Pippo: a Murrey Maths retrace auto-trading EA by SteveHopwood | Page 2 | Forex Factory

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Attachments: Pippo: a Murrey Maths retrace auto-trading EA by SteveHopwood
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Pippo: a Murrey Maths retrace auto-trading EA by SteveHopwood

  • #21
  • Jun 9, 2011 8:45am Jun 9, 2011 8:45am
Setting up two demos right now
  • #22
  • Jun 9, 2011 9:25am Jun 9, 2011 9:25am
Quoting magft
Looking good so far, setup 9 pairs on H1 charts with default settings currently up 87pips since last . 14 trades and 75% win rate with 2% DD.
Have you seen any losing trades close unaccompanied by at least one winning trade? This is very important.
Vincit qui se vincit.
  • #23
  • Edited 12:50pm Jun 9, 2011 11:09am | Edited 12:50pm
Nice bot, but....

I have this EA on 2 accounts. One Alpari UK demo and one Alpari UK live (Steve didn't mention to NOT trade this one alive, so got to test it for real on penny-account )

All the 14 pairs are opperating in the same "band" except for 2 pairs. On one account I have GBPJPY in band 7 and in the other account on band 3.
The same with CHFJPY, one account also band 7 and the other account band 3.
The bandhigh and bandlow per pair have the same value on the 2 accounts (GBPJPY bandhigh 131.641 and low 131.250) (CHFJPY bandhigh 95.508 and bandlow 95.313) (@ 20:00 GMT+1)
The MM settings are OOTB. I double checked them and they are the same (P 64, MMperiod 15 and shift 0)
What can be causing this and does it affect the working of the EA?

EDIT: When I look at the MM lines, they aren't the same. On one account the CHFJPY +2/8 is @ 97.266 and on the other one +2/8 is @ 96.484. All the other lines are different also.
EDIT2: Pippo mentioned I had to change the mm period from 15 to 60 !


Also, as I got it right, Pippo should be deleting unfulfilled pending orders when a new 1H candle starts, but I had a few old pending orders still pending after hours but also from yesterday. When cancelling them manually they don't come back (except one created this hour/candle)


And one more question. What does Marknumber stand for in the settings?
  • #24
  • Edited 12:20pm Jun 9, 2011 11:23am | Edited 12:20pm
Quoting hiredwhip
....Since D1 was mentioned in the Post 1 explanation I have setup on D1.....
Whip, don't know if you overlooked it or if it is on purpose or a typo, but in post one Steve writes:
Quote

What this means is:

 

  1. Pippo H4 trades are going tobe few and far between. They will be open for much longer than TB trades but will be far more profitable individually.
  2. Pippo H1 trades will be more frequent and close more quickly, but will be more prone to MM line recalculations.
  3. Pippo D1: will it ever trade?

So better put it on H1 instead of D1, otherwise don't shoot me for interfering
  • #25
  • Jun 9, 2011 11:31am Jun 9, 2011 11:31am
Quoting Pippopotamus
Have you seen any losing trades close unaccompanied by at least one winning trade? This is very important.
Here are the current results and in answer to your question yes there was always a winning trade closed near to losing trade.

Looks very promising.

Mike
Attached File(s)
File Type: zip DetailedStatement.zip   8 KB | 845 downloads
  • #26
  • Edited 10:10pm Jun 9, 2011 11:52am | Edited 10:10pm
Quoting magft
Here are the current results and in answer to your question yes there was always a winning trade closed near to losing trade.

Looks very promising.

Mike
Please see ticket#1678266 in your statement....Pippo closes baskets, every closed basket must include a winning trade...only exception would be a WINNING lone trade. Assuming the data stream is unbroken, there can never be a LOSING lone trade. A LOSING lone trade means that something is not right. Would like Steve's input on just how the BOT handles gap openings on first candle of the new week. This BOT is not easy from any perspective. ps The first trade in statement is also a lone loser...I discount that as Pippo getting its' act together.
Vincit qui se vincit.
  • #27
  • Jun 9, 2011 12:07pm Jun 9, 2011 12:07pm
Quoting JulesvH
Nice bot, but....

I have this EA on 2 accounts. One Alpari UK demo and one Alpari UK live (Steve didn't mention to NOT trade this one alive, so got to test it for real on penny-account )

All the 14 pairs are opperating in the same "band" except for 2 pairs. On one account I have GBPJPY in band 7 and in the other account on band 3.
The same with CHFJPY, one account also band 7 and the other account band 3.
The bandhigh and bandlow per pair have the same value on the 2 accounts (GBPJPY bandhigh 131.641 and low 131.250) (CHFJPY bandhigh 95.508...
I suggest you put BOT on H1, or H4 TFs and then report back.
Vincit qui se vincit.
  • #28
  • Jun 9, 2011 12:19pm Jun 9, 2011 12:19pm
Quoting Pippopotamus
I suggest you put BOT on H1, or H4 TFs and then report back.
All of the pairs, on both accounts ARE on the 1H timeframe...
  • #29
  • Jun 9, 2011 12:24pm Jun 9, 2011 12:24pm
Quoting JulesvH
All of the pairs, on both accounts ARE on the 1H timeframe...
Set MM period to 60 for H1. At 15 you have it set for M15.
Vincit qui se vincit.
  • #30
  • Jun 9, 2011 12:45pm Jun 9, 2011 12:45pm
Quoting Pippopotamus
Set MM period to 60 for H1. At 15 you have it set for M15.
. Sorry. Thanks for the reply.
  • #31
  • Edited 7:11pm Jun 9, 2011 12:49pm | Edited 7:11pm
Quoting hiredwhip
A very unique setup ,as are the people involved......Since D1 was mentioned in the Post 1 explanation I have setup on D1......Should give me plenty of time for naps....,.Looking forward to this....

