Robot Lab Project | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Financial Markets Observatory Lab 1,095 replies

Indicators Lab 236 replies

Rel's Lab 103 replies

Nikola's Trading Lab 247 replies

Spud's Lab Accident 22 replies

Attachments: Robot Lab Project
Exit Attachments

Robot Lab Project

  • #461
  • Feb 7, 2015 5:28am Feb 7, 2015 5:28am
Quoting abokwaik
Because we will have money management options (at account level), I think it will be meaningless to keep Stop Loss and Trailing stop inputs, So I think I will remove them. Accordingly Exits rules will be as follows: Equity Gain target reached. Equity Loss limit reached. Reverse Signal appears. What do you think ?
AB,

While I (me, myself, lol) would agree with the above, A LOT of traders are NOT really comfortable trading WITHOUT SLs...

Therefore I would suggest you leave them in there for such traders but allow us to deactivate SLs and TPs by inputting Zeros or 99999s.

This would then be like have BOTH SLs/TPs and ALSO having Equity Management in case you prefer to go that route.

Well...you decide AB - I trust your judgement on that.

Regards,

Ty
My job: I speculate and manage risk.
  • #462
  • Feb 7, 2015 5:29am Feb 7, 2015 5:29am
Quoting TyLamai
{quote} Hello Rooi! You have my BLESSING! Lol. Thanks man - Well done. Regards, Ty

LOL

Thanks

Here is the link to the start of it.

http://www.forexfactory.com/showthre...16#post8052816

Rooi
We miss 100% of the shots we don't take
  • #463
  • Feb 7, 2015 8:17am Feb 7, 2015 8:17am
Quoting TyLamai
{quote} Hello anuj20jain, Please find below the details concerning the HA_Rider_v4 BOT you requested. Please forgive the overwhelming usage of "I" below. Lol. Setfile attached. View Trade Explorer Here: 240.9% Return in 17days (9 days if you take away the weekends) http://www.forexfactory.com/tylamai#93 General Notes: ============================ - I trade this on 15 currency pairs (list of pairs also attached). - I trade this on the D1 TimeFrame. Therefore, this BOT opens trades ONCE daily but on 15 pairs simultaneously IF...if the conditions...
sorry if it has been asked already.

My question is if you donot trade Monday and Friday then you only have 3 trades per week per pair? Do you close all trades on Thursday night before Friday candle starts no matter if trades are in profit or loss? Please explain this part.

Thanks
My Pips Stolen By The Broker
  • #464
  • Feb 7, 2015 8:31am Feb 7, 2015 8:31am
Quoting Rooi
{quote} LOL Thanks Here is the link to the start of it. http://www.forexfactory.com/showthre...16#post8052816 Rooi
Wow Rooi! You don gone around and turned me into a cult leader damn! LOOOOLLLLZZZZ!

Oh man - amazing job over there already - are you SURE you ain't an Architect or some type of Engineer in real life!?

Me likey da new thready Rooi - Salute!

Regards,

Ty
My job: I speculate and manage risk.
  • #465
  • Feb 7, 2015 8:59am Feb 7, 2015 8:59am
Quoting kjaved
{quote} sorry if it has been asked already. My question is if you donot trade Monday and Friday then you only have 3 trades per week per pair? Do you close all trades on Thursday night before Friday candle starts no matter if trades are in profit or loss? Please explain this part. Thanks
No kjaved, this question has not been asked before therefore not answered.

I generally DO NOT close trades. The Equity EA does that automatically once 30% of the initial deposit (or operating equity) has been reached. Please NOTE that 30% is actually a FIXED amount...and NOT a percentage of anything.

Meaning: if my initial deposit = $1,000 OR...or my current Operating Equity = $2,000, THEN the Equity EA will Close ALL open positions at $300 OR $600 ya?

I generally TRY to get that 30% ROI at least ONCE per week. If this happens on a Thursday, then I see NO NEED to trade on Friday. But most times, I hit this 30% target by Wednesday - so I THEN target ANOTHER (i.e. an additional) 30% by ALLOWING the HA_Rider EA trade again by Wednesday Evening. Another FIXED 30%...another $300 or $600 even though my Equity is now $1,300 or $2,600. Get it? FIXED.

Time Zones:
=============
I live at GMT+1 but trade from GMT+2, so:

=> Sunday Night (23:00 when the week begins officially) = No trade, HA_Rider deactivated (except if I already have Open trades from the previous week).

=> Monday Night (23:00) = First bunch of trades opened in the Direction of D1 Heiken Ashi ya? We may or may not have 15 open trades - a lot of factors determine that. All 15 pairs DO NOT trend at the EXACT same time.

