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  • #481
  • Dec 9, 2013 6:34am Dec 9, 2013 6:34am
Quoting Mandragor
{quote} why demo account ,not real
Test it with demo account before going real..
  • #482
  • Dec 9, 2013 6:35am Dec 9, 2013 6:35am
Quoting Dark_Force
Finally I got my VPS sorted out. I can now perform some testing of the new EAs. I started with the new bot “Follow the leader”. Below is the link to myfxbook. I would like to thank Gvc for such a nice workout specially the helpful details on the screen. Thanks. http://www.myfxbook.com/members/DarkForce/follow-leader/775520
  • #483
  • Dec 9, 2013 6:40am Dec 9, 2013 6:40am
Magix,
How our new bot 'follow the leader' triggering works?

Blue J
  • #484
  • Dec 9, 2013 6:53am Dec 9, 2013 6:53am
Quoting ukmartin
I'm having a play about with the settings on the TDI I have set 'use sl& tp' to True and 'Auto Profit' to False, but when a trade is taken the TP is shown, but not the SL, is there something else I should have changed? Martin

I have had another member mention that this happens as well. As I have tested the SLTP settings, I can only confirm they work, not how they set the orders.

If this doesn't trigger a stop at your loss point, let me know.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #485
  • Dec 9, 2013 6:57am Dec 9, 2013 6:57am
Quoting KillerCH
Hi magix, I see in my history, a order have a good profit but then he wait to long and then going in -, its possible for the ea logic, when a order is in +5 profit, but second profit +10 not reached yet (or thirdy +15), and then come a massive lost in pips, can the ea fast close the order, of course in last $ win? thank you -KillerCH {quote} Thx for fix, And i see the EA have no problems with this SL/TP error!=)
Killer,

The EA already has a trailing stop built in.

By setting trailstp_std=5, the EA will lock in profits at even as soon as the first 5 pips are made and will continue to follow the price until profit is reached or until price retraces to the trailing stop.

I have seen the same thing on something being above water and then consequently going into negative numbers, but because of how erratic price movement can be, setting trailing stops too tight will only consequently cause the EA to close too early and not manage to make any solid ranges.

It was Dark_Force that got me onto the standard 13 pip trail and for the most part, it seems to be fairly reliable, but that's not to say there aren't better settings for different time frames or versions.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #486
  • Dec 9, 2013 6:59am Dec 9, 2013 6:59am
Quoting pbb
Hi Magix, I would love to come along and donate for the thread and bot. I just completed reading the thread and most things are clear. For me however working with the TDI is new and I can't find the rules behind the system (except for the rules/settings for the bot). Can you share a link to a thread that explains the logic/rules behind the system that is used for the bot, if such thread exists. As for something you mentioned earlier. I think you're spot on saying that one should collect profits every once in a while and then start over again, or...
The instructions for the TDI are included with the EA in a readme file.

Picking a charity to donate to is your first step, the EAs and logic are sent via email to the contributors.

Welcome to the thread PBB!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #487
  • Dec 9, 2013 7:02am Dec 9, 2013 7:02am
Quoting frederic
GBP10.00 Donation details: Donation Funds List: Where most needed Supporter First Name: Frederick Supporter Last Name: Whitlock Transaction CC Type: C/visa Transaction Date: Dec 9, 2013 Transaction Number: 52a59a903efe752a59a903f05d Donation Payment Type: One-Time res://IERenderer.dll/blankimg.bmp res://IERenderer.dll/blankimg.bmp
Welcome to the thread, and thanks for the donation Frederic!

You've got Mail!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #488
  • Dec 9, 2013 7:03am Dec 9, 2013 7:03am
Quoting chipman
Hi Magix! Thats my mounthly donation to homeless animals, Caritas Malta, Children cancer foundation, orphans and homeless people. Thats cca. $23 monthly. {image}
Chipman,

Welcome to the thread, and AWESOME job on a monthly contribution!!

Please send me your email address and I will forward the Christmas EAs to you.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #489
  • Dec 9, 2013 7:07am Dec 9, 2013 7:07am
Quoting bluejack
Magix, How our new bot 'follow the leader' triggering works? Blue J

Follow the Leader is an idea I have that is set to measure the speed of price vs the changing of a direction through the use of indicators.

Though I believe the logic to be sound, there will need to be some playing with and adjusting settings wise to maximize the efforts of this EA.

What I was steering for was something that would find some decent ranges on the longer timeframes, and I think as far as the triggering is concernened, it is probably one of the best for trading time frames from M15 - Hourly.

Again, on these, I think that the settings may not be the best yet...I had it mostly written and released before really having a chance to play.

