Brijon Concept of Threes auto trading robot by Steve Hopwood | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Equity Millipede Concept by Concept 99 replies

From Concept To Profitable Trading 104 replies

How many strategies do you employ in a single trading concept? 16 replies

Algorithm Trading Concept (ATC) 4 replies

Concept:waiting for price to break. 4 replies

Attachments: Brijon Concept of Threes auto trading robot by Steve Hopwood
Exit Attachments

Brijon Concept of Threes auto trading robot by Steve Hopwood

  • #261
  • Feb 24, 2011 9:31pm Feb 24, 2011 9:31pm
STEVE IM USING THIS IN LIVE TRADING SEMI AUTO TRADING THE ALERTS BUT it works alerts off auto but not live TRADING

so live i can only trade semi auto mode as fully auto it wont enable

a small point no problem as one can take signals from either demo input live or use alert pop up on live only

but if future on ea looks positive live to do full auto this restriction should be lifted as on can live or demo turn off and on the ea

from BRIAN
  • #262
  • Feb 24, 2011 10:09pm Feb 24, 2011 10:09pm
steve i understand the reason for leaving it unable to trade fully auto till code is perfect no hassels

im trading live by using demo trades and trading live and noticed trades generated auto arnt the sane as live alert trades on different brokers

so it is wise to leave out the option till its been proven on not only demo but live and which broker as the discrepency of trade advises between demo and live are varied
on different brokers ive noticed

from BRIAN //
  • #263
  • Feb 24, 2011 10:16pm Feb 24, 2011 10:16pm
Look good only testing for under 1 hour new ea looks good
on alerts

3 trades 3 profits

fast in out scalps


from brian
  • #264
  • Feb 24, 2011 10:26pm Feb 24, 2011 10:26pm
Ill show here example of trade unstable as both brians index and dollar move in same direction

its a sign of caution for trade

best is indexs of both moving opposite coming to center
  • #265
  • Feb 24, 2011 10:28pm Feb 24, 2011 10:28pm
EMBARASED SORRY
Attached Image (click to enlarge)
Click to Enlarge Name: 2TRAKING SAME DIRECTION UNSTABLE.jpg Size: 86 KB
  • #266
  • Edited 10:37pm Feb 24, 2011 10:33pm | Edited 10:37pm
SteveHopwood
MVp. I do not use the Royal 'We'.

Member Since Apr 2007
6,125 Posts

The latest update is in post 1; this adds the ability to the global order closure feature to close all the trades when their combined total reaches a pre-determined pips count. From the updated user guide:

ProfitInPips: set this to 'true' if you want mptm to calculate the number of pips profit that your open position reaches, and close it at a pre-defined total.
PipsProfit: your pips target.

A few of us are enjoying success on demo accounts using the ea at http://www.forexfactory.com/showthread.php?t=280999 as a basket trader. The new feature is to aid us in this.

Update from post 1.



__________________
Be glad when I ignore your pm; you probably would not enjoy the reply.


ps/ there is no settings in this great bot as ProfitInPips or PipsProfit ??? any idea ?

I use your great bot as basket now too.....(live testing), scary good !!!!!
sorry do you use M15 as Brian ?

cheers
  • #267
  • Feb 24, 2011 10:36pm Feb 24, 2011 10:36pm
So this is an example of currency out of synce with normal market behavior of coursr it is a sign if many gaps on these 2 are wide apart and moving towards each other
are good signs

together with buyers and sellers tick sepearted volumes help add conviction to the trade

usualy trades with the characteristics of the above screen shot are trades i try and aviod as out of step with the market behavour


from BRIAN
  • #268
  • Edited 11:10pm Feb 24, 2011 11:01pm | Edited 11:10pm
Quoting brijon
Ill show here example of trade unstable as both brians index and dollar move in same direction

its a sign of caution for trade

best is indexs of both moving opposite coming to center
can you explain little better please , what do you mean , when you say it is the best when the dollar and brianindex comes in center ? (btw...Brianindex is great indi...and thanks again)....
like this (both on one window , one can use it as mirror indi, and trade crosses, of course in the direction of the daily, major trend !)
and I find your strategy and Steve's bot excellent on daily bars too !!!

cheers
  • #269
  • Feb 24, 2011 11:32pm Feb 24, 2011 11:32pm
Quoting argon

ps/ there is no settings in this great bot as ProfitInPips or PipsProfit ??? any idea ?

I use your great bot as basket now too.....(live testing), scary good !!!!!
sorry do you use M15 as Brian ?

cheers
Argon,

It's in the MPTM thread in post 1, not this thread.

Regards,

Murray
  • #270
  • Feb 24, 2011 11:36pm Feb 24, 2011 11:36pm
Quoting muzza
Argon,

It's in the MPTM thread in post 1, not this thread.

