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

  • #621
  • Feb 12, 2011 10:05am Feb 12, 2011 10:05am
I am busy tomorrow and will not have any time to spend here, so I have updated post 1 in the hope that not too many bloops will emerge as the backtesters get to work.

TOB in post 1 is the same as the one in my previous post, so those of you who have already downloaded do not need to re-download.

I have also updated the user guide; Beastie testers do not need it.

  • #622
  • Edited 5:16pm Feb 12, 2011 1:57pm | Edited 5:16pm
Awesome Steve, thanks but can you also add 2.4.2 recovery. Thank you


EDIT: Oh and not sure if you saw my little fix for that OrderSend 130 SL Errors that alot of people are complaining about;
http://www.forexfactory.com/showpost...&postcount=362
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #623
  • Feb 13, 2011 10:52pm Feb 13, 2011 10:52pm
Heads up guys. I am not sure how I managed it, but neither the version I posted a few posts ago nor the one I added to post 1 a couple of days ago are the correct version. Cheers to Ray for pointing this out.

Everyone needs to go to post 1 to download the correct version with auto-closure and volatility stuff.

  • #624
  • Edited 3:20pm Feb 14, 2011 3:01pm | Edited 3:20pm
I am trading the NB5.2 for a while with great results on 24 pairs.

Early this year I started with the "old" Beast on the following pairs (live):

EU, GU, AU, GJ, EJ

Also with very good results so far, so I would like to add some new pairs.
My question what pairs are you trading sucessfully with the Beast and how do you choose you pairs?
What´s your strategy in choosing the right pairs for the Beast or the Old Beast???

thanks
Bambo0
______________________________________________
Here my results (NB5.2) summarized by PIPs:
AUDCAD 12,45%
EURUSD 10,93%
GBPJPY 10,04%
AUDCHF 9,90%
CADJPY 9,89%
USDCHF 7,85%
USDJPY 6,97%
GBPCHF 6,96%
AUDNZD 6,92%
GBPCAD 6,85%
AUDJPY 6,53%
AUDUSD 5,20%
EURJPY 4,13%
GBPUSD 3,94%
EURGBP 3,83%
EURAUD 2,77%
USDCAD 2,28%
CHFJPY 1,13%
EURCAD -0,90%
CADCHF -3,40%
EURCHF -14,26%
_______________________________________
And (NB5.2) by Profit:
AUDNZD 14,00%
AUDCAD 13,65%
GBPJPY 10,14%
CADJPY 9,96%
EURUSD 8,96%
AUDCHF 8,52%
USDJPY 7,01%
USDCHF 6,77%
AUDJPY 6,61%
GBPCHF 5,93%
GBPCAD 5,59%
EURGBP 5,08%
AUDUSD 4,47%
EURJPY 4,16%
GBPUSD 3,26%
EURAUD 2,47%
USDCAD 1,89%
CHFJPY 1,12%
EURCAD -2,35%
CADCHF -2,81%
EURCHF -14,42%
  • #625
  • Feb 14, 2011 6:50pm Feb 14, 2011 6:50pm
Quoting Bambo0
I am trading the NB5.2 for a while with great results on 24 pairs.

Early this year I started with the "old" Beast on the following pairs (live):

EU, GU, AU, GJ, EJ

Also with very good results so far, so I would like to add some new pairs.
My question what pairs are you trading sucessfully with the Beast and how do you choose you pairs?
What´s your strategy in choosing the right pairs for the Beast or the Old Beast???

thanks
Bambo0
Thanks for posting your results.

I think I'm going to use only crosses that are low or medium volatility. These are the ones that have done the best on my backtests, with aud/cad leading the way.

I'm very hesitant to use the eur, usd, or gbp in my trading.
  • #626
  • Feb 15, 2011 2:46am Feb 15, 2011 2:46am
Hi Steve and co,
This is an Old Beast query.

I've got a question with the recovery strategy on the attached EURCAD chart. If you look at the top left you can see an open BUY 0.04 at 1.37759

And at the bottom right an open SELL 0.08 at 1.32738. This was placed after several BUY-Stops were not triggered.

I would have thought that this order should have been a BUY. The BE line showing is obviously not BE and as you can see price has passed it a couple of times without closing. (Obviously it shouldn't close there anyway)

This is the first time I've had an open order as big as 0.08 and just wonder if anyone has any ideas as to why the Old Beast has bucked !!
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.gif Size: 47 KB
  • #627
  • Feb 15, 2011 6:29am Feb 15, 2011 6:29am
Quoting Rascacio
Hi Steve and co,...

Looks to me like a hedge. Check to see if you have hedging set =TRUE and at 500 pips
  • #628
  • Feb 15, 2011 6:49am Feb 15, 2011 6:49am
Quoting MMGood47
Looks to me like a hedge. Check to see if you have hedging set =TRUE and at 500 pips
Thanks for that. hedging is true and at 500 pips !!! This is obviously my first hedge trade using TOB !!

I reckon a BUY would have been better at the Magenta line but I suppose the Hedge has superceded the chance of that trade.

Any ideas how I get rid of the BE line and add a long trade manually so that TOB will reset a BE and manage it ? I've no idea how to manipulate this sort of thing but it would be useful to know especially if this was live !!
  • #629
  • Feb 15, 2011 9:17am Feb 15, 2011 9:17am
Hi Steve,

I noticed a strange behavior in the latest version of "The Old Beast". It seems to open multiple trades at around the same level. Please see attached.

I wonder if this is normal and intended, or if it's a possible bug?

