002097's PwR scalping auto trading robot by Steve Hopwood | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Random Auto Scalping to Profits 36 replies

PwR EVA 16 replies

MoForce's PwR System 25 replies

Attachments: 002097's PwR scalping auto trading robot by Steve Hopwood
Exit Attachments

002097's PwR scalping auto trading robot by Steve Hopwood

  • #241
  • Sep 8, 2011 2:12pm Sep 8, 2011 2:12pm
Great system, and I'm also running it on my demo-account atm.

Now that the trade, TP and SL have been made stealth wouldn't it be possible/a good idea to incoorperate the possibility to slide the TP/SL levels?
I have been using an EA before Aurora, which I have attached, and you can see usage here: http://www.forexbrace.com/content/view/231/52/

Sometimes the size of the TP doesnt make sense (in case of a large candle near a S/R-line) and if you are monitoring the trades anyway it would be nice to just slide the TP/SL to more resonable levels. It also makes it easier to just coast along a nice trend-move instead of having a fixed TP (you can just slide TP/SL).

But thanks again mr. Hopwood and 002097, this EA has really helped me a lot.

Kind regards.
Attached File(s)
File Type: mq4 Visual_Trade_Closer.mq4   2 KB | 314 downloads
  • #242
  • Sep 8, 2011 2:17pm Sep 8, 2011 2:17pm
what you should look at is that most of the trades that won, went way past the tp,

i use a tp percentage of 175 and it seems to hit that most times

of course if we had trailing in the bot (hint hint steve) the odd times that it didn't it would still be in profit

i know of course if i really wanted trailing i could just load mptm on another chart, it's just that at the moment am working from my laptop and between testing this, my t101 project and actual live trading my poor old laptop is struggling somewhat



Quoting NicoScholtz
I loaded the latest version of Aurora at 5:30 GMT this morning and let it run OOTB.
Until 17:00 GMT it took 13 trades, 7 losers and 6 winners, -1.

If I only consider trades taken between 6:00 GMT and 16:00 GMT (which I think is 8:00 to 18:00 CET) then the first and last two trades do not count and Aurora did +5 and -5 for BE!



Regards, Nico
  • #243
  • Sep 8, 2011 2:18pm Sep 8, 2011 2:18pm
Ran Aurora for the first time today. I didn't get it up and running until about 10.30 gmt, so the results today are not definitive.

Started with a balance of 10K and a r/r of 3%. Account is up £613.

I intend to leave it running now 24/7 and will report back.....
  • #244
  • Sep 8, 2011 2:26pm Sep 8, 2011 2:26pm
have you updated to the latest stealth version for your test?

Quoting ukdaytrader
Ran Aurora for the first time today. I didn't get it up and running until about 10.30 gmt, so the results today are not definitive.

Started with a balance of 10K and a r/r of 3%. Account is up £613.

I intend to leave it running now 24/7 and will report back.....
  • #245
  • Sep 8, 2011 2:36pm Sep 8, 2011 2:36pm
I agree fully! My present objective is to verify the bot. Optimisation such as bigger T/P and trailing in some form can and should follow! Hint, hint, wink!

Quoting jmw1970
what you should look at is that most of the trades that won, went way past the tp,

i use a tp percentage of 175 and it seems to hit that most times

of course if we had trailing in the bot (hint hint steve) the odd times that it didn't it would still be in profit

i know of course if i really wanted trailing i could just load mptm on another chart, it's just that at the moment am working from my laptop and between testing this, my t101 project and actual live trading my poor old laptop is struggling somewhat
Regards, Nico
Success is a marathon, not a sprint!
  • #246
  • Sep 8, 2011 3:06pm Sep 8, 2011 3:06pm
Another update in post 1.

I investigated after seeing some trading opps missed and found that I had left the round numbers filter in the wrong place; when enabled it was stopping trading altogether.

  • #247
  • Sep 8, 2011 3:07pm Sep 8, 2011 3:07pm
Quoting NicoScholtz
I agree fully! My present objective is to verify the bot. Optimisation such as bigger T/P and trailing in some form can and should follow! Hint, hint, wink!



Regards, Nico
It can damn well wait until we have the bloody revised code up and trading once in a while.
  • #248
  • Sep 8, 2011 3:14pm Sep 8, 2011 3:14pm
Quoting SteveHopwood
It can damn well wait until we have the bloody revised code up and trading once in a while.
Give the man a break guy's.....MPTM works like a charm
  • #249
  • Sep 8, 2011 3:19pm Sep 8, 2011 3:19pm
Quoting hiredwhip
Give the man a break guy's.....MPTM works like a charm
i concur.
  • #250
  • Sep 8, 2011 3:30pm Sep 8, 2011 3:30pm
Quoting pipcruiser
Hey Steve,

I have set the EA to stop trading at 18.

