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

  • #521
  • Mar 2, 2011 2:01pm Mar 2, 2011 2:01pm
One must never forget that we are swimming with sharks. They have totally corrupted the equity, commodity and metals markets. FX was the next logical step.

Wall Street can never get enough and it never sleeps.
  • #522
  • Mar 2, 2011 2:09pm Mar 2, 2011 2:09pm
clue using for non us who trade outside us firms

have an enormous tool for controlling drawdown but you have to think

1+1=3


try and think of broks cost to you and there spread ajustments

thinking gives you the possibilities

THINK OUT SIDE THE SQUARE

one needs to ajust fast to changing market conditions

i have

from BRIAN
  • #523
  • Mar 2, 2011 2:15pm Mar 2, 2011 2:15pm
Hi Brian , at just before 5pm New York time is that the time to close any open trades open or do we leave them into the next day to benefit from roll over interest
  • #524
  • Mar 2, 2011 2:19pm Mar 2, 2011 2:19pm
Meeting market new inovations


use demo ea settings default ajust lot size

2 take profit 50

trailing profit 3 turn on square
turn on volume 5
turn on lsma

i dony like setting paterns for the crims so i prefer in real live trading

run learn and watch

think think think

semi auto is better but demo

learn buisness management of trades

but first have fun in demo its for learning

testing boundrys

from brian
  • #525
  • Mar 2, 2011 2:20pm Mar 2, 2011 2:20pm
Will respond to high speed trading i think

from brian
  • #526
  • Mar 2, 2011 2:28pm Mar 2, 2011 2:28pm
Last trade setting tp 50 -3 trailing hidden stop

think why 3

see last trade 30 profit
trailing profit

ps i do manual
in live

see last trade

ps i dont want the crims to see how i control dd on non us
broks accounts
Attached Image (click to enlarge)
Click to Enlarge Name: cylic time 3mw acd now.jpg Size: 304 KB
  • #527
  • Mar 2, 2011 2:40pm Mar 2, 2011 2:40pm
Loss profit loss

volume trades account balance increases slowly

drawdown to new balance becomes manageble eg 50 k opening balance sales 2400 balance 52400

drawdown for ezample

$ 3000

how much is actual account in draw down

not 5% but current balance is day 49500 is less than 2%

you have bought stock and curencys for sale


and its on your shelf at a cost current of $500

sales stock turn over profiiT

new way of looking at draw down

as a buisness

without turn over of stock through sales you have no buisness just cost

my crazy thinking

god bless from brian
  • #528
  • Edited 3:20pm Mar 2, 2011 3:01pm | Edited 3:20pm
Quoting brijon
Meeting market new inovations


use demo ea settings default ajust lot size

2 take profit 50

trailing profit 3 turn on square
turn on volume 5
turn on lsma

i dony like setting paterns for the crims so i prefer in real live trading

run learn and watch

think think think

semi auto is better but demo

learn buisness management of trades

but first have fun in demo its for learning

testing boundrys

from brian
I had all things set as you say, but volume 5 wasn't (was 0)and wasn't square ts....
and I haven't say black overnight, it is black day (euro/dollar,and others london/new york )

cheers

ps/ still thinking the crims are dangerous ...coz this is zero sum money game...someone have to lose, and other wins.... thats all truth and high -frequency - trading is more then 4000 trades a day !!!!!!
and thanks for the advices

cheers
  • #529
  • Mar 2, 2011 3:04pm Mar 2, 2011 3:04pm
Quoting brijon
Last trade setting tp 50 -3 trailing hidden stop

think why 3

see last trade 30 profit
trailing profit

ps i do manual
in live

see last trade

ps i dont want the crims to see how i control dd on non us
broks accounts
and your charts are offline ????????

cheers
  • #530
  • Mar 2, 2011 3:14pm Mar 2, 2011 3:14pm
Quoting censura
Hi Guys, just a observation, i have been running Is it an idea to filter trades and close them after a preset time ie 59min - i understand this willl cut back on the winning trades but will also from my own observations cut down significantly the big lossers. Just a thought perhaps we can do more data review of this
One suggestion is to close our entry (if the market goes against us) when current bar closes more than 50% Fib. in the opposite direction of the previous bar/hh/ll, the EA will automatically close it. This will certainly lower or dd.

