5
2011.01.25 00:31:28.556 1.37123 1.37179 5.6
2011.01.25 00:31:29.358 1.37113 1.37179 6.6
2011.01.25 00:31:29.482 1.37115 1.37186 .5
2011.01.25 00:31:29.594 1.37119 1.37186 .1
2011.01.25 00:31:29.706 1.37121 1.37184 6.3
2011.01.25 00:31:29.925 1.37123 1.37184 6.1
2011.01.25 00:31:30.143 1.37124 1.37182 5.8
2011.01.25 00:31:30.897 1.37124 1.37184 6
2011.01.25 00:31:31.018 1.37128 1.37185 5.7
2011.01.25 00:31:31.356 1.37133 1.37176 4.3
2011.01.25 00:31:31.701 1.37143 1.37174 3.1
2011.01.25 00:31:32.824 1.37144 1.37172 .6



SQ

Cheers sq.

Coming soon:

 

1. max spread filter
2. 1 hour post-hidden stop loss closure sleep

I have added a maximum spread input - found in the odds and ends bit. This applies to both trading styles.

I have added a 1 hour sleep to the trend trading order close function.

Hi guys. I am hoping someone can correct me. Basically I have run a back test on the strategy - i put trend trading trades as 0.4 lots and countertrend at 0.5.

I had a look at the results of the pairs. Many, many of the trend trading trades were losers. In fact I found that the EA was more profitable with counter trend trades only!

I have run the back test with 90% ticks.. on a visual back test too.

HI VIV

Steve mentioned something regarding the fact that the trend module does not back test properly. Maybe it is due to that. I am in a rush and do not have time to look at the past posts. please have a look.

kind regards

Yes.. i read that before when i was skimming through.. but i thought it was aimed at weekend back testers.

Either way, the most reliable way of testing is forward testing. I will read the previous posts again and see.

Hi Steve,
Enclosed is a long CT side trade that should have closed at the nearest green line. This is the second one of these I've seen....both were long. I have all your updates and I'm on my usual 4-digit crook...The trade is still running.....
Sorry Steve....I had it on AutoClose using NBob's List
whip