Robot Lab Project | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Financial Markets Observatory Lab 1,096 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

  • #521
  • Feb 10, 2015 9:26pm Feb 10, 2015 9:26pm
Quoting abokwaik
"Cut your losses short and let your winners run" was a very simple idea, no-indicators at all, just position management, which filters out bad trades : Choose 3 consecutive time frames, (i.e. : H1,H4,D1 OR D1,W1,MN1) Lets call them T1,T2,T3 where T1 is the smallest time frame. Open Buy and Sell on open of T1 with same lot size. At the close of T1, close the looser and keep the winner Repeat Step 1, and Step 2 At the close of T2, close the looser(s) and keep the winners At the close of T3, close the looser(s) and keep the winners Protect you Big...
Hello Abowaik,

Its really Mechanic,... i try to find a method like this,... so MM will be the best way to earn profit,... please continue,...

Thanks,

Budi
  • #522
  • Feb 10, 2015 10:41pm Feb 10, 2015 10:41pm
dear
i am interested in a very simple idea for robot.Can you do for me. the idea is as under
if i am in buy then open the limit position with specified pip diffrence
all the position must have tp limit . if a tp position hit then it also open the buy limit position at that point where it was
same is the case if i am on sell
normally 10 position opens with one click
if you need further explanation i am ready
  • #523
  • Feb 11, 2015 12:09am Feb 11, 2015 12:09am
Quoting akmal786
dear i am interested in a very simple idea for robot.Can you do for me. the idea is as under if i am in buy then open the limit position with specified pip diffrence all the position must have tp limit . if a tp position hit then it also open the buy limit position at that point where it was same is the case if i am on sell normally 10 position opens with one click if you need further explanation i am ready
With all respect,

Your idea is neither complete nor mature enough for a robot.
Come back with a complete system and I promise I will look into it.

Regards,
No guts, no glory
  • #524
  • Feb 13, 2015 3:37pm Feb 13, 2015 3:37pm
Quoting budidharma19
{quote} Hello Abowaik, Its really Mechanic,... i try to find a method like this,... so MM will be the best way to earn profit,... please continue,... Thanks, Budi

It just needs a good entry system better than hedging.

I am thinking of adding multiple entry methods.

I am open for suggestions.
No guts, no glory
  • #525
  • Feb 13, 2015 4:56pm Feb 13, 2015 4:56pm
Quoting abokwaik
{quote} {quote} OK guys, I will work on the idea. Need to do some research first.
This might be useful. It seems to be the only basket chart creator indicator in existence with the ability to reverse pairs. Unfortunately, it is not designed as an offline chart or with the ability to add any other indicator apart from the HAS it comes hardcoded with. If it would be possible to add any other indicators as desired, and an EA written with the ability to trade off of this, then it might do what we are trying to achieve.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD BASKET.png Size: 53 KB
Click to Enlarge Name: EUR BASKET.png Size: 54 KB
Click to Enlarge Name: GBP BASKET.png Size: 47 KB
Click to Enlarge Name: CAD BASKET.png Size: 55 KB
Click to Enlarge Name: AUD BASKET.png Size: 42 KB
Click to Enlarge Name: NZD BASKET.png Size: 44 KB
Click to Enlarge Name: JPY BASKET.png Size: 45 KB
Attached File(s)
File Type: mq4 BasketChart.mq4   26 KB | 493 downloads
  • #526
  • Feb 14, 2015 3:23am Feb 14, 2015 3:23am
you are doing a great work of ea developments Abokwaik

sorry to disturb your thread
but I just want to tell you to take the high and low of basket value with a grain of salt

in effect adding high and low of different pairs works only if the high and low occur exactly at the same time
because if not the extremum would never exists

the only way to get a true basket chart is to extract it from tick values
at least with 1mn data the noise would go down a little bit
  • #527
  • Feb 14, 2015 5:02am Feb 14, 2015 5:02am
Quoting LITEchild
{quote} This might be useful. It seems to be the only basket chart creator indicator in existence with the ability to reverse pairs. Unfortunately, it is not designed as an offline chart or with the ability to add any other indicator apart from the HAS it comes hardcoded with. If it would be possible to add any other indicators as desired, and an EA written with the ability to trade off of this, then it might do what we are trying to achieve. {image} {image} {image} {image} {image} {image} {image} {file}
Thanks, LITE.

This indicator is using a sub-window which will be difficult (if not impossible) to trade using an EA and other indicators.

