DislikedI am not sure Caillou, I think we need volatility for recovery, have to trade during big sessions, today I made hours: 6 to 11 and 13 to 18, made 1261 $ profit 2.68 % DD; 0.1 lot target 5 $Ignored
Caillou: another always-in auto-trader by SteveHopwood
- #142
- May 12, 2011 11:57pm May 12, 2011 11:57pm
- | Joined Apr 2010 | Status: Trader | 1,404 Posts
Hi,
I found there is a rule in this EA.
If the Lot is 0.01 pt is 1
So why not set them with following code:
SingleTradeProfitTarget = Lot*100;
ProfitTarget = Lot*100;
With the Lot and pt linked together I can add MM for it.
here is Caillou with MM, 0.1 Lot for 10000 USD
Thanks to magft!
EA now has lower DD
- #147
- May 13, 2011 6:13am May 13, 2011 6:13am
- | Joined Apr 2010 | Status: Trader | 1,404 Posts
CounterTrend version, M1, max DD 98%........
Let´s try something different....
Let´s try something different....
Holy Lord ! This thing goes nuts ... have you guys tried setting the RSI TF to 1 (yes, M1) and the period to something like 20-30 or so ? If we do ultra fast scalping, the daily RSI is quite useless imho. Set it to fast also ...
An now, Steve or whoever ... please implement MaxTradesAllowed setting and a pipstep, maybe SL ... and off it'll take us maybe ... it survies BT from 3rd January until today, and that may mean something
Can't wait ...
This is an issue that needs resolving if this system is going to have legs for the future. I'm thinking something recovery like in The Beast or maybe hedging like in MPTM. Obviuosly if you have a large account balance you can just keep opening trades. I also think we need to do some sort of scaling if after a few trades we are not getting anywhere with closing the basket. Or maybe as Hardpike suggest
Slowly, increase the time frame of the orders. First, in my case, 1 every hour, after 10, 1 every 2 hours after 10 1 every 3 hours...and so on. Again, come back from drawdown will take longer, but lesser than option 1.
Ive been playing with the settings a bit trying to get a good trend filter for the M1 timeframe. Ive had all timeframe charts open and playing around with settings to see what gives best indication of a ranging market. The picture below shows an envelope, RSI(20) and ADX(14) for M5 chart. The RSI seems to show the ranging best, any thoughts?
If you have any requests for features i can have a play before monday if we are in agreement with the required mods, i know how busy steve gets with all the other EAs so if i can be of help then all the better for us all. Victor57 i'll check out the comments and the logic to make sure it is work as it should be.
It seems to take trades in the right direction with the current trend and the candle direction, but the text displays the opposite. (takes 'buy' order, adx and candle text shows 'down' )
Settings:
DisplayGapSize=30
Lot=0.01000000
WithTrendLotMultiplier=2.00000000
ProfitTarget=1
SingleTradeProfitTarget=1
MagicNumber=0
TradeComment=
CriminalIsECN=0
MaxTradesAllowed=7
FkMinimumMarginPercent=800
tt=----Trading hours----
Trade_Hours=Set Morning & Evening Hours
Trade_Hoursi=Use 24 hour, local time clock
Trade_Hours_M=Morning Hours 0-12
start_hourm=0
end_hourm=12
Trade_Hours_E=Evening Hours 12-24
start_houre=12
end_houre=24
fsh=Friday stop trading hour
FridayStopHour=24
fta=For the Aussies
SaturdayStopHour=-1
Ins14=Trend filter choices
adxin=----ADX inputs----
UseAdxTrendFilter=0
AdxTf=5
AdxPeriod=14
adxap=Applied price: 0=Close; 1=Open; 2=High
adxap1=3=Low; 4=Median; 5=Typical; 6=Weighted
AdxAppliedPrice=0
rsiin=----Rsi inputs----
UseRsi=1
RsiTf=5
RsiPeriod=20
rsap=Applied price: 0=Close; 1=Open; 2=High
rsap1=3=Low; 4=Median; 5=Typical; 6=Weighted
RsiAppliedPrice=0
