Reversi: a dynamically calculated x-candle reversal EA by Steve Hopwood | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

how to assign a variable dynamically? 13 replies

Dynamically allocated - jagged object arrays 0 replies

Link OHLC data for 5 daily bars dynamically to Excel? 3 replies

How to dynamically define an array 5 replies

Attachments: Reversi: a dynamically calculated x-candle reversal EA by Steve Hopwood
Exit Attachments

Reversi: a dynamically calculated x-candle reversal EA by Steve Hopwood

  • #81
  • Jun 16, 2011 4:49am Jun 16, 2011 4:49am
It looks as though the trade-sending decision-making requires an extra conditional. I have added this to an update in ost 1.

Those of you who can, go to void LookForTradingOpportunities()
Find this line of code:
Inserted Code
if (TradeDirection == up && !DoesTradeExist(OP_SELL) && (Ttrend == up || Ttrend == ranging) )
and change it to:

Inserted Code
if (TradeDirection == up && !DoesTradeExist(OP_SELL) && (Ttrend == up ||[color=Red] (!UseTrendDetection && Ttrend == ranging))[/color] )
Then find this line of code:
Inserted Code
if (TradeDirection == down && !DoesTradeExist(OP_BUY) && (Ttrend == down || Ttrend == ranging) )
and change it to:

Inserted Code
if (TradeDirection == down && !DoesTradeExist(OP_BUY) && (Ttrend == down || [color=Red](!UseTrendDetection && Ttrend == ranging)) [/color])

and re-compile

  • #82
  • Jun 23, 2011 7:22am Jun 23, 2011 7:22am
Just to let everybody know, I am trading Reversi on my live account, and am in the process of replacing The Beast with this bot.

  • #83
  • Jun 23, 2011 7:38am Jun 23, 2011 7:38am
Quoting SteveHopwood
Just to let everybody know, I am trading Reversi on my live account, and am in the process of replacing The Beast with this bot.

Sorry to ask the obvious question; what settings do you use?

Best,
Gertjan
  • #84
  • Jun 23, 2011 9:09am Jun 23, 2011 9:09am
Quoting Gertje
Sorry to ask the obvious question; what settings do you use?

Best,
Gertjan
TP 300
SL 0
JS 50 (BEP 10)
Single moving average at default for trend detection
Everything else pretty much ootb.

  • #85
  • Jun 23, 2011 9:20am Jun 23, 2011 9:20am
Quoting SteveHopwood
TP 300
SL 0
JS 50 (BEP 10)
Single moving average at default for trend detection
Everything else pretty much ootb.

How often does R trade on average?
I get on averige 5-7 trades over the year 2010 on the H1 TF while testing multiple pairs.
  • #86
  • Jun 23, 2011 10:51am Jun 23, 2011 10:51am
Hi,

Once again many thanks for this EA.

I am testing it on a G/U 5M chart and I only want to use the longest sequence to trigger the trade. On G/U at the moment with a 1000 calculation the highest sequence is 8.

I have the AutoCalculateStats set to true and 1000, I have the UseLongestSequence set to true, and the UseMostFrequentSequence set to false.

I would expect the EA to only open a trade after 8 consecutive same colour candles however it opened a trade after only 6 consecutive candles.

Just thought I would let you know this, is my understanding of this issue correct?

(Just as a side note I also have the minimum candle size set to 0 so it is irrelevant).

Many thanks

Jimmy
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #87
  • Jun 23, 2011 11:39am Jun 23, 2011 11:39am
I have added a bit more to the single MA trend detection - a confirmatory MA. Details and update in post 1.

  • #88
  • Jun 23, 2011 3:07pm Jun 23, 2011 3:07pm
A thread worth looking at guys - looks as though it could be really helpful http://www.forexfactory.com/showthre...85#post4721385

  • #89
  • Jun 23, 2011 7:36pm Jun 23, 2011 7:36pm
Quoting SteveHopwood
TP 300
SL 0
JS 50 (BEP 10)
Single moving average at default for trend detection
Everything else pretty much ootb.

Hi Steve,

Just wondering why No SL?
Are you that confident with the signals that this method of trading generates?
(EDIT: I answered my questions above... I see you're using 1.2.6 Recovery )

Also, what TF and pairs are you using for when trading R on your live account?

Cheers,
TG
  • #90
  • Jun 23, 2011 7:38pm Jun 23, 2011 7:38pm
Great news.... which means I probably should write something up for a new project....
  • #91
  • Jun 24, 2011 12:37am Jun 24, 2011 12:37am
Wow, I am a away for a week from the forums and I have 2 years worth of stuff that I need to catch up on.

You are relentless to my brain.

You make me feel more and more like a zombie that needs to feed on more braaiins just to keep up.

Epic All

  • #92
  • Jun 24, 2011 1:32am Jun 24, 2011 1:32am
Quoting the-game
Hi Steve,

Just wondering why No SL?
Are you that confident with the signals that this method of trading generates?
(EDIT: I answered my questions above... I see you're using 1.2.6 Recovery )

Also, what TF and pairs are you using for when trading R on your live account?

Cheers,
TG
H1. Lots of pairs.

  • #93
  • Jun 24, 2011 1:49am Jun 24, 2011 1:49am
Thanks Steve I might stick to just the lower spread/popular pairs for now, but if the frequency of trades is lacking (for me), then I might add more pairs I like.
  • #94
  • Jun 24, 2011 3:11am Jun 24, 2011 3:11am
I'm loving this one already Steve

I'm having a bit of difficulty getting my tired brain to set up the trailing stop for recovery trades and the jumping stop loss though.

