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Snow Roller - An Avalanche of Profits

  • #81
  • Mar 30, 2011 3:36pm Mar 30, 2011 3:36pm
Quoting FxHope
Hi FXEZ
Thank for shering. I am examine the 3 ver of SnowRoller and it look very promising. I work with 2 diff brokers one ot them is 4 digits GMT+2

The Basket_Stats indi dose not work in 4 digits.

can you fix it?

thank you ANYWAY

Niki

I just uploaded an update to Basket_Stats about an hour ago. Did you get the new indicator? If so, which 4 digit broker are you using. Nicastro also has been having difficulty with the indi. Try exiting MetaTrader, deleting the Basket_Stats.ex4 file, copying in the Basket_Stats.mq4 file in your ..\experts\indicators\ directory, then restarting MetaTrader. Let me know if that works.
  • #82
  • Mar 30, 2011 8:21pm Mar 30, 2011 8:21pm
Quoting FXEZ
I'll think about that. This is the 2nd request I've seen for the ability to place one EA on one chart and have it place trades for many symbols. By doing it this way you lose the ability to change the buysellstep value for each symbol (some move more than others). But I understand the benefits of ease and flexibility / standardization. Let's see if the current version can produce profits.
Hi FXEZ, just some comments about that request, take into account that with Metatrader platforms, your EA start function is only run on tick received from the symbol you are running the EA, that means that if you 'current symbol' graph receives 5 ticks per second, just an example, and you are 'trying' to watch more symbols that receives 6 ticks per second ... you will be loosing information on thoose symbols.

IMHO, it's better to run one instance of the EA on each symbol you want to trade, also not to mention the advantages of fine tunning each of them.
  • #83
  • Mar 30, 2011 10:25pm Mar 30, 2011 10:25pm
there are simulated tick senders you can run that eliminate that issue. So don't let that stand in your way
  • #84
  • Mar 31, 2011 1:51am Mar 31, 2011 1:51am
Quoting FXEZ
I just uploaded an update to Basket_Stats about an hour ago. Did you get the new indicator? If so, which 4 digit broker are you using. Nicastro also has been having difficulty with the indi. Try exiting MetaTrader, deleting the Basket_Stats.ex4 file, copying in the Basket_Stats.mq4 file in your ..expertsindicators directory, then restarting MetaTrader. Let me know if that works.
Ok Thanks

The new indi is working

niki
  • #85
  • Mar 31, 2011 2:42am Mar 31, 2011 2:42am
Quoting FxHope
Ok Thanks

The new indi is working

niki

I agree. Thanks for this

Nicastro
  • #86
  • Mar 31, 2011 3:29am Mar 31, 2011 3:29am
Hi FXEZ,
Any chance to download an original version of Snow Roller somewhere. I was testing it successfully achieving consistent profit but replaced it with updated version of it, but there is a different logic behind it and it works completely in different way and not profitable any more. Please help as I didn’t saved the original version of your EA. Thanks a lot.

Quoting FXEZ
I'm holding off on new features. I think the latest features sort of "broke" the EA so I'm trying to get it back to banking pips in black again. There were some bugs introduced by me that I think I've fixed for the most part. Some of the changes created unforseen consequences with how the various parts of the EA interact with each other. I'm testing, testing testing.

And the real doosy is the way that MT4 handles orders and order placement. It's really flaky. Some of those errors for order closure can't be helped as during live account trading...
  • #87
  • Mar 31, 2011 9:43am Mar 31, 2011 9:43am
Updated stats in my signature. I actively watch the basket. One time I let it go overnight and went deep in the hole (although that was supposedly the version with issues).

What are other people doing with this EA? Letting it run? Or being more proactive about it?
  • #88
  • Mar 31, 2011 9:59am Mar 31, 2011 9:59am
Quoting rbetancor
Hi FXEZ, just some comments about that request, take into account that with Metatrader platforms, your EA start function is only run on tick received from the symbol you are running the EA, that means that if you 'current symbol' graph receives 5 ticks per second, just an example, and you are 'trying' to watch more symbols that receives 6 ticks per second ... you will be loosing information on thoose symbols.

