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002097's PwR scalping auto trading robot by Steve Hopwood

  • #481
  • Sep 14, 2011 7:26am Sep 14, 2011 7:26am
Quoting peterke
I know backtests are pretty crap and Renko(EURUSD 10 pip blocks) backtests are dubious but $10k to $6m from 1/10/09 to 30/05/11 with 5% risk and max drawdown of 4.75% is in the realm of the internet marketers of EA's. Maybe with some optimisation I could get to $10m and we can all retire rich

Peter
Peter, nice result!

I've been 'experimenting' with renko myself lately. How have you incorporated the idea within Gi? It seems an ideal combo.

Regards, Paul.
  • #482
  • Sep 14, 2011 7:44am Sep 14, 2011 7:44am
Quoting dragosd1
Can you use Renko offline charts in backtester?
Its complicated to set up but seems to work ok, rather than clutter the thread send me an email address thru PM and I will send you details

rgds
Peter
  • #483
  • Sep 14, 2011 7:57am Sep 14, 2011 7:57am
Quoting peterke
Its complicated to set up but seems to work ok, rather than clutter the thread send me an email address thru PM and I will send you details

rgds
Peter
Ok, thanks!
I don't say
  • #484
  • Sep 14, 2011 9:05am Sep 14, 2011 9:05am
hey all

does anybody know if using a 4 digit broker makes a difference to the performance of this EA? am using latest version on activtrades demo 4 digit on EU and GU and the performance isnt anything like what some other people have been reporting

thanks in advance
  • #485
  • Sep 14, 2011 9:31am Sep 14, 2011 9:31am
Quoting peterke
Its complicated to set up but seems to work ok, rather than clutter the thread send me an email address thru PM and I will send you details

rgds
Peter
Could you start a separate thread specific for Aurora/Renko experimenting?

Im sure Steve won't mind, as long as its kept on a separate thread.

If more of us look and test into that we may be able to achieve something earlier than if only two brains work on it

  • #486
  • Sep 14, 2011 9:32am Sep 14, 2011 9:32am
Quoting blamshakk
hey all

does anybody know if using a 4 digit broker makes a difference to the performance of this EA? am using latest version on activtrades demo 4 digit on EU and GU and the performance isnt anything like what some other people have been reporting

thanks in advance
Same here, my demo accounts are slowly but steadily killed.
Also using a four digit broker for my demo accounts (Instaforex).
  • #487
  • Sep 14, 2011 9:41am Sep 14, 2011 9:41am
Yeah, my accounts gets slaughtered too, no matter which does that, Aurora, GI, or Jor
I don't say
  • #488
  • Sep 14, 2011 10:33am Sep 14, 2011 10:33am
I'm only running Aurora and Jor and I'm getting killed at the moment. Aurora just seems to be too late with its trades and they immediately run out of steam and score 1 pip whereas the SL when hit is mighty. I'm only trading EURUSD and AUDUSD with Aurora, both losing.

I'm trading EURUSD, USDCHF and AUDUSD with Jor

The only pair showing profit is AUDUSD.

EURUSD and USDCHF are both losing with a vengeance.

All on 5 digit broker.
  • #489
  • Sep 14, 2011 10:40am Sep 14, 2011 10:40am
Quoting Rascacio
I'm only running Aurora and Jor and I'm getting killed at the moment. Aurora just seems to be too late with its trades and they immediately run out of steam and score 1 pip whereas the SL when hit is mighty. I'm only trading EURUSD and AUDUSD with Aurora, both losing.

I'm trading EURUSD, USDCHF and AUDUSD with Jor

The only pair showing profit is AUDUSD.

EURUSD and USDCHF are both losing with a vengeance.

All on 5 digit broker.
Same here, running jor and aurora on EU .. yesterday was ok .. but like u said aurora likes to take 1 pip wins .. jor is abit mixed so far .. sometimes it does ok but then it'll lose it all the next moment .. i'm not expecting the holy grail here but perhaps some tweaking of the settings might achieve better results .. running both OOTB
You gotta know when to hold 'em, know when to fold 'em ...
  • #490
  • Sep 14, 2011 10:56am Sep 14, 2011 10:56am
Running Aurora and Jor.

In order for Jor to succeed over the longer term, there needs to be some money taken off the table at various points I think. If you plot the PwR on a chart and look at it's performance related to the price on different timeframes, there are too many occasions when a trade will be good, even great, but then turn and reverse.

A TP on half after x pips, with a stop then placed at b/e+1. This would allow the banked pips to ofset the ones lost in a whippy market. The runner will be the real bread and butter when they occur.

Sorry, just realised, wrong thread.

As for Aurora, she's been doing OK today. Had one big winner this morning and some small b/e losers, but still performing OK.
I think market hours are crucial to the success of this EA. If you're not trading early Europe, then I think too many good opps are being missed.
  • #491
  • Sep 14, 2011 11:19am Sep 14, 2011 11:19am
Quoting ukdaytrader
Running Aurora and Jor.