Thank you. Your work here is greatly appreciated.

P.S. As I'm writing this post, the CHFJPY pending trade (.20 lots) as well as another CHFJPY (.40 lots) have just executed.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 91 KB
  • #630
  • Feb 15, 2011 9:39am Feb 15, 2011 9:39am

  1. Broker: IBFX Australia
  2. Leverage: 1:100
  3. Lot size: 0.01 lots per $100 balance. Therefore my current lot size is 0.02. Can't wait until the balance hits $600, then I can go to the dizzy height of 0.03. This time next year...........


Hi Steve, any particular reason for IBFX Australia ?

And also with your $200 balance and 0.01 lots how many pairs are you actually running to avoid too much DD.

I'm thinking of opening a live account for either/both TOB and Beastie and am just trying to figure in some safety factors so any pointers would help.

  • #631
  • Feb 15, 2011 10:11am Feb 15, 2011 10:11am
Quoting doc816
Hi Steve,

I noticed a strange behavior in the latest version of "The Old Beast". It seems to open multiple trades at around the same level. Please see attached.

I wonder if this is normal and intended, or if it's a possible bug?

Thank you. Your work here is greatly appreciated.

P.S. As I'm writing this post, the CHFJPY pending trade (.20 lots) as well as another CHFJPY (.40 lots) have just executed.
Cheers. That's a bug. I hadn't noticed, because I have spent the day coding an ea for Brijon's Threes system (coming to a thread near you soon; Whip, you are going to love it).

Fix in post 1, or coders, go to void CalculateTrades()

Replace
if (RecoveryInProgress && TopLine < ReEntryLineVal) return;
with
if (TopLine < ReEntryLineVal) return;

and
if (RecoveryInProgress && BottomLine > ReEntryLineVal) return;
with
if (BottomLine > ReEntryLineVal) return;

  • #632
  • Feb 15, 2011 10:13am Feb 15, 2011 10:13am
Quoting Rascacio
[list][*]Broker: IBFX Australia[*]Leverage: 1:100[*]Lot size: 0.01 lots per $100 balance. Therefore my current lot size...
'Cos I already had an IBFX account and it was easy to transfer the balance over.

I trade anything that moves so long as I recognise its pair symbol.

  • #633
  • Feb 15, 2011 10:13am Feb 15, 2011 10:13am
Just got TOB going this weekend.....can't wait to see how this one does.....it sure has a great pedigree...

whip

P.S. By the way as far back as I can remember I've loved everything you've written......

http://www.myfxbook.com/widgets/85160/medium.jpg
  • #634
  • Feb 15, 2011 10:24am Feb 15, 2011 10:24am
Quoting SteveHopwood
'Cos I already had an IBFX account and it was easy to transfer the balance over.

I trade anything that moves so long as I recognise its pair symbol.

Ta very much Steve, much appreciated as always.
  • #635
  • Feb 15, 2011 10:35am Feb 15, 2011 10:35am
Brijon is a great guy to tag Steve....Read a bunch of his threads including (one of your favorites and mine) his Trader 101 stuff....Really knows the business IMHO....

whip
  • #636
  • Feb 15, 2011 10:40am Feb 15, 2011 10:40am
Quoting SteveHopwood
Cheers. That's a bug. I hadn't noticed, because I have spent the day coding an ea for Brijon's Threes system (coming to a thread near you soon; Whip, you are going to love it).

Fix in post 1, or coders, go to void CalculateTrades()

Replace
if (RecoveryInProgress && TopLine < ReEntryLineVal) return;
with
if (TopLine < ReEntryLineVal) return;

and
if (RecoveryInProgress && BottomLine > ReEntryLineVal) return;
with
if (BottomLine > ReEntryLineVal) return;

Thanks steve. Looking forward to testing it further. So far TOB looks very promising - maybe the best one yet.
  • #637
  • Feb 15, 2011 11:54am Feb 15, 2011 11:54am
New toy to play with guys - http://www.forexfactory.com/showthre...72#post4400872


  • #638
  • Feb 16, 2011 4:14pm Feb 16, 2011 4:14pm
Re Recovery, please bear in mind the contents of the post at http://www.forexfactory.com/showpost...&postcount=459 and my reply two posts later.

I shall look into this and clear up the code in TOB. In the meantime, remember that a Start_Recovery_at_trades that is not set to 2 might not work properly.

  • #639
  • Feb 16, 2011 6:40pm Feb 16, 2011 6:40pm
Is this recovery bug only happening in forward tests?
Seems to work fine when I just tested in backtest (see pic)
Trade 29 0.01, trade 30 0.01, trade 31 0.02 and trade 32 0.04 (1.1.2.4)
Attached Image (click to enlarge)
Click to Enlarge Name: Recovery.JPG Size: 61 KB
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #640
  • Feb 16, 2011 6:59pm Feb 16, 2011 6:59pm
Quoting matrixebiz
Is this recovery bug only happening in forward tests?
Seems to work fine when I just tested in backtest (see pic)
Trade 29 0.01, trade 30 0.01, trade 31 0.02 and trade 32 0.04 (1.1.2.4)
It doesn't apply here if you start recovery at 2 open trades. The bug affects Beastie; looking at the code makes me think that it will not work properly here if users adopt a higher recovery threshold.

People should have Recovery kicking in at 2 open trades; this is how I trade TOB successfully on my live account and only an idiot argues with that. I might just cut the crap and enforce Recovery at 2 open trades, for the sake of my own sanity.

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