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Brijon Concept of Threes auto trading robot by Steve Hopwood

  • #21
  • Feb 15, 2011 8:33pm Feb 15, 2011 8:33pm
i just quickly tried it out on 2 trades .o1 lots trades trend as per square hh ll
yesterdays close as trend both audusd and eurjpy took scalp both made small profit

ill post later on my thread but with ordeR poping up i looked at yesterdays close price and square traded trend


took small live profits for initial test seems good
USED MANUAL CONFIRMATION OF TRADE TICKED ON EA



from BRIAN
  • #22
  • Feb 15, 2011 8:37pm Feb 15, 2011 8:37pm
It is Really Stupid o'clock in the am here in the UK and I must go to bed or I will be fit for nothing later on.

I am still up because of a fascinating experience with a basket of trades. I put B onto the big 4, the psychotically deranged, au, ej, eg & ucad pairs, M15. After about an hour, all of them had a trade open.

Taking the lot as a basket, the profit has risen for about three hours. At its height, the basket was up 4% of balance.

4%? Ye Gods, we have to leave money on deposit for a year to make that in the UK.

So, a thought; it might be worthwhile using mptm to monitor all the trades as a basket, closing out at an appropriate profit target. Early days, so we shall see.

For now, I have shut down the trades and 'banked' the profit. I have left the ea running and have set up mptm to close at a global 1% profit target. Let's see what tomorrow brings.

  • #23
  • Feb 15, 2011 8:38pm Feb 15, 2011 8:38pm
Quoting brijon
i just quickly tried it out on 2 trades .o1 lots trades trend as per square hh ll
yesterdays close as trend both audusd and eurjpy took scalp both made small profit

ill post later on my thread but with ordeR poping up i looked at yesterdays close price and square traded trend


took small live profits for initial test seems good
USED MANUAL CONFIRMATION OF TRADE TICKED ON EA



from BRIAN
Excellent. Glad it worked.

  • #24
  • Feb 16, 2011 6:01am Feb 16, 2011 6:01am
I decided to shorten the display lines to tidy up the display. As part of this process, I decided to tidy up the code that displays the lines.

As part of that process, I noticed that the code to calculate yesterday's close price was wrong. Coders (and by now that should include anyone who has followed my threads for more than a month) will understand when I write that I used Close[1] not iClose(NULL, PERIOD_D1, 1);

This means that B was calculating most of the trends based on incorrect data. Mind, that makes last night's 4% a remarkable achievement.

__________________________________________

I was thinking about the trend, and have added a function to close open trades if the trend changes.

This led to some whiplash. This morning, I watched some demo buy trades trigger when the market had just risen above yesterday's close, then close after only a few seconds when the market retraced below and the 'trend' changed.

I have added this to the trade trigger code. Taking a buy as an example:

 

  1. check for a trigger only at the start of each new M1 candle
  2. market must have closed above yesterday's close
  3. market must be above yesterday's close now

I added a similar check to the trade-closure function.

Given that I coded all this before spotting my humungous bloop, it may be uncecessary, in which case it can be removed in seconds. Let's see how things go.

Update in post 1.

  • #25
  • Feb 16, 2011 8:57am Feb 16, 2011 8:57am
Latest update is in post 1.

I have added Bosun lines; you have the choice of time frame to calculate them from - defaults to W1.

B does not do anything with them apart from display the next s/r, so the question is, what to do with them?

I suggest

 

  1. not trading if making a decent profit/breakeven involves crossing within x pips of a line.
  2. closing an open trade within x pips of a linee.

Basically, though, over to you Brian.

  • #26
  • Feb 16, 2011 9:31am Feb 16, 2011 9:31am
My EA has taken an overdose of sleeping pills. It doesn't wake up! Anybody else having this problem?
  • #27
  • Feb 16, 2011 9:42am Feb 16, 2011 9:42am
Good Morning Steve,
After an update and a recompile the bot is closing a large assortment of trades and I can’t figure out why it is doing it……It doesn’t close them all, just some and I see know rhyme or reason for it….I’ve never seen a bot of yours do this before….Not a killer problem as long we are on demo…

whip
  • #28
  • Feb 16, 2011 9:46am Feb 16, 2011 9:46am
Steve,

My new laptop arrived yesterday, the other was a victim of a smash and grab from my SUV. I am searching for the description of the volatility pairs and their basis within the Beastie thread and can not find it. I want to adapt that to an old EA of mine. I recall that they categories are Low, MEd/High and Psycho deranged. I can not remember what each labels criterion is. Can you point me to where I can find it? I had a library of saved posts on the old laptop, but that went out the window. LOL




Quoting SteveHopwood
It is Really Stupid o'clock in the am here in the UK and I must go to bed or I will be fit for nothing later on.

