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002097's PwR scalping auto trading robot by Steve Hopwood

  • #361
  • Sep 11, 2011 6:47am Sep 11, 2011 6:47am
Hi Steve,
I have an idea for one more option. Maximum consecutive loss string. Lets say if we have 5 loosers in a raw we dont want to trade anymore. It means our strategy doesnt work today and we want stop our system.

Also max profit already mentioned could be great in % or wins agains loosers. Say we have 7 winners we dont want to give this back to the market so we stop trading.
  • #362
  • Sep 11, 2011 8:49am Sep 11, 2011 8:49am
Quoting lizu
Hi Steve,
I have an idea for one more option. Maximum consecutive loss string. Lets say if we have 5 loosers in a raw we dont want to trade anymore. It means our strategy doesnt work today and we want stop our system.

Also max profit already mentioned could be great in % or wins agains loosers. Say we have 7 winners we dont want to give this back to the market so we stop trading.
Done. A bit rough-and-ready. Read the Maximum trades per day filter section in post 1.

  • #363
  • Edited 1:51pm Sep 11, 2011 10:33am | Edited 1:51pm
Ok,so, on 9.09.2011, Aurora (last version), running from 07:00-19:00 IBFX AU, produced 8 wins - 4 loss, that's 4 up, comparing with 24 hours running, where was 9 win- 6 loss.

This week will run it on 5 pairs, with and without TS & BE. Adjusted min candle range at 7 pips.

Quoting dragosd1
Today, from 14,00 GMT, on Forex.com MT4 platform (I know, it's not the best one, but got bots all over the place, on other 5 platforms, yes, all of them are yours, Steve! )

I have used last version, in post #1, but in 4 different settings/mods, all OOTB, as follows:

Aurora (no RN filter) 9 win - 6 loss = 3up;
Aurora (RN filter) 2 win - 2 loss = 0;
Aurora with old PWR buffers(no RN filter) 6 win - 6 loss = 0;
Aurora with old PWR(RN filter) 2 win - 1 loss =...
I don't say
  • #364
  • Sep 11, 2011 12:23pm Sep 11, 2011 12:23pm
thanks steve, great update! i just setup 4 pairs to run this week on demo, with max. wins on 10 and max loss 5. all other settings ootb, except for trading time (8-18).
i'll post next weekend how it went. cheers
  • #365
  • Sep 11, 2011 1:10pm Sep 11, 2011 1:10pm
Nothing interesting on TV then all this 9-11 stuff, so stumbled over this latest Steve Hopwood EA and loading it on a new demo with IBFX AU.

Let's see what this coming trade week will bring us.
  • #366
  • Sep 11, 2011 4:55pm Sep 11, 2011 4:55pm
Quoting Freddyfx
Nothing interesting on TV then all this 9-11 stuff, so stumbled over this latest Steve Hopwood EA and loading it on a new demo with IBFX AU.

Let's see what this coming trade week will bring us.
im in as well freddy - running on multiple TF's and different settings...

(francis)
  • #367
  • Sep 11, 2011 5:02pm Sep 11, 2011 5:02pm
Testing this week on diverse pairs - EURUSD, USDCAD and USDJPY. Test with minimum 0 pips and minimum 7 pips. Will report back.

Cheers Steve!

Invisible
  • #368
  • Sep 11, 2011 5:12pm Sep 11, 2011 5:12pm
Hehe. That young student I described last week left Aurora on the M1 chart for every pair he could find. I spoke to him tonight.

The account got slaughtered.

So, it looks as though trading A on the M1 on all pairs is unlikely to be successful.

  • #369
  • Sep 11, 2011 5:52pm Sep 11, 2011 5:52pm
Hehe.

I think, M1, really, is too choppy for this...Can't imagine how Pwr looks on it..I'm running it on M5 on EU,GU,AU,UC,EJ....
I don't say
  • #370
  • Sep 12, 2011 4:44am Sep 12, 2011 4:44am
hi guys

from last night i put aurora on a demo account. EU M5 OOTB.
for all Asian session.
she took 7 trades 5 wins and 2 looses. all trades according to the rules, in my understanding.

this morning i put her on two real accounts also. i just changed the RiskPercent to 0.5,TS to true and 8 and TPPercentageofSL to 130.

on demo till now she took 1 trade which i believe she shouldn't. the last buy on aurora chix demo gif. as i'm writing this she opened again an identical buy order as the previous.

on the real accounts she took 3 trades, u can see them in aurora chix gif. all 3 seem to me that are not according to the rules. The last buy was closed manually. i stopped her.

one more thing. on one real account and on demo opened the the buy at 1.3607, and on the other real account opened at 1.3613. i mention that both real accounts are on the same broker.

i don't understand what happened. any ideas? did u had the same trades ?
i used the last version from post 1.

thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aurora chix demo.gif Size: 16 KB
Click to Enlarge Name: aurora chix.gif Size: 11 KB
  • #371
  • Sep 12, 2011 5:20am Sep 12, 2011 5:20am
Can be due to trade context busy, I got several on demo today. You can check the experts and journal tab, you will see there if any error.

