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Brijon Concept of Threes auto trading robot by Steve Hopwood

  • #441
  • Feb 28, 2011 8:40pm Feb 28, 2011 8:40pm
Quoting astral77
Cheers Brian, yes it does help. Put it simply trading times do NOT matter, as long as there is VOLATILITY and LIQUIDITY (as per mark Fisher's ACD method), there is profit.
Bless you
Hi,

I run it with no TP/SL, but I have no idea when to take profit or stop loss...

I tried it yesterday and today I found there is $5 floating profit(0.01lot for all pairs)

pls. help
No one wants to be defeated~
  • #442
  • Feb 28, 2011 8:55pm Feb 28, 2011 8:55pm
Quoting brijon
Think patience not greed watch the price loss profit loss

indicater free trading

from brian
Can you tell me when the astrological aspects must be respected? Thanks
  • #443
  • Feb 28, 2011 10:53pm Feb 28, 2011 10:53pm
i dont think thats a subject for here its a seperate subject
but tommoro is gans astro major turning points , i think
im no expert

from BRIAN



Quoting E2u
Can you tell me when the astrological aspects must be respected? Thanks
  • #444
  • Feb 28, 2011 11:16pm Feb 28, 2011 11:16pm
this is not the thread


read larry pesavants astro cycyles[ for info

here is this months cycles for your interest only


quote=E2u;4436201]Can you tell me when the astrological aspects must be respected? Thanks[/quote]
Attached File(s)
File Type: doc astro.doc   55 KB | 363 downloads
  • #445
  • Mar 1, 2011 12:35am Mar 1, 2011 12:35am
here is the trades using latest steves and his teams ea

in semi auto mode
Attached Image (click to enlarge)
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  • #446
  • Mar 1, 2011 1:48am Mar 1, 2011 1:48am
here are the last few trades up over $400 for today


the ea keeps getting beter for semi auto scalping
Attached Image (click to enlarge)
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  • #447
  • Mar 1, 2011 3:03am Mar 1, 2011 3:03am
Quoting E2u
Can you tell me when the astrological aspects must be respected? Thanks

Uranus
He was looking for the card so high and wild hed never need to deal another
  • #448
  • Mar 1, 2011 3:09am Mar 1, 2011 3:09am
Quoting brijon

the ea keeps getting beter for semi auto scalping
'Semi auto' are the key words here because this EA on its own will blow your account away without the correct settings.

I think you're probably better at deciding when or when not to take a trade than you think Brijon, unless of course you're hiding away all those open losing trades that are steadily building up in the background.

I once came across a guy called Don Steinitz (who many people probably have) and he used a similar technique of showing 100% winners. He claimed his systems traded out at 100% win record. What he forgot to say that there were hundreds of open trades losing much more in the background.
He was looking for the card so high and wild hed never need to deal another
  • #449
  • Mar 1, 2011 4:33am Mar 1, 2011 4:33am
7 TRADES ON IN DRAWDOWN ,DRAWDOWN TO ACCOUNT SIZE UNDER 5%

WHATS THE PROBLEM im going to sleep ea turned off

ps im a little offended that you think im hidding loosing trades and compare me with steinze

who charges traders

i run drawdown within tight limits of about 2.3% to account size im comfortable with 5% to 10%

so i have always 7 or 8 max trades in drawdown im happy i dont have a problem

good night ill sleep soundly with my trades and drawdown

FROM brian

Quoting dr_who
'Semi auto' are the key words here because this EA on its own will blow your account away without the correct settings.

I think you're probably better at deciding when or when not to take a trade than you think Brijon, unless of course you're hiding away all those open losing trades that are steadily building up in the background.

I once came across a guy called Don Steinitz (who many people probably have) and he used a similar technique of showing 100% winners. He claimed his systems traded out at 100% win record. What he forgot to say that...
  • #450
  • Mar 1, 2011 4:49am Mar 1, 2011 4:49am
current drawdown

im not worryed testing the ea and drawdown under weeks trades

eas not complete yet i have always said i run with drawdown

and gave %
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  • #451
  • Mar 1, 2011 4:58am Mar 1, 2011 4:58am
i dont charge or ask for reward ive been trading for a living for 35 years never charged a cent for my knowledge or intend to

i dont trade using principles that arnt based on buisness model of equity to growth bank overdraft(drawdown to account size)sales to stock turnover ratios

slowmoving stock

so percentage sales to stock(turnover ) ideal stock levels


ect if you understood buisness sales stock growth equity overdraft to support sales ect ect

you can trade the forex as a buisness

my buisness is not selling you programs or anything

its bs what people have to take giving or trying to give knowledge for nothing

from brian
  • #452
  • Mar 1, 2011 5:06am Mar 1, 2011 5:06am
Quoting brijon
its bs what people have to take giving or trying to give knowledge for nothing

from brian
Relax Brian. I am sure dr_who meant no offence and will be along soon with clarification of his/her remarks.

Cheers

  • #453
  • Mar 1, 2011 5:24am Mar 1, 2011 5:24am
Steve, Brian,

the way the "Tick Separated Volume" value is calculated looks somewhat overcomplicated to me...

Let me explain:

the basic formulas are these:
-- taken from the indicator, and based on "current bar"([0]) for simplicity, but they are about the same in the EA, which allows using a different timeframe)


Inserted Code
      UpTicks = (Volume[0]+(Close[0]-Open[0])/Point)/2;
      DownTicks = Volume[0]-UpTicks;

Then the filter tells to trade Long when UpTicks>DownTicks, and vice versa for Short.