I am still up because of a fascinating experience with a basket of trades. I put B onto the big 4, the psychotically deranged, au, ej, eg & ucad pairs, M15. After about an hour, all of them had a trade open.

Taking the lot as a basket, the profit has risen for about three hours. At its height, the basket was up 4% of balance.

4%? Ye Gods, we have to leave money on deposit for a year to make that in the UK.

So,...
  • #29
  • Feb 16, 2011 9:55am Feb 16, 2011 9:55am
I found the following quote early on in Brian's thread.

trade example from earlier
http://my.jetscreenshot.com/demo/20100621-5cri-177kb

demo trade of gbpusd .2 mini lots see earlier screensnap shot see ww formation


starting to turn ,
but until opening price goes red i would not take profit


I was wondering if this could be added to see if it does a better job than just using MPTM settings to exit trades. IE if long, exit trade on first lower open, and the opposite for Short trades. Just my 2 pips.
  • #30
  • Feb 16, 2011 9:55am Feb 16, 2011 9:55am
Quoting hiredwhip
Good Morning Steve,
After an update and a recompile the bot is closing a large assortment of trades and I can’t figure out why it is doing it……It doesn’t close them all, just some and I see know rhyme or reason for it….I’ve never seen a bot of yours do this before….Not a killer problem as long we are on demo…

whip
There is a line of code in int init(), right at the end of the function: //OldBars = Bars;

I remove the comment developing code and sometimes forget to remove the comment when posting updates. Sometime soon, I will forget to adjust the lot size as well; that will give the unwary a shock.

That line in int init() should be:
OldBars = Bars;

i.e. without the // comment sign. With the comment, the bot leaps into life before it has chance to properly calculate levels and trend etc, and so closes trades.

I have fixed the version in post 1, but this is worth watching when you edit your inputs in future updates.

  • #31
  • Feb 16, 2011 9:56am Feb 16, 2011 9:56am
Quoting panamamike
Steve,

My new laptop arrived yesterday, the other was a victim of a smash and grab from my SUV. I am searching for the description of the volatility pairs and their basis within the Beastie thread and can not find it. I want to adapt that to an old EA of mine. I recall that they categories are Low, MEd/High and Psycho deranged. I can not remember what each labels criterion is. Can you point me to where I can find it? I had a library of saved posts on the old laptop, but that went out the window. LOL
Beastie and TOB user guides, I think, and somewhere late in the ftlr thread.

  • #32
  • Feb 16, 2011 9:58am Feb 16, 2011 9:58am
Quoting SteveHopwood
There is a line of code in int init(), right at the end of the function: //OldBars = Bars;

I remove the comment developing code and sometimes forget to remove the comment when posting updates. Sometime soon, I will forget to adjust the lot size as well; that will give the unwary a shock.

That line in int init() should be:
OldBars = Bars;

i.e. without the // comment sign. With the comment, the bot leaps into life before it has chance to properly calculate levels and trend etc, and so closes trades.

I have fixed the version in post...
Thanks Steve,
It sure was a shock to me
  • #33
  • Feb 16, 2011 1:38pm Feb 16, 2011 1:38pm
Hi Steve

Thanks for another great EA to test and try out...Im still loving the beastie right now too

Can I ask a simple question, can I just leave Brijon EA on the default settings, or do I need to adjust this one.

Im with alpari uk

laters bro
  • #34
  • Feb 16, 2011 3:23pm Feb 16, 2011 3:23pm
Quoting ichidakiller
Hi Steve

Thanks for another great EA to test and try out...Im still loving the beastie right now too

Can I ask a simple question, can I just leave Brijon EA on the default settings, or do I need to adjust this one.

Im with alpari uk

laters bro
You can leave it at default; just check the lot size.

