Pippo: a Murrey Maths retrace auto-trading EA by SteveHopwood | Page 17 | 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

  • #321
  • Jul 6, 2011 11:28pm Jul 6, 2011 11:28pm
Quoting droland
OK. I have a bit of a run against the EurAud on H4. Not serious but something I need to watch.

I am down $150 on an almost $2k account. I have all four levels open 0.01, 0.02, 0.06 and 0.12. It has moved way passed this so I have added 0.2 as an extra order 34 pips below the 0.12 entry. This is a manual entry. My margin is fine at 1200%.

I have then added mptm for this pair only to BE plus 10 pips letting my other pairs continue to trade.

I am reporting this now in the hopes of bragging tomorrow. Just so you can follow my thought...
Hi Dave

Are you on H1 TF?
I ask because on my H4 demo EURAUD is in band 5 with no trades.

Thanks

Paul
  • #322
  • Edited 11:42pm Jul 6, 2011 11:32pm | Edited 11:42pm
Quoting batemap
Hi Dave

Are you on H1 TF?
I ask because on my H4 demo EURAUD is in band 5 with no trades.

Thanks

Paul
No. You read too fast. H4.

I have found I don't like trading anything less than H4 with this EA but I will still watch everything when I can and intervene.

I love my Scalpers. Another wonderful day.

I know Paul that you are in Aus. I am Vancouver, B.C. so I don't expect much on the EurAud for Pippo now until London open which is for me about 12 midnight. Crap. Another long night.

dr

ps. Oops. I forgot. mptm will handle this for me. zzzzzzzzzzz!!
  • #323
  • Jul 7, 2011 12:17am Jul 7, 2011 12:17am
One thing I have noticed is that if I enter my own manual Pending Orders, Pippo immediately closes them. I assume that is part of the iteration however, that means that I have to be up at midnight plus to enter my recovery entries.

We might want to think how we can overcome that limitation.

Just as an example, my problem runaway, EurAud has a Daily 1/8 resistance at 1.33057. I entered a Pending Buy at 1.33057 but it was immediately closed even though I have 5 other entries open. I think we need to rethink (re-program) this.

Dave R.
  • #324
  • Jul 7, 2011 1:26am Jul 7, 2011 1:26am
OK. I entered what I thought was the correct entry to use mptm. Here is my set file. How did I FU this. It was supposed to be a global close of all EurAud trades.

DR

God help me. Why can't I upload a .set file. Shite. Here it is as a zip file.
Attached File(s)
File Type: zip recovery fu.zip   2 KB | 353 downloads
  • #325
  • Edited 2:33am Jul 7, 2011 2:19am | Edited 2:33am
Yeah. I have to say we need to allow the manual input of additional trades beyond the four traditional trades.
I am sitting here now way past midnight because it immediately cancels any manual trade I input as a "Pending" trade. I have to sit it up here in the dark waiting for the market to actually move to some usable position before I can then enter my own reverse trade.

dr
  • #326
  • Jul 7, 2011 3:15am Jul 7, 2011 3:15am
I am adapting a new approach to trading with Pippo.Personally I enjoy trading the 15 min charts more activity and more fun.

I noticed that the Risk Return was a downfall ie small profits and and a few death trades that would wipe out profit and some equity.

My solution is to increase the take profit and limit the loss with stop losses.
1) I have increased the take profit from 0.5 x Octave length to 0.7 x Octave length , also it is a fixed value and does not move when the octaves move. So far the profits have improved quite noticeably as I have been trading this style from last week Tuesday.
2) Then I have added a stop loss the lenght of the octave . There will be a few more losses but the profits should be enough to keep it profitable.

Now the question is what code am I using ? I have no idea I cannot code . I am using a trade replicater and then managing the copied trades with mptm . I am manually calculating the octave lenght and using Hidden Stops and Hidden profits.

Will trade this way for a few weeks and if it works then I will give feedback.

Personally, throwing the whole mptm code into pippo might sound crazy but it would help us to pimp this EA.

Steve my thanks for this fun EA , well done .
  • #327
  • Jul 7, 2011 4:54am Jul 7, 2011 4:54am
Latest update in post 1 is especially for David.

DeleteUnwantedPendings tells Pippo not to delete pending trades when set to false.

  • #328
  • Jul 7, 2011 6:18am Jul 7, 2011 6:18am
Just to show the difference a take profit of 0.7 and SL of the octave length compared to TP of 0.5 of octave length makes ,I have attached a copy of todays trades till now only . My EA is off now because of the news reports out now .

One account is otb settings the other is copied trades with manual tp and sl set and managed by mptm.

The profit adjustment makes a noticeable improvement ie Profit of 3319 vs a profit of 715 with a negative 1333 open orders .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pippo duplicated and managed by MPTM.JPG Size: 139 KB
Click to Enlarge Name: pippo otb settings.JPG Size: 199 KB
  • #329
  • Jul 7, 2011 6:26am Jul 7, 2011 6:26am
Hello Sandovich,

Very interesting notes. Please do keep us informed of your results over time.

Regards,
Jeff

Quoting Sandovich
I am adapting a new approach to trading with Pippo.Personally I enjoy trading the 15 min charts more activity and more fun.