=> Tuesday Night (23:00) = More trades ADDED to the ones already opened on Monday Night still in the in the Direction of D1 Heiken Ashi.

***Note: At this Point, we may have some trades closed and REVERSE trades opened in their stead IF...if HA_Rider deems it so. That's HA_Rider's business.
***Note Also: We may also have had our first 30% Target Hit - in that case FRESH trades would be opened AGAIN at Tue 23:00 ya?

=> Wednesday Night (23:00) = More trades ADDED to the ones already opened on Monday & Tuesday Nights still in the in the Direction of D1 Heiken Ashi.

=> Thursday Night (23:00) = More trades ADDED to the ones already opened on Monday, Tuesday, & Wednesday Nights still in the in the Direction of D1 Heiken Ashi.

***Note: It's very possible to have hit our second 30% Target Hit (the Leverage I use is heavy after all) - in that case you have a DECISION to make: Allow HA_Rider open FRESH trades or PAUSE until Monday Night of the following week? Have you had enough RETURNS? It's ALL YOUR choice at this point.


RED News Trading:
=============
I couldn't care less about News because I trade via the DAILY charts and most times REDs don't make any impact on the D1 chart anyways.


Please don't forget that all of the above is just how I (me, myself) trade...you SHOULD device a method which suits your risk aversion ya?

Ask as much as you need to.

Regards,

Ty
My job: I speculate and manage risk.
  • #466
  • Feb 7, 2015 12:57pm Feb 7, 2015 12:57pm
Quoting TyLamai
{quote} No kjaved, this question has not been asked before therefore not answered. I generally DO NOT close trades. The Equity EA does that automatically once 30% of the initial deposit (or operating equity) has been reached. Please NOTE that 30% is actually a FIXED amount...and NOT a percentage of anything. Meaning: if my initial deposit = $1,000 OR...or my current Operating Equity = $2,000, THEN the Equity EA will Close ALL open positions at $300 OR $600 ya? I generally TRY to get that 30% ROI at least ONCE per week. If this happens on a Thursday,...
Hello TyLamai very well explained and thank you very much for giving a great suggestion, may I ask you which Equity EA you are using could you please share here and second I want to know what is a RED News Trading please can you explain

Wish you all the best in your life

Thank you

Regards,
Moti
  • #467
  • Feb 7, 2015 1:55pm Feb 7, 2015 1:55pm
Abokwaik, Tylamai,

Just wanted to say great work on the HA_Rider EA, it certainly seems promising.
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #468
  • Feb 7, 2015 2:06pm Feb 7, 2015 2:06pm
Quoting Rooi
{quote} LOL Thanks Here is the link to the start of it. http://www.forexfactory.com/showthre...16#post8052816 Rooi
This thread going in right direction because I always say that fixed SL is the attraction for broker to make money but here money management play an important role when you don't have any SL because EA close orders on base of percentage of equity.

Wish you all good luck.
Love for all; Hatred for none.
  • #469
  • Feb 8, 2015 1:07am Feb 8, 2015 1:07am
Quote
---------------------------------------------------------------------------------
To: TyLamai | From: Telac | Sent: Feb 8, 2015 4:20
---------------------------------------------------------------------------------
Hi Ty,

Just wondering if you ever hit the 40% basket sl? I see in your trade explorer it shows a 55% DD at some point. Thanks for your informative posts and for sharing the info.

Cheers
Gary
...

Hi Telac,

I wonder why you did not ask this in the RobotsLab thread? Others may have learnt something from it too...

Anyways, to answer your question, The account started with $1,000 yeah? And HIGH Leverage.

But during the journey between $1,000 and $2,000 equity, the account NEVER hit the $400 CloseALL DD mark. LOWEST it got to was $544.43

And during the journey between $2,000 and $3,000 equity, the account NEVER hit the $600 CloseALL DD mark either. LOWEST it got to was $1151.67

So, No - the account did not at any time get to the 40% of INITIAL / OPERATING Equity mark...but...

Remember ALSO that RISK can be reduced. There is NO particular hurry to make 240+% in 17days ya? So if DD is a concern to your for instance, you can REDUCE your Lotsize to say: 0.05 per $1,000 or 0.01 per $1,000. At this rate, I doubt that you stand the risk of hitting that 40% Max DD CloseALL mark. Ya dig?

I think I'll post this in the forum - others WILL learn from this.

I hope I answered your question?