  • #35
  • Edited 4:31pm Feb 16, 2011 4:26pm | Edited 4:31pm
it would be good to use the three bar breakout square indicater as a profit taker in most cases using 4 hour time frame pips hh ll
with an alert

this was an idea by one of my skype friends Dave an excellent sujestoin

i find the 3 bar (square indicater excellent )

for this purpose as in a non volatile times its Range for swing trading is extremly accurate

as it is based on 3 bars back hh ll not including the current bar

it doesnt repaint till a breakout fractal of the range

now i personaly dont use stop losses but rely on the maket circle of profit loss and a stop loss based on account size sat max 15 %

or 3 positions at 5 % per position as an example


but one could trade the square range and the fractal of the range eg entry via steves ea 3MW

there are MANY WAYS TO DO THIS BUT THIS IS JUST A SUJESTION

NOW we all make false entries from time to time

yesterday using the ea and manual i didnt trade the trend from the top of the square i went long .01 lot testing the ea in my hurry i placed a wrong trade went out looked later it was in drawdown

but knowing the overall trend i decided to use the circle of trade loss profit loss as the overall long term was corect then

i waited out the drawdown until it was a profit and tooked the profit

SO I BELIEVE IF THE OVERALL LONGER TERM TREND THE TRADE IS CORECT
THEN ONE CAN MAKE BY PATIENCE FOR THE NATURAL CYCLE

OF
LOSS PROFIT LOSS PROFIT TO COMPLETE ITS CYCLE

crazy but the long term trend is correct one can ride out the volatility if his position size is correct ( dont be greedy)

on this snap shot i show the last trade i made incorect entry

but using the above principle a profit was the result small but profitable

these are the only three trades so far using .01 for testing Steves ea

I HOPE IT GIVES YOU A FEW IDEAS AND MAYBE STEVE CAN MAKE AN ALERT FOR THE SQUARE

LAST PROFIT .01 IS A LITTLE NOT CLEAR ON THE SNAP SHOT $3.8

from BRIAN
Attached Image (click to enlarge)
Click to Enlarge Name: ea trade mistake of mine.jpg Size: 131 KB
  • #36
  • Feb 16, 2011 4:38pm Feb 16, 2011 4:38pm
Steve,

Here is what I am observing now in EU. It is at an obvious top, you can see it nicely with the close line. it banged up to that first hump (red check) about 10 times. I closed the order that the ea opened, but it wanted to open up again. BTW this was at FEB16 21:15 bar.

I know this is a visual pattern, a nice M shape, but perhaps we could flag a possible top and allow the user to be cautious about opening a long position here, or caution to the wind.

BTW The EA is preforming brilliantly I have to say, I decided I need to tp early so I put in a fixed tp value.

T
Attached Image (click to enlarge)
Click to Enlarge Name: eu.JPG Size: 134 KB
  • #37
  • Feb 16, 2011 4:39pm Feb 16, 2011 4:39pm
Quoting brijon
I HOPE IT GIVES YOU A FEW IDEAS AND MAYBE STEVE CAN MAKE AN ALERT FOR THE SQUARE

LAST PROFIT .01 IS A LITTLE NOT CLEAR ON THE SNAP SHOT $3.8

from BRIAN
Not yet. I have quite a long list to work through already.

One thing at a time.

I need a response to my question at http://www.forexfactory.com/showpost...0&postcount=25

Cheers

  • #38
  • Feb 16, 2011 4:44pm Feb 16, 2011 4:44pm
Quoting t1minator
Steve,

Here is what I am observing now in EU. It is at an obvious top, you can see it nicely with the close line. it banged up to that first hump (red check) about 10 times. I closed the order that the ea opened, but it wanted to open up again. BTW this was at FEB16 21:15 bar.

I know this is a visual pattern, a nice M shape, but perhaps we could flag a possible top and allow the user to be cautious about opening a long position here, or caution to the wind.
I do not have even the faintest glimmering of a clue how to code a detection routine for this.

  • #39
  • Feb 16, 2011 4:45pm Feb 16, 2011 4:45pm
Quoting SteveHopwood
You can leave it at default; just check the lot size.

Brilliant thanks Steve
  • #40
  • Feb 16, 2011 5:21pm Feb 16, 2011 5:21pm
Based on my observations following the opening of IBFX Aussie's new D1 candle, I have added this to post 1:

Trading hours
B comes with the usual trading hours inputs. Input these in your own local time. I suggest you turn off trading for two hours after the start of your new D1 candle, to give the trend time to settle down and establish itself. My trading times will be reflected in the default settings, so alter these to suit yourselves.

Look out for your trading times at the next update.

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