Quoting Mieloo
hi guys

from last night i put aurora on a demo account. EU M5 OOTB.
for all Asian session.
she took 7 trades 5 wins and 2 looses. all trades according to the rules, in my understanding.

this morning i put her on two real accounts also. i just changed the RiskPercent to 0.5,TS to true and 8 and TPPercentageofSL to 130.

on demo till now she took 1 trade which i believe she shouldn't. the last buy on aurora chix demo gif. as i'm writing this she opened again an identical buy order as the previous.

on the real accounts she took 3 trades, u can...
I don't say
  • #372
  • Sep 12, 2011 6:00am Sep 12, 2011 6:00am
i believe u refer to why it opened on different price levels and why on real did and on demo did not. i checked on demo, and no errors.

but the real question is why she opened all those trades that shouldn't be opened. is if like she opened them on M1....
  • #373
  • Sep 12, 2011 6:29am Sep 12, 2011 6:29am
myfxbook link on fxpro demo (4 pairs):
http://www.myfxbook.com/members/ido370/aurora/163061
  • #374
  • Sep 12, 2011 7:48am Sep 12, 2011 7:48am
Running 9/6 Aurora version working ok so far today (3wins 2 losses). Tried 9/11 version and its showing the pending orders on the chart but does not take any of the orders.
  • #375
  • Sep 12, 2011 8:03am Sep 12, 2011 8:03am
Latest update in post 1. I had left a strange line of code in the closure-checking function that was causing an odd overall profit reading when a trades is open.

Also, I had left code that deleted the pending lines when the bot is restarted; I have removed this.

  • #376
  • Sep 12, 2011 8:20am Sep 12, 2011 8:20am
Quoting SteveHopwood
Hehe. That young student I described last week left Aurora on the M1 chart for every pair he could find. I spoke to him tonight.

The account got slaughtered.

Which brings up a question. Why would EURUSD perform any better or worse than any other pair? I know some manual traders specialize in a single issue, but I see the benefit of bots as being able to monitor several charts at the same time.

So, using a scalper such as Aurora, why should the long-term results from EURUSD be better than say, USDJPY?

Perhaps this is something some of you more experienced traders might be able to answer.

Thanks.
  • #377
  • Sep 12, 2011 8:38am Sep 12, 2011 8:38am
although this is a scalper it still takes its basis of an overall trend, which preferable doesn't whipsaw too much

for instance (with the exception of the 2 SNB interventions) if you had used this bot in SELL mode only on USDCHF from 9th June 2010 to 9th August 2011 you would have made a hefty profit

therefore the bot will work better on some curencies than others

Quoting MurphyMan
Which brings up a question. Why would EURUSD perform any better or worse than any other pair? I know some manual traders specialize in a single issue, but I see the benefit of bots as being able to monitor several charts at the same time.

So, using a scalper such as Aurora, why should the long-term results from EURUSD be better than say, USDJPY?

Perhaps this is something some of you more experienced traders might be able to answer.

Thanks.
  • #378
  • Sep 12, 2011 8:51am Sep 12, 2011 8:51am
Most pairs go through trending and ranging periods though some definately fit more into one of the two categories. An idea would simply be to use NB V10 to determine the pairs that are trending and on those pairs only allow trades in the direction of the trend.
  • #379
  • Sep 12, 2011 10:06am Sep 12, 2011 10:06am
Steve,
bug in the round number filter, or my system messed it up?

Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2011-09-12 om 17.01.33.png Size: 15 KB

sell was @ 76.969 and closed on 76.974 20 seconds later
  • #380
  • Sep 12, 2011 10:11am Sep 12, 2011 10:11am
Quoting ido370
Steve,
bug in the round number filter, or my system messed it up?

Attachment
sell was @ 76.969 and closed on 76.974 20 seconds later
Probably a bug. I had one of these earlier.

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