I noticed that the Risk Return was a downfall ie small profits and and a few death trades that would wipe out profit and some equity.

My solution is to increase the take profit and limit the loss with stop losses.
1) I have increased the take profit from 0.5 x Octave length to 0.7 x Octave length , also it is a fixed value and does not move when the octaves move. So far the profits have improved quite noticeably as I have...
  • #330
  • Jul 7, 2011 8:25am Jul 7, 2011 8:25am
Quoting droland
OK. I entered what I thought was the correct entry to use mptm. Here is my set file. How did I FU this. It was supposed to be a global close of all EurAud trades.

DR

God help me. Why can't I upload a .set file. Shite. Here it is as a zip file.
Hi Dave

Not had much time to look, but I've used the GlobalOrderClosure function before. Enable this and decide whether you want a dollar, percent of account balance or pip profit and MPTM will close ALL open trades when that profit is hit.

Hope you aren't too tried after staying up.

Paul
  • #331
  • Jul 7, 2011 11:39am Jul 7, 2011 11:39am
Quoting SteveHopwood
Latest update in post 1 is especially for David.

DeleteUnwantedPendings tells Pippo not to delete pending trades when set to false.

Thanks Steve.

My midnight venture was successful. EurAud retraced and closed everything with a small profit. I do love mptm.

Dave R.
  • #332
  • Jul 8, 2011 5:08am Jul 8, 2011 5:08am
On my TakeProfit version I am occansionally getting two pending trades for the same lot size and pair. If the price is hit then both trades are opened.

Is anybody else seeing this?

Sandovich - I've had a look at your variant and the Pippo code. So, I think it should be easy(?!) to code I'll give it a shot over the weekend/next week, but I have been drinking, so the coding effort maybe bigger than the Ben Hur and I don't know it yet

Paul
  • #333
  • Jul 8, 2011 5:41am Jul 8, 2011 5:41am
Quoting batemap
On my TakeProfit version I am occansionally getting two pending trades for the same lot size and pair. If the price is hit then both trades are opened.

Is anybody else seeing this?

Paul
Are you using the non-deletion of pendings that I added for David? The deletion feature is part of the antl-mt4 weaponry; disabling it means that there can be duplicates.

Hang off from coding anything until I upload the next update sometime today. I am adding flexible take profit to Pippo, so people can have the tp line drawn to their own choice.

  • #334
  • Jul 8, 2011 5:56am Jul 8, 2011 5:56am
The latest update is in post 1. Please read the Trading the Bands section.

  • #335
  • Jul 8, 2011 6:13am Jul 8, 2011 6:13am
Steve, thanks so much for this!! What an asset you are to the FF community. Thanks also for coding all of these EA's, I really enjoy playing with them.
  • #336
  • Jul 8, 2011 6:36am Jul 8, 2011 6:36am
I just thought I would show my result for this morning , switched off the EA 1hr before news on GBP and switched on 1hr afterwards again when the noise settled down. Its now off again , before USA news .

Just to show you that adjusting the TP has paid off compare the 2 results otb and one with TP and SL . I was also considering doing a jump stop when price touches last octave as there is sometimes a nice run up about 2 octaves .
Also I try and moniter my risk by holding only 2 trades of the same currency open at once.

Personally the Stops seem to be working well for me. But it is still early days waiting for a really bad trading day to see if SL holds.

Looking forward to testing the new Pippo with TP adjustment and to see what batemap can do . Man I so wish I can code !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pippo duplicated and managed by MPTM.JPG Size: 90 KB
Click to Enlarge Name: pippo otb settings.JPG Size: 157 KB
  • #337
  • Jul 8, 2011 10:46am Jul 8, 2011 10:46am
On my H4 Live account, as of this morning, I have grown my account from $1,607 to $2,108 (oops just jumped to $2112 as I write this) since I think June 24.

Thats slightly over $500 or just over 30% in two weeks. I have had to intervene a few times as discussed previously and today, I had to manually add another progression as the bands were redrawn and the first trade got orphaned.

By orphaned I mean that a valid entry gets isolated in a no trade zone when the bands redraw on the H4 bar shift. Not sure how to handle this yet.

Dave R.,
  • #338
  • Jul 8, 2011 11:09am Jul 8, 2011 11:09am
[quote=Sandovich;4762915]I just thought I would show my result for this morning , switched off the EA 1hr before news on GBP and switched on 1hr afterwards again when the noise settled down. Its now off again , before USA news .


Hi Sandovich

Excellent results! Is there a way you can share your set file? I would like to bac test your settings.

Hope to hear from you soon.

Regards
  • #339
  • Jul 8, 2011 11:57am Jul 8, 2011 11:57am
Here's my Pippo......D1

Have a great weekend

whip
Attached Image (click to enlarge)
Click to Enlarge Name: Pippo_D1.png Size: 26 KB
  • #340
  • Jul 8, 2011 12:39pm Jul 8, 2011 12:39pm
To Steve for is tenacity on building and improving bots faster than can be understood and to every contributor polishing the tools that are been given.



Happy weekend and many real pips to all
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