Regards,

Ty
My job: I speculate and manage risk.
  • #470
  • Feb 8, 2015 1:22am Feb 8, 2015 1:22am
Quoting Motiram
{quote} Hello TyLamai very well explained and thank you very much for giving a great suggestion, may I ask you which Equity EA you are using could you please share here and second I want to know what is a RED News Trading please can you explain Wish you all the best in your life Thank you Regards, Moti
Hello Motiram,

RED News Trading refers to trading during HIGH Impact News events like NFP, FOMC and the like. On the Daily Chart, the "effects" of these "RED News / High Impact" Events is minimal - negligible. Reason being that - indicators tend to be MUCH MORE "accurate" the Higher the TimeFrame (chart) you trade on. For example on the AUDUSD, Heiken Ashi has been indicating a SELL since the 20th of January...on a Lower TF, that sell signal would have changed like six million (hyperbole) times in the same period...you DO NOT even wanna know what RED News would have done to your positions if you were trading via a Lower TF chart!

***Nevertheless, as an aside, I still think Lower TFs can MAYBE be used with "TINY-er" Lotsizes.

As for Equity EAs, I talked about them already on Post#446: http://www.forexfactory.com/showthre...02#post8051602

But I still think those would soon become obsolete once AB is done with HA_Rider v5.

Regards,

Ty
My job: I speculate and manage risk.
  • #471
  • Feb 8, 2015 1:27am Feb 8, 2015 1:27am
Quoting antantnz
Abokwaik, Tylamai, Just wanted to say great work on the HA_Rider EA, it certainly seems promising.
Thanks for the kind words antantnz.

I think HA_Rider can be made to work consistently over time with the right tweaks (equity to lotsizing ratio, trading days, timeframe, etc).

It definitely looks promising.

Regards,

Ty
My job: I speculate and manage risk.
  • #472
  • Feb 8, 2015 1:36am Feb 8, 2015 1:36am
Quoting aahmad29
{quote} This thread going in right direction because I always say that fixed SL is the attraction for broker to make money but here money management play an important role when you don't have any SL because EA close orders on base of percentage of equity. Wish you all good luck.
Hi aahmad29,

I too DO NOT (as much as possible) trade with SLs - I HATE them !

I know, I know, I know...Babypips101 say you can get CLEANED out that way - and I agree! BUT...but I've seen MUCH MORE accounts "gradually" cleaned out via the "sensible" application of Stop Losses than not - and MANY PROFITABLE systems discarded when ALL that needed to be done was to REMOVE the SLs and use a GENERAL account Equity Management.

People NEED to get this: the Balance between Lotsizing, Leverage, Equity, TimeFrame, Trading Times. If you can FIGURE out how these fit into ANY system you trade (manual or automated), I believe that therein lieth the secret to this Madness we call Forex Trading. Lol - I sound like a preacher !

Whew...

Anyways - this is JUST ME and how I (me, myself) prefer to trade and it works for ME. Please do NOT try this at home people lol!

Nice contribution aahmad29.

Regards,

Ty
My job: I speculate and manage risk.
  • #473
  • Feb 8, 2015 1:53am Feb 8, 2015 1:53am
Quoting TyLamai
{quote} Hi Telac, I wonder why you did not ask this in the RobotsLab thread? Others may have learnt something from it too... Anyways, to answer your question, The account started with $1,000 yeah? And HIGH Leverage. But during the journey between $1,000 and $2,000 equity, the account NEVER hit the $400 CloseALL DD mark. LOWEST it got to was $544.43 And during the journey between $2,000 and $3,000 equity, the account NEVER hit the $600 CloseALL DD mark either. LOWEST it got to was $1151.67 So, No - the account did not at any time get to the 40% of...
Thanks for the reply - the reason for the PM was just in the event I had missed it in the thread, (which I sometimes do) I didn't want to add unnecessary posts. Not quite sure I understand the MM. You mention that on the journey from $1000 the account got to $544.43; unless I'm not understanding the MM correctly this would mean you went over the 40% ($400) by $55.57 if indeed the account hit a low of $544.43. Same on the next journey from $2000 to $3000.... a low of $1151.67 would indicate a draw down of $848.33 which is over a bit over the 40% curb which would be a low of $1200. I assume I am not understanding something correctly - likely the case. At any rate, as you say there is no reason to rush the account too quickly, half the lot-size still would produce amazing gains. Very Nice! Again, thanks for sharing.
  • #474
  • Feb 8, 2015 2:16am Feb 8, 2015 2:16am
Quoting Telac
{quote} Thanks for the reply - the reason for the PM was just in the event I had missed it in the thread, (which I sometimes do) I didn't want to add unnecessary posts. Not quite sure I understand the MM. You mention that on the journey from $1000 the account got to $544.43; unless I'm not understanding the MM correctly this would mean you went over the 40% ($400) by $55.57 if indeed the account hit a low of $544.43. Same on the next journey from $2000 to $3000.... a low of $1151.67 would indicate a draw down of $848.33 which is over a bit over...
Hello Telac,

You are 100% CORRECT! And this is WHY I prefer to interact with people because it makes it EASIER to ferret out ERRORS when more heads are involved.

