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Brijon Concept of Threes auto trading robot by Steve Hopwood

  • #601
  • Mar 6, 2011 5:34pm Mar 6, 2011 5:34pm
Quoting astral77
I started trading in 2008 and made a loss in that year, also made a loss in 2009. However, in 2010 I made a small profit. Nothing to write home about and maybe would had made more by just investing the money in stock market. But I was over the moon that my cycle of loss was finally over. I owe this to BOB and YOU in the first place and to people like SCOOBS and MACMAN for their guidance and sound advice. This year has been even better and I have to thank BRIAN for showing me different avenue to reach the goal we all desire. I am also learning from...
You are brighter than me, so it has taken me longer to get where you are now - I started trading in 2007 etc

I have identified this six point sliding scale for forex traders

 

  1. constantly lose their money, with no idea why
  2. constantly lose their money, but begin to understand why
  3. use part 2 of (2) tp stop losing money
  4. start to make tiny gains, based on lessons from 2 & 3
  5. start to grow the account each week
  6. filthy stinking rich

There may be a couple of extra steps in between (5) and (6). I don't know yet. When I do, so will everyone else here.

I don't forget my friends, guys.

  • #602
  • Mar 6, 2011 6:40pm Mar 6, 2011 6:40pm
Quoting SteveHopwood
You are brighter than me, so it has taken me longer to get where you are now - I started trading in 2007 etc...
Oh no, not brighter. I do not even know 5% of what you know. I was just more fortunate to find FF at a point when you guys had reached a high level of knowledge and competency. That is all. After reading god knows how many books, articles, documents, etc, I still find new concepts here which I had never heard of before (or had heard and had forgotten about it). However, instead of doing the idiotic cretin thing and barge in the thread with a silly post such as:

"I just came across your thread, your method seems interesting and maybe what I have been looking for, can you tell me in less than 100 words in simple language what it is and how it is done and how much I can make using it. Be quick about it since my time is valuable."

I google it, look it up in web sites such as investopedia and after reading few articles if I still feel it is something which may be of use to me then I try to read the whole thread and only then have the courage to ask what I hope would be sensible questions. That is why I understand why you are so abrupt with people who ask things without doing their home work. Then they are in shock as to why this Englishman was so cruel and savage in his reply!

I hope my fellow students read this and avoid the mistakes which can lead to being told off.

Kind Regards
  • #603
  • Mar 6, 2011 7:01pm Mar 6, 2011 7:01pm
Quoting brijon
http://www.forexfactory.com/showthread.php?t=283300

band from most great threads on the forex factory but he has a following of negative loosers

sad realy to see one thats is in reality one of lifes loosers

dont know how you can help some people who

need medical attention fast

but its sad to see these guys how they discourage others from

imparting there knoweledge


but they do teach us in life not to sink to there own level


we all make mistakes...
The English language now fails me ……I’m at a loss for words…..can’t even ask a question….

whip
  • #604
  • Mar 6, 2011 10:59pm Mar 6, 2011 10:59pm
Quoting brijon

so you currencys in trade should be balance number of buys to sells to maintain the corect sales balance

this is my method of using stock ratio balance of sales to stock turnover to control drawdown to precise levels of comfort on dd
from brian
Brian,

After reviewing your snapshot and comments, something shows up: there is a pattern to the kind of orders that are placed. After a sell goes a buy and vice-versa.

Two conclusions, not mutually exclusives:

- Could it be possible to say that you work to maintain the balance of the currency via buys/sells if profit is not attained?

- Or that you wait for the market conditions to setup in such a way, that you can place orders in such a pattern?


Both things can be incorporated in the ea if they are part of your trading strategy/logic.


