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Brijon Concept of Threes auto trading robot by Steve Hopwood

  • #381
  • Feb 27, 2011 2:20am Feb 27, 2011 2:20am
Quoting ForexKiwi
Been reading up on this thread and it's got my interest - particularly with it appearing to suit global trading.

Call me old fashioned, but as a guy who has been badly burnt before by not utilising stop losses, I just have to know what the worst is that can happen to my account before I feel safe entering a trade. I am therefore going to spend the week testing with a global stop loss. To start the week off I have set $50 global TP with a global SL set at -$150. Will let you know how it goes.

Cheers
FK
I can tell you how it will go; your account will get killed. Basket trading always results in heavy dd before the basket moves into profit. Basket stops are hit 9 times out of 10.

  • #382
  • Feb 27, 2011 2:33am Feb 27, 2011 2:33am
Quoting brijon
here is the indictor steve
Cheers. How do you use it?

  • #383
  • Feb 27, 2011 3:23am Feb 27, 2011 3:23am
more buyers demand long more sellers demand
short

not compicared supply and demand now



Quoting SteveHopwood
Cheers. How do you use it?

  • #384
  • Feb 27, 2011 3:35am Feb 27, 2011 3:35am
Quoting brijon
more buyers demand long more sellers demand
short

not compicared supply and demand now
Purely now or do you take any previous candles into account?

  • #385
  • Feb 27, 2011 4:31am Feb 27, 2011 4:31am
i dont use candles just a check number of buyers sellers i use the line chart with the number of buyers and sellers as a confirmation of entry supply demand more buyers long stength more sellers short strength
i use for weight of evidence

but 3 mw now 15 min frame is based only on price and trend

pure use so the scalping trade principles are based on trading as per the logical trader by mark fisher

i use that and weight of evidence


for profit take based on the brokers spread and logic trading

cycle trading weight of evidence for entry is selecting via ea

conditions based on trend and square 3mw for me

actual trading is after entry via ea i use logic trading for profit take based on time frame cycle profit loss profit

so i use weight of evidence for trade entry more points in agreement stronger is entry

then trade begins no indicaters nesesary only logic cyclic of loss profit loss scalping 15 minute frame

i think as there is no perfect entry we atempt to at least find the trend and use multi indications like yesterdays close ect as your ea does

i go further in weight of evidence as you see trying best to nail down greatest number supporting entry


after entry will never be best entry as brokers spread means loss profit loss probabilty on any entry

we are then faced with 3 possibilities current entry will go in now cycle loss profit loss for scalping small time frame

2/ will stay loss for longer cyclic trading based on the corect identification of trend then profit

3 / we can manage our drawdown by corerct account management till the long term cycle of the currency

LIKE ALL BUISNESSES IF YOU ARE GENERATING MORE SALES YOUR ACCOUNT GROWS AND THE DRAWDOWN LOWERS % IN PROPORTION TO SALES PROFITS AS YOU UNDERSTAND


4/ IN THIS METHOD WE CAN CONTROL DRAWDOWN WITH % OF PROFIT TO LOSS TEMPORARY EG 1 K MAX 100 DRAWDOWN 1200 K 120 DRAWDOWN


EG ONLY BUT IN MY METHOD ONE SHOULD NEVER REACH ABOVE 10% DRAW DOWN TO ACCOUNT SIZE IF YOU USE CORECT LOTS SIZE AND MAX 7 CURRENCY IN TRADE AT ONE TIME IS MY METHOD


SO THERE ARE 2 TYPES OF TRADES SUPERMARKET AND BOTIQUE TRADES

MANY TRADES SMALL PROFITS OR BOTIQUE SMALL HIGH PROFIT SALES SMALL VOLUME TURN OVER


OR MIX AND MATCH

not helpful i know but in my reply is the method i use for trading

there is no right or wrong way but i hope this gives you ideas for other eas as well

ive tried to share the basics of my non ea or semi auto ea that you have developed which for me works great

THE CRITEREA I USE IS AS YOUR PAGE 1

I TRADE WITHIN THAT CRIERA SCALPING , MEDIM TERM TRADING LONG TERM TRADING USING THE SWAP INTERST CURENCYS KNOWLEDGE I HAVE

SO INCONCLUSION I DONT KNOW HOW TO ADD TO THE DEVELOPMENT OF THIS EA BUT IF NOTHING ELSE IT AIDS ME IN TRADING AND DOES A GREAT JOB

IDONT KNOW HOW ELSE TO HELP YOU BUT TRY MY BEST TO ANSWER QUESTIONS ON HERE

MY GREATEST THANK TO YOU AND YOUR FABULOUS TEAM

FROM BRIAN
  • #386
  • Feb 27, 2011 5:04am Feb 27, 2011 5:04am
Latest update is in post 1. I have added the Volumes thingy - please read Automated trade direction confirmation for details.You do not need the indi; B does the calculation.