IMHO, it's better to run one instance of the EA on each symbol you want to trade, also not to mention the advantages of fine tunning each...
the multipair EA can still work on single pair also, so u can use it whichever way u want. more flexible

also think about the CPU utilization when u load the EA on 10 charts. ur loops will multiply 10 times. u could optimize the resources which in turn will make the system run faster.

anyway, as FXEZ mentioned lets first stabilize the ea and make it profitable
  • #89
  • Mar 31, 2011 12:20pm Mar 31, 2011 12:20pm
Quoting kramlon
Hi FXEZ,
Any chance to download an original version of Snow Roller somewhere. I was testing it successfully achieving consistent profit but replaced it with updated version of it, but there is a different logic behind it and it works completely in different way and not profitable any more. Please help as I didn’t saved the original version of your EA. Thanks a lot.
I uploaded a version called SnowRoller_Classic. It's a very early version and may have bugs but it may still have "the magic".

I've been working on the current version as well and just uploaded a copy to the website. I took out the "CloseWorst" routine as it seems to have the effect of banking too many losses. This EA has a built-in loss taking mechanism so I set the CloseThisLoss and CloseAllLoss to a really big number that should never get hit. If I can't recapture the magic with this version, we can always go classic. The tests look decent on this though I don't trust the tests except as a guide. There are conditions that lead to a large and gradual drawdown, perhaps when pairs go into non-trending. I haven't quite worked that out (yet). I changed around the defaults a bit as a result of the testing. These numbers are not set in stone and I suggest testing different values.

CloseAllProfitPercent = 0.5;
CloseThisProfitPercent = 10.0;

The idea is to bank safe, gradual profits with the entire basket of symbols. If the current symbol happens to really rack up a huge profit, then we take that.

extern int stoploss = 5; // Single position stop loss in pips
(a word of warning to the SnowRoller_Classic users, stoploss and takeprofit will send MetaTrader into an endless loop!)

Setting a small stop loss seems to make a difference in the backtester. Unclear if it will just end up chopping wood in forward testing.

extern int reversallevel = 5; // Pips threshold at which the opposite positions may be opened by the EA
extern double BalancePerlotsize = 500.0; // amount of $$ in account balance to trade the lotsize entered

reversallevel was renamed from stoplevel to make the description more clear. Reduced to 5 pips as a larger value just seemed to ensure a bigger loss taken when reversing from short to long and vice versa.

BalancePerlotsize is a new variable that is step one of position sizing. Set this value to the amount of $$$ you wish to trade with a 1 lot for "lotsize". According to this default, the EA will trade 1 lot per $500 balance in the account. Minimum lot size is still 1, so if your balance goes to $50 it will still be trading 1 lot - there is no "cease trading" function.

Get all the EAs here: https://sites.google.com/site/marketformula
  • #90
  • Mar 31, 2011 12:20pm Mar 31, 2011 12:20pm
Quoting Nicastro
I agree. Thanks for this

Nicastro
You guys are welcome!
  • #91
  • Mar 31, 2011 12:21pm Mar 31, 2011 12:21pm
Quoting newark18
Updated stats in my signature. I actively watch the basket. One time I let it go overnight and went deep in the hole (although that was supposedly the version with issues).

What are other people doing with this EA? Letting it run? Or being more proactive about it?

I've just been letting mine run. But then again I'm getting much worse performance on my demos. There might be a lesson in there somewhere.
  • #92
  • Mar 31, 2011 12:25pm Mar 31, 2011 12:25pm
If you do some tests in the MetaTrader backtester with SnowRoller, (on an actively testing account) make sure to change the MagicNumber in the Strategy Tester or the CloseAll function will close out active account trades as well as backtesting trades. I tried to code around this but changing the MagicNumber to something else in the strategy tester seems to be the only way.