The DD I was saying "inside my head" was 60%!!! Damn...Here's how the ERROR of 40% came to be:

Equity * 0.40 = Max DD Level which I mark on my Equity Chart!

So for $1,000 = 1000 * 0.40 = $400...etc. I mark 400 on my equity chart (or key that in as a HARD Stop in the EA, and once Equity gets to this point, it's GAME OVER until further notice).

Again you are correct - it's a MAX DD of 60% of Equity and not 40% as earlier stated. This was an oversight on my part - thank you for bringing this to my notice. Oh boy .

Please as usual ask so we can all get more enlightened.

Regards,

Ty
My job: I speculate and manage risk.
  • #475
  • Edited 9:18am Feb 8, 2015 3:48am | Edited 9:18am
HA_Rider_05

Updates :

  1. Option to use either standard HA indicator (HA) or HA Smoothed Indicator (HAS) with user settings. I modified the Smoothed indicator, my modifications are listed in the header section of the indicator MQ4 file. So please use the one posted here.
  2. Filter by Higher Time Frame HA or HAS (based on above selection). To disable set Higher time frame same as Time_Frame. When HAS option is used, different settings can be entered for Higher time frame HAS
  3. Time frames can be entered as letters Caps or Small (H1, H4, D1, W1 ... etc) instead of numbers of minutes. Number of minutes will also work.
  4. Exit options as Equity percentage Gain or Loss (10 = 10%). This option will apply to all PAIRS, as it is related to Account Equity not a Single Pair Profit/Loss.
  5. Can be traded on multiple pairs (multiple charts) with Same Magic Number.
  6. Pair orders will be closed if a reversal signal appears for that pair regardless of Equity Gain/Loss input.
  7. ECN option.

Inputs:

  1. Time_Frame = "D1"; // Time Frame Used, letters or minutes
  2. --------------------------------------------
  3. HA_Settings = "Heiken Ashi Indicator Settings"
  4. Indicator_Type = "HAS"; // HA:Heiken Ashi, HAS:Heiken Ashi Smoothed
  5. HAS_MA_Method_1 = 2;//HAS MA Method 1 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
  6. HAS_MA_Period_1 = 4;//HAS MA Period 1
  7. HAS_MA_Method_2 = 2;//HAS MA Method 2 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
  8. HAS_MA_Period_2 = 1;//HAS MA Period 2
  9. --------------------------------------------
  10. Lot_Size_Controls = "Lot Size Controls"
  11. Fixed_Lot_Size = 0.1;// Lot Size for 1st order in the chain
  12. Next_Lot_Factor = 0.8;// Next Order Multiply Factor, to use orders of same size set to 1
  13. --------------------------------------------
  14. Orders_Controls = "Orders Controls"
  15. Min_Pips_Between_Orders = 20;// Min. Distance in Pips or Points between orders // Pips(for 4-digit broker) or Points(for 5-digit broker)
  16. Max_Open_Orders = 10;// Max. Open Orders per pair
  17. --------------------------------------------
  18. Closing_Options = "Closing Options"
  19. Equity_Gain_Percentage = 10;//Equity Gain Percentage
  20. Equity_Loss_Percentage = 10;//Equity Loss Percentage
  21. Stop_Loss_Pips = 100;//Stop Loss in Pips (0 to disable)
  22. Trailing_Stop_Pips = 100;//Trailing Stop in Pips (0 to disable)
  23. Trailing_Stop_Jump = 10;//Trailing Stop Jump (to reduce order modification requests)
  24. --------------------------------------------
  25. Entry_Filters = "Entry Filters"
  26. MA_Period = 200;//MA Period. 0 to disable
  27. MA_Type = 0;//MA Type:0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
  28. Higher_TF = "W1";//Higher Time Frame (to disable set as Time_Frame)
  29. H_HAS_MA_Method_1 = 2;//HAS MA Method 1 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
  30. H_HAS_MA_Period_1 = 4;//HAS MA Period 1
  31. H_HAS_MA_Method_2 = 2;//HAS MA Method 2 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
  32. H_HAS_MA_Period_2 = 1;//HAS MA Period 2
  33. --------------------------------------------
  34. Miscellaneous_Options = "Miscellaneous Options";//Miscellaneous Options
  35. Max_Seconds_to_Activate = 60;// Max. Seconds to activate after candle starts
  36. Max_Allowed_Slippage = 10;//Max Allowed Slippage
  37. Normal_or_ECN_Account = "N";//N:Normal, E:ECN

Test Result on one pair EUR/USD 2014-2015

Attached Image (click to enlarge)
Click to Enlarge Name: ha_05_tr.PNG Size: 40 KB


Couldn't back test on multiple pairs as you know we can not back test multiple pairs on MT4, so we have to leave this for forward testing.

