Steve, it also appears not to re-draw the IB hilo lines during the day, EURGBP H1 IB at 10.00am, another at 14.00, did not re-draw, all times UK local, of course if you are in front of the screen you can move the lines manually.
Jollyroger: an inside bar auto-trader by SteveHopwood
- #83
- Jun 1, 2011 9:33am Jun 1, 2011 9:33am
Be aware folks, those of you who have not noticed, that there is a problem with re-drawing the opening price line at the start of the new day. I had to re-load the bot yesterday and today to make it display the line.
Just have to recompile it between 6 GMT (start time) and my "start hourm" and it draws the line and works fine.
Steve, maybe you can change the "draw the line function" or something x minutes after the "start time" (I'm no coder, but trying to help
)
- #84
- Jun 1, 2011 11:59am Jun 1, 2011 11:59am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
The problem turned out to be one of those circular thingies. I was making Dibs delete the open price line when out of trading hours. Dibs was finding there was no open price line and adding one, then deleting it again because it was outside trading hours........
I figure it would be useful to have a permanent record of the inside bars on which Dibs is making its calculations. In this version, it leaves behind a short dotted line to replace the longer ones when these are deleted.
Getting there.
I figure it would be useful to have a permanent record of the inside bars on which Dibs is making its calculations. In this version, it leaves behind a short dotted line to replace the longer ones when these are deleted.
Getting there.
- #85
- Jun 1, 2011 12:28pm Jun 1, 2011 12:28pm
- | Joined Nov 2009 | Status: Trader | 4,980 Posts
The problem turned out to be one of those circular thingies. I was making Dibs delete the open price line when out of trading hours. Dibs was finding there was no open price line and adding one, then deleting it again because it was outside trading hours........
I figure it would be useful to have a permanent record of the inside bars on which Dibs is making its calculations. In this version, it leaves behind a short dotted line to replace the longer ones when these are deleted.
Getting there.
- #86
- Jun 1, 2011 1:02pm Jun 1, 2011 1:02pm
Nice indeed.
Steve,
do you want us to let it run on demo a few more days or ready to brainstorm about exits?
And, according to that, do you want to start a new tread or continue in this one and edit post one? Well, I guess it's up to you. Time will tell
I had one exit-idea (bath moment) I want to share, just in case I forget it while busy with work. What if we use the CTS as soon as the "start_houre" ends (maybe with using a higher TF for the candles than 1h to give the remaining trades room to breathe) Maybe I have to visual test this idea first, but just wanted to share it so people can shoot at it.
J
Steve,
do you want us to let it run on demo a few more days or ready to brainstorm about exits?
And, according to that, do you want to start a new tread or continue in this one and edit post one? Well, I guess it's up to you. Time will tell
I had one exit-idea (bath moment
) I want to share, just in case I forget it while busy with work. What if we use the CTS as soon as the "start_houre" ends (maybe with using a higher TF for the candles than 1h to give the remaining trades room to breathe) Maybe I have to visual test this idea first, but just wanted to share it so people can shoot at it.J
- #87
- Jun 1, 2011 1:16pm Jun 1, 2011 1:16pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Nice indeed.
Steve,
do you want us to let it run on demo a few more days or ready to brainstorm about exits?
And, according to that, do you want to start a new tread or continue in this one and edit post one? Well, I guess it's up to you. Time will tell
So, please hang on to your thoughts for now.
Cheers
- #89
- Jun 1, 2011 7:18pm Jun 1, 2011 7:18pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
hi steve,
just been testing the your brilliant ea.
there seems to be problem i think. the ea put out a buy stop #34 way
out of place.
take a look at the attachment
I will worry about this if it happens in forward testing on demo. Strategy tester is notoriously unreliable.
The trade price calculation includes the spread, so a spike in this will cause a ridiculous fill price. If necessary, I will add a max spread input.
Hi Steve,
thanks for the quick reply.
Just a suggestion, I see from page 1 of the thread
• Place a stop loss on both orders at the low of the inside bar.
