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002097's PwR scalping auto trading robot by Steve Hopwood

  • #441
  • Sep 13, 2011 9:47am Sep 13, 2011 9:47am
That strange alert is left over from debugging.

Those of you who can, go to void BreakEvenStopLoss() and remove this line of code
Alert(HtpPips);

I will post a fix later. Can;t do it right now - out at a dingbat's house

  • #442
  • Sep 13, 2011 9:47am Sep 13, 2011 9:47am
OK thanks a lot for clarifying....

I had the understanding, that as long the TP/SL was on each side of the round number (straddle), then it would not trade....

PC

Quoting 0002097
'Round', or 'Big' numbers
If UseRoundNumberFilter is left at its default of 'true', Aurora will not trade if:

 

  1. the open price for a buy is below the next high number and the tp is above it.
  2. the open price for a sell is above the next low number and the tp is below it.

Trigger price was above the RN, it was a valid trade, no bug here.

Less is more...
  • #443
  • Sep 13, 2011 9:51am Sep 13, 2011 9:51am
Yup. Been getting those alerts too. No need to get alarmed I suppose.

Just like to add that although one selects say for eg 1% risk each trade, I notice that the loss of 1 trade > win of 1 trade not in terms of the pips of course, but in terms of the deposit currency (pips X lot size, which is determined by ur risk % input).

However with some calculation with the previous candle size, the lot size designated by Aurora is correct indeed. Perhaps, slippage? I believe Steve had the crim's spread integrated. Not sure. See how this turns out. How about you guys? Any issues with differing loss/win data?
  • #444
  • Sep 13, 2011 10:38am Sep 13, 2011 10:38am
My Gi OOTB demo is getting slaughtered at the moment. Also, I'm getting the popup notifications as well.

Still, from a visual backtest over several pairs, I have noticed (as someone mentioned too) that the Slope Line Indicator picks up trend changes really fast at its default 80 setting.

I don't know if it's possible with Gi's current form as it uses pendings, but I think that an always-in autotrader based ONLY on the color of the slope line could be profitable (Please go and run a visual backtest!)

We could test on different TF's and values for the slope line. I noticed a value of 40 works pretty good as well.

Steve, I'm guessing an always-in autotrader based only on the color of this indi would be a piece of cake to code using your shell (and excuse me if it's not). I offer my demo machine's free space to set up 3 or 4 demos with different values and share my results on myfxbook.
  • #445
  • Edited 11:30am Sep 13, 2011 10:42am | Edited 11:30am
I have set the RN filter to true.

I had a long entry at 1.36963 which is 3.7 pips below RN of 1.37000 with the TP above the RN. This trade happened to close in profit.

Had another similar long later that closed for a loss. My point is Aurora appears to be going long just under RN.

I have changed some settings to inclue max 30 pip candle ( I know that is not part of the strategy).

The point is Auroa took a long just under the RN.

Am I missing something?
Attached Image (click to enlarge)
Click to Enlarge Name: long rn trade 9-13.gif Size: 59 KB
  • #446
  • Sep 13, 2011 10:51am Sep 13, 2011 10:51am
The bottom line is this. If the slope line indicator is much quicker at changing direction, it will also be inherently less stable as a trading tool. When markets range, this tool could be very useful, but in trending conditions, it could kill you.

I think the reason this EA has been a success so far is because it doesn't follow a quick change methodology. It is using classic trand following and continuation setups in the hope we will get a nice runner without retrace.

On the subject of retraces, most of the trades taken by Aurora today have been stopped early. This may not necessarily be a bad thing as far as account protection goes, but some adjustments could be needed to give the trade a bit more breathing room. Not sure if it's even possible, but if we were able to close half the trade when say 50% in profit and then place the stop at b/e for the other half?

Just some thoughts, not wanting to detract. etc..
  • #447
  • Sep 13, 2011 10:52am Sep 13, 2011 10:52am
Opened long and immediately closed.
Attached Image (click to enlarge)
Click to Enlarge Name: gi eu m5.gif Size: 23 KB
  • #448
  • Edited 11:42am Sep 13, 2011 10:52am | Edited 11:42am
NOTE: This post is about Aurora

I have been running with EURUSD, USDCAD and USDJPY. The latter two have not been good performers, so I will kick these off the demo. I had them in for pure curiosity value, but there is clearly a reason the original strategy runs on EURUSD, so I will stick with that now.

I have been using 0, 7 and 10 as minimum pip sizes. 0 and 7 have produced slightly different results. Could be due to slippage, but have noticed that 7 seems to usually result in a slightly smaller profit than the 0 bot which is also triggering at around the same time. On the other hand, it does not seem to be keeping it out of losing trades any better.

Now minimum size 10 does seem to keep it out of more trades. The trades that it does get in are the bigger ones that give better profit per trade. However, it still gets the occasional loss, and so with fewer trades in total, the minimum 10 bot has a lower profit total.

I will be restarting with minimum 0, 7 and 10, but this time just with EURUSD. This will be with the update prior to the current latest bot, since the latest one seems to be having some problems at the moment.

Cheers

Invisible
  • #449
  • Sep 13, 2011 11:26am Sep 13, 2011 11:26am
Quoting ukdaytrader
The bottom line is this. If the slope line indicator is much quicker at changing direction, it will also be inherently less stable as a trading tool. When markets range, this tool could be very useful, but in trending conditions, it could kill you.

I think the reason this EA has been a success so far is because it doesn't follow a quick change methodology. It is using classic trand following and continuation setups in the hope we will get a nice runner without retrace.