have a great week

whip
Was kicking butt quite nicely on D1...led to me dialing 1-800-MagicMan. The D1 mill grinds slowly, but exceedingly fine.
Vincit qui se vincit.
  • #32
  • Jun 9, 2011 1:52pm Jun 9, 2011 1:52pm
Quoting JulesvH
Whip, don't know if you overlooked it or if it is on purpose or a typo, but in post one Steve writes:
So better put it on H1 instead of D1, otherwise don't shoot me for interfering
Hi Jules,
I saw it.......but I'm glad you are keeping an eye on me......By the way you would have to do something real bad before I would start shooting at you...

Have a great week

whip
  • #33
  • Jun 9, 2011 1:55pm Jun 9, 2011 1:55pm
Quoting Pippopotamus
Was kicking butt quite nicely on D1...led to me dialing 1-800-MagicMan. The D1 mill grinds slowly, but exceedingly fine.
I like this thing Pippo......I'm going to leave it on D1

Good Luck with it

whip
  • #34
  • Edited 7:12pm Jun 9, 2011 2:05pm | Edited 7:12pm
Quoting hiredwhip
I like this thing Pippo......I'm going to leave it on D1

Good Luck with it

whip
May turn to scat...who knows? TB keeps chugging along...
Vincit qui se vincit.
  • #35
  • Jun 9, 2011 2:13pm Jun 9, 2011 2:13pm
Pippo: a Murrey Maths retrace auto-trading EA by SteveHopwood

Hi Steve!

Great Design!

Many thanks!

Best regards
FXcube
  • #36
  • Jun 9, 2011 2:53pm Jun 9, 2011 2:53pm
Quoting Forexcube
Pippo: a Murrey Maths retrace auto-trading EA by SteveHopwood

Hi Steve!

Great Design!

Many thanks!

Best regards
FXcube
Cheers.

  • #37
  • Jun 9, 2011 10:16pm Jun 9, 2011 10:16pm
Steve, how does the BOT handle gap openings at the first candle of the new week? I assume that if trade parameters have been met/exceeded, it simply acts (trades at) upon current price.
Vincit qui se vincit.
  • #38
  • Jun 9, 2011 11:29pm Jun 9, 2011 11:29pm
Quoting Pippopotamus
Steve, how does the BOT handle gap openings at the first candle of the new week? I assume that if trade parameters have been met/exceeded, it simply acts (trades at) upon current price.
Yes.

  • #39
  • Jun 10, 2011 2:32am Jun 10, 2011 2:32am
A re-calculation of the MM lines on the lower TF charts (H1 in my case) can leave a price that was originally in one of the trading bands now placed in one of the middle bands instead.

The bot handles this by closing the open position as soon as it reaches breakeven. Be aware that I made a small logic error in the code that handles this.

The middle bands are 5, 6, 7 and 8. Even non-coders can see that the current code:
Inserted Code
if (Band > 5 && Band < 9 && BasketUpl > 0) return(true);
misses band 5 from this calculation.

I will post a fix for this along with anything else that emerges at some stage. Be aware that this can happen and check profitable trades that are not closing, for this scenario.

For those of you still unable to do basic code editing, now is an excellent time to learn how. Once you have learned to do this, you will understand the benefits of being able to do so.

Go to http://www.forexfactory.com/showthread.php?t=89371 and download the 'How to edit a script code' zip. Read the pdf and try out the editing described within.

Apply what you learn to making a basic code edit to Pippo. Find the bool ShouldPositionClose() function - there is a function list early in the code, so you can highlight the function and press ctrl+F to call up the 'Find' window.

The last line of code in the function is:
Inserted Code
if (Band > 5 && Band < 9 && BasketUpl > 0) return(true);
This needs to change to:
Inserted Code
if (Band > [color=Red]4[/color] && Band < 9 && BasketUpl > 0) return(true);
then press the F5 key to recompile the code.

Have fun. You will never regret learning to do basic source-code editing.

Something similar to this is how I started mql4 coding; think about it.

  • #40
  • Jun 10, 2011 9:55am Jun 10, 2011 9:55am
Quoting SteveHopwood

Have fun. You will never regret learning to do basic source-code editing.

Something similar to this is how I started mql4 coding; think about it.

Learning to do this is also a big help if you have any visual handicaps. I have Gloucoma and I am always changing things as simple as colors and text sizes so that I can see better. I can not see the vertical prices along the side of the chart unless I am an inch away. I find my way around this by modifying different tools. S & R label along the side replace the vertical price. Metatrader is not kind to the visually handicapped. Every thing is tiny font.
Doug
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