Will see where we can take this one as a group!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #490
  • Dec 9, 2013 7:16am Dec 9, 2013 7:16am
Quoting Magix
{quote} .... it is probably one of the best for trading time frames from M15 - Hourly....
Magix
I was not sure which TF to use so I put the EA on the M1 chart which I know is your favorite.
How will this affect the trading?
Shall I switch to M30?
Thanks.
  • #491
  • Dec 9, 2013 9:09am Dec 9, 2013 9:09am
Hmm , i've setup myfxbook hours earlier to track the new bot , but for some reason i'm unable to get the magics numbers to appear in myfxbook for me to track. There's still a whole bunch of unused magics number that i've used previously but are not in use now. Any myfxbook user here who can guide me ? .. i just need magics number 22 and 88 to appear and to remove all those unused ones. Thanks in advance.
Attached Image (click to enlarge)
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You gotta know when to hold 'em, know when to fold 'em ...
  • #492
  • Dec 9, 2013 9:35am Dec 9, 2013 9:35am
Quoting Magix
{quote} Follow the Leader is an idea I have that is set to measure the speed of price vs the changing of a direction through the use of indicators. Though I believe the logic to be sound, there will need to be some playing with and adjusting settings wise to maximize the efforts of this EA. What I was steering for was something that would find some decent ranges on the longer timeframes, and I think as far as the triggering is concernened, it is probably one of the best for trading time frames from M15 - Hourly. Again, on these, I think that the...

Great.. Will set it up today..!! Let's loot the banks.. Thank You...
  • #493
  • Dec 9, 2013 9:37am Dec 9, 2013 9:37am
Folks, no offense, but I get now confused ... it´s almost like the fabulous Steve Hopwood Forum, a new "toy" every week

Would be fine (for me) to stay here focused to the xmasbot ... and not every 5-10 pages another additional EA ...

I wish all of you a successful new week,
Dietmar
  • #494
  • Dec 9, 2013 9:45am Dec 9, 2013 9:45am
Quoting nitrate73
Hmm , i've setup myfxbook hours earlier to track the new bot , but for some reason i'm unable to get the magics numbers to appear in myfxbook for me to track. There's still a whole bunch of unused magics number that i've used previously but are not in use now. Any myfxbook user here who can guide me ? .. i just need magics number 22 and 88 to appear and to remove all those unused ones. Thanks in advance. {image}
I've never actually had to set up the Magic Numbers on myfxbook. I think that is more specific if you don't want to see any of them.

At default, if you select to share all, everything is public and can be sorted by the custom analysis tool.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #495
  • Dec 9, 2013 9:50am Dec 9, 2013 9:50am
Quoting Dark_Force
{quote} Magix I was not sure which TF to use so I put the EA on the M1 chart which I know is your favorite. How will this affect the trading? Shall I switch to M30? Thanks.
I am running mine, both new bots on the M5.

The GVC version, is running like the original SWB with a narrow TP range. Due to volatility and the season, I have decreased the minimum range to 5 pips and multiplier set to 2. Given the logic and with a review of the charts, these are high risk settings, but could prove to be rather lucrative over the duration.

My idea was to have something for those wanting a more solid based trigger for longer time frames. As this is a PRICE trigger, not geared by indicators, it should perform best on every chart longer than the M1. M1 will most likely not be able to provide the range for cost averaging required, given the whippy spikes.

So...as a longer term, add a few bucks per month, set it to the H1.

For seeing what price will really do, set it to the M5.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #496
  • Dec 9, 2013 9:56am Dec 9, 2013 9:56am
Quoting dl4hao
Folks, no offense, but I get now confused ... it´s almost like the fabulous Steve Hopwood Forum, a new "toy" every week Would be fine (for me) to stay here focused to the xmasbot ... and not every 5-10 pages another additional EA ... I wish all of you a successful new week, Dietmar

lol

Dietmar,

I can appreciate your wanting to keep focus on a single or a couple of different sets of logic. Because of the number of others who continuously add and test, this will provide the best of both worlds. You can keep your focus and check in on the progress of others.

As these prove their individual advantages and as others customize them to the different time frames, we will be able to share and compare and find something through the community that will meet with our individual needs.

One of the biggest reasons for me sharing these with others is so that they can lend different perspectives of markets through price, time frames, indicators and ranges.

I cannot gauge what aspects of markets are specific to you, but am willing to share as much knowledge as I can make available. Your exposure to these and having these as a tool in your traders tool kit will prove themselves as to how they will lend to your current market outlook. If in the end, you decide to stick to manual, or work with the EAs fully or partially in automation, you will have a great idea as to which will be the most effective.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #497
  • Dec 9, 2013 10:04am Dec 9, 2013 10:04am
Quoting Magix
{quote} I've never actually had to set up the Magic Numbers on myfxbook. I think that is more specific if you don't want to see any of them. At default, if you select to share all, everything is public and can be sorted by the custom analysis tool.
oh .. kk .. will try that .
You gotta know when to hold 'em, know when to fold 'em ...
  • #498
  • Dec 9, 2013 11:46am Dec 9, 2013 11:46am
How to get this robot? Someone please help me?
  • #499
  • Dec 9, 2013 12:36pm Dec 9, 2013 12:36pm
  •  denozi
  • | Joined Aug 2012 | Status: trade with Patient & Discipline | 82 Posts
Thank you Magix for your clear explanation, i have got the point.
I am a new 2 Forex- Your help would be greatly appreciated
  • #500
  • Dec 9, 2013 12:59pm Dec 9, 2013 12:59pm
Quoting Forex_Loser
How to get this robot? Someone please help me?
Hy! ... that is very easy, read this here: http://www.forexfactory.com/showthread.php?t=456580

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