Brian, how do you use the LSMA indi?

  • #387
  • Feb 27, 2011 6:43am Feb 27, 2011 6:43am
Quoting SteveHopwood
Strange. Me neither. I will try to remember to release without 1 lot sizes.

Any ideas, anyone?

Just a thought
are you compiling
.1 or .01
OR
0.1 0.01
the zero before the decimal in front may make the difference
  • #388
  • Edited 10:49am Feb 27, 2011 10:38am | Edited 10:49am
Hi Steve, Brian and DC,
I think I have found a solution to the 1 in the lot size that won’t let me compile the mq4 files…..If I add a .0 to the 1 (1.0) it will compile……Then once compiled I can change the lot size any way I want then recompile and all is well……
Other than this work-around I don’t have a clue why I can’t just adjust and compile a full lot without there being a decimal point and a zero with the 1…..

Thanks to all who tried to help

whip
  • #389
  • Feb 27, 2011 12:21pm Feb 27, 2011 12:21pm
FOR MANUAL TRADING LSMA IS A GREAT HELP FOR SEE CHANGE OF TREND AGAINST PRICE , i use it on 2 time frames on a 15 minute chart

so setting 21 and 336 both one one chart 15 minutes shows in this screen shot shows the white 3 mw pRice top lsma GRREN YELLOW RED
IN SQUARE THE 336 AND THE RED 21 SHOWING 4 HOUR TREND

so the lsma if find simple the best for using the great 4 hour setting 21 on a chart and 336 which is the conversion for 15 minutes of the 21

now you have 2 indicaters showing actual trend in 2 time frames

as an accurate display of the trend visualy

one great trader uses the 2 hour chart with simular method

we all trade different but it is good and as its liner regression ema it is in my opinion more price now reactive i find



Quoting SteveHopwood
Latest update is in post 1. I have added the Volumes thingy - please read Automated trade direction confirmation for details.You do not need the indi; B does the calculation.

Brian, how do you use the LSMA indi?

Attached Image (click to enlarge)
Click to Enlarge Name: LSMA 336 15 MIN AND 21 4 HOURS.jpg Size: 155 KB
  • #390
  • Feb 27, 2011 12:38pm Feb 27, 2011 12:38pm
Quoting brijon
FOR MANUAL TRADING LSMA IS A GREAT HELP FOR SEE CHANGE OF TREND AGAINST PRICE , i use it on 2 time frames on a 15 minute chart

so setting 21 and 336 both one one chart 15 minutes shows in this screen shot shows the white 3 mw pRice top lsma GRREN YELLOW RED
IN SQUARE THE 336 AND THE RED 21 SHOWING 4 HOUR TREND

so the lsma if find simple the best for using the great 4 hour setting 21 on a chart and 336 which is the conversion for 15 minutes of the 21

now you have 2 indicaters showing actual trend in 2 time frames

as an accurate display...
Sorry Brian, but I have no idea what all this means.

Do me a favour, please, and post a template with lsma set up as you use it; I can extract the inputs from this.

Cheers

  • #391
  • Feb 27, 2011 12:54pm Feb 27, 2011 12:54pm
2 lsma settings for 15 min chart 1 lsma 21 setting other lsma 336 setting

from brian

Quoting SteveHopwood
Sorry Brian, but I have no idea what all this means.

Do me a favour, please, and post a template with lsma set up as you use it; I can extract the inputs from this.

Cheers

Attached File(s)
File Type: tpl steve requesr ro lsma.tpl   45 KB | 365 downloads
  • #392
  • Feb 27, 2011 1:15pm Feb 27, 2011 1:15pm
Here is a set file that I made for latest version. Can someone run it in the strat tester. I got great results but......I have incomplete history I've downloaded it many times and triied different platforms just can't get a good download G.D. MT4

For what I had it was 99% wins
I know spreads are f'd on the weekends but it will give you the idea if it is any good
Let me know thatnks
Attached File(s)
File Type: zip bj 1.zip   1 KB | 458 downloads
  • #393
  • Feb 27, 2011 1:15pm Feb 27, 2011 1:15pm
Quoting brijon
2 lsma settings for 15 min chart 1 lsma 21 setting other lsma 336 setting

from brian
Great. That helps a lot.

Now, simple question so simple answer please.

What do you use the lsma 336 for?