Thanks in advance for your reply,

Best regards
  • #605
  • Mar 6, 2011 11:11pm Mar 6, 2011 11:11pm
Quoting getting
Totally possible; under the condition that your profits(win radio) is higher then the losing trade - and lot size is very crucial like Steve have said.
see image below: this guy still made a good profits($22,000) if he decided to withdraw this account today(equity-deposit). One of his trade has been opened since Sept of 2009
http://www.myfxbook.com/members/Phen...t-80-beta/1806

I confess: I'm not man enough to do that
  • #606
  • Mar 6, 2011 11:46pm Mar 6, 2011 11:46pm
i only take profits , so when a currency goes into profit i take the profit

its that simple , so drAwadown is part of trading drawdown is like stock on the shelf slow moving fast moving

THE EA GAME MODE IS DESIGNED FOR YOU TO WAIT FOR LOSS TO GO INTO PROFIT - 0 +1 THE IDEA IS THE EA GENERATES STOCK

think of a shop without stock there is no sales

the use of say 7 buys 7 sells using eg 101 currencys of buys and sells is an ideal way to teach i think
eg put on 7 buys 7 sells think of this as stock on your shelf

THIS SCREEN DEMO IS FOR TRAINING EG ONLY

THE EA SET LONG AND SHORTS SEE MY THREAD

SO IF ONE SELL GOES FROM LOSS TO SELL -0 +3 THE TRAILING STOP WILL TAKE THE PROFIT

AS YOU HAVE THE EA SET TO 7 SALES 7 BUYS EVENTIALY THE EA WILL PLACE THE SAME TRADE ON AT A DIFFERENT PRICE

MAINTAINING THE RATIO OF STOCKS TO SALES

this is teaching you drawdown control as an example only

the ea is auto mode re trailing profit taking sales

to teach you take profit and timing i sujest you do it manualy take profit as soon as you can

its fun becoming profit driven fast profits


THIS EXERIZE TEACHES YOU TIMING VOLATILITY OF NOW

BUT THE EA DOES IT SORT OF AUTO 50 /3

YOU WONT LEARN AS MUCH BUT OK

THE IDEA IS THAT TRADE LIKE A BUISNESS CONTROLLING DRAWDOWN
BUILDING SALES GROWTH THROUGH LOTS OF SALES AND PROFITS
NOT LOSSES

MOST BUISNESSES FAIL IN THE FIRST YEAR DUE TO MISMANEGMENT OF SALES AND NOT HAVING ENOUGH STOCK TO SUPPORT SALES

TURN OVER FACTOR AND NOT USING RETAINED PROFIT TO INCREASE THERE STOCK

SO SALES GROWTH OVER ONE YEAR REDUCE AVERAGE UNIT COST OF STOCK HELD ( CURRENCYS)

SO 50 K INVESTMENT SALES 7 K

DRAWDOWN 8 K OVER TIME ACTUAL CURRENCY COST UNIT NOW IS I K

END OF YEAR BUISNESS MAY HAVE 2K PROFIT ABOVE ORIGINAL INVESTMENT BUT STOCK UNIT COST IS ZERO

think forex trading is a buisness these are just basic concepts

but in the end you become a kantor trading money based on buyers sellers spread a mini b

only a concept

but needs thought simple concepts are the hardest to understand

in answer to your question i only take profits on currencys in dd

so thats the simple answer

to buisness trading using acd brijon method on price now


ok look at screen snap shot i prepared a demo using .03 old testing demo.

for teaching note 2 last pos on profits ea not enough but you can take fast trades ea or manual put back on same ratio manual or eventualy ea will

this is example of stock held ratio of taking profits acd last 2 manual or wait for ea
the ea will replace these 2 when ready

so this is for you to think

think buisness sales profit equity growth overdraft ( draw down )

slow moving stock to fast moving trend now propertion of buys sels current 7 7 control of dd

stock to support sales

easy concepts are the hardest to understand

easy for me i managed a major international company once

but basics buisness is buisness

hope this helps

see training screen snap shot not last 2 are sales at proft
have fun

from BRIAN

Quoting OmarSM
Brian,

After reviewing your snapshot and comments, something shows up: there is a pattern to the kind of orders that are placed. After a sell goes a buy and vice-versa.

