Caillou: another always-in auto-trader by SteveHopwood | Page 5 | Forex Factory

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Caillou: another always-in auto-trader by SteveHopwood

  • #81
  • May 9, 2011 10:25am May 9, 2011 10:25am
Quoting 24hrs
Hiii...
Actually I stop following strategies on FF. I bought one commercial ea and i am happy with it.
24hrs
24hrs,

do you think you could expand on this? What commercial EA cought your attention in particular?

Vlado
  • #82
  • May 9, 2011 12:05pm May 9, 2011 12:05pm
I would suggest a minimum pip distance from the last trade opened. This should stop most wipe outs.

What I mean is, if you think about price trading in a very tight range and then taking off, without the minimum pip distance to allow a new trade, you could have a lot of trades all at virtually the same price level which are then never going to be balanced by trades on the winning side as the acceleration away from the area of range trading will just drag the overall basket further and further into the red.

Does this make sense?

Cheers

Invisible
  • #83
  • Edited 1:50pm May 9, 2011 1:31pm | Edited 1:50pm
Quoting hollandpippin
@ wickedwin...try to find out if your broker allows 0.01 lots if not change it to 0.1
Yes, the broker does.

It might be the "Close all trades, Stop the robot, Start the robot"...

Those options aren't clickable.. just text (?)

Running the EA @ E/U @ 1m @ 4 digitbroker @ default settings.
  • #84
  • May 9, 2011 2:29pm May 9, 2011 2:29pm
Quoting wickedwin
It might be the "Close all trades, Stop the robot, Start the robot"...

Those options aren't clickable.. just text (?)
If you double click the text and move the textbox to somewhere else in the graph, the EA notices it and then takes the action.
  • #85
  • May 9, 2011 3:46pm May 9, 2011 3:46pm
Quoting JulesvH
If you double click the text and move the textbox to somewhere else in the graph, the EA notices it and then takes the action.
I tried, didn't work.

Used another broker, now at least the start/stop/close functions work.

Will give an update if it actually starts to trade.

~WW
  • #86
  • May 9, 2011 3:57pm May 9, 2011 3:57pm
Quoting wickedwin
I tried, didn't work.

Used another broker, now at least the start/stop/close functions work.

Will give an update if it actually starts to trade.

~WW
Understand. this is a problem at your end. Others have tried far harder than I would have done to help you sort this out. Please do so for yourself and stop polluting this thread with your problems. If you cannot run an ea, then stop trying to do so.

  • #87
  • May 9, 2011 3:59pm May 9, 2011 3:59pm
Quoting Invisible
I would suggest a minimum pip distance from the last trade opened. This should stop most wipe outs.

What I mean is, if you think about price trading in a very tight range and then taking off, without the minimum pip distance to allow a new trade, you could have a lot of trades all at virtually the same price level which are then never going to be balanced by trades on the winning side as the acceleration away from the area of range trading will just drag the overall basket further and further into the red.

Does this make sense?

Cheers

Invisible...
It does. I am going to do nothing about it for now. The strategy requires that all trades in one particular direction be in profit before another is taken out. Let's see how this pans out for a few days?

  • #88
  • May 9, 2011 4:29pm May 9, 2011 4:29pm
Now, DD at 18%, let's see what happens. I love demo accounts.......
  • #89
  • Edited May 10, 2011 1:31am May 9, 2011 4:55pm | Edited May 10, 2011 1:31am
Quoting Caillou
Now, DD at 18%, let's see what happens. I love demo accounts.......
I noticed that DD can be a problem with this system so whenever there are quite a few trades open I manually close them out for a small profit and let the EA start over again. This is to prevent a possible margin call and to prevent the EA from wasting time sitting in drawdown.

Currently using a 1k account, .01 lot size, profit target of 5 (backtests showed a profit target of 5 was more profitable than a profit target of 1).

Currently up 4.5%, max DD of 3%
  • #90
  • May 10, 2011 1:18am May 10, 2011 1:18am
Caillou,

DD at 18% is that on one currency pair? EURUSD?
Or is that for others too?