To me, this is no different then just comparing Close[0] to Open[0], i.e. the candle color (green/red):

UpTicks and DownTicks will give values "centered" on Volume[0]/2, Upticks adding (Close-Open)/Point/2, while Downticks is subtracting that same (Close-Open)/Point/2 value.

So:
if Close>Open, then Upticks>DownTicks, and filter=go long;
if Close<Open, then Upticks<DownTicks, and filter=go short;

In other words:
Green candle ==> "Tick Separated Volume" = go Long
Red candle ==> "Tick Separated Volume" = go Short

(applied to the given "VolumeTimeFrame" candles in the EA)

I'm only talking about the TickVolume filter here.


Brian:
The "Tick Separated Volume" is supposed to estimate the number of buyers against number of sellers.
But it seems not doing this any better than just green/red candle.

Would that rather supposed to be comparing the number of "real up ticks" vs "real down ticks", i.e. we should "record" each tick and increment "UpTicks" each time Bid > previousBid, and increment "DownTicks" in the other case ?
Then we can really compare "up ticks" to "down ticks", regardless of how much is each tick accounting to price itself.

Any thoughts ?

Sq
  • #454
  • Mar 1, 2011 5:51am Mar 1, 2011 5:51am
Steve,

in LookForTradingOpportunities(), there is:

Inserted Code
   //Cater for no tradedirection determination choice   
   if (!UseD1Close && !UseW1Close) tradedirection = up;
just before checking to go long, and later on the opposite for short;

If we set UseD1Close and UseW1Close false, then this means it overrides any other filters eventually used in GetTradeDirection();

However, GetTradeDirection() already has the same kind of filter:

Inserted Code
void GetTradeDirection()
{
   tradedirection = none;
   //'Naked' threes
   if (!UseD1Close && !UseW1Close)
   {
      if (Bid > Yclose) tradedirection = up;
      if (Bid < Yclose) tradedirection = down;
   }//if (!UseD1Close && !UseW1Close)
==> would allow long if price is higher than yesterday's close (short when lower);

and then the resulting "tradedirection" may be altered by additional filters (tick volume, lsma, etc)


So, i wonder if the check in LookForTradingOpportunities() would better get removed, in order not to mask what GetTradeDirection() does ?
(Possibly a remainder of an early B version ?...)


Sq
  • #455
  • Mar 1, 2011 6:01am Mar 1, 2011 6:01am
Hi, can you explain how this indicator works, i have a red line with various levels and a breakeven line - do i need to add anything else or is this as it is and the swings to say -100 or +100 reflect usd weakness or strength in relation to other currencies
  • #456
  • Mar 1, 2011 6:16am Mar 1, 2011 6:16am
Latest update is in post 1.

 

  1. Looking at the charts, it seems clear that I mis-interpreted stuff about the Square, so I have re-coded this. Please read the details in the automated trade direction section of post 1.
  2. Added consideration of Bosun lines to the trade direction decision. Please read the details in the automated trade direction section of post 1.

Also:

Quoting squalou
Would that rather supposed to be comparing the number of "real up ticks" vs "real down ticks", i.e. we should "record" each tick and increment "UpTicks" each time Bid > previousBid, and increment "DownTicks" in the other case ?
Then we can really compare "up ticks" to "down ticks", regardless of how much is each tick accounting to price itself.

Any thoughts ?

Sq
Makes total sense, so I have acted on this. As is, B resets UpTicks and DownTicks at the beginning of each candle. Should we leave a longer gap in between resets?

Quoting squalou
So, i wonder if the check in LookForTradingOpportunities() would better get removed, in order not to mask what GetTradeDirection() does ?
Cheers. Great stuff as always.

  • #457
  • Mar 1, 2011 7:08am Mar 1, 2011 7:08am
Quoting censura
Hi, can you explain how this indicator works, i have a red line with various levels and a breakeven line - do i need to add anything else or is this as it is and the swings to say -100 or +100 reflect usd weakness or strength in relation to other currencies

I posted this Basket Profit indicator as an attempt to solve the "Brian's Doll" hassle, with no success yet... (determining when BrianIndex crosses DollarIndex).

The levels and BE vertical line are visual reference points to measure the line moves.
You can change the "scale" of the level lines by playing with the "WeightFactor" input.

But we don't use it in this system.
This is not a Basket system (although some of us use MPTM to close trades based on account profit target).

SQ
  • #458
  • Mar 1, 2011 7:40am Mar 1, 2011 7:40am
Some of you will be interested in my latest mptm update. Details at http://www.forexfactory.com/showpost...&postcount=714

  • #459
  • Mar 1, 2011 8:15am Mar 1, 2011 8:15am
Quoting SteveHopwood
Relax Brian. I am sure dr_who meant no offence and will be along soon with clarification of his/her remarks.

Cheers


Yes, you're right. I didn't mean any offence and didn't want to compare you to Don Steinitz in a commercial sense.

But what I don't want people to think is that you can load this EA up and it will begin to pour money into their account without any attention.

My own view is that the EA is probably best managed closely and manually and I suspect your profits are more based on your experience rather than the EA itself.
He was looking for the card so high and wild hed never need to deal another
  • #460
  • Mar 1, 2011 9:08am Mar 1, 2011 9:08am
Hey Steve,

I just wanted to let you know, I just had a duplicated buy trade on usdchf only about 1 second apart.
I can post more detailed infos if you need them.
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