• Place a take profit on one of the orders at the same distance from the open as the stop loss but in the opposite direction of course.
• Do NOT place a TP on the other order.
One of two things will eventually happen:
1. Both orders will close at the stop loss for a small loss or
2. The order with the TP will close at a profit
Since your closed order was profitable for the exact same amount as the stop loss on the unclosed order that order is in effect “FREE” and heading in the direction of the expected trend. Even if it reverses and closes at it’s SL the trades are a break even
I understand that instead of two orders we made it into one.
But going with the original idea as above, can the bot be made to Place a stop loss on the order at the low of the inside bar?
can the bot be made to Place a take profit on half the order at the same distance from the open as the stop loss but in the opposite direction.
From the strategy testing it seems like your bot is already profitable as
it is.
But if its possible to add the above options into the bot then we will
really be testing the dibs method of getting into FREE trades.
I apologise in advance if i have misunderstood in my setting up of
your bot or if I am out of line in my request.
As i hold you in the highest esteem as THE BEST programmer on
forexfactory(been following your threads for a few years)
thanks for the quick reply.
Just a suggestion, I see from page 1 of the thread
• Place a stop loss on both orders at the low of the inside bar.
• Place a take profit on one of the orders at the same distance from the open as the stop loss but in the opposite direction of course.
• Do NOT place a TP on the other order.
One of two things will eventually happen:
1. Both orders will close at the stop loss for a small loss or
2. The order with the TP will close at a profit
Since your closed order was profitable for the exact same amount as the stop loss on the unclosed order that order is in effect “FREE” and heading in the direction of the expected trend. Even if it reverses and closes at it’s SL the trades are a break even
I understand that instead of two orders we made it into one.
But going with the original idea as above, can the bot be made to Place a stop loss on the order at the low of the inside bar?
can the bot be made to Place a take profit on half the order at the same distance from the open as the stop loss but in the opposite direction.
From the strategy testing it seems like your bot is already profitable as
it is.
But if its possible to add the above options into the bot then we will
really be testing the dibs method of getting into FREE trades.
I apologise in advance if i have misunderstood in my setting up of
your bot or if I am out of line in my request.
As i hold you in the highest esteem as THE BEST programmer on
forexfactory(been following your threads for a few years)
- #95
- Jun 2, 2011 11:11am Jun 2, 2011 11:11am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Regarding problems with the stop losses. Mine hasn't been sending a stop loss with the original orders, but works okay when the trailing / breakeven stop losses kick in.
Looking at the logs it appears that it is trying to send the stop losses, but it gets rejected with Error 3, invalid parameters.
My broker requires two stage orders for market orders, but single stage orders for pending. I had ECN = on, as is usually required, but have now switched to ECN = false. Since they are all pending orders with this EA, I expect this will now work as...
Cheers.
- #96
- Jun 2, 2011 11:29am Jun 2, 2011 11:29am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Steve:
Suggestion.....Can a Time Frame parameter be added to the bot since IB's occur in a TF's? I was thinking particularly of the 4 hr and daily. Running the bot on a higher TF would in many cases give you a wider spread (and larger drawdowns) but might allow many orders rejected for "invalid trade parameters" to be placed.
I have no idea of the complexity involved in coding this but I thought I'd throw it in the pot since the bot seems to hold great promise. I have many "free" trades running and am using your jumping stop close and they...
- #100
- Jun 2, 2011 4:18pm Jun 2, 2011 4:18pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Not sure if the pendings are being deleted right. I manually deleted the first pending in the pic below but my understanding of the rules are that the trade would be deleted after the next bar when it wasn't triggered.
Does this mean:
- opening of bar 1: pending trade sent
- opening of bar 2: deletes pending if not filled
or
- opening of bar 1: pending trade sent
- bar 2: waits to see if trade fills
- opening of bar 3: deletes pending if not filled
I will look at the yellow line thingy. Not much point in having it lying around if there is no pending trade in place.