Meanwhile it took a short trade at 18.02, which I closed manually.

So there might be a small bug there, not crucial, but just fyi.

Today I broke even. (im still using "your" rules

PC
Same here. Set it to 17 and it will stop trading at 18.
  • #251
  • Sep 8, 2011 5:06pm Sep 8, 2011 5:06pm
my total so far:

10 wins

11 losses

for EA standards this is in fact quite remarkable!

just the got the latest update in post 1. Steve, you work wonders!
  • #252
  • Sep 8, 2011 5:44pm Sep 8, 2011 5:44pm
Another update in post 1, that fixes a few of the problems that surfaced with the stealth stuff.

There will still be bugs.

  • #253
  • Sep 8, 2011 7:20pm Sep 8, 2011 7:20pm
One more bloop-fix in post 1.

Aurora appears to be trading as required now. The bloop came in a copy/paste thingy in the trade-closure function.

The sharp-eyed amongst you will have noticed some more screen-feedback about the pending trades.

The dashed green line represents the pending trade price. If anyone can work out why it is deleting prematurely, they will have a pal for ever and a vouch from me if they have not already got one.

By-the-by, I added code to stop A trading off the candle that saw the trade closed. Given my record today, it will not work.

Off to bed now. More tomorrow.

  • #254
  • Sep 9, 2011 12:06am Sep 9, 2011 12:06am
Would it be possible to have a stop trading/close all open trades and delete pending orders when a daily profit target by percentage of equity is reached?
  • #255
  • Sep 9, 2011 12:23am Sep 9, 2011 12:23am
Hy

It was a interesting day..
For Eur/Usd, TF=5min< from 00:00 to 24:00 :
- 8 win
- 11 loss
* from 14:00(gmt) to 24:00(gmt), 5 win!
Look like a girl, act like a lady, think like a man and work like a dog.
  • #256
  • Sep 9, 2011 1:36am Sep 9, 2011 1:36am
Quoting SteveHopwood
By-the-by, I added code to stop A trading off the candle that saw the trade closed. Given my record today, it will not work.

Off to bed now. More tomorrow.

Great Steve, let's hope it does.
  • #257
  • Sep 9, 2011 1:40am Sep 9, 2011 1:40am
Quoting panamamike
Would it be possible to have a stop trading/close all open trades and delete pending orders when a daily profit target by percentage of equity is reached?
Here's something that can probably help you. I never used it...
Attached File(s)
File Type: rar Discipline Trader EA.rar   7 KB | 364 downloads
  • #258
  • Edited 3:18am Sep 9, 2011 2:38am | Edited 3:18am
Quoting SteveHopwood
One more bloop-fix in post 1.

The dashed green line represents the pending trade price. If anyone can work out why it is deleting prematurely, they will have a pal for ever and a vouch from me if they have not already got one.
I have been reading through the code and the only thing I can come up with atm is in the function ShouldPendingBeCancelled().
if(TimeCurrent() - PendingTime >= PendingExpiryMinutes*60) may not produce the result you are looking for.
I am at work today and are not able to debug my way through, so its just a wild guess, based on my own challenges with time-calculations in past projects

Nvm, just noticed its only a visual error, the pending order seems to still be there, will take another look later.
  • #259
  • Sep 9, 2011 2:42am Sep 9, 2011 2:42am
Hmm, still taking trades close to round numbers?

http://my.jetscreenshot.com/5637/201...72q2-139kb.jpg
  • #260
  • Edited 3:22am Sep 9, 2011 3:11am | Edited 3:22am
OK, this is just an observation.....

I have noticed that if you place a CCI 14 on the chart with +/-90 as outer levels, the best trades normally occur when price breaks through these levels. The drawback to this is that it often invalidates the max-candle size rule.
But if a trade was taken when candle size was above 9.5, but less than 15, it may work, with a trailing stop put in place once the candle size reached 15.

It seems to me very risky to be taking trades with very small candle sizes. When markets are choppy, you could get killed.

A CCI14 +/-90 filter and a MinCandleRange option are something I would be very interested in.

I'm a complete novice when it somes to programming MQ4, so I don't know how complex this would be. Just throwing it out there.

Great work everyone btw.
0 traders viewing now