On the subject of retraces, most of the trades taken by Aurora today have...
You can always try the MPTM Ea from Steve.
  • #450
  • Sep 13, 2011 11:32am Sep 13, 2011 11:32am
Quoting 0002097
You can always try the MPTM Ea from Steve.
Ooooh, i'll do some searching. Thanks.
I think today's version has a few bugs or needs some adjustment, so the trailing stop feature may work OK.
  • #451
  • Sep 13, 2011 11:44am Sep 13, 2011 11:44am
Quoting Invisible
I have been running with EURUSD, USDCAD and USDJPY. The latter two have not been good performers, so I will kick these off the demo. I had them in for pure curiosity value, but there is clearly a reason the original strategy runs on EURUSD, so I will stick with that now.

I have been using 0, 7 and 10 as minimum pip sizes. 0 and 7 have produced slightly different results. Could be due to slippage, but have noticed that 7 seems to usually result in a slightly smaller profit than the 0 bot which is also triggering at around the same time. On the other...
When I was developing the system I took a look at other currency pairs, personally I specialized myself on EU, even so, I decided to give it a small test, the results weren't satisfying.
  • #452
  • Sep 13, 2011 11:59am Sep 13, 2011 11:59am
I am running Aurora on EU M5 pair..... sometimes, it closes the trades for just few pips loss...... even before it reaches the StopLoss it closes the trades...

Example.... few mins back it opened a buy on EU at 1.37098 with SL = 1.36917 and TP = 1.37320.....but it closed at 1.37008 for a loss of 9 pips.... anybody know the reason for this?
  • #453
  • Sep 13, 2011 12:59pm Sep 13, 2011 12:59pm
Quoting reachjj
I am running Aurora on EU M5 pair..... sometimes, it closes the trades for just few pips loss...... even before it reaches the StopLoss it closes the trades...

Example.... few mins back it opened a buy on EU at 1.37098 with SL = 1.36917 and TP = 1.37320.....but it closed at 1.37008 for a loss of 9 pips.... anybody know the reason for this?
Not sure ... I had 4 trades today close immediately after open so not really sure waht is going on. Had a great day yesterday though.
  • #454
  • Sep 13, 2011 1:28pm Sep 13, 2011 1:28pm
I have been running the latest versions of Aurora and Gi OOTB as and when I became aware of new releases.

Lady A did 5 trades for the day for a 5:love score (5 wins 0 losses) but the first 4 were safety catches at just above breakeven after the price did advance towards target and then retraced. Job well done!
Lady G seems to be playing the carrot and stick game. She draws the arrow (carrot) to show her intentions and then apparently as soon as the next candle appears, showing price advances, the goal posts are shifted with a new arrow mark!

Will try and get more conclusive evidence!
Success is a marathon, not a sprint!
  • #455
  • Sep 13, 2011 1:42pm Sep 13, 2011 1:42pm
Quoting NicoScholtz
I have been running the latest versions of Aurora and Gi OOTB as and when I became aware of new releases.

Lady A did 5 trades for the day for a 5:love score (5 wins 0 losses) but the first 4 were safety catches at just above breakeven after the price did advance towards target and then retraced. Job well done!
Lady G seems to be playing the carrot and stick game. She draws the arrow (carrot) to show her intentions and then apparently as soon as the next candle appears, showing price advances, the goal posts are shifted with a new arrow mark!...
It also looks like the new BE setting with a trigger of 75% of TP and +1 pip is not working. It still seems to be using the previous version where the BE is triggered at 5 pips and moving it to +1 pip.

Hard to say if this would improve my results but it would be nice to have it working to make a comparison.
17 trades today 8 losses but some of the wins have been very small so
I'm actually down £58 but the bigger losers were from earlier in the day with a now outdated version !!!

The latest versions wins that hit TP are much bigger than the losers which is great. Another few days will tell a lot.
  • #456
  • Sep 13, 2011 1:42pm Sep 13, 2011 1:42pm
Having a lot of fun testing this - big thanks to 0002097 (gee, that just trips off the tongue ) and Steve.

Both of you
  • #457
  • Sep 13, 2011 3:49pm Sep 13, 2011 3:49pm
I downloaded yesterday evening ( GMT ) the current Aurora, set it to 2 different brokers OOTB but no trades were taken. So today about 13:00 (GMT) I updated the version available but still no trades.

I noticed I saw drawn pending orders but after the price hit the line it just dissapeared and no trade was opened.

So I downloaded the most current version and will see what happens.

Strange.
  • #458
  • Sep 13, 2011 3:55pm Sep 13, 2011 3:55pm
Latest updates for both bots in post 1:

 

  1. removed the alert that I left behind by accident.
  2. added some more just_in_case conditionals to the ShouldTradeClose() function. Not sure if these will make any difference.

  • #459
  • Sep 13, 2011 4:56pm Sep 13, 2011 4:56pm
Quoting p777m
I downloaded yesterday evening ( GMT ) the current Aurora, set it to 2 different brokers OOTB but no trades were taken. So today about 13:00 (GMT) I updated the version available but still no trades.

I noticed I saw drawn pending orders but after the price hit the line it just dissapeared and no trade was opened.

So I downloaded the most current version and will see what happens.

Strange.
I was having the same problem ... try changing the criminalsECN to true. That may fix it.
  • #460
  • Sep 13, 2011 5:48pm Sep 13, 2011 5:48pm
Quoting reachjj
I am running Aurora on EU M5 pair..... sometimes, it closes the trades for just few pips loss...... even before it reaches the StopLoss it closes the trades...

Example.... few mins back it opened a buy on EU at 1.37098 with SL = 1.36917 and TP = 1.37320.....but it closed at 1.37008 for a loss of 9 pips.... anybody know the reason for this?

In my case, no single trade open, only arrows. pointing in either direction.

Edd
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