Thanks.

Bruce


Quoting Caillou
Now, DD at 18%, let's see what happens. I love demo accounts.......
  • #91
  • May 10, 2011 2:39am May 10, 2011 2:39am
Quoting brucech
Caillou,

DD at 18% is that on one currency pair? EURUSD?
Or is that for others too?

Thanks.

Bruce
Just EUR/USD.....
  • #92
  • May 10, 2011 2:44am May 10, 2011 2:44am
Quoting hellogoodbye
I noticed that DD can be a problem with this system so whenever there are quite a few trades open I manually close them out for a small profit and let the EA start over again. This is to prevent a possible margin call and to prevent the EA from wasting time sitting in drawdown.

Currently using a 1k account, .01 lot size, profit target of 5 (backtests showed a profit target of 5 was more profitable than a profit target of 1).

Currently up 4.5%, max DD of 3%
Usually, DD gets bigger and bigger and you will never see any profit, so you should close for a loss or wait for a recovery.
Close a basket with small profit is easy, but what to do when you are in loss is not......
  • #93
  • May 10, 2011 4:26am May 10, 2011 4:26am
It's not as good as Estar EA, Estar captured 300% profit in every tick backtest from 2010-1-1 - now.
No one wants to be defeated~
  • #94
  • Edited 7:22am May 10, 2011 6:22am | Edited 7:22am
The EA has done about $60 in 3 hours with max DD of about $70

0.1 lot and its running on two pairs, EUR/USD and GBP/USD

I think it would have done more upto maybe $90 but something wrong when it closes trades after getting to $10.


$140 DD now....

update, its $320 DD now
  • #95
  • May 10, 2011 6:33am May 10, 2011 6:33am
Quoting jonirrenicus
It's not as good as Estar EA, Estar captured 300% profit in every tick backtest from 2010-1-1 - now.
Where is this EA "Estar"
  • #96
  • May 10, 2011 8:29am May 10, 2011 8:29am
Quoting piptastic7
The EA has done about $60 in 3 hours with max DD of about $70

0.1 lot and its running on two pairs, EUR/USD and GBP/USD

I think it would have done more upto maybe $90 but something wrong when it closes trades after getting to $10.


$140 DD now....

update, its $320 DD now
Hi,
what spread do you have on EUR/USD and GBP/USD?

gspe
  • #97
  • May 10, 2011 8:46am May 10, 2011 8:46am
Quoting gspe
Hi,
what spread do you have on EUR/USD and GBP/USD?

gspe
about 0.5 for EUR/USD and 1.2 for GBP/USD on demo

-$480 now with 36 open trades
  • #98
  • May 10, 2011 9:17am May 10, 2011 9:17am
I m very much new, like the idea of Caillu, but i would like to suggest the EA should not open more than 5 position, 2 buy & 3 sell position or vice-versa & next if want open 1 more buy then should close 1 sell position & open 1 buy position & add no.of pips lost in sell position to Profit tgt pls. think on it i may be wrong.
  • #99
  • May 10, 2011 9:18am May 10, 2011 9:18am
Hi guys,
i was playing with the EA this morning and i thought that maybe a counter trend version could works as well.

So attached you find a version in which i simply inverted the buy and sell Orders Condition i'm sure that we need more option in order to make the EA works better.

So play with it and if you find that this option could be useful we can try to improve it.

Cheers
gspe
Attached File(s)
File Type: mq4 Caillou v1.01.mq4   16 KB | 441 downloads
  • #100
  • May 10, 2011 9:23am May 10, 2011 9:23am
Quoting gspe
Hi guys,
i was playing with the EA this morning and i thought that maybe a counter trend version could works as well.

So attached you find a version in which i simply inverted the buy and sell Orders Condition i'm sure that we need more option in order to make the EA works better.

So play with it and if you find that this option could be useful we can try to improve it.

Cheers
gspe

Thank you gspe
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