You've been warned!
  • #93
  • Mar 31, 2011 2:41pm Mar 31, 2011 2:41pm
FXEZ,

If you have some time, please test the EA that I posted. All you need to do it set it up on a chart and pick a direction (green=bull and red=bear) based on weekly bias. It is similar to snowroller as it accumulates positions as a trend occurs. However, the entries are at the best possible location for the day. That means that even if it retraces a little bit, there is a good chance that the SL will not be reached.

Based on $1/pip, the EA generated $1,200 of profit in the past two days. Granted, I was able to choose the correct weekly trend but I really think it has potential. And maybe, with your coding skills, it can be even better.

http://www.mt4i.com/users/rattrader
  • #94
  • Mar 31, 2011 6:13pm Mar 31, 2011 6:13pm
Quoting FXEZ
If you do some tests in the MetaTrader backtester with SnowRoller, (on an actively testing account) make sure to change the MagicNumber in the Strategy Tester or the CloseAll function will close out active account trades as well as backtesting trades. I tried to code around this but changing the MagicNumber to something else in the strategy tester seems to be the only way.

You've been warned!
Why not use the function isTesting() ¿? ... if you detect you are in a backtest, just use a random magicnumber.
  • #95
  • Mar 31, 2011 9:08pm Mar 31, 2011 9:08pm
Quoting rbetancor
Why not use the function isTesting() ¿? ... if you detect you are in a backtest, just use a random magicnumber.

Good idea.
  • #96
  • Mar 31, 2011 11:47pm Mar 31, 2011 11:47pm
sorry for not reporting yesterday, but my original first download of Snowroller has done very well until now, cranked up around 4,5% on a 3000 EUR account, using std settings but 8 pipstep ... I am very busy at the moment, hope to report a bit better on the weekends.

Will be funny to see how much it lgets hurt at NFP ;-)

Just my few cents ...
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #97
  • Edited 8:56am Apr 1, 2011 8:38am | Edited 8:56am
Well, I inadvertently left snowroller (updated to latest) on overnight and I lost all profits and plus much more. I don't know if it was because I left it on all night or whether it related to the new update. I have a feeling that it was due to the update.

I am also running classic and am having good results. These results were based on yesterday as a start time:

http://www.mt4i.com/users/snowrollerclassic/stats

Edit: Removed because I don't want to miller the thread.
  • #98
  • Apr 1, 2011 11:34am Apr 1, 2011 11:34am
I have tried snow roller in fxopen broker, but no trade has executed, please help!

bye
ajentha
  • #99
  • Apr 1, 2011 1:19pm Apr 1, 2011 1:19pm
Quoting ajentha
I have tried snow roller in fxopen broker, but no trade has executed, please help!

bye
ajentha
Are you using SnowRoller.mq4 or SnowRoller_Classic.mq4?

Try the steps listed on this page:

http://www.forexfactory.com/showpost...8&postcount=11

Let me know if you're still having problems. If so, provide any errors in the Experts tab, and more information about your broker - minimum lot size, 4 or 5 digit broker. Can you run other EAs on your broker? etc.
  • #100
  • Apr 1, 2011 1:21pm Apr 1, 2011 1:21pm
Quoting newark18
Well, I inadvertently left snowroller (updated to latest) on overnight and I lost all profits and plus much more. I don't know if it was because I left it on all night or whether it related to the new update. I have a feeling that it was due to the update.

I am also running classic and am having good results. These results were based on yesterday as a start time:

http://www.mt4i.com/users/snowrollerclassic/stats

Edit: Removed because I don't want to miller the thread.
Yes to xxl205 and newark - I saw losses that carried through NFP. I left two versions running. I have been thinking about how to get things back on track with the current version of SnowRoller and will follow up in another post.
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