  • #394
  • Feb 27, 2011 1:45pm Feb 27, 2011 1:45pm
15 minute frame 336 is 15 min setting of the 4 hour setting 21

all idea settings have different setings in diferent time frames

from BRIAN

PE AS IM VERY BUSY FOR NEXT 3 WEEKS TO SO I WONT HAVE MUCH TIME FOR TESTING EA

JUST QUICK QUE STIONS AND ANSWERS

MOST READERS WILL BE HAPPY HE HE
  • #395
  • Feb 27, 2011 1:51pm Feb 27, 2011 1:51pm
Quoting dryclean
Here is a set file that I made for latest version. Can someone run it in the strat tester. I got great results but......I have incomplete history I've downloaded it many times and triied different platforms just can't get a good download G.D. MT4

For what I had it was 99% wins
I know spreads are f'd on the weekends but it will give you the idea if it is any good
Let me know thatnks
http://www.forexfactory.com/showpost...0&postcount=11

Long winded work around of getting good data, but worked for me today.

His scripts in this thread work a charm.

JC
  • #396
  • Feb 27, 2011 1:56pm Feb 27, 2011 1:56pm
Quoting brijon
15 minute frame 336 is 15 min setting of the 4 hour setting 21

all idea settings have different setings in diferent time frames

from BRIAN

PE AS IM VERY BUSY FOR NEXT 3 WEEKS TO SO I WONT HAVE MUCH TIME FOR TESTING EA

JUST QUICK QUE STIONS AND ANSWERS

MOST READERS WILL BE HAPPY HE HE
Yes, but what do you use it for?
  • #397
  • Feb 27, 2011 2:40pm Feb 27, 2011 2:40pm
Quoting Waka
http://www.forexfactory.com/showpost...0&postcount=11

Long winded work around of getting good data, but worked for me today.

His scripts in this thread work a charm.

JC
Looks like a pain in the arse
will give a try
thanks
  • #398
  • Feb 27, 2011 2:59pm Feb 27, 2011 2:59pm
Quote
Stop now, and remember I respect you and your skill or I would not have vouched for you. I do not allow unpleasantness in my threads unless it is me flaming some poor miscreant for asking silly questions. Hypocritical I know, but there you are.
Sorry, Steve, but he came back with the sarcastic answer first (yes, I looked Brijon and didn't find what I needed!). All he had to do was either post the indicator or point me in the direction I needed since I did not see it in the thread, and I wouldn't have had to reply with a little sarcasm.

Quote
Please read post 1 with care. My intention is that everything you need to use the ea is there. If you are not trying to use the ea, then you are in the wrong thread.
Quote
but i think problem with many traders they dont read the thread before asking questions as most has been posted here or on my thread

for those who dont want to use eas why are they on here ?
Look, I respect both of you, but just because I do not want to use the EA doesn't mean I can't find the basic strategy of the EA interesting and viable for manual trading? I never tell anyone "hey, you can't read through any of my threads for information" just because someone doesn't want to use one of my EA's I post, come on now.
  • #399
  • Feb 27, 2011 3:20pm Feb 27, 2011 3:20pm
Hi Dryclean,
Which pairs have you tested and for which years? I have continuous M1 and M15 data for a few pairs from 01-01-2007 onwards with a broker whose GMT offset is +1. Please let me know which pairs you would like and I can zip them and email it to you or attach here if they allow). Thanks.

Thanks.

Quoting dryclean
Here is a set file that I made for latest version. Can someone run it in the strat tester. I got great results but......I have incomplete history I've downloaded it many times and triied different platforms just can't get a good download G.D. MT4

For what I had it was 99% wins
I know spreads are f'd on the weekends but it will give you the idea if it is any good
Let me know thatnks
  • #400
  • Feb 27, 2011 3:24pm Feb 27, 2011 3:24pm
longer answer

trend cofirmation visual

forest trees the leaves

eg we have the day trend yersterdays close the weeks trend bosuns lines

monthy 32 ad 34 fib square is range'

the lsma gives you the 4 hour and the 15 minute visual

SO THESE ARE THE TRENDS OF ALL THE FRAMES LONG TERM
MONTHLY , WEEKLY DAILY MISSING 4 HOURLY LSMA
15 MINUTE LSMA


so in fact its in accordance with 3 price now and trend in 5 frames i use for visual confirmation of entrys following the trend

using 3mw price action now


sorry had to return to pure threes roots of trading 3mw now

using the metaphore of seeing the overall forest then going dowm to seeing the leaves as described om my threadof threes basic system

these are the trend seeing it down to a macro trend

hope this helps


great work steve

from BRIAN





Quoting SteveHopwood
Yes, but what do you use it for?
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