Edd
  • #531
  • Mar 2, 2011 3:24pm Mar 2, 2011 3:24pm
Quoting squalou
Hello my Dear

Thanks Luke for bringing this up.
That was a nice little coding challenge...

So the idea is to handle the Ticks as an "Indicator buffer":
an Indicator "buffer" is basically a array on which each new bar "pushes" the oldest bar out of the "buffer" so that buffer[0] is always the "current" value;

I have coded that indicator buffer logic as a generic function -- UpdateBuffer().

The Up and Down Ticks are now counted into simulated "M1 buffers" of VolumeTickCountPeriod minutes depth (60 as default);
Each entry in...
Absolutely fantastic sq. What can I say? Thanks.

Cheers

  • #532
  • Mar 2, 2011 3:53pm Mar 2, 2011 3:53pm
the sujestion i put for the settings for auto were to generatE sales in higher volatility moments , so in low times one can cut back the traling profit taker to 2 or 1

PS THIS IS A NEW UPDATED SO I HAVE NOT HAD THE TIME TO TEST IT

as i use my own visual acd method in now its easier to read the true volatility manual by looking at the trade on


the sujestions i did above were for testing yourself as i thought it may help those that arnt experienced now price trading without indicaters


SO THIS MORNING I JUST STARTED TESTING THE NEW EA

so i think using this ea with trailing profit can teach as a game mode new traders

the concepts of now trading taling lots of trades

in profit

so by winding back the trailing profit stop to even as low as one should generate sales high speed low profit trades

as a game mode teaching visualy watching volatility in action between 0 profit +3 -6 +7 - 9 as an example so traders learn the basics of now trading

visualy tuning into now trading the price

i would love you to try setting up a basket of 12 currencys and using this in demo watching visualy

loss profit loss turning on and off the eas as your position grows or you go away from the computer


I THINK BY UTALIZING THESE SETTINGS ONS CAN USE THE DEMO IN GAME MODE USING THE EA TO LEARN REALTIME NOW TRADING

MY OPINION BUT IT IT IS UP TO YOU

JUST MY SUJESTION

FROM BRIAN
learning drawdown now trading
  • #533
  • Mar 2, 2011 4:04pm Mar 2, 2011 4:04pm
I dont think we are up to 4000 trades a day but trYing to i utalize the market as best we can

ps for me 30 is high speed

but im old not like you young guys he he

my thinking is lots of trades for us small time trades exploiting the current market if that makes sense

i loved your post it tells how the market is in evolution EVOLVING

todays methods may not work tommoro

there will always be winners and losers its not how you trade but how you think

truth is it has always been that way

from brian



Quoting argon
i had all things set as you say, but volume 5 wasn't (was 0)and wasn't square ts....
And i haven't say black overnight, it is black day (euro/dollar,and others london/new york )

cheers

ps/ still thinking the crims are dangerous ...coz this is zero sum money game...someone have to lose, and other wins.... Thats all truth and high -frequency - trading is more then 4000 trades a day !!!!!!
And thanks for the advices

cheers
  • #534
  • Mar 2, 2011 6:16pm Mar 2, 2011 6:16pm
Good Evening Gentleman,
With this being such an interesting thread it is awfully quiet in here tonight.....Maybe just all resting...

whip
  • #535
  • Mar 2, 2011 7:32pm Mar 2, 2011 7:32pm
Quoting hiredwhip
Good Evening Gentleman,
With this being such an interesting thread it is awfully quiet in here tonight.....Maybe just all resting...
whip
Good Evening Sir

I trust you are in good health and have managed to find some room in your PC for demo of Steve`s latest creation. I do not think anyone is resting, as you know forex is highly addictive and should have a health warning. Maybe they are reading the books I mentioned in my previous posts, or maybe they are trying to digest all the developments. Speaking for myself, I run short of time all the time and need more than 24 hours in any given day.