Regards,

Murray
thanks Murray

cheers
  • #271
  • Edited 11:53pm Feb 24, 2011 11:41pm | Edited 11:53pm
firstly as traders grow older and wiser they tend to look for daily trading as you do / it reqires skill and understanding of volatility and drawdown and account management

so if one understands basic concepts of 101s basket trading
and the influece of the anchor currencys this center cross over the 50%

is simular to the early days before offline charts of the usdjpy 50% fib

as an indicater of the 14 currency time to enter buys or sells of the 14

ok so brians index applied to the dollar index at the 50% is a simular indication

so one can even do a more sophisticated method with the brians index mod overlay using adding the 23.6 and the 63.8 levels for fine tuning tunning lines

so the 50% level cross over is a continuation of trend or if both dont break the 50% it could indicate a small reversal

hope this crude explanation helps

from Brian


Quoting argon
can you explain little better please , what do you mean , when you say it is the best when the dollar and brianindex comes in center ? (btw...Brianindex is great indi...and thanks again)....
like this (both on one window , one can use it as mirror indi, and trade crosses, of course in the direction of the daily, major trend !)
and I find your strategy and Steve's bot excellent on daily bars too !!!

cheers
  • #272
  • Feb 24, 2011 11:48pm Feb 24, 2011 11:48pm
hope this makes things clearer
Attached Image (click to enlarge)
Click to Enlarge Name: brians ind and dollar.jpg Size: 115 KB
  • #273
  • Feb 25, 2011 12:13am Feb 25, 2011 12:13am
Thanks to Brian and Steve for your contributions
Brian - Your trade history image; in GMT time? I'm try to back track your trade.
It's great to go back and read your previous post and attachment - suggested for new traders and people that can't keep up.
attach is my setup on vps - only those with good understanding of MT4 installations may download.
*EJ, EG, AU, Ucad is set up to trade, the rest is to alert only.
Attached File(s)
File Type: zip Brijon-getting.zip   69 KB | 435 downloads
  • #274
  • Edited 12:37am Feb 25, 2011 12:29am | Edited 12:37am
Quoting brijon
firstly as traders grow older and wiser they tend to look for daily trading as you do / it reqires skill and understanding of volatility and drawdown and account management

so if one understands basic concepts of 101s basket trading
and the influece of the anchor currencys this center cross over the 50%

is simular to the early days before offline charts of the usdjpy 50% fib

as an indicater of the 14 currency time to enter buys or sells of the 14

ok so brians index applied to the dollar index at the 50% is a simular indication...
yes, is it clear now what you was saying ....
but using daily trend-bars & major trend, and 1H cross-overs looks great to me !!! even as mirror too !!!
cheers
  • #275
  • Feb 25, 2011 12:40am Feb 25, 2011 12:40am
fitst time i checked its gmt +2 hours i think



Quoting getting
Thanks to Brian and Steve for your contributions
Brian - Your trade history image; in GMT time? I'm try to back track your trade.
It's great to go back and read your previous post and attachment - suggested for new traders and people that can't keep up.
attach is my setup on vps - only those with good understanding of MT4 installations may download.
*EJ, EG, AU, Ucad is set up to trade, the rest is to alert...
  • #276
  • Feb 25, 2011 12:48am Feb 25, 2011 12:48am
just noticed auto put on 2 trades same time on same currency

http://my.jetscreenshot.com/demo/20110225-4tzk-14kb
  • #277
  • Feb 25, 2011 1:04am Feb 25, 2011 1:04am
quickly took profit on one as it went loss to profit , left other on
only took $12.0
  • #278
  • Feb 25, 2011 1:11am Feb 25, 2011 1:11am
http://my.jetscreenshot.com/demo/20110225-5a22-41kb
  • #279
  • Feb 25, 2011 1:17am Feb 25, 2011 1:17am
normaly i avoid fridays but i tested live via semi

not much time but closed all live trades out all in profit

these above snap shot were demo TRADES AUTO ENTRYS
so i thing semi auto putting on trades manual is safer if there is abug hicup you can control it but over all ea looks good except bug doubling trades
ON THOSE 2

from BRIAN
  • #280
  • Edited 1:27am Feb 25, 2011 1:22am | Edited 1:27am
Quoting getting
Thanks to Brian and Steve for your contributions
Brian - Your trade history image; in GMT time? I'm try to back track your trade.
It's great to go back and read your previous post and attachment - suggested for new traders and people that can't keep up.
attach is my setup on vps - only those with good understanding of MT4 installations may download.
*EJ, EG, AU, Ucad is set up to trade, the rest is to...


if this your words " It's great to go back and read your previous suggested for new traders and people that can't keep up.
attach is my setup on vps - only those with good understanding of MT4 installations may download." was directed to me, then are more then just silly and I dont remember that I have ask you anything at all !!!
1 trader viewing now