Carolco: a grid auto-trading robot by SteveHopwood | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Flexy Grid EA (Grid Trading) 1,363 replies

Grid - New indicator that replaces chart grid 60 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Double Time Grid and Pip Grid 0 replies

Attachments: Carolco: a grid auto-trading robot by SteveHopwood
Exit Attachments

Carolco: a grid auto-trading robot by SteveHopwood

  • #41
  • Aug 28, 2011 9:52am Aug 28, 2011 9:52am
i just look inside ur update Steve... that's really what we need. i wanna ask u something? if 1st level trigered, and hit TP to 2nd level.. does this EA put again same order at 1st level? maybe we can add this fiture and set it with true or false... let say a CONTINUES TRADE TRUE or FALSE


regards
Simplicity your Life
  • #42
  • Sep 1, 2011 3:03pm Sep 1, 2011 3:03pm
I do not know what am I doing wrong but i must do something wrong cos I cant make Carolco work together with BB. If I understand it right. There should be opened two charts of one pair where in one chart there is BB and in the second chart is Carolco, right? (I cant find this info so this is only my presumption)

If so Im getting instant message "Contex busy error (146)


When I run carolco standalone (I set first pending manualy and then carolco send pendings according my setup) it works flawesly..

Sorry for dumb question
Do not beat me..
  • #43
  • Sep 1, 2011 3:28pm Sep 1, 2011 3:28pm
Dear Steve! could you please add BE closure function?

Today I played with MPTM together with carolco and I wasnt able to find the logic how to tell MPTM to act according my needs which are:

--Recorvery trade (without SL and TP) and first pending is filled
--trend is going 50 pips my way so MPTM will send SL to BE on recorvery trade. At this point I need SL for last (sixth) filled pending order in the same level as recorvery SL. At this stage I couldnt find the logic how to tell MPTM to send SL to both trades.
--Price goes my direction for another 10 pips (seventh pending is opened) and from this moment I need MPTM to watch floating P/L where when zero (price is right between the entries of the trades) it will close both orders.. In other words SLs of both opened trades should be in the middle of its entries.

I tried Global closure (I trade EU only) or basket SL settings but I cant find the logic..

If there is setting according my needs Do not kill my pathetic existence.
If not please add this to Carolco...

Thank You anyway..

  • #44
  • Sep 8, 2011 11:54pm Sep 8, 2011 11:54pm
Was just having a think about this one.. not sure if it has merit or not and Steve jsut about to look at the code, but I am thinking..

If you upped the lots at each level then you could get some really good outcomes. Especially if your TP is across the WHOLE order. It also falls into Steve's set and forget here.. http://www.forexfactory.com/showthread.php?t=313967

If you grided it out say @ 20 pips (maybe even 10?!) with leveraged stops, it might just work.
  • #45
  • Sep 12, 2011 10:43pm Sep 12, 2011 10:43pm
Ok so from my post above I have been playing around..

EUR/USD.

Set the grid @ 00.00GMT, 100pips, TP and SL also 100pips.
At 00:00GMT the next day, clear the grid, close all opens, and create a new grid..

Rinse and repeat..

Jan 1st to Today on EURUSD, 68% profit. Max Losers was 6 straight.. Now for some forward testing..
  • #46
  • Sep 13, 2011 1:05am Sep 13, 2011 1:05am
I noticed this also. Simple breakout of 4H candle made from 20-00 is very profitable on EU in 2011. The problem is you never know when this period ends.
  • #47
  • Sep 13, 2011 1:11am Sep 13, 2011 1:11am
Quoting carolco
I noticed this also. Simple breakout of 4H candle made from 20-00 is very profitable on EU in 2011. The problem is you never know when this period ends.
Well in backtesting (72% quality) from 1st Jan 2005 to Today, its profitable the whole journey, however, the crash of 2008, and the recovery are interesting times. But the fact remains, if you had held on through all of that.. your looking at:12% returns year on year.. Which is not too bad..

1538 trades.. over 83,000 pending trades.. added and deleted.

It only works on the EUR/USD, it seems other pairs burn badly.
  • #48
  • Sep 13, 2011 7:30pm Sep 13, 2011 7:30pm
Calling Steve!

I have been researching this system with a little more detail, below are my observations.

Scenario: Trending Sell Market..

We need the grid to continue to present the sell stops's as they appear. Closing them out at a set date and time (of our choosing - seems daily at xx:xx works the best for EUR/USD.

Scenario: Ranging Market..

Sell Limits are the way to go.

Now one of the filters I am looking at is a Moving Average (with range either side.. ) and if price is within this range then we can declare a ranging market, and sell limits are required.