Two conclusions, not mutually exclusives:

- Could it be possible to say that you work to maintain the balance of the currency via buys/sells if profit is not attained?

- Or that you wait for the market conditions to setup in such a way, that you can place orders in such a pattern?


Both things can be incorporated in the ea if they are part of your trading strategy/logic....
Attached Image (click to enlarge)
Click to Enlarge Name: sales eg last 2 7 sells 7 buys.jpg Size: 127 KB
  • #607
  • Mar 6, 2011 11:58pm Mar 6, 2011 11:58pm
you asked so i gave you my crazy method , iknow many will critize my method its far left of traditional thinking

but i told you honestly ive nothing to gain use it not ,

im only sharing my method it may not suit lots of traders but it works for me

have fun testing concepts at the worst you will know and understand how to run a buisness

for me the forex is the buisness of making money

god bless i hope in my lenghty answers you find an idea that you can use

from BRIAN
  • #608
  • Mar 7, 2011 12:17am Mar 7, 2011 12:17am
notice balance of trades now 5 sells 5 buys

this is showing you manual take trade maintaining buys sell ratios
this is a purpose demo to help you understand

acd brijon now controlling drawdown

its a prtactical exersize set up to demonstrate priciples only god bless from brian
Attached Image(s) (click to enlarge)
Click to Enlarge Name: took 4 trades 2 short 2 long balance of buys sells maintained.jpg Size: 80 KB
Click to Enlarge Name: 4 trades demo for traders.jpg Size: 48 KB
  • #609
  • Mar 7, 2011 2:21am Mar 7, 2011 2:21am
SEE the same demo showuing principle sales profits take in dd balance keeping equal sells to buys controlling drawaw down


think

just showing manual control take profit one buy one sell

basic later ill show holding most fast movers (now trend to slow moving )

but now im showing equal balance of sells buys s only

we can let profits run now trailing pips will lock in profits

but normal manual i would take profits one buy on sell

keeping balance note good control on dd

training demo screen snap shots only to show principle of profit taking stock control

from BRIAN
Attached Image (click to enlarge)
Click to Enlarge Name: see sales waiting in profit AND CONTROL ON DD.jpg Size: 116 KB
  • #610
  • Mar 7, 2011 2:32am Mar 7, 2011 2:32am
see how one can control drawdown by practice buisness management not stop loss

brijon adc now buisness management

from BRIAN
Attached Image (click to enlarge)
Click to Enlarge Name: draw down close to zero.jpg Size: 110 KB
  • #611
  • Mar 7, 2011 2:52am Mar 7, 2011 2:52am
i know its hard for some to accept new ways of thinking stop losses are just an example of old training stop loss is a negative approach

we want to think trailing profit we need to learn different methods clear eyes to changing markets , stagnation , negative thinkers cant except change

Todays method of trading will be different tommoro

i think one needs to be flexible in there thinking

not screaming it cant be done , your crazy ect

sharing helping others through learning new ideas new method being willing to go the extra mile

STEVE IS A LIVING EXAMPLE OF GOING THE EXTRA MILE GIVING POSITIVE

HELP TO THOSE THAT GIVE RESPECT HE GIVES BACK

FOR THOSE THAT DONT GIVE RESPECT THEY CANT EXPECT RESPECT IN RETURN

WHAT WE GIVE WE RECIEVE 1000 X MORE THAN WE GAVE


THANK YOU STEVE

FROM BRIAN
  • #612
  • Mar 7, 2011 4:23am Mar 7, 2011 4:23am
See placed on manuaL 7 longs 7 shorts simple ea take profit 100 trailing profit 3

and control over longs shorts rario now now drawdown ea management over night DEMONSTRATING DD CONTROL


see screen snap shot
Attached Image (click to enlarge)
Click to Enlarge Name: see sales waiting in profit AND CONTROL ON DD.jpg Size: 115 KB
  • #613
  • Edited 9:09am Mar 7, 2011 5:30am | Edited 9:09am
up 12.77% up since the start thiis week

1 problem I have a sell on the GU
neg $10.50 right now don't see the GU comming down soon
wonder if should close now or let it ride

UPDATE******
up 16.41% that GU is only at 4.10 now
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 40 KB
  • #614
  • Mar 7, 2011 7:40am Mar 7, 2011 7:40am
According to Brian's previous 3-5 posts above you. Let it ride. Trust the system and take profit once it hits profitability either manuallly or with a trailing stop.