Getting back to this system, it would be great to have your thoughts. In a way Brian is proving what RolandRaygun says (i.e. the most vital part of the trade is the EXIT).

Kind regards
  • #536
  • Edited 8:52pm Mar 2, 2011 8:00pm | Edited 8:52pm
Quoting astral77
Good Evening Sir

I trust you are in good health and have managed to find some room in your PC for demo of Steve`s latest creation. I do not think anyone is resting, as you know forex is highly addictive and should have a health warning. Maybe they are reading the books I mentioned in my previous posts, or maybe they are trying to digest all the developments. Speaking for myself, I run short of time all the time and need more than 24 hours in any given day.

Getting back to this system, it would be great to have your thoughts. In a way Brian is...
Hi Astral,
I have the system well underway and it is a good one....And reading Brian's post's are as informing as anything I have run across yet.
I have found the pdf of The Logical Trader and I am into some serious early morning reading and a very interesting read.
I have 9 demo's running and put Metatrader's latest update in 3 of them and crashed all 3....All were Fxbook acc's and you can draw your own conclusions to that....Have just now gotten them all going again....Brijon was on one of the updated platforms so I don't have much data but it was running just as good before the update as it is now.....Enclosed....

Have a great evening

whip

http://www.myfxbook.com/widgets/90243/medium.jpg
  • #537
  • Edited 10:01pm Mar 2, 2011 9:48pm | Edited 10:01pm
WHY TRAILING PROFIT 1 2 3 DEPENDING ON VOLATILITY AT THE TIME

LOSS PROFIT LOSS OF CURRENT TRADE EG

THING OF THE BROKS SPREAD

STABLE O MINUS 5 PLUS 2

loss profit loss

IN QUITE MOMENTS THE BRKERS SPREAD MOVES IN a DEFINE MANnER
SO ONE CAN WATCH THE REAL VOLATILITY OF THE TRADE ON

THINK WATCH THE TRADE LEARN THE BREAKOUT VOLATILITY OF THE TRAILING PROFIT STOP OR VISUAL TAKE PROFIT IS IN YOUR HANDS THE ACD METHOD BRIJONS METHOD


think outside the square

use the ea in demo mode watch visual and learn


god bless Brian
  • #538
  • Mar 2, 2011 10:21pm Mar 2, 2011 10:21pm
THE THREE CURENCYS GBPUSD EURUSD AND EURGBP trading all long or all short following the trend

so eg there are posibilities of 2 in profit one in loss
2 in loss on in profit

3 in loss

3 in profit

this is the perfect circle trade to determine in demo the perfect o

the moment longs or shorts go zero profit

then the trend changes depending on + or minus on zero profit

for a hedging strategy

do not confuse this with the method of acd method i described above

but the minus zero and plus of the volatility of now uses the zero profit acd brijons method in another way

the volatility of now can be seen visualy easy

once one sees with clear eyes sometimes simple concepts are the hardest to understand

1+1=3

from brian
  • #539
  • Mar 2, 2011 10:31pm Mar 2, 2011 10:31pm
Quoting brijon
WHY TRAILING PROFIT 1 2 3 DEPENDING ON VOLATILITY AT THE TIME

LOSS PROFIT LOSS OF CURRENT TRADE EG

THING OF THE BROKS SPREAD

STABLE O MINUS 5 PLUS 2

loss profit loss

IN QUITE MOMENTS THE BRKERS SPREAD MOVES IN a DEFINE MANnER
SO ONE CAN WATCH THE REAL VOLATILITY OF THE TRADE ON

THINK WATCH THE TRADE LEARN THE BREAKOUT VOLATILITY OF THE TRAILING PROFIT STOP OR VISUAL TAKE PROFIT IS IN YOUR HANDS THE ACD METHOD BRIJONS METHOD


think outside the square

use the ea in demo mode watch visual and learn


god...
do you use 1H time frame ???
coz your charts are 1h ?

cheers
  • #540
  • Mar 2, 2011 10:34pm Mar 2, 2011 10:34pm
for ea i run the curencys 15 min

your choice


from brian
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