Enjoy,

Khalil
Attached File(s)
File Type: mq4 Heiken_Ashi_Smoothed_TF.mq4   5 KB | 737 downloads
File Type: ex4 Heiken_Ashi_Smoothed_TF.ex4   10 KB | 554 downloads
File Type: mq4 HA_Rider_05.mq4   21 KB | 784 downloads
File Type: ex4 HA_Rider_05.ex4   29 KB | 572 downloads
No guts, no glory
  • #476
  • Feb 8, 2015 4:26am Feb 8, 2015 4:26am
Quoting abokwaik
HA_Rider_05 Updates...




EXCELLENT as always AB!

Regards,

Ty
My job: I speculate and manage risk.
  • #477
  • Feb 8, 2015 4:41am Feb 8, 2015 4:41am
A few Quick questions AB - if I may:

1.) Do my settings below mean that I have disabled MA but that I am STILL using HAS D1 (2,4,2,1) as a Higher Time Frame Filter?

input string Entry_Filters = "Entry Filters";//Entry Filters
input int MA_Period = 0;//MA Period. 0 to disable
input int MA_Type = 0;//MA Type:0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
input string Higher_TF = "D1";//Higher Time Frame (to disable set as Time_Frame)
input int H_HAS_MA_Method_1 = 2;//HAS MA Method 1 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
input int H_HAS_MA_Period_1 = 4;//HAS MA Period 1
input int H_HAS_MA_Method_2 = 2;//HAS MA Method 2 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted
input int H_HAS_MA_Period_2 = 1;//HAS MA Period 2

2.) input int Max_Allowed_Slippage = 3;//Max Allowed Slippage
This represents 3 pips right? On a 5 Digit broker?

Regards,

Ty
My job: I speculate and manage risk.
  • #478
  • Feb 8, 2015 4:50am Feb 8, 2015 4:50am
Quoting TyLamai
{quote} Hello Motiram, RED News Trading refers to trading during HIGH Impact News events like NFP, FOMC and the like. On the Daily Chart, the "effects" of these "RED News / High Impact" Events is minimal - negligible. Reason being that - indicators tend to be MUCH MORE "accurate" the Higher the TimeFrame (chart) you trade on. For example on the AUDUSD, Heiken Ashi has been indicating a SELL since the 20th of January...on a Lower TF, that sell signal would have changed like six million (hyperbole) times in the same period...you DO NOT even wanna...
Thank you TyLamai, for replying and explaining in detailed, as I am new in Forex I am picking all slowly for that I have to read post again and again, reading few back post I come to know that EA, HA_Rider idea has been contributed by you, I want to congratulate you for great contribution, and also making idea true to abokwaik for his hard work making a great system

Any way just you were talking about HA_Rider v5 and saw it is done


Regards
Moti
  • #479
  • Edited 5:24am Feb 8, 2015 4:59am | Edited 5:24am
Quoting TyLamai
A few Quick questions AB - if I may: 1.) Do my settings below mean that I have disabled MA but that I am STILL using HAS D1 (2,4,2,1) as a Higher Time Frame Filter? input string Entry_Filters = "Entry Filters";//Entry Filters input int MA_Period = 0;//MA Period. 0 to disable input int MA_Type = 0;//MA Type:0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted input string Higher_TF = "D1";//Higher Time Frame (to disable set as Time_Frame) input int H_HAS_MA_Method_1 = 2;//HAS MA Method 1 : 0:Simple,1:Exponential,2:Smoothed,3:Linear_Wighted...
1. Yes. Correct.
2. Slippage of 3 on a 5-digit broker means that if the buy order sent was @ 1.12345, then robot will not open the order at any price above 1.12348.
No guts, no glory
  • #480
  • Feb 8, 2015 5:40am Feb 8, 2015 5:40am
Quoting abokwaik
{quote} 1. Yes. Correct. 2. Slippage of 3 on a 5-digit broker means that if the buy order sent was @ 1.12345, then robot will not open the order at any price above 1.12348.
Ok - thanks AB. I need to set that at 30 then since I want 3 pips.

Regards,

Ty
My job: I speculate and manage risk.
1 trader viewing now