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Ibuks breakout reversal auto trading robot by Steve Hopwood

  • #21
  • Jun 7, 2011 1:55am Jun 7, 2011 1:55am
Hi Steve

I was just having a quick glance at the code and something seems to be missing. In the code below you don't do anything when the order is sent successfully, no problem, but when the order fails I think you intended to resend, alert or something?

void LookForTradingOpportunities()

//Actions when trade send succeeds
if (SendTrade && result)
{

}//if (result)

//Actions when trade send fails
if (SendTrade && !result)
{

}//if (!result)
  • #22
  • Edited 2:09am Jun 7, 2011 1:56am | Edited 2:09am
OK, I little more fiddling and it seems this EA is actually using SessionEndTime as the time you want it to stop taking new trades. So for instance if you only want to trade during the london session you would:

StartTime = Asian session start
EndTime = Asian session end
SessionEndTime = London Session End (or when you want it to stop taking new trades)
TradeCloseHour = local time you want the EA to close the trades.

I'm beginning to think my lack of blood sugar recently is effecting my thinking... ehh.

EDIT: I also think I figured out what when wrong with that backtest I ran earlier. If I'm understanding the code correctly, it will always close trades based on your local time, but since the backtester has no way to determine this, it simply assumes its always true and just closes every trade thats opened. So the EA opens a trade and then immediately closes it... over and over and over again in the backtester. Which is how I ended up with ~79,000 trades and 95% loosers. good times. So yeah, no backtesting this one.
  • #23
  • Jun 8, 2011 10:23am Jun 8, 2011 10:23am
Hi Steve,
Wanted to shoot you a quick report on this bot that is now running very well....This all took place right after I came to the understanding that there are 24 hours in a day and not 18......I'm also going to start parking my pickup truck in the shade.....

Have a great week

whip
Attached Image (click to enlarge)
Click to Enlarge Name: Ibux.gif Size: 5 KB
  • #24
  • Jun 8, 2011 6:25pm Jun 8, 2011 6:25pm
Quoting batemap
Hi Steve

I was just having a quick glance at the code and something seems to be missing. In the code below you don't do anything when the order is sent successfully, no problem, but when the order fails I think you intended to resend, alert or something?

void LookForTradingOpportunities()

//Actions when trade send succeeds
if (SendTrade && result)
{

}//if (result)

//Actions when trade send fails
if (SendTrade && !result)
{

}//if (!result)
Sorry Paul; I missed this earlier.

All my bots are coded from my shell ea. This inevitably leaves behind redundant code because I am to lazy to clear it all out. This code is merely such redundant code.

  • #25
  • Jun 8, 2011 6:39pm Jun 8, 2011 6:39pm
Quoting SteveHopwood
Sorry Paul; I missed this earlier.

All my bots are coded from my shell ea. This inevitably leaves behind redundant code because I am to lazy to clear it all out. This code is merely such redundant code.

OK Steve, just thought I'd check

Paul
  • #26
  • Jun 9, 2011 8:12am Jun 9, 2011 8:12am
Hope you have this one on demo Steve.....
  • #27
  • Jun 9, 2011 8:36am Jun 9, 2011 8:36am
Quoting hiredwhip
Hope you have this one on demo Steve.....
Yes, I do. It has made a good start.

  • #28
  • Jun 12, 2011 5:31pm Jun 12, 2011 5:31pm
Fascinating opening to the trading week. After the markets opened tonight (UK), I loaded the platform and the bot immediately started opening and closing trades at will - neatly wiping out all last week's demo profits and taking out a lot of the deposit until I closed down the platform.

No idea why. Clearly not a bot ready for live trading.

  • #29
  • Jun 12, 2011 9:56pm Jun 12, 2011 9:56pm
Maybe it is something to do with the trade timing and it just needs a setting to block out trading for he first few hours of each week?
  • #30
  • Jun 13, 2011 1:41am Jun 13, 2011 1:41am
Quoting Invisible
Maybe it is something to do with the trade timing and it just needs a setting to block out trading for he first few hours of each week?
Yes. Either this or an x > 0 somewhere in the code. I will sort this out this week.

  • #31
  • Jun 13, 2011 1:15pm Jun 13, 2011 1:15pm
Thanks, Steve. It seems like Ibuk was doing great until some sort of logic issue killed the profits. Definitely worth sorting out.

