Just want to know if your trades were taken on the 4H TF
Brijon Concept of Threes auto trading robot by Steve Hopwood
- #287
- Feb 25, 2011 3:25am Feb 25, 2011 3:25am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Are you using a SL Steve?
- #288
- Feb 25, 2011 3:29am Feb 25, 2011 3:29am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
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 //
- #289
- Feb 25, 2011 4:08am Feb 25, 2011 4:08am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Re the duplicate trades thingy, Brian and other newcomers to EA trading will not be aware of a neat little problem with the mt4 platform.
It is crap.
I suspect deliberately so, as it allows the criminals to get away with all sorts of little scams, one of which is aimed directly at ea's.
A trade will appear in your trading window as an open trade, but this is a visual thing only. It may be a substantial period of time before it appears in the area of the platform's 'memory' that an ea searches to ascertain whether there is already an open trade.
What the criminal is hoping for is this: the delay in the trade appearing in the platform's 'memory' will cause an ea to send multiple trades - as many as possible; these trades will instantly cause huge drawdown; a small movement against the trades will blow the account and the crim gets all the users money.
Neat.
The only totally reliable way to combat this is to send an ea to sleep for a substantial period of time after it has sent a trade - there is code that attempts to avoid duplicate trades but clearly the crims have found a way around this. In the next update, I shall add a post-trade send sleep of 5 minutes.
Before I do Brian, would you please check that you have not got a duplicate chart with an instance of the bot on both. This is easy to do if you have a lot of charts open and duplicate charts will result in duplicate trades.
I shall also remove the bar on live trading. I am not sure I am doing the unwary any favours by protecting them from themselves; most of us here learned about the dangers of over-trading the same way and it is a valuable lesson to learn.
It is crap.
I suspect deliberately so, as it allows the criminals to get away with all sorts of little scams, one of which is aimed directly at ea's.
A trade will appear in your trading window as an open trade, but this is a visual thing only. It may be a substantial period of time before it appears in the area of the platform's 'memory' that an ea searches to ascertain whether there is already an open trade.
What the criminal is hoping for is this: the delay in the trade appearing in the platform's 'memory' will cause an ea to send multiple trades - as many as possible; these trades will instantly cause huge drawdown; a small movement against the trades will blow the account and the crim gets all the users money.
Neat.
The only totally reliable way to combat this is to send an ea to sleep for a substantial period of time after it has sent a trade - there is code that attempts to avoid duplicate trades but clearly the crims have found a way around this. In the next update, I shall add a post-trade send sleep of 5 minutes.
Before I do Brian, would you please check that you have not got a duplicate chart with an instance of the bot on both. This is easy to do if you have a lot of charts open and duplicate charts will result in duplicate trades.
I shall also remove the bar on live trading. I am not sure I am doing the unwary any favours by protecting them from themselves; most of us here learned about the dangers of over-trading the same way and it is a valuable lesson to learn.
- #291
- Feb 25, 2011 4:19am Feb 25, 2011 4:19am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Hi Guys,
I tried Steve's new EA and get the error messages below.
Can anyone explain what this is please?
The only solution is to close down and restart your platform.
The only totally reliable way to combat this is to send an ea to sleep for a substantial period of time after it has sent a trade - there is code that attempts to avoid duplicate trades but clearly the crims have found a way around this. In the next update, I shall add a post-trade send sleep of 5 minutes.
- #293
- Feb 25, 2011 4:33am Feb 25, 2011 4:33am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
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
This means that these two indexes can only be used together as a visual thingy and ea's cannot be coded to recognise purely visual thingies.
The best I can do at present is to code conditionals that confirm a trade if one index is falling whilst the other is rising, or cancel a trade if they are both moving in the same direction.
squalou was looking at this last week, in an attempt to combine the two indis in a single entity that can be used by an ea. In sq, we are talking serious coding ability at a level I can only dream of reaching; if he cannot combine the two indis, then it cannot be done. He has not posted an indi yet, so I assume it is not going to be possible to combine the two indexes.
- #296
- Feb 25, 2011 5:36am Feb 25, 2011 5:36am
- Joined Oct 2008 | Status: Sailing for pips | 2,099 Posts
- #298
- Feb 25, 2011 5:50am Feb 25, 2011 5:50am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
We can expect this ea to be successful during Asian trading hours. Brian lives in upside-down land, and so trades this session. He is successful; so will we be if we follow his methods.
I often awake in the morning here in the UK to find a basket or two have hit their 50 pips tp. The effect on the account balance is miraculous; I shall post details after the markets close today.
I often awake in the morning here in the UK to find a basket or two have hit their 50 pips tp. The effect on the account balance is miraculous; I shall post details after the markets close today.
- #299
- Edited 6:00am Feb 25, 2011 5:56am | Edited 6:00am
- | Joined Nov 2009 | Status: Trader | 1,196 Posts
- #300
- Feb 25, 2011 5:57am Feb 25, 2011 5:57am
- Joined Oct 2008 | Status: patiently growing wealth... | 2,655 Posts
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