Brian I may have missed this but what are you using for a trailing stop?

Steve, would it be possible to incorporate a tightening trailing stop feature? I believe Maxou had it in his V5 NB bot and it worked well. For example, say you have a trailing stop of 30 pips that jumps every 20 pips. Then the next jump the trailing stop becomes 20 pips that jumps every 10 pips. Those #'s are definites but would be nice for it to be user variable.
  • #615
  • Mar 7, 2011 7:59am Mar 7, 2011 7:59am
Quoting dryclean
up 12.77% up since the start thiis week

1 problem I have a sell on the GU
neg $10.50 right now don't see the GU comming down soon
wonder if should close now or let it ride

UPDATE******
up 16.41% that GU is only at 4.10 now
Are you using the EA on auto?

Also are you using it OOTB?

Thanks
  • #616
  • Mar 7, 2011 9:10am Mar 7, 2011 9:10am
Quoting castlebrook
Are you using the EA on auto?

Also are you using it OOTB?

Thanks
I have my set files on here somewhere
http://www.forexfactory.com/showthre...le#post4432574
  • #617
  • Mar 7, 2011 10:21am Mar 7, 2011 10:21am
Set to trade between 10:00 and 17:00 (GMT+2)

I have manually closed all remaining trades after 17:00 - Today I have closed at 17:47.

During the 3 trading days I have tried different TP and TS values. Today it was running with Hidden TP of 5 pips.

Max DD is 11.16%

Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 6 KB
  • #618
  • Edited 11:52am Mar 7, 2011 11:18am | Edited 11:52am
ok here is the 3 phases of manual take profits , profits taken

new weighting showing new on .05 2 new still weighted Towards buys

trend need more sells on to wieght to sells new trend

all manual to show you my process only
this is a guide to process i use only
ive done it all manual

as to show you basic method without ea

my method of sales control dd for us brokers

highlighting .05 new sells on to balance jongs shorts using gradual larger
pos to equal sells buys ratio

hope this helps

from brian
Attached Image(s) (click to enlarge)
Click to Enlarge Name: manual take profits.jpg Size: 102 KB
Click to Enlarge Name: profits taken.jpg Size: 88 KB
Click to Enlarge Name: nerw weighting.jpg Size: 81 KB
  • #619
  • Mar 7, 2011 11:30am Mar 7, 2011 11:30am
here is yesterdays steves auto test profits

drawdown contained to my comfort levels im very pleased with test of Steves latest ea update

ABOVE DEMO FOR SHOWING MANUAL PROCESS I USE TO CONTROL DRAWDOWN TAKE TRADES ECT



from brian
Attached Image (click to enlarge)
Click to Enlarge Name: cylic time 3mw acd now.jpg Size: 253 KB
  • #620
  • Mar 7, 2011 11:39am Mar 7, 2011 11:39am
Quoting obnoxious2
According to Brian's previous 3-5 posts above you. Let it ride. Trust the system and take profit once it hits profitability either manuallly or with a trailing stop.

Brian I may have missed this but what are you using for a trailing stop?

Steve, would it be possible to incorporate a tightening trailing stop feature? I believe Maxou had it in his V5 NB bot and it worked well. For example, say you have a trailing stop of 30 pips that jumps every 20 pips. Then the next jump the trailing stop becomes 20 pips that jumps every 10 pips. Those #'s are...
For now, use mptm for this.

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