My current plan is as follows:

  1. Develop and EA/Indicator/Script to create an Off_Line Basket Chart based on user selection of pairs/weight/timeframe(s)
  2. Develop and EA to be placed on the Off_Line Chart, and trading the different pairs included in the basket based on Indicator(s) placed on the off_line chart

Gonna need sometime as I am not dedicating much time for this due to other obligations.

No guts, no glory
  • #528
  • Feb 14, 2015 12:54pm Feb 14, 2015 12:54pm
Quoting abokwaik
{quote} Thanks, LITE. This indicator is using a sub-window which will be difficult (if not impossible) to trade using an EA and other indicators. My current plan is as follows: Develop and EA/Indicator/Script to create an Off_Line Basket Chart based on user selection of pairs/weight/timeframe(s) Develop and EA to be placed on the Off_Line Chart, and trading the different pairs included in the basket based on Indicator(s) placed on the off_line chart Gonna need sometime as I am not dedicating much time for this due to other obligations.
  • #529
  • Feb 15, 2015 1:24am Feb 15, 2015 1:24am
Hi guys
just wanted to let you know this idea is already down by Seller9 and working perfect....
He did a brilliant job with coding the basket creating Ea and the basket trading Ea....
you guys may check it out

Here is the link: http://www.forexfactory.com/showthread.php?t=446654

Green pips to all and all the best

Alex
Stay GREEN my friends........
  • #530
  • Feb 16, 2015 12:02am Feb 16, 2015 12:02am
Quoting alexforex541
Hi guys just wanted to let you know this idea is already down by Seller9 and working perfect.... He did a brilliant job with coding the basket creating Ea and the basket trading Ea.... you guys may check it out Here is the link: http://www.forexfactory.com/showthread.php?t=446654 Green pips to all and all the best Alex
Yes. I am aware of that.

What I am trying to do here is an OPEN SOURCE Project.
No guts, no glory
  • #531
  • Edited 1:00am Feb 16, 2015 12:43am | Edited 1:00am
BASKET Project

I've just completed the first step of this project (as per plan in post # 527):

  1. Develop and EA/Indicator/Script to create an Off_Line Basket Chart based on user selection of pairs/weight/timeframe(s)


I built this script starting from "PeriodConverter of MetaQuotes Software Corp".
Currently working fine and you can attach indicators and EAs to it.
As I go forward I will see I will keep it as a script or convert it to an EA.

Inputs :

  1. Basket_Name ="USDBSKT"

    1. Basket Name (max of 12 characters)



  2. Time_Frame = 60

    1. Off_Line Chart Time_Frame to be created (number in Minutes for now 60 for H1 240 for H4 .. etc)



  3. Pairs = "EURUSD,GBPUSD,AUDUSD,NZDUSD,USDCAD,USDCHF,USDJPY"

    1. Basket Pairs (unlimited)



  4. Pairs_DW = "-1 ,-1 ,-1 ,-1 ,+1 ,+1 ,+0.01 "

    1. Pairs Directional Weight (Negative if the main basket currency is on the right Side)



​​A EUR Basket can be set as follows:
//-- EUR BASKET

  1. Pairs = "EURUSD,EURGBP,EURAUD,EURCAD,EURCHF,EURNZD,EURJPY";//Basket Pairs
  2. Pairs_DW = "+1 ,+1 ,+1 ,+1 ,+1 ,+1 ,+0.01 ";//Pairs Directional Weight

​​A GBP Basket can be set as follows:
//-- GBP BASKET

  1. Pairs = "GBPUSD,EURGBP,GBPAUD,GBPCAD,GBPCHF,GBPNZD,GBPJPY";//Basket Pairs
  2. Pairs_DW = "+1 ,-1 ,+1 ,+1 ,+1 ,+1 ,+0.01 ";//Pairs Directional Weight



And so on, you can add or remove pairs from basket as you wish, just make sure that each pair has a corresponding directional weight.
Also you can mix and match as long as you know what you're doing.

Usage:

 

  1. The script is to be placed on an M1 chart of an active pair (i.e. EUR/USD, GBP/JPY ... etc).
  2. All pairs in the basket should have enough M1 data. You can open the pairs used and go back in history as desired and refresh the charts
  3. One Script Instance can be applied to One Chart, so if you like to create multiple baskets you need to apply multiple instances of the script to multiple charts
  4. Go to File>Open Offline> and open the basket you've just created

Screen Shot:


Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader - ActivTrades.png Size: 143 KB
Attached File(s)
File Type: mq4 Create_Basket_Script.mq4   15 KB | 359 downloads
File Type: ex4 Create_Basket_Script.ex4   22 KB | 293 downloads
No guts, no glory
  • #532
  • Feb 16, 2015 3:21am Feb 16, 2015 3:21am
Amazing how this stuff works :

This is the updated chart from previous post (as of now). Look at how Basket re-acted to Resistance. Just like a normal pair.

Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader - ActivTrades.PNG Size: 142 KB
No guts, no glory
  • #533
  • Feb 16, 2015 4:21am Feb 16, 2015 4:21am
Quoting abokwaik
Amazing how this stuff works : This is the updated chart from previous post (as of now). Look at how Basket re-acted to Resistance. Just like a normal pair. {image}
Hi Khalil

Looking forward to seeing how it works when I find time a bit later.

Rooi
We miss 100% of the shots we don't take
  • #534
  • Feb 16, 2015 6:07am Feb 16, 2015 6:07am
Quoting abokwaik
{quote} Yes. I am aware of that. What I am trying to do here is an OPEN SOURCE Project.
Correct.

Regards,

Ty
My job: I speculate and manage risk.
  • #535
  • Feb 16, 2015 6:10am Feb 16, 2015 6:10am
Quoting abokwaik
...A EUR Basket can be set as follows: //-- EUR BASKET Pairs = "EURUSD,EURGBP,EURAUD,EURCAD,EURCHF,EURNZD,EURJPY";//Basket Pairs Pairs_DW = "+1 ,+1 ,+1 ,+1 ,+1 ,+1 ,+0.01 ";//Pairs Directional Weight ​​A GBP Basket can be set as follows: //-- GBP BASKET Pairs = "GBPUSD,EURGBP,GBPAUD,GBPCAD,GBPCHF,GBPNZD,GBPJPY";//Basket Pairs Pairs_DW = "+1 ,-1 ,+1 ,+1 ,+1 ,+1 ,+0.01 ";//Pairs Directional Weight And so on...
Well done AB,

The speed with which you have arrived at this point is amazing to say the least!

Imagine IF...if you actually decide to make this Script ALSO the EA? - THAT definitely would be different; though I don't know if it would be lean and efficient (not a coder - ignorant tester and trader!)

Anyways - keep it up man, let's see where this take us.

Regards,

Ty
My job: I speculate and manage risk.
  • #536
  • Feb 16, 2015 6:33am Feb 16, 2015 6:33am
See here AB,

USDBasket with CCI and HAS attached.

So far so good.

I noticed though that IXO_AH indicator did not work (but I didn't spend time testing that - still much too EARLY in the development to bother about all that).

Nice work AB. Let's go there!

Regards,

Ty
Attached Image (click to enlarge)
Click to Enlarge Name: USDBasket.png Size: 43 KB
My job: I speculate and manage risk.
  • #537
  • Feb 16, 2015 8:48am Feb 16, 2015 8:48am
BASKET Project

I tried to open the generated Off-Line Chart Programmaticly from the "Create_Basket_Script" but could't find an elegant solution for that.
So I will skip this part for now, and the user will have to open the Off-Line Chart manually.
Keep in mind that the Original Live Chart were you placed the script should be kept open in order to update the Off_Line Chart.

I will focus now on running the EA on the Off_Line Chart.
No guts, no glory
  • #538
  • Feb 16, 2015 11:29am Feb 16, 2015 11:29am
Quoting abokwaik
BASKET Project I tried to open the generated Off-Line Chart Programmaticly from the "Create_Basket_Script" but could't find an elegant solution for that. So I will skip this part for now, and the user will have to open the Off-Line Chart manually. Keep in mind that the Original Live Chart were you placed the script should be kept open in order to update the Off_Line Chart. I will focus now on running the EA on the Off_Line Chart.
Hai abokwaik,

the script is excellent, please add a digit after the decimal right now it has only four digits, please make it as five, it will match other pairs digits. and it will be easy for further more calculations
  • #539
  • Feb 16, 2015 11:45am Feb 16, 2015 11:45am
Quoting scalper.exp
{quote} Hai abokwaik, the script is excellent, please add a digit after the decimal right now it has only four digits, please make it as five, it will match other pairs digits. and it will be easy for further more calculations
Thanks scalper,

This version was just a DRAFT for testing.

More to come.

Stay tuned
No guts, no glory
  • #540
  • Feb 16, 2015 11:49am Feb 16, 2015 11:49am
thanks for your reply,

i am also doing the same thing "testing", my basic idea is to create a range bar chart from the basket chart and trade them, using renko i have many ways to trade successfully, but i have to try at basket, for that i need that basket chart digit must have the same digit of the other pair, like gbpusd = 5digits, usdbasket = 5 digits.
bcoz renko indicators are created like that only
1 trader viewing now