Cheers mate

Invisible
  • #32
  • Jun 14, 2011 7:14am Jun 14, 2011 7:14am
Good Morning Steve,
After setting this thing up with my dunce cap on and spending a week trying to figure out what I did this puppy has really taken off......
Don't hesitate on it now please....

Have a great week

whip
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
  • #33
  • Jun 14, 2011 11:57am Jun 14, 2011 11:57am
Superb results, Whip.

Did you experience the same issues Steve did at the start of the trading week? If not, then this leads me to wonder whether the issue is something to do with how it calculates times, since then the only difference between your set up and Steve's set up would have been your local time and / or your broker time.

Giving this a bump as this bot really does look good and it would be great if we could get to the bottom of this problem Steve experienced.

Cheers

Invisible
  • #34
  • Edited 7:16pm Jun 14, 2011 6:30pm | Edited 7:16pm
Quoting Invisible
Superb results, Whip.

Did you experience the same issues Steve did at the start of the trading week? If not, then this leads me to wonder whether the issue is something to do with how it calculates times, since then the only difference between your set up and Steve's set up would have been your local time and / or your broker time.

Giving this a bump as this bot really does look good and it would be great if we could get to the bottom of this problem Steve experienced.

Cheers

Invisible
After rereading Steve's 2 posts there is nothing I could add that would help and I have no worries that he will solve this......

whip
  • #35
  • Jun 30, 2011 4:01pm Jun 30, 2011 4:01pm
Hi Steve,
Don't forget about this bot now.....I've just moved it to my live account platform and started up a real demo as a control and I can also hedge that SL which I'm going to start doing......You no I never go anywhere without MPTM....I'll start posting with all the bells and whistles in 2 weeks....This puppy is really handy, kudo's to you and Ibux!!!

Have a great evening

whip
  • #36
  • Jun 30, 2011 4:15pm Jun 30, 2011 4:15pm
Quoting hiredwhip
Hi Steve,
Don't forget about this bot now.....I've just moved it to my live account platform and started up a real demo as a control and I can also hedge that SL which I'm going to start doing......You no I never go anywhere without MPTM....I'll start posting with all the bells and whistles in 2 weeks....This puppy is really handy, kudo's to you and Ibux!!!

Have a great evening

whip
Just remember I never got to the bottom of that strange trade-send-then-delete episode that wiped out all my demo profits then some more. I think probably make sure the trading week is established before firing it up.

  • #37
  • Jun 30, 2011 4:33pm Jun 30, 2011 4:33pm
Quoting SteveHopwood
Just remember I never got to the bottom of that strange trade-send-then-delete episode that wiped out all my demo profits then some more. I think probably make sure the trading week is established before firing it up.

Steve...I haven't seen that but I haven't been closing trades either in order to setup for hedging

whip
  • #38
  • Jul 8, 2011 10:29am Jul 8, 2011 10:29am
Hi Steve,
Ibux off to a fairly good start after changing brokers and adding the hedge....Needs a math adjustment on the hedge IMHO and we will have at it next week....One good thing even with the DD alittle high this puppy really wants to trade....

Have a great weekend

whip
Attached Image (click to enlarge)
Click to Enlarge Name: Ibux.png Size: 31 KB
  • #39
  • Jul 8, 2011 4:45pm Jul 8, 2011 4:45pm
Quoting hiredwhip
Hi Steve,
Ibux off to a fairly good start after changing brokers and adding the hedge....Needs a math adjustment on the hedge IMHO and we will have at it next week....One good thing even with the DD alittle high this puppy really wants to trade....

Have a great weekend

whip
Have fun.

  • #40
  • Edited 11:36am Jul 23, 2011 11:25am | Edited 11:36am
Hi Ibux and Steve,
I promised Ibux, after trading PM's with him that I would post everything I was doing with this bot....Hopefully we can improve an already tight strategy and all the "hot shoes" here at FF will jump in and help....
The bot is set up on East Coast USA time (-5 from London)....Hopefully this will help the setup...This thing has lots of potential and Ibux and Steve have done a great job on it...
Please change the mptm.txt to mptm.set and put it in the presets folder...

Good Luck with it....

whip
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-07-23_1207.png Size: 21 KB
Attached File(s)
File Type: txt mptm.txt   5 KB | 673 downloads
File Type: pdf Ibux_ 1372173 - Hiredwhip.pdf   84 KB | 868 downloads
File Type: mq4 Whip's_Ibuks breakout reversal auto trading robot by Steve Hopwood.mq4   59 KB | 681 downloads
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