In order for Jor to succeed over the longer term, there needs to be some money taken off the table at various points I think. If you plot the PwR on a chart and look at it's performance related to the price on different timeframes, there are too many occasions when a trade will be good, even great, but then turn and reverse.

A TP on half after x pips, with a stop then placed at b/e+1. This would allow the banked pips to ofset the ones lost in a whippy market. The runner will be the real bread and butter when they occur....
Steve seems to be having good results with Aurora and he is running it out the box (so I assume 24hrs).

But there also seem to be some here that are not having good results also running otb, so I am wondering what may be the cause. It should be working simalarly for everyone.
  • #492
  • Edited 12:58pm Sep 14, 2011 11:28am | Edited 12:58pm
If I would have used a REVERSE version of Aurora today, I would have been a happy person. The general ratio between winners and losers is (on 5 pairs) 2:9, so 7 losers converted into 7 winnersx5 pairs, would be 35 winners (all closed to TP!)

Also for JOR same thing, on 1 pair EU, ratio 9:16, so another 7 "winners"
GI is a bit better, with 16:17, but the 16 winners are most of them of 1-5 pips max, so not big deal.

Hmm, I have misjudged GI...so far 18 winners : 17 losers, up 111.96 usd! And you know why? The bitch is doing instant trailing, and the others not(TrailBeforeBE=true, which is not in the options). At least, it seems so, as I have some losers for -3/-4 pips...
I don't say
  • #493
  • Sep 14, 2011 12:27pm Sep 14, 2011 12:27pm
today was good for aurora (on EURUSD) 10 wins, 3 losses:

Attached Image (click to enlarge)
Click to Enlarge Name: Schermafbeelding 2011-09-14 om 19.25.09.jpg Size: 86 KB


But like dragosd1 says, on multiple pairs, it got messy today
  • #494
  • Sep 14, 2011 12:33pm Sep 14, 2011 12:33pm
Quoting ido370
today was good for aurora (on EURUSD) 10 wins, 3 losses:

Attachment

But like dragosd1 says, on multiple pairs, it got messy today
Great, thanks for sharing.

If you don't mind I have a couple questions.

Are you using the latest version of Aurora?
What are your settings (changes from OOTB)
  • #495
  • Sep 14, 2011 12:35pm Sep 14, 2011 12:35pm
Quoting ido370
today was good for aurora (on EURUSD) 10 wins, 3 losses:

Attachment

But like dragosd1 says, on multiple pairs, it got messy today
well, I got 6 wins:9 loss on EU atm, on Forex.com MT4. But I use no trade management, as it seems broken
I don't say
  • #496
  • Sep 14, 2011 12:35pm Sep 14, 2011 12:35pm
Here is a screen shot of GI Taking a new trade after the 1800 hr deadline. Anyone else noticed this happening ?
Attached Image (click to enlarge)
Click to Enlarge Name: GI Outside of Hours.gif Size: 102 KB
  • #497
  • Sep 14, 2011 12:37pm Sep 14, 2011 12:37pm
hi ido370

can you share your settings, are you using MPTM etc, are you limiting the hours of your trade?

thanks

Quoting ido370
today was good for aurora (on EURUSD) 10 wins, 3 losses:

Attachment

But like dragosd1 says, on multiple pairs, it got messy today
  • #498
  • Sep 14, 2011 12:45pm Sep 14, 2011 12:45pm
I got some wins on both systems today. But...
I would recommend testing them regarding 1D trend. EU for 3 days is ranging and results are not great. When we have clear trend on 1D bots are working better. So either manually choose day when bots should work for us or implement it inside bots.

I assume the same price pattern can be used as evaluation of the trend on 1D for down lower lows and high. PWR on 1D is down for 3 days and we havent break below the low so trend is broken .
  • #499
  • Edited 1:09pm Sep 14, 2011 12:48pm | Edited 1:09pm
Quoting winalot
Great, thanks for sharing.

If you don't mind I have a couple questions.

Are you using the latest version of Aurora?
What are your settings (changes from OOTB)
today it was using the version posted like 24h ago by steve.

changed settings:
only trading time : 8-22

P.S. 13 wins , 3 losses now
  • #500
  • Sep 14, 2011 12:50pm Sep 14, 2011 12:50pm
Quoting ido370
today was good for aurora (on EURUSD) 10 wins, 3 losses:

Attachment

But like dragosd1 says, on multiple pairs, it got messy today
Whats your setup and are you trading 24 hrs? and if otb , with zero changes?

i am truly otb and so far I have had 12 winners - $5.79 and 8 losers - $7.37. I have ecn set to true, as mine will not trade without it, and set lot size to .01. Other than that, bone stock 24/5 on a live account 5 digit.
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