The trouble I am having is coding all of this.. seems I have the close on time going ok (however it closes ALL open orders, not just this EA's - Still working on Magic Numbers) but now including a filter to determine weather we are in SellStop or SellLimit mode.
  • #49
  • Sep 13, 2011 7:57pm Sep 13, 2011 7:57pm
Quoting stevenali
I trade GOLD,

if i don't use FILTER 10 MA at 5MTF I will BLOOD CRY now

here is my template

if LEVEL below 10MA, i will SELL at every LEVEL... even if price back to PREVIOUS LEVEL but still below 10 MA, i put SELL AGAIN

just like that
Any further details on your method? eg TP SL etc?
Just trade the pullback you idiot!
  • #50
  • Sep 14, 2011 3:58am Sep 14, 2011 3:58am
No love here.. try this for a backtest result.

Thats yup.. $300.. 0.03 mini lots.. return.. $2100.. 700%.. In 2 years..
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 17 KB
  • #51
  • Sep 18, 2011 3:19am Sep 18, 2011 3:19am
Hey guys, I've read the first post of this thread some 5 times and the whole thread over and I think I must be missing something here.

Assuming trading in one direction only... what is the point in setting the open price for the next order the same as the TP of the current order? Doesn't that mean we're closing a position only to re-open it immediately? Why not just leave the position open and save the spread?

I really must be thick...
  • #52
  • Sep 18, 2011 5:19pm Sep 18, 2011 5:19pm
Quoting bombastic
Hey guys, I've read the first post of this thread some 5 times and the whole thread over and I think I must be missing something here.

Assuming trading in one direction only... what is the point in setting the open price for the next order the same as the TP of the current order? Doesn't that mean we're closing a position only to re-open it immediately? Why not just leave the position open and save the spread?

I really must be thick...
No your right.. I tweaked the original code, and this week will be putting in BE and Trailing Stops, as well yer, as you put it.. you can save yourself the spread.

  • #53
  • Sep 19, 2011 3:33am Sep 19, 2011 3:33am
Quoting triptizine
No your right.. I tweaked the original code, and this week will be putting in BE and Trailing Stops, as well yer, as you put it.. you can save yourself the spread.
So if placing a single order with a trailing stop is equivalent (save the spread) to placing all these adjacent orders, what are we actually trying to achieve here? I might as well have just manually placed an order with a trailing stop?
  • #54
  • Sep 19, 2011 12:19pm Sep 19, 2011 12:19pm
1st day result

the account is profit 700 pips... but when i can get to my computer, it's already down 470 pips more... i chose to close all and EA not enough fast to close all the trade. when it's done.. only 183 pips i got

IMHO, what we need is

1. SET TARGET at % of equity... so when equity rise at xx%, EA will close all position and stop trade. what we need is ONE EA that has fiture to chose what pair we wanna trade.

2. EA can close all trade FASTER...

3. SETTING TIME to RUN EA, i believe opening LONDON SESSION is the best to start this EA..

4. fitur TP so it can be set TRUE or FALSE

hope Steve can help us
Attached Image (click to enlarge)
Click to Enlarge Name: carolco.gif Size: 6 KB
Attached File(s)
File Type: rar carolco.rar   5 KB | 533 downloads
Simplicity your Life
  • #55
  • Sep 22, 2011 9:00am Sep 22, 2011 9:00am
just set n forget... still in Game Mode

using 50 pips grid, 50 pips sl and 10 pips grid and no sl in every pair i chose
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
Attached File(s)
File Type: rar DetailedStatement.rar   8 KB | 533 downloads
Simplicity your Life
  • #56
  • Sep 22, 2011 9:06am Sep 22, 2011 9:06am
the problem is.....

where is the best EA or SRIPT to CLOSE ALL OPEN POSITION and 250 PENDING ORDER....
Simplicity your Life
  • #57
  • Sep 22, 2011 9:28am Sep 22, 2011 9:28am
grid 50 template
Attached Image (click to enlarge)
Click to Enlarge Name: grid 50.gif Size: 18 KB
Attached File(s)
File Type: tpl grid50.tpl   7 KB | 447 downloads
Simplicity your Life
  • #58
  • Sep 22, 2011 9:30am Sep 22, 2011 9:30am
grid 10 template
Attached Image (click to enlarge)
Click to Enlarge Name: grid 10.gif Size: 27 KB
Attached File(s)
File Type: tpl grid10.tpl   34 KB | 479 downloads
Simplicity your Life
  • #59
  • Sep 23, 2011 2:02am Sep 23, 2011 2:02am
Quoting bombastic
So if placing a single order with a trailing stop is equivalent (save the spread) to placing all these adjacent orders, what are we actually trying to achieve here? I might as well have just manually placed an order with a trailing stop?
If you think a little bit the spread is not an issue here. This EA was designed as a tool (it has no entry and exit rules) to catch all the movement of the trend. Thats why a grid of x pending stops..
  • #60
  • Sep 23, 2011 2:06am Sep 23, 2011 2:06am
Quoting stevenali
the problem is.....

where is the best EA or SRIPT to CLOSE ALL OPEN POSITION and 250 PENDING ORDER....
On my ibfx mt4 platform there is "close all trades" script..
in attachment..

Hope this helps..
Attached File(s)
File Type: mq4 IBFX - Close ALL orders.mq4   2 KB | 434 downloads
0 traders viewing now