1. I currently have Recoverytrailingstop set to TRUE, yet it doesn't seem to be working.


2. In respect of my primary trades, I've set an initial profit target of 300, and then I'm using the trade management module to handle the rest:

Breakeven = TRUE
Breakevenpips = 25
Breakevenprofit = 10

Jumpingstop = TRUE
Jumpingstoppips = 50
AddBEP = TRUE
Jumpafterbreakevenonly = TRUE

Everything else is set to false.

What I expected to happen was that my primary trades would move (hopefully) in the right direction and the red dashed breakeven line appears after a few pips (which it does).

But then even where there has been significant movement in my favour, the jumping stop doesn't catch up and when the price retraces I end up with minimal profit.

For example, I am currently long on EURJPY at 113.970, breakeven has been set a few pips above, however the price rocketed up to 114.892 and has since retraced as far back as 114.401.

I would have expected the stop loss to have jumped up after that first 50 pip move after the breakeven point?

I hope I'm not missing something really obvious here

If someone who is successfully using the trailing stop and/or jumping stop could post their set files or point out any patent errors I have made, I would be very grateful.
  • #95
  • Jun 24, 2011 4:23am Jun 24, 2011 4:23am
Quoting forexpippy
I'm loving this one already Steve

I'm having a bit of difficulty getting my tired brain to set up the trailing stop for recovery trades and the jumping stop loss though.

1. I currently have Recoverytrailingstop set to TRUE, yet it doesn't seem to be working.


2. In respect of my primary trades, I've set an initial profit target of 300, and then I'm using the trade management module to handle the rest:

Breakeven = TRUE
Breakevenpips = 25
Breakevenprofit = 10

Jumpingstop = TRUE
Jumpingstoppips = 50
AddBEP = TRUE
Jumpafterbreakevenonly...
I have never used R's BE in conjunction with JS; maybe they do not work together properly - no idea. Try turning off the management features and use mptm to achieve the same thing instead. If mptm works, then we know R is faulty. If not, then we know you are faulty and need some rewiring.

  • #96
  • Jun 24, 2011 1:35pm Jun 24, 2011 1:35pm
Boy oh boy, but it did not take IBFX Aussie long to start farting around with their customers. Along with others I have no doubt, I just received this corker from them:

"Beginning Monday June 27th, 2011, IBFX Australia will institute a three minute daily trading halt from 21:00 GMT to 21:03 GMT. After much research it has been determined that low liquidity during this time is leading to an unstable trading environment. This trading halt is necessary to provide you, our valued customers, with the best trading experience possible.

If you have any questions or concerns, Customer Service is always available to assist you by phone or chat at http://www.ibfx.com.au/Contact.

Thank you for your continued support.
IBFX Australia"

Cretins. My reply was short, sharp and very rude.

Basically, what it means is this: IBFX Aussie are following the example of their parent company and starting to piss around with their 'valued customers'. Think twice before opening a live trading account with these clowns. After thinking twice, find someone else.

Those of you with an account already open, show no mercy in your replies. The Cretins do not deserve any.

  • #97
  • Jun 25, 2011 2:45am Jun 25, 2011 2:45am
Quoting SteveHopwood
Boy oh boy, but it did not take IBFX Aussie long to start farting around with their customers. Along with others I have no doubt, I just received this corker from them:

"[color=Blue]Beginning Monday June 27th, 2011, IBFX Australia will institute a three minute daily trading halt from 21:00 GMT to 21:03 GMT. After much research it has been determined that low liquidity during this time is leading to an unstable trading environment. This trading halt is necessary to provide you, our valued customers, with the best trading experience possible.

If...
When that message popped up last night, my jaw dropped to the ground. Do they really take us to be that stupid.

What unstable trading environment? I think it is more the crim's that is unstable.

I send them a message calling BS
  • #98
  • Jun 25, 2011 6:54am Jun 25, 2011 6:54am
Quoting SteveHopwood
Boy oh boy, but it did not take IBFX Aussie long to start farting around with their customers. Along with others I have no doubt, I just received this corker from them:

"Beginning Monday June 27th, 2011, IBFX Australia will institute a three minute daily trading halt from 21:00 GMT to 21:03 GMT. After much research it has been determined that low liquidity during this time is leading to an unstable trading environment. This trading halt is necessary to provide you, our valued customers, with the best trading experience possible....
This one is the best I have seen yet from a broker. Is it the 1st of April ?

So does the liquidity pick up at 21:04 ?

  • #99
  • Jun 25, 2011 8:22am Jun 25, 2011 8:22am
Quoting scooby-doo
This one is the best I have seen yet from a broker. Is it the 1st of April ?
So does the liquidity pick up at 21:04 ?

There must be something in it for them otherwise they would not have done it. Beware soon some others may do the same. If you recall last year FXSolutions starting charging swaps on daily basis. For the last few months forex.com (gain capital) has started doing the same. What can we do they are all criminals!!!!!!

Kind Regards
P.S. One option is to trade spread bets rather than forex, since bookies are much more honest than brokers.
  • #100
  • Jun 25, 2011 10:10am Jun 25, 2011 10:10am
Quoting astral77
There must be something in it for them otherwise they would not have done it. Beware soon some others may do the same. If you recall last year FXSolutions starting charging swaps on daily basis. For the last few months forex.com (gain capital) has started doing the same. What can we do they are all criminals!!!!!!

Kind Regards
P.S. One option is to trade spread bets rather than forex, since bookies are much more honest than brokers.
Can you direct me to such opportunities? PM if you wish.
0 traders viewing now